Adoption
Analysis
Low volume killed 66% of coins in last 10 years
Being a scam, and hosting failed ICOs are the second and third most common reasons for coin deaths.
Bankruptcy
Judge rules $4.2B belongs to Celsius
Judge Martin Glenn ruled that the funds deposited in Earn Accounts belong to Celsius
Analysis
BTC market dominance exceeds 40% after 6 months
The last time Bitcoin dominance was over 40% was in July 2022.
NFTs
Yuga Labs’ NFT royalty income hits $107.8M in 2022
NFT collections Otherdeeds, BAYC, and MAYC made $49.9 million, $32.3 million, and $25.6 million in royalties in 2022, respectively.
Bear Market
Grayscale Ethereum Trust trades at record 59% discount
Nearly all Grayscale funds have been trading at high discount rates.
Investments
Web3 startups raised $7.1B in funding during 2022 – Gaming accounted for 62%
Gaming collected the largest amount at $4.49 billion, followed by Metaverse with $1.8 billion and Social Networks with $259.1 million.
Tokenization
Token unlocks worth $169M scheduled in January
Six token unlocks will take place between Jan. 11 and Jan. 27.
Analysis
BTC performed better than ARKK, MSTR, COIN despite 65% fall in 2022
Only DXY and Gold recorded an increase year-to-date.
NFTs
OpenSea’s dominance shrank 23% in 2022
The marketplace is at 33% dominance as its NFT transfer count falls by 25% in 2022.
Featured
Only 0.39% of Elon Musk’s $200B loss is due to BTC volatility
Musk's Tesla lost $783 million to Bitcoin volatility in 2022.
Analysis
2022 second-worst year ever for Bitcoin price – Arcane
Bitcoin price fell 65% in 2022 as opposed to the 73% decrease recorded in 2018.
Investments
Ault Alpha buys 50M shares of BitNile since September 2021
The 50 million in shares equates to a 13% stake in BitNile as of press time.