Weekly Crypto Newsletter 12.6.20 ⚡️

Enjoy industry highlights for the week.

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Content Summary

CRO Makes A Comeback [1:26]

Massive Compounding Effect [5:41]

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XRP Pumpamentals [1:29]

Yearn + Sushi [4:27]

CeFi Update [7:11]

Token of the Week [10:37]

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Another Expansionary Cycle [1:21]

New Geyser Incentives [3:54]

My Tentative Plan [7:56]

Notable Tweets

Larry⚡larrypc.eth @Larrypcdotcom

Current @HegicOptions LPers: don't forget you can check your yield & rHEGIC income using this tool (created by me) 👇 larrypcdotcom.github.io/hegic-yield-es… Enter Eth address ➡️ hit submit ➡️ bookmark the page

farmermacklemore666 @farmermacklemor

$HEGIC ETH/WBTC LP yielding 160-180% right now before moderate IL and assuming hegic price for numerator, not rhegic, because we're patient farmers. rhegic fully vests into hegic in seven months or so. Hegic trading at $642m fd marketcap.

Andrew Kang @Rewkang

S&P Dow Jones Indices to launch crypto indexes

reuters.comS&P Dow Jones Indices to launch cryptocurrency indexes in 2021S&P Dow Jones Indices, a division of financial data provider S&P Global Inc, said on Thursday that it will launch cryptocurrency indices in 2021, making it the latest major finance company to enter the nascent asset class.

The Block @TheBlock__

BREAKING: A group of U.S. Representatives has unveiled a new piece of stablecoin-focused legislation called the Stablecoin Tethering and Bank Licensing Enforcement (STABLE) Act. Press release here:

tlaib.house.govTlaib, García and Lynch Introduce Legislation Protecting Consumers from Cryptocurrency-Related Financial ThreatsWASHINGTON—This week, Congresswoman Rashida Tlaib (MI-13), along with Congressmen Jesús “Chuy” García (IL-04) and Chairman of Task Force on Financial Technology Rep. Stephen Lynch (MA-08), introduced the Stablecoin Tethering and Bank Licensing Enforcement (STABLE) Act, which would protect consumers …

Andre Cronje @AndreCronjeTech

🇸🇰Rasto #NEXO 2$ eoy 🚀 @rasto1973

Mooooon🚀🚀🚀 @NexoFinance without: 1. Nexo360 Exchange 2. Nexo Credit Card 3. Referral Program 4. BuyBack Program 5. New dividend schedule 6. NEXO API integration 7. Bank License And @AntoniNexo never shilling #Nexo nexo.io 👍👍👍

Debaseonomics @debaseonomics

Debase: Let's make a CHAD decentralized, governable stable coin that maximizes regulatory arbitrage with an auditor mediated fair-launch token distribution. Smol Virgin: aNoN teAm? cAn tEam sEnd uR HomE aDdrESs sO I tRust mY mOnIEz with $DEBASE?? Stop.

CoinDesk @CoinDesk

NEW: @RepRashida, @RepStephenLynch and @RepChuyGarcia have introduced a bill that would require stablecoin issuers to secure bank charters and either obtain FDIC insurance or maintain full reserves to operate in the U.S. @nikhileshde reports https://t.co/8Tru9w6Mms

찌 G 跻 じ ⚡️ 🔑 @DegenSpartan

i was told that this was the future of finance

zender 🟨⬛ Taproot by BIP8 @zndtoshi

"If you call it shitcoins, I wanna know about it because I know there's opportunity because you're being dumb (..) because you've got a closed mind." @RaoulGMI

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