Cryptocurrency News

Hardware crypto wallet sales increase as centralized exchanges scramble

2022.07.07 03:10

Hardware crypto wallet sales increase as centralized exchanges scramble
Hardware crypto wallet sales increase as centralized exchanges scramble

Blockchain analysis firm Glassnode recently characterized the 2022 bear market as the worst on record. This seems to be the case due to events such as the war in Ukraine and rising inflation, coupled with serious problems among centralized crypto exchanges.

Yet, the bear market hasn’t negatively impacted all players in the crypto ecosystem. Hardware wallet providers seem to be benefiting from the massive amount of crypto withdrawals from centralized exchanges.

Source

Related Articles

Leave a Reply

Back to top button