BlockchainIST Insights

Issue #02

Welcome back BlockchainIST!

We decode the complexities of blockchain and crypto-economics with precision and poise. As a research center committed to revealing the entanglements of this dynamic domain, we are delighted to present you with a curated collection of insights, analysis, and cutting-edge research.

📰 TOP NEWS

  • Spot Bitcoin ETFs surge holds 4% of supply. Net inflows hit $9.37B.

    “Tremendous interest in Bitcoin by giant hedge funds, such as Blackrock and Fidelity, has been driving the price of Bitcoin.

  • Solana's DeFi hits $25B, capturing 40% of DEX volumes.

    “Enhanced user experience, low transaction costs and increasing TVL (Total Value Locked=are the motives behind the growth of Solana’s DeFi ecosystem.”

  • Coinbase Institutional warns of overstated AI token values.

    “The report indicates that while the rise in AI-related crypto projects is notable, caution should be exercised, as their long-term viability remains uncertain amidst the volatile nature of the market.”

  • Ethereum's Dencun upgrade reduces Layer 2 transaction costs.

    “Together with the reduced fees, the Dencun upgrade will enhance scalability and usability, potentially reinforcing Ethereum's leading position in the blockchain ecosystem.”

 📌 REMARKS OF THE WEEK

Source: Investing.com

🔐 CRYPTO UNLOCKS

Source: Token Unlocks

🎟️ EVENT OF THE WEEK

Crypto Friday

  • Crypto Friday (Kripto Cuma in Turkish) is a physical meetup, organized weekly since 2018. Blockchain enthusiasts gather and share conversations about the industry.

  • Dates March 15

  • Altcointurk Base, Kalfaoglu Street, Kadikoy/Istanbul

💬 EXPERT OPINION

If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry.

Satoshi Nakamoto

The creator of Bitcoin, Satoshi Nakamoto, replied to one of the BitcoinTalk forum users almost 14 years ago. The user was criticizing the Bitcoin blockchain and its network efficiency.

📊 METRIC OF THE WEEK

Following the Dencun upgrade & EIP-4844, Layer 2 transaction fees plummet on various platforms.

Optimism, Base, Arbitrum, & zkSync report significant drops in average & median transaction fees post-upgrade.

GLOSSARY CORNER

A meme coin is a type of cryptocurrency, inspired by internet memes or pop culture, often characterized by its humorous nature. Meme coins are known for their extreme volatility and are considered high-risk investments.

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