CryptoEconomics Newsletter 127

January 7, 2023

Jan 07, 2023

We are back with the 127th volume of 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

$9.6 trillion-asset manager Fidelity files trademark applied for an NFT marketplace and crypto trading services.
MicroStrategy increases Bitcoin holdings by 2,500 BTC.

Crypto ATM Distribution by Continents and Countries. The USA is home to 34,298 bitcoin ATMs, Canada ranks second with 2,704.

DeFi

Türkiye announced a blockchain-based digital identity application to login digital government portal.
Gemini co-founder accused DCG’s CEO of stalling their efforts to reclaim $900 million funds for Gemini Earn users.

Daily DeFi revenue for the last month.

CryptoFinance

Bankrupt cryptocurrency lender Celsius Network has agreed to let Bitcoin miner Core Scientific shut off more than 37,000 mining rigs it had been hosting for Celsius.

Former FTX CEO Sam Bankman-Fried pleaded not guilty to fraud charges in a New York federal court on Tuesday

As of January 3, 2023, metaverse game Decentraland leads the GitHub development activity with a total number of 701, followed by Polkadot/ Kusama with 339..

NFT

Ethereum had 338% more total transaction volume in 2022 (408.5 million) than the Bitcoin network (93.1 million).
Solana's largest NFT marketplace, Magic Eden, displayed incorrect images for some NFTs on Tuesday as a result of a compromised third-party image cacher.
Source: The Block

Weekly trade volume of NFTs by category for last three months.

On-Chain

Number of BTC addresses holding 0.1+ coins reached an all-time high of 4,209,356.
Amount of supply last active 1w-1m (1d MA) reached a 1-month low of 4,772,848.837 ETH.