In 2021, crypto finally broke away from being just BTC and ETH into a multifaceted industry with dozens of promising chains, tokens, projects and applications. Some of these projects, especially in ...
Tag: report
The Rise of NFTs | Footprint Analytics Annual Report 2021
While the concept of NFTs has been around since 2014, they were mostly under the radar until last year, when they suddenly commanded headlines around the world. Just as DeFi brought capital into the c...
The RealReal’s 2022 Luxury Resale Report Sees Outsized Demand For Vintage Products
Luxury resale platform The RealReal released its 2022 report, which finds the appetite for vintage … [+] products on the rise across categories. Courtesy of The Real Real Vintage is more than vi...
Report: 82% SMBs are open to accepting cryptos as payments in 2022
Cryptocurrencies are getting harder to ignore with each passing day. It’s not just big institutions acquiring crypto but even small businesses have been following the same tune. The crypto industry is...
70% of US crypto holders started investing in 2021: Report
The vast majority of cryptocurrency owners in the United States made its first-ever crypto investments just within last year, according to a new survey. About 70% of crypto hodlers in the U.S. started...
What to expect from the blockchain world in 2022? | Footprint Analytics Annual Report 2021
2021 was an exciting year for the blockchain. The total market cap of blockchain projects surpassed $2 trillion, and Bitcoin’s price touched a record high of $67,674. Meanwhile, Ethereum skyrocketed 5...
The IRS will ask every taxpayer about crypto transactions this tax season — here’s how to report them
Cryptocurrencies, also known as virtual currencies, have gone mainstream. That’s for sure. For example, you can use bitcoin BTCUSD, -0.21% to buy a Tesla TSLA, -6.75% and to buy or pay for lots of oth...
UK Lords Economic Affairs Committee Publishes disparaging Report on “Britcoin”
The Lords Economic Affairs Committee has recently published their report on central bank digital currencies (CBDCs), providing their findings on digital currency and outlining what they perceive to be...
Swiss National Bank, Citigroup, and Goldman Tested a Joint CBDC Project: Report
The Swiss National Bank (SNB), together with five other banking giants, have reportedly tested whether they can process central bank digital currencies within the nation’s financial network. The insti...
Footprint Analytics: Over 600 Projects Got REKT in 2021, $2.2B Lost | Annual Report 2021
In the crypto world, there are 4 main ways you can get REKT (“experience significant financial loss due to shady malfeasance”—in crypto terms.) An exit scam is a project that simply vanishes with inv...
Bitcoin and Ethereum Futures ETFs Coming to India: Report
In brief If approved, these would be the first crypto ETFs in India. Bitcoin futures ETFs launched for the first time in the U.S. in 2021. This time last year, India legislators were floating a crypto...
Fed Chair Jerome Powell Says Full Report on Digital Currencies To Be Released in Coming Weeks
U.S. Federal Reserve chair Jerome Powell says that the government’s report on digital currencies, which was supposed to be released last year, will come out in the next few weeks. In July, Powell said...
North Korean Hackers Stole Nearly $400M in Bitcoin, Ethereum in 2021: Report
North Korean cybercriminals launched at least seven attacks against cryptocurrency platforms last year. These attacks, per blockchain analytics firm Chainalysis, netted almost $400 million worth of di...
Pakistan’s Central Bank Recommends a Total Crypto Ban (Report)
The State Bank of Pakistan (the nation’s central banking institution) and the Federal government are reportedly contemplating imposing a complete ban on all cryptocurrency endeavors. The authorities c...
Bitcoin cycle is far from over and miners are in it for the long haul: Fidelity report
Fidelity Digital Assets — the crypto wing of Fidelity Investments which has $4.2 trillion assets under management–shared their “two sats” on the future of the digital assets space. The key takeaways t...
Bitcoin Outperformed Crude Oil, S&P 500, NASDAQ, and Gold in 2021 (CoinGecko Report)
Despite the price slumps at the end of last year, bitcoin still managed to close 2021 with an increase of over 60%. As such, it outperformed all other major asset classes for the second year in a row,...
