Alexis Ohanian announced Tues at the Breakpoint Conference in Lisbon, that his Seven Seven Six venture firm and Solana Ventures have allocated $100 million to Web 3.0 and “decentralized social projects.”

https://cointelegraph.com/news/alexis-ohanian-solana-ventures-launch-100m-web3-growth-fund?utm_content=buffer30255&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Tomorrow in Coinstack we will be sharing a deep dive article on Fantom, the fastest growing major blockchain in DeFi right now. It's TVL is up 553% since Sep 1, 2021.

🗞️ The Weekly Coinstack Newsletter is out...
Fantom Deep Dive: The Supercharged Ethereum

https://coinstack.substack.com/p/fantom-deep-dive-the-supercharged

Inside this issue:
Fantom Deep Dive: The Supercharged Ethereum By Mike Gavela & Ryan Allis
Latest Market Forecast: A Cycle Top in Q1 2022? By Ryan Allis
This Week in Crypto…
🗞️ Top Weekly News
💵 Weekly Fundraises
📊 Key Stats
📝 Report Highlights
🎧 Best Podcasts
📈 Top 10 Performers
Coinstack Podcast Episodes
Top 30: A Good Long-Term Crypto Portfolio
Join Our Telegram Group
Who We’re Following Closely on Crypto Twitter
How to Get Started in Crypto Learning

🎧 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