What’s Going On In CRYPTO?! This Report REVEALS It ALL!!
Published: 2023-08-06
Status:
Available
|
Analyzed
Published: 2023-08-06
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
ETH staking is predicted to be a fundamental primitive in DeFi for future development.
"eth staking has taken off and become a core defy primitive for people to build off for years to come."
Pending
Bitcoin's market dominance increased to 47.9%, a level not seen since Q2 2021.
"btc's dominance Rose 3.2 percent to 47.9 levels it had not reached since Q2 of 2021."
Pending
Ethereum's market dominance increased by 1% to 18.8%.
"eth dominance also saw an increase of one percent to 18.8 overall"
Pending
Ethereum experienced its second consecutive quarter of net token burn.
"eth saw its second net burn quarter"
Pending
Solana's NFT trading volume experienced a significant 78% drop.
"trading volume for Solana nfts fell a spectacular 78 partly due to the migration of the Gods and utes to ethereum and polygon respectively"
Pending
New marketplaces like Unisat, OKX, and Ordinals Wallet are gaining significant market share due to the popularity of Bitcoin Ordinals.
"the popularity of Bitcoin ordinals saw new marketplaces that support these nfts including unisat okx and ordinals wallet grab significant market share"
Pending
dydx has increased its market share from 66% to 72%.
"dydx regained some of its market share from 66 at the end of q1 to 72 percent in late June"
Pending
GMX's second-place position in the perpetuals market is being challenged by newer platforms like Quonter and Gamenetwork.
"second place GMX now sees its position threatened by newer entrants including quenter and games Network"
Pending
Binance's market share has returned to levels observed in the latter half of 2022.
"binance's market share is back to levels seen in the second half of 2022."
Pending
There is anticipation regarding whether Binance will maintain its market share above 50% in the future.
"it'll be interesting to see as we move forward whether its market share remains above 50 percent"
Pending
Bitcoin was the best performer against eight major assets in Q1 2023 and the third best in Q2 2023, after being the worst in 2022.
"then the best in q1 of 2023 and the third best in Q2 of 2023"
Pending
zkEVM Layer 2 solutions are highlighted as an exciting development in the crypto space.
"the introduction of the new zkevm layer 2s uni swap's V4 announcement and real-world assets making their way onto public blockchains are three such exciting developments that are sometimes overshadowed by the drama of news headlines"
Pending
Uniswap V4 announcement is noted as an exciting development.
"uni swap's V4 announcement"
Pending
The integration of real-world assets onto public blockchains is identified as a significant advancement.
"real-world assets making their way onto public blockchains are three such exciting developments that are sometimes overshadowed by the drama of news headlines"
Pending
There's a shift in focus within blockchain gaming from 'play-to-earn' to improving actual gameplay.
"this could be because there's been a shift in priority from play to earn in 2021 to improving gameplay in 2023"
Pending
Developments in zero-knowledge technology by zkSync, StarkNet, and Polygon are seen as having significant potential for Ethereum.
"the authors also mentioning the developments in the zero knowledge space zksync start net and polygon are all working on projects that have huge potential for ethereum"
Pending
Maximal Extractable Value (MEV) transaction volumes decreased by 87%.
"anyv or maximal extractable value transaction volumes fell by 87 in the quarter"
Pending
While overall sandwich attacks decreased, the profitability per attack increased.
"sandwich attacks dropped overall but sandwich bots are making more on average with each attack"
Pending
The DeFi sector experienced a decline of 5.2% in Q2.
"defi has been up and down in Q2 but mostly down dropping 5.2 percent in the quarter"
Pending
Fixed interest DeFi protocols saw a gain of nearly 20%, driven by the popularity of Pendle.
"fixed interest protocols were the only net gainers rising nearly 20 thanks in no small part to the popularity of Pendle"
Pending
Liquid Staking Derivatives (LSDs) allow users to stake assets and receive liquid tokens that can be used in other DeFi protocols.
"lsds for those unfamiliar allow users to stake their coins in return for an equivalent amount of liquid tokens which can then be used elsewhere"
Pending
Total cross-chain bridge liquidity is projected to increase by 4.4% by the start of Q3 due to new network launches and potential airdrops.
"the launch of new networks and rumors of potential airdrops caused a 4.4 percent increase in total cross-chain Bridge liquidity by the start of Q3"
Pending
Blur has become the dominant NFT marketplace, capturing 71.2% of trading volume.
"blur was the dominant marketplace with 71.2 percent of trading volume"
Pending
OpenSea's market share continued to decrease, falling from 33% to 23%.
"open C continued to decline from 33 to 23 in the quarter"
Pending
NFT lending volumes have surged by over 450%, driven by platforms like Blend with its fixed interest loans and incentive structure.
"lending volumes which are up by over 450 percent as the authors note Blends fixed interest loans and incentive model which allows lenders to earn blur points to receive future blur token drops are what account for most of its success"
Pending
Centralized perpetual exchanges are approximately 40 times larger than decentralized perpetual protocols in terms of open interest.
"centralized perpetual exchanges are around 40x larger than decentralized perpetual protocols in terms of open interest"
Pending
On-chain traders are holding their positions despite volatile price movements in Bitcoin and Ethereum.
"on-chain Traders are still maintaining their positions despite BTC and eth's tumultuous price action in the past quarter"
Pending
The overall crypto market has recovered from late 2022 lows, increasing from $0.8 trillion to $1.2 trillion by mid-2023.
"across the board the market has recovered from the lows in late 2022 in fact it has jumped from just over 0.8 trillion at the end of 2022 to around 1.2 trillion halfway through 2023."
Pending
The NFT market, which experienced a downturn in mid-2022, showed signs of thawing in early 2023.
"the nft winter that set in around June 2022 slightly thawed in early 2023 and even though its drop since is still above levels from the second half of 2022."
Pending
Blur's rapid ascent to the number one NFT marketplace position since its October launch is considered particularly impressive.
"blurs rise to number one has been particularly impressive having only launched back in October"
Pending