Bitcoin & Ethereum Pop Off

Who's Buying?!

Ethereum Is For Entrepreneurs 

What do I mean by “Ethereum Is For Entrepreneurs”? In the same way the Internet created a whole new generation of entrepreneurs, Ethereum is an entirely new technological solution for entrepreneurs looking to create communities, brands, and most importantly a lasting impact on the world. Like the Internet, Ethereum is made up of numerous protocols allowing for many interoperable applications to be built on top. But to set the record straight, Ethereum is not competing with the Internet, it will work in tandem. This is what those in the space refer to as Web3. Web3 is a lot bigger than any one public blockchain but at its core it is a permission-less way to transfer value on the Internet without middlemen or intermediaries. On Ethereum, you don’t need to have a bank account, ask a bank to transfer funds, or experience 24-48 hour settlement delays. Ethereum is in fact the next generation financial layer.

Market Update (Monday 9:30 AM ET)

Percent Change (Rounded) Based on Last Monday Open (9:30 AM ET)

Bitcoin- $31,735 (+13%)

Ether- $1,019 (+30%)

Gold- $1,939 (+3%)

DJI Average- 30,627 (+2%)

NYSE Composite Index- 14,601 (+1%)

NASDAQ Composite Index- 12,958 (UNCH)

S&P500 Index- 3,764 (+1%)

New Developments

1. Most Exchanges Delist Ripple’s XRP (Besides Kraken)

2. New Website Tracking Price of Sats

3. Russell Okung First Professional Athlete Paid In Bitcoin

   Joe Pompliano @JoePompliano

   In May 2019, @RussellOkung tweeted "Pay me in Bitcoin." Today, Okung has become the first player from any major US professional sports league to be paid in bitcoin. Going forward, half of Okung's $13 million annual salary will be immediately converted to bitcoin. Legend.

   

Industry Insights

• The Week On-Chain (Week 52), Glassnode Insights

• Endnotes On 2020: Crypto and Beyond, Vitalik Buterin

• Tim Roughgarden: An Economic Analysis of EIP-1559; Q&A with Vitalik Buterin

• Synthetix 2020: A Decade In Review, Synthetix Blog

• 10 Charts Showing ETH At All-Time-Highs, Lucas

• Institutions Will Start Buying Ether In 2021, Messari Analyst

• Why Bitcoin May Be In A “Supercycle”, Dan Held

  Dan Held @danheld

  1/ Why Bitcoin may be going through a "Supercycle" This time is different: COVID, Gold 2.0 narrative, institutional herd, and ease of use have set a new stage. Instead of a normal bull/bear cycle, Bitcoin would break convention and enter a “Supercycle” Thread 👇

Dev Talk

1. Ethereum dApp Boilerplate, adrianmcli

2. ETHGlobal Developer Survey 2020

3. Setting Up A Bitcoin MultiSig Wallet

   Ben Kaufman @_benkaufman

   I've received many questions from people considering to set up a #Bitcoin multisig wallet but confused about the backup process, what should be backed up, and why. 🧵So here's a thread on backing up multisig wallets - what, why, and how.

dApp Education

*3 Tips to Save 50% on Ethereum Gas Fees When Trading on 1inch.Exchange

FREE PUBLICITY

Pomp 🌪 @APompliano

Front page of tomorrow's Financial Times. Bitcoin featured front and center for the world to see.

Blockchain Jobs

• Sigma Prime: Blockchain Security Engineer

• Trail of Bits: Technical Writer

• UMA: Senior Front-End Engineer

• The Giving Block: Back End Developer

• Circle: Sales, Engineering, Finance, Product

Want to list your company’s open position? Send an email to defibridge@gmail.com

Earn Opportunity

One of my favorite ways to earn crypto is through BlockFi. It’s like a savings account but for your crypto. US clients can earn up to 6% APY on BTC, 5.25% on ETH, and 8.6% on USDC! To me it’s a no brainer, start stacking so you have plenty of crypto during markets like this. Check out BlockFi using the link below.