Crypto Investing and Decentralized Finance, Coinstack

Coinstack

Crypto Investing and Decentralized Finance

Coinstack is published weekly by Ryan Allis. He was previously CEO and Co-founder of iContact and led the company from 300 employees, 70,000 customers, and $50M in annual sales and an exit for $169M. Ryan was an angel investor in SpaceX, LendingClub, Change.org, Kuli Kuli, and Catalant. Today, Ryan advises companies and governments on blockchain-related projects and is the Chairman of Hive.org, a global community of 3,500 purpose-driven leaders from 130 countries making a positive impact in the world. Ryan holds an MBA from Harvard Business School where he was Co-President of the Harvard Social Enterprise Club and a fellow of the Harvard Graduate School Leadership Institute.

Crypto

Virtual currencies are decentralized, math-based digital assets in which transactions can be performed cryptographically without the need for a central issuing authority. The first specification and proof of concept of Bitcoin, the first widely used virtual currency, was published in 2009 based on a paper published pseudonymously by Satoshi Nakamoto.

<ul><li>Uptober turned ugly. September’s institutional bid reversed in two trading days.</li><li>BTC ETFs shed $487.07M on October 7 (per SoSoValue), the largest outflow since June 25.</li><li>ETH ETFs extended a nine-day streak (Sep 29 to Oct 9). Fed meeting is two weeks away, and the macro fog is thicker, not thinner.</li></ul>

Uptober turned ugly. September’s institutional bid reversed in two trading days.BTC ETFs shed $487.07M on October 7 (per SoSoValue), the largest outflow since June 25.ETH ETFs extended a nine-day streak (Sep 29 to Oct 9). Fed meeting is two weeks away, and the macro fog is thicker, not thinner.

Built for Investing, Trading, and Research, Glassnode Services

Glassnode

Built for Investing, Trading, and Research

Glassnode Services

Built for investing, trading, and research. Access a unified platform that integrates spot, futures, options, ETFs, DATs, and on-chain data. Raw digital asset data is notoriously complex and scattered across hundreds of disconnected sources. We eliminate this fragmentation by aggregating these diverse inputs into a unified data layer. Access the insights that shape the industry. Our expert analysts decode the entire digital asset landscape, translating comprehensive market data into the premier intelligence that professional investors rely on.

<ul>
<li>Bitcoin trading volume remains unusually low, and new money explains less than two fifths of the rise in Realized Cap.</li>
<li>Recent buyers took profit into Sunday's close above $85K, sending the largest share of exchange inflows in a year.</li>
<li>Options traders lean bullish again: put/call ratios sit low for 2026, and spending on calls now far outweighs spending on puts.</li>
</ul>


Bitcoin trading volume remains unusually low, and new money explains less than two fifths of the rise in Realized Cap.
Recent buyers took profit into Sunday's close above $85K, sending the largest share of exchange inflows in a year.
Options traders lean bullish again: put/call ratios sit low for 2026, and spending on calls now far outweighs spending on puts.


<ul><li>Congress averted the October 1 shutdown with a bipartisan stopgap bill. Jobs data came in weak. Citigroup lifted its 12-month Bitcoin target by 37.8%.</li><li>Uptober has begun, and BTC absorbed all three catalysts, closing the week near $86,490 (CoinGecko, Close, Oct 4).</li><li>ETH broke out of its multi-week $2,600 range on Thursday before settling back. The institutional story kept building while macro visibility deteriorated.</li></ul>

Congress averted the October 1 shutdown with a bipartisan stopgap bill. Jobs data came in weak. Citigroup lifted its 12-month Bitcoin target by 37.8%.Uptober has begun, and BTC absorbed all three catalysts, closing the week near $86,490 (CoinGecko, Close, Oct 4).ETH broke out of its multi-week $2,600 range on Thursday before settling back. The institutional story kept building while macro visibility deteriorated.

<ul>
<li>Bitcoin trades near $86k on Monday, in the upper part of the range it has held for two weeks, after a Sunday rally lifted the weekly close about 2% above the previous one.</li>
<li>The positioning built around the breakout two weeks ago has eased.</li>
<li>Futures open interest sits back inside its range, near its upper edge, and options open interest dropped back after the quarterly expiry. </li>
</ul>


Bitcoin trades near $86k on Monday, in the upper part of the range it has held for two weeks, after a Sunday rally lifted the weekly close about 2% above the previous one.
The positioning built around the breakout two weeks ago has eased.
Futures open interest sits back inside its range, near its upper edge, and options open interest dropped back after the quarterly expiry. 


Bitcoin Pro is a powerful trading system based on artificial intelligence (AI) technologies. The robot trades bitcoin volatility by betting on BTC prices relative to other currencies.

<ul>
<li>
Bitcoin closed near $84,449 (CoinGecko, Sept 27 close), hitting an eight-month high above $86,500 on Monday.
</li>
<li>
BTC ETFs turned positive for 2026 after $2.8B in inflows (Sep 18 - Sep 25) erased a $5.8B YTD deficit. Net inflows are now +800M for the year.
</li>
<li>
BitMEX permanently shut down on Sept 23 after twelve years. The exchange that invented crypto perpetual futures closed its books.
</li>
</ul>



Bitcoin closed near $84,449 (CoinGecko, Sept 27 close), hitting an eight-month high above $86,500 on Monday.


BTC ETFs turned positive for 2026 after $2.8B in inflows (Sep 18 - Sep 25) erased a $5.8B YTD deficit. Net inflows are now +800M for the year.


BitMEX permanently shut down on Sept 23 after twelve years. The exchange that invented crypto perpetual futures closed its books.



Crypto
Analysis of cryptocurrencies

ETFs Bleed in Uptober

Uptober turned ugly. September’s institutional bid reversed in two trading days. BTC ETFs shed $487.07M on October 7 (per SoSoValue), the largest...

Coinstack

A Rally Running Light

Bitcoin trading volume remains unusually low, and new money explains less than two fifths of the rise in Realized Cap.Recent buyers took profit...

Glassnode

Citi’s $113K Bitcoin Call

Congress averted the October 1 shutdown with a bipartisan stopgap bill. Jobs data came in weak. Citigroup lifted its 12-month Bitcoin target by 37.8%.

Coinstack

BTC Market Pulse: Week 41

Bitcoin trades near $86k on Monday, in the upper part of the range it has held for two weeks, after a Sunday rally lifted the weekly close about 2%...

Glassnode

BTC ETFs Flip Positive for 2026

BTC ETFs turned positive for 2026 after $2.8B in inflows (Sep 18 - Sep 25) erased a $5.8B YTD deficit. Net inflows are now +800M for the year.

Coinstack