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Date: Wed, 26 Jan 2022 11:08:03 +0000
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Subject: The crypto selloff, explained
To: Vincent <vince@showfile.com>

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Coinbase Bytes The macroeconomic forces pressuring the crypto markets. Plus=
,=20
the biggest Web3 investments of the week. View in browser=20
<https://links.coinbase.com/e/evib?_t=3D3aca56371967418192255878e9689713&_m=
=3D9b80a1095a15488bad67d0d0c968da52&_e=3Dwxy93FKQZpFui2OwetccYxLlzk34ccEGma=
IZtN6aRPQS2XeoNS0acm9AlELmTsjFh1X0YGVFAZiBykynIvi6BLcLckzzlNWb936OTkPMHlie3=
T2L4gmw9msa2PK5hHcEJKDttM484SrwbbMZDDjdXg%3D%3D>
 <https://coinbase.com>=20
 26-Jan-2022=20
 <https://coinbase.com/>=20
From the S&P 500 to the crypto market, the beginning of 2022 has been rocky=
=20
for many parts of the global economy. [Spencer Platt via Getty Images]

What=E2=80=99s up? It=E2=80=99s Coinbase Bytes=20

There=E2=80=99s never a dull moment on the blockchain. Here=E2=80=99s what =
you need to know=20
this week:

 * Crypto crashes to six-month lows. We=E2=80=99re taking a look at some of=
 the forces=20
behind the recent selloff.=20
 * Tech giants bet big on Web3. Google, Facebook, Twitter, and more are=20
investing in the web=E2=80=99s crypto-powered future.=20
 * The week in numbers. The amount of BTC held offline in hardware wallets,=
=20
and the key figures you need to know this week.=20




Bitcoin

=C2=A328,204.74

-8.25%
 <https://coinbase.com/price/bitcoin?bytes_title=3Dbitcoin>=20

Ethereum

=C2=A31,877.85

-16.93%
 <https://coinbase.com/price/ethereum?bytes_title=3Dethereum>=20


Cardano

=C2=A30.79

-22.49%
 <https://coinbase.com/price/cardano?bytes_title=3Dcardano>=20

Solana

=C2=A372.08

-27.13%
 <https://coinbase.com/price/solana?bytes_title=3Dsolana>=20


Dogecoin

=C2=A30.11

-6.67%
 <https://coinbase.com/price/dogecoin?bytes_title=3Ddogecoin>=20

Polkadot

=C2=A314.03

-21.36%
 <https://coinbase.com/price/polkadot?bytes_title=3Dpolkadot>=20


Bitcoin

=C2=A328,204.74

-8.25%
 <https://coinbase.com/price/bitcoin?bytes_title=3Dbitcoin>=20

Ethereum

=C2=A31,877.85

-16.93%
 <https://coinbase.com/price/ethereum?bytes_title=3Dethereum>=20

Cardano

=C2=A30.79

-22.49%
 <https://coinbase.com/price/cardano?bytes_title=3Dcardano>=20


Solana

=C2=A372.08

-27.13%
 <https://coinbase.com/price/solana?bytes_title=3Dsolana>=20

Dogecoin

=C2=A30.11

-6.67%
 <https://coinbase.com/price/dogecoin?bytes_title=3Ddogecoin>=20

Polkadot

=C2=A314.03

-21.36%
 <https://coinbase.com/price/polkadot?bytes_title=3Dpolkadot>=20
Price changes are for the past week, ending on Jan 26, 2022 at 11:02 AM UTC
See the latest prices <https://coinbase.com/price>=20



 DARK SIDE OF THE MOON=20

Crypto, stock markets shudder in the face of global tensions and interest-r=
ate=20
fears

Brace yourselves, because things have gotten rocky. Markets of all kinds to=
ok=20
a significant hit in the last week, as a slew of headlines =E2=80=94 from R=
ussia=E2=80=99s=20
saber-rattling in Ukraine to the likelihood that the Federal Reserve will s=
oon=20
announce interest-rate hikes in the face of historic inflation =E2=80=94 pu=
shed=20
investor sentiment to some moody places. For the week, Bitcoin lost roughly=
=20
10%, Ethereum is down around 20%, the S&P 500 dipped 4%, and the tech-stock=
=20
heavy Nasdaq fell 5%. It=E2=80=99s enough to get even thediamond-hands=20
<https://www.coinbase.com/learn/tip-and-tutorials/crypto-slang-guide#diamon=
d-hands>
-iest of hodlers sweating! But we=E2=80=99re here to put the current dip in=
to context:=20
What=E2=80=99s driving it? And are there any silver linings? Let=E2=80=99s =
dig in.

 * The growing possibility of conflict between Russia and Ukraine fueled=20
<https://apnews.com/article/stock-market-drop-d1511bdafe7279b263a352a8ab249=
bc0>=20
global market whiplash on Monday,as the S&P 500 shed 4%, the NASDAQ lost 5%=
,=20
and Bitcoin fell roughly 8% =E2=80=94 although all enteredpositive=20
<https://www.theblockcrypto.com/post/131406/bitcoin-climbs-more-than-10-fol=
lowing-an-extraordinary-recovery-in-us-equities>
 territory by the time U.S. markets closed. The conflict seems likely to=20
inflame the long-simmering relationship between the U.S. and Russia with=20
unpredictable effects on markets. Speaking toThe Wall Street Journal=20
<https://www.wsj.com/articles/global-stocks-markets-dow-update-01-24-2022-1=
1643011323?mod=3Dhp_lead_pos1>
, one analyst noted potential impacts including the closure of the U.S.=20
financial system to Russian banks: =E2=80=9CThe closer you get to the cliff=
, the more=20
nervous [the market] is.=E2=80=9D=20
 * In the U.S., uncertainty around the Federal Reserve=E2=80=99s plan to ad=
dress=20
historic 7% inflation has markets on edge.The Fed recently signaled=20
<https://www.cnbc.com/2022/01/11/powell-says-rate-hikes-tighter-policy-will=
-be-needed-to-control-inflation.html>
 that it would begin reversing pandemic-era monetary policies (like near-ze=
ro=20
interest rates) sooner than expected. Why? The =E2=80=9Ceasy money=20
<https://www.marketwatch.com/story/is-the-market-crashing-no-heres-whats-ha=
ppening-to-stocks-bonds-as-the-fed-aims-to-end-the-days-of-easy-money-analy=
sts-say-11642892638>
=E2=80=9D that has buoyed the economy (and helped boost riskier assets like=
 crypto and=20
tech stocks with excess consumer cash) has also likely contributed tosurgin=
g=20
inflation=20
<https://www.nytimes.com/2022/01/22/business/economy/inflation-biden-pandem=
ic.html>
.=C2=A0=20
 * Why is the rollback of COVID-era stimulus shaking markets? With interest=
=20
rates sitting around zero, investors are incentivized to trade their cash f=
or=20
riskier assets =E2=80=94 including crypto and tech stocks =E2=80=94 with hi=
gher rates of=20
return. If interest rates rise suddenly, investors may shift strategies by
selling some of those assets for cash, which will be able to earn interest =
with=20
virtually no risk sitting in a savings account.=C2=A0=20


 * As the Biden administration prepares a crypto-related executive order fo=
r=20
February, regulatory uncertainty remains a major theme.According to a Bloom=
berg=20
report=20
<https://www.bloomberg.com/news/articles/2022-01-21/white-house-is-set-to-p=
ut-itself-at-center-of-u-s-crypto-policy?sref=3DaInCMkkj>
, the White House is increasing its focus on cryptocurrencies in an effort =
to=20
consolidate the fragmented thinking of several regulators and better unders=
tand=20
the technology=E2=80=99s risks and benefits. (Check out Coinbase=E2=80=99sp=
olicy proposal=20
<https://blog.coinbase.com/digital-asset-policy-proposal-safeguarding-ameri=
cas-financial-leadership-ce569c27d86c>
.) The news followed the Fed=E2=80=99srecent paper=20
<https://www.federalreserve.gov/publications/files/money-and-payments-20220=
120.pdf>
 oncentral bank digital currencies=20
<https://www.investopedia.com/terms/c/central-bank-digital-currency-cbdc.as=
p>,=20
which the agency described as =E2=80=9Cthe first step in a public discussio=
n=E2=80=9D around=20
the possibility of creating a digital version of the U.S. dollar.=20
 * A key difference between this and previous down cycles? Institutional mo=
ney=20
is flowing into crypto investments. From social media giants like Facebook =
and=20
Twitter exploring NFTs (more below), to venture capital giant (and Coinbase=
=20
investor) Andreessen Horowitz preparing$4.5 billion=20
<https://www.ft.com/content/6bf0ed56-1de5-4750-877f-c9cff753935c> for=20
crypto-tech investment =E2=80=94 the crypto market of 2022 is far more robu=
st than the=20
retail-driven market of just a few years ago.=20


Why it matters=E2=80=A6 If you just started buying BTC at the start of 2022=
, you=E2=80=99ve=20
already seen a 25% drop to the $35,000 range. But zoom out a little, and th=
e=20
picture changes. Last summer, for instance, Bitcoin fell below $30,000 =E2=
=80=94=C2=A0a=20
dizzying drop of about 50% from it=E2=80=99s mid-April peak around $63,000.=
 Four months=20
later? It was sitting at a new all-time high near $69,000. One lesson: Make=
 a=20
plan and stick to it. Nobody can predict the future, and we can=E2=80=99t t=
ell you=20
whether this is a momentary blip or the beginning of a truebear market=20
<https://www.coinbase.com/learn/crypto-basics/what-is-a-bull-or-bear-market=
>.=20
But wecan give you some tips for managing falling prices:=C2=A0=C2=A0=C2=A0
How to manage price swings=20
<https://www.coinbase.com/learn/tips-and-tutorials/how-to-minimize-your-los=
ses-during-a-falling-market?src=3Ddarksideofthemoon_cta>



 WORLD WIDE WEB3=20

Despite crypto=E2=80=99s volatility, tech giants from Google to Facebook ar=
e making=20
major investments in Web3

No two crypto down cycles are ever exactly the same. New for this one? Desp=
ite=20
market fluctuations, some of the world=E2=80=99s largest companies are marc=
hing toward=20
the crypto-powered future ofWeb3=20
<https://www.coinbase.com/learn/market-updates/around-the-block-issue-22> =
=E2=80=94 a=20
user-owned version of the web that relies on blockchain tech. Last week, ma=
ny=20
of the defining Web2 pioneers =E2=80=93 Google, Facebook, Instagram, and Tw=
itter =E2=80=93=20
announced crypto forays. Meanwhile, NFTs continue to break records and *che=
cks=20
notes* Bud Light might feature an NFT in their Super Bowl ad. Let=E2=80=99s=
 take a look=20
at some of the most promising developments of the week.

 * Twitter began rolling out an NFT verification feature on Thursday. Users=
=20
who pay $2.99 per month for Twitter=E2=80=99s subscription service,Twitter =
Blue=20
<https://blog.twitter.com/en_us/topics/product/2021/twitter-smarter--twitte=
r-harder-with-twitter-blue#:~:text=3DTwitter%20Blue%20is%20available%20for,=
to%20participate%20in%20the%20conversation.>
, can connect acrypto wallet=20
<https://www.coinbase.com/learn/crypto-basics/what-is-a-crypto-wallet> to t=
heir=20
account and select an NFT from their collection as their profile pic. Inste=
ad=20
of the standard circle that borders regular avatar images, verified NFT pro=
file=20
photos get hexagonal borders, and when clicked, viewers see a description o=
f=20
the artwork, a link to the collection on OpenSea, and anEtherscan=20
<https://etherscan.io/> link that allows them to view on-chain data related=
 to=20
the NFT.=20
 * Facebook and Instagram parent company Meta is also planning to verify NF=
Ts=20
featured in profiles, according to The Financial Times=20
<https://www.ft.com/content/2745d50b-36e4-4c0a-abe0-e93f035b0628?utm_source=
=3DIterable&utm_medium=3Demail&utm_campaign=3Dcampaign_>
. The company is also reportedly considering creating an NFT marketplace th=
at=20
would allow its social app users to create, buy, and sell digital art and=
=20
collectibles. In related news, Meta recently launched adigital currency wal=
let=20
<https://www.ft.com/content/b9a61950-a32c-4c77-95fe-fc0d00021a0f> called No=
vi=20
and tapped Coinbase tocustody users=E2=80=99 funds=20
<https://blog.coinbase.com/coinbase-to-power-crypto-custody-for-facebooks-n=
ovi-90dc8d3f5830>
.=C2=A0=20
 * YouTube CEO Susan Wojcicki published a letter=20
<https://www.theverge.com/2022/1/25/22899586/youtube-nfts-crypto-susan-wojc=
icki>
 on Tuesday hinting at similar NFT integrations.YouTube parent company Goog=
le=20
alsorecently appointed=20
<https://www.bloomberg.com/news/articles/2022-01-19/google-forms-blockchain=
-group-under-newly-appointed-executive?sref=3DaInCMkkj>
 a new =E2=80=9Cfounding leader=E2=80=9D to its Labs division, which will f=
ocus on =E2=80=9Cblockchain=20
and other next-gen distributed computing and data storage technologies,=E2=
=80=9D as=20
well as VR and AR projects. The search giant hired a former PayPal executiv=
e to
lead its payments division=20
<https://www.bloomberg.com/news/articles/2022-01-19/google-hires-paypal-vet=
-to-reset-strategy-after-banking-retreat?sref=3DaInCMkkj>
, a move that the company says is part of a broader strategy to integrate w=
ith=20
a wider range of financial services, including crypto.=C2=A0=20
 * Meanwhile, the Super Bowl promises to be a super Sunday for NFTs. Game=
=20
attendees willreceive commemorative NFTs=20
<https://boardroom.tv/nfl-super-bowl-tickets-nft> of their tickets, but tha=
t=E2=80=99s=20
just the tip of the digital iceberg. Budweiser, which released abeer-can NF=
T=20
series=20
<https://markets.businessinsider.com/news/currencies/budweiser-budverse-nft=
-1936-gold-rare-core-token-collection-beer-2021-11>
 last year, appears poised to create a major NFT moment pegged to the big g=
ame.=20
Last week, Bud Light was gifted an NFT (apixel-art glass of beer=20
<https://nouns.wtf/auction/179> wearing glasses) by the Nouns Foundation=20
<https://twitter.com/nounsdao>, the collective behind popular, bespectacled=
=20
avatars. In exchange for the NFT, Bud Light reportedly agreed to use the im=
age=20
on itsTwitter profile <https://twitter.com/budlight> and to feature it in a=
=20
Super Bowl commercial and on real-world beer cans. =E2=80=9CThey're becomin=
g genuine=20
participants within a very crypto-native and very novel community,=E2=80=9D=
 Nouns=E2=80=99=20
pseudonymous co-creatortold Decrypt=20
<https://decrypt.co/90860/bud-light-nouns-ethereum-nft-super-bowl-ad>.=20


Why it matters=E2=80=A6 Crypto prices are just one measure of the health of=
 the=20
cryptoeconomy. With a week left in January, OpenSea shattered its monthly s=
ales=20
volume record =E2=80=94=C2=A0tallyingmore than $4 billion in trading volume=
=20
<https://www.forbes.com/sites/jonathanponciano/2022/01/20/nfts-shatter-mont=
hly-trading-record-with-4-billion-in-sales-heres-why-theyre-still-booming-d=
espite-the-crypto-crash/?sh=3D280540907910>
, nearly 20% more than its previous monthly record of $3.4 billion set in=
=20
August. Also defying the broader downtrend is NBA Top Shot, which =E2=80=94=
 after=20
slumping for months =E2=80=94 launched a new ad campaign with Brooklyn Nets=
 star Kevin=20
Durant andsaw trade volume=20
<https://decrypt.co/91031/nba-top-shot-nft-rebound-in-30-day-volume-after-k=
evin-durant>
 surge 72% in the period between December 22 and January 22, with more than=
 $53=20
million in sales. And for many corporate giants, volatility doesn=E2=80=99t=
 seem to be a
major concern=20
<https://seekingalpha.com/news/3790779-former-goldman-sachs-ceo-lloyd-blank=
fein-says-crypto-is-happening-even-as-prices-tumble-cnbc>
. After all, it=E2=80=99s a common adage in crypto that thosewho build duri=
ng downturns=20
<https://twitter.com/davidmarcus/status/1485652386626428929?s=3D20> are bes=
t=20
positioned during rebounds.
Read our 2021 report=20
<https://downloads.ctfassets.net/7ca8qfn907uv/3VKO4X3YtMLI3yNBM0Usf3/d3f2ec=
0ca420da1680be7157f846be02/Coinbase_2021_YIR.pdf?src=3Dworldwideweb3_cta>
 <https://www.coinbase.com/earn?src=3Dearn_bytes>=20

 NUMBERS TO KNOW=20

$150,000

Amount=20
<https://www.globenewswire.com/news-release/2022/01/25/2372485/0/en/Coinbas=
e-Announces-New-Philanthropic-Initiative-and-Partnership-With-Hope-for-Hait=
i-and-Emerging-Impact.html>
 that Coinbase has granted to a pilot project in Haiti to distribute cash=
=20
assistance (in the form of stablecoins on the Celo blockchain) to hundreds =
of=20
families experiencing socioeconomic hardship due to years of conflict, the=
=20
pandemic, and a devastating earthquake last August. Dozens of local merchan=
ts=20
have been onboarded to the program and will be able to accept thestablecoin=
s=20
<https://www.coinbase.com/learn/crypto-basics/what-is-a-stablecoin> as paym=
ent=20
for goods.

349.5 ETH

Amount Brazilian soccer superstar Neymar Jr. spent on a pair of Bored Apes=
=20
<https://www.instagram.com/p/CY9vA69lngs/?utm_medium=3Dcopy_link> on Januar=
y 20,=20
equivalent to around $1 million at the time. The same day, Serena Williams=
=20
tweeted an image of a pink Ape given to her by her husband, Reddit co-found=
er
Alexis Ohanian <https://open.spotify.com/episode/7AAsVAw0nqrI8XmBLMGY5c>.=
=20
Ohanian purchased the NFT on January 5 for 117 ETH, which was worth around=
=20
$450,000 at the time. Commenting on Williams=E2=80=99tweet=20
<https://twitter.com/serenawilliams/status/1484159217791647751?s=3D20>, Oha=
nian=20
said: =E2=80=9CFirst I get you theSerenaPunk=20
<https://twitter.com/alexisohanian/status/1437572963495206916?s=3D20>, now =
I get=20
the pink ape you wanted=E2=80=A6 you realize I=E2=80=99m only gifting you N=
FTs from now on,=20
right?=E2=80=9D

75%

Approximate share of Bitcoin=E2=80=99s current supply that is considered =
=E2=80=9Cilliquid=E2=80=9D=20
<https://twitter.com/mskvsk/status/1484893902352048131/photo/1> because it=
=E2=80=99s=20
held offline in hardware wallets. Even as BTC prices have tumbled in recent=
=20
weeks, the share of illiquid supply has continued to rise, potentially=20
indicating that many holders have no intentions of selling.
Learn about crypto wallets=20
<https://www.youtube.com/watch?v=3DCZDgLG6jpgw&list=3DPL0zEUTVaoPOyZkd1kFSC=
0m47I6YwNFhuk&index=3D1?src=3Dnumberstoknow_cta>



 TUNE IN=20

How many humans does it take to run a blockchain?=20

How many people currently maintain Bitcoin=E2=80=99s network? What about Et=
hereum? On=20
this week=E2=80=99s episode of Coinbase=E2=80=99sAround The Block=20
<https://www.coinbase.com/around-the-block> podcast, Maria Shen =E2=80=94 a=
 partner at=20
early-stage venture firm Electric Capital =E2=80=94 joins hosts Justin Mart=
 and=20
Katherine Wu to discuss her brand-newreport=20
<https://medium.com/electric-capital/electric-capital-developer-report-2021=
-f37874efea6d>
 on the state of blockchain developers and the fastest-growing crypto=20
ecosystems.
Listen to Around The Block=20
<https://open.spotify.com/show/4QsMNyNEUDu62E3L1PSlWB?src=3Dtunein_cta>=20



 TOKEN TRIVIA=20

Which crypto blockchain is currently proof-of-stake?

