It is likely that just now, when the world is "closing down" again, this original essence of cryptocurrencies will be in demand. And not their speculative component, which dominated the last five years.
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🙆♂️ According to the Financial Times, stock and bond markets around the world lost more than $30 trillion in 2022, the largest amount since the global financial crisis in 2008. 📉 Against this backdrop, the $2 trillion lost by cryptocurrencies does not seem like such a large sum.
🚘 #BMW is integrating the #BNB Chain. ⛓️ The car manufacturer will use blockchain technology to optimize its financial and other processes, as well as implement a blockchain-based loyalty program.
📊 On the last day of the outgoing year, the cryptocurrency market is on the plus side, with most altcoins growing. #BTC is now trading above $16,500, #ETH is trading around $1,150. Bitcoin dominance: 42.15%; Fear and Greed Index: 25 (extreme fear); market capitalization: $755b.
🏟️ Cryptocurrency exchange #Binance announced the introduction of #TRON network support for the #BUSD platform's native stablecoin. 👨💻 BUSD is now supported in #Ethereum, BNB Chain, #Avalanche, #Polygon and TRON networks.
📈 QCP Capital believes that in 2023, the U.S. Federal Reserve will continue to put significant pressure on stock markets. 🗜️ Consequently, digital currencies will also come under severe pressure if the U.S. regulator decides to raise interest rates again.
📉 #BTC and #ETH declined slightly over the past 24 hours, but #Dogecoin became the leader among the top 10 cryptocurrencies. The rate of meme coin in the last 24 hours decreased by 3.63% to $0.06813. 🐶 During the week #DOGE fell by 12.79%.
🌅 #Sоlana was the leader of the fall among the TOP-20 coins. 📉 Over the past week, the coin's value declined by 23%. 👨💻 Since November 2021, the value of #SOL has fallen by almost 98%.
🇹🇷 The Central Bank of the Republic of Turkey (#CBRT) has reported on the successful completion of the first phase of testing of the national digital currency. 🏛️ The regulator was satisfied with the results, and the next year the work on the integration of #CBDC will continue.