We are back with the 106th volume of ICRYPEX CryptoEconomics Newsletter 😊. This is the first newsletter in Turkey in which you can find CryptoFinance, FinTech, DeFi, NFT and On-Chain themes all together. We have compiled this week’s metrics 📊 and news 📰.
Additionally, you can find the latest highlights from the BlockchainIST Center.
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Metrics and Stories of the Week
FinTech
BlackRock is partnering with Coinbase to make it easier for institutional investors to access digital assets. The partnership with BlackRock provides relief for the exchange, whose stock has lost more than two-thirds of its value this year so far.
Meta announced on Thursday that it is expanding its Instagram digital asset integration over 100 countries. Users need to connect their digital wallets to Instagram to post an NFT.
Top 12 countries by number of climate FinTechs.
DeFi
Following the US Treasury’s blacklisting of Tornado Cash, several central providers such as Circle (USDC), Github, and Infura have taken action against Tornado Cash-related accounts.
Chainlink ditches Ethereum PoW forks for PoS after the Merge. The Merge is expected to be realized in September.
Top 15 coins by staking market cap.
CryptoFinance
Binance and Mastercard launch Bitcoin rewards card in Argentina. The card will let users buy things and pay bills with Bitcoin and other cryptocurrencies.
The Block posted $1.79B in bitcoin transaction in the second quarter. The payments company said its overall revenue fell because of a decrease in bitcoin revenue.
Share prices of bitcoin miners, crypto holding companies, and crypto exchanges have all surged in July.
NFT
Tiger Global joins $12 million funding round for gamer infrastructure startup Lysto. Lysto provides tools for gamers to verify their credentials on a blockchain.
Microsoft gives grant to blockchain-based web3 game StarHeroes. As a result of this grant, StarHeroes now has access to work with big studios like Ubisoft and Microsoft Studios.
Decentralized NFT marketplaces with the highest number of traders in the last 30-day timeframe.
On-Chain
Ethereum NVT Signal (7d MA) just reached a 1-month high of 1,434.461.
The most gas consumer in the Ethereum network from Jan 2022 to today is Uniswap (37.23%), and it is followed by OpenSea (8.82%) and 1inch.exchange (6.55%).
Bitcoin NVT Signal (7d MA) just reached a 1-month high of 198.063.
Highlights from BlockchainIST
Trends of the Week 📈
Highlights of the Week
Reading List of the Week
BIS- Bank for International Settlement — The future monetary system
BTC On-Chain Analysis: Exchange Withdrawals Reach ATH — ‘Not Your Keys, Not Your Coins’
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