Crypto activity in East Asia fell from its perch after China began its crusade against crypto in 2019. Recent moves by Hong Kong could help reverse that trend, said the blockchain analytics firm.
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Crypto activity continues to flourish worldwide, according to a new cryptocurrency adoption index published by the blockchain intelligence firm Chainalysis. The researchers compile onchain digital currency retail value transferred, onchain crypto deposits, peer-to-peer exchange volume, and other types of methodology. Chainalysis recently published a new report called the “2020 Geography of Crypto,” a study that […]
The post East Asia Dominates World’s Onchain Crypto Activity, Europe and North America Trail Behind appeared first on Bitcoin News.
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Stablecoins have been gathering a lot of steam and settling massive value in recent months. Moreover, on Thursday, Coin Metrics’ executive Nic Carter mentioned on Twitter that “stablecoins have been adding $100 [million per day] since mid-July. While a number of dollar-pegged stablecoins have seen demand, the longstanding tether is still capturing most of the […]
The post $16B Worth of Dollar-Pegged Cryptos: Stablecoins Add $100M a Day Since Mid-July appeared first on Bitcoin News.
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On August 6, the blockchain intelligence firm Chainalysis published a report that analyzes cryptocurrency trends across various regions worldwide. According to the statistics, North America purchases and holds more bitcoin than any other region. Bitcoin also accounts for the largest share of U.S. crypto asset activity with 72% of all the transaction volume. The blockchain […]
The post Blockchain Analytics Show Altcoins 2x More Prominent in East Asia Compared to North America appeared first on Bitcoin News.
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China comes up with yet another crypto-related plan to take on the hegemony of the U.S. dollar in international payments.
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