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 — 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

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

A previous year crypto report by Arcane.

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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 ‘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

Big news for ETH stakers. Withdrawal are coming in March this year.

It was actually expected to come later, but Ethereum developers don't want their community to sweat more.

https://blockworks.co/news/ethereum-devs-opt-for-withdrawals-in-march-and-nothing-else

Here we go.

Market outlook trends for 2023

Here’s a look at five sectors of the blockchain ecosystem that may present some of the best opportunities for accumulation while prices are low and demand is non-existent.

Layer-1 protocols
Layer-1 (L1) protocols like Bitcoin and Ethereum form the foundation that much of the cryptocurrency ecosystem is built upon and enable most of the other sectors of the market to exist.

Layer-2 protocols
According to L2Beat, which tracks the stats on the top Ethereum L2s, Arbitrum is ranked number one in terms of total value locked (TVL), followed by Optimism and dYdX.

Gaming
The gaming sector of the cryptocurrency ecosystem has proven to be one of the more resilient in terms of keeping users engaged during the current crypto winter.

The emergence of play-to-earn games like Axie Infinity (AXS) helped shine a spotlight on the possibilities of blockchain-based gaming during the bull cycle of 2021 and has led to an offshoot of numerous “-to-earn” type protocols such as move…

No matter what keep hodling guys 🙌

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#crypto

This week in Crypto.

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#crypto

The hype around NFTs have attracted the interest of more and more big brands wanting to capture a lion’s share of the market.

Here are some of the most popular brands that have dipped their toes into NFTs by launching their own NFT collections.

This week in Crypto.

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#crypto #nft

The 2022-2023 #Bitcoin Bear Market has seen the Realized cap drawdown by -18.8%, the second largest in history, and eclipsed only by the pico-bottom of the 2011 bear.

Realized capitalization is a variation of market capitalization which values each UTXO based on the price when it was last moved.

The motivation for the creation of Realized Cap was the realization that “Market Capitalization” is often an empty metric when applied to cryptocurrencies. Market Capitalization, borrowed from the world of equities.

Investors have weathered a total of $88 Billion in Net Realized losses.

LG to add meta universe support to its TVs

The company has partnered with Web3-based gaming and music platform Oorbit, making it possible for future generations of LG TVs to:

▪️ Attend virtual concerts;
▪️ Play multiplayer games;
▪️ Communicate with friends and shop;
▪️ Create and customize your avatar


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The current bear market is the longest Bitcoin bear market ever:

2011 Bear Market (163 days)
June 8th, 2011 - Nov 18th, 2011

2013-2015 (406 days)
Dec 4th, 2013 - Jan 14th, 2015

2017-2018 (364 days)
Dec 16th, 2017 - Dec 15th, 2018

2021-2022 (426 days)
Nov 8th, 2021 - Jan 8th, 2023


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