A Bitcoin=20
B Ethereum=20
C Cardano=20
D Tether=20
Find the answer at the end of the email.
Learn about proof of stake=20
<https://www.coinbase.com/learn/crypto-basics/what-is-proof-of-work-or-proo=
f-of-stake?src=3Dtokentrivia_cta>



 NOW TRADING ON COINBASE=20

STX=20
STX is the native token of the Stacks network, which aims to enable DeFi,=
=20
NFTs, apps, and smart contracts for Bitcoin.
 <https://www.coinbase.com/price/stacks?bytes_new=3Dstacks>=20
PRO=20
PRO is an Ethereum token that powers Propy, a platform for international re=
al=20
estate transactions.
 <https://www.coinbase.com/price/propy?bytes_new=3Dpropy>=20
NCT=20
NCT is an Ethereum token that powers PolySwarm, a community and network for=
=20
detecting malware.
 <https://www.coinbase.com/price/polyswarm?bytes_new=3Dpolyswarm>=20
DIA=20
DIA is an Ethereum token that governs Decentralized Information Asset (DIA)=
,=20
an open source Web3 data and oracle platform.
 <https://www.coinbase.com/price/dia?bytes_new=3Ddia>=20


Trivia answer

C Cardano=20

 <https://itunes.apple.com/us/app/coinbase-bitcoin-wallet/id886427730?mt=3D=
8> =20
<https://play.google.com/store/apps/details?id=3Dcom.coinbase.android>=20
Disclaimer: This material is the property of Coinbase, Inc., its parent and=
=20
affiliates ("Coinbase"). The views and opinions expressed herein are those =
of=20
the author and do not necessarily reflect the views of Coinbase or its=20
employees and summarizes information and articles with respect to=20
cryptocurrencies or related topics that the author believes may be of inter=
est.=20
This material is for informational purposes only, and is not (i) an offer, =
or=20
solicitation of an offer, to invest in, or to buy or sell, any interests or=
=20
shares, or to participate in any investment or trading strategy, (ii) inten=
ded=20
to provide accounting, legal, or tax advice, or investment recommendations =
or=20
(iii) an official statement of Coinbase. No representation or warranty is m=
ade,=20
expressed or implied, with respect to the accuracy or completeness of the=
=20
information or to the future performance of any digital asset, financial=20
instrument or other market or economic measure. The information is believed=
 to=20
be current as of the date indicated on the materials. Recipients should con=
sult=20
their advisors before making any investment decision. Coinbase may have=20
financial interests in, or relationships with, some of the entities and/or=
=20
publications discussed or otherwise referenced in the materials. Certain li=
nks=20
that may be provided in the materials are provided for convenience and do n=
ot=20
imply Coinbase's endorsement, or approval of any third-party websites or th=
eir=20
content. Coinbase, Inc. is not registered or licensed in any capacity with =
the=20
U.S. Securities and Exchange Commission or the U.S. Commodity Futures Tradi=
ng=20
Commission.

 =C2=A9 Coinbase 2022=C2=A0| Coinbase Inc.
 100 Pine Street Suite 1250 | San Francisco, CA 94111 | US
 +1 (888) 908-7930

