# ROLLUP: ETH hits ATHs |  Blackrock buying BTC | SouljaBoy looking into NFTs

*Author: David Hoffman*
*Published: Jan 22, 2021*
*Source: https://www.bankless.com/rollup-eth-hits-aths-blackrock-buying*

---

#### ** **Market
- [BTC Price](https://messari.io/chart): $31,500

- [ETH Price](https://messari.io/chart): $1440

- $DPI: NEW ATH!!

Now at $195

- Peaked at $240

- [TVL in DeFi](https://defipulse.com/): Peaked at $25B locked!

- [BTC secret to success = HODL for at least 3.5 years](https://blockworks.co/pantera-follow-up-this-rally-looks-different-than-2017/)

- [Just HODL](https://thedefiant.io/btc-eth-massively-outperform-crypto-hedge-funds-in-2020/)

Just self custody. 

- 2 and 20% fees for holding BTC up 425% and ETH up 360%

- [ETH Fundamentals thread from Spencer](https://twitter.com/spencernoon/status/1351559233699983366?s=20)
- [Fundstrat says 10k ETH](https://www.bloomberg.com/news/articles/2021-01-20/fundstrat-sees-digital-coin-ether-surging-sevenfold-to-10-500)

---

## Releases
- [mStable releases mUSD Save v2](https://medium.com/mstable/mstable-launches-new-composable-version-of-musd-save-982a814e17d0)—new high-yield savings
- [Saddle Finance](https://www.coindesk.com/saddle-raises-4-3m-for-slippage-free-defi-trading)
- [Loopring on Google Play](https://twitter.com/loopringorg/status/1351971724842184704?s=21)
- [State of ETH 2, Danny Ryan](https://twitter.com/dannyryan/status/1351930308770185217)
- [Optimism soft launch!](https://medium.com/ethereum-optimism/mainnet-soft-launch-7cacc0143cd5)
- [Coinbase compartmentalizing infrastructure to help reduce outages](https://www.coindesk.com/coinbase-redoing-infrastructure-to-prevent-outages-during-peak-times)
- [Yearn proposes 22% YFI mint](https://www.coindesk.com/lets-not-be-bitcoin-yearn-considers-minting-200m-in-new-yfi-tokens) (*[proposal discussions](https://gov.yearn.finance/t/proposal-funding-yearns-future/9319))*
- [Bankless Reply to Lyn Alden](https://bankless.ghost.io/open-reply-to-lyn-alden-and-ethereum/)

---

## News
- [Goldman Sachs entering crypto with a custody play](https://www.coindesk.com/goldman-sachs-to-enter-crypto-market-soon-with-custody-play-source)

- [Blackrock positioning to buy BTC via futures?](https://www.theblockcrypto.com/linked/91867/blackrock-sec-filings-bitcoin-futures)

*Massive news. BlackRock—the multi-trillion dollar asset manager—opens door to possible bitcoin futures allocation for certain funds it manages, according to recent filing.*

- [Money Printer go BRRR](https://www.cnbc.com/2021/01/18/yellen-says-us-must-act-big-on-next-coronavirus-relief-package.html)

MMT is officially in

- [Also Yellen Crypto is for terrorist financing](https://www.coindesk.com/janet-yellen-says-cryptocurrencies-are-a-concern-in-terrorist-financing)

- [Mike Dudas response to Yellen](https://twitter.com/mdudas/status/1351596351897874432?s=20)
- [Coinbase acquires Bison Trails](https://blog.coinbase.com/coinbase-to-acquire-leading-blockchain-infrastructure-platform-bison-trails-f879654421d6)
- [Soulja Boy looking into NFTs](https://twitter.com/souljaboy/status/1351690439905013760?s=20)
- [PAX Gold - first Gold token over $100M MC](https://www.paxos.com/pax-gold-the-first-gold-token-with-more-than-100-million-in-market-cap/)
- [Pornhub payments via some random crypto tokens and USDC](https://www.theblockcrypto.com/linked/91817/pornhub-adds-xrp-bnb-usdc-doge-crypto-payment-options)

---

## Takes
- [Ethereum is a bet that the future is going to be different](https://twitter.com/trustlessstate/status/1351726365620355076?s=21)
- [DeFi developers are now called Money Mechanics](https://twitter.com/ETHGlobal/status/1349053987874615303?s=20)
- [Valuing ETH is impossible](https://twitter.com/spencernoon/status/1351635677847445505?s=20)
- [Year in Ethereum 2020 from Josh Stark and Evan Van Ness](https://twitter.com/0xstark/status/1351922041599873026?s=20)
- [Uniswap is doing 2% of NYSE as the new normal](https://twitter.com/haydenzadams/status/1351646322173091840?s=20)
- [Have we earned it?](https://twitter.com/n2ckchong/status/1350328538646212608?s=20)