Coinstack
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All things Ethereum, Bitcoin, DeFi, Blockchain, Crypto, and Web 3.0. With analysis of the macro trends and technological innovation as we build the future of money.
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🎧 New Podcast: This Week in Crypto (Axie, Binance Withdrawals, CryptoPunks, & New Regulations) - 25 minutes 32 seconds

https://anchor.fm/coinstack/episodes/This-Week-in-Crypto-Axie--Binance--CryptoPunks--Regulation--EIP-1559-Goes-Live-e15fn2c

The bulls seems to be back with Ether (ETH) up 19% in the last week as we prepare for the big launch of EIP-1559 on Thursday morning.In this week's episode we talk about Binance's new lower withdrawal limits, the resurgence of Crypto Punks sales including a $5.4M sale this week, new proposed U.S. regulations from SEC Chair Gary Gensler, all of the big crypto fundraises, and the top performers like Axie which is up 446% in the last month. We also cover our latest Bitcoin forecast.
August 5, 2021
EIP-1559 went live today, which means that part of the Ethereum transaction fees are getting burned to reduce ETH supply. Here are two good sites to track this:

https://ultrasound.money
https://ethburned.info/

We are at 1891 ETH burned so far.
August 5, 2021
August 9, 2021
Our weekly Coinstack newsletter is out!
https://coinstack.substack.com/p/the-bulls-are-back

Please share with your friends...

Our Latest Market Forecast - The Bulls Are Back

The Weekly Crypto Recap…

🗞️ Top Weekly Crypto News

💵 Weekly Crypto Fundraises

📈 Top 10 Weekly Performers (ICP, AXS, RVN, HOT)

🎧 Best Podcasts This Week

📊 Key Stats of the Week

📝 Crypto Report Highlights

Weekly Article: Axie Infinity’s Economic Engine

The Coinstack Alpha Fund - Up 19% in Last Week

Coinstack Podcast Episodes

Top 30: A Good Long-Term Crypto Portfolio

Wednesday Crypto Community Calls

Join Our Telegram Group

Who We’re Following Closely on Crypto Twitter

How to Get Started in Crypto Learning
August 11, 2021
August 11, 2021
🗞️ Our weekly Coinstack newsletter is now out... read it online at:

https://coinstack.substack.com/p/this-week-in-crypto-478

We're experimenting with a format where we recap the weekly crypto news and stats and then have a feature article. Let us know what you think. Our goal is to summarize all the week's key information something you can read in 10-15 minutes.

This week's feature article is an on-chain analytics article by Coinstack analyst Mike Gavela where he explains why he sees Bitcoin establishing a new price floor at $40k.
August 18, 2021
🎧 New Coinstack Podcast Episode: This Week in Crypto with Ryan Allis & Mike Gavela

https://anchor.fm/coinstack/episodes/This-Week-in-Crypto-Top-News--Fundraises--Stats---Reports-e165rfr

The top crypto news, reports, and stats of the week. We also introduce Coinstack analyst Mike Gavela on the show for the first time.

We also discuss our latest Bitcoin forecast. Based on on-chain analytics and the amount of capital coming into the space from institutional investors, crypto markets appear headed toward a double market peak as we first predicted July 5.

We expect to see new all-time high during Fall 2021 for both Bitcoin and Ethereum. While things could always change, we expect to see $80k+ BTC and $6k+ ETH by the end of 2021. The bulls are definitely back -- with ETH up 50%+ from it's early July lows.
August 19, 2021
August 20, 2021
🎧 New Podcast Episode: Just recorded...

On-Chain Analysis: How Does It Work with Mike Gavela

How we can predict the price of Bitcoin and Ethereum in advance? We use on-chain analytics. Coinstack analyst Mike Gavela joins us to explain how on-chain analytics works.

https://anchor.fm/coinstack/episodes/On-Chain-Analysis---How-It-Works--Bitcoin--Ethereum-Price-Forecast-With-Mike-Gavela-e167e9p

In this episode we interview Mike Gavela, an on-chain analyst who focuses on Bitcoin and Ethereum. We explain what on-chain analysis is, how on-chain analysis works, how to predict short and medium-term price movements using on-chain analysis, and the best tools in the space like Glassnode, TokenTerminal, and Dune Analytics.

