Adoption
Analysis
On-chain metrics signal upcoming BTC volatility
Futures open interest and estimated leverage ratio reached the highest levels for over a month.
Analysis
Wallets with 0.1 BTC to 1 BTC hold over 1M Bitcoin
The total supply of addresses that host between 1 and 10 Bitcoin also surpasses 2 million.
Exchanges
Binance secures 14 licenses, grows headcount to 7,500 in 2022
The exchange has 7,500 employees and over 120 million users across the globe as of the end of 2022.
NFTs
Pudgy Penguins transaction volume surges 599% in 7 days
The transaction volume of the NFT collection is currently 1,534 ETH.
Adoption
Total NFT market cap grows 11,664% in 2 years
The current NFT total market cap is around $10 billion, which is 50% less than the total market cap in December 2021.
Bankruptcy
Celsius case ‘administrative expenses’ add up to $53M
Lawyers, bankers and other advisers in the case earned $53 million for four months of work.
NFTs
Donald Trump’s NFT’s floor price drops 80% in 10 days
The floor price for the former president's NFT collection is around 0.16 ETH.
Legal
Gemini faces lawsuit for violating the U.S. Exchange Act
The exchange allegedly didn't register its interest-bearing accounts as securities.
Analysis
Bitcoin volatility index hits historic all-time low
The BTC volatility index stood at 11.46 as of press time — the lowest its ever been.
Adoption
Less than 0.5% Nigerians have used the country’s CBDC e-Naira a year after its launch
The E-Naira has been live for 14 months and the Nigerian government is continuing to struggle with adoption despite the population's favorable stance toward crypto.
Analysis
450K BTC moved to cold storage in 2022
Around 550,000 Bitcoin left the exchange reserves, shrinking the amount of Bitcoin held on exchanges to less than 12% of the total supply.
Stablecoins
Palau reportedly partners with Ripple to launch national stablecoin
The archipelago of over 500 islands is also working on issuing NFT ID cards to its digital residents.