*Source is David Hoffman’s Ether Is The Best Model For Money
Many don’t know this but Ether is the only Triple Point Asset in existence. Ether is all of the following:
-Money (Used For Payments)
-Commodity (Used To Pay Ethereum Network Fees)
-Working Capital (Staking Ether Earns Interest)
If being a Triple Point Asset wasn’t enough, Ether is the native asset to the Ethereum Blockchain. Ether wouldn’t be here today if it didn’t have such a powerful underlying technology in Ethereum. It is really hard to be excited about the future of permission-less and global applications and not be excited about owning a piece of that future (ETH).
Not only is Ethereum the blockchain and Ether the asset a very integral part for the future of the Internet but Ether is still severely undervalued in terms of BTC. Crypto assets typically trade against USD and BTC. The Dollar (DXY) is growing weaker by the day due to Blue Wave, Fed Printing, and Global Trade Conditions. Worst part is our Consumer Price Index (CPI) doesn’t show people how bad the dollar is doing. BTC on the other hand is a much “harder” asset and thrives under these conditions. There is no doubt in my mind Ether surpasses its old All-Time High of $1400 from 2018 but the real action to watch will be how it prices against BTC over the next year or two.
P.S. DeFi reached more than $20B of value locked in Ethereum Smart Contracts!
Anthony Sassano | sassal.eth 🏴 @sassal0x
$20 billion locked in DeFi 🚀 Source: @defipulse 
January 5th 2021
84 Retweets538 Likes Market Update (Monday 9:30 AM ET)
Percent Change (Rounded) Based on Last Monday Open (9:30 AM ET)
Bitcoin- $33,102 (+7%)
Ether- $1,025 (+1%)
Gold- $1,848 (-5%)
DJI Average- 31,015 (+1%)
NYSE Composite Index- 14,828 (+2%)
NASDAQ Composite Index- 13,160 (+1%)
S&P500 Index- 3,803 (+1%)
New Developments
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Three Arrows Reports $1.2B Grayscale GBTC Position, Frank Chaparro
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Ethereum’s Layer 2 Scaling Solution Optimism January 15 Release, Yogita Khatri
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Announcing the Internet Computer “Mainnet” and a 20-Year Roadmap, Dfinity
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Ukraine Picks Stellar Development Foundation For Digital Currency, Ian Allison
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Cosmos Governance Proposal for Community Pool Spend, Cosmos Forum
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US Regulator: Federal Banks To Facilitate Stablecoin Activities, Frank Chaparro
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Fincen Reported 65k Comments on Mnuchin’s Regulation, Site Shows ~7500
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Brave Update On MAU, DAU, Brendan Eich
BrendanEich @BrendanEich
@brave December stats: MAU: 24.1M DAU: 7.8M (high water mark; 7.4M 28-day mean) Also on brave.com/transparency. @AttentionToken top of funnel ~990K creators perbatgrowth.com&bravebat.info(successor tobat.watch).
BrendanEich@BrendanEich
@brave November stats: MAU: 22.2M DAU: 7.4M (high water mark; 7.1M 28-day mean) Also on https://t.co/stKtfDgV01. @attentiontoken top of funnel ~990K creators, > 541K YouTubers, per https://t.co/5vgjIVsHFc & https://t.co/2PBryNZDwi. https://t.co/OCT42fznyfJanuary 4th 2021
19 Retweets106 Likes
Industry Insights
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The Week On-Chain (Week 1, 2021), Glassnode Insights
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The Unreasonable Effectiveness of Inefficient Markets in Crypto, Tarun Chitra
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Ethereum Is The Tree Of Trust, David Hoffman
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JP Morgan Sees Bitcoin Long-Term Price Target At $146,000, Bloomberg
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CoinGecko Founded/Bootstrapped On $100 Of Starting Capital, TM
TM @tmlee
Fun fact: @coingecko was founded entirely bootstrapped with only $100 of starting capital. Today we are one of the largest crypto website in the world with 20+ employees. How is this possible?
January 5th 2021
266 Retweets2,256 Likes
Dev Talk
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Why We Need Wide Adoption of Social Recovery Wallets, Vitalik Buterin
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Technical Overview on Polkadot v. Cosmos v. Avalanche, Kevin Sekniqi
Kevin Sekniqi @kevinsekniqi
This is a thread on the technicals of Polkadot ($DOT) v. Cosmos ($ATOM) v. Avalanche ($AVAX)👇 (PS: huge thanks to those that helped me avoid a documentation spiral, especially @_patrickogrady)
January 4th 2021
100 Retweets247 Likes
dApp Education
*How to Stake on Synthetix with L2 (DeFi Dad)
FREE PUBLICITY
Meek Mill @MeekMill
I need everybody that rock wit me to learn about stocks and crypto currency!!!!!! ASAP!!!!!!
January 8th 2021
7,004 Retweets39,254 Likes Blockchain Jobs
Want to list your company’s open position? Send an email to [email protected]
Earn Opportunity
Retroactive airdrops became a pretty great way to reward early users and distribute tokens in 2020. A few DeFi applications really popularized this model like Uniswap and 1inch. To think rewarding early users of these applications will stop in 2021 is a little bit naive. To help users who want a shot at a future airdrop take a look at the link below of dApps the team over at Bankless put together. *A few projects not listed but I would be cool if they did a retroactive airdrop- Instadapp, MakerDAO Vault Holders, Catnip Exchange.
