CoinShares found a significant increase in hedge funds and wealth managers survey respondents who have allocated to Solana compared to earlier this year.
Category: Report
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Digital Canadian dollar fails to impress despite high awareness
People who were aware of CBDCs were more reluctant to adopt the technology when compared to those who didn’t know about it.
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.
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.
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.
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Coinbase Q2 earnings beat estimates amid Blackrock custody deal, institutional focus
The company beat estimates while non-trading revenue beat trading revenue.
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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.
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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.
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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.
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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.
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