Look at different segments of the blockchain industry, they seem to react to events in the broader world. While one segment like nonfungible tokens (NFTs) could experience a sudden rise in interest and investment, other areas like decentralized finance (DeFi) may be slowing or stagnant. It is no different for the month of August, which saw positive signs, such as Bitcoin’s long-term-holder numbers nearly reaching its previous all-time high of over 13.6 million. Other segments, such as GameFi, experienced a 13.8% decrease in new users in the space from July.
It’s important for those involved in the blockchain industry to have a finger on the pulse of different areas of the market, and Cointelegraph Research’s latest Investor Insights analyzes key indicators from different sectors of the blockchain industry. Cointelegraph Research’s analyst looked at 10 segments in the blockchain space, including regulation, crypto mining, security tokens, Bitcoin (BTC) and Ether (ETH) derivatives, and venture capital activities.
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