Investor Insights Report - Markets Stabilize and Fundamentals Increase as Crypto Contagion Wanes

August 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 July up 16.6% at $23,325 a gain not seen since October 2021.

Ethereum unique active wallet addresses reached an all-time high in July, 48% higher than previous records.

Due to the decreased profitability of some mining operations, some have had to go offline. This reduced the difficulty of mining by 5% in June. However, the double digit increase in Bitcoin’s price in July has helped with profitability and even some expansion plans as the difficulty lags to catch up.

The SEC went after Coinbase employees for insider trading. In the SEC filings, they specifically call out nine crypto projects as being alleged securities.

July’s open interest in Ethereum provides a moderately strong signal for positive sentiment over the second half of 2022.

GameFi saw a 4.7% increase over the previous month, up 1.8 million users in July.

July brought with it a decrease of 43% in venture capital investment from the previous month. The 141 individual deals in the crypto space brought just over $1.98 billion in investment.