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All things Ethereum, Bitcoin, DeFi, Blockchain, Crypto, and Web 3.0. With analysis of the macro trends and technological innovation as we build the future of money.
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Gas prices on Fantom spiked to new highs as Solidly and Solidex launched last week.
Uniswap continues to be the spot leader in DEXes by volume share.
Bitcoin has hit an all-time high when priced in Russian rubles as Russian citizens attempt to preserve their capital.
Cutting off the Russian Ruble from the world’s financial system led to a sell-off, causing it to drop 20% over the weekend.

As Russians try to preserve value, BTC has emerged as one of the options. This caused BTC to trade at an eye-popping 40% premium.
Since September, there’s been a significant increase in the number of wallets with more than one NFT, which recently surpassed 500k.
Since launching in December 2021, Sound.xyz onboarded over 60 artists and generated over $850k in proceeds that have been paid directly to artists - an average of ~$14.2k per artist.
SuperRare is the leading curated marketplace for 1/1 NFT art.

In February, $3.35m was paid out to the artists on the platform with volume eclipsing $230m February.
Messari Q4'21 Fund Screener Analysis shows Polkadot as the most commonly held liquid asset of the 57 funds tracked.
Cointelegraph’s Research report analyzes GameFi and finds Allien Worlds to have the highest gameplay score as well as unique users.
Over 10M ETH have been deposited into the Ethereum deposit contract!
4.46% (832,457 BTC) of Bitcoin's supply has moved to $39k. The largest on-chain volume shift in the history of Bitcoin.
Yuga Labs, the company behind Bored Ape Yacht Club (BAYC), announced they acquired the IP of the CryptoPunks and Meebits NFT collections.

The initial announcement sent the NFT market into a rally over the weekend.
Ethereum is still generating $300M in revenues per month, 8x its nearest competitor #BSC and 18x #AVAX. No doubt there is competition... but ETH is still quite far ahead.

It's ETH + L2s/Sidechains (Optimism + Arbitrum + Polygon + ZKRollups) vs. #Avalanche/#Fantom/#Solana/#BSC
Coinstack founder Ryan Allis will be hosting a webinar tomorrow at 12pm PT / 3pm ET

Crypto Investing for High Net Worth Investors

Register for free at www.heartrithm.com/hnwis

HeartRithm Managing Partner and Coinstack publisher Ryan Allis will be hosting an upcoming 55-minute webinar on crypto investing covering our thoughts on crypto investing in 2022, how to invest in DeFi, which smart contract platforms are growing, and mapping out the crypto hedge fund ecosystem.
We have just published our weekly Coinstack newsletter:

https://coinstack.substack.com/p/this-week-in-crypto-ef8

This Week in Crypto

🗞️ Top Weekly Crypto News - European Regulation, CryptoPunks, FTX

💵 Weekly Fundraises - Consensys $450M, Magic Eden, Metaverse Game Studios

📊 Key Stats - Ethereum, NFTs, Metaverse

📝 Report Highlights - Chiliz Sports Fan Tokens (CHZ)

🎧 Best Crypto Podcasts - Coinstack, Bankless, RealVision

📈 Top 10 Tokens of the Week - WAVES, RUNE, LUNA
Avalanche’s C-Chain daily transactions have gone from 200k to regularly peaking above 1 million in the space of six months.
NFT volume on Avalanche has overtaken Solana in the last 24 hours.