Share this article

Art Haus Ethereum Meets Bitcoin Financialization

NLW discusses two ends of the crypto spectrum: the emergence of bitcoin derivatives as a key 2019 trend vs. a new bonding-curve powered fashion DAO

Updated Sep 13, 2021, 11:52 a.m. Published Dec 20, 2019, 8:00 p.m.
12.20-LONG

One of the most important (yet somehow quiet) narratives of 2019 has been the financialization of bitcoin and the emergence of a robust market for derivative products. That was reinforced today as Binance announced a significant investment in derivatives exchange FTX.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

How will key events coming up in 2020 like the bitcoin halving be impacted by the presence of derivatives? One of the most important (yet somehow quiet) narratives of 2019 has been the financialization of bitcoin and the emergence of a robust market for derivative products.

At the same time, not all crypto projects are trying to change money. Some, like the Saint Fame DAO, a fashion house-slash-human coordination experiment, are simply trying to do interesting things that people think are cool.

Show notes and links for December 20th, 2019

More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

Boring Bitcoin's Green Light Moment Incoming?

Crystal ball. (GimpWorkshop/Pixabay)

BTC continues to bore traders with its directionless price action. But some indicators are pointing to renewed bullishness.

What to know:

  • The Federal Reserve's recent rate cut did not significantly impact bitcoin's price, which remains directionless.
  • Bitcoin's MACD histogram signals potential bullish momentum, while the dollar index's points bearish.
  • The ETF flows continue to disappoint.