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Cryptocurrency

Cryptocurrency Market Anticipated to Grow $4.94 Billion By 2030 at 12.8% CAGR | In-Depth Analysis with Top Key Players

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Cryptocurrency market

The increasing need for operational efficiency, transparency in financial payment systems and the increasing demand for remittances in developing countries are driving the growth of the cryptocurrency market. “

– Vivek Karmalkar

PORTLAND, OREGON, UNITED STATES, Sep 21, 2021 /EINPresswire.com/ – Cryptocurrencies are a digital medium of exchange and use blockchain technology that provides security. Consumer demand for cryptocurrencies is increasing as the time it takes to make a transfer is reduced. In addition, it helps ensure that third parties are no longer needed for business deals, offers improved capital optimization and better security measurement.

Allied Market Research released a new report titled “Cryptocurrency Market By Offerings (Hardware [ASIC, GPU, FPGA, and Others] and software), process (mining and transaction), type (Bitcoin [BTC], Ether [ETH], Tether [USDT], Binance coin [BNB], Cardano [ADA], Ripple [XRP], and Others) and End User (Trading, Retail & E-Commerce, Banking, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030 “.

The market report provides a comprehensive analysis of the current market aspects, estimates, evaluations, turning scenarios, and dynamic forces of the industry from 2019-2028. It also shows a comprehensive study of the aspects driving and restraining the market growth. The comprehensive assessment of the market size and its correct breakdown help in determining the prevailing market opportunities.

Download Sample Report (Full Insights PDF – 354 Pages) @ https://www.alliedmarketresearch.com/request-sample/2075

The major countries in each region are presented according to their share of sales. The key market players in the industry are described and their plans and strategies are thoroughly studied to map the competitive outlook of the cryptocurrency market.

The market report covers regions such as North America (United States, Canada, and Mexico), South America (Brazil, Argentina, and Colombia), Europe (Germany, France, United Kingdom, Russia, and Italy), Asia-Pacific (China, Japan), Korea, India, and Southeast Asia ), Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, Nigeria and South Africa). The report also presents a comprehensive market scenario in each jurisdiction.

This report examines the front runners in the global cryptocurrency market. These market participants have developed various strategies including partnership, expansion, collaboration, joint ventures, and others to strengthen their standing in the industry. Key players in the cryptocurrency industry include Advanced Micro Devices Inc., BitFury Group Limited, BTL Group Ltd., Coincheck Inc., Intel Corporation, Ledger SAS, NVIDIA Corporation, Ripple, Xilinx Inc., and Xapo Holdings Limited.

Get Comprehensive Analysis Of The Impact Of COVID-19 On The Cryptocurrency Market @ https://www.alliedmarketresearch.com/purchase-enquiry/2075

The report provides in-depth information on key end-users and annual forecasts from 2019 to 2028. In addition, it includes sales forecasts for each year as well as sales and revenue growth of the market. The forecasts are offered through a thorough market study by competent analysts in relation to the geographic assessment of the market. These projections are useful for gaining deep insights into the future prospects of the industry.

Main advantages of the report:
1. This study provides an edifying illustration of the global cryptocurrency market along with current trends and future assessments in support of investment.
2. The market report also includes statistics related to major drivers, limiting factors, and opportunities along with a comprehensive analysis of market revenue.
3. The current market will be thoroughly assessed from 2019 to 2028 to accentuate the global growth scenario of the cryptocurrency market. This analytical pattern shows the assertiveness of the market by analyzing multiple parameters including the pressures of alternatives, the power of vendors, and the choice of buyers in the industry.

Access the full summary @ https://www.alliedmarketresearch.com/crypto-currency-market

Main offer of the report:
1. Main Influencing Factors: A comprehensive study of the driving factors, upcoming opportunities and challenges.
2. Current Drifts & Trends: A thorough analysis of recent market trends and projections for the next few years in order to make a tactical, deliberate decision.
3. Segmental Examination: A comprehensive analysis of each segment and the growth factors along with an estimate of the growth rate.
4. Geographical Analysis: Detailed assessments of the market potential in each province so that market participants can make the most of the market opportunities.
5. Competitive Scenario: A comprehensive analysis of the top performers in the industry.

Questions answered in the cryptocurrencies market research report:
1. Who are the leading players in the global cryptocurrency market?
2. What would be the detailed impact of COVID-19 on Global Cryptocurrency Market Size?
3. How will the current market trends for cryptocurrencies affect the industry in the next few years?
4. What are the driving factors, restraints and opportunities in the world market?
5. Which prognoses for the future help with further strategic steps?