Unsubscribe=20
<https://links.coinbase.com/e/eh?_t=3D3aca56371967418192255878e9689713&_m=
=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSBCvaJHIEEUm06=
VetxVSXDw-ezkifKbE2eX4H-cum0A95e9T25a3yIR_SWd2pCvt4DHRMieS7k4zHTYHA0_CvNJr_=
gkX04SS5jyIL1lyBAE-9-kj6iWSeT0mvQqxP1Lm0lk-sJftyaww2JEDY_py4-ckLjWPsbkWSchq=
Uq5B8JCZ2OeW2POdO5uFdbbgjqaqFWszYPdWoXLlHL0Fe00uXNTOxfiGIpf1udMOZwBUp8FFLDW=
ljSFecuZb5Wf6YowI6OOoloOYgxRS_9z23Jw4mgb-IEDt2LNoGmu91LbXaFz5bb7lNQUJKzxbSF=
WfRrxxScGSuzacxbCJc38QQwI7VakDsCiHPdu6eTXRK9M2TBp2_TcOXuUMjLneOp_XDKWKmlpWl=
f1P0m0LW8WKyDLincc%3D>
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ze: 16px;color: #0A0B0D;"><span style=3D"color:transparent;visibility:hidde=
n;display:none;opacity:0;height:0;width:0;font-size:0;">The macroeconomic f=
orces pressuring the crypto markets. Plus, the biggest Web3 investments of =
the week.</span><img src=3D"https://links.coinbase.com/e/eo?_t=3D3aca563719=
67418192255878e9689713&amp;_m=3D9b80a1095a15488bad67d0d0c968da52&amp;_e=3Dw=
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word-break: break-word; margin: 0px auto;" class=3D"block-grid"> <div style=
=3D"padding: 0px 10px 10px;"> <div style=3D"text-align: right; margin-botto=
m: 24px;"><a href=3D"https://links.coinbase.com/e/evib?_t=3D3aca56371967418=
192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3Dwxy93FKQZpFui2=
OwetccYxLlzk34ccEGmaIZtN6aRPQS2XeoNS0acm9AlELmTsjFh1X0YGVFAZiBykynIvi6BLcLc=
kzzlNWb936OTkPMHlie3T2L4gmw9msa2PK5hHcEJKDttM484SrwbbMZDDjdXg%3D%3D" target=
=3D"_blank" rel=3D"noopener noreferrer" style=3D"color: rgb(91, 97, 110); t=
ext-decoration: none; line-height: 1.5; font-size: 12px;">View in browser</=
a></div> <div style=3D"margin-bottom: 20px;"> <table style=3D"width: 100%;"=
> <tbody> <tr> <td style=3D"text-align: left; vertical-align: middle;"><a h=
ref=3D"https://links.coinbase.com/a/click?_t=3D3aca56371967418192255878e968=
9713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSGxv1K7=
8f8jTGqpJ9AwC4zOfA_Q33hHYc0upKCtaXAKPcukGFxiyoOXAtguytaf6gqcz5ZhPnhunZCUYNG=
1Sx1BUI-oYs6xuz4VUtGPSm_wcBsJK2ovTrLoZmnLYFR6E9UOcBteLpLS3yWZR2_bBppbOQtxVG=
TXz1LmWpd9XhbSGRu6lPQoaRbFQSEx42wWMYeIHXfzTMzpNhy9Y_yhJ4-xWYqJ2I4m-2diDhTvP=
z1gDstKaTz_XjWaC628JfWjZwgNSa3j3S_GePJ4krpEvrC2Q9Zmo0bz6eRYgbDuqJ6fn2g5zZXa=
oRkQMrAhN5r7fgEciKEc129DAZi0YVmWS28T4zk0BLR8-pw3XKRRlbu10" title=3D"Coinbas=
e Bytes" target=3D"_blank" rel=3D"noopener noreferrer"><img src=3D"https://=
d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b6a-46bb-b=
d7e-c542cff6dd6a/3aca56371967418192255878e9689713/cbytes-4x.png" height=3D"=
36" style=3D"display: block; height: 36px;"></a></td> <td style=3D"text-ali=
gn: right;"><p style=3D"font-size: 20px; color: rgb(10, 11, 1); margin: 10p=
x 0px 0px;"> 26-Jan-2022 </p></td> </tr> </tbody> </table> </div> <a href=
=3D"https://links.coinbase.com/a/click?_t=3D3aca56371967418192255878e968971=
3&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSALH9g7fhX=
FYp4QkDZs7XiOGqPAF6DtsCwiz3-XwkInWaKkouGmtHKV_6Gf3blRs2lHiYUY82CXXLgZMZMggH=
olub0CVa7Ea7O74cBCy3Vb7-FD0hDCDS9DyhClTDX6XvSF22oV2wT8MezbnroCNTkhnP1hUHCa_=
rRzz3B1kVPKhBEj1S7dIMvfV_kba9MLhfZgN8ARRWp3H-KExUYEPtoCdQ-Fno4pESC6nmtAUl8F=
QJJPmEWZ7lQDDGgy6vH_1vHiKan2Y1l84SaiL09i_D4KCIs9eWWic3N_yKJIXIQeI54CV_s9kGy=
zEQgroci2x46H0EoeE25tarubZl73hOFdfeleilM6DeJGDfQUGYUQh" target=3D"_blank" r=
el=3D"noopener noreferrer"><img src=3D"https://images.ctfassets.net/q5ulk4b=
p65r7/PEm8f5huV7AGloMEbtKhv/209ecdf733da450232eed6478dc73d87/Spencer_Platt_=
via_Getty_Images.jpg" width=3D"100%" style=3D"display: block; width: 100%;"=
></a> <p style=3D"margin: 16px 0px 0px; line-height: 1.5; word-break: break=
-word; font-size: 12px; color: rgb(91, 97, 110);">From the S&amp;P 500 to t=
he crypto market, the beginning of 2022 has been rocky for many parts of th=
e global economy. [Spencer Platt via Getty Images]</p> <p style=3D"margin: =
48px 0px 16px; font-size: 32px; line-height: 1.26; word-break: break-word;"=
><strong>What=E2=80=99s up? It=E2=80=99s Coinbase Bytes </strong></p> <p st=
yle=3D"margin: 0px; line-height: 1.6; word-break: break-word;">There=E2=80=
=99s never a dull moment on the blockchain. Here=E2=80=99s what you need to=
 know this week:</p> <!--[if mso]><ul style=3D"line-height:1.6;mso-line-hei=
ght-alt:26px;"><![endif]--><!--[if !mso]><!-- --><ul style=3D"margin: 10px =
0px; padding-left: 24px; line-height: 1.6;"><!--<![endif]--> <li style=3D"m=
argin: 0px; padding: 6px 0px;"><strong>Crypto crashes to six-month lows. </=
strong>We=E2=80=99re taking a look at some of the forces behind the recent =
selloff.</li> <li style=3D"margin: 0px; padding: 6px 0px;"><strong>Tech gia=
nts bet big on Web3. </strong>Google, Facebook, Twitter, and more are inves=
ting in the web=E2=80=99s crypto-powered future.</li> <li style=3D"margin: =
0px; padding: 6px 0px;"><strong>The week in numbers. </strong>The amount of=
 BTC held offline in hardware wallets, and the key figures you need to know=
 this week.</li> </ul> <p style=3D"margin: 0px; padding: 0px;"></p> <!--[if=
 !mso]><!--> <div class=3D"desktop_hide" style=3D"mso-hide:all;display:none=
;max-height:0;overflow:hidden;"> <table style=3D"width:100%;table-layout:fi=
xed;margin:0;"> <tbody> <tr> <td style=3D"padding-top:40px;"> <a href=3D"ht=
tps://links.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=
=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSFffcah_n9nNLd=
5XVAo5kI8Hylz3J92rlXomGEUvKLwmCQUXHssAt8ZhshrBWlcBQ6b-vtAcmW2Paj6pRmFIFfQV_=
mLryq31690Vrt8gTxOWkcWhEOyXRKoU41XR5_RRp0fzcWH4DMJ8QQWAaK-wm-bwrwQDMZKhOyMA=
JX9bVrIifEC9CgPDGHTyCkrDPNalAxiAzY4Mf7iUTuNdWbNgMaYeY1o-jttoheQHEeN6zUGw4gt=
n8LJUERqIsLUkFDkJQQYinXZhp6MzSo9-NrjcBl2H_f9gTGu5VzVoV4tqDZT9tlWAOS-kczZdho=
lSiLyczWg-eEQKLX2i53aLBohU374-33MyaT-okifw938VrEhycT1_Uv0puO9qJHTYM1kD-DZZ7=
gQwVOGjZpHfs8IecEI%3D" target=3D"_blank" style=3D"text-decoration:none;colo=
r:#0A0B0D;"> <table> <tbody> <tr> <td style=3D"padding:0;vertical-align:top=
;"><img src=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrato=
rs/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/do=
wn-arrow.png" style=3D"height:12px;width:12px;margin:2px 0px 0px 0px;vertic=
al-align:top;" height=3D"12" width=3D"12"/></td><td style=3D"padding:0;vert=
ical-align:top;"> <div style=3D"text-align:left;margin:0px 0px 0px 10px;lin=
e-height:1;"> <p style=3D"margin:0;"><strong>Bitcoin</strong></p><p style=
=3D"margin:8px 0px;">=C2=A328,204.74</p><p style=3D"margin:0;font-size:12px=
;">-8.25%</p></div></td></tr></tbody> </table> </a> </td> <td style=3D"padd=
ing-top:40px;"> <a href=3D"https://links.coinbase.com/a/click?_t=3D3aca5637=
1967418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu=
6wvml4DY8pGaXSFffcah_n9nNLd5XVAo5kI-Gmo0qQbwjZY53TMjxQGsw1V--tpF9s25ZFe5v3V=
MAXteblcXmAbi8UBidwEcb1tMnFPLZvwXHRZiVxIxGdmtBg93PqKLmlkNb6JxLFuULQnkSbxU8b=
l78VSx44mdaiuH8E3z-DnMeLFBFHQaEIJVjwksbA1PowTAPAXWiDW0mSN1MSPNTVq-G9LvSdMLg=
5_hovJxNUHOcWP9VIlzSLLPdbqlifoXUqRSI6ORWMGGAjJiwnrA3FdqO9_B1AMBT44iSFP_oBQZ=
55ikGVPrmPc40VPwA7EKj4iNdFIY3nuNhVr0QXa_TSR9XznWkTcc1Wu-BIT4k8Bl0OsJwblwOFC=
H5WFSWxtlrQQH2MhuJxbfSgww-QdwuFeYXir_OlIeav6Q%3D" target=3D"_blank" style=
=3D"text-decoration:none;color:#0A0B0D;"> <table> <tbody> <tr> <td style=3D=
"padding:0;vertical-align:top;"><img src=3D"https://d15k2d11r6t6rl.cloudfro=
nt.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca56=
371967418192255878e9689713/down-arrow.png" style=3D"height:12px;width:12px;=
margin:2px 0px 0px 0px;vertical-align:top;" height=3D"12" width=3D"12"/></t=
d><td style=3D"padding:0;vertical-align:top;"> <div style=3D"text-align:lef=
t;margin:0px 0px 0px 10px;line-height:1;"> <p style=3D"margin:0;"><strong>E=
thereum</strong></p><p style=3D"margin:8px 0px;">=C2=A31,877.85</p><p style=
=3D"margin:0;font-size:12px;">-16.93%</p></div></td></tr></tbody> </table> =
</a> </td> </tr> <tr> <td style=3D"padding-top:20px;"> <a href=3D"https://l=
inks.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D9b80a1=
095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSFffcah_n9nNLd5XVAo5kI9=
FZrvusVxVrK-V62xTJo7X98wSuk6Rw4vENveUOi-Lm2THuk3h4S773iwB0xp_93SXbTqUmtZmrI=
4HgEwXJwRLLSuFOZq7NuvA6v1UQ9ECbxiZNtaPbHNmQG0JpeBBpauwUC5bAaBSroqkK6mDgUt_z=
JxT25ImutM_yUH4Q-GjQwQSxoqVCCnAx2_B8dwgdjlKSl33FjV0c2r4GTQYDQ-1agSuEmkAjIge=
K_srdvIm2okzWfI81SK3SrElyWxoRIDeeMCa-noTLfwO2Xvn1fN2dyaL7TsMTNmdYBHqixylH0V=
56nk0mxJ5jLKkqAgIpq6noQ0LpCXVeqpZgQQfv5Ee3PJtQK-HbVEEGcwSUzcgliyz1ZmfaADbGq=
x5ks6U5i0%3D" target=3D"_blank" style=3D"text-decoration:none;color:#0A0B0D=
;"> <table> <tbody> <tr> <td style=3D"padding:0;vertical-align:top;"><img s=
rc=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d57=
13-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/down-arrow.=
png" style=3D"height:12px;width:12px;margin:2px 0px 0px 0px;vertical-align:=
top;" height=3D"12" width=3D"12"/></td><td style=3D"padding:0;vertical-alig=
n:top;"> <div style=3D"text-align:left;margin:0px 0px 0px 10px;line-height:=
1;"> <p style=3D"margin:0;"><strong>Cardano</strong></p><p style=3D"margin:=
8px 0px;">=C2=A30.79</p><p style=3D"margin:0;font-size:12px;">-22.49%</p></=
div></td></tr></tbody> </table> </a> </td> <td style=3D"padding-top:20px;">=
 <a href=3D"https://links.coinbase.com/a/click?_t=3D3aca5637196741819225587=
8e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSF=
ffcah_n9nNLd5XVAo5kI_XjYUASaVUshTaa7kzKb2JWLfNiVbLzbHTC-JsBnLgco6b-6XuhSQYF=
lVNzwsWroUXmWY4vA5ASgaHXd9RbxtCJfywyhF4G4Cl3u_EReSO_niRYMut0tcww6-tXuCMfaOA=
DrbWWzic00rcy-CA_dPfs5CUiwbDGCxZiSSMP6mQ8yFWyiYfwBeTOTjXxuKtlnAX3T56-6O-pfw=
RMMmqSqg8Ec_4bOK7A-jV9kSHatc9mIh5vjf00pA_JNG0yajYl_iI6GD-SXVpWSwkVMCacvcaVN=
SxxTk0DGNAxqczflbNWgCmpgGJPEnrumNf77SdCgnROW5bOG1KRUFB_JnzYamy2ivYLjPP3qR0_=
Xpy_2VBZugjLQMyUTeh46Nd5F72WFo%3D" target=3D"_blank" style=3D"text-decorati=
on:none;color:#0A0B0D;"> <table> <tbody> <tr> <td style=3D"padding:0;vertic=
al-align:top;"><img src=3D"https://d15k2d11r6t6rl.cloudfront.net/public/use=
rs/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca5637196741819225587=
8e9689713/down-arrow.png" style=3D"height:12px;width:12px;margin:2px 0px 0p=
x 0px;vertical-align:top;" height=3D"12" width=3D"12"/></td><td style=3D"pa=
dding:0;vertical-align:top;"> <div style=3D"text-align:left;margin:0px 0px =
0px 10px;line-height:1;"> <p style=3D"margin:0;"><strong>Solana</strong></p=
><p style=3D"margin:8px 0px;">=C2=A372.08</p><p style=3D"margin:0;font-size=
:12px;">-27.13%</p></div></td></tr></tbody> </table> </a> </td> </tr> <tr> =
<td style=3D"padding-top:20px;"> <a href=3D"https://links.coinbase.com/a/cl=
ick?_t=3D3aca56371967418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968=
da52&_e=3DlU3Awtu6wvml4DY8pGaXSFffcah_n9nNLd5XVAo5kI8YIhS3YYsOr0Ypkl-nCsNux=
L04x14oecxCtkEnqd4Js2Mc4Z2P0bQD3MbBdd_yufBGPjBsp5e6v1uMf7FG5shwbGUM0UXsvuu7=
3kKiN2Bd2lUVbCaMUETLPONYvV_RoOkCtcBHDxxhqhQBl5oAsH_P9Na0Yq6j0uDus93XDSxo-dh=
GcrwTbFDBPLAKmyvB--SBcG71z5eCHiXh9busIxDRIGA76kxYZ6Fl0casKscELvG0pRy_2FzgT1=
w8Wdd1hRo9Y6EnEFgnE3SkGrIO9IW_Dz2UcNWHbfPrTkiRzVUZygx22tcTx4KNw25CINpLxSsPM=
zyKnn1utm_w3Hchu3MfIPaNhEeDYe4bQDMQqt7CtSFgfmvwDXK1suO-xOpV5IA%3D" target=
=3D"_blank" style=3D"text-decoration:none;color:#0A0B0D;"> <table> <tbody> =
<tr> <td style=3D"padding:0;vertical-align:top;"><img src=3D"https://d15k2d=
11r6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c5=
42cff6dd6a/3aca56371967418192255878e9689713/down-arrow.png" style=3D"height=
:12px;width:12px;margin:2px 0px 0px 0px;vertical-align:top;" height=3D"12" =
width=3D"12"/></td><td style=3D"padding:0;vertical-align:top;"> <div style=
=3D"text-align:left;margin:0px 0px 0px 10px;line-height:1;"> <p style=3D"ma=
rgin:0;"><strong>Dogecoin</strong></p><p style=3D"margin:8px 0px;">=C2=A30.=
11</p><p style=3D"margin:0;font-size:12px;">-6.67%</p></div></td></tr></tbo=
dy> </table> </a> </td> <td style=3D"padding-top:20px;"> <a href=3D"https:/=
/links.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D9b80=
a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSFffcah_n9nNLd5XVAo5k=
I8JXgrzRqQmVG2tX1ZPK-DompCqFA3ZFafYLroQAP9c1Ahz9CkrAb1Aes8Nqsy7LsvlTWLes6_F=
tpkqox1_R6OauQlHxBE_GeBFhlxCfg2u_xsI-PlZeeOqyngpvmOE3dB3cjYG1mYmtbalUthLMc6=
Z81pkZQ-ebwTk7idDOEZYn4PVUQX2RWZ79VhAYGyvDLYmNl4f8ntIj1S-nAxl3_N-EfxhbEADv_=
mQPZi7hhO42Hy14nA40fONe4vIT3bDR7ueAL9o2QhfDQT1T42Ro6FaPtwsRe4gb39MQLtQuznLv=
Xqmu9sYZmsqqeKAdaaDUyJBeICoqa7K1NfHquhOIM6YOosh1DxISHTP9xkPmdgdyqnocO6omglp=
EltqV0aV98Q%3D" target=3D"_blank" style=3D"text-decoration:none;color:#0A0B=
0D;"> <table> <tbody> <tr> <td style=3D"padding:0;vertical-align:top;"><img=
 src=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d=
5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/down-arro=
w.png" style=3D"height:12px;width:12px;margin:2px 0px 0px 0px;vertical-alig=
n:top;" height=3D"12" width=3D"12"/></td><td style=3D"padding:0;vertical-al=
ign:top;"> <div style=3D"text-align:left;margin:0px 0px 0px 10px;line-heigh=
t:1;"> <p style=3D"margin:0;"><strong>Polkadot</strong></p><p style=3D"marg=
in:8px 0px;">=C2=A314.03</p><p style=3D"margin:0;font-size:12px;">-21.36%</=
p></div></td></tr></tbody> </table> </a> </td> </tr> </tbody> </table> </di=
v> <!--<![endif]--> <div class=3D"mobile_hide"> <table style=3D"width:100%;=
table-layout:fixed;margin:0;"> <tbody> <tr> <td style=3D"padding-top:40px;"=
> <a href=3D"https://links.coinbase.com/a/click?_t=3D3aca563719674181922558=
78e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXS=
Fffcah_n9nNLd5XVAo5kI8Hylz3J92rlXomGEUvKLwmCQUXHssAt8ZhshrBWlcBQ6b-vtAcmW2P=
aj6pRmFIFfQV_mLryq31690Vrt8gTxOWkcWhEOyXRKoU41XR5_RRp0fzcWH4DMJ8QQWAaK-wm-Y=
PddGsJ45oqzDOq5rlDRYXKNPnrdJaU8I9REJpSonAqxI5J5dHQRLqMsrbpUrovD34N_mT0OpCLP=
utHhzBuLQ5zc5pFC7rEYbk3oN7qyVatYWq0cvZu25JSCGYdCMkZAA3sJ89RPUdSxgX7ICvB3QBc=
cGHOwDWx5v6VyWanyg2heq7qS8u5qmnohIRx667BAuBHv-pys1zGKnjQIV1U_KwX3nYN7eshN_4=
pcl8Ty5QAcCMy8MT_MHg8NgAV4za8TY%3D" target=3D"_blank" style=3D"text-decorat=
ion:none;color:#0A0B0D;"> <table> <tbody> <tr> <td style=3D"padding:0;verti=
cal-align:top;"><img src=3D"https://d15k2d11r6t6rl.cloudfront.net/public/us=
ers/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca563719674181922558=
78e9689713/down-arrow.png" style=3D"height:12px;width:12px;margin:2px 0px 0=
px 0px;vertical-align:top;" height=3D"12" width=3D"12"/></td><td style=3D"p=
adding:0;vertical-align:top;"> <div style=3D"text-align:left;margin:0px 0px=
 0px 10px;line-height:1;"> <p style=3D"margin:0;"><strong>Bitcoin</strong><=
/p><p style=3D"margin:8px 0px;">=C2=A328,204.74</p><p style=3D"margin:0;fon=
t-size:12px;">-8.25%</p></div></td></tr></tbody> </table> </a> </td> <td st=
yle=3D"padding-top:40px;"> <a href=3D"https://links.coinbase.com/a/click?_t=
=3D3aca56371967418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&_=
e=3DlU3Awtu6wvml4DY8pGaXSFffcah_n9nNLd5XVAo5kI-Gmo0qQbwjZY53TMjxQGsw1V--tpF=
9s25ZFe5v3VMAXteblcXmAbi8UBidwEcb1tMnFPLZvwXHRZiVxIxGdmtBg93PqKLmlkNb6JxLFu=
ULQnkSbxU8bl78VSx44mdaiuH8E3z-DnMeLFBFHQaEIJVjIbBvBvOnR48Tr23BlY0AtH7I18en_=
rahXR9346bjIDT6P33MhNot27WmGqFYTPT7KRd4HwTttSzMws1MZHeNEmuGBWNcPUPf6V2T4bc5=
oE9IOiY8UtsEpokOLTDOeT1f9aq0MjGEmaS6FKjg9_BcaGc3bmMVpwnGVJds-hU6zqoXnMmUY0m=
yvQH0EIv3pr30t3A161L48KtTue9ObkQuS3tvJ-33R0lLX2lc3xTJJyI%3D" target=3D"_bla=
nk" style=3D"text-decoration:none;color:#0A0B0D;"> <table> <tbody> <tr> <td=
 style=3D"padding:0;vertical-align:top;"><img src=3D"https://d15k2d11r6t6rl=
.cloudfront.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd=
6a/3aca56371967418192255878e9689713/down-arrow.png" style=3D"height:12px;wi=
dth:12px;margin:2px 0px 0px 0px;vertical-align:top;" height=3D"12" width=3D=
"12"/></td><td style=3D"padding:0;vertical-align:top;"> <div style=3D"text-=
align:left;margin:0px 0px 0px 10px;line-height:1;"> <p style=3D"margin:0;">=
<strong>Ethereum</strong></p><p style=3D"margin:8px 0px;">=C2=A31,877.85</p=
><p style=3D"margin:0;font-size:12px;">-16.93%</p></div></td></tr></tbody> =
</table> </a> </td> <td style=3D"padding-top:40px;"> <a href=3D"https://lin=
ks.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D9b80a109=
5a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSFffcah_n9nNLd5XVAo5kI9FZ=
rvusVxVrK-V62xTJo7X98wSuk6Rw4vENveUOi-Lm2THuk3h4S773iwB0xp_93SXbTqUmtZmrI4H=
gEwXJwRLLSuFOZq7NuvA6v1UQ9ECbxiZNtaPbHNmQG0JpeBBpavu9GUNO8T5K0tgz23YJrJ3OIH=
3jsYdInjqLT2BYEwHOKr16N8ehd8SP4TNizOpctkCn9YSu3xItH-dx6DharpDhQAmybEvTXXjeR=
KhuhCasQQy5VCNxb4WUwluW1kTu6G3w6lpj7Z6364QbXBetuC2s-CwaiO-mhaN7w2wM_0mDvJEE=
