Investor Insights Report - Countries And Institutions Move Into Crypto Despite Market Downturn

December 2022 - Cointelegraph Research

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Keywords :
Investor Insights, Venture Capital, DeFi, NFT, Bitcoin, Regulations, GameFi, Crypto Stocks, Blockchain, Mining,

The Cointelegraph Research Investor Insights Report is a premium report published monthly that highlights the most recent and significant blockchain industry insights. Find exclusive insights about Bitcoin, DeFi, NFT, GameFi, Venture Capital, Security Tokens, Mining, Crypto Stocks, Regulations, and Derivatives from our subject matter experts.

Report Highlights:

Bitcoin closed out November at $17,168, a 16.2% decrease from its November opening price of $20,494.

Altcoins are heavily affected by the FTX failure, losing the TVL despite users switching to decentralized exchanges.

Last month saw the lowest daily mining revenues since November 2020.

A drop in the Bitcoin network hashrate to 240 EH/s may be an early sign of an impending miner capitulation.

Brazil passed a law legalizing crypto payments nationwide. The law will create a license for exchanges and require them to distinguish between company and user funds.

The options market was denominated by bears leading up the Dec. 2 expiry. This was in response to Bitcoin dipping below the $16,000 support on Nov. 21.

Total venture capital inflows for November reached $800 million, with only 61 individual deals. Both the number of deals and capital inflows are only slightly down from the previous month.

Q3 losses of mining companies: $434.8 Mio. (Core Scientific), $75.4 Mio. (Marathon), $36.6 Mio. (Riot)., and $37.2 Mio (HIVE)