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0 CommentsAccording to the new DappRadar study, the latest turbulence in the crypto markets has not stopped investments and forward movement of the GameFi and metaverse sector. The report has also shown continued funds inflow into several major projects, such as Splinterlands, Illuvium, Galaverse, and STEPN. Published on June 21, the latest DappRadar x BGA Games…
Data from blockchain analytics firm Glassnode reveals that more than half of Bitcoin wallet addresses are still in profit, raising questions about the severity of the current market sell-off as Bitcoin fell below $20,000 over the last weekend. Despite Bitcoin bouncing back by Tuesday to over the $21,000 level, Morgan Stanley and Goldman Sachs warned…
A new survey from Capgemini revealed that 71% of high-net-worth individuals (HNWI) around the world have invested in cryptocurrencies and other digital assets. The survey also has advised wealth management firms to prioritize providing education and advice. On June 14, technology consulting company Capgemini released its 2022 World Wealth Report. It polled 2,973 global HNWIs,…
Due to the crypto market being down, Bored Apes, Moonbirds, and other top NFT collections are losing value, but NFT sales are rising as collectors appear to be taking advantage of lower prices. As the crypto market is down with a 14% drop in overall value over the last 24 hours, Bitcoin lost 16%, and…
As the crypto economy has dropped lower in value against the US dollar, sliding to $1.2 trillion, the value of decentralized finance (DeFi) protocols and smart contract tokens has suffered a significant decline. Statistics show that the total value locked (TVL) in DeFi has dropped 7.96% since May 18, to roughly $104 billion, and the…
According to a survey conducted by Deloitte, over 85% of merchants are giving high or very high priority to enabling cryptocurrency payments. Furthermore, nearly three-quarters of those surveyed reported plans to accept cryptocurrency or stablecoin payments within the next 24 months. Deloitte, one of the Big Four major financial services firms, published on June 8…