Gg1GhguTyxyTxMZUTioJnQ6Lo9dmtWhkmJRdx_3DZekotU8d43LT1YJb6-KODbg8BGsV-rrEQ9M=
MhQRbv8%3D" target=3D"_blank" style=3D"text-decoration:none;color:#0A0B0D;"=
> <table> <tbody> <tr> <td style=3D"padding:0;vertical-align:top;"><img src=
=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d5713=
-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/down-arrow.pn=
g" style=3D"height:12px;width:12px;margin:2px 0px 0px 0px;vertical-align:to=
p;" height=3D"12" width=3D"12"/></td><td style=3D"padding:0;vertical-align:=
top;"> <div style=3D"text-align:left;margin:0px 0px 0px 10px;line-height:1;=
"> <p style=3D"margin:0;"><strong>Cardano</strong></p><p style=3D"margin:8p=
x 0px;">=C2=A30.79</p><p style=3D"margin:0;font-size:12px;">-22.49%</p></di=
v></td></tr></tbody> </table> </a> </td> </tr> <tr> <td style=3D"padding-to=
p:20px;"> <a href=3D"https://links.coinbase.com/a/click?_t=3D3aca5637196741=
8192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4=
DY8pGaXSFffcah_n9nNLd5XVAo5kI_XjYUASaVUshTaa7kzKb2JWLfNiVbLzbHTC-JsBnLgco6b=
-6XuhSQYFlVNzwsWroUXmWY4vA5ASgaHXd9RbxtCJfywyhF4G4Cl3u_EReSO_niRYMut0tcww6-=
tXuCMfaPbL3m9jbKCN8XQgoN_7D-ix5VD_1GLdhcTZUmRyewUCrHZ2arHlkn8z2TB5I3Qxwu68m=
vNhlCCTBdt0dBXl717TgsVmRTeS5oa5PhMo3oBciiBLiaGtP-t1qmP3QWprAogmtBLkms3lvRV9=
83qCzO7uSYPfdAmYXdFtxD3Xq6JtyT8Vl0Ce3GDnUDMIS8LgzZjKxoZPocN8E8ZCHDwTsZEbgV1=
_EDO5oRUgc80Ewnk__E6k5_UebDvcSDhT9AC6n0%3D" target=3D"_blank" style=3D"text=
-decoration:none;color:#0A0B0D;"> <table> <tbody> <tr> <td style=3D"padding=
:0;vertical-align:top;"><img src=3D"https://d15k2d11r6t6rl.cloudfront.net/p=
ublic/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca5637196741=
8192255878e9689713/down-arrow.png" style=3D"height:12px;width:12px;margin:2=
px 0px 0px 0px;vertical-align:top;" height=3D"12" width=3D"12"/></td><td st=
yle=3D"padding:0;vertical-align:top;"> <div style=3D"text-align:left;margin=
:0px 0px 0px 10px;line-height:1;"> <p style=3D"margin:0;"><strong>Solana</s=
trong></p><p style=3D"margin:8px 0px;">=C2=A372.08</p><p style=3D"margin:0;=
font-size:12px;">-27.13%</p></div></td></tr></tbody> </table> </a> </td> <t=
d style=3D"padding-top:20px;"> <a href=3D"https://links.coinbase.com/a/clic=
k?_t=3D3aca56371967418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da=
52&_e=3DlU3Awtu6wvml4DY8pGaXSFffcah_n9nNLd5XVAo5kI8YIhS3YYsOr0Ypkl-nCsNuxL0=
4x14oecxCtkEnqd4Js2Mc4Z2P0bQD3MbBdd_yufBGPjBsp5e6v1uMf7FG5shwbGUM0UXsvuu73k=
KiN2Bd2lUVbCaMUETLPONYvV_RoOkCtcBHDxxhqhQBl5oAsH_PhoogrXv58iF0Ad-3lNuE_cO9R=
RaV3u1IEleM0a6lo4eAyE5Tr2rkSZIrQMC98o4VIJZGmZSvwMfDSt7Ub7dPybu3YeKRwkd7fLw4=
_KLJktBvCRgwZUZ-Z_XBcFDBs08XnaqePxl1pRN3xtPPbgTbOPNUq4skMvrDszk_kVTig8LUwzh=
CEqDlCSTqHb136lkcbCf--HAue-CHh2huAYZ1UhLxzcf2OO6UvPmr8yG61Pg%3D" target=3D"=
_blank" style=3D"text-decoration:none;color:#0A0B0D;"> <table> <tbody> <tr>=
 <td style=3D"padding:0;vertical-align:top;"><img src=3D"https://d15k2d11r6=
t6rl.cloudfront.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cf=
f6dd6a/3aca56371967418192255878e9689713/down-arrow.png" style=3D"height:12p=
x;width:12px;margin:2px 0px 0px 0px;vertical-align:top;" height=3D"12" widt=
h=3D"12"/></td><td style=3D"padding:0;vertical-align:top;"> <div style=3D"t=
ext-align:left;margin:0px 0px 0px 10px;line-height:1;"> <p style=3D"margin:=
0;"><strong>Dogecoin</strong></p><p style=3D"margin:8px 0px;">=C2=A30.11</p=
><p style=3D"margin:0;font-size:12px;">-6.67%</p></div></td></tr></tbody> <=
/table> </a> </td> <td style=3D"padding-top:20px;"> <a href=3D"https://link=
s.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D9b80a1095=
a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSFffcah_n9nNLd5XVAo5kI8JXg=
rzRqQmVG2tX1ZPK-DompCqFA3ZFafYLroQAP9c1Ahz9CkrAb1Aes8Nqsy7LsvlTWLes6_Ftpkqo=
x1_R6OauQlHxBE_GeBFhlxCfg2u_xsI-PlZeeOqyngpvmOE3dB3cjYG1mYmtbalUthLMc6ZX6qB=
Sv6ZDq73zWKZtVwfLNGcmdQC8W2YQt8Xkln6cmz6nqf3IbEJzrmfxRozcoxfyktids3Vp7EbQ_v=
yLpQFfZ5A5Zn8yGTmihmUUFxCwPXZqi4ob5T-eFctSQ-cvWoHPrIfNLt3KxFAVg0ia512GUgy_P=
IwE99A7xgogWYTMeqxI229nhaQUXSA83oeesUlO0SFI1O_iOksZCkruVuT6Swjmr_eIttwM_w32=
dffYog%3D" target=3D"_blank" style=3D"text-decoration:none;color:#0A0B0D;">=
 <table> <tbody> <tr> <td style=3D"padding:0;vertical-align:top;"><img src=
=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d5713=
-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/down-arrow.pn=
g" style=3D"height:12px;width:12px;margin:2px 0px 0px 0px;vertical-align:to=
p;" height=3D"12" width=3D"12"/></td><td style=3D"padding:0;vertical-align:=
top;"> <div style=3D"text-align:left;margin:0px 0px 0px 10px;line-height:1;=
"> <p style=3D"margin:0;"><strong>Polkadot</strong></p><p style=3D"margin:8=
px 0px;">=C2=A314.03</p><p style=3D"margin:0;font-size:12px;">-21.36%</p></=
div></td></tr></tbody> </table> </a> </td> </tr> </tbody> </table> </div> <=
p style=3D"margin: 20px 0px 0px; line-height: 1.5; word-break: break-word; =
color: rgb(91, 97, 110); font-size: 12px;">Price changes are for the past w=
eek, ending on Jan 26, 2022 at 11:02 AM UTC</p> <div class=3D"cta_button" s=
tyle=3D"margin: 24px 0px 0px; padding: 0px; width: 50%;"><!--[if mso]><tabl=
e width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"=
border-spacing:0;border-collapse:collapse;mso-table-lspace:0pt;mso-table-rs=
pace:0pt;"><tr><td style=3D"padding:0;" align=3D"left"> <v:roundrect xmlns:=
v=3D"urn:schemas-microsoft-com:vml" xmlns:w=3D"urn:schemas-microsoft-com:of=
fice:word" href=3D"https://links.coinbase.com/a/click?_t=3D3aca563719674181=
92255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY=
8pGaXSFffcah_n9nNLd5XVAo5kI-lps5SZfE-W4OQa9EOLlhfqgcxhEJqrCVVAHmaFhLphdl5m0=
9rlBhcUWxe_li-vASwySg9IfLJyJX5tBNNrko4kS-gULBj9NVJYhXqinSF6VjOfvBn1Z5suAAdu=
hyB2dPPZkBLoRX98oLwikUknenp6_XulwXTRzJiCp3WVdFENEQQAiIEZk3MlgJxksPKN-5mf7UN=
JyWEOQyUOYEKjy6Gdz3teBkmxv-PzmyVyaYGGzwZ1sg66AI4QnAEAh7QYwTA-x4tv6Myd2j3SPC=
19_svH1WuX6CgWtfv4QytzV-_UjM9Yw081usj1JSi062PZ5b1oXwggtJ73zOUgufsuTBp" styl=
e=3D"width:350pt;v-text-anchor:middle;" arcsize=3D"17%" stroke=3D"false" fi=
llcolor=3D"#0052ff"> <w:anchorlock/><v:textbox inset=3D"0,0,0,0"><center st=
yle=3D"font-family: Helvetica Neue, Helvetica, Arial, sans-serif;"><![endif=
]--><a href=3D"https://links.coinbase.com/a/click?_t=3D3aca5637196741819225=
5878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGa=
XSFffcah_n9nNLd5XVAo5kI-lps5SZfE-W4OQa9EOLlhfqgcxhEJqrCVVAHmaFhLphdl5m09rlB=
hcUWxe_li-vASwySg9IfLJyJX5tBNNrko4kS-gULBj9NVJYhXqinSF6ShYv1-VdewDmUNSfUKkR=
KkgDh0v5Uge65sEvv6hhbz3PqzJNGj22PfJUX87LX8K8mwf1i1M51ENQMVmZu4fmEZc7uI_ysOd=
gIv9q6e4LfpdhRUdZbf3AkDGrT5fYzdU7RP71oIkgt5e4zLCyAmR3mWy2vPH8iH65oZ1VIssTXh=
JFSlVdwh7uNUUEMJECp3Fa4gXv9jQLw0zRM9imsM6bUP-LTSKxHxQtwFtzXpJZSIt" target=
=3D"_blank" rel=3D"noopener noreferrer" style=3D"display: block; margin: 0p=
x; line-height: 1.2; font-size: 16px; text-decoration: none; color: rgb(255=
, 255, 255); background-color: rgb(0, 82, 255); border-radius: 8px; text-al=
ign: center; padding: 18px 0px;"><strong>See the latest prices</strong></a>=
<!--[if mso]></center></v:textbox></v:roundrect></td></tr></table><![endif]=
--></div> <table width=3D"100%" role=3D"presentation" valign=3D"top" style=
=3D"table-layout: fixed; vertical-align: top; border-spacing: 0px; border-c=
ollapse: collapse; min-width: 100%; text-size-adjust: 100%;"> <tbody> <tr s=
tyle=3D"vertical-align: top;"> <td valign=3D"top" style=3D"word-break: brea=
k-word; vertical-align: top; min-width: 100%; text-size-adjust: 100%; paddi=
ng: 48px 0px;"><table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" widt=
h=3D"100%" align=3D"center" role=3D"presentation" valign=3D"top" style=3D"t=
able-layout: fixed; vertical-align: top; border-spacing: 0px; border-collap=
se: collapse; border-top: 2px solid rgb(222, 224, 226); width: 100%;"> <tbo=
dy> <tr style=3D"vertical-align: top;"> <td valign=3D"top" style=3D"word-br=
eak: break-word; vertical-align: top; text-size-adjust: 100%;"><span></span=
></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <div> <table st=
yle=3D"margin: 0px; padding: 0px;"> <tbody> <tr> <td style=3D"margin: 0px; =
padding-right: 11px; vertical-align: middle;"><img src=3D"https://d15k2d11r=
6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542c=
ff6dd6a/3aca56371967418192255878e9689713/dot-1.5x.png" width=3D"12" height=
=3D"12" style=3D"display: block; width: 12px; height: 12px;"></td> <td styl=
e=3D"margin: 0px; padding: 0px; vertical-align: middle;"><p style=3D"margin=
: 0px; font-size: 16px; letter-spacing: 0.075em;"><strong> DARK SIDE OF THE=
 MOON </strong></p></td> </tr> </tbody> </table> <p style=3D"margin: 5px 0p=
x 0px; font-size: 32px; line-height: 1.26; word-break: break-word;"><strong=
>Crypto, stock markets shudder in the face of global tensions and interest-=
rate fears </strong></p> </div> <p style=3D"margin: 16px 0px 0px; line-heig=
ht: 1.6; word-break: break-word;">Brace yourselves, because things have got=
ten rocky. Markets of all kinds took a significant hit in the last week, as=
 a slew of headlines =E2=80=94 from Russia=E2=80=99s saber-rattling in Ukra=
ine to the likelihood that the Federal Reserve will soon announce interest-=
rate hikes in the face of historic inflation =E2=80=94 pushed investor sent=
iment to some moody places. For the week, Bitcoin lost roughly 10%, Ethereu=
m is down around 20%, the S&amp;P 500 dipped 4%, and the tech-stock heavy N=
asdaq fell 5%. It=E2=80=99s enough to get even the <a href=3D"https://links=
.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D9b80a1095a=
15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSNYLB2uxhlulrhElqiHBskohDq3=
R_p3_ZR5VZgxeNYGjRovIPQF-e3eAewMGByvDm4IXh31CaheoJMAundxIey1ks75RpIL5MN8cxR=
ne2yGrFLqO2bd5RFUt1Qy1z-kgVoNQs67BtCY_ENvDp0L6aumE4NQWFA7s2_b2Coo68vVXrePuG=
5rXrm8Aw5qeNHRb5IRi20HvgW9e6I1QdKgse5O8kK4D8rO0wrpgoVZTT7deKA-ToTs9m8BPBrbT=
VzobvHqboqaFAPUzQfZDkkCBUE8pqWBPXJnBzD0swAVy5WpVcX-sCCkD-dGvGS22NukBxaY3P85=
6EeFAu-zmPZ0DljvpUW06V2SCXYzUhyYAnIzSNClG24ACHifUuLTLYQGKOW2Ao003HmDKqiL6jt=
h3s_gEJTEHAeFBZVNEgqtjlm-IDEdgs4l5saAWV_KOHpLskQ%3D%3D" target=3D"_blank" r=
el=3D"noopener noreferrer">diamond-hands</a>-iest of hodlers sweating! But =
we=E2=80=99re here to put the current dip into context: What=E2=80=99s driv=
ing it? And are there any silver linings? Let=E2=80=99s dig in.</p> <!--[if=
 mso]><ul style=3D"line-height:1.6;mso-line-height-alt:26px;"><![endif]--><=
!--[if !mso]><!-- --><ul style=3D"margin: 10px 0px 0px; padding-left: 24px;=
 line-height: 1.6;"><!--<![endif]--> <li style=3D"margin: 0px; padding: 6px=
 0px;"><strong>The growing possibility of conflict between Russia and Ukrai=
ne </strong><a href=3D"https://links.coinbase.com/u/click?_t=3D3aca56371967=
418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvm=
l4DY8pGaXSAS6YIu0jFoSbW14XDfgiRwZuRN4XL3g3PG29nz5ci5ppZ3YCPIbwZ4V65u1aISnKv=
KpqAJg39cDEp2J-Y6WPt0Tn6kikCVJf2l8PoEOhF3oThpuEVgpHXYWl6dTKJwUziI4V-eAWMa0A=
Jz1zZLMxBLq7oGLHYHHWoS4YGUBwXi9S9f5hzvWLlc02mzC6SGQaCijarRNMQJaRCgvS87zT83h=
15Rvxx-85zplugecUkjvEL1e0vtT9tgYWkFyozluSQd0wNRo3qUDshb-BVRF93shaNeeCMP_AK8=
f4OFDoApVgPZL7Dg8u37dgdYXFTstVvm3tJpiyeUQ1PiS1xlPsGezmhIwdPP8yjZwg7smkTTY6k=
60zMo_JHhNr1051rmdZHfo_znPNFmDe_mV8NAzgX9rMfPnMou5OiSodWCbjHpcnwvascas-s8p0=
Mzo-puWEw%3D%3D" target=3D"_blank" rel=3D"noopener noreferrer"><strong>fuel=
ed</strong></a><strong> global market whiplash on Monday, </strong>as the S=
&amp;P 500 shed 4%, the NASDAQ lost 5%, and Bitcoin fell roughly 8% =E2=80=
=94 although all entered <a href=3D"https://links.coinbase.com/u/click?_t=
=3D3aca56371967418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&_=
e=3DlU3Awtu6wvml4DY8pGaXSCXLb5NEcaSpEQKVagWLacuDmVwZ8GoEMUyiL6qYENDA5CTsC4P=
GbXU3qUrfRrLOF_Hln4myYyhGnyVppSpZBP1qlrHqnOGMGnDsSlPu2BPdGnedwcbKIusp2gGhrv=
152xIsDExvsQUrleggd4e25MU1_l8pMTV6tPB1l2ITZLB450Xk7q3XmBezVCjBsD-r3bxMBs1wZ=
VboKEExWdAHasmf6vN7TTr5SNF6Ccap6ulV7tOAwCWFO_R7o1et__qSeyMKpD_6NW-0YClZ3a7x=
krJVqh84xohSbhDJ-ZBVBFAryAcw_64tlb27-1XAemkVyBVxuz5QhplFBdepPKgrsCv6zhC50-S=
2sHBMG5QJ9N6Gcvz4XpOtl2vtaXA81QrQiCI5VqO0DpuAH9zt85c_aQuhHzKHKmq8VWLsdd9Ba9=
8VHu1WxqQ50gNLLXO5vHFxdGW-5nu8X91HWjhN6Md0lkVNoQC4jf9fkLf5u_WPf4lQ" target=
=3D"_blank" rel=3D"noopener noreferrer">positive</a> territory by the time =
U.S. markets closed. The conflict seems likely to inflame the long-simmerin=
g relationship between the U.S. and Russia with unpredictable effects on ma=
rkets. Speaking to <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca5=
6371967418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3A=
wtu6wvml4DY8pGaXSEExrZwipY82M1bC-9C_080oLe_uBZ9IjIaGgMXrVidY8RihmdA1uq12tog=
CYxxynW5v__fZICP49wvyZxnUUrHnIkXEs5dmLNgRHjl_8Ha8I6yrs6kDezsD94iSIu7X-7LWME=
fS2CvHc9UvQZ2E-ijiSCZ-SAS6f4pN-yZ-K0pv6oxbzvXX7mbJ3f1YM-Ytc5EufH4A2x48AqSRT=
w-fuyXadX56mPu92orXCePXkr2YUIQbaQ84nZGM31UEsqZEfVrAQrERJ9jZgEbw-Hcrr8ClD29t=
Z67XZQHydqg0YCEAMx0DuHgr_RW2Y-_l6q44ZX8mWeWfhXh5YIeUdd3OGmPHsLYZuLKLgFxk4u6=
lM4iixG_nwqCu0InDqGr7M8MzA_cCDekrNghgfoyrx0iTop9iwcPHKEmOAQBum0-V36yrboNkUp=
ZPk7WanHOGL4JidHKsusUGkY93fJe1AhQMGBA%3D" target=3D"_blank" rel=3D"noopener=
 noreferrer">The Wall Street Journal</a>, one analyst noted potential impac=
ts including the closure of the U.S. financial system to Russian banks: =E2=
=80=9CThe closer you get to the cliff, the more nervous [the market] is.=E2=
=80=9D</li> <li style=3D"margin: 0px; padding: 6px 0px;"><strong>In the U.S=
., uncertainty around the Federal Reserve=E2=80=99s plan to address histori=
c 7% inflation has markets on edge. </strong>The Fed recently <a href=3D"ht=
tps://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=
=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSN2KPE6vhoFKpo=
fKusblHlkDfuT_xM33UT0Cw5RU_kI1piO888MlYL4BQWCnBxWlVY1xxQls7qLkZmN6-KUV2Yncn=
WvnbNIfaVMbjmgcNzxPzryk9mdk1N0Y2PD9f5nryg2k_BShBC8n_Bqbx-WlriXsPNFwSjQjxnFr=
1RD4J6AsX94rGe_NpNCNwKkLCQihgl21882IK_V-jGrX2dFWMOoe48CCnR72_GB4H6JzohTks_k=
TJJDiDmX5RvMkhfuKTWyWFCgmni2QtZP2IgwhtyehAQ0Zd25cD5h6rZiDyQE_6Fj09OBIm9CE_Y=
xYVnU_IVxjDF1tK8H78c0YBq_jo_wZq2iai-Hc9cj-Dd3Vi8e2ssicGsyy03MO4Obuv45Dk05h7=
S7w1RGeOfwcxrqkDmQb9tsCxXpOZCZhVC2o0cx9lYv2mZtOW730dPtHVxA2fNZyhkR2UUa2OCYn=
D9R85hsxuQDdQXFfubY6KJYJ150k" target=3D"_blank" rel=3D"noopener noreferrer"=
>signaled</a> that it would begin reversing pandemic-era monetary policies =
(like near-zero interest rates) sooner than expected. Why? The =E2=80=9C<a =
href=3D"https://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e96=
89713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSK-UdM=
ZSr454I4ZjU6aQeVHIZP86OYmGJvXLZktvj40tkvXih9JzhS69XPA4D5DQVwIPvQsEJBYvOfdWt=
iX6KEtowmsiWAv4RIvmI2bXEgPDPO1crkX_usM1ZvxPHXWRhz8mhSF2EEVkeQDaV4k2emZ3UFao=
uGFV1Xo59UrDCpqdZx6L4103EYYEeHVnvUPHPL--QfHhvDSA5PImz8hmESTr9GP-u0335tNS103=
8ByF4JmjO7St6LYRxAC1MtH_-EZSaNiMzh_J6V3FULtmOdo9gwrw5vnZa4M9HFLpJHE0MxUSnzp=
SyNu9HtUw5UNhhVEox2tWqyOlGwveElRf6XHeKrYW_8Lkof7cuMxfQLdGOSqIIH4BWiKWnMQNcZ=
ZdHmUWXtFhz-hR_FMwajXAHuyTp2ontvziPLxWqWmVpRisk-8ilPJ9rh0hZlTNI839GRH8cKJcx=
q_wHWssVs_XSOOHmt8JA0JTf15dI7xWm1kvWLaz3ISGvSWvmEofGTu7U3MaIg22zrLbknbUVEIk=
yYEHv7A_5flqCjwCD_XeqPnXa" target=3D"_blank" rel=3D"noopener noreferrer">ea=
sy money</a>=E2=80=9D that has buoyed the economy (and helped boost riskier=
 assets like crypto and tech stocks with excess consumer cash) has also lik=
ely contributed to <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca5=
6371967418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3A=
wtu6wvml4DY8pGaXSFKeY6LtTJ0YAjP_8rpA6P_eM6_PqCTdrx-GF71hdb9B6Hgo0Z6eGEG09-E=
Og9XxcYC-Otb4Lth-stf7W2ZnilRSAln6O4jMsS-lbV7DWDVApqdyX1P2F7ehK_1AbA0dLF8sER=
0Uj9zxWdDOe1PXd-DgnmOVsiF8_JfPRFRe6Htq4_27f9UINmMwx5pV4Mv1HxT_9t9afEoV1k3jG=
ZaANpeRf3pzCSzFrYkSXmD0MQyrO1rB-eeSj6ZQbGahjarAbFOd7blwHaickYzwCZ3qquCALiwH=
FNXWKh7bs_rLgCaOcfXSsB8eYeLT3BxeEjcGSoQGCeUZKSAS2Y8vesr_J1y2daulQUgDJhgiVsQ=
KnwGIInwDFoTzXosTGZlCMfGM-RZIj66t5H1rt4WEIp8IcADNpecWMxWsRtTCj7L2FbNYd4JrPR=
IQsmLVBNlxpFrSwQ%3D%3D" target=3D"_blank" rel=3D"noopener noreferrer">surgi=
ng inflation</a>.&nbsp;</li> <li style=3D"margin: 0px; padding: 6px 0px;"><=
strong>Why is the rollback of COVID-era stimulus shaking markets? </strong>=
With interest rates sitting around zero, investors are incentivized to trad=
e their cash for riskier assets =E2=80=94 including crypto and tech stocks =
=E2=80=94 with higher rates of return. If interest rates rise suddenly, inv=
estors may shift strategies by <i>selling</i> some of those assets for cash=
, which will be able to earn interest with virtually no risk sitting in a s=
