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Week in DeFi: Ethereum Falters Momentarily, Aragon Drama and a Potential Polygon Airdrop:
Polygon co-founder hinted at a potential Polygon ZkEVM airdrop, and MakerDAO launched its lending protocol and announced its next big upgrade — read on to find out the latest news in DeFi.

👉Details: https://coinmarketcap.com/alexandria/article/week-in-defi-ethereum-falters-momentarily-aragon-drama-and-a-potential-polygon-airdrop

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Terra Luna Founder Do Kwon Out on Bail:
Terraform Labs co-founder Do Kwon has been released from custody in Montenegro on bail.

👉Details: https://coinmarketcap.com/alexandria/article/terra-luna-founder-do-kwon-out-on-bail

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Ethereum Validator Software Patched After Finalization Issues:
Over the past few days, the Ethereum network has faced some challenges in finalizing transactions.

👉Details: https://coinmarketcap.com/alexandria/article/ethereum-validator-software-patched-after-finalization-issues

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Tether Reports $1.48 Billion Profit in Q1, Discloses Bitcoin and Gold Reserves:
Tether, the issuer of the USDT stablecoin, reported a profit of $1.48 billion in the first quarter of 2023, according to its latest assurance report.

👉Details:https://coinmarketcap.com/alexandria/article/tether-reports-dollar1.48-billion-profit-in-q1-discloses-bitcoin-and-gold-reserves

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Bitcoin Developers Debate Block of BRC-20 Transactions:
Bitcoin Core developers are considering getting rid of BRC-20 transactions, a type of smart contract that enables the creation and management of tokens on the Bitcoin network.

👉Details: https://coinmarketcap.com/alexandria/article/bitcoin-developers-debate-block-of-brc-20-transactions

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#CMC x NFTGo: 2023 #NFT Market Analysis 🔎

It's been a Roller Coaster ride for the overall Q1 #NFT Market! 🎢

Details: https://coinmarketcap.com/alexandria/article/2023-nft-market-analysis:-an-insider-look

Today, CoinMarketCap and NFT Go look at some interesting statistics & trends that happened since the beginning of 2023, including:

- Micro Trends & Liquidity
- Major Projects & Events
- Trader & Whales Analysis
- NFTFi & Valuation

When you finished diving into these Q1 #NFT statistics, spend some time participating in our special “Share to Win” Event & bring home Extra Presents! 💰
A total of $1,000 will be shared with 10 winners! 🏆

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Binance to Add Bitcoin Ordinals to Its NFT Marketplace:
Ordinals are a new way of creating and owning digital assets on the Bitcoin network.

👉Details: https://coinmarketcap.com/alexandria/article/binance-to-add-bitcoin-ordinals-to-its-nft-marketplace

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PayPal Holding Nearly $1 Billion Worth of Crypto for Their Customers:
PayPal, one of the largest electronic payments companies in the world, has recently revealed that it is holding almost $1 billion worth of cryptocurrencies on behalf of its customers.

👉Details: https://coinmarketcap.com/alexandria/article/paypal-holding-nearly-dollar1-billion-worth-of-crypto-for-their-customers

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Bitcoin Falls 5%, Pepecoin 50% Ahead of CPI Report:
The cryptocurrency market experienced a sharp decline on Monday, with Bitcoin (BTC) dropping below $27,500 for the first time since January.

👉Details: https://coinmarketcap.com/alexandria/article/bitcoin-falls-5percent-pepecoin-50percent-ahead-of-cpi-report

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Week in DeFi: ETH Gas Spikes, Curve Deploys CrvUSD and Aztec is Back:
Ethereum gas prices spikes to highest since May 2022, while Sushi deploys concentrated liquidity pools — check out these news and more in the weekly DeFi roundup you don't want to miss.

👉Details: https://coinmarketcap.com/alexandria/article/week-in-defi-eth-gas-spikes-curve-deploys-crvusd-and-aztec-is-back

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What Is an NFT Floor Price? A Comprehensive Guide:
Floor price is the lowest price an NFT is listed for sale within an NFT collection.

👉Details: https://coinmarketcap.com/alexandria/article/what-is-an-nft-floor-price

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What Is De-Dollarization And What Does It Mean For Crypto?:
With the recent talk about de-dollarization, let's explore its potential implications on the global economy, and how it may affect Bitcoin and other cryptocurrencies.


👉Details: https://coinmarketcap.com/alexandria/article/what-is-de-dollarization-and-what-does-it-mean-for-crypto

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Rate Hikes and the Fed – How Do They Affect Crypto Markets?:
The relationship between the Fed and financial markets is complex. Learn how changes in the monetary policy affect the markets.

👉Details: https://coinmarketcap.com/alexandria/article/rate-hikes-and-the-fed-how-do-they-affect-crypto-markets

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Last Week on Crypto Twitter: Down We Go Again:
Markets dumped but Crypto Twitter never fails to deliver — check out what went down on CT the past week.

👉Details: https://coinmarketcap.com/alexandria/article/last-week-on-crypto-twitter-down-we-go-again

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What Is Confluence and Why Is It Important in Crypto Trading?:
Crypto trading needs a synergy of various tools and indicators — discover how a combination of different tools can help you make better trading decisions!

👉Details: https://coinmarketcap.com/alexandria/article/what-is-confluence-and-why-is-it-important-in-crypto-trading

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Last Week on Crypto Twitter: Crypto Bros Printing Trillions Out of Thin Air:
Only one group is allowed to make money out of thin air — and that's not the crypto bros. Check out CT's reaction to Congressman Sherman and more in our crypto twitter roundup!

