'CoinDesk Daily' host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a Jefferies report said that bitcoin mining was notably less profitable in August than July.
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a Jefferies report said that bitcoin mining was notably less profitable in August than July. Plus, Singapore is investigating seven people for offering Worldcoin services, and India and Nigeria top the world in terms of grassroots crypto adoption.Will September be more difficult for Bitcoin miners and world coin faces scrutiny in Singapore.
According to an annual report from cha analysis, India and Nigeria have maintained the top two positions in the world in terms of grassroots crypto adoption. But Indonesia is the fastest growing since 2023 Indonesia jumped four places to third as one of the fastest growing crypto markets within the Central and Southern Asia and Oceania region. Indonesia has the highest year over year growth at nearly 200% and the highest Cryptocurrency value received at approximately 100 and $57.1 billion.
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