🎧 New Podcast Episode: Latest Market Forecast: A Cycle Top in Q1 2022? & This Week in Crypto

https://anchor.fm/coinstack/episodes/Latest-Market-Forecast-A-Cycle-Top-in-Q1-2022---This-Week-in-Crypto-e1a4f70

This week Coinstack's founder Ryan Allis shares his Latest Crypto Market Forecast and we summarize the most important crypto news, stats, and reports from the last week.

🎧 New Podcast Episode: Fantom Deep Dive: The Supercharged Ethereum

https://anchor.fm/coinstack/episodes/Fantom-Deep-Dive-The-Supercharged-Ethereum-e1a4i7h

This week we take a deep dive into Fantom, the fastest growing blockchain in DeFi over the last two months showing a 350% increase in Market Cap and 578% growth in TVL.

ENS is the Ethereum Naming Service which allows you to rent a .eth name (Ex. coinstack.eth) and use that in place of your wallet address.

YTD 9,721 ETH has been spent registering ENS names, and 2,743 ETH has been spent renewing them.

https://www.niftytable.com/archive/ens/

Polkadot now has $2.5B in TVL for Parachain Auctions 🥳

https://dotmarketcap.com/auction/polkadot

Ecoinometrics latest research showing ETH’s price movements continuing to have a correlation above 50% with BTC

Barbados to establish a virtual embassy within Decentraland

This will allow them to legally declare their digital real estate as sovereign land.

https://cryptoslate.com/barbados-to-establish-a-virtual-embassy-within-ethereum-dapp-decentraland/

Fidelity Clearing Canada ULC (FCC) has become Canada’s first regulated entity to offer bitcoin custody and trading services for institutional investors.

https://www.coindesk.com/business/2021/11/17/fidelity-launches-canadas-first-institutional-bitcoin-custody-service/

🗞️ The Coinstack Weekly Newsletter is Out...

Celo: The 4th Fastest Growing DeFi Blockchain
A deep dive into Celo, the fast growing DeFi blockchain on a mission to provide financial services to the world. Now growing faster than all major L1s other than Avalanche, Fantom, and Solana.

https://coinstack.substack.com/p/celo-the-4th-fastest-growing-defi

In This Week’s Issue:

1. Celo Deep Dive: The 4th Fastest Growing DeFi Blockchain By Mike Gavela & Ryan Allis
2. This Week in Crypto…
🗞️ Top Weekly News
💵 Weekly Fundraises
📊 Key Stats
📝 Report Highlights
🎧 Best Podcasts
📈 Top 10 Performers
3. Coinstack Podcast Episodes
4. Top 30: A Good Long-Term Crypto Portfolio
5. Join Our Telegram Group
6. Who We’re Following Closely on Crypto Twitter
7. How to Get Started in Crypto Learning

🎧 New Podcast Episode: Celo Deep Dive: The 4th Fastest Growing DeFi Blockchain

https://anchor.fm/coinstack/episodes/Celo-Deep-Dive-The-4th-Fastest-Growing-DeFi-Blockchain-e1ag52n

A deep dive into Celo, the fast growing DeFi blockchain on a mission to provide financial services to the world. Now growing faster than all major L1s other than Avalanche, Fantom, and Solana.

🎧 New Podcast Episode: This Week in Crypto- (Biden Signs Infrastructure Bill, Barbados To Establish a Virtual Embassy, VanEck’s ETF Rejected)

https://anchor.fm/coinstack/episodes/This-Week-in-Crypto--Biden-Signs-Infrastructure-Bill--Barbados-To-Establish-a-Virtual-Embassy--VanEcks-ETF-Rejected-e1ag2r1

This week, we talk about President Biden signing the infrastructure bill and the US senators seeking to repeal the crypto aspects of the bill. We also summarize and highlight the most important crypto news, stats, and reports.

The fastest growing major blockchains in DeFi TVL since August 1, 2021

Griffin outbid Constitution DAO and will be loaning the work to the Crystal Bridges Museum of American Art in Bentonville, Ark.

https://www.wsj.com/articles/citadel-ceo-ken-griffin-outbid-a-group-of-crypto-investors-for-copy-of-u-s-constitution-11637352087

BTC’s 90-Day Rolling Correlation With S&P 500 (SPY) Is Increasing and Now Above 0.3

Historically, BTC has been mostly uncorrelated with the S&P 500. The more it becomes correlated the more the equities market performance affects the cryptocurrency market’s performance.

https://coinmetrics.substack.com/p/state-of-the-network-issue-129

El Salvador intends to issue the world’s first sovereign Bitcoin bonds and build Bitcoin City, which will be free of income, property and capital gains taxes.

https://www.bloomberg.com/news/articles/2021-11-21/el-salvador-plans-1b-in-tokenized-bitcoin-bonds-bukele-says

Solana‘s active developer count surpassing Ethereum as ETH’s active developer count stays flat

More in Macro news 📰

Argentina has revealed a new crypto tax regime that would see all transactions charged a flat 0.6%.

https://cryptoslate.com/argentina-introduces-a-crypto-tax-regime-on-back-of-el-salvadors-bitcoin-story/

Bitcoin is now the 9th most valuable asset in the world, with Ethereum at #15

Source: 8marketcap.com

Smart Contracts remain as the most heavily invested category in crypto by VC funds.

For the last 7 days, Avalanche Bridge inflows have been 3:1 further proving AVAX as a true L1 competitor

The weekly Coinstack newsletter is out: https://coinstack.substack.com/p/crypto-for-financial-advisors

Crypto for Financial Advisors by Ryan Allis

Issue summary: In this issue, we share what every financial advisor should know about digital asset investing going into 2022. Pass this issue along to them. We also summarize the most important crypto news, stats, and reports. Happy Thanksgiving to our readers in the USA.

In This Week’s Issue:
1. Crypto for Financial Advisors By Ryan Allis
2. This Week in Crypto…
🗞️ Top Weekly News
💵 Weekly Fundraises
📊 Key Stats
📝 Report Highlights
🎧 Best Podcasts
📈 Top 10 Performers
3. Coinstack Podcast Episodes
4. Top 30: A Good Long-Term Crypto Portfolio
5. Join Our Telegram Group
6. Who We’re Following Closely on Crypto Twitter
7. How to Get Started in Crypto Learning