# 📺 ROLLUP: BIG DIP | NFT Culture | Coinbase IPO | Ethereum Jobs

*Author: David Hoffman, Ryan Sean Adams*
*Published: Feb 26, 2021*
*Source: https://www.bankless.com/es/-rollup-big-dip-nft-culture-coinbase*

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### Market
- [BTC Price](https://messari.io/chart): $50,000 - Dip after breaking $58k
- [ETH Price](https://messari.io/chart): Broke $2k! Hanging in mid-$1600s following Dip
- [TVL in DeFi](https://defipulse.com/): Peaked at $43B - Now at $35B
- [$DPI](https://messari.io/asset/defipulse-index): $370
- [DPI/ETH Daily Chart](https://www.tradingview.com/symbols/DPIWETH/?exchange=UNISWAP)
- [Biggest Day Ever for DEX Volume](https://twitter.com/duneanalytics/status/1364473902177677313?s=21)
- [DeFi Pulse Releases New Cryptodollars Page](https://twitter.com/defipulse/status/1364310453959200780?s=20)
- [Retail Isn’t Here Yet](https://twitter.com/lawmaster/status/1364941277129768964?s=20)

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### Releases
- [Optimism Hires & March Mainnet](https://twitter.com/optimismPBC/status/1364705156705579009)
- [Andreessen Horowitz on Optimistic Rollups](https://a16z.com/2021/02/24/investing-in-optimism/)
- [Dydx Layer 2 w/ ZK-Rollup](https://dydx.exchange/blog/alpha)
- [Chainlink Saving Massively on Gas](https://decrypt.co/59244/chainlinks-latest-upgrade-a-rapid-evolution-for-defi-ceo-sergey-nazarov)
- [Balancer Aave Partnership](https://medium.com/balancer-protocol/balancer-partners-with-aave-to-build-the-first-v2-asset-manager-d9c173330151)
- [Zapper NFT Dashboard](https://twitter.com/DeFi_Dad/status/1364308685753843726?s=20)
- [Alchemix](https://twitter.com/AlchemixFi/status/1363658484303097858)
- [Tim Beiko Proposal for EIP1559 Inclusion in London ETH 1 Hard Fork](https://github.com/ethereum/pm/issues/254)

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### News
- [Fedwire Goes Down](https://www.cnbc.com/2021/02/24/the-feds-system-that-allows-banks-to-send-money-back-and-forth-is-down.html)
- [Coinbase Files To Go Public](https://twitter.com/lawmaster/status/1364918649425973249?s=20)
- [Nyan Cat NFT sells for 300ETH](https://foundation.app/NyanCat/nyan-cat-219)
- [Alpha / Cream Repaying Funds](https://blog.alphafinance.io/joint-announcement-on-funds-repayment/)
- [South Korea Bans Privacy Coins from Crypto Banks](https://news.bitcoin.com/south-korean-financial-regulator-confirms-privacy-coin-delistings-adds-new-guidelines-to-report-unusual-transactions)
- [Square Buys $170mm BTC](https://twitter.com/DeItaone/status/1364319316750061570)
- [MicroStrategy Buys $1.026B BTC](https://www.coindesk.com/microstrategy-buys-billion-dollars-bitcoin)
- [Tether & Bitfinex New York Settlement - $18.5mm](https://www.theblockcrypto.com/post/95207/bitfinex-tether-new-york-ag-settlement-lawsuit)
- [Brave Wallet + DEX Aggregator - Doubling down](https://twitter.com/brave/status/1364296807614930948?s=20)
- [SoRare Professional Soccer (football) NFT Platform](https://sorare.com/)

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### Takes
- [Michael Burry (Big Short) On Inflation](https://markets.businessinsider.com/currencies/news/big-short-michael-burry-warns-inflation-bitcoin-gold-hedge-risk-2021-2-1030102452)
- [NFT Inflection Point](https://twitter.com/jbrukh/status/1364785907379941377?s=20)
- [Emotional Robbery by Web2 platforms](https://twitter.com/TrustlessState/status/1364786359932575745?s=20)
- [Current Prices are the Bottom of next Bear Cycle](https://twitter.com/cburniske/status/1363189837675646977?s=20)
- [Ethereum the Employer](https://twitter.com/TrustlessState/status/1364603328601022467?s=20)
- [Ryan's Jaded About Delegated POS](https://twitter.com/ryansadams/status/1364789743054159876?s=21)

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## MEME OF THE WEEK

#### • L2 Implementers Assemble

> [](https://twitter.com/Crypt0xWife/status/1364044469323128833)

#### • I am Groot

> [](https://twitter.com/Crypt0xWife/status/1363325351724806145)