Emerging markets dominate Chainalysis 2022 Geography of Cryptocurrency Report – CryptoSlate

The global crypto market cap is $ with a 24-hour volume of $. The price of Bitcoin is $23,156.94 and BTC market dominance is %. The price of Ethereum is $1,589.69 and ETH market dominance is %. The best performing cryptoasset sector is Yield Farming, which gained 10%.
Significant growth seen in the Middle East and North Africa, while North America continues to lead in DeFi.
Cover art/illustration via CryptoSlate
The 2022 Global Crypto Adoption Index has released its third report indicating where the market may be heading in 2023.
 
“DeFi-driven cryptocurrency markets in North America were strong but volatile over the last year.”
“Latin America’s key crypto adoption drivers: storing value, sending remittances, and seeking alpha.”
“Central, Northern & Western Europe remains the world’s largest crypto economy thanks to DeFi, NFTs, and growing regulatory clarity.”
“Eastern Europe’s crypto market active, with spikes in last year driven by Russia-Ukraine War.”
“Crypto adoption steadies in South Asia, soars in the Southeast.”
 
“Cryptocurrency market growth in Eastern Asia grinds to a halt, Chinese market down but not out following government bans.”

“Middle East & North Africa’s crypto markets grow more than any other region in 2022.”
“Cryptocurrency meets residents’ economic needs in Sub-Saharan Africa.”

Dorian Batycka is a journalist interested in art and technology. He has previously contributed to CoinDesk, Decrypt, Artforum, Artnet News, the Art Newspaper, and many others. He can be found on Twitter and Instagram @temp_projects, where he often memes his way through current financial and art news, scandals, and events.
CryptoSlate looked at the data surrounding notable token unlocks to see how they affect the market.
Directly from this Widget: the top CEXs + DEXs aggregated through Orion. No account, global access.
Disclaimer: Our writers’ opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.
Chainalysis builds trust in blockchains between people, businesses and governments.
Musk believes market forces will determine the success or failure of Central Bank Digital Currencies (CBDCs).
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Turkey’s opposing coalition released its doctrine as the elections approach — which included 13 matters aiming to increase crypto adoption.
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COIN is up significantly this month despite the crypto industry’s struggles.
World Mobile is developing a dedicated Cardano sidechain as it strives to bring internet to the unconnected.
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Some charities have voluntarily agreed to return the funds, some have already spent the money, while others are awaiting legal clarity.
On Jan. 4, Genesis CEO Derar Islim wrote that the firm was “reducing costs and driving efficiencies” in all of its businesses.
XRP, FIL and OP have the largest estimated locked value with $17.9 billion, $4.9 billion, and $3.7 billion, respectively.
CryptoSlate looked at the data surrounding notable token unlocks to see how they affect the market.
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