Ok, so the market was pretty boring this week 🥱. And since coin prices didn’t jump like they used to, it’s easy to think that the cryptoverse was just a dud. 

But, Bitcoin actually crossed an important milestone this week 👀. If you’ve got Bitcoin haters around you, then you probably want to show them this report 😎. 

Trillion With a “T”🚀

Even with the market downturn, it’s pretty cool to see that Bitcoin adoption has continued to grow. And this week, a researcher confirmed that Bitcoin has processed over $100 TRILLION in transactions since it was launched! 🤯

The metric showed all-time transactions – including Bitcoin transfers between wallets owned by the same person 🤝. If you filter it out to only consider actual transactions between two people, then Bitcoin’s total transaction count is closer to about $7.3 trillion. Still, though; for an asset that is less than 15 years old, this is huge! 👏

Now, all that’s left is for this bear market to blow over, and one can only tell where we’ll be headed in a couple of years. 

More News From The Cryptoverse

Bored Apes Just Got Sweeter! 🍫

The Bored Ape Yacht Club is probably the most popular NFT collection. In the past year, several big celebrities – including Neymar, Eminem, and Justin Bieber – have all copped a Bored Ape, and these NFTs sell for over $400,000 a pop! 🤑

Now, the latest big name to catch Bored Ape fever is M&Ms. This week, the makers of the popular M&M chocolates launched a new line of Bored Ape-inspired candy 😋. These Bored Apes will (literally) melt in your mouth! 

Coolest Award Show Ever 🏆

This year, MTV is taking a bold new direction for its Video Music Awards (VMAs). It’s adding a new category called the “Best Metaverse Performance.” 🤩

The category will be sponsored by the Roblox metaverse game, and it will honor the best metaverse-themed video throughout the year. Nominees for this year include Justin Bieber, Ariana Grande, and BTS. Who you got?  🤔

Noteworthy News You Might Have Missed

  • Nike has earned over $185 million from NFT sales 💰 – more than any other brand 
  • Cardano’s developers claimed that the blockchain’s Vasil hard fork is “closer than ever.” ⏰
  • A new report shows that over $100 million worth of NFTs has been stolen this year 🙈. Let’s remember to stay safe, people!