News
Chainalysis said North America’s DeFi transactions were led by retail investors in the last year, with many transactions under $10,000.
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Report News
A report is a process of translating information via writing, giving a speech or any other audio or video representation into an approachable form. Reports are widely used in business, science, education and other fields of work. Blockchain industry reports are an essential part of the cryptocurrency industry. Those reports are made by both classic financial institutions, like banks and financial services, and by newly developed startups and tech companies. Blockchain reports mostly cover technical parts of blockchain inventions, new ways of implementation and promising ideas. Bitcoin reports also cover the financial performance of cryptocurrencies, issues and regulations of it. One of the most active corporate investors in blockchain, Goldman Sachs, also issued a blockchain report — a complex, professional and wholesome review of the technology.
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“[Crypto] is a trend that has barely started — money is the easiest application and the Bitcoin use case started there,” said Bank of America.
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While institutional Bitcoin products have experienced outflows for 13 of the past 17 weeks, the sector has now seen three straight weeks of inflows.
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Inflows to Solana-based investment products saw a whopping 388% increase last week, with institutional investors gaining exposure to $13.2 million worth of SOL products.
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According to eToro’s Q2 report, crypto drove the 125% surge in trading volumes in Q2, with crypto representing 73% of total trading commissions.
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Solana represented one-third of total inflows to institutional crypto investment products this past week.
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Galaxy Digital founder and CEO Mike Novogratz was unfazed by the firm’s $175.8-million loss as he emphasized the importance of digital asset adoption.
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Coinbase beat analyst estimates in Q2 after it generated $2.23 billion in revenue compared to estimates of $1.78 billion.
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AMC chairman and CEO Adam Aron revealed the American cinema giant is looking to accept Bitcoin payments for movie tickets in response to customer demand.
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As of June 30, 2021, MicoStrategy held an approximated 105,085 BTC with a carrying value of $2.051 billion, at a total impairment loss of $689.6 million since acquisition of the digital asset.
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Tesla’s latest earnings report showed that the firm conducted no digital asset purchases or sales in Q2 but reported an impairment loss of $23 million on its BTC holdings.
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Institutional Bitcoin products have recorded outflows for nine of the past ten weeks, suggesting many investors remain bearish.
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A new report from Elliptic has found that unregistered securities offerings account for more than half of all crypto-related fines handed out by U.S. regulators.
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Institutional investors withdrew a record $141 million from Bitcoin investment products this past week.
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Ripple’s XRP sales are up 97% in Q1, with the firm attributing the growth to its focus on RipplesNet’s on-demand liquidity service.
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