Bankless ROLLUP: 3rd Week of April (BTC & ETH ATH, $COIN, Berlin Upgrade, Gary Gensler SEC, Bull Market)
Apr 16, 2021
Explore Bitcoin's surge to nearly $65,000 and its ripple effects on the market. Discover how Ethereum is poised for growth with increasing institutional interest and a vibrant DeFi landscape. Delve into the tension between traditional finance and crypto, as decentralized finance emerges as a revolutionary force. Learn about the innovative upgrades in Ethereum and the impact of major events like Coinbase's public listing. Additionally, witness the fascinating interplay between Wall Street Bets and DeFi, signaling a culture shift in finance.
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MakerDAO Real-World Assets
- MakerDAO is accepting real-world assets, like short-term commercial real estate loans, as collateral for DAI.
- This approach enhances DAI stability by diversifying its backing beyond on-chain assets.
Epic Games and NFTs
- Epic Games, creator of Fortnite, raised $1B, hinting at NFT integration and metaverse plans.
- This aligns with their successful skin sales and the rising trend of in-game NFTs.
Gensler's SEC and Crypto
- Gary Gensler's SEC chairmanship may bring much-needed regulatory clarity to crypto, though perhaps not entirely favorable.
- Hester Peirce's three-year safe harbor proposal for token issuance offers a potential solution for regulatory hurdles.