In accordance with the data released by crypto analytics firm Chainalysis, investors around the world realized total Crypto gains of $162.7 billion in 2021, compared to $32.5 billion in 2020. This is 2nd consecutive data by Chainalysis. Click here
- However, India ranked lowly at 21st with realized gains of around $1.85 billion while it is topped by the United States (US) with an estimated realized Crypto gain of $46.95 billion.
- The US is followed by the United Kingdom (UK) at 2nd with estimated realized Crypto gains of $8.16 billion, Germany ($5.82 billion), Japan ($5.51 billion) and China ($5.06 billion).
Key Points:
i.Ethereum is the most noteworthy gainer among the crypto assets. The report highlights that Ethereum edged out Bitcoin in total realized gains globally at $76.3 billion to $74.7 billion.
ii.The US estimated realized cryptocurrency gains grow 476% which China’s witnessed a growth of 194% in comparison to 2020.
Recent Related News:
i.The Torus Kling Blockchain IFSC, an equal joint venture between Cosmea Financial Holdings and Kling Trading India signed a MoU with India INX to launch the first Bitcoin and Ethereum Futures exchange traded funds (ETFs) in India.
ii.India’s 1st index of cryptocurrencies named ‘IC15’ was launched by CryptoWire, a global crypto super app, to empower knowledge on the cryptocurrency and blockchain ecosystem.
About Chainalysis:
CEO– Michael Gronager
Headquarters– New York, United States
