ROLLUP: Bitcoin NFTs | Canto | FOMC Interest Rates | Blur OpenSea Royalties

Uh, Bitcoin gets NFTs, but the community wants to censor it.

Bankless Nation, it is the first Friday of February. It is time for the what, David.

The Friday weekly roll-up where we cover the entire weekly news in crypto, which is always an ambitious endeavor, yet we persevere nonetheless. Ryan, I've drank about two times the amount of coffee that I usually do, so that is a fair warning to the bankless listeners out there. Your boy is caffeinated.

Yeah, I could tell. I could tell from some of your Twitter activity. I had to like literally pull you away in order to do this show. Uh slow down there, my boy. All right. We got

uh this this month though, for you, you're doing a lot of travel, right? You got some conferences coming up? I called it the conference month, but you're like, uh, it's not conference month. I'm like, two conferences, man. That's a lot. Well, that would be like two years worth of conferences.

They bookend the month. So tomorrow I leave for Tel Aviv to go to the Starkware sessions. I'm very excited for that. And then at the end of the month

Israel.

In Israel. Yeah. Uh-huh. Are you back?

Ready for those big brains? I mean you are a big brain in your in your element, but this is like

It's a different yeah, that's cryptography, big brain, and no, I'm not ready for that. Like uh account abstraction, ZK roll ups, like the it really stretches what I my brain is able to comprehend. Uh we'll see if I come back broken or or not. We'll see.

or full of new ideas.

Yeah, hopefully the latter, but you know, we'll we'll

That and then what else? Deadver?

uh Eath Denver at the end of the month, which uh is where uh bankless, the bankless nation is gonna have its first ever in real life meetup, which we will talk about later in the show.

That's awesome. Alright, so what are we gonna get into this week, David?

First, we're gonna talk about the markets, Ryan, because the markets are hot. Token appetite is absolutely in. We're gonna talk about the layer two tokens that are up. We're gonna talk about the layer two app tokens that are up and some other layer ones as well. So that's coming in first. Uh

Caffeinated and bullish. It's the best combination. It's the best combination. Uh after this, the FTX story continues. Uh, we're gonna find out who exactly is paying for SBF's legal fees. Uh, and also SBF trying to engage in witness tampering? Seriously? Uh we'll talk about that. And also, third, uh, but also so much more after this, uh, Bitcoin has NFTs.

Oh cool.

Yeah, did you hear about this?

Yeah, I heard about this. Um so I'm sure everyone in the Bitcoin community is super excited about

Not only NFTs on Bitcoin, Ryan, but uh right before we were recording, uh I was actually playing Doom on Bitcoin. You know Doom? Yeah. Doom.

I I

I could uh I could play that in my uh TI eighty three calculator. Oh uh yeah similar to the Doom app.

I'm not saying, by the way, that Bitcoin is a calculator and Ethereum is like more like a smartphone. I'm not s drawing that analogy at all, but uh that's pretty cool. Doom on Bitcoin.

I will absolutely draw that analogy. Bitcoin is at least as powerful as a T84 calculator. So that and like so much more is going to come in this weekly roll-up. So make sure that you like and subscribe, rate and review wherever you are. These YouTube uh these YouTube videos come out every Friday and podcasts as well. Uh so make sure that you're subscribed so you don't miss a weekly roll up.

Oh only rate it though if you're given a five star.

Yes.

It's not just

Don't get it. Don't get it.

Yeah, five stars only. I think our race rating is like four point nine. So if you give us a four star, you're actually bringing us down. Don't do that.

Oh well. A bunch of haters just like this uh one started. It's gonna be four point.

Tomorrow next week.

Sorry about that, guys. Alright, David. Let's get to the good stuff. Caffeinated and bullish. You told us about the caffeine. Now tell us about the bullishness. What is Bitcoin doing on the week?

Bitcoin starting the week at 22,750. And it is now up 5% to 23,880, at least at the time of recording. Actually, no, it's at 24,000 because my numbers are already out of date. So 6%? 6%?

Four K.

24%.

Uh that feels good. I'm happy about that.

How about ETH price?

ETHPRI starting the week at 1566. Ending the week. Oh, we are just oh, we just broke 1700. Oh, that's great. Hey,

1700. Yeah.

When was the last time we hit seventeen hundred?

By the way, uh

I'm zooming out. Look at this chart charting on Kraken Pro.

Wow. Yeah.

Uh gotta thank Kraken.

The Kraken Pro UX is awesome. I've been tinkering around. So you have Bitcoin US dollars, you have Ether US dollars, you have also the BTC ratio. Those are actually modular and you can drag them around and have multiple window views in the same screen. I mean, I'm not sure if you'll be able to, Ryan, because I'm you're not a charter, but so other people would be able to figure this out.

Normal people can.

Normal people can figure this out. It's not Ryan.

Not Ryan though.

Well, this is great, man. Uh we're we're up and we're doing well. I mean, this has been a killer month. Where did we start at the beginning of uh January?

Oh God, it was bad. Something like twelve hundred.

1200?

Twelve hundred, yeah, twelve hundred at the start of the month. We are at $1,703 at the time of recording. Breaking that

Added 500 ETH in the month of January and the f

$300 to ETH, yeah. Uh-huh. That $1,700 number is definitely some strong resistance. We are just poking through it at the time of 1 40 p.m. Eastern time on Thursday the second. Uh, if we can poke through this resistance and hold that, that is a big deal. That's a big deal. 1700 resistance is hard. Um

to 4500K?

4500, I mean?

4,500 K would be a large number. Yes. Well, no, so like we have to actually break through it and then sustain it. Like we could hit the ceiling and bounce back down, and that's also a possibility. But the fact that we are have our eyes above 1700 is pretty damn good. Uh it was up seven percent when we were at the price of 1677, but now we're at 1702. So what is that, eight or nine percent? Yeah.

I mean, people getting bullish again, and the question is bear market dead is is the question. But I gotta pause and say uh feels like it's been way too easy.

It has.