Report Highlights Tech Firm Ryval’s Avalanche-Powered Litigation Tokenization Concept – Bitcoin News
According to a recent interview, trial lawyer Kyle Roche from the legal firm Roche Freedman LLP has started a tech startup called Ryval that aims to be “the stock market of litigation financing.” The ...
Footprint Analytics: Where Did the Influx of Capital to Blockchain Go? | Annual Report 2021
Overview of 2021 Blockchain Funding Number and Amount of Funding Capital flowed into the blockchain sector at an unprecedented rate in 2021, especially after March. According to Footprint Analytics, t...
China-Backed BSN to release infrastructure this month to support NFTs: Report
China-backed Blockchain Services Network will introduce infrastructure this month to support NFTs that have no link to cryptocurrencies, which are banned in China, the South China Morning Post reporte...
Footprint Analytics: Will 2022 See the Emergence of GameFi 2.0? | Annual Report 2021
According to Newzoo’s 2021 Global Gaming Market Report, the number of global gamers grew by 5.3% from 2015 to 2021 compared to 2020, and now exceeds 3 billion. In the same year, total global gaming re...
Brazilian Crypto Giant 2TM Acquires Portuguese Exchange (Report)
2TM Group, the parent company of Brazil’s largest cryptocurrency exchange Mercado Bitcoin, reportedly acquired a controlling stake in Portuguese-based digital asset trading venue CriptoLoja. Last year...
Fed Chair Jerome Powell Set to Release Digital Currency Report
Jerome Powell has assured members of the United States Congress that the highly anticipated report on digital currencies will finally be released in the coming weeks. The Federal Reserve has yet to de...
Bitcoin Aims For $48K? BTC Reacts Upward To U.S. Inflation Report
Bitcoin has seen some relief in the past couple of days with a 4.5% profit in 24-hours. The first crypto by market cap trades at $42,947, after climbing back from the lows at around $39,000. BTC trend...
Nayib Bukele’s Bitcoin Buys Have Lost El Salvador Money So Far: Report
El Salvador President Nayib Bukele has cost the country money by betting on Bitcoin, according to calculations made by Bloomberg. Relying solely on Bukele’s frequent Twitter announcements that he bou...
DISH Network stock jumps after report of DirecTV merger talks
DISH Network (DISH) stock opened 3% higher on Wednesday amid a report that the satellite TV company is in talks with competitor DirecTV. The satellite television providers have been in talks on and o...
Footprint Analytics: Rapid Expansion of the Stablecoin Market | Annual Report 2021
The second thing most people do after entering the world of blockchain, after buying BTC or ETH, is getting some Tether or USDC. As a bridge between the real world and Web 3.0, stablecoins play an inc...
Hong Kong to Set a Plan for Cryptocurrency Regulations by July 2022: Report
The Hong Kong Monetary Authority (the central banking institution of the city-state) reportedly intends to establish a new regulatory regime for digital assets by July this year. The special administr...
Footprint Analytics: Public Chain Development in 2021— From Ideal to Reality | Annual Report 2021
In 2021, the blockchain world officially went multi-chain. According to Footprint Analytics, there are now 86 public chains in total, compared with 11 at the beginning of last year, a seven-fold incre...
Footprint Analytics: Will the London Upgrade Deflate ETH? | Annual Report 2021
Ethereum remained the top blockchain in 2021, but its market share continued to erode, dropping from nearly 100% at the beginning of the year to 65%. Its main problem is the PoW (Proof of Work Mechani...
Fed Chair Promises CBDC Report “Within Weeks”
Key Takeaways Jerome Powell stated in his renomination hearing today that the Federal Reserve’s CBDC report was forthcoming within weeks. Powell faced skepticism toward stablecoins and cryptocur...
Fed crypto report out in coming weeks says Powell
During today’s renomination testimony in front of the Senate Banking Committee, Jay Powell, the re-elected chair of the Federal Reserve, said that the crypto report is ready, and will be published in ...