Grayscale Bitcoin Trust hits a record low of -28% against spot prices as of yesterday presenting an opportunity for long term investors.

Fantom is now the third largest DeFi chain by total value locked.

Per DeFiLlama, Fantom’s TVL crossed the $12 billion mark during the weekend despite the bearish nature of the entire crypto market.

However, that figure has now dropped to $11.87 billion while that of BSC stands at $11.48 billion.

Project Serum, an AMM on Solana reaches a new ATH of daily volume traded depite Solana’s recent network outage.

Coming up in 20 minutes, we will be co-hosting a Twitter Spaces with Coinstack Publisher & HeartRithm Managing Partner Ryan Allis at 12pm PT / 3pm ET to discuss crypto valuation models and the ETH DCF model.

https://twitter.com/i/spaces/1OwxWzpPrqWJQ?s=20

On Thursday at 12pm PT we will be hosting a webinar called Digital Asset Investing for Financial Advisors, focused on bringing financial advisors fully up-to-speed on the role of blockchain technologies, smart contracts, and DeFi in the new global financial system.

If you or your financial advisor would like to join, you can register free at www.heartrithm.com/advisors

Liquidations spiked to 1,692 on Aave, DeFi’s largest protocol, on Jan. 23. That’s the highest since the crash in late May 2021.

LooksRare, surpasses Opensea with over $5B worth of NFTs traded on the marketplace since the platform launched.

Here is the transcript from the recent RealVision podcast appearance by Coinstack Publisher & HeartRithm Managing Partner Ryan Allis.

Watch the video version here (free sign in required): https://www.realvision.com/shows/the-interview-crypto/videos/these-are-the-central-questions-about-defi-scale-and-the-future-of-crypto

Topics: Can Proof of Stake properly scale, let alone provide real services to the general public? A true believer in the core DeFi value proposition, Ryan Allis, managing partner at HeartRithm and publisher of Coinstack, addresses these issues in an interview with Ash Bennington. Allis also talks about the fierce competition among smart-contract platforms, Ethereum’s once and future dominance, and other macro factors at work in the cryptosphere right now. Filmed on January 12, 2022.

Optimism, an L2 scaling solution, gaining traction with almost 7M transactions since launch.

🗞️ Our weekly Coinstack newsletter is out... please share

https://coinstack.substack.com/p/a-sea-of-red

BTC and ETH down 45% from ATHs, ETH RSI lowest in 2 years, a historic buying opportunity or moment to be cautious? Plus Ethereum's top 6 competitors.

In this week's issue:

1. Market Update: A Sea of Red by Ryan Allis
2. The Top 6 Ethereum Competitors By Ryan Allis
3. Upcoming HeartRithm Institutional Investor Webinars
4. This Week in Crypto
🗞️ Top Weekly Crypto News
💵 Weekly Fundraises
📊 Key Stats
📝 Report Highlights
🎧 Best Crypto Podcasts
📈 Top 10 Tokens of the Week
5. Real Vision: Interview with Ryan Allis & Ash Bennington
6. NFTs: LuvMonsters Collection - NFTs for 0.01 & An Auction 👀
7. Coinstack Podcast Episodes
8. Top 30: A Good Long-Term Crypto Portfolio
9. Join Our Telegram Group
10. Who We’re Following on Crypto Twitter
11. How to Get Started in Crypto Learning

First time in history NFT search volume is higher than Crypto. Asia region specifically is growing interest in NFTs.

🎧 New Podcast Episode: This Week in Crypto: (Ethereum Foundation Kills ‘ETH 2.0’, IMF Urges El Salvador To Discontinue BTC, Chase Closes Uniswap Founder’s Bank Accounts)

https://anchor.fm/coinstack/episodes/This-Week-in-Crypto-Ethereum-Foundation-Kills-ETH-2-0--IMF-Urges-El-Salvador-To-Discontinue-BTC--Chase-Closes-Uniswap-Founders-Bank-Accounts-e1di60t

Institutions taking advantage of the price and buying the dip.

Congrats to Bored Apes Yacht club for reaching a new floor of 100 ETH today!

The total crypto market cap increased about 191% over the previous year with ATHs reaching ~$3b in Nov

Podcast interview of Coinstack founder Ryan Allis by Ash Bennington discussing Ethereum, DeFi, and smart contract platforms.

https://open.spotify.com/episode/6Vl73x76XIRncqZ7W8IF2o

Investors brace for volatility as the market increases its rate hikes forecast this year.

Today marks the first consecutive week in which Institutions as well as retail investors aggresively buying the price dip.

Here is a podcast episode on Valuing Ethereum with Ryan Allis — from his interview last week on Web3 Frontier

https://open.spotify.com/episode/28FSKHil41V6lujpHH4shx?si=pfVcsCYMQ16FwBCZU5KIEg

A total of 398,062 ETH, equivalent to $1.2B, was burned in January.

Since the implementation of EIP-1559 in early August, a total of 1,715,775 ETH, equivalent to $6.34B, has been burned.