💰 Crypto Fundraising Recap: Kеy Developments of 2023
Explore the data-driven analysis of the crypto fundraising market, description of a current landscape, emerging trends and prominent projects of the past year.
Key Takeaways:
🔹 Despite the positive sentiment in the crypto market, crypto fundraising hit a three-year low this year, with a total of $9.7 billion raised in 1,189 funding rounds in 2023.
🔹 BRC-20 fundraising has grown steadily by the end of 2023, indicating potentially one of the main trends of 2024.
🔹 Venture Capital preference shifts toward early stage projects with decreasing investments in huge funding rounds.
🔹 Increased competition among the projects has led to better quality startups appearing, which indicate the shift of the niche from blue to red ocean.
For more insights and a detailed analysis of 2023 investment trends, read our latest Crypto Fundraising Recap.
👉 https://cryptorank.io/insights/reports/2023-crypto-fundraising-recap
USDT Dominance Surpasses 70%
Over the past year, Tether regurally issued USDT, resulting in supply growth by nearly $29 billion (+44%). Amid the problems of USDC and BUSD, it's dominance surged from 48.1% to 70.9%.
👉 https://cryptorank.io/price/tether
📈Market Overview
Bitcoin price trades below $43K. The top-10 cryptos are traded in red zone:
Cardano -1.99%
Ethereum -1.51%
Avalanche -1.25%
Market capitalization: $1.75T (-0.78%)
The BTC dominance: 47.55% (-0.02%)
Fear & Greed Index: 52 (Greed)
👉 Top Gainers
XAI (XAI) +41.6%
Openfabric AI (OFN) +40.3%
Syntropy (NOIA) +31.2%
👉 Today's Token Unlocks
Sei (SEI): $91.16M
CyberConnect (CYBER): $9.84M
Sidus (SIDUS): $3.98M
👉 Recent Funding Round
SkyArk Chronicles $15M Funding round led by Binance Labs with participation from Bitscale Capital
Pontem $6M Funding round led by Lightspeed Venture Partners and Faction
Valkyrie M&A with participation from CoinShares
BTC Futures
Aggregated Volume — $39.7B
Aggregated Open Interest — $11.4B
👉 Derivatives Market Analytics
📈Market Overview
Bitcoin price trades around $43K. The top-10 cryptos are traded in different directions:
Solana +4.92%
BNB +1.42%
Cardano -1.1%
Market capitalization: $1.77T (-0.07%)
The BTC dominance: 47.57% (-0.5%)
Fear & Greed Index: 60 (Greed)
👉 Top Gainers
Rocky (ROCKY) +86.8%
dogwifhat (WIF) +47.1%
Solidus (AITECH) +36.9%
👉 Today's Token Unlocks
Alethea Artificial Liquid Intelligence (ALI): $5.16M
Optimism (OP): $4.03M
Nym (NYM): $2.71M
👉 Recent Funding Round
SkyArk Chronicles $15M Funding round led by Binance Labs with participation from Bitscale Capital
Finoa $15M strategic round led by Maven 11 Capital and Balderton Capital
Pontem $6M Funding round led by Lightspeed Venture Partners and Faction
BTC Futures
Aggregated Volume — $34.4B
Aggregated Open Interest — $11.6B
👉 Derivatives Market Analytics
📈Market Overview
Bitcoin price trades above $43K. The top-10 cryptos are traded in red zone:
Avalanche -7.96%
Solana -7.07%
Bitcoin -6.92%
Market capitalization: $1.76T (-7.11%)
The BTC dominance: 47.82% (+0.54%)
Fear & Greed Index: 64 (Greed)
👉 Top Gainers
Rocky (ROCKY) +54.7%
TRVL (TRVL) +50%
Myro ($MYRO) +38.9%
👉 Today's Token Unlocks
Games For A Living (GFAL): $8.24M
Sweat Economy (SWEAT): $6.23M
Optimism (OP): $4.11M
👉 Recent Funding Round
SkyArk Chronicles $15M Funding round led by Binance Labs with participation from Bitscale Capital
Pontem $6M Funding round led by Lightspeed Venture Partners and Faction
Particle Seed round led by Polychain Capital with participation from Nascent
BTC Futures
Aggregated Volume — $92.7B
Aggregated Open Interest — $11.6B
👉 Derivatives Market Analytics
Bitcoin and Spot BTC ETFs by 24H Trading Volume
Over the past 24 hours the cumulative trading volume of top 10 spot Bitcoin ETFs surpassed $4.4 billion, while Bitcoin's trading volume totaled $18.5 billion.
