Binance Blockchain Week: event kicks off in Paris with CZ
Russia: all the news on crypto payments regulation
Buenos Aires wants to use blockchain for social plans
3 Top Trending and Potentially Profitable Cryptocurrencies: Big Eyes Coin, Chainlink, and Binance Coin
Russia: all the news on crypto payments regulation
Dubai issues regulations governing virtual asset marketing
Measures needed to operate crypto in Africa get complicated
Binance participates in Philippine Senate hearing on cryptocurrency guidelines
KYC accounts: never so trustworthy but involved in scams
UN: “monitoring the use of cryptography can make the Internet safer”
Forged document from the SEC against Tether
North Korea is the new realm of crypto hackers
Binance Blockchain Week: event kicks off in Paris with CZ
The CryptoVerse Expo # 2 Poland will be held on September 9 at the Kinoteka in Warsaw
Asia’s largest Metaverse NFT event, Seoul Meta Week 2022 will be held in October
Discover golden opportunities for your business with Blockchain Dubai Summit 2022
Cardano SPO Column: M1 Crypto EAGLE Pool [EAGLE]
Cardano NFT Column: Crypto Kidz Club
Cardano SPO Column: Lone Star Staking Pool [LSSP]
Cardano NFT Column: Yummi Universe
The real impact of Ethereum’s Merge will be long term
Michael Saylor: “Bitcoin mining is the most efficient, cleanest industrial use of electricity”
New partnership between BNB Chain and Google Cloud for Web3
Chainalysis highlights where the most crypto-exposed portfolios are trending
Jordan Belfort thinks Bitcoin’s value will grow
Canada: new Bitcoin supporter in government, Pierre Poilievre
Lugano: a new billionaire backing Bitcoin
Germany: zero capital gains tax on Bitcoin
The real impact of Ethereum’s Merge will be long term
Merge accomplished: Ethereum moves to PoS
The Merge of Ethereum was successful!
Why the Merge affects everyone and not just Ethereum holders
Michael Saylor: “Bitcoin mining is the most efficient, cleanest industrial use of electricity”
Paraguay: new cryptocurrency mining law vetoed
Bitcoin mining: difficulty increased by 9.26%
Arrested a Russian man who mined crypto at a Covid-19 hospital
CEO of Circle comments on Binance’s new move
Tether: a response to Binance’s decision to block USDC
Russia considering cross-border stablecoin payments
BUSD overtakes ADA and returns as seventh most capitalized cryptocurrency
Bitcoin (20k), Ethereum (1.6k), Axie Infinity Price Analyses
Bitcoin, Ethereum, Solana’s price analyses
Bitcoin (22k), Ethereum (1.7k), Theta price analyses
Comments on the technical analysis of the price of Bitcoin and Ethereum
Bitcoin’s Price Posts 5th Straight Green Daily Candle
FBI warns cryptocurrency investors about DeFi vulnerabilities
​​MakerDAO signs $100 million DAI loan with Huntingdon Valley Bank
DeFi: industry figures drop again
3 best Celsius alternatives in 2022
Crisis for Vauld? Withdrawals halted and corporate restructuring underway
Nifty Gateway: NFT book CRYPTO ART begins sale on 19 September
Japan: NFTs as prizes for mayors
A tribute to Queen Elizabeth II using NFTs
The latest NFT news at SuperRare
Polygon welcomes GameSwift (formerly StarTerra) to launch Web3 games
Blockchain is at the service of gaming
Microsoft invests in blockchain gaming with StarHeroes
The best play-to-earn apps that pay for playing games
Meta launches Creators of Tomorrow
Renault: Agreement with The Sandbox metaverse
Meta: $150 million to teach in the metaverse
Incognito mode arrives in the metaverse
The Sandman: meet the Italian NFT artist who drew Goldie and more
Bruno Cerasi: the NFT project Faded22/ on display in Times Square
The true identity of crypto artist Pak might be revealed
“Crypto Art Begins”: the first NFT book by Rizzoli with 50 top artists
OpenWallet Foundation, the Linux Foundation’s new project
UK inflation falls for the first time in a year
Twitter shareholders accept Elon Musk’s $44 billion offer
The SEC wants to protect witnesses in the case against Ripple
Revolut launches Revolut Pay, online checkout feature with one-click payment
India is about to launch the Digital Rupee
Digital Dollar Project launches a project with Ripple
Revolut updates its app for younger users and launches Revolut <18
Binance will auto-convert the main stablecoins into BUSD
UK: new rules for cryptocurrency exchanges
Binance: CEO Zhao denounces hostile attitude toward the exchange
Kraken makes its books public to show the underlying
How to use Solidity from Ethereum
Ethereum: how do smart contracts work?
What exactly is a smart contract?
How to use Polygon in DeFi and earn MATIC on AAVE
Binance will auto-convert the main stablecoins into BUSD
UK: new rules for cryptocurrency exchanges
Binance: CEO Zhao denounces hostile attitude toward the exchange
Kraken makes its books public to show the underlying
Continuously losing money in the Crypto Market? A 20-year trader share his ways to profit
How to buy, sell and create NFTs on OpenSea. The ultimate guide
How Compound works for lending with cryptocurrencies
Crypto gadgets: new physical device for tracking cryptocurrencies
Bitcoin Beach: the wallet project born in El Salvador expands.
LaLiga Names Divi Official Crypto Wallet for MENA, SEA, & China, in World’s First for a Football League
How to configure a MetaMask wallet
Recover a Bitcoin wallet.dat password in 2 minutes!
By George Michael Belardinelli – 15 Sep 2022
The Global Crypto Adoption Index is one of the most eagerly awaited reports by insiders regarding Chainalysis‘ efforts, this is the ranking of the top 20 countries with the highest rate of cryptocurrency adoption among a total of 146 for which data was taken.  
Summary
