Binance's 120-page report on the first half of 2023 highlights the crypto industry's resilience after the crypto winter. Bitcoin, stablecoins, DeFi, and NFTs have all experienced growth, with DeFi seeing a 43% year-to-date increase and NFT volume rising compared to the second half of 2022. The top 10 funds raised $3.6 billion in fundraising, and USDT increased its market share by 26%.
The report suggests that the first half of the year bodes well for an even better second half, with BlackRock's filing of a spot Bitcoin ETF and Ripple's legal victory against the SEC further boosting sentiment.
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