👉 https://cryptorank.io/price/bitcoin
Top 10 Cosmos Ecosystem Blockchains by 30D TVL Growth
Sei +368%
Injective +170%
Oraichain +92.7%
Osmosis +80.6%
Evmos +64.9%
Persistence +42.6%
Neutron +19.7%
Secret +16.7%
Kujira +14.5%
Kava +9.2%
👉 https://cryptorank.io/tags/cosmos-ecosystem
📈Market Overview
Bitcoin price trades below $46K. The top-10 cryptos are traded in green zone:
Cardano +1.15%
Ethereum +0.99%
BNB +0.95%
Market capitalization: $1.89T (+2.73%)
The BTC dominance: 47.64% (-2.76%)
Fear & Greed Index: 71 (Greed)
👉 Top Gainers
Fusion (FSN) +97.1%
PAID Network (PAID) +52.7%
ConstitutionDAO (PEOPLE) +40.1%
👉 Today's Token Unlocks
Aptos (APT): $237.08M
Oasys (OAS): $18.26M
Optimism (OP): $4.02M
👉 Recent Funding Round
Tune.FM $20M Funding round with participation from LDA Capital
Bitfinity Network $5.5M Funding round with participation from Polychain Capital and ParaFi Capital
Eesee $2.85M Funding round with participation from Maven Capital and SevenX Ventures
BTC Futures
Aggregated Volume — $99.0B
Aggregated Open Interest — $11.9B
👉 Derivatives Market Analytics
Stablecoin firm Circle confidentially files for US IPO
Circle Internet Financial, the company behind stablecoin USDC, said that it had confidentially filed for a U.S. initial public offering as part of plans to become a publicly-traded company.
👉 https://www.coindesk.com/business/2024/01/11/stablecoin-issuer-circle-internet-files-for-ipo/
zkLink Releases Whitepaper and Roadmap
zkLink has released the technical roadmap and the whitepaper, the latest documentation about zkLink ecosystem and infrastructure. Whitepaper covers protocol architecture, supported networks, security, tokenomics and more.
👉 https://blog.zk.link/introducing-zklinks-latest-whitepaper-the-future-is-zklinked-0115f4480f32
📈Market Overview
Bitcoin price trades around $46K. The top-10 cryptos are traded in green zone:
Cardano +12.1%
Avalanche +10.5%
Ethereum +8.37%
Market capitalization: $1.84T (+2.97%)
The BTC dominance: 49.02% (-2.73%)
Fear & Greed Index: 76 (Extreme Greed)
👉 Top Gainers
Blockchain Brawlers (BRWL) +177%
Everscale (EVER) +85.8%
dogwifhat (WIF) +41.3%
👉 Today's Token Unlocks
Internet Computer (ICP): $42.10M
Optimism (OP): $4.03M
Moonbeam (GLMR): $2.63M
👉 Recent Funding Round
Finoa $15M strategic round led by Maven 11 Capital and Balderton Capital
Entangle $4M funding round with participation from Big Brain Holdings and Faculty Group
Ringfence $1.5M Seed round led by Morningstar Ventures and Rarestone Capital
BTC Futures
Aggregated Volume — $121.4B
Aggregated Open Interest — $11.3B
👉 Derivatives Market Analytics
📊 13 Years of Bitcoin Monthly Returns
Bitcoin ranks among the highest-returning assets in history, yet it has also experienced significant declines. Since 2011, a total of 68 months have closed in the red zone, with the majority of these resulting in a price fall of less than 10%. In contrast, months closing in the green have been more frequent, totaling 88. Notably, 4 of these months exhibited gains exceeding +100%
👉 https://cryptorank.io/price/bitcoin
Top 10 Projects by TVL on Manta
Discover projects with the highest total value locked on Manta, the plug-and-play privacy-preservation protocol built to service the entire DeFi stack.
