Top Crypto Market Highlights January 1, 2023

Today is the first day of the new year 2023, so the market is still not much volatile. However, Bitcoin just recorded a positive sign.

Top Crypto Market Highlights News Of The Day

Polkadot Marks Growth In 2022 With The Ecosystem Annual Summary

Polkadot released the 2022 annual summary on social media, marking 1 year of efforts to overcome the difficult market landscape of the ecosystem. As of now, the Polkadot ecosystem has 74 parachains, more than 300 dApps, covering more than 550 projects, and 2,500 monthly active developers. For more specific information, you can read the article below:

Animoca Brands Farewell 2022 With Impressive Successes

Animoca Brands, a leader in digital entertainment, blockchain, gaming and AI, has recorded the projects that have been done in the past year to make even greater strides in 2023. For more specific information, you can read the article below:

El Salvador Was Surpassed By Australia On The Top Largest Crypto ATM Hub Rankings

Although one of the leading countries in legalizing Bitcoin, El Salvador is behind Australia in this regard. El Salvador’s reign as the fourth-largest center for crypto ATMs was brief because Australia improved during the ensuing months. For more specific information, you can read the article below:

Ethereum Gets Negative Figures In Early 2023

On January 1, Glassnode data shows that the average transaction volume of Ethereum (ETH) on the 7th moving average was 37,715.274 transactions, a record low in 2 years. This seems to be a negative signal for the coin with the second-largest market capitalization at the moment. ETH started 2023 with a price of $1,200, compared to a year ago at $3700, a decrease recorded after more than a year of up to 67.5%. For more specific information, you can read the article below:

Bitcoin Sets New Record In Early 2023

Bitcoin has experienced a turbulent 2022 with major market fluctuations. However, on the first day of 2023, the largest coin by market capitalization recorded positive numbers. On January 1, Glassnode data shows that the number of addresses holding more than 0.1 Bitcoin reached 11,426,629, a record high. This metric shows that retail investors are still continuously collecting BTC. For more specific information, you can read the article below:

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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