avings account.&nbsp;</li> </ul> <p style=3D"margin: 0px; padding: 0px;"></=
p> <!--[if mso]><ul style=3D"line-height:1.6;mso-line-height-alt:26px;"><![=
endif]--><!--[if !mso]><!-- --><ul style=3D"margin: 10px 0px 0px; padding-l=
eft: 24px; line-height: 1.6;"><!--<![endif]--> <li style=3D"margin: 0px; pa=
dding: 6px 0px;"><strong>As the Biden administration prepares a crypto-rela=
ted executive order for February, regulatory uncertainty remains a major th=
eme. </strong><a href=3D"https://links.coinbase.com/u/click?_t=3D3aca563719=
67418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6w=
vml4DY8pGaXSGCuknMSYbLWAaodF8T3LBipNyrM6XxItvcfpWXNQ_5Uemjvo16odAlgtV-e5Zok=
1s7gK86ZDiGBG2JHAmN6xHEohvEXMtAz43g6l6E-To5LS1DA5kOCd1NYYozo1doOgxvGp_9BkQm=
wndrR0VTbmc8uPJygAHyzxsdSL7GZH0-qzzOpOWyHkn3fl1A24JBg50rR5utjBkpro9mwibL98m=
R-uxYsljmln8EZLEcpPXH6WfHp0JPf5yDHnaDDIeVaTNsLm_tyicNZKVHmF2mCVraJg6R9YqIS9=
6j8wEzcrKG-KeHOnS8jyclZE2_lq3fc1Pvv4WvI24BMRaNrSpNaX5NbOlONhk7kb1DrOCZqtN-B=
ioIx5f7MMr3uWMKkSpEHmKR_Uxn7Q4iCqSBloTxh7hBhecfhILJpAu_JHUJ_UY7DEztvNKDTzr2=
pY3nMWxzHDbUmTCEOOgdfUyC7uJlVZRNjkVa9JrFvydZbhhZJuKdwko0K3kNKsBgYCkTVgkr5rQ=
%3D%3D" target=3D"_blank" rel=3D"noopener noreferrer">According to a Bloomb=
erg report</a>, the White House is increasing its focus on cryptocurrencies=
 in an effort to consolidate the fragmented thinking of several regulators =
and better understand the technology=E2=80=99s risks and benefits. (Check o=
ut Coinbase=E2=80=99s <a href=3D"https://links.coinbase.com/u/click?_t=3D3a=
ca56371967418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3Dl=
U3Awtu6wvml4DY8pGaXSJ-PtGFlCgTm8pgaKFkRNWWhs86iMSpHsR_86nDcruiSx-IFlqdvasVc=
yMeX_bYpojL9EieHiAgwzwp85NqOZC6DkAt9ikEAJ24OWn4RbUnxdvWXyxM84kT4wwKbCBW-Q8e=
A7RYv7mmaAzLnq9epH2jcbBlo3bLVUhtgaJHQ8Hdmq8B5N9sIj2je1lHMSSt8AZ3Y48yJ8gzCgx=
I-m0hnKXKkqDNNqH6COQFOBU_ce7jbR9LNWxG2PGaPS0lqIPAsSfeIrxifofQY-Zg6Tyn9EtZxM=
IO2xGVuVp3D5_5BCUyWsq6KIHqKhF0Jo2asmLKfAbQsFFyhRBdw5jBHdmoxos5mN3Jo5H324E__=
c0RsgeXLhqxI8XX0YbHS55GQoWqe82aW6NnSBrak5G4y8r2QNtuswue0-DyLAhCcBusSjs98Ub-=
UGZGQv_6wuTpRjE_gD7VpGvNsTwJLBNWHgEgI5YTWb71mEUpfkk9mSeffh-uf" target=3D"_b=
lank" rel=3D"noopener noreferrer">policy proposal</a>.) The news followed t=
he Fed=E2=80=99s <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca563=
71967418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awt=
u6wvml4DY8pGaXSHUQvxiWUNEHQqjLEMRH_UbAZYPI0o-72mxXS36C2OXoiUJyZ4fF8Xx7n1KEH=
9m_0YBsA5Uuopw7fNGeA6SnVcWOJCxhPg47OV7FbsS4XlOLh48ldDZyONwCQ18wygvxyssBnElZ=
QG4aOi04nI_pzLxS9ylk3h5PkvtWj49DeTk7xQYnOGOiCoKTOB6iEnoq9Mf3N_D8IG0vOB6gS6-=
Mmze_yZ4z7dfxIlh3Nr4QDL_s-7AgCNebepFNBbhTeJXgQAoQz8BbJLcjlE1wW-nQNtZdW9CLnK=
2ePv-Fv-RJkI0LXQmee-EhhfrFgfl3by3g8wCbvJM6gZkdIhXau-fhQmeg6BxNi_Xcgdq5kra68=
9nUoLRhzhAq3JJt7wfD7w4NzFlBx0Sakd8xV1tbjX3_8_jZzWcqfCt3LdpiE4FJdcH24vFQChSC=
IiSCYfPI_sTapg%3D%3D" target=3D"_blank" rel=3D"noopener noreferrer">recent =
paper</a> on <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca5637196=
7418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wv=
ml4DY8pGaXSGFXBWFmYisARNQTzWnFtK6hLtO2t2mnYLRFvAv4rjX0mzwkatSSgE3jF8pxGY1ar=
viaGFqdYMmhlNLC-flIZxShKjS3jWVLQv3aNZ56KhSX6RtTrnBisvF8YnE0ma9WIbphfTKOfX95=
7Ccv8h26Ts6alOmeVN2Xwdhr6fJ5bH6WHWV_DZm3K-S6o5038w_DV1TvMsDnrEzNQgIj-OXPpR3=
7PQsw5fdNye0yi_AXF6GJxERxZBKsU23NHK2EouDOgVFaAHdmjeBJTTr7ulzzS84ZEWEDnxyX-O=
OQFZ8mOK5F7ZCN5IQ0L2e4CrN0FqHSuDMDUAT8t4goo0xo3OvCUX1KLBE4rgbEjb_sQm1q-nfHF=
YFtKq-kZta74XLafWPeIWf7iiU2hYdGGh0nTZl9wh22B4d3T31nGE2Li-JZjpuU" target=3D"=
_blank" rel=3D"noopener noreferrer">central bank digital currencies</a>, wh=
ich the agency described as =E2=80=9Cthe first step in a public discussion=
=E2=80=9D around the possibility of creating a digital version of the U.S. =
dollar.</li> <li style=3D"margin: 0px; padding: 6px 0px;"><strong>A key dif=
ference between this and previous down cycles? Institutional money is flowi=
ng into crypto investments</strong>. From social media giants like Facebook=
 and Twitter exploring NFTs (more below), to venture capital giant (and Coi=
nbase investor) Andreessen Horowitz preparing <a href=3D"https://links.coin=
base.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D9b80a1095a15488=
bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSBHaEZtgTvSNu3aLYWq0czXhU2N1dYce=
732NvStKjEABnTGSCb1fbLM5syjIQMNLTrEaF1ClLvLdjmejs8tx8jlvZGQRqoHDJ4i0gdft-Vb=
opbPaFmUS2G1Q51jepSEp_QQHEf3Amy7sTzmV4lEDzi1jSaPoB69Deql8alKv8mlDiNGWmKpqZU=
dzvzJ6oq6vqeDzDAC4GPL6t5g357vd4LdQFaFk--UtLndzHNRRCJ1XhfI-s256BrU3n9rMeZdVm=
2F3eM1l9klROJVVOPA0nXL45lZPREe4ZE4_-mLP69IyrMt7f27UfBJLwgODnnS9X1oqmbD7flOR=
B_hq63uR6HCZNyVdSiihaEiG850f_RVtHLqwai5nndkmsdL4Nkbdk8BKwmC7_6R7d1unhLzwAHT=
FzEQnqKmt4GjD6s0xBcUO" target=3D"_blank" rel=3D"noopener noreferrer">$4.5 b=
illion</a> for crypto-tech investment =E2=80=94 the crypto market of 2022 i=
s far more robust than the retail-driven market of just a few years ago.</l=
i> </ul> <p style=3D"margin: 0px; padding: 0px;"></p> <p style=3D"margin: 1=
6px 0px 0px; line-height: 1.6; word-break: break-word;"><strong>Why it matt=
ers</strong>=E2=80=A6 If you just started buying BTC at the start of 2022, =
you=E2=80=99ve already seen a 25% drop to the $35,000 range. But zoom out a=
 little, and the picture changes. Last summer, for instance, Bitcoin fell b=
elow $30,000 =E2=80=94&nbsp;a dizzying drop of about 50% from it=E2=80=99s =
mid-April peak around $63,000. Four months later? It was sitting at a new a=
ll-time high near $69,000. One lesson: Make a plan and stick to it. Nobody =
can predict the future, and we can=E2=80=99t tell you whether this is a mom=
entary blip or the beginning of a true <a href=3D"https://links.coinbase.co=
m/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D9b80a1095a15488bad67d0=
d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSNYLB2uxhlulrhElqiHBskoooraw6qsD0ZvZb-q=
QaCxEA4SpFkTTYDQj46qzWLP9zBDOmjrowzyCEO-2RgNjZyBVr27rNGxjpWAYUoe-KGC5GnNX3v=
tO0MNJetAVZsKa0gXkRrQ_6lpOwPX84WGOgpXHrhVOOk9iLpqdl0NV1i8KcccymonyUdcIERB68=
OGhYlosd0Uub7_Vuv8SeSjmDgfq1VBSViJDg5LvtMA9dnFr8ZBjpiQGPsEYEuFE3FdIv0sck2d3=
NH7rk5mg_a6NfbQSJREnDk4XT-h3lozouPt1Ess-q9LDSPgcpQSXf8Q1GSqLYkt14IJ9lnOQnPN=
hm7BFVCf4mDBRtqv7tWyCeN5Ghs_u9QEcRmBsOohZeYD_L3LPqJqzHEVohT4k4DuaqabT1ft65N=
el83vnV78q_vRJ" target=3D"_blank" rel=3D"noopener noreferrer">bear market</=
a>. But we <i>can</i> give you some tips for managing falling prices:&nbsp;=
&nbsp;&nbsp;</p> <div class=3D"cta_button" style=3D"margin: 24px 0px 0px; p=
adding: 0px; width: 50%;"><!--[if mso]><table width=3D"100%" cellpadding=3D=
"0" cellspacing=3D"0" border=3D"0" style=3D"border-spacing:0;border-collaps=
e:collapse;mso-table-lspace:0pt;mso-table-rspace:0pt;"><tr><td style=3D"pad=
ding:0;" align=3D"left"> <v:roundrect xmlns:v=3D"urn:schemas-microsoft-com:=
vml" xmlns:w=3D"urn:schemas-microsoft-com:office:word" href=3D"https://link=
s.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D9b80a1095=
a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSNYLB2uxhlulrhElqiHBskrmAo=
i1m6uPH-ikKsY5h8N2WijEolGmY_Us_NFC5mJwj5cgdpYoFzadHwoWYifZjtOrI5UnplOaHsN98=
bLY0VS5Ex1FeFONXYGr6IXk0SGMCtuIpJ2oBafEZDEPIvGdG3H87N9yumnvGdT240KGdK_n9Ioa=
mP0VkipFKXOLTWbReP1Klz00fE6shMxtfXRA7SFuG_0DflqS-O7Q8CkhxmuxihcFuzcTBLdkcnD=
mafmbeiJmTOGg5orUfgb5RoWQgeBQFjcmVVLSy4hkfeUtoLWx6u2e5iDKroADnHYHmVMNWyKmxh=
pmYpMji9fk_dgUHa3RdecVC20U88vYPJJzQZW2L8K3pFu_FTPB09DH1xGn59MPx_k5syCccnQeo=
Yrn89SeO8DvESlaXNLe0ccwzaXX-RIeAljeDttZNhtA4PhjbVvzr7u1DO-rRhM5215g1IsY_jBb=
BkjdmcmOUsZzfY3SGDeio5tlhzXRUOblbfsSvQ%3D%3D" style=3D"width:350pt;v-text-a=
nchor:middle;" arcsize=3D"17%" stroke=3D"false" fillcolor=3D"#0052ff"> <w:a=
nchorlock/><v:textbox inset=3D"0,0,0,0"><center style=3D"font-family: Helve=
tica Neue, Helvetica, Arial, sans-serif;"><![endif]--><a href=3D"https://li=
nks.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D9b80a10=
95a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSNYLB2uxhlulrhElqiHBskrm=
Aoi1m6uPH-ikKsY5h8N2WijEolGmY_Us_NFC5mJwj5cgdpYoFzadHwoWYifZjtOrI5UnplOaHsN=
98bLY0VS5Ex1FeFONXYGr6IXk0SGMCtuIpJ2oBafEZDEPIvGdG3H87N9yumnvGdT240KGdK_n9I=
oamP0VkipFKXOLTWbReP1Klz00fE6shMxtfXRA7SFuG_0DflqS-O7Q8CkhxmuxihcFuzcTBLdkc=
nDmafmben54CV7InXsehSysBcKOxGSETKzP-BLk9vhRXdJxsoA2TGGGsxzPuYjDh-kyCIVkO_7u=
cRrJVN7v5F8lyDGtpUT-ME_qv83NqFffsPzhADKrF2r8bbvksam7DFVqibrEk88HqlRDoV_ahov=
QZxId0GBKuHaUn0Ky94srVZ9nvAycMO-T6KDkvuclDwJdnv_Re-50GzDXpO9HiZlewClyi2j0Y8=
LERQTGtufKThqrEVwRKWmQxRPy8vhooJcUdWCHiA%3D%3D" target=3D"_blank" rel=3D"no=
opener noreferrer" style=3D"display: block; margin: 0px; line-height: 1.2; =
font-size: 16px; text-decoration: none; color: rgb(255, 255, 255); backgrou=
nd-color: rgb(0, 82, 255); border-radius: 8px; text-align: center; padding:=
 18px 0px;"><strong>How to manage price swings</strong></a><!--[if mso]></c=
enter></v:textbox></v:roundrect></td></tr></table><![endif]--></div> <table=
 width=3D"100%" role=3D"presentation" valign=3D"top" style=3D"table-layout:=
 fixed; vertical-align: top; border-spacing: 0px; border-collapse: collapse=
; min-width: 100%; text-size-adjust: 100%;"> <tbody> <tr style=3D"vertical-=
align: top;"> <td valign=3D"top" style=3D"word-break: break-word; vertical-=
align: top; min-width: 100%; text-size-adjust: 100%; padding: 48px 0px;"><t=
able border=3D"0" cellpadding=3D"0" cellspacing=3D"0" width=3D"100%" align=
=3D"center" role=3D"presentation" valign=3D"top" style=3D"table-layout: fix=
ed; vertical-align: top; border-spacing: 0px; border-collapse: collapse; bo=
rder-top: 2px solid rgb(222, 224, 226); width: 100%;"> <tbody> <tr style=3D=
"vertical-align: top;"> <td valign=3D"top" style=3D"word-break: break-word;=
 vertical-align: top; text-size-adjust: 100%;"><span></span></td> </tr> </t=
body> </table></td> </tr> </tbody> </table> <div> <table style=3D"margin: 0=
px; padding: 0px;"> <tbody> <tr> <td style=3D"margin: 0px; padding-right: 1=
1px; vertical-align: middle;"><img src=3D"https://d15k2d11r6t6rl.cloudfront=
.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca5637=
1967418192255878e9689713/dot-1.5x.png" width=3D"12" height=3D"12" style=3D"=
display: block; width: 12px; height: 12px;"></td> <td style=3D"margin: 0px;=
 padding: 0px; vertical-align: middle;"><p style=3D"margin: 0px; font-size:=
 16px; letter-spacing: 0.075em;"><strong> WORLD WIDE WEB3 </strong></p></td=
> </tr> </tbody> </table> <p style=3D"margin: 5px 0px 0px; font-size: 32px;=
 line-height: 1.26; word-break: break-word;"><strong>Despite crypto=E2=80=
=99s volatility, tech giants from Google to Facebook are making major inves=
tments in Web3</strong></p> </div> <p style=3D"margin: 16px 0px 0px; line-h=
eight: 1.6; word-break: break-word;">No two crypto down cycles are ever exa=
ctly the same. New for this one? Despite market fluctuations, some of the w=
orld=E2=80=99s largest companies are marching toward the crypto-powered fut=
ure of <a href=3D"https://links.coinbase.com/a/click?_t=3D3aca5637196741819=
2255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8=
pGaXSNYLB2uxhlulrhElqiHBskpzet7WMtHudokIsJmVslpaSCck_o42xseKJRLUj_EzEDmCdlM=
NS5BB6gaemcFUp3-U9n6XNkXHWxPnA728zSmDZRGwAnWjvee_Q9hFDXXWRRADO4F6KKVNBj2gQK=
JYsqagcd-SZUbmb3cmloZxGzNkEzco70dadvJr-qzBtxARNudn9L-NAfEZPGcAA08mJ9S2VOElW=
zUz8pRq5ul0GIVfOR7_jpwxrNsGgEDD2HckAAIOueFwn1bKP4a8UubuopLyWT9WwbqDLF1bhtFh=
DlUzw_OufGEiDhpqp7VUTPRgrqHyQnEqeSCoLw5j4zNfh-HTVIlxDXoMu8nj5Tm-l0rcl0pDXI0=
hvnhjxPbAJLuZBYAbG5yzwsO1ZGlbKl-t-xVD4zcv8kyt5lkX7NgnJy_G" target=3D"_blank=
" rel=3D"noopener noreferrer">Web3</a> =E2=80=94 a user-owned version of th=
e web that relies on blockchain tech. Last week, many of the defining Web2 =
pioneers =E2=80=93 Google, Facebook, Instagram, and Twitter =E2=80=93 annou=
nced crypto forays. Meanwhile, NFTs continue to break records and *checks n=
otes* Bud Light might feature an NFT in their Super Bowl ad. Let=E2=80=99s =
take a look at some of the most promising developments of the week.</p> <!-=
-[if mso]><ul style=3D"line-height:1.6;mso-line-height-alt:26px;"><![endif]=
--><!--[if !mso]><!-- --><ul style=3D"margin: 10px 0px 0px; padding-left: 2=
4px; line-height: 1.6;"><!--<![endif]--> <li style=3D"margin: 0px; padding:=
 6px 0px;"><strong>Twitter began rolling out an NFT verification feature on=
 Thursday</strong>. Users who pay $2.99 per month for Twitter=E2=80=99s sub=
scription service, <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca5=
6371967418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3A=
wtu6wvml4DY8pGaXSJU-WtE07nZI7745mlEFY5FH2_mJiu3WdkG8oVIYYZCMOAdDrxaIGG6-EAO=
y327Xy2paZgNaBK2QxI3ESqCwKIE_0V-AK7xGqs7s9MT6z6TkpM_TWHP2s65uZDClRGVuG6g984=
Ac4Kfbh4DOaGrqjxZgo13vWzxqts2aoKLIgPh6iaa8BbXey5n0hY-Ak4L7wHPjOoIqAnEmL9Wod=
wLacU2hvQLH4NGSN_aTEOnAn7selUZtSstd1vRdM7Bw2NHNmpH_SL_8DaoVc-QZhGa9TQilETkx=
iov0LlyU_P900ye8_YS6LS8tkz07nINTPhhjU-Bzwwhn-ILADwr0U11U4oyaGZldgk8TAHklKQJ=
VP3PX6xykxqBEiACn0C4IHFayypjsoSnf507cPHg9f7UGw8JMVM60-SED9VxdOfvDrXp6FUTZ2k=
dp_QHphKNV7SZ2Ldy4tgABSJj5xhjBSeirWdijpKVDZinfSNBVgszyYrQBwUgoPqWV2Qj3n9Wo0=
XVUO1jwfb9xVuAHI2sFFrSzh3T9jM4-mV8_L2wCEMpbZk9guJ-eDEtUpwqGEWpb_VHakwZ4J5TU=
pE3Q_UTc521XPP8%3D" target=3D"_blank" rel=3D"noopener noreferrer">Twitter B=
lue</a>, can connect a <a href=3D"https://links.coinbase.com/a/click?_t=3D3=
aca56371967418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3D=
lU3Awtu6wvml4DY8pGaXSNYLB2uxhlulrhElqiHBskoooraw6qsD0ZvZb-qQaCxEmQqLPIyYVF_=
RA0OO5X3JVrO3DlteHv_Lpotui5n544aZB1UCwYed-R-AYE55ofipwUXyrP3Iio9A8nnOzuIHaU=
ghxT4lRgvenFCr3r5tvl4SfQ3opHIuagBmyfGwl-FNa_dAePl9VCqJBMwnMyVkaTmSotNQt6x_4=
ThZ12-eWlVvWUokdMHLVt9ResfqdnraTlgHmSYeRJ5YimPLwmqQ9l9M4eqPXj6Gfoc95pMtX0X8=
tfJqc556roLPY9UFtK5s4i-AveHUAaMT18Mkn5SKczNQuqCC-FnAg4KUyZQ_Z6ySZRLrhQxSCZc=
8hIVlPEQ-YzRePp2ENQ1biyJvFsDB5s9kDYFmqz3RVmmCO6aXKpCbiYzXRRVo77bgxsEbFoTu" =
target=3D"_blank" rel=3D"noopener noreferrer">crypto wallet</a> to their ac=
count and select an NFT from their collection as their profile pic. Instead=
 of the standard circle that borders regular avatar images, verified NFT pr=
ofile photos get hexagonal borders, and when clicked, viewers see a descrip=
tion of the artwork, a link to the collection on OpenSea, and an <a href=3D=
"https://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_=
m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSMABQcVLFsY8C=
gKzl6vUBEKc4krQJclLVj5spUe0i79cZRxwDwuzZ9vcDpL03j4rj0aJHF2IJRcoyKIevCZIV0lb=
bJToMYiCbsj3_OWGSYOBZMVGBlW1su95HffCsAvlshwOZH6puyoF1LF4zLYPPlqWCcBcdLEjTLH=
3dcqKS0LYdkYJ2a9ilpFla5ILSbWiEq62mCUCTaaxInD82XdOpMbSxsO8T8SnRW6PoYEypM-anb=
lJsWWPe21jsiAkKd212684nmUC2y4LCy4BxZinzvW5u6FILHEfQl1W0oHSidApOaljcZFx-8sm3=
VAM9MniViHk0Z5xp19AZs2O4ZKqe8171wdlrM-nHYXBxWYZV9zc" target=3D"_blank" rel=
=3D"noopener noreferrer">Etherscan</a> link that allows them to view on-cha=
in data related to the NFT.</li> <li style=3D"margin: 0px; padding: 6px 0px=
;"><strong>Facebook and Instagram parent company Meta is also planning to v=
erify NFTs featured in profiles</strong>, according to<strong> </strong><a =
href=3D"https://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e96=
89713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSBHaEZ=
tgTvSNu3aLYWq0czVaRj_P1krx4ChiPQamzM2061AKr47iSPWytH1DFQDgNOrXHpARhvzp8ZZ9X=
9hcDLF2MyX0QpaleO_allClAjBolGjgsCeEjffC189Z53_1hVdZa-7KNiX2H5GsTQlxISRzN9mx=
JOAt38h-9bpsAARsG3omM1z0RUONrx-y6kE0Ia3x6t0ExhqiUaq0PAEavK4_XN-jfCi1xR4FtgV=
PC7jtkYS0kaXgnwmoGeWAzy0opC1KABLBz_C2Nk-VDUZ2iYwig8BGVv_lSVW3KnSLFvSogJ3Iia=
8ECvc7D2ZfOr6_Rxs9ijR-7I87fMTVPuqIn8SQgSSQw54xh6TpR_mpwWKuUsrKBJ-rvIGqo3bMi=
_dDBLRnl8gPn5x47zBefb2EpTDf-NdY5RyoKJexxumoRgfE99TiAWiUnJ5-F3f4KPOsfJTqG1Og=
ZeBsI2xztgWg9J38-9S1smA2N5a0g5oc1Cmp" target=3D"_blank" rel=3D"noopener nor=
eferrer">The Financial Times</a>. The company is also reportedly considerin=
g creating an NFT marketplace that would allow its social app users to crea=
te, buy, and sell digital art and collectibles. In related news, Meta recen=
tly launched a <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca56371=
967418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6=
wvml4DY8pGaXSBHaEZtgTvSNu3aLYWq0czVxFjYj1oPeulJPHpzqT5ahiq1lLe7HDRz6cOAPLob=
fdU_5yLO3mk2ciA1_U2zkM7XIQUG__62_mzSQ9YuEHWOUWa-FSRBMgxaSHiBAKTDlvRa42x6bdF=
yYl5Yu5LeFKNTn0M11TmfEpuqWCd-tWwh8XOa4geEHWj1ibKm22AWUEaMQMEsxtb5gIVvplSt2H=
jFn36fRHesfOFlA8cP7_5Dxizk46_JKE004mG8LtieTPFV0E4HertH6vpwgM1A7dtQEQvPkNcb0=
UlKXH65VApER6C0c1KHZt0tJasLM53JICqhiGYEVj5IcZwVAjafw6JOyvkzKNREqGJ9aQcPAw55=
ZBBm8h5Yg0nUkkzwyXCSPAjNXb8zD8Zf9COuq8EaOl6YlDjM9eq4OIDyoEe_Jdpf7" target=
