Key insights

• ⬆️ Total crypto market cap doubled over the last year, with significant gains in Q1 and Q4
• 📈 Increased network activity and interest in Bitcoin ecosystem due to new innovations like ordinals, NFTs, and BRC 20s
• 📉 Bitcoin's correlation to the S&P 500 at a three-year low, reflecting lower correlation to traditional stocks
• 💼 Spot Bitcoin ETF approvals and their impact as a 'sell the news' event
• ⛏️ Upcoming halving in April, which will cut the amount of BTC mined per block in half and its potential impact on supply and demand
• 🔮 Prediction of Bitcoin layer 2s and Bitcoin-focused defi protocols
• 🔄 Updates on Solana's outage issues, new client, airdrops, and ecosystem growth
• 🌐 Layer 2 blockchains have become increasingly popular, with Ethereum's layer 2s now more popular than Ethereum itself based on transaction volumes

Q&A

• What opportunities are available through the Coin Bureau club, and what type of insights does it offer?

  The Coin Bureau club provides insights and opportunities for investing in the next generation infrastructure of crypto. It offers weekly reviews of promising altcoins, access to personal crypto portfolios, an exclusive research feed, and a Discord community for discussion and insight.

• What were the predictions for key themes in the crypto market in 2024, and how is the infrastructure crypto market evolving?

  The report predicted key themes for 2024, including Bitcoin's ecosystem, decentralized social media, AI, rwas, DeFi innovation, institutional adoption, and crypto security. It also highlighted that infrastructure-related cryptos and companies received heavy VC funding, indicating an expansion beyond financial use cases.

• What details did the report provide about Binance's zero fee FD USD trading and exclusive trading fee discounts?

  The report discussed Binance's zero fee FD USD trading, highlighted exclusive trading fee discounts for Coin Bureau viewers, and covered collateralized debt positions (CDPs) and the growing NFT and social fi spaces. It also assessed the state of VC investing in the crypto industry with large raises totaling over $1 billion.

• What were the five key sectors covered in the DeFi report, and what specific insights were provided?

  The DeFi report covered liquid staking, lending, decentralized exchanges, LSI protocols, and tokenized real world assets. It noted that liquid staking Protocols are now the largest DeFi protocols on most chains, decentralized exchanges saw combined trading volumes of nearly $1 trillion in 2023, and LSI protocols built on liquid Stak coins and tokens are gaining popularity.

• What were the key insights related to layer 2 blockchains and Ethereum's layer 2s in the report?

  The report mentioned that layer 2 blockchains have gained popularity, with Ethereum's layer 2s being more popular than Ethereum itself based on transaction volumes. It also highlighted the dominance of optimistic rollup technology in larger layer 2 solutions and provided guidance on what to watch in the L2 landscape in 2024.

• What specific developments in Ethereum, BNB, Solana, Avalanche, and Cosmos were highlighted in the report?

  The report covered developments in Ethereum, including liquid staking, the shift to layer 2s, BNB developments, Solana's outage issues, new client, airdrops, and ecosystem growth, impressive growth of Avalanche's subnets, with a focus on orderbook-based and gaming-based subnets, and provided a brief overview of Cosmos.

• What were the key findings in the Binance Research report on crypto market trends for 2023 and 2024?

  The report highlighted the doubling of the total crypto market cap, increased network activity in the Bitcoin ecosystem, correlations with traditional stocks, BRC 20s, spot Bitcoin ETF approvals, and the upcoming halving. It also predicted Bitcoin's price to double and emphasized the need for transaction fees, the rise of Bitcoin layer 2s, and Bitcoin-focused DeFi protocols.

• 00:01 The world's largest cryptocurrency exchange published a report on crypto market trends, including the doubling of total market cap, increased network activity in Bitcoin ecosystem, correlations with traditional stocks, BRC 20s, spot Bitcoin ETF approvals, and upcoming halving.
• 03:50 The authors predict Bitcoin's price to double, emphasize the need for transaction fees, foresee the rise of Bitcoin layer 2s and Bitcoin-focused defi protocols. Other layer ones are grouped together, and specific developments in Ethereum, BNB, Solana, Avalanche, and Cosmos are highlighted.
• 07:27 Binance is closely watching the Cosmos ecosystem, layer 2 blockchains have gained popularity, and Ethereum's layer 2s are now more popular than Ethereum itself. The report also highlights the dominance of optimistic rollup technology in larger layer 2 solutions and provides guidance for what to watch in the L2 landscape in 2024.
• 11:17 The DeFi report covers five key sectors: liquid staking, lending, decentralized exchanges, LSI protocols, and tokenized real world assets. It also discusses the stablecoin market cap decline and the emergence of TUSD and FD USD.
• 15:34 The report discusses Binance's zero fee FD USD trading and highlights exclusive trading fee discounts for Coin Bureau viewers. It covers collateralized debt positions (CDPs) and the growing NFT and social fi spaces, as well as the state of VC investing in the crypto industry.
• 19:40 The crypto Market is expanding beyond financial use cases with infrastructure-related cryptos and companies receiving heavy VC funding. Predictions for 2024 highlight key themes such as Bitcoin's ecosystem, decentralized social media, AI, rwas, defi innovation, institutional adoption, and crypto security. The growth of infrastructure cryptos suggests an increase in non-financial use cases, driving adoption. The Coin Bureau club offers insights and opportunities for investing in the next generation infrastructure of crypto.