Similar report:
Prepaid card market is projected to reach $ 6.87 trillion by 2030
Buy Now Pay Later market is set to grow by $ 3.98 trillion by 2030
The robo-advisory market is projected to reach $ 41.07 billion by 2027

Key segments of the cryptocurrency market:
By offering:
1. Hardware
2. Software

By process:
1. Mining
2. Transaction

By type:
1. Bitcoin (BTC)
2. Ethereum (ETH)
3. Tether (USDT)
4. Binance Coin (BNB)
5. Cardano (ADA)
6. Waviness (XRP)
7. Others

By end user:
1. Trade
2. Retail and e-commerce
3. Banking business
4. Others

By region:
1. North America
2. Europe
3. Asia Pacific
4. LAMEA

CHAPTERS DISCUSSED IN THE REPORT: [Total 354 Pages]

Chapter 1 Introduction
Chapter 2: Summary
Chapter 3: Market Overview
Chapter 4: Cryptocurrency Market, By Supply
Chapter 5: Cryptocurrency Market, By Process
Chapter 6: Cryptocurrency Market, By Type
Chapter 7: Cryptocurrency Market, By Consumer Industry
Chapter 8: Cryptocurrency Market by Regions
Chapter 9: Competitive Landscape
Chapter 10: Company Profiles

Request customization @ https://www.alliedmarketresearch.com/request-for-customization/2075

About us:
Allied Market Research (AMR) is a full-service market research and management consulting arm of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides unmatched quality of “Market Research Reports” and “Business Intelligence Solutions” to global corporations as well as medium and small businesses. AMR has a focused perspective to provide business insights and advice to its clients to make strategic business decisions and achieve sustainable growth in their respective market area.

Contact:
David Correa
5933 NE Win Sivers Drive
# 205, Portland, OR 97220
United States
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+ 1-800-792-5285, + 1-503-894-6022
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Fax: +1(855)550-5975
help@alliedmarketresearch.com
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Allied Analytics LLP
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September 21, 2021 at 6:34 PM GMT


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Cryptocurrency

Facebook’s Novi, Worldcoin, BTC ETF, Mastercard crypto

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1. Introduction of the first US futures-based Bitcoin ETF

2. Senators call out on Facebook, Novi. to turn off

Also on Tuesday, Senate Democrats wrote a letter to Mark Zuckerberg, CEO of Facebook, to get the social media giant to end its Novi digital wallet project.

The letter received from Sens. Brian Schatz, D-HI .; Sherrod Brown, D-Ohio .; Elizabeth Warren, D-Mass .; and others came after Facebook launched its Novi pilot program in the US and Guatemala on Tuesday.

“Facebook cannot be trusted to manage a payment system or digital currency when its existing ability to manage risk and keep consumers safe has proven to be utterly inadequate,” the letter said. “We urge you to immediately hire your Novi pilot and make a commitment not to bring Diem to market.”

Diem, renamed from Libra, is Facebook’s stopped digital currency project. However, instead of using Diem, Facebook announced it would be using a stablecoin called the Paxos Dollar. Novi would allow users to send and receive money using the Paxos dollar, with Coinbase as their custodian partner.

3. Worldcoin scans people’s eyes in exchange for free cryptocurrency

Silicon Valley tech millionaire Sam Altman has launched a new startup called Worldcoin that claims it will provide free cryptocurrency to those who verify their accounts through an iris scan.

Worldcoin says it has shipped its scanning devices to people in 12 countries.

Once users log in by scanning their irises, the image is encrypted and converted into a unique code, while the original data is erased to protect users’ privacy, Worldcoin told CNBC. Afterwards, the users will receive the cryptocurrency from Worldcoin for free.

Worldcoin has accumulated over 100,000 users worldwide and is adding 700 more every week. The start-up aims to reach 1 billion users by 2023.

4. Robinhood’s crypto wallet waiting list exceeds 1 million customers

During CNBC’s Disruptor 50 summit on Thursday, Robinhood CEO Vlad Tenev said that the trading app’s crypto wallet waiting list is more than 1 million customers.

“You can have a wallet, you can send people cryptocurrencies from that wallet to their wallet,” Tenev said. “The technology has certain advantages that somehow make it globally and by default available, and that makes it very interesting.”

Last month, Robinhood announced that it was testing a wallet feature that would allow investors to trade, send, and receive cryptocurrencies. Users can also move cryptocurrencies in and out of the Robinhood app.

5. Mastercard says that every bank or merchant in its network will soon be able to offer crypto services

On Monday, CNBC reported that Mastercard will soon allow banks and merchants on its payment network to incorporate cryptocurrency into their products.

These include bitcoin wallets, as well as credit and debit cards, which users can use to earn cryptocurrency rewards or spend cryptocurrency.

Mastercard partners with Bakkt, a digital asset platform that provides custody services to those who sign up.