=3D"_blank" rel=3D"noopener noreferrer">digital currency wallet</a> called =
Novi and tapped Coinbase to <a href=3D"https://links.coinbase.com/u/click?_=
t=3D3aca56371967418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&=
_e=3DlU3Awtu6wvml4DY8pGaXSJ-PtGFlCgTm8pgaKFkRNWUfXd8S51JE6IWc36-qj7RqVlPenx=
WI2R2T5Ltid6NWtsnPF1pjZYTyvbxeArw43tS9oT3Ch7jvYOWov3QIMQfWr2RyPy9bu1Faq2oon=
xmJRiM-g2o9cUs65lvxCokxmj3VNt24crcVHbU6RyZnzQ278L2wfoL2M-dZbwOZF_fmM5QCsGNR=
pC4JzUvKuPVdNARDqRvveLDje0ebcBbjO9Dmw9ZJvMmUeNn6WSIXjljafJCytiPvZPfQUA1qcBj=
gcPCn9mKbgRoXWSSW3TXxTkRXGdOWefi2IY2ZBbA70NWLIGnPr7Dy3L-413xzsJMp7o7BjJPzxh=
kHFnhlNWyOF27K8k1eGNnxuVaumc2IEIuQoF6H2BKjXolK5yjmptPm8L3aa1sW5Er_oujf0gDul=
a2SWMgcIcncsNjbxS8wPUR6Bg%3D%3D" target=3D"_blank" rel=3D"noopener noreferr=
er">custody users=E2=80=99 funds</a>.&nbsp;</li> <li style=3D"margin: 0px; =
padding: 6px 0px;"><strong>YouTube CEO Susan Wojcicki </strong><a href=3D"h=
ttps://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=
=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSCc6SvtpKBHgzs=
HrHhXXifvU3tGWUEB0Sc_R0xG7HOZlvS6CjZpiqSxcqqZpJPD-J87cyRcc-L-TuTw2YoA5Cgayf=
hG8YDiJSkuQsJeSYViRD6Tsi9ItXKtA_vAQyAmD_pRsAiE5_wPdHtO8zoPRmwjbyYlU2CjQatQU=
sjSdN96eBLG95nQl-4c7ZUAKiYwORabGtQ2HKKzkTqw4OvZyr0eMvytRY-zuTTr67HHbXV8i0JE=
N5C3R0M2n5CGsSp42bnTWvszOdtJOi8VZwnepPeSpBk8RJKW0mU1O8lPheEvKis5tup-D2xzBu9=
3i7uvTrcrMpG2KKxf0qC4L9nLY3v3a62kGj0u5M-ZN0lB0_68aL0jeuSGsUNyfZJRaBRzQeKRtD=
a3gadnBHCnBtLERV7sYPeIfWld4nRKqfKXQgTkSbJZAUNuBIi6UJxausBbkHg%3D%3D" target=
=3D"_blank" rel=3D"noopener noreferrer"><strong>published a letter</strong>=
</a><strong> on Tuesday hinting at similar NFT integrations. </strong>YouTu=
be parent company Google also <a href=3D"https://links.coinbase.com/u/click=
?_t=3D3aca56371967418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da5=
2&_e=3DlU3Awtu6wvml4DY8pGaXSGCuknMSYbLWAaodF8T3LBipNyrM6XxItvcfpWXNQ_5Ufmfk=
pmYapQSJwCPKxFOdR8xXQOiJbk2WOn3OJV3hxyxEAYdjY77EzuUccU03YbKOZBlA31bQDUtZbq2=
RZRpbSysB3UHPQS56YQ2P922XgZjpDhH1E4YaNl5gBAxciyNXmTK-jxPySeD342LCm_zfSg9wxT=
gwkVn471xo6yAN9baT6EPItv5-187qqKp-6-VKrFqUvg5Nn_8NyMfkIPRB0QSKSKwugfryjS82v=
vCvyEgzpAeMGdneDSB7fYKt78PV16GwBj-YeFNmsEsdqTCjyciGYAtZb7M79x8Jf4gq4QVSQST_=
hgNewIGrlScCGP06HMrYXZYUYPOa22aToTh2diq0MnoUBzrF4PZ_swQBY5zpUjrla4PgrgUlwyR=
gzFJhmYQW2G875to5yb1B9fFKqMlbRfS3QZVNB1jOls7rB3sEwxoNWBzALuECM8HtvWGFmhQ5Mn=
ce-8bf08ngNS0yEw%3D%3D" target=3D"_blank" rel=3D"noopener noreferrer">recen=
tly appointed</a> a new =E2=80=9Cfounding leader=E2=80=9D to its Labs divis=
ion, which will focus on =E2=80=9Cblockchain and other next-gen distributed=
 computing and data storage technologies,=E2=80=9D as well as VR and AR pro=
jects. The search giant hired a former PayPal executive to <a href=3D"https=
://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D9b=
80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSGCuknMSYbLWAaodF8T=
3LBipNyrM6XxItvcfpWXNQ_5UfmfkpmYapQSJwCPKxFOdR9sAJqlBdoCHVH-uvJAl1mgmHJUd4L=
AEaOxUg7xbDSU6aZsZKX548pUibzUibo0vVtCUXglxZihwuO08hkEnJADcOq8f5C7IhCYcaK6SO=
pNL9UgYiDXfSDyuKS7_mqPMixB0xXTpCDNNpvvQBa7qGL2yU8P7oVIFrlax9QCN2Yt49Mm2tIQt=
2OfhQ3OQcHDGLz0uk8nsi9BWQ6JMwGVkd82mPmE1nCpUfJNb_uZQtw0UjcphoPvtT-429upUh5v=
EpQxozbcd-qlRhrQeTBB1anWqH0l4Vg9S0KxV8tKxr4a8MBpaUHFPOeMdeE2ari3UgbDFFzGnsK=
0cy0uVOQixqMG_4N42uk3kt_7WiaZoAwBoJwpNjF4Mqp7JRLXkz6R45pgkRALg6mqCmHnxWDoNu=
LpDTpGmNzI3SMKwBd9Mga9VwRBUPIzdze8UFAeZm-hONA%3D%3D" target=3D"_blank" rel=
=3D"noopener noreferrer">lead its payments division</a>, a move that the co=
mpany says is part of a broader strategy to integrate with a wider range of=
 financial services, including crypto.&nbsp;</li> <li style=3D"margin: 0px;=
 padding: 6px 0px;"><strong>Meanwhile, the Super Bowl promises to be a supe=
r Sunday for NFTs. </strong>Game attendees will <a href=3D"https://links.co=
inbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D9b80a1095a154=
88bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSGlCJh9RLCp1lvenG5KLFw1lBZg1GA=
TIy4-Wf4W7vi58A9rdO8f2ACJsag_dDtLLEWlDVv3evvv4gDmnuI7qFL9qPcLIitrePe_cAF_TL=
T7Kd20aTc-316cIszZwZ2eQ7f_VGG0Ub2wPuAnKJD57ABFUuFJ2pt9uczkCtwDjvkNTph5eFipk=
uEQvZjjuNn3yxX7ZidhRtIfCN64nuNValx3MiU7i8dw3sbxAohYRgFn7nezldKXYtgdk3SjOVS2=
nK2vCfVzpp9ugVou8PpB_2X-LVfSAZA1yi_AO-DSTCW8zaGldias8sGbdUb2Uc8gjSs0O9xXX0v=
94qtn5EQ1U5l5Jcn5S9gyHanOycuyPReG85BTwlk4hqMiResi5wasBr9vjbj_6WgEDilOXLCqAP=
6M%3D" target=3D"_blank" rel=3D"noopener noreferrer">receive commemorative =
NFTs</a> of their tickets, but that=E2=80=99s just the tip of the digital i=
ceberg. Budweiser, which released a <a href=3D"https://links.coinbase.com/u=
/click?_t=3D3aca56371967418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c=
968da52&_e=3DlU3Awtu6wvml4DY8pGaXSAt891HztnNs_HH9ZANUDDft8KhR6GBqKCZjTKCOFz=
HqXkbkfG1X1EmiJ3djIsn6fuuMqAkOsYiIWv-V64RIyva3W_GJLm0Al2Og03OvoRdIRkWCCnAZ5=
2Njn-XH0qtFiot-1tPf3cNm--2y3Em4fENTozsiUcH_PqWPJ0zNxvZhA2Wc2ijPrFAjUHtJ0RWi=
M7s140ctcnOZgXwkLkav9ANcA03xYp_kNApc2fV_2H-a7OAZwhnzS0nGRxYVNELf2kjSbJ8pj31=
uUN_znWzP2maErsotcBOnGEQ_POI8cT77S0GUrmlJP8l6ppqpHntOC2Y893oZnZGnY2MyEIicWo=
HtcoR2ybMdlh1ZjKUnQj20Iq1FNR0Zw6AIUfYWrgb9zPqT54QZ4JZ56FOE8y7h9DgDCp-9-kua0=
PT081gID1-TWFpvkXXm4SEh7LVgv-v7jIvx0g-u7mduGJbw5jIFo3zYRcSHFcXucYJaGM43wB1k=
" target=3D"_blank" rel=3D"noopener noreferrer">beer-can NFT series</a> las=
t year, appears poised to create a major NFT moment pegged to the big game.=
 Last week, Bud Light was gifted an NFT (a <a href=3D"https://links.coinbas=
e.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D9b80a1095a15488bad=
67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSLA0lL1fO0KaZjsXj_6ZgcypAafX4YtBPYC=
S9vreKadPwNHykmQBl52Toex-9ny2X1EG1SZ-JdeNOPoUz-HsaRO8BfEguNn7sHCAo58z9MR9ue=
E52ofrX9TmpV-QFn_VIOQ2KvHNQud9L2vYmpU_Kb3BKQMpckPL5anC_HvG0myPnL43xOfibde3g=
NxDkq01RVo5wS_TI61SrSZ5j-mMF-oR8hbOpTzgxgpmCYHqzhuEtWqBjDXmWTo9in5HFYc0K_O0=
47aHaXnfp8AzaT_oV-BAOs3PDRbbUad0gi4O_kqLtlVfjJnkTtJI5gMUbdApzwFgrEN-Pwt8eJv=
sg49lLNFkUMn31Av8OiUvRP-qvDR9QvnmSlIRiTJiQeUBLdQQPQ%3D%3D" target=3D"_blank=
" rel=3D"noopener noreferrer">pixel-art glass of beer</a> wearing glasses) =
by the <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca5637196741819=
2255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8=
pGaXSConvfvjaPIlt7Po-sufkBKi25zfqwo4iZWsHBT4YxaptXKOPg3LvRokEgEJ6hCW0hy7YKf=
MOZhTcv9_Svvs0rpiXZd58FAAHvOqO7HDcD8nrLj_qVRqG3sP8Ln0IPC96eQ1Y49B_5V76HozPA=
bdpn_NzBNUvxa0QRZ3E_Z95fiqmXaQvtfv94eSV-opkgj51J-4TVv9ztFnkC16PQhq4ZiygHCEI=
ilorjoM4Tlrivw2J_ItpefX1-mFPqEH8bxhtc07MEIyOYlhUp0o3J7782WDtF97a_uh8Ia6XL3L=
dydZXHBF_igaROjHv8KjO6rcKo_A4aVwNtrWDT4R7S-80_Ucdqe8wZ26g621NFAQ0mxd" targe=
t=3D"_blank" rel=3D"noopener noreferrer">Nouns Foundation</a>, the collecti=
ve behind popular, bespectacled avatars. In exchange for the NFT, Bud Light=
 reportedly agreed to use the image on its <a href=3D"https://links.coinbas=
e.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D9b80a1095a15488bad=
67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSOwEoZ7FU5oywYFueHQYjaGK9anupwYD1ff=
LEKrfQlgA6VewuO_oWqhysyOXK2WK3yIch5zx2Dhd71L3LbWNa_gMTWU_ZuY_eA09xi7xYtpDvP=
emUWMNJXyBNtqMrqSlmR7GDygfX-F0nV7a6sVZcrKMt6e7SOUptTmUoiWQo2GIz_n2f8nC40Bl3=
UYXk9rXhtVzSpLVKpyvzCBJ5d1zbO8kV1L_Ev-WXhzd4snMFvrC8BoiBTw0ZqqgHAyHrqMVy5ZD=
feP6O0YwKBavweY2zbPUrwuu3AxQ4bcqWTDp3jdAYS1-nR0ejh02xBmvlYssIWgiCt9v6g8VjzG=
jVcF08q_nmA5-des_2L2_wzUM5LRV" target=3D"_blank" rel=3D"noopener noreferrer=
">Twitter profile</a> and to feature it in a Super Bowl commercial and on r=
eal-world beer cans. =E2=80=9CThey're becoming genuine participants within =
a very crypto-native and very novel community,=E2=80=9D Nouns=E2=80=99 pseu=
donymous co-creator <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca=
56371967418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3=
Awtu6wvml4DY8pGaXSIjOE6G4YQJINI7BN3LCE8NNgbY9UzwTiKDsOVt5zHmaTqF-ape3ptLKwc=
fPCtZA8VafcJ2T_j3J-vwNx1fuzITmFAr-XLne_FWGyN_SowQDcg5GXMphe6QmldKcLyB7ZMY9g=
aEGPJirt9Y6Ud_Y-es-x4fkf3U1itshl1HDTbwz9m6DE-BReD8jMSXoXKcx__SrNHe9Ra78a1in=
Uhx6e783oNls0EUKy8yE8TNnTOQDJKvjQoe3ooDLKIRcQzHY2GwrN1l3ooo587nnm1ZQPHdyva2=
k22elXHi5czl1QWy-6m7ztybVEkE14VyPpgrvE42Yr1kR2taRhJQk54QL2WbPNOujURuTB4v1W5=
g7Hbb9BIqVerCtAo6DVE8mcufofIsFF1i5tF1mo2OZ0lJwAjITvwdMgqYG_HxglMYey7El" tar=
get=3D"_blank" rel=3D"noopener noreferrer">told Decrypt</a>.</li> </ul> <p =
style=3D"margin: 0px; padding: 0px;"></p> <p style=3D"margin: 16px 0px 0px;=
 line-height: 1.6; word-break: break-word;"><strong>Why it matters=E2=80=A6=
 </strong>Crypto prices are just one measure of the health of the cryptoeco=
nomy. With a week left in January, OpenSea shattered its monthly sales volu=
me record =E2=80=94&nbsp;tallying <a href=3D"https://links.coinbase.com/u/c=
lick?_t=3D3aca56371967418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c96=
8da52&_e=3DlU3Awtu6wvml4DY8pGaXSD7saPV_YlaA2fi43D4Fda5hYTudvFa0LT4nUHRyR4GF=
9rDaOlKHhBMnFLLZRgdY0gph3BGgPjjCCWD8XbuUAyd2K9jShYNukkeSh3wlLh1vqbp2BYoxOJ8=
2JszbGE7D1P98hbJqiGM_iifewA8lJx3VPmibvVnBS-WRYnMW0dVdLQ5tmKD3DveRs3crsqqd37=
s94ssWM9hxwJ5jooNn6JMC4PlggX6I1zB5D0rztlsEKKKnG3XLwP04UqwPQzp80vNUWLcwUpSX5=
bdKnof4iYY1eQxLzRP0IQaG3rWfmTBBO-orB21gqvzEjOtHHCbCsEoBnYSVwCe0U7ngiLPlHsYK=
LOm6geqm-YBhH2AzLx8BuZKZPKEvIlcQY9Qb9Ix_BgQ1MKjvx8HOdOD6dQfuzx26Srw3jUrmK4z=
3g6NiCB0FfXsJnXB5ZHBAb9H5t8Pc4BbcUtzC7Du9vX5n-91ifgOhtNLPDFDI0bp4F_5zRt6Gzv=
CXgUOq6i0VN6SQ2lDed0SRVZn4zKX_lXj7z2zERp-sAk9fv4hoh74VQWZG1PasLvJOK1hv9_cKl=
k_vFA9rEO2rwRwOPHmQM8OOVNL_fYg%3D" target=3D"_blank" rel=3D"noopener norefe=
rrer">more than $4 billion in trading volume</a>, nearly 20% more than its =
previous monthly record of $3.4 billion set in August. Also defying the bro=
ader downtrend is NBA Top Shot, which =E2=80=94 after slumping for months =
=E2=80=94 launched a new ad campaign with Brooklyn Nets star Kevin Durant a=
nd <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca56371967418192255=
878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaX=
SEWW3c9Jms8wQAv7HQRRFTXKKJdp0PvPFOzgY8lro1Qg7EIrAOdT5i9pmFbRPVjYb3iH3yYjimL=
0ei5D0x2HOA-vX56VK-KM4KKHl26rLCFMADtGk-e5p7vNLbTnzYDMJpfHa_nckd4GbHk0A8neaY=
7a0D6UUIqeq6_4uJsy1zYGVt9yU7leh42b9Mo7yJlddV01o25sslbBVBK8DzFRmM3ux4c5HJ6q0=
0xPIQgNL8X3h1oeZE6cV-pZcl2Y-EqmGaIJBHIIuGyRMMuQTfecDNNeBW9YFiH4KCDv706oyXp8=
UuSialt9pbFlouRlc1-FbDFMb8KBxBwE83K86Vqf9s_51BpkcIKoSqf1YPYM28CAocTFdYfWblh=
zSNWge0AlRvJOna4kC6_vjxRitxB3FLXvJx2ztWa4JE4Rwc0dwKVYgmOMRLsb_A7OO8C2YtLTqg=
%3D%3D" target=3D"_blank" rel=3D"noopener noreferrer">saw trade volume</a> =
surge 72% in the period between December 22 and January 22, with more than =
$53 million in sales. And for many corporate giants, volatility doesn=E2=80=
=99t seem to be a <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca56=
371967418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Aw=
tu6wvml4DY8pGaXSA4tLBWmISussTROmwvOQWn7sEc6o6eEYRmjw9nhmA4__sjLxPDyuRa8TDZI=
0Ytbf12pXDFCsGwJDe0yOS5TGb_hD6UnmSyO5JcUCxlEWdpe477Gyk_PZ4w5wIzgiz1PjxqQwIF=
gT_5VDVEgvVl7wthNcUEBWeE9RfOp3PYX5eyPxkvboiaxXwmDv6O37WsJq2vSzAwDXS6pgvV6AT=
7HnG_4Ph-ZcDu7_15ue2sNtICqx-Y8xutQMYCuHUoz-u0WVenJ1_iPh6E80S1t6ezSCc96V71R0=
JygBmBvRYWDSULLvR_ofxUa53JH0stALer8T5zP3sCC_Sajw0Iu-DNhx7AJtp36Zg2mQZiTcNK9=
kEXWaYvUg_ugDTaVY-cGSS6cMU1SJJdXsPnIkpdGUC3zp0wseXXNr9ls3yl5c-wtBkpKuZrtlLS=
S0_ZeuytEltI9FjhbZPigMsGlPwT2A6ysKIjxOwY_Q1V4i4n_YRw_OIomn8E2HmbmWClzB_EJ9M=
PRng%3D%3D" target=3D"_blank" rel=3D"noopener noreferrer">major concern</a>=
. After all, it=E2=80=99s a common adage in crypto that those <a href=3D"ht=
tps://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=
=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSCyIXlCZUv8YXB=
cXUCbGS77Z09lWzANXcWFKvZy40K85xVEj6IGqTF3e5Nm-sijALXgFY0vQ7E5slc279xeVAi_TQ=
Ggg1KMX-lAkf2T-obIln3spBhjVChZ2yh6LaE2ygAlNSC7842DqhwQ6L_huqWVPdMtpznmhhbQx=
Hj_jYbfWQDnwGxIEqcPdUQ6H1RHkDJMo2ArBLt3GnVO5jjnZyJFIWYHPxn3mTu-bWJls6RrJqvF=
FLWZkcRMx4Mc3s823q7RPyks4aMbk8bLcRS4pz7-UlN-G-V1AtYnpHdGnRGUy5OOydtZ6L9rl5i=
j1P9W2rgsfGkdGs2wGi_TesKlA7E1MYwTeynyv7eZH2yRXaF8uCFBE9kRXDjvbSXoHt6637t9kY=
5eDc6qnUvxCwuinnMm6OKei2EKoAoCBbgDiDRgq" target=3D"_blank" rel=3D"noopener =
noreferrer">who build during downturns</a> are best positioned during rebou=
nds. </p> <div class=3D"cta_button" style=3D"margin: 24px 0px 0px; padding:=
 0px; width: 50%;"><!--[if mso]><table width=3D"100%" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" style=3D"border-spacing:0;border-collapse:colla=
pse;mso-table-lspace:0pt;mso-table-rspace:0pt;"><tr><td style=3D"padding:0;=
" align=3D"left"> <v:roundrect xmlns:v=3D"urn:schemas-microsoft-com:vml" xm=
lns:w=3D"urn:schemas-microsoft-com:office:word" href=3D"https://links.coinb=
ase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D9b80a1095a15488b=
ad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSHvhS3BIW9UyeDXDyk5LiKDTIO_L1P5RM=
Absnqh3L4i_cwv9y8vLrBeAc71pMDtGBaPcdVWSJUztgS6xRjL_uGL1q0Pq5IY_s1Y9tOtUdWQ5=
_9JlTNfarr7bcczUr6P4f7Di-ua526vRwn3H2vZ_bGimvPzpNchT8ZY3irdSpb1eJFs-fgJm9FL=
7FGFaB8y59UWeqpimd37a3ruOdORqGDbfFMsSAkOW5Tp9kzq7zf7vH3e04rNKV67e63xufY02Vw=
NzY_5LEbdpBGAouvMAnxtA_5TZCecdW3bBD2zZEUHFPV-lHU1m1fii1uQeBfy7K01cZqETyoOqm=
jn1XZw5LXmv7kIDcUk-XlTSWrVBEqra3l8AbM25L8c4rjIwdXJaZdH1RrjjnlPPcMj6YuQSZtDv=
B24xYvNWerxx-Y67bZ2rZQiv5IE9i6Kb2-b0BRhH4mug2yI7a-5b-7qxUxiXdKhMLua5rCdW3M0=
mt4G8AReCMnWqC1diRY-0DGVVGIBgTxxhAJ98Bka-eJGVLmrcwj8%3D" style=3D"width:350=
pt;v-text-anchor:middle;" arcsize=3D"17%" stroke=3D"false" fillcolor=3D"#00=
52ff"> <w:anchorlock/><v:textbox inset=3D"0,0,0,0"><center style=3D"font-fa=
mily: Helvetica Neue, Helvetica, Arial, sans-serif;"><![endif]--><a href=3D=
"https://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_=
m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSHvhS3BIW9Uye=
DXDyk5LiKDTIO_L1P5RMAbsnqh3L4i_cwv9y8vLrBeAc71pMDtGBaPcdVWSJUztgS6xRjL_uGL1=
q0Pq5IY_s1Y9tOtUdWQ5_9JlTNfarr7bcczUr6P4f7Di-ua526vRwn3H2vZ_bGimvPzpNchT8ZY=
3irdSpb1eJFs-fgJm9FL7FGFaB8y59UWeqpimd37a3ruOdORqGDbfFMsSAkOW5Tp9kzq7zf7vH3=
e04rNKV67e63xufY02VwNzY_5LEbdpBGAouvMAnxv2OK6HupNeMhYUa85AJmYlfvWS2lOXqvxhy=
yO7P0G3mmLCy5rSvDSzbVZssctF0nrgpvw1aZi-zLfInVbfzIWWLmapQ38jOnyJzwJgQB8JpQP0=
MoIViNEMnq_b9q6xZRw4WejZ7EHASb9kEs6_yIDVzO7wLtRCgYYrostuucLN09FyzqC8sgtPf5y=
uzsS-UT3KQ02FMuzYRMsWTuiJVxPMG45OHAFrQEtkAtN2hfl9vVAhmzMHCZGj19mJcns7yH0%3D=
" target=3D"_blank" rel=3D"noopener noreferrer" style=3D"display: block; ma=
rgin: 0px; line-height: 1.2; font-size: 16px; text-decoration: none; color:=
 rgb(255, 255, 255); background-color: rgb(0, 82, 255); border-radius: 8px;=
 text-align: center; padding: 18px 0px;"><strong>Read our 2021 report</stro=
ng></a><!--[if mso]></center></v:textbox></v:roundrect></td></tr></table><!=
[endif]--></div> <a href=3D"https://links.coinbase.com/a/click?_t=3D3aca563=
71967418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awt=
u6wvml4DY8pGaXSNYLB2uxhlulrhElqiHBskrHftuc6yjce7GjCpZ7YRqYSrPp_Nes9bh0IhxvA=
3ESdaf19gmUTUX1U6ikXOGZJRFlHg90fX8J3dRf1FCnKz1mFx-1sxGEmoA6TQtY5m-GIBgo-PHb=
xENeggNCwKckAtr8fJaSiRbg6idIhvmsxQrX7-tyBdQ99hHx9QcODY-TvH4cah8WcyzncOhlOVu=
fJqGTFSu2r6tjZh4TLvBRpCU9H_cmVBA0j6bHC6BKbj9CnnX4zul9khsEGy9kyX1aE0gVPqzvO3=
UoED0tJk1UrGe7ilgsjTIYTfZ_q9bLkKr-6fNhq9sJCL6sUnymwv06S9L2Se6iF9Nu5PKEIgXZJ=
0zRgL-PcqGFW94NhZ1AAypfqA%3D%3D" target=3D"_blank" rel=3D"noopener noreferr=
er"><!--[if !mso]><!-- --><div class=3D"desktop_hide" style=3D"display: non=
e; max-height: 0px; overflow: hidden;"><img src=3D"https://images.ctfassets=
.net/q5ulk4bp65r7/28RPj3RUwCb6Cpby298aZI/c9e876c8644086f83cfcadb4684cb11c/n=
ew_promo-mobile-earn.png" width=3D"100%" style=3D"display: block; width: 10=
0%; margin: 64px 0px;"></div><!--<![endif]--> <div class=3D"mobile_hide"><i=
mg src=3D"https://images.ctfassets.net/q5ulk4bp65r7/6I0yCrePeiDJSGjYQ71pdp/=
ea86db5907bfdb3766afc7122b5417de/new_promo-desktop-earn.png" width=3D"100%"=
 style=3D"display: block; width: 100%; margin: 64px 0px;"></div> </a> <div =
style=3D"margin-bottom: 16px;"> <table style=3D"margin: 0px; padding: 0px;"=
> <tbody> <tr> <td style=3D"margin: 0px; padding-right: 11px; vertical-alig=
n: middle;"><img src=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/=
Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9=
689713/dot-1.5x.png" width=3D"12" height=3D"12" style=3D"display: block; wi=
dth: 12px; height: 12px;"></td> <td style=3D"margin: 0px; padding: 0px; ver=
tical-align: middle;"><p style=3D"margin: 0px; font-size: 16px; letter-spac=
ing: 0.075em;"><strong> NUMBERS TO KNOW </strong></p></td> </tr> </tbody> <=
/table> </div> <p style=3D"margin: 16px 0px 0px; font-size: 32px;"><strong>=
