Polygon’s network revenue increased 44% to $136k per day! Avg. cost per transaction last week was $0.035.

Arweave showing the largest uptick in revenue with a 297% growth in 7d revenue trend.

Since January 2020, holding Bitcoin would have increased your purchasing power by 520% making Bitcoin an excellent inflation hedge during covid.

Retail Accumulation shows the 7-day change in holders of less than 1 BTC coin balance.

The last time retail bought the dip this hard was at the bottom of the COVID crash, which sequentially led to the bull run of May 2021.

After four years of work, the first five Polkadot parachains launch this Saturday 🚀

Bitcoin’s Fear and Greed Index shows investor sentiment declining, creating a buying opportunity for long-term holders.

📰 The 2021 Crypto Year In Review Just Went Out...

https://coinstack.substack.com/p/crypto-2021-in-review

Crypto: 2021 in Review - Part One of Two

- Ethereum’s Progress Toward Flipping Bitcoin

- Solana, Terra, Avalanche, and Fantom Have Breakthrough Years

- The Year of DeFi

- Institutional Investment in Crypto Explodes

- Ethereum Scaling Solutions Have Arrived and Are Working

Fed’s median forecast shows 3 rate hikes in 2022.

The recent dip in the crypto market suggets the fed’s hawkish policy shift has already been priced in.

Source: coindesk.com/markets/2021/12/15/bitcoins-decline-suggests-feds-hawkish-policy-shift-is-priced-in/

Over the last 10 days, it looks like Bitcoin on-chain data is telling the following story:

-Smaller addresses are consistently stacking sats.
-Mid size addresses have been relatively flat.
-Whales have not jumped on the accumulation trend.

SOURCE: https://twitter.com/ecoinometrics/status/1471515228517318660

🎧 New Podcast Episode: Crypto: 2021 in Review

https://anchor.fm/coinstack/episodes/Crypto-2021-in-Review-e1bqbvu

This week we celebrate our first anniversary by doing our first annual recap of the biggest stories in crypto of 2021.

AVAX transaction volume continues steady ascent as Polygon and Fantom see declining daily transaction count.

Short Term Holder (STH) Profit/Loss Ratio looks at unrealized profit/loss specifically from short-term holders. (entities who have held their BTC for less than 155 days).

Similar to SOPR the ratio is currently below 1 and trending down indicating bearish price action for the time being until the meteric re-traces back to above 1.

SOURCE: https://www.blockwareintelligence.com/p/blockware-intelligence-newsletter-1e2

ETH and BTC have both performed well in 2021. However, as the year went on ETH edged out BTC, as reflected by market cap dominance.

Avalanche has grown its TVL by 42% in the last 30 days stealing more traffic and users from other competing L1s.

Since Facebook’s rebranding to Meta, the price on average for virtual lands in The Sandbox skyrocketed almost 500% from the end of November.

Terra, rockets up to the 2nd largest DeFi TVL with a 42% increase in Total Value Locked in the last 7-days knocking Binance Smart Chain to 3rd place with $16.79B TVL.

The gain comes amid surging growth for the network’s three-largest protocols, with Anchor’s TVL sitting at $7.51 after growing 23.6% in seven days, Lido representing $5.29B after gaining 12%, and Terraswap comprising $1.91B after its capital locked increased by a whopping 78.9%.

SOURCE: https://thedefiant.io/terra-defies-selloff-surges-tvl-binance/

DEXs across the board are on track to have about a 25% in Monthly Active Users this month vs the Nov 2021 peak, though most are still seeing substantially higher usage than at the beginning of this year.

DATA SOURCE: https://dune.xyz/mizmatcat/Metamask-Swaps

Yearn, the yield aggregator, has introduced new tokenomics and its YFI token jumped 87.1% in the seven days.

The apparent catalyst for YFI’s momentum is the token’s revamped tokenomics which says the mechanics will create a “black hole “for YFI, meaning supply will come off the market through token buybacks and staking.

SOURCE: https://thedefiant.io/yearn-tokenomics-change/

1998: 200M Internet Users

2021: 200M Crypto Users

WGMI

Binance’s cash margined open interest back to pre-correction signaling an increase in investor sentiment.