👉 https://cryptorank.io/price/manta-network
📈Market Overview
Bitcoin price trades around $46K. The top-10 cryptos are traded in different directions:
Ethereum +3.32%
Avalanche -6.77%
Cardano -4.47%
Market capitalization: $1.79T (-0.69%)
The BTC dominance: 50.39% (-1.02%)
Fear & Greed Index: 73 (Greed)
👉 Top Gainers
Perpetual Protocol (PERP) +21.9%
Helium (HNT) +20.8%
Lido DAO Token (LDO) +19.5%
👉 Today's Token Unlocks
Cheelee (CHEEL): $35.96M
Sipher (SIPHER): $3.58M
ChainGPT (CGPT): $1.08M
👉 Recent Funding Round
Finoa $15M strategic round led by Maven 11 Capital and Balderton Capital
AI Arena $6M funding round led by Framework Ventures
Altitude $4M Seed round with participation from GSR and New Form Capital
BTC Futures
Aggregated Volume — $88.3B
Aggregated Open Interest — $12.2B
👉 Derivatives Market Analytics
zkSync Era Remains Most Popular Layer 2 Blockchain
zkSync Era is the leader among the top Layer 2 blockchains in terms of 7-day average daily active addresses:
zkSync Era - 388K
Arbitrum - 157K
Optimism - 69K
Linea - 68K
StarkNet - 64K
Base - 63K
Scroll - 46K
👉️️ https://cryptorank.io/tags/layer-2
Less Than 100 Days Left Until Bitcoin Halving 🗓
In just 14,117 blocks, Bitcoin will reach the next milestone: the block reward will be cut by 50%. This event could be another catalyst for BTC price growth.
Almost 79% of CryptoRank users are bullish on Bitcoin halving! What do you think about it? Go to the website and vote.
👉https://cryptorank.io/price/bitcoin/halving
Crypto News Weekly Recap #185 📣
— BlackRock’s new Spot Bitcoin ETF tops $1B in big first day of trading
— Vanguard blocks clients from buying Bitcoin ETFs
— SEC says other systems secure after X account hack
— Genesis Global Trading agrees to leave New York and pay $8M settlement
— Robinhood lists all 11 Spot Bitcoin ETFs on trading app
— Terra founder Do Kwon asks court to delay SEC trial for personal appearance
— Hedera Network approves $408m worth HBAR allocation for ecosystem growth
— Starknet approves vote to add ability to use STRK token for paying transaction fees
👉 https://cryptorank.io/news
Top 10 Gainers of the Week 📈
Rocky +560%
dogwifhat +222%
Myro +129%
Ethereum Name Service +97.6%
ZKFair +93.8%
Synapse +75.3%
Jito Labs +69.1%
Parsiq +67.1%
Prosper +64.2%
Gala Music +64.2%
👉 https://cryptorank.io/performance
Top 7 Token Unlocks of the Upcoming Week
The following tokens with the largest unlock amount will be unlocked next week:
BitDAO - $147.74M
Sei - $88.09M
Uniswap - $55.54M
Fusionist - $38.53M
Lido DAO Token - $28.48M
Axie Infinity - $27.15M
ApeCoin - $22.48M
👉 https://cryptorank.io/token-unlock
🔥 Don’t Miss These Airdrops in Cosmos Ecosytem
After the high-profile Celestia airdrop, the Cosmos ecosystem has been getting more and more attention from the cryptocommunity. The year 2024 is likely to bring us even more airdrops in the ecosystem.
How to get them, which projects can give away airdrops, we delve into all of this in detail in our new article!
👉 https://cryptorank.io/insights/analytics/potential-cosmos-airdrops-2024
Bitget Will List Everdome and Moon App
Bitget has announced that it will list Everdome (DOME) and Moon App (APP) on January 12th. The trading will be available in pairs with USDT.
