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The Block

@TheBlock__

Apr 29 • 1 tweets • 1 min read • Read on X

Tether invests $200 million in biotech firm Blackrock Neurotech theblock.co/post/291414/te…

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More from @TheBlock__

The Block

@TheBlock__

Dec 22, 2022

@TheBlockRes

[1/17] 2022 has been a crypto year for the history books, and @TheBlockRes analysts worldwide are proud to release the Digital Asset Outlook Report of 2023.

🔖 Download the report and see the thread below for some of the top highlights:

theblock.co/post/196671/20…

[2/17]
General Market Landscape:
📉 In 2022, the total crypto market cap dipped below $1trn.
📉 Whereas, its total monthly spot volume hit an annual low of $673bn in Nov.
📈 Binance consolidated its market share from 60% to 75% over the same period.

[3/17]
Mining:
📉 Many BTC mining firms faced financial distress as BTC's price dropped more than half YTD
➡️ Many miners kept a portion of their mined bitcoins in their respective treasuries
💰 15 publicly-traded BTC firms tracked by The Block mined 33.8K BTC worth over $550mm

Read 17 tweets