$150,000</strong></p> <p style=3D"margin: 4px 0px 0px; line-height: 1.6; wo=
rd-break: break-word;"><a href=3D"https://links.coinbase.com/u/click?_t=3D3=
aca56371967418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3D=
lU3Awtu6wvml4DY8pGaXSDJeDAFLrUOd71QKWLahatJdsIsSLSTmOdFhlkP5AQUqzhkWjdM3yhJ=
GufpHQ-rVBGHCG2BKZ5AOCHWWNiO7Tv3gWhFJ2wSYiERV_jkYL0-5K2bIcESVPNQRNCGICQ806K=
H0_lSl4z5FOrJA81gHh7AaiauEutkBtTE9SH7x1UECCSYuTbE8_OQUj_t8gAwwLkyqDlcQ6nigo=
HH1Xq-PM2JNYONCnXPoMmIxdC5mIQ4rrJTQXxaq8Pb86pr5zI_8IA40BX6bGvhvhOnvxJbdFn_W=
Fh3FeN2zu9zAqsA4YzfHul3LPLBYvV4zLgd5pYS21A-1W7wY-Jsv74pKZ8hPo1apjRT6WHG2xEs=
V4S75x32VbxmzWBRKLx4AW_f3IKgUk2VdEjkmlORJenZj6oTT07gKpXo0j74XMGt5V0DwLScgZe=
gpW1hPuzIXv01cxw_xUQ4zAXRSAJxeBNfGCiOO_JT_og-ga9EBOTtx718yfTGY-HWXqtdGN_WOk=
U6wBPcmbRLJ6YPz1srEk5ffBWOpg4PXwKufcelvvW35eA3qEWE56saEy8vs7YVeQ1-J2Nk-rw%3=
D%3D" target=3D"_blank" rel=3D"noopener noreferrer">Amount</a> that Coinbas=
e has granted to a pilot project in Haiti to distribute cash assistance (in=
 the form of stablecoins on the Celo blockchain) to hundreds of families ex=
periencing socioeconomic hardship due to years of conflict, the pandemic, a=
nd a devastating earthquake last August. Dozens of local merchants have bee=
n onboarded to the program and will be able to accept the <a href=3D"https:=
//links.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D9b8=
0a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSNYLB2uxhlulrhElqiHB=
skoooraw6qsD0ZvZb-qQaCxEiP6tretiBZGLZ0azp7zoL6JKMYdPQxH1OjueXRmwYoB-dM_ys4R=
CRq2XnKrSGNCU-MYm9ykTSfSPnQgzOektxSzBEDhBngjWlQgZNuYKP9xCYJejQkk7uJVtnk9zU2=
LPTHlaAtdzxYnxagx64MS0rtEKPaYEdiaenesqNWW9nF3OxQneehx0P_EuRpJM7PLg8BNG6MMuA=
Oay2V5wRUgMRSOsORPcjZ9iNxbwZtCL30mvg2NvMH3yT59n4CCyhY5ObVYQ-0I5UlSpyghIeAbB=
jpJQIVaO2aVlYYL4AQECVD8THyGhYGuNC0_X_zjBgcXk-zyitqYWD4UL4k_8neGVmVG3mx9ayPo=
Aym-rSqyfsrKhpqGontc7_SNixCRW6uJo" target=3D"_blank" rel=3D"noopener norefe=
rrer">stablecoins</a> as payment for goods. </p> <p style=3D"margin: 16px 0=
px 0px; font-size: 32px;"><strong>349.5 ETH</strong></p> <p style=3D"margin=
: 4px 0px 0px; line-height: 1.6; word-break: break-word;">Amount Brazilian =
soccer superstar Neymar Jr. spent on a pair of <a href=3D"https://links.coi=
nbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D9b80a1095a1548=
8bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSKl2A2uSijF20lsQ4RlVO82m86XrB1g=
BXgXl2ULuPiwQKAVHYaEyZqNCVk-ixXLtqV9vwFiBO3z-GbKHVaPWJZpVZW-lauN_UDk0DxkiEv=
Vd4uXWSExNEAfDnWvDgvxUvN5vXlfwm6B0PHoaXHM42PXEs1AFh1IW7pNBzsy0tPZp0uTO-e33J=
7gb7_EdniV7KoxT4QzaodlsbtvOzeTTXC4KM4lXoMh0Kv2G4CgVqckCteLNcsNx4KTFcLDudYit=
9RRT1hIxAT0UckvIZGXm-f05ta1TfCFZf7V_NFThX629xVjbsB1xbtvxL62JujhooXJuWZ2ZcCq=
mdp5ZVBw51BEg9QJHuwiY_AfWCP_I5nRK4HzOFQGfZ-4OHK4JQRudUyjPX-rGChC9wTYyNG8UcQ=
4mW9F5y7VNhbedKnvKYXb_" target=3D"_blank" rel=3D"noopener noreferrer">Bored=
 Apes</a> on January 20, equivalent to around $1 million at the time. The s=
ame day, Serena Williams tweeted an image of a pink Ape given to her by her=
 husband, Reddit co-founder <a href=3D"https://links.coinbase.com/u/click?_=
t=3D3aca56371967418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&=
_e=3DlU3Awtu6wvml4DY8pGaXSM8zMSebsH2RqKOhQfTo4wrRMQtS0TqwW-5z1TQ0l5xGInNjGy=
FvGtYv2DgZhjio8gW5Rcb4AMHtmZ3H1IvasMBlOm9lIFFuj5JvEq9Cc9edEtbjBi0smH5Sk-H-J=
ErLE-P6L2JofKhFxvRkRxUem2wHPfc1mHlq394NyoVktRpjeL2W9w4xdoaCKueZG903j8bVbTZx=
ZaTZKjZirws0qs9-LBuZFBaNUyAkO5OQdER8K8FURk4lXt0-q4Y1eJNs_zEbVMEu6HBEXRncj8C=
kOowGrnqZPOwHzCCpGuQGRUgBPmI8OJHHnyhGTpSCQfualq9BIbZilAVPxZMNACBUu3MpoqsMik=
nfMbL4fklRNEaH2RtWWWK8ZHIuQKgJkFbkk416x-8IwKG2Ht-IuoeIFdA%3D" target=3D"_bl=
ank" rel=3D"noopener noreferrer">Alexis Ohanian</a>. Ohanian purchased the =
NFT on January 5 for 117 ETH, which was worth around $450,000 at the time. =
Commenting on Williams=E2=80=99 <a href=3D"https://links.coinbase.com/u/cli=
ck?_t=3D3aca56371967418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968d=
a52&_e=3DlU3Awtu6wvml4DY8pGaXSCl1AOmSbp3oOhlNya9k46Dmg7mA_mDOTXAicNHwH2Yhtf=
teEYOE58RGQYRW5AtWM5pb541B6EN61V6EBWg_j3uCh5FZwVBpbDaKslummGiAhNPSKCcOWwU3V=
FpoMMHKgo-XGuAtpw5EaeO2pkkUQbdRazWx2vcPcr9TIhtv_2LollAkeJs4_WqDPjz_vUmHIqFn=
bUss6ysM_zve_H8fbNz9Ych9b2-pAcL9XxxQHOXr7n7_GeGne1MIFAf8DL0dlLnlrWkCF8Q7R0R=
e-00J2zZZsvdPGil-0G-95nj1wvQUjlexQ8DxlS5sRoX7ptsBnUx_7DXwUHoZhrxY-_H6IElMJd=
-wjTrAFvrKYWXnufEWuYymHLLE64iaNftrZjhHPMboj-SCgSD2iip8Y8eKwRGRuJdM_cuSz5erg=
RxvLmnd" target=3D"_blank" rel=3D"noopener noreferrer">tweet</a>, Ohanian s=
aid: =E2=80=9CFirst I get you the <a href=3D"https://links.coinbase.com/u/c=
lick?_t=3D3aca56371967418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c96=
8da52&_e=3DlU3Awtu6wvml4DY8pGaXSGEp-cmf3EFcpiEHggZgsW2L3FR_9XiIDZfXyZYydbCM=
hLmdonh2dmvsKtPwL2HkJsTfSKKWpKr6uGkYcya8QRg2jNpK3Xs7f35LZX0WVmQVsLhJDCzbNi4=
DE8jznobbQ6LEe0LKNCXNIES8jIP44ohKgRFk4uJQySSvRt4aPZ63v18PEJwY0YS97FYD2UkFBi=
yKBqDxEtFM4MLjmcKmYWHk-hw-UmwCoxHJr1XFOoIqM3DLta-WWd8fuoSLfOUsGHMMOasyOClbM=
lEvGOz8sOl7Ik8QegylGVKKwGiJ4T-DpI9IIW8aV-C237xQc5Klfqv8dOaR9Zbrw0rNQZTA-tS_=
g5dQvxt7MXwJqgjUV_74xK1ijcyMWNBXp4Dhlp5iTn7vDgUD01kZRa5zVNJHINgdOqm7V80Lwbj=
bKjmjFSkW" target=3D"_blank" rel=3D"noopener noreferrer">SerenaPunk</a>, no=
w I get the pink ape you wanted=E2=80=A6 you realize I=E2=80=99m only gifti=
ng you NFTs from now on, right?=E2=80=9D</p> <p style=3D"margin: 16px 0px 0=
px; font-size: 32px;"><strong>75%</strong></p> <p style=3D"margin: 4px 0px =
0px; line-height: 1.6; word-break: break-word;">Approximate share of Bitcoi=
n=E2=80=99s current supply that is <a href=3D"https://links.coinbase.com/u/=
click?_t=3D3aca56371967418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c9=
68da52&_e=3DlU3Awtu6wvml4DY8pGaXSIlPNgFaupraSqZHTjALB-clywEIwMcl8Y2q1SFcc04=
b6sPptDtX0WhcYcdy5-59QrKzfUqqYOJar6QxhEVC396ccqHDm6zb8Nfov-C9d370WbpQZUEDrL=
vLNHvyCNm46DceCQGOC1oVJBSkwlhKZonLLRu5qiV-rFT5n_TCLegZwSOL5i_IRhLoRnS7iki9q=
aGL21vIDtJfnJM_-a7C8aFFgm2zcI-DYJFpplw-RcY31pD5972zIipUtzSLAlTQpbIs5udpeC30=
IVfqrUX3DkC3-GeSkHXdAL9BOGdtMtmKM9-ayHBxFgI2WI4rso5pzuJI2E-OEq98AN8o9Rf4OBg=
SBVFdAfBcoMRLMjqgpX0yZlRwUOO4eH5dT4D7Ol0cqUsm7P8GDKvpNVy2QhejIhp1DsT9hqhJZx=
0Ye8ZAlMgz" target=3D"_blank" rel=3D"noopener noreferrer">considered =E2=80=
=9Cilliquid=E2=80=9D</a> because it=E2=80=99s held offline in hardware wall=
ets. Even as BTC prices have tumbled in recent weeks, the share of illiquid=
 supply has continued to rise, potentially indicating that many holders hav=
e no intentions of selling. </p> <div class=3D"cta_button" style=3D"margin:=
 24px 0px 0px; padding: 0px; width: 50%;"><!--[if mso]><table width=3D"100%=
" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"border-spacing:=
0;border-collapse:collapse;mso-table-lspace:0pt;mso-table-rspace:0pt;"><tr>=
<td style=3D"padding:0;" align=3D"left"> <v:roundrect xmlns:v=3D"urn:schema=
s-microsoft-com:vml" xmlns:w=3D"urn:schemas-microsoft-com:office:word" href=
=3D"https://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e968971=
3&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSHmbOKNYus=
Sp4k1NDWFKs7fe98_xsnGb_RfWW33zctflqJoWUckZgBbmY4MU8J9DNU6S1Ivc1jShRDraYIq-n=
13PhOBRWnz8n5-sAOc2TBczc2FAw8ZPpIhxaWZ5VV-WmimXz8QAKFXZuZ-x_f4muaRdQuO6P3SV=
VQsUXk3xAkGhYprv9l3YD1dhgPNZIln0eqXTyOIOJPXwYV0bM-sB9nKGIVhRXX4rWRBwNCfyFCW=
2yatcOOOb2TNOEr70_8AkOi-hii3PoFWuNsgK9qfoTLsHp7cjx_uRYnj0tna4j1_rVWvp-THe4S=
EOsdeHUiFmigH2Dqcr_EYTouEENIGaZaMnj8Ae9-QaLGmjRh29KYVPX3kH4x8qPkEgAxjkzU3pZ=
T7oP2jvzpV0-RCu15zp-8VQVNbH69pgzwBepwVPj8py6xNQXt7WIJezOzjMqlogYRgvtu7a-9HO=
CZM0_7URTKzXR58JLH3L0cBpVcRTOaxW" style=3D"width:350pt;v-text-anchor:middle=
;" arcsize=3D"17%" stroke=3D"false" fillcolor=3D"#0052ff"> <w:anchorlock/><=
v:textbox inset=3D"0,0,0,0"><center style=3D"font-family: Helvetica Neue, H=
elvetica, Arial, sans-serif;"><![endif]--><a href=3D"https://links.coinbase=
.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D9b80a1095a15488bad6=
7d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSHmbOKNYusSp4k1NDWFKs7fe98_xsnGb_RfW=
W33zctflqJoWUckZgBbmY4MU8J9DNU6S1Ivc1jShRDraYIq-n13PhOBRWnz8n5-sAOc2TBczc2F=
Aw8ZPpIhxaWZ5VV-WmimXz8QAKFXZuZ-x_f4muaRdQuO6P3SVVQsUXk3xAkGhYprv9l3YD1dhgP=
NZIln0eqXTyOIOJPXwYV0bM-sB9nKGIVhRXX4rWRBwNCfyFCW2Qlq1szTLhsKIrfA-0NjEtaBZQ=
3NA9CZbyy13b-ikyFtMi7_MgB2Z-PbMOwsnyzv8mQ0qyfd9PPTMUDlsiPqo0TW6NRAc5ivyNmkb=
Yts6zS3qjAsVPOajlKOJmJsxyDRXKxxLW0AnvKvgMNcISeXIqDRmoYsh5HZjjPZnsLNUoQvEIlm=
dOSvYSOER7rf50mPr9kePtubtyS-8m7DNbcv2Dkyw9sYpQuwJlHbiqUjhim6U_pZhvWAIDAcNnn=
lezgGZ" target=3D"_blank" rel=3D"noopener noreferrer" style=3D"display: blo=
ck; margin: 0px; line-height: 1.2; font-size: 16px; text-decoration: none; =
color: rgb(255, 255, 255); background-color: rgb(0, 82, 255); border-radius=
: 8px; text-align: center; padding: 18px 0px;"><strong>Learn about crypto w=
allets</strong></a><!--[if mso]></center></v:textbox></v:roundrect></td></t=
r></table><![endif]--></div> <table width=3D"100%" role=3D"presentation" va=
lign=3D"top" style=3D"table-layout: fixed; vertical-align: top; border-spac=
ing: 0px; border-collapse: collapse; min-width: 100%; text-size-adjust: 100=
%;"> <tbody> <tr style=3D"vertical-align: top;"> <td valign=3D"top" style=
=3D"word-break: break-word; vertical-align: top; min-width: 100%; text-size=
-adjust: 100%; padding: 48px 0px;"><table border=3D"0" cellpadding=3D"0" ce=
llspacing=3D"0" width=3D"100%" align=3D"center" role=3D"presentation" valig=
n=3D"top" style=3D"table-layout: fixed; vertical-align: top; border-spacing=
: 0px; border-collapse: collapse; border-top: 2px solid rgb(222, 224, 226);=
 width: 100%;"> <tbody> <tr style=3D"vertical-align: top;"> <td valign=3D"t=
op" style=3D"word-break: break-word; vertical-align: top; text-size-adjust:=
 100%;"><span></span></td> </tr> </tbody> </table></td> </tr> </tbody> </ta=
ble> <div> <table style=3D"margin: 0px; padding: 0px;"> <tbody> <tr> <td st=
yle=3D"margin: 0px; padding-right: 11px; vertical-align: middle;"><img src=
=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d5713=
-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/dot-1.5x.png"=
 width=3D"12" height=3D"12" style=3D"display: block; width: 12px; height: 1=
2px;"></td> <td style=3D"margin: 0px; padding: 0px; vertical-align: middle;=
"><p style=3D"margin: 0px; font-size: 16px; letter-spacing: 0.075em;"><stro=
ng> TUNE IN </strong></p></td> </tr> </tbody> </table> <p style=3D"margin: =
5px 0px 0px; font-size: 32px; line-height: 1.26; word-break: break-word;"><=
strong>How many humans does it take to run a blockchain? </strong></p> </di=
v> <p style=3D"margin: 16px 0px 0px; line-height: 1.6; word-break: break-wo=
rd;">How many people currently maintain Bitcoin=E2=80=99s network? What abo=
ut Ethereum? On this week=E2=80=99s episode of Coinbase=E2=80=99s <a href=
=3D"https://links.coinbase.com/a/click?_t=3D3aca56371967418192255878e968971=
3&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSNYLB2uxhl=
ulrhElqiHBskpCW3jt9-MLOklGMMgGF_BD2VWWyVaShPvhMLj6LqY6YXJ-5OkiiNf1BWNc310CU=
pDkgugYBPjtmh4YbCuK8yhsxyQUcdf8wqnXzSj9SCEOqz62WWrZhyOvr8ODgmDjttFXOJdjoF17=
_BXkBRzl-bPmOw_GWw1R9H_NJe2M8LR5FBuk7ybZlh3NchfHWnB62Aa1SVbC3Tw3JMKsiZLnmsN=
CbvZWIRGHaviDFyajE10_kGTF53X-nBcxvgYmFlWnJffuTktm-gMKoESfYSGt_aO2Md6-PR3n2_=
7Y9_Pu3qyduakWsSAVB1izGXrwezeRwk-58E2TWumYX2pSTDx63sulCo_cAUI7lnTtTMytwi9s8=
g%3D%3D" target=3D"_blank" rel=3D"noopener noreferrer">Around The Block</a>=
 podcast, Maria Shen =E2=80=94 a partner at early-stage venture firm Electr=
ic Capital =E2=80=94 joins hosts Justin Mart and Katherine Wu to discuss he=
r brand-new <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca56371967=
418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvm=
l4DY8pGaXSALxpEALaUjwy3roi13iqlep6dBHMfZQB67kiWjRDYya1g4AZNCdl7vbP_qGMfv-PN=
9Pe74BpSbkcOe8VXCDzpunbKhfL3hZCbImT5WGwzKbGfXyGe5Ad31RKerNQ8rdnXZWO3ITyalIN=
MzQajuJ0CABxjNcybQcFo3kQJi2ydludthyDmzRDQ957WeipEjOVFkaTs7hRhMv7O8KCsiOJTEM=
4dycnKcYhO2Wx6JKWnv72XNluGG7dkJh9SrDyDY7tzK1xFVglcR7JQhrPZfyopnYMnPcBmecTqJ=
i4nXhHe19A75uSSPT6Y6LDqNRnxWEyCm02UVsXf6CcveOIu8KmDDfsVBlm8rJAfBHTYa-6u3LcC=
ixCxnIVk8PkA2HWnKeMfULiBqhFAINlnHLrainxhygwLYyL7PZaEPLRe7a7Ce_KmuUqvgZt0w6P=
ueeAavVXg%3D%3D" target=3D"_blank" rel=3D"noopener noreferrer">report</a> o=
n the state of blockchain developers and the fastest-growing crypto ecosyst=
ems.</p> <div class=3D"cta_button" style=3D"margin: 24px 0px 0px; padding: =
0px; width: 50%;"><!--[if mso]><table width=3D"100%" cellpadding=3D"0" cell=
spacing=3D"0" border=3D"0" style=3D"border-spacing:0;border-collapse:collap=
se;mso-table-lspace:0pt;mso-table-rspace:0pt;"><tr><td style=3D"padding:0;"=
 align=3D"left"> <v:roundrect xmlns:v=3D"urn:schemas-microsoft-com:vml" xml=
ns:w=3D"urn:schemas-microsoft-com:office:word" href=3D"https://links.coinba=
se.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D9b80a1095a15488ba=
d67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSM8zMSebsH2RqKOhQfTo4wobBna7Okyvhk=
cTvX51EeGBxZEYZD6fGnxxqA_xdjU-qMMOHYWkzdBwGX1eF5vv9u0ZuJ5pXKmcWRlP7u_cchVBZ=
6WVfhFlbzp6kdqVGfnp2DDZpKlrRDmoyK6f-YPCHU58zry--xAREu0KT8UfdKUaebjeI3cOgiiC=
8lzu2yh01iWcVZGCkeiwF2fJm6hLuVswoFP25WaqEly-1_h0tPg6lXlNyNupv51TbUxEWC_O8KB=
cDZ9GuGFG1acY5bDv8I_z7fcsVcqFMIH9IxmzdMXFmNr3jrIgxAi4wFgZMlBSUqmqfWGXBaewqO=
0UXvlpj5P0V4WCoD1vDRNejkc0KtDQffqAexyq-0vODy4A734ZSIlpzxNtqYkwhJs1hqbvspPXL=
MhHDZtWx-MQAO-ROVOn" style=3D"width:350pt;v-text-anchor:middle;" arcsize=3D=
"17%" stroke=3D"false" fillcolor=3D"#0052ff"> <w:anchorlock/><v:textbox ins=
et=3D"0,0,0,0"><center style=3D"font-family: Helvetica Neue, Helvetica, Ari=
al, sans-serif;"><![endif]--><a href=3D"https://links.coinbase.com/u/click?=
_t=3D3aca56371967418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52=
&_e=3DlU3Awtu6wvml4DY8pGaXSM8zMSebsH2RqKOhQfTo4wobBna7OkyvhkcTvX51EeGBxZEYZ=
D6fGnxxqA_xdjU-qMMOHYWkzdBwGX1eF5vv9u0ZuJ5pXKmcWRlP7u_cchVBZ6WVfhFlbzp6kdqV=
Gfnp2DDZpKlrRDmoyK6f-YPCHU58zry--xAREu0KT8UfdKUaprpIKvhrKIP4dVvXP4z0KU-fvHo=
yiFvXftaQJICYxwyu--RwfarHCq7j4abWztZYyG-LGINu2_jgdXkQlfpnm7GjqjYx38Ty4JVEZF=
yw1qkpuo7K5AL3Wn_IKKIYv5jFZ59kpSIcIAoPgoE0E1OdBLXrWSf4Tx5D-pf6dfdxRP4eYB6LM=
vWA6dDNrVSI0Od2XHSUrdVwA1wKn8HoXfbXV2NM9DCifO0i6zA3Iepdb96FtfAS49WngqdcjqSe=
9RMd" target=3D"_blank" rel=3D"noopener noreferrer" style=3D"display: block=
; margin: 0px; line-height: 1.2; font-size: 16px; text-decoration: none; co=
lor: rgb(255, 255, 255); background-color: rgb(0, 82, 255); border-radius: =
8px; text-align: center; padding: 18px 0px;"><strong>Listen to Around The B=
lock</strong></a><!--[if mso]></center></v:textbox></v:roundrect></td></tr>=
</table><![endif]--></div> <table width=3D"100%" role=3D"presentation" vali=
gn=3D"top" style=3D"table-layout: fixed; vertical-align: top; border-spacin=
g: 0px; border-collapse: collapse; min-width: 100%; text-size-adjust: 100%;=
"> <tbody> <tr style=3D"vertical-align: top;"> <td valign=3D"top" style=3D"=
word-break: break-word; vertical-align: top; min-width: 100%; text-size-adj=
ust: 100%; padding: 48px 0px;"><table border=3D"0" cellpadding=3D"0" cellsp=
acing=3D"0" width=3D"100%" align=3D"center" role=3D"presentation" valign=3D=
"top" style=3D"table-layout: fixed; vertical-align: top; border-spacing: 0p=
x; border-collapse: collapse; border-top: 2px solid rgb(222, 224, 226); wid=
th: 100%;"> <tbody> <tr style=3D"vertical-align: top;"> <td valign=3D"top" =
style=3D"word-break: break-word; vertical-align: top; text-size-adjust: 100=
%;"><span></span></td> </tr> </tbody> </table></td> </tr> </tbody> </table>=
 <div> <table style=3D"margin: 0px; padding: 0px;"> <tbody> <tr> <td style=
=3D"margin: 0px; padding-right: 11px; vertical-align: middle;"><img src=3D"=
https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b6=
a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/dot-1.5x.png" wid=
th=3D"12" height=3D"12" style=3D"display: block; width: 12px; height: 12px;=
"></td> <td style=3D"margin: 0px; padding: 0px; vertical-align: middle;"><p=
 style=3D"margin: 0px; font-size: 16px; letter-spacing: 0.075em;"><strong> =
TOKEN TRIVIA </strong></p></td> </tr> </tbody> </table> <p style=3D"margin:=
 5px 0px 0px; font-size: 32px; line-height: 1.26; word-break: break-word;">=
<strong>Which crypto blockchain is currently proof-of-stake?</strong></p> <=
/div> <div style=3D"margin-top: 16px;"> <table style=3D"line-height: 1.6; w=
ord-break: break-word;"> <tbody> <tr> <td style=3D"padding-right: 12px;"><s=
trong>A</strong></td> <td>Bitcoin</td> </tr> <tr> <td style=3D"padding-righ=
t: 12px; padding-top: 12px;"><strong>B</strong></td> <td style=3D"padding-t=
