This week the Layer1 crew discusses Bitcoin’s chance of decoupling from equities market, what the Fed’s printing does to crypto, Tezos settling lawsuits, and the SOL auction happening this week on Coinlist.
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3:10 Breaking
Fed unlimited money cheat code
https://www.coindesk.com/into-the-unknown-no-limit-on-fed-money-injections
8:30 Quick News
Tether’s market cap has skyrocted, propelling it into fourth by overall market cap behind Ripple. Is it just from printing though?
https://cointelegraph.com/news/stablecoins-gain-market-share-amid-crypto-bloodbath
Tezos plaintiffs settle with Tezos Foundation for $25m
https://www.law.com/therecorder/2020/03/20/plaintiffs-in-tezos-ico-class-action-reach-ground-breaking-25m-settlement-deal/?slreturn=20200222173352
Kava calls for a vote to change its monetary policy for its USDX stablecoin in order to drive growth while Maker struggles
https://defirate.com/kava-liquidity-incentives/
https://www.theblockcrypto.com/post/59421/maker-foundation-mkr-debt-auctions-winning-bidding
Coinbase Broke Traffic Records and Saw Massive Volume During Market Collapse
https://www.coindesk.com/coinbase-broke-traffic-records-and-saw-massive-volume-during-market-collapse
17:45 Discussion
How has the value proposition for Bitcoin changed? Store of value vs. monetary policy hedge
Bitcoin has the highest rolling 30day correlation to the stock market ever
https://www.theblockcrypto.com/post/59482/rolling-30-day-correlations-between-bitcoin-and-the-sp500-hit-all-time-highs-this-week
49:45 Bitmex vs. Binance vs. Bybit vs. Deribit right now – where does each sit
https://cointelegraph.com/news/bitmex-insurance-fund-tags-ath-binance-and-deribit-inject-millions
VC amount invested in crypto fell in 2019 – bearish signal?
https://www.coindesk.com/vc-deals-in-crypto-remain-steady-while-volume-drops-in-2019-report
Atari is getting into crypto – HARD
https://cointelegraph.com/news/atari-is-not-releasing-an-ico-token-its-releasing-2-tokens-and-a-crypto-casino
11:11:15 Russia to ban Bitcoin?
https://www.forbes.com/sites/billybambrough/2020/03/21/blow-to-bitcoin-as-russia-moves-to-effectively-ban-crypto/#7670189f5c63
Coinbase and Bakkt push forward introducing crypto and integrations to new users
https://www.theblockcrypto.com/post/58838/bakkt-raises-300-million-series-b-funding-round
1:25:50 Bitcoin
Did institutions jump ship from BTC?
https://cointelegraph.com/news/bitcoin-cme-futures-volume-dropped-did-institutions-jump-ship
What’s going on with Bitcoin Cash’s transactions?
Are whales moving Bitcoin?
Did Somebody Turn Off the Bitcoin Cash Transaction Generator?
1:34:00 Ethereum
Data shows most Ethereum holders are underwater at these levels – when capitulation
Ethereum Classic is going through something
https://www.theblockcrypto.com/post/58953/ethereum-classic-collective-board-member-resigns-withdraws-funding-support
1:38:25 STEEM/HIVE
Steem hardforks Mar 20th over Justin Sun chaos
https://www.coindesk.com/steem-will-hard-fork-in-just-hours-over-community-fears-of-justin-sun-power-grab
https://www.coindesk.com/steem-fork-faces-legal-threat-from-mining-firm-over-hive-name
1:44:05 EOS
New Worker Proposal from EOS (overshadowed during chaos of Mar 12)
Brendan responds to WPS
While I greatly appreciate and applaud the work and thought that @EOS_Nation and @atticlab_it put into ways of potentially advancing the #EOS ecosystem, I am personally concerned of the effects the recently proposed EOS Worker Proposal System may have on the network.
— Brendan Blumer (@BrendanBlumer) March 15, 2020
1:57:10 Tezos
Tezos moves to gaming with Hearthstone competitor
https://www.coindesk.com/tezos-co-founder-turns-to-gaming-with-hearthstone-competitor
2:03:50 Solana
https://coinlist.co/solana
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