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Top-five most Googled cryptocurrencies worldwide in 2022
Cryptocurrencies have suffered immensely in 2022 from the onslaught of a hawkish Federal Reserve and the implosions of crypto platforms FTX, Terra, Celsius Network, and others.
What were the most-searched cryptocurrencies in 2022?
Notably, the market valuation of all the cryptocurrencies combined has dropped 70% year-to-date (YTD) to nearly $770 billion, signifying massive capitulations by traders and investors alike.
The waning demand has also pushed the internet requests fo6r the keyword "buy cryptocurrency" to their lowest since February 2020, according to Google Trends.
Interest in the the keyword "buy cryptocurrency" over the past five years. Source: Google TrendsNonetheless, the latest Accenture's 2022 Global Consumer Payments report shows that retail interest in cryptocurrencies remains high despite 2022's market crash. The reasons given by responders include long-term investments (28%), curiosity (22%), short-term speculation (21%), and others.
Meanwhile, separate research by personal finance portal DollarGeek dwells into 2022's most-searched cryptocurrencies worldwide, thus presenting a rough outlook on what retail players may invest in heading into 2023.
Top-five most Googled cryptocurrencies worldwide in 2022
Bitcoin remains the most-searched cryptocurrency in 2022 by far thanks to its top-brand status and being in a league of its own when it comes to decentralization.
OpenSea blocks Cuban artists from the platform due to US sanctions
OpenSea’s terms of service explicitly prohibit individuals and organizations from sanctioned regions from using its platform.
What is Wrapped XRP (wXRP), and how does it work?
Learn what Wrapped XRP is and how to use wXRP on blockchains other than Ripple’s XRP Ledger.
FTX asks bankruptcy judge to stop BlockFi from claiming Robinhood shares
The 56 million Robinhood Markets shares at stake are currently worth around $450 million.
How crypto could be good for CBDC and vice versa: Industry exec explains
While some governments continue bashing crypto, some industry executives argue that crypto could be beneficial for CBDCs.
How crypto could be good for CBDC and vice versa: Industry exec explains
While some governments continue bashing crypto, some industry executives argue that crypto could be beneficial for CBDCs.
Be ‘very wary’ of crypto proof-of-reserve audits: SEC official
SEC’s acting chief accountant Paul Munter said that investors shouldn't place too much confidence in a company holding up a proof-of-reserves audit.
Be ‘very wary’ of crypto proof-of-reserve audits: SEC official
SEC’s acting chief accountant Paul Munter said that investors shouldn't place too much confidence in a company holding up a proof-of-reserves audit.
HK legislator’s firm to lure 1,000 Web3 start-ups over 3 years
G-Rocket is aiming to attract 1,000 Web3 start-ups to Hong Kong and will help them with banking, government services and office spaces.
Crypto Twitter confused by SBF's $250M bail and a return to luxury
The crypto community raised many questions about how FTX's former CEO was able to secure bail and the conditions it will come with.
Crypto Twitter confused by SBF's $250M bail and a return to luxury
The crypto community raised many questions about how FTX's former CEO was able to secure bail and the conditions it will come with.
Crypto Twitter confused by SBF's $250M bail and a return to luxury
The crypto community raised many questions about how FTX's former CEO was able to secure bail and the conditions it will come with.
Binance addresses 7 instances of recent FUD via Chinese blog post
Binance is fighting back against the tsunami of FUD it has faced in recent weeks.
BTC miner Core Scientific gets interim nod for $37.4M bankruptcy loan
The loan would allow Core Scientific to keep its mining and hosting operations afloat while it restructures.
The most eco-friendly blockchain networks in 2022
This year saw the realignment of the crypto industry toward greener, more energy-efficient blockchains.
Rating agencies, not regulators, can rebuild trust in crypto after FTX
Private rating agencies could work better and more quickly than regulators when it comes to reviewing businesses in the cryptocurrency industry.
BNB Chain now has more unique addresses than Ethereum, developer says
Unique addresses on the Build and Build (BNB) Chain have now surpassed Ethereum, according to a Dec. 22 statement from the developer.
The developer claims that this makes BNB Chain “the largest layer 1 blockchain in the world.” However, blockchain data shows that the Bitcoin network is still larger than both BNB Chain and Ethereum.
According to Etherscan, Ethereum currently has over 217 million unique addresses. By contrast, BNB Chain has over 233 million unique addresses according to BscScan. This implies that BNB Chain is larger than Ethereum as judged by this metric.
On the other hand, the Bitcoin network has over 1 billion unique addresses, making it larger than both of these networks combined.
The statement was made as part of BNB Chain’s “Year in Review.” The post also highlighted other significant milestones that the BNB network has reached over the past year. The network capped out at 9.8 million transactions per day in May and reached 2.2 million daily active users (DAUs) in October, with DAUs being defined as the number of unique addresses per day that interact with a smart contract.
BNB Chain now has more unique addresses than Ethereum, developer says
Despite this growth, BNB Chain still has far less unique addresses than Bitcoin.