# ROLLUP: 5th Week of December

*Author: Ryan Sean Adams*
*Published: Dec 31, 2020*
*Source: https://www.bankless.com/fr/rollup-5th-week-of-december*

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## Market
- **BTC Price**: almost 29k

- **ETH Price**: Just hit 750, 50% away from ATH price

- Blow off tops coming??

We are very far away from the 20 week MA!

- **TVL in DeFi**: Up from 14B to 14.4B

- **DPI**: Up from $108 to $117

- **Eth2: **2.2M ETH in ETH 2, $1.65B

- [Futures value Coinbase at $50B](https://ftx.com/trade/CBSE/USD)

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## Releases
- [1INCH token released](https://1inch-exchange.medium.com/1inch-token-is-released-e69ad69cf3ee)
- [Haseeb’s take on Stablecoins](https://medium.com/dragonfly-research/fighting-to-be-stable-the-evolution-of-stablecoins-aca81fb432f9)
- [DeFi events of the year graphic](https://www.theblockcrypto.com/linked/89271/here-are-some-of-the-biggest-defi-events-in-2020)
- [Opyn V2](https://medium.com/opyn/opyn-v2-is-live-11347240b46e)
- [YAM rebasing DISABLED](https://twitter.com/YamFinance/status/1343966274095902720)
- [YAM released Degenerative Finance on UMA](https://medium.com/yam-finance/degenerative-finance-ugas-explained-458bedbc2f17)
- [Primitive is Live on Mainnet](https://primitivefinance.medium.com/primitive-is-live-on-mainnet-2261c5b098c5)

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## News
- [New SEC Chairman appointed](https://u.today/breaking-new-pro-crypto-sec-chairman-appointed): Elad Roisman 

“Known as one of the most crypto-friendly SEC commissioners. A vocal supporter!

- The fact that Roisman is at the helm of the SEC also significantly boosts the chances of a Bitcoin-tied exchange-traded fund (ETF) being approved in the coming years. 

- [Mnuchin wants onchain KYC](https://twitter.com/jchervinsky/status/1341864829171228676?s=20) for all ETH wallets that have stablecoins in them

- [Comment window period open on the FinCEN proposal to extend KYC to non-custodial wallets](https://twitter.com/jchervinsky/status/1341847200209530883?s=20)

- [Coinbase Delists XRP](https://www.youtube.com/redirect?q=https%3A%2F%2Ftwitter.com%2Fcoinbase%2Fstatus%2F1343685626001039360%3Fs%3D20&event=video_description&v=ur5wNDMuyy4&redir_token=QUFFLUhqazM2MHVIMElpUWV5SXp1cnNuZW9vMlZEd25Vd3xBQ3Jtc0tsRThoaFl4NkZMdnZCaUlyT19fTjBwNTlIS3hISnVOb2pLSVJxNnhrU1J5dURPVHlUSjlhQXhpYThXdjR5Q20ySm5MOWlkeDYzeklTM2VFM1B3UVRvR0tBdVhvR2dxN21Nb3VuSXdEb19KY3lCQS1vWQ%3D%3D)

- [Also Binance US](https://twitter.com/binanceus/status/1344372892205608961?s=21)

- [Also Bittrex](https://twitter.com/BittrexExchange/status/1344056304617177089)

- [Also trading desk](https://www.theblockcrypto.com/linked/89083/jump-trading-galaxy-xrp-market-making)

- [Cover Protocol Exploit](https://coverprotocol.medium.com/12-28-post-mortem-34c5f9f718d4)

[Etherscan Tx](https://etherscan.io/tx/0xc2fd5094c1e108f83222a86bd46b35fc0da35616385d681964b22003643f982e)

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## Takes
- [Uniswap means you can't be delisted (sorry XRP)](https://twitter.com/RyanSAdams/status/1343740028766347265?s=20)
- [Predictions for Ethereum in 2021](https://twitter.com/iamDCinvestor/status/1344138701757153281?s=20)
- [Ethereum is the TAM](https://twitter.com/panekkkk/status/1343269535919562753?s=20)
- [Ethereum doesn’t marginalize](https://twitter.com/evabeylin/status/1341793825962958848?s=20)
- [Degens are funding Open Source](https://www.coindesk.com/defi-degens-funding-next-wave-open-source)
- [Ethereum is the last bastion for Yield](https://twitter.com/TrustlessState/status/1344378165414617088?s=20)