A previous year crypto report by Arcane.

For more quick updates, join us on Telegram: t.me/cryptorelevant 👈

___

Follow our work:

Data and research content infographics: @cryptorelevant
Important crypto news stories: @CryptoRelevantNews

___

#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.


Follow to get more actionable data & key insights: t.me/cryptorelevant

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.

For more quick updates, join us on Telegram: t.me/cryptorelevant 👈

___

Follow our work:

Data and research content infographics: @cryptorelevant
Important crypto news stories: @CryptoRelevantNews

___

#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.

For more quick updates, join us on Telegram: t.me/cryptorelevant 👈

___

Follow our work:

Data and research content infographics: @cryptorelevant
Important crypto news stories: @CryptoRelevantNews

___

#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 🙌

Join us on Telegram: t.me/cryptorelevant 👈

#crypto

This week in Crypto.

For more quick updates, join us on Telegram: t.me/cryptorelevant 👈

___

Follow our work:

Data and research content infographics: @cryptorelevant
Important crypto news stories: @CryptoRelevantNews

___

#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.

For more quick updates, join us on Telegram: t.me/cryptorelevant 👈

___

Follow our work:

Data and research content infographics: @cryptorelevant
Important crypto news stories: @CryptoRelevantNews

___

#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


Join us to get more actionable data & key insights: t.me/cryptorelevant

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


Join us to get more actionable data & key insights: t.me/cryptorelevant

🚨 Inflation rate Update:

Argentina 🇦🇷 92.4%
Turkey 🇹🇷 84.39%
Russia 🇷🇺 12%
Italy 🇮🇹 11.8%
UK 🇬🇧 10.7%
Euro Area 🇪🇺 10.1%
Germany 🇩🇪 10%
Netherlands 🇳🇱 9.9%
Mexico 🇲🇽 7.8%
USA 🇺🇸 7.1%
France 🇫🇷 6.2%
Brazil 🇧🇷 5.9%
India 🇮🇳 5.88%
Spain 🇪🇸 5.8%
Japan 🇯🇵 3.8%
Switzerland 🇨🇭 3%
China 🇨🇳 1.6%
Bitcoin: 1.7%

(Official data from Government real inflation could be a lot higher)


Join us to get more actionable data & key insights: t.me/cryptorelevant

✨ Satoshi Nakamoto announcing the 21 million 💰Bitcoin  limit exactly 14 years ago


🤝 @cryptorelevant

Bitcoin broke $17,000

Join us to get more actionable data & key insights: t.me/cryptorelevant

When Satoshi Nakamoto built Bitcoin, design choices were made that effectively limits the number of Bitcoins that will ever exist to (roughly) 21 million.

A fixed supply limit certainly gives Bitcoin anti-inflationary properties, but the reason it was set to 21 million is hidden in personal correspondence between Nakamoto and software developer Mike Hearn.

Nakamoto explained why they chose 21 million for Bitcoin’s supply limit, but never really expressed how.

One solid theory involves dissecting Bitcoin’s distribution model (which had been hinted at in the Hearn email), but it, unfortunately, requires some mathematics.

Many believe that Bitcoin’s 21 million limits was arbitrarily set when Nakamoto made two key decisions, that: Bitcoin should add new blocks to its blockchain every 10 minutes (on average), and the reward paid to miners (starting with 50 BTC) halves every four years.

A post on the Bitcoin section of the popular dev forum StackExchange suggested…

DAU is a popular metric used by technology experts and investors to measure both the popularity and the potential for growth of an online platform or app.

Here are the top blockchains by daily active users.

BNB Chain 806k
Ethereum 586k
Polygon 565k
Fantom 54k
Optimism 53k
Uniswap 49.6k
Arbitrum 49.2k
Avalanche 22.7k

For more quick updates, join us on Telegram: t.me/cryptorelevant 👈

___

Follow our work:

Data and research content infographics: @cryptorelevant
Important crypto news stories: @CryptoRelevantNews

___

#crypto