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.

Total Value in the ETH 2.0 Deposit Contract just reached an ATH of 8,764,082 ETH

🎧 New Podcast Episode: This Week in Crypto: (SEC Postpones Decisions on Bitcoin ETFs, Uniswap Deploys on Polygon, Rari Capital and Fei M&A)

https://anchor.fm/coinstack/episodes/This-Week-in-Crypto-SEC-Postpones-Decisions-on-Bitcoin-ETFs--Uniswap-Deploys-on-Polygon--Rari-Capital-and-Fei-MA-e1c29qj

📰 The weekly Coinstack newsletter is out:

Crypto: 2021 In Review: Part 2

https://coinstack.substack.com/p/crypto-2021-in-review-part-2

1. Crypto: 2021 in Review
- NFTs Go Mainstream
- The Year of the Crypto Hedge Fund
- The Year Fundamentals Started to Matter in Crypto
- China Makes a Major Geopolitical Blunder Banning Bitcoin
- Digital Assets Finally Get Taken Seriously in D.C.

2. This Week in Crypto
🗞️ Top Weekly News
💵 Weekly Fundraises
📊 Key Stats
📝 Report Highlights
🎧 Best Podcasts
📈 Top 10 Performers

3. The NFT of the Week By Mrs. Bubble - Happy Dragon - $2 NFTs

4. Coming Soon: NFT Art & Culture Section By Mrs. Bubble

5. Coinstack Podcast Episodes

6. Top 30: A Good Long-Term Crypto Portfolio

7. Join Our Telegram Group

8. Who We’re Following on Crypto Twitter

How to Get Started in Crypto Learning

Want to get your first ever NFT for Christmas?

Coinstack featured NFT artist Mrs. Bubble has a special $2 NFT as her latest mint...

BUBBLE #136 - Happy Dragon

Available for just $2 (0.0005 ETH) on OpenSea this week only.

View Now: https://bit.ly/3ekPX5j and buy with your Metamask wallet

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