👉 https://www.bitget.com/support/articles/12560603803458
👉 https://www.bitget.com/support/articles/12560603803449
The Latest Breaking News 📣
— BlackRock’s new Spot Bitcoin ETF tops $1B in big first day of trading
— Vanguard blocks clients from buying Bitcoin ETFs
— Robinhood lists all 11 Spot Bitcoin ETFs on trading app
— Terra founder Do Kwon asks court to delay SEC trial for personal appearance
— South Korean financial regulator says U.S. Bitcoin ETFs may violate local law
👉 https://cryptorank.io/news
Top 15 Projects by 30D Revenue
Maker - $14.6M
Aave - $8.2M
Metamask - $7.0M
Lido - $6.9M
dYdX - $6.4M
Curve - $3.8M
GMX - $3.5M
Synthetix - $3.5M
PancakeSwap - $3.5M
OpenSea - $3.2M
Venus - $3.1M
Raydium - $3.0M
Trader Joe - $2.2M
Vertex - $2.0M
Maestro - $1.9M
👉 https://cryptorank.io/performance
Best Performing Large Cap Currencies in the Past 24H 🔥
Ethereum Classic (ETC) +32.7%
MetisDAO (METIS) +32.3%
Sui (SUI) +25.6%
Mantle (MNT) +23.8%
Astar (ASTR) +23.3%
Rocket Pool (RPL) +20.9%
Sei (SEI) +18.3%
Polkadot (DOT) +16.3%
Mina Protocol (MINA) +15.4%
Axie Infinity (AXS) +14.9%
👉 https://cryptorank.io/performance
The Latest Breaking News 📣
— SEC approves Spot Bitcoin ETF
— Ripple initiating $285M shares buyback that values company at $11B
— Robinhood plans to list spot bitcoin ETFs as quickly as it can
— Hong Kong lawmaker calls for swift action following US spot Bitcoin ETF approval
— South Korea reiterates ban on crypto ETFs despite US approval
👉 https://cryptorank.io/news
SEC Approves Spot Bitcoin ETF
The Securities and Exchange Commission has published a document stating the approval of the first Spot Bitcoin ETF.
👉https://twitter.com/tier10k/status/1745184607421477312
📈 Top 10 Non–EVM Blockchains by 30D TVL Growth
Cosmos +892%
ICP +727%
Sei +334%
Stacks +149%
Persistence +145%
Alephium +129%
Juno +124%
Waves +119%
Tezos +117%
Injective +109%
👉 https://cryptorank.io/categories/chain
The Latest Breaking News 📣
— SEC X's account compromised, spreads false news on Bitcoin ETF approval
— SEC will work with law enforcement following ‘unauthorized access’ to X account
— Fidelity lowers proposed spot Bitcoin ETF fee to 0.25% amid fee race
— BitGo obtains in-principle approval in Singapore for digital asset license
— Crypto OTC volumes on Wintermute soared 400% in 2023
👉 https://cryptorank.io/news
⚡️ SEC X's Account Compromised, Spreads False News on Bitcoin ETF Approval
The Securities and Exchange Commission (SEC) released a statement regarding the approval of #Bitcoin Exchange-Traded Funds (ETFs).
However, it was discovered that the @SECGov X account was compromised, leading to an unauthorized tweet.
The SEC has clarified that they have not approved the listing and trading of spot Bitcoin exchange-traded products.
👉 https://x.com/garygensler/status/1744833049064288387?s=46&t=0kEtp7M29ov5IRUYfIeIlQ
Top 15 Blockchains by Total Transactions Number in 2023
Solana - 7.3B
TRON - 2.3B
BNB Chain - 1.4B
Polygon - 1.1B
Sui - 1.0B
Ethereum - 383M
NEAR Protocol - 370M
Arbitrum - 275M
zkSync Era - 218M
Avalanche - 217M
Flow - 191M
Bitcoin - 153M
Optimism - 135M
Fantom - 131M
Aptos - 111M
👉 https://cryptorank.io/categories/chain