Coinstack

Investors validate BTC as a legitimate macro asset with 21.63% of Bitcoin's supply moving above the $1T dollar market cap threshold.

🎧 New Podcast Episode: This Week in Crypto: (Grayscale Launches Solana Product, CZ Hints France for Global Headquarters, Ethereum Payments come to Twitter) https://anchor.fm/coinstack/episodes/This-Week-in-Crypto-Grayscale-Launches-Solana-Product--CZ-Hints-France-for-Global-Headquarters--Ethereum-Payments-come-to-Twitter-e1b5odj

DeFi’s TVL sets a new ATH above $250B. However, Ethereum’s dominance over DeFi activity has taken a big hit in H2 2021.

🗞 The weekly Coinstack newsletter is out: https://coinstack.substack.com/p/this-week-in-crypto-miami-edition This Week in Crypto (Miami Edition) Issue summary: This week we’re writing from Miami where events like DCentral, Regenaissance, BitBasel, and Qrypto Queens have helped make NFTs and digital assets a central part of pop culture during Art Basel.

Avalanche reaches a record of 633k+ total active wallets on the C-Chain. Almost doubling it’s monthly active wallet addresses from the previous month.

Jack Dorsey retires as CEO of Twitter and will be leaving its board sometime in May, with rumors circulating his decision is motivated by his desire to work deeper in the crypto industry. https://www.theverge.com/2021/11/29/22807651/jack-dorsey-steps-down-twitter-ceo-parag-agrawal-replacement

Anyone on here staking TIME on Wonderland? Doing some research into it this week. It is the Olympus DAO of Avalanche. Please comment or message if you are. 🙏

Surprisingly Bitcoin’s blockchain is still larger than Ethereum, however this is about to change and Ethereum is soon set to surpass Bitcoin with its rapid appreciation in blockchain size. https://blog.bitmex.com/bitcoin-vs-ethereum-blockchain-size/

🎧 New Podcast Episode: Crypto for Financial Advisors In this deep dive, we share what every financial advisor should know about digital asset investing going into 2022. https://anchor.fm/coinstack/episodes/Crypto-for-Financial-Advisors-e1aqs93

🎧 New Podcast Episode: This Week in Crypto: (Bitcoin City, Binance L2 Integration, $4B Crypto Seized by the IRS) This week we talk about El Savaldor's Bitcoin City as well as Binance integrating Arbitrum into their exchange and the IRS seizing $4B worth of crypto this year. https://anchor.fm/coinstack/episodes/This-Week-in-Crypto-Bitcoin-City--Binance-L2-Integration--4B-Crypto-Seized-by-the-IRS-e1aqqke

The weekly Coinstack newsletter is out: https://coinstack.substack.com/p/crypto-for-financial-advisors Crypto for Financial Advisors by Ryan Allis Issue summary: In this issue, we share what every financial advisor should know about digital asset investing going into 2022. Pass this issue along to them. We also summarize the most important crypto news, stats, and reports. Happy Thanksgiving to our readers in the USA. In This Week’s Issue: 1. Crypto for Financial Advisors By Ryan Allis 2. This Week in Crypto… 🗞️ Top Weekly News 💵 Weekly Fundraises 📊 Key Stats 📝 Report Highlights 🎧 Best Podcasts 📈 Top 10 Performers 3. Coinstack Podcast Episodes 4. Top 30: A Good Long-Term Crypto Portfolio 5. Join Our Telegram Group 6. Who We’re Following Closely on Crypto Twitter 7. How to Get Started in Crypto Learning

For the last 7 days, Avalanche Bridge inflows have been 3:1 further proving AVAX as a true L1 competitor

Smart Contracts remain as the most heavily invested category in crypto by VC funds.

Bitcoin is now the 9th most valuable asset in the world, with Ethereum at #15 Source: 8marketcap.com

More in Macro news 📰 Argentina has revealed a new crypto tax regime that would see all transactions charged a flat 0.6%. https://cryptoslate.com/argentina-introduces-a-crypto-tax-regime-on-back-of-el-salvadors-bitcoin-story/

Solana‘s active developer count surpassing Ethereum as ETH’s active developer count stays flat

El Salvador intends to issue the world’s first sovereign Bitcoin bonds and build Bitcoin City, which will be free of income, property and capital gains taxes. https://www.bloomberg.com/news/articles/2021-11-21/el-salvador-plans-1b-in-tokenized-bitcoin-bonds-bukele-says

BTC’s 90-Day Rolling Correlation With S&P 500 (SPY) Is Increasing and Now Above 0.3 Historically, BTC has been mostly uncorrelated with the S&P 500. The more it becomes correlated the more the equities market performance affects the cryptocurrency market’s performance. https://coinmetrics.substack.com/p/state-of-the-network-issue-129

Griffin outbid Constitution DAO and will be loaning the work to the Crystal Bridges Museum of American Art in Bentonville, Ark. https://www.wsj.com/articles/citadel-ceo-ken-griffin-outbid-a-group-of-crypto-investors-for-copy-of-u-s-constitution-11637352087

The fastest growing major blockchains in DeFi TVL since August 1, 2021