Investor Insights Report - Industry Follows as Bitcoin Starts Strong in 2023
February 2023 - Cointelegraph Research
Investor Insights, Venture Capital, DeFi, NFT, Bitcoin, Regulations, GameFi, Crypto Stocks, Blockchain, Mining,
The Cointelegraph Research Investor Insights Report is a premium report published monthly that highlights the most recent and significant blockchain industry insights. Find exclusive insights about Bitcoin, DeFi, NFT, GameFi, Venture Capital, Security Tokens, Mining, Crypto Stocks, Regulations, and Derivatives from our subject matter experts.
Report Highlights:
Bitcoin (BTC) closed out January at $23,139, a 39.8% increase from its December close of $16,548.
Bitcoin trades above its 50-, 100- and 200-day moving averages for the first time in over a year.
Institutions still seem to have an interest in the digital asset field despite conservatism during the bear market.
Bitcoin mining revenue hit $22.66 million in January.
Hong Kong has promised to ban algorithmic stablecoins sometime in 2023.
Investment inflows into the blockchain industry in January were only $463 million, a decrease of 23.3% from the
previous month, which has continued the general downward trend since April 2022.
Web3 MMORPG titles are in the limelight as Bless Global receives 2 million pre-registrations, while Oath of Peak
attracted 300,000.
OpenSea has regained its position as the leading NFT marketplace, generating $449.22 million in sales in January 2023,
a 37.5% month-over-month growth. This follows its brief dethronement by Blur in December 2022.
The first digital bond has been registered on a blockchain by ABN AMRO.