Following last week’s report on the prevalence of crypto around the world and people’s perceptions of this market comes a new paper to shed light on this asset, and the data it brings is noteworthy. 
The perception is that the world is becoming increasingly aware of what cryptocurrencies are and the potential they have, a potential ready to explode at any moment, perhaps as inflation and bear markets draw to a close or perhaps sooner to accelerate the end. 
The report is a prequel to a larger work done in the same manner but this time on all countries around the globe, the Geography of Cryptocurrency Report 2022. 
This document is a real milestone in getting a sense of how in the world investors are entering the digital currency market to a greater or lesser extent and fundamental to understanding where and how to act to make people increasingly aware and interested. 
Chainalysis aims to highlight the ratio of cryptocurrency adoption and use around the world to provide an important tool on the flows and openness of various populations to this world as well as bring out how many people invest the largest share of their wealth in digital currencies. 
The goal of the index is to precisely measure where most people are investing most of their capital covers 146 countries scattered around the world and has an accuracy recognized by the very experts who verify the data. 
The professionals interviewed when questioned about the report claimed that this index corresponds to their perceptions of the markets in which they operate, giving a strong injection of confidence in the method used and the reliability of the content. 
The research focuses mainly on five pivotal points, which are the following:
This year, compared to the research done in the previous two years for which we have a history, more indices were included based on the transaction volume of decentralized finance and the modification of two other indices to include only the transaction volume associated with centralized services so as to bring out the countries at the forefront of DeFi and address the issue of inflation and transaction volume driven by it.
The World Bank categorizes countries according to four macro sets limited to income volumes and overall economic development:
With this division one is able to find that the two middle categories emerge strongly at the top of the index.
Ten of the top twenty countries in the ranking are low-middle income: Vietnam, Philippines, Ukraine, India, Pakistan, Nigeria, Morocco, Nepal, Kenya, and Indonesia
Eight countries are upper-middle-income: Brazil, Thailand, Russia, China, Turkey, Argentina, Colombia and Ecuador while only two are upper-income and they are the United States of America and the United Kingdom recently affected by the mourning of Queen Elizabeth II. 
Lower middle and upper-middle income groups usually use Bitcoin, Ethereum and the other cryptocurrencies in order to send remittances or accumulate their savings in times of currency volatility like the one we are living in and meet other financial needs of their economies.
Much to our surprise, although there were some signs as early as 2021, tiny Vietnam ranks first in Crypto adoption because of its very large purchasing power and the variety of centralized, DeFi, and P2P cryptocurrency instruments on the ground.
The United States of America rose from eighth to fifth place despite being among the countries with the largest crypto use in terms of volume. 
The use of P2P exchange tends to be highest in countries with low purchasing power.
The United States of America is by far the country among those in the developed markets with the highest score in the index and one of only two to be in the top 20 along with the United Kingdom while, China re-entered the top 10 countries in the world this year despite the fact that from September 2021 the government gave yet another waistline spin that sank the asset. 
China, which has always been (like Russia) swinging on the adoption or non-adoption of Bitcoin and its likes since last year, has returned adverse to the market and despite everything, this seems not to have been enough to put a brake on the growth of crypto volumes and transactions on its soil. 
Thanks to the use of centralized services, the Dragon snatches the second place overall for transaction volume in relation to individual purchasing power, despite this very strong crackdown perpetrated again by the Beijing government. 
In spite of the bearish market, it is important to note that overall use of cryptocurrencies and their financial instruments remains above pre-recovery market levels in 2019, seemingly with no setbacks on the horizon. 
A hopeful phenomenon has been pointed out in the fact that a significant critical mass of new users who invest their capital in digital currencies during periods of rising prices still tend to remain in the market even when prices fall and make the market less attractive to some. 
A former corporate manager at Carifac Spa and later at Veneto Banca Scpa, blogger and Rhumière, over the years he has become passionate about philosophy and the opportunities that innovation and the media make available to us, in particular the metaverse and augmented reality
Amelia Tomasicchio – 15 Sep 2022
Reporting the future.
The latest news about Bitcoin, ICO, trading, blockchain and fintech.
Stay updated on all the news concerning cryptocurrencies and the whole world of the blockchain
We use cookies to make sure you can have the best experience on our site. If you continue to use this site we will assume that you are happy with it.

source

Write A Comment

Your article is loading
Exit mobile version