6. Nigeria’s Central Bank Digital Currency Goes Live

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Cryptocurrency

New Ethereum-to-Cardano Bridge Will Provide NFT Creators Eco-friendly Options

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Bondly announced a new functionality on the Cardano blockchain aimed at creators. Energy consumption has been a major issue on the Ethereum network, especially given the increased use of the blockchain in recent months. The developers behind the project have been working to bring the network to proof-of-stake, but that’s still a year away.

In the meantime, the Ethereum blockchain is still using a proof-of-work mechanism that takes a lot of energy to confirm transactions on the network. So Bondly has introduced a new solution for NFT makers who may be looking for more sustainable and environmentally friendly options for their creations. At the same time, however, you don’t want to lose the NFTs that they already minted on the Ethereum blockchain.

Related reading |

Bridges between two worlds

In his announcement, Bondly says his official Ethereum-to-Cardano bridge will allow developers to choose a greener blockchain for their NFTs. This bridge allows creators to move their NFT creations from the Ethereum blockchain to the Cardano blockchain.

In terms of energy efficiency, the Cardano blockchain is four million times more efficient than Bitcoin. Ethereum is said to consume Columbia’s energy equivalent, while Cardano’s energy consumption is equivalent to that of a single family home. This will create a greener, greener network for creators who are concerned about the environmental impact of blockchain usage.

Related reading | Cardano loses 3rd place in the Crypto Top 10, why it can drop even more

Bondly announced that through this partnership with IOG NFT creators, it will provide a way to easily transfer NFTs imprinted on the Ethereum blockchain to Cardano without the risk of losing a transaction or paying high fees for wire transfers.

Cheaper on Cardano

Aside from their work on an environmentally friendly blockchain, the creators don’t have to worry about the high fees that the Ethereum network has become known for. With the bulk of NFT minting happening on Ethereum, network fees have skyrocketed, drying up smaller creators who can’t afford these high fees. However, this is not the case with Cardano.

ADA price struggles at $ 2.13 | Source: ADAUSD on TradingView.com

The network prides itself on having low fees for every transaction carried out on the blockchain. In addition, the network also provides NFT builders with price predictability and stable transaction costs, eliminating ever-increasing fees and the fear of lost transactions due to insufficient gas charges to cover a transaction.

The bridge is slated to launch in 2022 and to celebrate its launch, Bondly will be releasing a special series of eco-friendly NFTs on the network. Harry Liu, CEO of Bondly, said; “The creation of a cross-chain NFT bridge between Ethereum and Cardano marks a crucial moment in the transition from legacy blockchain technology to one of the most anticipated “third generation” networks. As one of the pioneers of the NFT movement, we continue to play a key role in building the infrastructure that will usher in the next phase of the NFT evolution. “

Related reading | Cardano enters the Babbage era after the Alonzo HFC milestone

Liu isn’t the only one who loves the bridge. Cardano founder Charles Hoskinson expressed support for the project. “We built Cardano with energy efficiency in mind, which is why this partnership with Bondly is so critical,” said Hoskinson. “We believe that blockchain will only achieve mass adoption if end users have a seamless experience regardless of which blockchain they are using, whatever bridges like this one will achieve.”

The founder has always believed that interoperability will be the future of the blockchain industry and that stance is reinforced with the new partnership with Bondly.

Featured image from Bitcoinist, chart from TradingView.com

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Cryptocurrency

Cryptocurrency panel discusses innovation, investment opportunities – Oakland News Now

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Oakland news now –

Cryptocurrency Panel Discusses Innovation, Investment Opportunities

– YouTube channel video with the logo in the top left corner of the video. OaklandNewsNow.com is the original blog post for this type of video blog content.

Crytpo #bitcoin #investingincrypto #YFAMS #YahooAMS Jennifer Schonberger from Yahoo Finance hosts a comprehensive discussion on cryptocurrency with three …

about IFTTT

Note from Zennie62Media and OaklandNewsNow.com: This video blog post demonstrates the full and live operation of the latest updated version of an experimental Zennie62Media, Inc. network for video blogging systems for mobile media launched in June 2018 by Zennie62Media, Inc .s new and innovative approach to news media production. What we call “The Third Wave of Media”. The uploaded video is from a YouTube channel. When the YouTube video channel for Yahoo Finance uploads a video, it is automatically uploaded to the Oakland News Now site and Zennie62’s own social media pages and formatted automatically. The overall goal here is, in addition to our smartphone-enabled real-time reporting of news, interviews, observations and events anywhere in the world and within seconds, not hours – the use of the existing YouTube social graphic on any topic in the world. Now messages are reported with the smartphone and also by advertising current content on YouTube: There is no need for heavy and expensive cameras or even a laptop or a camera team to film what is already on YouTube. The secondary goal is faster and very inexpensive production and distribution of media content. We found that there is a discrepancy between post length and time to product and revenue generated. This means that the problem is much smaller, but by no means solved. Zennie62Media is constantly working to improve the system’s network encoding and is looking for interested content and media technology partners.

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