DMarket completed its M&A Fundraising on 2023-01-24.

🔎 Market overview 1.03. Bitcoin is trading around $62,000. Top 10 cryptocurrencies are trading in the red zone: Dogecoin (DOGE) -7.73%; Ethereum (ETH) -2.75%; BNB -2.54%. Market capitalization: $2.39 trillion (-1.48%). BTC dominance: 54.41% (-0.46%). Fear and Greed Index: 80 (extreme greed). Growth leaders👇 Aerodrome (AERO) +50.1%; Sanko GameCorp (DMT) +49.2%; Taki (TAKI) +45.8%. Today's breakdowns👇 dYdX (ETHDYDX): $111 million; Biconomy (BICO): $11.9 million; Hooked Protocol (HOOK): $8.85 million. Bitcoin futures🤑 The total volume is $115 billion. Total open interest: $16 billion.

In any process of exploring new things and innovations, it is inevitable to make some mistakes because no one is perfect Only by experimenting and making mistakes can we unleash the true potential of innovation #NAT # DMT

The Bitcoin ecosystem is experiencing asset rise under the expectation of a bull run, particularly with the active performance of BRC-20 Tokens and the rune market. Technological changes such as the revival of OP_CAT will profoundly impact the direction of ecosystem development. Although facing challenges and consensus issues, Bitcoin still possesses unique value and potential, making it one of the important narratives in the market.

The Bitcoin market is expected to break through $70,000, which could trigger a bull run. The rune market is performing actively, with major assets rising, especially the GIZMO rune attracting follow. Whether OP_CAT can be revived will determine the future development direction of the Bitcoin ecosystem, facing a choice between conservatism and openness. The Bitcoin ecosystem still needs to address the challenges of technology and user experience, becoming one of the important narratives in the crypto market.

Bitcoin Ecosystem Outlook: Who Will Dominate the New Bull Run Wave? The market is eagerly anticipating Bitcoin to break the 70,000 USD mark. Many investors believe that if Bitcoin can break through and stabilize at this price point, the long-awaited bull run will officially begin. Under this optimistic sentiment, important assets in the Bitcoin ecosystem have risen sharply. BRC-20 tokens $ORDI and $SATS have increased by 25% and 15% respectively over the past week. The rune market is bustling. Inspired by a new cat image "Gizmo" released by an artist, the rune GIZMO•IMAGINARY•KITTEN has seen its market value soar to nearly $20 million after its minting. Although the artist himself denies any connection to the rune, the market enthusiasm remains high. The popularity of GIZMO•IMAGINARY•KITTEN has also triggered two other "Golden Dog" runes.