👉Details: https://coinmarketcap.com/alexandria/article/last-week-on-crypto-twitter-crypto-bros-printing-trillions-out-of-thin-air

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U.S. Congressional Democrats Working on Their Own Stablecoin Bill:
A new bill proposal on stablecoins is being considered by House Democrats, according to a source familiar with the matter.

👉Details: https://coinmarketcap.com/alexandria/article/u.s.-congressional-democrats-working-on-their-own-stablecoin-bill

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Binance Leaves Canada:
Binance, the world's largest crypto exchange, has decided to leave the country of Canada due to new regulations on the crypto industry.

👉Details: https://coinmarketcap.com/alexandria/article/binance-leaves-canada

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Elon Musk Tweet Sends Milady NFT Collection Floor Price Upwards:
Elon Musk's tweets have once again had a significant impact on the cryptocurrency market, this time in the world of non-fungible tokens (NFTs).

👉Details: https://coinmarketcap.com/alexandria/article/elon-musk-tweet-sends-milady-nft-collection-floor-price-upwards

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Bitcoin Rises, Then Drops Below $27,000, and Then Rises Again After CPI Report
: Bitcoin experienced a roller coaster ride on Wednesday, with the price of the cryptocurrency fluctuating wildly over the course of the day.

👉Details: https://coinmarketcap.com/alexandria/article/bitcoin-rises-then-drops-below-dollar27000-and-then-rises-again-after-cpi-report

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Canadian Bitcoin Exchange Launches No-KYC Onramp:
Bull Bitcoin, a Canadian bitcoin exchange, has announced a new feature that allows users to buy bitcoin without going through the Know Your Customer (KYC) verification process.

👉Details: https://coinmarketcap.com/alexandria/article/canadian-bitcoin-exchange-launches-no-kyc-onramp

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Jane Street and Jump Moving Away from Crypto:
The crypto industry in the US is facing increased regulatory pressure, which has led some of the top market-making firms to scale back their trading activities.

👉Details: https://coinmarketcap.com/alexandria/article/jane-street-and-jump-moving-away-from-crypto

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Crypto Exchange Bittrex Files for Bankruptcy:
Bittrex, one of the oldest and most popular cryptocurrency exchanges in the US, has filed for bankruptcy protection in Delaware on Monday.

👉Details: https://coinmarketcap.com/alexandria/article/crypto-exchange-bittrex-files-for-bankruptcy

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Last Week on Crypto Twitter: Memecoin Mania
: Memecoin euphoria takes over crypto, even extending to — yes, that's right — Bitcoin. Check out our weekly CT roundup!

👉Details: https://coinmarketcap.com/alexandria/article/last-week-on-crypto-twitter-memecoin-mania

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What Is Open Campus (EDU)? Features And Tokenomics:
CoinMarketCap Alexandria takes a deep dive into Open Campus, a decentralized education protocol and the latest project to be featured on Binance launchpad.

👉Details: https://coinmarketcap.com/alexandria/article/what-is-open-campus-edu-features-and-tokenomics

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What Are Utility NFTs?:
A utility NFT is an NFT that, unlike regular NFTs, offers the holder direct and intrinsic value by granting access to specific privileges.

👉Details: https://coinmarketcap.com/alexandria/article/what-are-utility-nfts

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Coin vs Token: What Is the Difference?:
Coins versus tokens — just two sides of the same crypto coins? Not quite — learn the difference between these two terms.

👉Details: https://coinmarketcap.com/alexandria/article/coin-vs-token:-what-is-the-difference

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Binance US Offers Free Web3 Domain Creation for American Users:
Leading cryptocurrency exchange Binance US has unveiled its latest offering: complimentary Web3 domain creation for its American clientele.

👉Details: https://coinmarketcap.com/alexandria/article/binance-us-offers-free-web3-domain-creation-for-american-users

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Week in DeFi: LSD Teams Going Strong, Evmos Avoids Disaster and Memecoin Mania:
Liquid staking derivative (LSD) protocols continue to ship after Shapella, memecoins surged as MEV bots run wild, and much more in our weekly DeFi roundup.

👉Details: https://coinmarketcap.com/alexandria/article/week-in-defi-lsd-teams-going-strong-evmos-avoids-disaster-and-memecoin-mania

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#CMCReport: CoinMarketCap Market Pulse (April 2023) 🔎

In this report, #CMC explores Q1 2023 in 17 charts covering Bitcoin, Ethereum, stablecoins, NFTs, L1s, L2s, DEX, CEX, and options volume.

👉 Details: https://coinmarketcap.com/alexandria/article/coinmarketcap-market-pulse-april-2023

Highlights from the report:

♦ Q1 2023 saw the #crypto market rose out of the slump it found itself in for the largest part of last quarter, in spite of ongoing macroeconomic and regulatory headwinds. With this rise came a series of mini-narratives succeeding each other in rapid fashion.

♦ Total #Crypto market cap rose by about 50% throughout Q1 2023.

♦ Despite the recent increase, the cryptocurrency market still has a long way to go to reach its all-time high, as it is currently down 60% from its peak of almost $3 trillion.

♦ TVL increased 28% from the beginning of the quarter, but remains muted, down 71% from ATH.

♦ Total #stablecoin supply started the quarter at $138B, about $4B down from where it was at the start of the previous quarter, and $25B down from its ATH of around $180B achieved from March to May 2022.

♦ Bitcoin dominance rose from 40% to 46% this quarter

♦ Ethereum dominance largely stayed flat at 18% throughout the quarter


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