op: 12px;">Ethereum</td> </tr> <tr> <td style=3D"padding-right: 12px; paddi=
ng-top: 12px;"><strong>C</strong></td> <td style=3D"padding-top: 12px;">Car=
dano</td> </tr> <tr> <td style=3D"padding-right: 12px; padding-top: 12px;">=
<strong>D</strong></td> <td style=3D"padding-top: 12px;">Tether</td> </tr> =
</tbody> </table> </div> <p style=3D"margin: 16px 0px 0px; line-height: 1.6=
; word-break: break-word;">Find the answer at the end of the email.</p> <di=
v class=3D"cta_button" style=3D"margin: 24px 0px 0px; padding: 0px; width: =
50%;"><!--[if mso]><table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0=
" border=3D"0" style=3D"border-spacing:0;border-collapse:collapse;mso-table=
-lspace:0pt;mso-table-rspace:0pt;"><tr><td style=3D"padding:0;" align=3D"le=
ft"> <v:roundrect xmlns:v=3D"urn:schemas-microsoft-com:vml" xmlns:w=3D"urn:=
schemas-microsoft-com:office:word" href=3D"https://links.coinbase.com/a/cli=
ck?_t=3D3aca56371967418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968d=
a52&_e=3DlU3Awtu6wvml4DY8pGaXSNYLB2uxhlulrhElqiHBskoooraw6qsD0ZvZb-qQaCxEX7=
_Ps-HG2kKU6xuVH1bOWYrqA3R83JpId4vOHRNtmgKVTBPtAO6uDE82n3AhHW3jHraQyQ0dIGcPp=
z_ZQeGVPNIO4p7mrtZW3SpEKKZWoFMsn8r1jObecpC6C3fqvbQhRqdDt_ltiLjRscCwM-2d5eyn=
pAEPF9D4Hhw9SQrV4SmaVu4tg-oYHeQFcpsQWiJH6Blati6dcDwPM5vDhdVvsEhRra-x-9U5GMD=
tzKLL9tJKM6YeXfarRpYL8Cw5RD6hfVqtykF5adaOdE5HupeInrxaeyBPyDYIAsFV0OvgfBFce1=
yVnGgTxsdRKpZlPbtY9EK2U1KE2O9zum_RX7XV8FaCY9rF7ZNlnc210eHFEFCfn8MlG7gKbZzZF=
lGZmQB1PcnLMZ2Lae_De-FdyhpX9oz91u-Igi7cZ8rzooVzL9Q%3D" style=3D"width:350pt=
;v-text-anchor:middle;" arcsize=3D"17%" stroke=3D"false" fillcolor=3D"#0052=
ff"> <w:anchorlock/><v:textbox inset=3D"0,0,0,0"><center style=3D"font-fami=
ly: Helvetica Neue, Helvetica, Arial, sans-serif;"><![endif]--><a href=3D"h=
ttps://links.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=
=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSNYLB2uxhlulrh=
ElqiHBskoooraw6qsD0ZvZb-qQaCxEX7_Ps-HG2kKU6xuVH1bOWYrqA3R83JpId4vOHRNtmgKVT=
BPtAO6uDE82n3AhHW3jHraQyQ0dIGcPpz_ZQeGVPNIO4p7mrtZW3SpEKKZWoFMsn8r1jObecpC6=
C3fqvbQhRqdDt_ltiLjRscCwM-2d5eynpAEPF9D4Hhw9SQrV4SmaVu4tg-oYHeQFcpsQWiJHeMb=
D8MhbglbiWxdXIpc72QJT8KVLQuCckRKczbhlc6NKM2aDnQEN2X8n5AuV1b0M-lvLRU_fn6BQls=
6lsrn4lpdJFd83cGi6dFodNAj6T1mB3NZBOdHXaeAxEQ3LPf1gCLiydSWX1iEHBLLpMCWFzm70Z=
i_RV9JcTTYmwSFyV1BlSQcpd9QuV3Ky4oW2DthdM2nJbr4WYHS3z0zskGo-TLV-ImX1JMb6M7Mj=
iL-lAXQ%3D" target=3D"_blank" rel=3D"noopener noreferrer" style=3D"display:=
 block; margin: 0px; line-height: 1.2; font-size: 16px; text-decoration: no=
ne; color: rgb(255, 255, 255); background-color: rgb(0, 82, 255); border-ra=
dius: 8px; text-align: center; padding: 18px 0px;"><strong>Learn about proo=
f of stake</strong></a><!--[if mso]></center></v:textbox></v:roundrect></td=
></tr></table><![endif]--></div> <table width=3D"100%" role=3D"presentation=
" valign=3D"top" style=3D"table-layout: fixed; vertical-align: top; border-=
spacing: 0px; border-collapse: collapse; min-width: 100%; text-size-adjust:=
 100%;"> <tbody> <tr style=3D"vertical-align: top;"> <td valign=3D"top" sty=
le=3D"word-break: break-word; vertical-align: top; min-width: 100%; text-si=
ze-adjust: 100%; padding: 48px 0px;"><table border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" width=3D"100%" align=3D"center" role=3D"presentation" val=
ign=3D"top" style=3D"table-layout: fixed; vertical-align: top; border-spaci=
ng: 0px; border-collapse: collapse; border-top: 2px solid rgb(222, 224, 226=
); width: 100%;"> <tbody> <tr style=3D"vertical-align: top;"> <td valign=3D=
"top" style=3D"word-break: break-word; vertical-align: top; text-size-adjus=
t: 100%;"><span></span></td> </tr> </tbody> </table></td> </tr> </tbody> </=
table> <div> <table style=3D"margin: 0px; padding: 0px;"> <tbody> <tr> <td =
style=3D"margin: 0px; padding-right: 11px; vertical-align: middle;"><img sr=
c=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d571=
3-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/dot-1.5x.png=
" width=3D"12" height=3D"12" style=3D"display: block; width: 12px; height: =
12px;"></td> <td style=3D"margin: 0px; padding: 0px; vertical-align: middle=
;"><p style=3D"margin: 0px; font-size: 16px; letter-spacing: 0.075em;"><str=
ong> NOW TRADING ON COINBASE </strong></p></td> </tr> </tbody> </table> </d=
iv> <a href=3D"https://links.coinbase.com/a/click?_t=3D3aca5637196741819225=
5878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGa=
XSNYLB2uxhlulrhElqiHBskr1UO-ky-y7jkv1kMqhCMaKrvJdVjUDjOzHkTu5UJC0SEAGQZuHaN=
j_2DCpseFPtbtbpbZZUrPgDFydLZ_dbHVaCwpUZKBWWePRNDnPQEh66sNnDfKhJz3f_sRaV2E-v=
9CyVx9bGqHxbHCWYT1T0v2O8kFBZfH2RtKsKb-q2biGOXWu8KfG6D8rFO8dy-xLIURUzPxLR-u9=
I4aI9IHnOAWkJnjD-ijj-i5rlqRkjEm5tlIzCzP_foSA-0p-C-lxQNcloXtGj8wX_b1fLF2h7oT=
GHh66nlXhYfe4hnrmmQn6cqk5qyYp6oFKlab4Y2jh879Gg6bd0os5yxhqH1wf17v5SA77ww-TiJ=
z241FQqovrluMWGvS8pMZHqLPyErRFAAE%3D" target=3D"_blank" rel=3D"noopener nor=
eferrer" style=3D"color: rgb(10, 11, 13); text-decoration: none;"> <table s=
tyle=3D"margin: 16px 0px 0px; width: 100%;"> <tbody> <tr> <td style=3D"font=
-size: 32px; line-height: 1.26; word-break: break-word; vertical-align: mid=
dle; white-space: nowrap;"><strong>STX</strong></td> <td style=3D"vertical-=
align: middle; padding-left: 12px;"><img src=3D"https://dynamic-assets.coin=
base.com/000951bed6d9da0da8ca608655445b9ca0dc746783eed39029df4adda94b217dd0=
cff3607d3fe28aaa85ae556a55359ce6ce488a0f66c49ded01ec2e44549d56/asset_icons/=
4071fa869fa2fe84254afe04ccf4a21bb97b53cff988e4b8929009c2de6fae0c.png" width=
=3D"26" height=3D"26" style=3D"display: block; width: 26px; height: 26px; v=
ertical-align: middle;"></td> <td style=3D"vertical-align: middle; text-ali=
gn: right; width: 100%;"><img src=3D"https://d15k2d11r6t6rl.cloudfront.net/=
public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca563719674=
18192255878e9689713/Newsletter%20Assets/newlistings_light.png" width=3D"21"=
 height=3D"18" style=3D"width: 21px; height: 18px; vertical-align: middle;"=
></td> </tr> </tbody> </table> <p style=3D"margin: 0px; line-height: 1.6;">=
STX is the native token of the Stacks network, which aims to enable DeFi, N=
FTs, apps, and smart contracts for Bitcoin. </p> </a><a href=3D"https://lin=
ks.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3D9b80a109=
5a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSNYLB2uxhlulrhElqiHBskr2A=
DcODvWjAIo-35IO571klNrmUVYAhGgZ6yaXvcCq_uO7prS57eziuubK4twE-OZC-mptSovvGm-4=
3vBPjmgBMhq6hVHGHc9-6AzFNUQoclloVxxtSoc5rK7USWecmMsPBR5XvC3PwoIKFYi7mYAXaXi=
jeQHw7SOnW_9PjVL0PNh9Uj4rVhTf0tOiPgZkktfAWWnLRFAChK04kwCbcxoBu0htecTafYrBSv=
3JX3rzVbjqEuosz_835W1q7MdcRvM63iRb6QGgPusZLjMPbTcJqeIG2TslRPYnWx6_ZGSD_fvSU=
JXNhP0ZYIpNheu4Jku7rnpHDcL1PmKZxQtGxqsvNxD9qZ7Ugl4paEfM7HP2CBnV0nyCcEMbt9Za=
GBXep3Y%3D" target=3D"_blank" rel=3D"noopener noreferrer" style=3D"color: r=
gb(10, 11, 13); text-decoration: none;"> <table style=3D"margin: 16px 0px 0=
px; width: 100%;"> <tbody> <tr> <td style=3D"font-size: 32px; line-height: =
1.26; word-break: break-word; vertical-align: middle; white-space: nowrap;"=
><strong>PRO</strong></td> <td style=3D"vertical-align: middle; padding-lef=
t: 12px;"><img src=3D"https://dynamic-assets.coinbase.com/2fc227f3a5e03da21=
bcd8a2d37ee92e9e15cafa732f84b297182e6b506c66b55dd659ef49cb0421291162e1e5369=
ab3c9668aacef6cf883318e9e1e9c53ea31e/asset_icons/85036ded328632ecd261b3bf00=
190cefae414b62b88590ef476e8f928025d56c.png" width=3D"26" height=3D"26" styl=
e=3D"display: block; width: 26px; height: 26px; vertical-align: middle;"></=
td> <td style=3D"vertical-align: middle; text-align: right; width: 100%;"><=
img src=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/6=
69d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/Newsle=
tter%20Assets/newlistings_light.png" width=3D"21" height=3D"18" style=3D"wi=
dth: 21px; height: 18px; vertical-align: middle;"></td> </tr> </tbody> </ta=
ble> <p style=3D"margin: 0px; line-height: 1.6;">PRO is an Ethereum token t=
hat powers Propy, a platform for international real estate transactions. </=
p> </a><a href=3D"https://links.coinbase.com/a/click?_t=3D3aca5637196741819=
2255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8=
pGaXSNYLB2uxhlulrhElqiHBskp58tOQJ9U6GWM7_50jjAtOdOpo4PcvfP9I5Btdhq6Tljf3FqI=
p9584mmPYVYd1hZawZwTRu4V5x5ejrRkq4VPIDT8s5g0rW-ekKYcM0EaQViFKFfD4Zo8eGIZdr7=
ReT4eaPiaF7wP0FJtQk8muSq-DABl3CuJRHMzk_gUk5HkDIpGVNu1byunWc-9nuBvC7aSu5NE9H=
G3Xr4TcPXW1h5b-ts6icBQqrx1LVKb6i-kKA71xOSEjm3aH66YxLbGNZXxcphXKDSSNt4Ig5bU0=
bKv_Rj4hToxYTpjCupFBJ-vdy7zD7D0FtedGNNb4PjLaMM3ExDNfwdhHHjtTRAV-55_z6F3dwyL=
clL1m2ze2r86fZIYs9kKpMfzWh3DZGanKyR4%3D" target=3D"_blank" rel=3D"noopener =
noreferrer" style=3D"color: rgb(10, 11, 13); text-decoration: none;"> <tabl=
e style=3D"margin: 16px 0px 0px; width: 100%;"> <tbody> <tr> <td style=3D"f=
ont-size: 32px; line-height: 1.26; word-break: break-word; vertical-align: =
middle; white-space: nowrap;"><strong>NCT</strong></td> <td style=3D"vertic=
al-align: middle; padding-left: 12px;"><img src=3D"https://dynamic-assets.c=
oinbase.com/0468cbead45f9f19e34479892187ed4edfca306fbe29d3b709b43738b0c29fd=
74ab7b339bdb547ec12b67b7d4f77690f1a383f910de8184738b9bbae695032ba/asset_ico=
ns/0368214d03079f4d161071dd3c430fb1cfb7b28637ac10c14900f3c29ab8c1e0.png" wi=
dth=3D"26" height=3D"26" style=3D"display: block; width: 26px; height: 26px=
; vertical-align: middle;"></td> <td style=3D"vertical-align: middle; text-=
align: right; width: 100%;"><img src=3D"https://d15k2d11r6t6rl.cloudfront.n=
et/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca563719=
67418192255878e9689713/Newsletter%20Assets/newlistings_light.png" width=3D"=
21" height=3D"18" style=3D"width: 21px; height: 18px; vertical-align: middl=
e;"></td> </tr> </tbody> </table> <p style=3D"margin: 0px; line-height: 1.6=
;">NCT is an Ethereum token that powers PolySwarm, a community and network =
for detecting malware. </p> </a><a href=3D"https://links.coinbase.com/a/cli=
ck?_t=3D3aca56371967418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c968d=
a52&_e=3DlU3Awtu6wvml4DY8pGaXSNYLB2uxhlulrhElqiHBskqqJa7f9-85EYJxzmbEfsGbfH=
HaHFlhzjTBJHOzvjmObhPxvxIW2u8vonZCvk7UiZYxpvpOW0N4DOEXl8t9qIyllQNfH--H7QNVp=
43RJYdXx7AIYCJE9na8PZcoMw6YMa38SzuWaRfP5cuIO0XFzMT5hzY-1J_rcyBvdDsDOAy8KX2X=
jNXHWuaWeIZZaUtTQIePTb3MszTnQPJTEVi8cWpFp0v0BKkfeup1cPyCR0HK5i_9llGJtZwRGHm=
YwxJ6oFA_gKQm96Dv46hpVo1My-krLRsnlkLFCu3Px-8zYIRKxnnc6RE2WMV8ZaYB_bKoT8VLAj=
5uSh3ND6OfzK5w2UrLWPeQn_A_7HUINAIEyhIlVFQMrifIMbEniHP_6iVHam8%3D" target=3D=
"_blank" rel=3D"noopener noreferrer" style=3D"color: rgb(10, 11, 13); text-=
decoration: none;"> <table style=3D"margin: 16px 0px 0px; width: 100%;"> <t=
body> <tr> <td style=3D"font-size: 32px; line-height: 1.26; word-break: bre=
ak-word; vertical-align: middle; white-space: nowrap;"><strong>DIA</strong>=
</td> <td style=3D"vertical-align: middle; padding-left: 12px;"><img src=3D=
"https://dynamic-assets.coinbase.com/d157c473ff0b5272766f761e27e65ac276cbff=
13404053f55a6564b6347c82c2d6838128005390c5fe8735797e78784e4ae5f27f37a402b1b=
1ae7ff4b7f0a6e2/asset_icons/8330a8c0463b726ab615976b5d060a49f89b91a71d80ade=
b9483db5185d540e4.png" width=3D"26" height=3D"26" style=3D"display: block; =
width: 26px; height: 26px; vertical-align: middle;"></td> <td style=3D"vert=
ical-align: middle; text-align: right; width: 100%;"><img src=3D"https://d1=
5k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b6a-46bb-bd7=
e-c542cff6dd6a/3aca56371967418192255878e9689713/Newsletter%20Assets/newlist=
ings_light.png" width=3D"21" height=3D"18" style=3D"width: 21px; height: 18=
px; vertical-align: middle;"></td> </tr> </tbody> </table> <p style=3D"marg=
in: 0px; line-height: 1.6;">DIA is an Ethereum token that governs Decentral=
ized Information Asset (DIA), an open source Web3 data and oracle platform.=
 </p> </a> <table width=3D"100%" role=3D"presentation" valign=3D"top" style=
=3D"table-layout: fixed; vertical-align: top; border-spacing: 0px; border-c=
ollapse: collapse; min-width: 100%; text-size-adjust: 100%;"> <tbody> <tr s=
tyle=3D"vertical-align: top;"> <td valign=3D"top" style=3D"word-break: brea=
k-word; vertical-align: top; min-width: 100%; text-size-adjust: 100%; paddi=
ng: 48px 0px;"><table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" widt=
h=3D"100%" align=3D"center" role=3D"presentation" valign=3D"top" style=3D"t=
able-layout: fixed; vertical-align: top; border-spacing: 0px; border-collap=
se: collapse; border-top: 2px solid rgb(222, 224, 226); width: 100%;"> <tbo=
dy> <tr style=3D"vertical-align: top;"> <td valign=3D"top" style=3D"word-br=
eak: break-word; vertical-align: top; text-size-adjust: 100%;"><span></span=
></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <p style=3D"mar=
gin: 0px; line-height: 1.6; word-break: break-word;"><strong>Trivia answer<=
/strong></p> <table style=3D"margin: 12px 0px 0px; line-height: 1.6; word-b=
reak: break-word;"> <tbody> <tr> <td style=3D"padding-right: 12px;"><strong=
>C</strong></td> <td>Cardano</td> </tr> </tbody> </table> <table style=3D"m=
argin: 48px 0px 0px;"> <tbody> <tr> <td style=3D"text-align: left;"><img sr=
c=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d571=
3-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/Rebrand%20As=
sets/coinbase_footer_wordmark.png" alt=3D"Coinbase" height=3D"26" style=3D"=
display: block; height: 26px; margin-bottom: 24px;"></td> </tr> <tr> <td><a=
 href=3D"https://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e9=
689713&_m=3D9b80a1095a15488bad67d0d0c968da52&_e=3DlU3Awtu6wvml4DY8pGaXSHS0h=
E0j-sVL_S6PkDwRk7nrnv6heQDa1P3aGqeCKgLpzEF0ucJmKZLZdLgmTa809PLAH-xvX8SiiFQR=
KUoFJwanKUbhylGET5UkULJ1i3-6IwxYBORoPJC4JuFtGNagGudCymKlsE9lL10CiOd96C0B1pH=
LBf4KHPhYPdGfwlKMII86RvFqxscFtrCpRiX8_wKfmdcgHBNp2Se8Nkb50PjhlUondvvE8H0Rnn=
f6QQE6nt6PhL4jYABfTvLIt9yRyypsYkMDUGtpfcC5zOE_6GdmhMOHqhWR8Qwmn93OG049UkNn4=
ogvdpWKiWi-soZ0Wj5u9bJdBCjDoQfPw93DUYcbVhtrIgIy-_cC2C3bFKCwZ5QoSfFvxyRwGReJ=
g1CeT97p_aE6saqmRRyk3RxIFKweCFMlwzA9vyBQT6t3HdGa" title=3D"coinbase ios app=
" target=3D"_blank" rel=3D"noopener noreferrer"><img src=3D"https://d15k2d1=
1r6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c54=
2cff6dd6a/3aca56371967418192255878e9689713/Icons/app_apple.png" alt=3D"Down=
load on iOS App store" height=3D"46" style=3D"display: block; height: 46px;=
 margin-right: 8px;"></a></td> <td><a href=3D"https://links.coinbase.com/u/=
click?_t=3D3aca56371967418192255878e9689713&_m=3D9b80a1095a15488bad67d0d0c9=
68da52&_e=3DlU3Awtu6wvml4DY8pGaXSB-0cQJL4h2G32J6bte2YGkvgXZZgzyvIw0AjMfnoVn=
jMRLDyayhzc1we_BnVB15l9jlg11yQ5YMVAK4IdmvjumOwq8U7HmeXiRhoDQtD5zMoRBZSCcKoY=
81HO8CD3vlYkCBVAqB-Aj-8TCS3PG483GbCdkPgkNLLSsDqgTGnDw2Y6cTy93kPWGuWXAKhH7zE=
Jrgr8_OUg5G5hPT-GAMRsrFo2k9a_y7ovZRD1tFQyn6YCyF_Zh0Kb55bMy4WgFHxhEVTiyQUxh9=
0WmuTkqBKodv8_UXNUaS8wfLyVXIoDQiHOpaqRfipKK3MfY4QwYU6VdZrWwspIsH-skopWADH2B=
L8ozbkxgMe-sRzSm7d0EVVjCseTIkz5s0ATPT7N8FOVPMyC7Fa1JMm35brEjsL-kcolghYZBkfd=
ecSGXR-yQe" title=3D"coinbase android app" target=3D"_blank" rel=3D"noopene=
r noreferrer"><img src=3D"https://d15k2d11r6t6rl.cloudfront.net/public/user=
s/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878=
e9689713/Icons/app_google.png" alt=3D"Download on Google Play" height=3D"46=
" style=3D"display: block; height: 46px;"></a></td> </tr> </tbody> </table>=
 <div style=3D"margin-top: 24px;"> <p style=3D"font-size: 12px; line-height=
: 1.8; word-break: break-word; color: rgb(91, 97, 110);">Disclaimer: This m=
aterial is the property of Coinbase, Inc., its parent and affiliates ("Coin=
base"). The views and opinions expressed herein are those of the author and=
 do not necessarily reflect the views of Coinbase or its employees and summ=
arizes information and articles with respect to cryptocurrencies or related=
 topics that the author believes may be of interest. This material is for i=
nformational purposes only, and is not (i) an offer, or solicitation of an =
offer, to invest in, or to buy or sell, any interests or shares, or to part=
icipate in any investment or trading strategy, (ii) intended to provide acc=
ounting, legal, or tax advice, or investment recommendations or (iii) an of=
ficial statement of Coinbase. No representation or warranty is made, expres=
sed or implied, with respect to the accuracy or completeness of the informa=
tion or to the future performance of any digital asset, financial instrumen=
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