Review of the most important events of the crypto industry in the first three months of 2023

Review of the most important events of the crypto industry in the first three months of 2023


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Bitcoin Ordinals, the rebirth of Bitcoin!

Once again, the new thing that happened in the Bitcoin network was the Ordinals, which made it possible to create NFT, and it was a new and amazing life for Bitcoin.

On December 17, 2022, the use of Ordinal inscriptions began, and its price increased after the end of January. By March 27, it reached more than 600,000.

Shanghai Ethereum – increase speed and decrease fees

In this Shanghai Ethereum update, interesting things happened that caused the fees to decrease and their speed to increase. With this update, we should expect a significant upgrade to Ethereum staking and its increase. After this upgrade, we must wait for Ethereum deposits and withdrawals and possibly fluctuations. be precious

Blur token

In the last 3 months, Blur token was highly welcomed by users and launched its NFT market on October 19, 2022. It held its third airdrop. The price of Blur started at $0.5 and reached $1.4 and increased by about 180%. 83.3% of addresses have sold their tokens, 15.6% have not yet sold their tokens, and 0.9% have have bought more

As of March 27, 41% of addresses had between 100 and 1000 BLUR tokens, and 31 of them had less than 100 BLUR tokens.

Comparison of Arbitrum and Optimism projects

Many Deti projects can easily be deployed on the chain due to Arbiterum's complete compatibility with EVM. In addition, Optimism first presented a white list containing projects that can be deployed on its chain. On the other hand, Arbiterum is far superior to Abelimism in terms of TVL and DApps, and even more It has taken over half of the market share.

In December 2021, Optimism announced that it wanted the companies that could be deployed on its platform not to be limited to the aforementioned whitelist, and that this restriction would be lifted in the first quarter of 2022 after reducing transaction fees and raising $150 million in Series B funding led by a162 and Paradigm. Officially removed.

Swipe left and right.

Project name and waiting time and transaction fee and compatibility with EVM and percentage of market share and number of DEPs

Arbitrom 7 days $0.15 compatible 54.32 398

Optimism 7 days $0.23 compatible 30.37 285

Comparison of arbitrage and optimism fees

Arbiterum and Optimism reduced transaction fees by upgrading their networks, and by increasing the volume of transactions, the transaction fees in both protocols have been almost equal over time.

Comparison of the volume of Arbiterum and Optimism transactions

Arbitrom's daily transaction volume surpassed Ethereum for six consecutive days from March 21, 2023. Arbitrum's ARB token was introduced on March 23, and its daily transaction volume reached 2.73 million on the same day (that is, 2.5 times the transaction volume of Ethereum, which is 1. It was 08 million.

Tokens related to artificial intelligence

Artificial intelligence is not only the driver of the traditional capital market and the reason for the popularity of the stocks of artificial intelligence companies around the world, but it also has similar effects on the Kerbito market. Many ambitious crypto companies have realized the growing trend of artificial intelligence, and the token price of Kerbito AI projects has increased. For example, the price of AGIX has increased by 700 in the last three months. However, the price of AI coins fell more or less towards the end of March.

ChatGPT in February this year started hot discussions centered on artificial intelligence (AI). This successful project is still in the spotlight and there are various quotes about it, including the integration of ChatGPT with Office and Azure, Google's $300 million investment in haGT's competitor Anthropic, and the use of ChatGPT for profit. They are optimistic about artificial intelligence.

Bankruptcy of American banks

March 8 – Silvergate Bank, known for its cryptocurrency-friendly stance, announced its liquidation

March 10 - Silicon Valley Bank declared bankruptcy

March 12 - New York regulators announced the closure of Signature Bank due to "systemic risks".

March 15 - The stock price of First Republic Bank fell by more than 20%.

Recently, the value of many banks has fallen with the bankruptcy of some US banks such as Signature Bank Silicon Valley Bank and First Republic Bank, and these declines in values are only the tip of the iceberg of the risks facing the US banking industry. Today, the Federal Reserve is facing an industry-wide crisis and a liquidity crisis. The collapse of the US banks prompted more attention to decentralization issues and raised the question of whether decentralization is humanity's final destination.

Thanks for reading.

 

 

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Digital-currencies-Salihhhh
Digital-currencies-Salihhhh

Vitalik Butrin is currently considered one of the most important people in the world that you should listen to, as this young man possesses exceptional intelligence and a high ability for future technical analysis. You can consider it a 2.0 version of the virtual character "Satoshi Nakamoto", who drowned all the valuable minerals and money in the world and confined it to virtual numbers. Many think that Butrin might come up with even crazier ideas than these.

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