Joining us this week is Anthony Sassano! We'll explore whether the current price downturn signals the end of the bull market or just a minor hiccup in the cycle, analyze the Fed’s latest rate cuts, and assess institutional adoption trends keeping crypto’s momentum alive. Big L2 developments are making waves: Kraken’s Ink chain hits mainnet early, Deutsche Bank ventures into zkEVMs, and ENS selects Linea for scaling its Namechain. Meanwhile, Pudgy Penguins launch the PENGU token, sparking controversy and volatility. Plus, fresh insights from the 2024 Crypto Developer Report and a closer look at the Aave vs. Polygon drama. Stick around for Anthony’s On-Chain Spotify Wrapped and tips on spotting market tops! ------ 00:00:00 Start Introduction and overview of this week’s episode. www.cnbc.com/2024/12/18/fed-meeting-live-updates-traders-await-december-interest-rate-cut.html x.com/Matt_Hougan/status/1869627735267840135 00:02:45 Market Market trends, including FOMC meeting insights and BTC/ETH price updates. www.cnbc.com/2024/12/18/fed-meeting-live-updates-traders-await-december-interest-rate-cut.html x.com/Matt_Hougan/status/1869627735267840135 00:09:10 Where Are We In This Cycle Analysis of where we are in the crypto market cycle based on Grayscale’s report. www.grayscale.com/research/reports/the-state-of-the-crypto-cycle 00:12:01 ETF Flows How ETF inflows and institutional adoption are shaping the market. farside.co.uk/?p=1518 farside.co.uk/btc 00:16:06 Mover Of The Week… Fartcoin? Exploration of Fartcoin, its community, and market dynamics. www.coingecko.com/en/coins/fartcoin www.infinitebackrooms.com/dreams/conversation-1721540624-scenario-terminal-of-truths-txt 00:23:54 Developers, Developers, Developers Key takeaways from the 2024 Crypto Developer Report and ecosystem comparisons. www.developerreport.com/developer-report x.com/MariaShen/status/1867295574242078980 x.com/MariaShen/status/1851702783319126277 x.com/RyanSAdams/status/1867324885732671778 00:32:01 Kraken Ink Chain Live Kraken’s Ink Chain launch details and implications for DeFi. x.com/inkonchain/status/1869417386761470219 inkonchain.com/dashboard 00:35:41 Deutsche Bank Announces zk L2 Deutsche Bank’s zk L2 plans, regulatory considerations, and potential impact. thedefiant.io/news/tradfi-and-fintech/deutsche-bank-s-1-5-trillion-project-dama-2-develops-ethereum-l2-zksync-38f6221f 00:38:38 Caroline Crenshaw Vote Update on the SEC commissioner nomination and lobbying efforts. x.com/BrendanPedersen/status/1869055922238279940 x.com/standwithcrypto/status/1869151080300548383 www.citizen.org/article/support-comm-crenshaw/ financialservices.house.gov/news/documentsingle.aspx?DocumentID=409421 x.com/EleanorTerrett/status/1867301980890165398 00:42:14 Aave vs Polygon Governance drama between Aave and Polygon over risk management proposals. governance.aave.com/t/arfc-adjust-risk-parameters-for-aave-v2-and-v3-on-polygon/20211 x.com/DefiIgnas/status/1868612366822461817 x.com/sandeepnailwal/status/1869153510756909475 x.com/stanikulechov/status/1869182600008679563 00:49:06 Pudgy Penguins Launched Their PENGU Token PENGU token airdrop details and its effect on the Pudgy Penguins ecosystem. x.com/LucaNetz/status/1869005071624904959 x.com/suji_yan/status/1868682237488894422 claim.pudgypenguins.com/ www.coingecko.com/en/coins/pudgy-penguins-pengu nftpricefloor.com/ 00:53:15 Ethena Launched Its New Stablecoin Details on Ethena’s USDtb stablecoin launch and partnership announcements. x.com/ethena_labs/status/1868657723799470361 x.com/ZeMariaMacedo/status/1868673718911713602 x.com/ethena_labs/status/1869413534125510677 00:55:35 Bankless Wrapped Just Launched! Bankless Wrapped 2024 tool: See your year in crypto transactions. bankless.com/wrapped 00:59:37 How to Recognize Bull Market Tops? Key indicators for identifying bull market peaks. imgur.com/a/Vaw3TSW 01:05:42 Check Out The Daily Gwei Shoutout to The Daily Gwei for Ethereum-focused insights and updates. ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures⁠