Luck is where opportunity meets preparation! (weekly crypto updates)

The last post for this year, and I hope to find all of you healthy, better than in the last one, and full of hope for the next year. Today’s post will be a short one, as even crypto people are taking a break between Christmas and New Year’s Eve, in order to celebrate it. What happened this week? Read below:

• Bitcoin: BTC hashrate is recovering from the 40% drop last week, due to freezing temperatures in the US. The hashrate dropped to 170.6 EH/s on the 25th of December, from a previous peak of 276, and now returned back to 241. The United States accounts for approx 37.84% of the total hashrate. MicroStrategy plans to release Bitcoin Lightning Network-powered software and solutions in 2023.
• Ethereum: Average daily volumes dropped 74% this year, to $203M in 2022, compared with $781M in 2021. The primary goal of ETH validators is to ensure the secure, decentralized operation of the network. Yet, the majority of staked ETH is controlled by just a handful of staking-as-a-service providers, and this is concerning. Not too much of a decentralization, isn’t it?
• Altcoins: Cardano is playing on its strengths, PoS, and modularity, combining Ouroboros Classic as a PoS consensus mechanism with an unspent transaction output (UTXO) model for a planned smart contract network. 1inch upgrades to…