Weekly news review
📲The media space is being actively filled with thematic reports. Let’s see how the 2021 went for the crypto industry, in theses.
📈Bitcoin and Ethereum have updated historical highs. The total market capitalization exceeded $3 trillion.
🇺🇸Bitcoin-based futures ETFs have been launched in the US.
💰Long-term investors have increased bitcoin reserves.
⛓️The bitcoin hashrate has fully recovered after the collapse due to the migration of miners from China.
💸The income of Ethereum miners exceeded the indicators of bitcoin miners by 40%.
📊The volume of liquidity in the DeFi sector increased 13-fold, reaching $245 billion.
🏦Venture investors have invested over $32 billion in the blockchain ecosystem.
🔗The average coefficient of historical volatility of bitcoin in 2021 was 4.12%. This is less than a year earlier, when the indicator was at the level of 5.17%. The decrease in volatility indicates the maturity of the market.
☝🏽In 2021, the Ethereum ecosystem was the leader in the number of active developers (more than four thousand). However, projects like Solana and Polkadot grew at a faster pace.
🚀Against the background of the rapid growth of DeFi and the popularity of NFT in May, the average fee for an Ethereum transaction exceeded the $70 milestone. In the second half of the year, the average commission for the transfer of ETH rarely fell below $20. The growth rate for the year was 23.7%.
🔐In 2021, the volume of blocked funds (TVL) in the DeFi sector increased by 1,210% — from $18.71 billion to $245.22 billion. The Ethereum ecosystem continues to dominate.
⚔️Binance Smart Chain (BSC) was able to win back a significant market share from Ethereum. The dominance index of the latter decreased from 99% to 62%.
🌁NFTs have become one of the main trends of 2021.
🙌🏻Wish you great Friday and good news only!