Chainalysis: Crypto Gains Skyrocket Worldwide — Investors’ Profit Grew 5x to ...
Blockchain data analytics firm Chainalysis has found that the total cryptocurrency gains worldwide amounted to $163 billion in 2021, which was 5x the previous year or a 400% increase. Chainalysis on Crypto Gains Worldwide Blockchain analysis firm Chainalysis published a blog post last week titled “2021 Cryptocurrency Gains by Country: Ethereum Leads as Gains Skyrocket Around the World.” The firm explained that its estimates are based on a combination of web traffic data and its transaction data, including “on-chain, macro-level flows of all crypto....
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Chainalysis tracked total U.S. dollar gains made by Bitcoin investors in 2020. The country comparison was drawn from an analysis of web traffic on various cryptocurrency exchanges. Emerging markets appear to be punching above their weight when it comes to Bitcoin (BTC) investment, offering further evidence of growing worldwide adoption, according to a new report from cryptocurrency analytics firm Chainalysis. A geographic analysis of realized Bitcoin gains revealed that investors in the United States generated $4.1 billion in returns last year, which is more than three times higher than....
Blockchain analytics firm Chainalysis has published its 2022 cryptocurrency adoption index. Vietnam, the Philippines, India, and China are among the countries with the highest crypto adoption. While the overall adoption slows worldwide in bear markets, it “remains above pre-bull market levels,” the firm said.
Chainalysis’ Latest Cryptocurrency Adoption Index
Chainalysis published an excerpt of its upcoming report titled “2022 Geography of Cryptocurrency” Wednesday. It highlights the company’s 2022 Global Crypto Adoption Index, which....
Chainalysis said North America’s DeFi transactions were led by retail investors in the last year, with many transactions under $10,000. Digital analytics firm Chainalysis reported that the growth in North America’s crypto market has been driven by the rise in popularity of decentralized finance.In its 2021 Geography of Cryptocurrency Report, Chainalysis said the monthly crypto transaction volume across North America grew by more than 1,000% from July 2020 to June 2021. The monthly volume reached a peak of $164 billion in May 2021 before dipping to just over $100 billion in June. According....
Crypto investors from the United States realized nearly $47 billion in gains during 2021, outpacing the UK by a factor of six. Crypto investors from the United States realized crypto gains nearly six times higher in total than the UK, the second highest country in terms of realized gains. According to a report by Chainalysis, crypto investors in the US accrued a record $46.9 billion in realized gains throughout 2021, leading the rest of the world by a wide margin. The US is followed at quite some distance by the UK at $8.1 billion and Germany on $5.8 billion. Total realized cryptocurrency....
Chainalysis suggests ETH could decouple from other cryptocurrencies post Merge as its staking rewards could make it similar to bonds or commodities. Crypto analytics firm Chainalysis has suggested that the price of Ether (ETH) could decouple from other crypto assets post-Merge, with staking yields potentially driving strong institutional adoption.In a Sept. 7 report, Chainalysis explained that the upcoming Ethereum upgrade would introduce institutional investors to staking yields similar to certain instruments such as bonds and commodities, while also becoming much more eco-friendly.The....