Tagged: Research Report

Digital Wallets Holding Over 100 Bitcoin (BTC) has Grown Significantly Following COVID Outbreak: Report

The team at Kraken, a leading US-based digital asset exchange, notes that cryptocurrency prices have been soaring, and related innovation is “breaking ground,” while key opportunities are flourishing. According to Kraken, crypto adoption is “relentless.” The Kraken team writes that as they begin a new… Read More

Bitcoin Accounts Dormant for 5+ Yrs have “Barely Transacted” Compared to other Bull Cycles, even as BTC Doubled Previous All-Time Highs: Report

The team at Interdax, a digital assets derivatives trading platform, notes that after quite an eventful year, Bitcoin’s (BTC) price closed considerably higher than the all-time high the digital asset had set in December 2017. The new year 2021 was also kicked off with a… Read More

Bitcoin related Crime is Declining, and Illicit Financial Activities Involving Cryptos Remain Small Part of Industry: Report

Blockchain analysis firm Chainalysis notes that 2020 was an “incredible” year for Bitcoin (BTC) and the larger cryptocurrency market. Despite the devastation and socioeconomic problems resulting from the global Covid-19 pandemic, Bitcoin, the flagship digital currency, managed to shatter its previous all-time highs. The Bitcoin… Read More

Buy Now Pay Later or BNPL Market in Southeast Asia Is Growing Rapidly with Fintech Firms like Grab, Razer Offering Flexible Purchasing Plans

Buy Now, Pay Later (BNPL) services are being widely-adopted in Southeast Asia. BNPL service providers allow consumers to pay for products via flexible instalment plans. Major Fintechs offering BNPL options in the Southeast Asian region include Grab, GoJek, Razer, Oriente, among others. BNPL lets people… Read More

There were Over 1 Million Active Bitcoin Addresses in December 2020, Number of BTC Payments Increased Signficantly: Report

The team at Blockchain.com, a leading crypto wallet provider, trading platform, and block explorer service, notes that every month, they look at on-chain (blockchain) data to examine “interesting trends or movements” on the Bitcoin (BTC) network. The daily number of BTC transactions in December 2020… Read More

Wealthtech Trends to Watch in 2021 include Sustainable Investment Strategies, Ecosystem Development, Hyper-Personalization: Report

Ecosystem development, sustainable investment strategies, and hyper-personalization were identified as some of the major wealth management trends that will be prioritized by Wealthtech companies this year. This, according to a report from Capgemini, a French consulting firm. In a research report, titled Top Trends in… Read More

Digital Banking: Fintech Challengers in the US Grew Customer Base by Nearly 40%, UK Digital-Only Banks Report Growth as Well

With digital or neo banking gaining more users and popularity during the Coronavirus pandemic, the leading challenger banks in the US and Europe recently confirmed steady growth and adoption. Trading Platforms reveals that seven US or American challenger banks managed to record a combined user… Read More

Fintech Firms in Indonesia Attracted Substantial Funding throughout 2020 Along with Digital Commerce and SaaS Platforms: Report

Indonesia-based Fintech platforms and services have continued to receive substantial investments despite the COVID outbreak. These Fintechs have acquired a significant portion of the total funds invested in Indonesian startups throughout 2020. According to reports, Fintechs in the country have acquired more capital than software-as-a-service… Read More

Blockchain or DLT based Security Tokens Market Cap Stood at $374 Million+ in December 2020 with Over $2.6 Million in Trading Volume: Report

The Security Token Group (STG), a team of professionals focused on re-inventing capital markets with blockchain-enabled security tokens, have published their December 2020 monthly market report. As confirmed in the report, the total security token market cap stood at $374,061,074 in December of last year…. Read More

AI and Digital Tech Adoption in India to Help Banks and Financial Institutions with Streamlining Operations: Report

The Institute for Development and Research in Banking Technology (formed by the Reserve Bank of India) has revealed that the digital economy sector in India is expected to “double its output as early as 2025.” Digitization in India is expected to lead to “widespread economic… Read More

P2P Digital Payments like Chase QuickPay with Zelle are Increasingly being Used During COVID: Survey

Chase Bank has published the findings of its Digital Banking Attitudes Study— which was compiled after conducting a national survey of 1,500 consumers. The survey’s participants were asked about their preferences when accessing digital banking services. Consumers of all age different groups noted that these… Read More

Bitcoin Mining Might be a Profitable Business in Kazakhstan As Miners May be Within Lowest 5% of Electricity Rates Globally: Report

The team at HASHR8 Inc., a cryptocurrency mining and media firm that aims to support the “decentralized growth” of hashrate (or computing power used to secure digital currency networks) while enhancing the security of blockchains, have released their second installment of the Bitcoin Mining Index…. Read More

Nearly 80% of Circulating Bitcoin (BTC) Supply Is Illiquid, Hardly Accessible for Buying, which Is Bullish: Report

78% of the circulating Bitcoin (BTC) supply is now “illiquid and therefore hardly accessible for buying,” according to crypto data provider glassnode. 78% of the circulating #Bitcoin supply is illiquid and therefore hardly accessible for buying. This points to a bullish investor sentiment as large… Read More

Fintech Lending Is on the Rise Globally but Policymakers Must Watch the Space Closely to Protect Consumers: Report

Demand for Fintech services and loans have surged in India this year, according to local news outlet Live Mint. The credit flows of Fintechs and Big-tech firms have increased significantly during the past few years in highly developed countries. Commercial banks have emerged as leaders… Read More

North American and European Fintech Firms Attracted Substantial Funding in 2020 but Number of Deals Declined: Report

North American and European Fintech firms experienced a 17% year-over-year (YoY) growth during Q3 2020, which brings the total to $8.9 billion raised in venture capital investments, compared to $7.6 billion secured in Q2 2020. Although these are solid gains, there were just 414 deals… Read More

Fintech Sector in Brunei Is Growing Steadily as Demand for Remittance Services and Better Credit Solutions Rises: Report

Fintech

Brunei’s Fintech sector continues to grow steadily due to the rising demand for digital financial services and its government’s push to encourage its residents to use modern payment methods. Brunei has the second-highest (after Singapore) human development index or HDI (which measures the overall quality… Read More

Bitcoin (BTC) Remains “Single Most Watched” Digital Asset with Ethereum Dominating DeFi throughout 2020: Report

As 2020 comes to an end, Binance has shared some key crypto and blockchain industry trends and highlights for this year. The exchange notes that the total market cap for all digital currencies surged by over 3.3x in 2020 alone, expanding the crypto-assets market significantly…. Read More

Fintech and Crypto Adoption Remained Steady in Switzerland in 2020 Despite COVID-19: Report

The Fintech sector in Switzerland has been growing steadily and has been consolidating this year, a trend highlighted by the rising number of later-stage funding rounds and some of the first Fintech-related exits, according to the IFZ Fintech Study 2020. In 2019, Series B rounds… Read More

Robocash Reports that 40% of Investors Allocated Over €20,000 on P2P Platforms, According to a New Survey

Robo.cash, a peer to peer (P2P) lending marketplace, has revealed that 40% of investors have “allocated over €20,000 on P2P platforms.” As mentioned in an update shared with CI, a recent survey carried out by the European P2P platform Robo.cash found that 2 out of… Read More

Fintech Deals and Dollars Could See Decline this Year from 2019 Despite Q4 2020 Recovery: Report

Fintech-focused venture capital mega-rounds ($100 million+) reached a record high this year, according to a report from research firm CBInsights. With just a couple of weeks left in Q4 2020, the CBInsights team took an early look at the global Fintech investment trends taking place… Read More

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