Monthly NFT marketplace volume on Ethereum increased by 210% to a new all-time high of $7B.

We were live on the Bankless show today, the Ethereum community's #1 podcast, talking about the Ethereum DCF model and how to properly value Ether as a cashflowing asset.

Watch the YouTube video:
https://www.youtube.com/watch?v=yB9hrM90jJQ

📰 Our weekly Coinstack issue is out:

https://coinstack.substack.com/p/bankless-episode-ethereum-to-3t

Issue Summary: This week we feature the video podcast we recorded yesterday on Bankless about the Ethereum DCF Model with our thoughts how to fairly value the world’s second largest digital asset, ETH. We also review the week’s top news, reports, and stats in the digital asset ecosystem, and share our special LuvMonster NFTs.

1. Upcoming Free Webinars for Institutional Crypto Investors
2. Bankless Interview with Ryan Allis - Ethereum to $3 Trillion
3. This Week in Crypto
🗞️ Top Weekly Crypto News
💵 Weekly Fundraises
📊 Key Stats
📝 Report Highlights
🎧 Best Crypto Podcasts
📈 Top 10 Tokens of the Week
4. NFTs: LuvMonsters Collection - NFTs for $2 👀
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
9. How to Get Started in Crypto Learning

Solana has recently hit its all-time high of 10k unique daily NFT buyers, surpassing its peak in September.

We can track NFT wash trading by analyzing sales of NFTs to addresses that were self-financed.

Meaning they were funded either by the selling address or by the address that initially funded the selling address.

Analysis of NFT sales to self-financed addresses shows that some NFT sellers have conducted hundreds of wash trades.

We have two upcoming webinars for institutional investors and family offices.

- Thur Feb 3, 12pm PT - Flash Market Update: Crypto Investing Register at: www.heartrithm.com/marketupdate

- Thur Feb 10, 11am PT - Crypto Investing for RIAs - Register at: www.heartrithm.com/rias

These will be preseted by Coinstack founder and HeartRithm Managing Partner Ryan Allis

🎧 New Podcast Episode: This Week in Crypto: (SEC Rejects Spot ETF, OpenSea Reimburses Users $1.8M, Brazil Launches DeFi ETF)

https://anchor.fm/coinstack/episodes/This-Week-in-Crypto-SEC-Rejects-Spot-ETF--OpenSea-Reimburses-Users-1-8M--Brazil-Launches-DeFi-ETF-e1dsmlf

Bitcoin Whales Buy at $38K As BTC Supply per Whale Hits 10-Year High

Aave’s TVL has grown >6x since 2021 across Avalanche, Polygon, and Ethereum.

Short-term holder MVRV (Market Value/Realised Value) signaling a possible bottom for BTC.

The Fear & Greed Index for Ethereum reaches neutral as ETH’s price crosses $3.1k today.

More than $25B of assets has gone into Ethereum bridges in the last year.

BTC showing support with 12% of supply now sitting between the $36.2k and $41.2k price range.

The Mayer Multiple calculates the ratio between price and the 200-day moving average.

The Mayer Multiple traded below 0.8 this week, representing a 20%+ discount relative to the 200-day moving average signaling a potential bottom for the crypto market.

NFT activity accounted for over 40% of ETH being burnt in the last month

US crypto lobbying expenditure doubles in 2021

🗞️ The weekly Coinstack newsletter is out:
https://coinstack.substack.com/p/this-week-in-crypto-0d6

🎧 New Podcast Episode: This Week in Crypto: (Jump Trading Backstops Wormhole’s $320M Exploit, US Government Seizes $3.6 Billion in Bitcoin, EU Weighs Potential Metaverse Regulation)

https://anchor.fm/coinstack/episodes/This-Week-in-Crypto-Jump-Trading-Backstops-Wormholes-320M-Exploit--US-Government-Seizes-3-6-Billion-in-Bitcoin--EU-Weighs-Potential-Metaverse-Regulation-e1e7b2n

Maker DAO remains as the most popular DeFi lending platform

Arweave, NEAR, and ENS have seen the largest uptick in fees/yield generated in the last 7 days.