ROLLUP: BTC ETF Race Heats Up, zkSync drops the ZK Stack, OP going ZK?

Oh my god, they're large.

4.2 trillion trillion with a T, okay?

And BlackRock is double that size.

Oh my god.

It's like between them. They got all the assets. All the money. But what does this do for our bags? That's the big question here.

Bankless Nation, it is the last Friday of June 2023, and it's time for something special. Something we release every single Friday. David, what time is it?

Oh, it's time for the Friday Bankless Weekly Roll-Up, Ryan, where we covered the entire weekly news in crypto, which is always an ambitious endeavor, yet we persevere, nonetheless. Fully caffeinated, uh, I had a coffee. I also had tea this morning, actually, as well. I had both.

Well, good for you. And I got to enjoy some of your coffee in your apartment where you live in person for all the haters, for all the doubters out there. David, can you confirm for the people that Ryan Sean Adams is a physical, real human being?

I get he you do have matter. There are there are atoms. I'm still there's still like room for you being an AI. But yes, uh, Ryan and I were actually hanging out in person doing some co working uh in the bankless offices uh this last week, which was uh pretty interesting. The Bankless Nation is gonna see some uh some side by side, same camera, same microphone podcast coming out on the YouTube.

Man, very very, very rare stuff. We should uh put them as NFTs. They should be collectibles. Uh, but that's not all. We got some big topics of the week. Number one, Bitcoin hits a new all time high. Wait, what? Did you write that?

Yeah.

It didn't hit all-time high. What do we mean?

Tech technically. Technically, it did. It technically

Okay. Okay. You'll have to explain that one to me. What else we got?

staking also hits a new all-time high and formally passes supply on exchanges. We're gonna get into the details around that. The Bitcoin ETF race turns up like two notches. It's getting real, really hot. Uh ZK Sync drops the ZK stack, and there's a new airdrop targeting e-stakers. So check out your eligibility.

Me, David. You need staking.

You getting your tokens?

I hope so. I can't wait for you to tell me what they are. How to do that.

Um, we also have something really cool that we want to share. This is more more than friends and sponsors, all right? This is a group, this is a conference that David and I support. This is a bankless plus blockworks conference. It's called Permissionless. This is the only conference I go to every single year. That that'll be this will be the next time you and I meet, I think, David. Um, tell us what is going on at Permissionless. What are the dates? Who's speaking? Why should banless listeners be excited about this?

I've been heads down working with the uh Blockwork team to to finalize this agenda, and man, it is it's really coming together. Uh okay, so permissionless September 13 11th through 13th in Austin, Texas. While everyone is paper handing the absolute F out of the United States, permissionless is going to Texas. Uh so we got Eric Voorhees, we got representative.

Is this even legal?

We are allowed. Crypto people are allowed to assemble. And so we are fulfilling our patriotic duty by assembling in Texas. We have Tom Emmer and Hester Peirce on a panel together. That's going to be pretty sick. Hazu is coming in, Kevin O'Walkie, Melton Demir's, Jim Bianco. It's going to be one half of a reunion of every single Bankless Podcast episode and one half of a reunion of every single Blockworks podcast episode. I'm pretty pretty stoked for this. We have we're putting Solana, Cosmos, and Ethereum people all on a panel together to talk about, you know, differences.

Coming together?

And also fighting. Uh Mihalo from Polygon, Ben Jones from Optimism, Van Spencer from Framework, Torgle from Scroll. So all the layer twos, everyone who is fighting as a family, uh will all be there at Permissionless. Look at this lineup, dude. Anatoly, uh Raj, uh Santiago, Jesse Pollocks, Donnie, uh, Michael Anderson, Tarun, Lee Jin, Jim Bianco. I already said his name, but he's worth saying it twice. Man, there's there's it's it's quite the lineup. It's quite the lineup.

Uh very exciting. So what should folks do if they want to get a ticket, David?

Oh, if you are a bankless citizen, you should definitely use your code to get 30% off. You can find that code in the Discord or in the Bankless perks page. There's also a hackathon this year. So first time we're doing this hackathon this year for uh and there's also a dev track as well, because we're really expanding the F out of permission list this year. So link in the show notes to get your ticket. Uh if you subscribe to Bankless, you get 30% off, which is more than pays for your ticket. So that's the what the rational economic agent would do there.

Hmm. Do we have any of those?

I don't know if I don't know if we'll find out with any of those.

No, I have faith in the bankless nation. Uh David, let's get to markets though. What's Bitcoin doing? You told me this was all-time high. I feel tricked.

Yeah, it's not in dollars, but it is an all time high. It is at an all time high.

Okay. Well what price are we at this week?

Bitcoin started the week at $30,000, ending the week at $30,500. You know, nice, nice and healthy. Three three zero. You really gotta appreciate that. Three zero. America.

Okay, I I'm feeling great.

Yeah, above thirty K is I'm just feeling just fine. I'm happy with that.

Uh of course we were watching this on the Kraken Charts play out. Kraken Pro. Easy enough for me to use it. How about Ether this week? We up, we down?

Uh down a little bit. Ether started the week at 1885, ending the week at 1850, down a percent and a half. So Bitcoin up a percent, and Ether down a percent and a half.

Hanging out in the 1800s, huh?

Yeah, yeah,

The Victorian age.

yeah.

Uh Civil War era, 1850s, 1860s, you know.

I don't know.

I d I every time every time Ether goes through the 1900s, I'm like, oh, my birthday.

Birthday year.

Um, all right. Let's do Bitcoin ETH on the ratio.

We don't have to do that one. We

No?

can't it's down. It's point zero

Can't

where you want to skip it are the weeks that are they're more

Oh that is a dip down that goes down into the right. Yeah, it's definitely

Hey, I'm scrolling out. It's still down.

Yeah, it still goes down.

When does it all has it gone ever gone up?

Yes, it has gone up.

How about on the year? Let's scroll at least to there. Okay. I'm gonna get a

So it it's between 0.06 and like 0.08.

But yes, definitely definitely on the lower side of the ratio.

Bitcoin gaming some gaining some steam this week. Maybe that's why you you you told me it was uh at an all time high, and we'll find out more about that, I think. Uh but before we get there, total crypto market cap. Is that looking at on the week?

Uh we are coming in at 1.2 trillion dollars. So healthy.