Ethereum Breaks All Time High!

Ether ATH, Janet Yellen Yellin' About Bitcoin, Stake DAO Airdrop

The “Flippening”

• ETH/BTC Target Flippening Price of 0.1627 BTC = 1 ETH

Bitcoin ATH Breakout vs. USD

Ethereum ATH Breakout vs. USD

ETH/BTC ATH Still ~3x Away

Ethereum isn’t done yet, there are a few reasons Ether’s price will rise and stay above $1500 moving forward.

-Undervalued In BTC Terms

-EIP1559 (ETH Burn)

-Retail ETH2 Staking (Major Exchanges)

-DeFi Liquidity Sinks (AMMs, Smart Contract Cover, Lending/Borrowing Pools)

-Layer 2 Scale (Mass Adoption)

Market Update (Monday 9:30 AM ET)

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

Bitcoin- $34,606 (-7%)

Ether- $1,1416 (+12%)

Gold- $1,852 (+1%)

DJI Average- 30,989 (UNCH)

NYSE Composite Index- 14,951 (UNCH)

NASDAQ Composite Index- 13,681 (+4%)

S&P500 Index- 3,851 (+3%)

New Developments

1. Silvergate Took ~$3B In Deposits From Digital Currency Customers, CoinDesk

2. Former Ripple Advisor Michael Barr To Head OCC, The Block

3. Announcing Cosmos <> Ethereum Gravity Bridge, Althea Blog

4. Stake DAO Community (Gitcoin, Lido, PoolTogether) Airdrop, Stake DAO Blog

5. Sberbank Seeks Central Bank Approval For Blockchain Platform, The Block

6. Brave Becomes First Browser To Offer Native IPFS Integration, CoinDesk

7. Microstrategy Buys $10M Bitcoin, Microstrategy

   Michael Saylor @michael_saylor

   MicroStrategy has purchased approximately 314 bitcoins for $10.0 million in cash in accordance with its Treasury Reserve Policy, at an average price of approximately $31,808 per bitcoin. We now hold approximately 70,784 bitcoins.

   

   microstrategy.comMicroStrategy Acquires an Additional $10 Million in BitcoinMicroStrategy’s business analytics and mobility platform helps enterprises build and deploy analytics and mobility apps to transform their business.

Industry Insights

• Empirical Anlaysis Of Privacy In The Lightning Network, Cornell University

• Janet Yellen Suggests “curtailing” Bitcoin, Business Insider

• What The Crypto World Should Watch For During Biden Era, CoinDesk

• $DPI (DeFi Pulse Index) Data, @josephdcook

• Uniswap v2 Success, Our Network

• $SUSHI Future Product Releases

• NFT Emmission Rate, Memo Akten

• Crypto VC Explosive Phase, Meltem Demirors

  Meltem Demirors @Melt_Dem

  1/ crypto VC is going through an explosive 🧨 phase there are big funds (>$500M AUM), a lot of small funds (<$50M AUM), and *tons* of prop firms + angels i’ve done 15 deals in the last 3 months as an angel + small fund @CoinSharesCo VC. observations + implications... 👇🏾

Dev Talk

1. Cosmos IBC Audit, Informal Systems

2. EVM384 Update 5: First Gas Cost Estimates, Ethereum.org

3. Term Lending Module MakerDAO, MIP43

4. ArmorFi Dune Analytics Dashboard, Richard Chen

5. Eclipse Attacks On Bitcoin’s Peer-to-Peer Network

Blockchain Education

Was Bitcoin Double Spent??

Lucas Nuzzi @LucasNuzzi

1\ There is an alarming amount of misinformation (fueled by the media) on what exactly happened to Bitcoin yesterday, and whether funds were "double spent" Here's everything you need to know 👇

Ethereum’s Baseline Protocol For Enterprises

FREE PUBLICITY

Soulja Boy (Drako) @souljaboy

What’s the best way to buy Crypto? Robinhood? Coinbase?

Blockchain Jobs

• Gitcoin: Customer & Operations Specialist at Gitcoin

• Trail of Bits: Technical Writer

• The Graph: Community, Foundation, Development

• Nexus Mutual: Smart Contract Engineer

• Circle: Sales, Engineering, Finance, Product

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

Earn Opportunity

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