Markets· ★★· neutral· October 22, 01:57

Chainalysis: Canada's P2P crypto trades peaked near 650K a month in spring 2024

—Monthly P2P crypto trades in Canada peaked near 650,000 in spring 2024
—P2P trading volumes have declined steadily since that peak
—Study-permit issuance fell over the same period
—Chainalysis found no direct causal link between the two trends

Why it matters: The data shows how migration and economic factors shape retail crypto demand in Canada.

Source: Bloomingbit

More stories in swipe mode🔥 Trending now: Hackers physically planted spy chips inside crypto wallets and stole $90m

More on this

Markets · yesterday

Chainalysis: Canada's crypto economy grows 2.3% to $247.7B as US shrinks 2.2%

Markets · Oct 14

Canada crypto remittances to Asia surge 141% to $2.36B: Chainalysis

Regulation · Oct 6

Chainalysis: China's crypto activity hit $176B, 59% moved via P2P