We also discuss our market forecast for where the price of Bitcoin and Ethereum will reach in the current cycle. Mike is confident we will pass $100k BTC and $5k ETH in this cycle based on the on-chain data, market cycle lengthening, and the amount of capital coming into the space. Mike also introduces us to three of his favorite metrics Realized Price, NUPL and SOPR. In addition to Bitcoin and Ethereum we also discuss Solana and Polkadot.
August 20, 2021
August 23, 2021
August 24, 2021
August 25, 2021
August 25, 2021
🗞️ The weekly Coinstack newsletter is now out...

https://coinstack.substack.com/p/good-times-ahead-

Our Crypto Market Forecast

This Week in Crypto…
🗞️ Top Weekly News
💵 Weekly Fundraises
📊 Key Stats
📝 Report Highlights
📈 Top 10 Performers
🎧 Best Podcasts
🚀 Coin Of The Week

On-Chain Analysis by Mike Gavela - Price Floor Rising As Investors Remain Bullish
Welcoming Our New Sponsor: HeartRithm, A Crypto Quant Fund Focusing on Exceptional Returns & Social Impact
The Coinstack Alpha Fund
Coinstack Podcast Episodes
Top 30: A Good Long-Term Crypto Portfolio
August 25, 2021
August 25, 2021
🎧 This Week in Crypto - (Coinbase invests $500M in crypto, Visa buys its first CryptoPunk, and much more.)

https://anchor.fm/coinstack/episodes/This-Week-in-Crypto---Coinbase-invests-500M-in-crypto--Visa-buys-its-first-CryptoPunk--and-much-more-e16grp6

The top crypto news, reports, and stats of the week. We also cover our latest Bitcoin forecast. We are now in the last 4-6 months of the bull market. Based on on-chain analytics and the amount of capital coming into the space from institutional investors, crypto markets are headed toward a double market peak as we first predicted July 5. We expect to see new all-time high during Fall 2021 for both Bitcoin and Ethereum. While things could change, we expect to see $80k+ BTC and $6k+ ETH by the end of 2021, driving major increases in most other L1 and DeFi valuations.
August 26, 2021
https://twitter.com/WClementeIII/status/1432172737812914178

Seeing investors continue accumulation between $40k and low $50k price zones on BTC
August 30, 2021
Arbitrum - an Ethereum scaling solution - has launched and announced raising $120M in new funding...

Here's some detail from the Market Meditations Newsletter...

"Blockchain scalability is a hot topic, with Solana working hard to be an Ethereum killer. But Ethereum has momentum and there’s an important launch very soon for Arbitrum, one of the Layer 2 rollups. Let’s break it down:

To increase the speed of Ethereum and lower transaction costs, a combination of sharding the main Layer 1 network and sending computation off-chain (Layer 2) is being pursued.

There are three major types of Layer 2 scaling: state channels, Plasma and rollups – for connoisseurs of detail, Vitalik Buterin beautifully breaks down the differences here.

Rollups come in two flavours: Optimistic or Zero Knowledge (ZK). The former relies on Fraud Proofs (“Prove I’m Wrong”), whereas the latter relies on Validity Proofs (“Proof I’m Right”).

Arbitrum is an optimistic rollup that launched its beta version on the mainnet in May. Since then it has done an impressive job in attracting dApps, wallets and tools to migrate over in readiness for the official user launch. Check out their portal Arbitrum One.

It can process up to 5000 Transactions Per Second (~ 100x improvement on Ethereum’s 45 TPS), but there will be limits in place during the launch phase.

One thing to note is that optimistic rollups have a 7-day withdrawal period (the interval for fraud claims), but some projects are working on speeding this up with liquidity bridges.

And while Arbitrum itself does not currently have its own token, the same could be said about UniSwap until it airdropped one to every user…

So a Layer 2 solution at scale may be right around the corner and with mass user adoption could have a significant impact on the market and its participants, especially for those projects using the protocol. To learn more about Layer 2 competitors, check out this comprehensive report by Delphi Digital."

Links:

News: Arbitrum Launches on Mainnet and Raises $120M in New Funding to Scale Ethereum -
https://www.theblockcrypto.com/post/116148/ethereum-scaling-solution-arbitrum-launches-mainnet-raises-120-million-funding

Medium Post: August Launch Announcement - https://offchain.medium.com/a-is-for-arbitrum-a-is-for-august-71391582d95b

Delphi Layer 2 Rollup Report - https://www.delphidigital.io/wp-content/uploads/2020/12/Layer-2_DelphiDigital.pdf
August 31, 2021
August 31, 2021