Report suggests 6 billionaire crypto traders earned their fortunes from Bitcoin
The firm behind the “Crypto Wealth Report” said it received a spike in the number of crypto-related inquiries by millionaires in the last six months. Go to Source
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40% of crypto trading platforms are decentralized: World Federation of Exchanges
The World Federation of Exchanges noted in a report that retail demand is higher for crypto products but there’s a lack awareness on investor protection. Go to Source
Canadian crypto ownership declined amid tight regulations, falling prices
The biggest motivation for Canadians interested in Bitcoin is an investment — as showcased by the choice of over one-third of the 4,996 respondents in the Bank of Canada’s 2022 survey. Go to Source Powered by WPeMatico
Coinbase Q2 earnings beat estimates amid Blackrock custody deal, institutional focus
The company beat estimates while non-trading revenue beat trading revenue. Go to Source Powered by WPeMatico
Meta Q2 earnings: Reality Labs losses top $7.7B year to date
Meanwhile, Meta’s metaverse-building business has racked up around $21 billion in losses since the start of 2022. Go to Source Powered by WPeMatico
Crypto VC funding tumbles as economic uncertainty scares off investors
June rejected the three-month trend of rising venture capital investment into crypto, though that’s not necessarily a bearish signal. Go to Source Powered by WPeMatico
Bitcoin miners hedging with recent sell-offs: Bitfinex report
All-time high hash rates and mining difficulty indicate that miners are bullish on Bitcoin, while recent sell-offs could be a means to hedge positions. Go to Source Powered by WPeMatico
How the spot Bitcoin ETF filings affected the crypto industry in June: Report
The competition among zk-Rollup-based scaling solutions is tightening while the security tokens market continues steadily. Go to Source Powered by WPeMatico
How to use DeFi the right way — This latest guide can help
This latest report is a guide to help the next generation of cryptocurrency users and veterans alike in the ways of decentralized finance. Go to Source Powered by WPeMatico
Robust crypto fundamentals pull through after May’s monthly red candle: Report
What are the current trends in VC investment in the crypto sector, and when will the bear market finally end? Go to Source Powered by WPeMatico
