Crypto Relevant
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The best source of Crypto education and updates. We bring what's relevant to you. πŸ’―
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βœ… Major News Update βœ…


πŸ“Œ Bored Ape Yacht Club ends 2022 with a 69 ETH floor price

πŸ“Œ UK is Enforcing Exemption of Tax on Foreign Crypto Purchases

πŸ“Œ BlackRock Lends Money to Bankrupt Bitcoin Miner Core Scientific

πŸ“Œ Crypto exchanges finish 2022 with the lowest volumes in two years

πŸ“Œ Bitcoin developer claims loss of $3.3 million after PGP exploit

πŸ“Œ Binance to acquire the fifth-largest South Korean exchange Gopax.

β πŸ“Œ $62M crypto stolen in Dec was the β€˜lowest monthly figure’ in 2022: CertiK

πŸ“Œ FTX Debtors will seek the return of crypto held by Bahamas regulator

πŸ“Œ Binance.US deal with Voyager may fall under federal committee review

πŸ“Œ Sushiswap tries to breathe life back into protocol with a new tokenomics proposal

πŸ“Œ Over $8.3 trillion was wiped out of the US stock market in 2022.

πŸ“Œ Dogecoin Foundation moving 5,000,000 Dogecoin to the development fund

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Bitcoin, the world's biggest and most popular cryptocurrency is celebrating its 14th birthday today. On January 3, 2009, the first block of the Bitcoin blockchain, known as the Genesis block, was mined by the pseudonymous developer(s) known as Satoshi Nakamoto.

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#bitcoin #genesisblock
We are currently experiencing the 4th and longest bear market in Bitcoin history. One thing is for sure, Bitcoin will recover.

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#bitcoin
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Javier Gerardo Milei is an Argentine politician, businessman, and economist currently serving as a federal deputy of Buenos Aires.

The case for Bitcoin as an alternative to central banks is based both on economics and technology. Satoshi Nakamoto, Bitcoin’s inventor, defined the cryptocurrency as a β€œpeer-to-peer version of electronic cash” that allows β€œonline payments to be sent directly from one party to another without going through a financial institution.”

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Diversifying your crypto portfolio involves spreading your investment across multiple coins, tokens, or projects. Investing in a single cryptocurrency can be risky, too, even if you decide to invest in the best cryptocurrencies such as Bitcoin and Ethereum

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Binance captured 92% of the Bitcoin Spot market volume in the last week of 2022

A Jan. 3 report from Arcane highlighted that Binance saw its market dominance soar throughout 2022. As of Dec. 28 last year, it had captured 92% of the Bitcoin spot market and 61% of the BTC derivatives market by volume:

β€œThere are no other evident β€˜winners’ of 2022 other than Binance when it comes to the crypto market structure and market dominance. No matter how you look at it in terms of trading activity, Binance is the crypto market.”


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The COO of Gemini Exchange Quit

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Binance CEO Changpeng Zhao tweeted "If bitcoin is a person, it would be a young teenager now. Still early." on the 14th Birthday of Bitcoin.

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#bitcoin #czbinance
Inflation is the rate of increase in prices over a given period of time. Inflation is typically a broad measure, such as the overall increase in prices or the increase in the cost of living in a country.

Bitcoin, on the other hand, has generally increased in value much faster than the U.S. dollar has lost value β€” going from virtually worthless in 2010 to more than $16,000 in late 2022. (Because it’s a volatile market, Bitcoin has also seen dramatic spikes and declines, but the trendline over time has been upward.) This has made Bitcoin an increasingly popular hedge against fiat-currency inflation.

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#bitcoin #inflation #ethereum
Crypto Relevant Letter #98: Breakdown of The "Year In Review 2022" Report by Arcane Research


https://cryptorelevant.substack.com/p/crypto-relevant-letter-98-breakdown
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A previous year crypto report by Arcane.

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#crypto
Nearly 78% of Bitcoin’s total circulating supply is illiquid. This leaves less than 22% of all mined BTC on exchanges. The metrics show investors have been storing their Bitcoin in custodial wallets, to avoid selling them. 15M BTC is now held in self-custody storage.


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The year 2022 has been a year to remember; especially for the crypto world. To say the least, it has been eventful for the traditional and crypto market. Even during the ongoing crypto winter, many organizations and influencers with a global presence stood for Virtual Digital Assets also called as VDAs. Right from making the most of global events like FIFA, many big institutions have been joining hands with partners to stay relevant in the world that is transitioning to Web3.

Here are some of the Top Crypto Partnerships.

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#crypto #partnership
Crypto Relevant Letter #99: How Bitcoin Mining Helping States To Stabilize?


https://cryptorelevant.substack.com/p/crypto-relevant-letter-99-how-bitcoin
Bitcoin Declared β€˜Dead’ Over 200 Times in Last 5 Years.

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#crypto #bitcoin
|Macro|

US Unemployment Rate is 3.5%. It's Less Than The Expected Rate of 3.7%: Labor Department of the United States
Here we go.
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Market outlook trends for 2023
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