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” Remittances drive ‘uneven, but swift’ crypto adoption in Latin America “ Remittance payments, fiat fears, and profit-chasing have been the three most significant drivers of crypto adoption in Latin America, according to a new report. The seventh-largest crypto market in the world saw the value of cryptocurrencies received by individuals rocket 40% between July…
” Tokenization of illiquid assets to reach $16T by 2030 — Report “ The total size of tokenized illiquid assets, including real estate and natural resources could reach $16.1 trillion by 2030, according to the Boston Consulting Group (BCG). In a newly released report from BCG and digital exchange for private markets ADDX, authors including…
” Independent Tether attestation reveals 58% decrease in commercial paper holdings “ An announcement from USDT issuer Tether Holdings Limited revealed information from an independent attestation about the company’s previous quarter’s performance. The reviewer, top accounting firm BDO Italia, assessed Tether’s assets as of June 30, 2022. Tether had previously announced a commitment to decreasing its…
” Three-quarters of institutions to use crypto in the three years: Ripple “ A whopping 76% of surveyed financial institutions plan on using crypto within the next three years, according to the report. Ripple’s new report highlights trends in the adoption and utilization of emerging technologies like crypto and blockchain in enterprise and financial institutions. Both…
” Metaverse market share to surpass $50 billion by 2026, says new report “ A new report by technology research and advisory firm Technavio reveals an upward trend for the Metaverse within the next four years. The report titled “Metaverse Market in Finance by Component and Geography – Forecast and Analysis 2022-2026” analyzed the metaverse…
” Germany and the US share the top spot in the global crypto rankings: report “ Germany and the United States shared the spoils in the latest quarterly global cryptocurrency rankings released by analytics firm Coincub. The two countries now share the top rankings, with Germany making space for the rising U.S., having topped the first…
” What bear market? Consumer confidence higher among crypto owners than normies “ Consumer confidence is considerably higher among crypto owners than the average American adult, with crypto owners sitting 16.4 points higher on the consumer sentiment index. A July 7 report from research firm Morning Consult shows that although average United States (U.S.) adult…
” Crypto resonates better with BIS’ vision of ideal monetary system “ In its continued efforts to identify the ideal future monetary system, The Bank of International Settlements (BIS) revealed the edge of the crypto ecosystem over the present-day fiat economy when it comes to fulfilling the policy goals. While sharing its vision for the…
” GameFi continues to grow despite crypto winter: DappRadar report “ Blockchain games were the subject of the latest DappRadar x BGA Games Report #5, published on Tuesday. The report looked at healthy ecosystems and investments coming into the GameFi and metaverse markets. Several projects were covered in detail in the report, which outlined their…
” Accepting Bitcoin for your business just like Tesla: Report “ Tesla temporarily embracing Bitcoin (BTC) as a method of payment for its products was conceivably one of the catalysts that pushed asset prices to record highs last year and put the spotlight on crypto legitimacy — particularly in the realm of payments. Moreover, crypto…