DeFi & DAO Updates 📰🚀 #59: January 7th

1 TRILLION Market Cap!!!11!

BIG NEWS: The 492-page BLOCKLAND book by Elias (author of this newsletter) is officially published. Get yours today at Cryptonumist.com or on Amazon!

 100% roller-coaster ride, Blockland succeeds amazingly in both mythologizing and explaining the current state of the cryptocurrency industry. This is the cryptocurrency book for people who are too cool to read cryptocurrency books. 

- Cointelegraph

📺 News & Articles

• The Cryptocurrency Market Is Now Worth More Than $1 Trillion

• Here’s why stablecoins like USDC going ‘legal’ is bullish for DeFi

• This Week in DeFi

• 15 DeFi projects that could launch their token in 2021

• Ten DeFi Protocols Rumored for Token Airdrops

• Ethereum & Bitcoin Locked in DeFi Plunge; ETH Staked Rises

• What Is Going To Happen In 2021

• Total Value Locked in DeFi Projects Crosses $20 Billion Benchmark

• DeFi Hits Historic $17.5 Billion Locked, But ETH Is Still Flowing Out

• Reef and Avalanche Partner to Usher in DeFi Mainstream Adoption amidst Ethereum's Lag and High fees'

• DeFi 'Genie Is Out' and Is Set For Growth in 2021

• Hedge Fund Buys $1 Billion Bitcoin

• Holdefi sets a new cornerstone in DeFi lending market

🤹Tweets of the Week

Hasu @hasufl

Asking why we need a second cryptocurrency is like asking why we need moscitoes or any other "useless" lifeform on Earth. They don't need to serve a purpose in your Grand Design. Nature's only criterion is can it survive. And only that.

Tyler Reynolds @tbr90

Finding the hot new project is hard. My favorite accounts to follow to discover new DeFi projects are (alphabetically): @Darrenlautf @DegenSpartan @Delphi_Digital/@Shaughnessy119 @fomosaurus @krugman25 @redphonecrypto @Rewkang @scupytrooples

Ryan Zurrer @rzurrer

I have this strange feeling that the world isn't going to just let some crypto nerds become lord overtures of the planet & dominate wealth/assets. Above a trillion we'll stop being "under the radar". I suspect we may regret what that means in the end. Be smart & diversify.

0xB1AdceddB2941033a090dD166a462fe1c2029484 @0x_b1

0/ Predictions for 2021: (This is not investment advice, or any other type of advice. DYOR)

✨ Market Commentary & Paper Trading

The market just passed 1 trillion dollars. We are taking a small break from trading this week to breath.

Remember: get enough sleep, avoid eye strain, stay grounded. Maybe even cash out a little.

If you have suggestions for next week’s picks, DM or Tweet us at @Token_Valley

🤖🤣On the lighter side..