Crypto Public Companies Outperformed Crypto Assets | Crypto Daily Digest July. 17
Although major crypto assets such as Bitcoin and Ethereum have generated impressive year-to-date returns of over 60%, crypto-related companies like Michael Saylor's MicroStrategy, Coinbase, and several mining firms have outperformed them by a significant margin. Year-to-date, most of these companies have seen their stock prices surge by 200% to over 400%.
The surge in the stock prices of these publicly traded companies indicates a sustained interest in crypto investments from equity market participants and institutional investors, who are often unable to invest directly in crypto assets.
Today's Market
Headlines
Binance Launchpad Opens Subscription for Arkham ($ARKM), Trialing Initial Price Limit Mechanism
Binance Completes Integration of Bitcoin on Lightning Network, Opens Deposits and Withdrawals
Gnosis Launches Decentralized Payment Network and Self-Custodial Debit Card
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Mantle Network Launches Mainnet Alpha, $BIT to $MNT Conversion Open Today
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Synthetix to Launch New Perpetuals DEX Infinex, Eliminating the need to Sign Each Transaction
What's New from TokenInsight?
Crypto Exchange Report 2023Q2: Bitcoin has been fluctuating around $30,000 for an entire quarter. Has the crypto industry been stagnant due to regulatory concerns? Perhaps we can find the answer from the data of exchanges.
Crypto Investment Products Report July 2023: TokenInsight released Crypto Investment Products Report July 2023, aiming to help users know about the current landscape of crypto investment products and the potential risks.
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