We are back with the 117th 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
Over the last 24 hours, Binance garnered just over 55% of the total spot volume for cryptocurrency exchanges. Only three crypto exchanges accounted for more than 5% — Upbit (6.1%), OKX (5.4%) and Coinbase (5.3%) — while Kucoin and FTX accounted for 4.7% and 4.5%, respectively.
Tether USDT will available at over 24,000 ATMs across Brazil.
Market cap value of payments and FinTech companies (B)*.
DeFi
Turkish President Recep Tayyip Erdoğan said that Turkey aims to have a leading role in the field of Blockchain.
Rishi Sunak, who planned to turn the UK into an international hub for crypto during his time as a minister, was chosen as the prime minister.
Top 15 DeFi apps by active users in the last 30 days.
CryptoFinance
Brazilian digital bank Nubank is developing its own cryptocurrency, called Nucoin, for its 70 million customers.
BNB Chain introduced $10M Growth Incentive Program fund to incentivize project growth on the blockchain.
Top 15 stablecoins market cap breakdown between January and September 2022.
NFT
The global crypto community has started to redirect its interest from Bitcoin to Web3, according to Google search trends.
Apple updated its App Store guidelines to prevent apps from using NFTs to bypass in-app purchase rules.
Top 8 blockchains for NFT trading volume between January and September 2022.
On-Chain
Due to the recent Bitcoin rise above $20,500 about $1.12B in longs and shorts was liquidated from the leading derivatives exchanges.
ETH NVT signal (7d MA) just reached a 1-month high of 1,474.035.
BTC NVT signal (7d MA) just reached a 1-month high of 209.240.
Highlights from BlockchainIST
Trends of the Week 📈
Highlights of the Week
Reading List of the Week
How do DeFi Protocols Make Money? Revenue examples with leading projects
Institutional Demand for Cryptocurrencies Global Survey 2022
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