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🌍 Europe Becomes the Largest Crypto Market

Europe is responsible for handling 25% of all crypto transactions.

Hey Blockster, Did you know Europe has just become the largest crypto economy in the world? Yep, that's right. According to a new report by the blockchain analytics firm Chainalysis, Central, Northern, and Western Europe (CNWE) has silently taken the lead, while Eastern Asia and North America were busy competing for the top spot. Based on Chainalysis' findings, CNWE has been serving as the top economy for cryptocurrencies between July 2020 and June 2021. During this period, the region handled over $1 trillion worth of digital asset transactions, which represents approximately 25% of the global crypto activity. The blockchain analytics company also identified a significant increase in Europe's decentralized finance (DeFi) sector as well as institutional crypto investments. Although, it's important to note that the firm described cryptocurrency transactions as "anything that involves trade, investments, and business dealings." Check out this informative article on Blockdesk to learn the details of the story! Ready to read more exciting stories from the crypto industry? We've got you covered; take a look below to see our new collection of the best articles right from Blockdesk: 5 Mainstream Tokens That Could Fail Soon – Currently, there are over 12,000 coins present on the cryptocurrency market. However, many of these digital assets have already been abandoned or simply failed to gain traction over the years. And, some of the mainstream coins will likely end up like these dead projects at some point in the future. Sizing Up the Crypto Market Against the Stock and Forex Markets – In the early days, most people thought crypto was no more than a fad or a highly speculative investment. Since then, the asset class has grown to be a nearly $2 trillion market, leading to a change of perspective. But how does the crypto industry compare to the stock and forex markets? What are Index-Based Crypto Assets? – Index funds are popular instruments on traditional markets that offer numerous benefits for investors. And, in this article, we will explore how index-based assets are utilized in crypto. 5 Most Shocking Scams that Have Happened in Cryptocurrency to Date – Unfortunately, due to the massive amounts of money involved and the relatively new nature of the technology, the cryptocurrency market has been increasingly targeted by fraudsters and hackers since the dawn of the industry. In this article, we will take a look at the most shocking cases of crypto fraud. That's all the stories we have for you today. But don't worry; we will return tomorrow with a new collection of the best Blockdesk articles. See you then! Cheers, The Blockster Team © 2021 Blockster. All rights reserved This message was sent to lelakikelasmenengah@gmail.com by info@blockster.com Queensway, Midtown, Giblartar GX11 1AA, Gibraltar Unsubscribe | Manage Subscription | Forward Email

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