Attractive Opportunities for Players In Cryptocurrency Market and How it works ? – Market Research Report – Yahoo Finance

Chicago, Dec. 12, 2022 (GLOBE NEWSWIRE) — Cryptocurrency Market by Offering (Hardware, and Software), Process (Mining and Transaction), Type, Application (Trading, Remittance, Payment: Peer-to-Peer Payment, Ecommerce, and Retail), and Geography”, Get an overview of the report structure, market segmentation & market size, company analysis and regional opportunities covered in the report
Ask for PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=158061641
Cryptocurrency Industry Scope
Report Metric
Details
Market Growth Rate
CAGR of 7.1%
Expected Value
USD 2.2 billion by 2026
Estimated Value
USD 1.6 billion in 2021
Largest Share Region
APAC
Market size available for years
2015-2026
Base year
2020
Forecast period
2021–2026
Units
Value (USD)
Segments covered
Offering, process, type, and Geography
Geographic regions covered
North America, APAC, Europe, and RoW
Companies covered
Bitmain (China),
NVIDIA (US),
Xilinx (US),
Intel (US),
Advanced Micro Devices (US),
Ripple Labs (US),
Ethereum Foundation (Switzerland),
Bitfury Group (Netherlands),
Coinbase (US),
BitGo (US),
Binance Holdings (China) Canaan Creative (China).
Bitstamp (Luxemburg),
Ifinex (Hong Kong),
Ledger SAS (France),
Xapo (Hong Kong), and
Alcheminer (US).
Cryptocurrency Market Growth Dynamics
Driver: Transparency of distributed ledger technology
Issues related to lack of transparency arise when transactions take place without the knowledge of stakeholders, especially in Asian countries where several instances of fraudulent or unwanted transactions, such as deduction of scheduled charges, are frequently observed.
This may be caused by human error, machine error, or data manipulation during the transaction process, and may result in customers losing huge amounts of money. Moreover, in most cases, financial institutions do not accept their fault. This lack of transparency in the current monetary system leads to dissatisfaction among the public.
Restraint: Uncertain regulatory status
The cryptocurrency market is not yet regulated. At present, the lack of regulations and the uncertainty regarding the same are among the major factors restraining the adoption of cryptocurrencies.
While financial regulatory bodies across the world are working to find common standards for cryptocurrencies, regulatory acceptance remains one of the biggest challenges. As the distributed ledger technology is still in the nascent stage, it raises a number of questions for regulators and policymakers at national and international levels.
Opportunity: Significant growth opportunities in emerging and developed markets
Emerging economies (such as India, China, and Brazil) and developed countries (such as the US, Germany, and Japan) are expected to offer significant growth opportunities for companies operating in the cryptocurrency market.
For instance, in 2020, Brazilian crypto companies have signed a code of self-regulation that aims to legitimize and boost the adoption of crypto assets in the country. The document was signed under the auspices of Abcripto, the country’s association of cryptocurrency companies.

“Browse in-depth TOC on “Cryptocurrency Industry
138 – Tables
42 – Figures
188 – Pages
Software Developed By
IBM is a leading multinational company that develops hardware and software technologies for computer systems and provides consulting services. It is a leading provider of cognitive solutions and has AI capabilities for data and analytics. IBM offers IBM Cloud products categorized as IBM Bluemix PaaS, IBM Cloud IaaS, and IBM SaaS. These categories include products such as computing, network, storage, management, security, and databases. The company innovates new platform models based on cloud computing and has become a global leader in hybrid cloud enterprise solutions. It has a robust global presence in North America, Europe, the Middle East & Africa, Latin America, and Asia Pacific. The company caters to various verticals, such as automotive, aerospace and defense, healthcare, government, insurance, retail, telecommunications, and media and entertainment.
Oracle operates in cloud and license, hardware, and service businesses. The oracle cloud and license offerings include applications, databases, and middleware software offerings. The hardware offerings segment includes engineered systems, servers, storage and industry-specific products and services for its customers and partners. Oracle develops database platforms, middleware software, application software, cloud infrastructure systems, computer servers, storage, and networking products.
Oracle offers Oracle Cloud that is further categorized into Oracle Cloud PaaS, Oracle Cloud SaaS, and Oracle Cloud Infrastructure (OCI). Oracle PaaS is an integrated platform that enables customers to build, deploy, and manage application workloads seamlessly and cost-effectively. Oracle Cloud SaaS provides customers with faster and more innovative services in a complete, secure, and connected cloud suite. OCI encompasses computing, storage, network, container services, and migration tools. Oracle provides a broad portfolio of cloud solutions for business functions, such as ERM, HCM, customer experience, SCM, and Field Service Management (FSM).
Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=158061641
Recent Developments in Cryptocurrency Market Trends
In March 2018, NVIDIA announced a series of new technologies and partnerships that expand its potential inference market to 30 million hyperscale servers worldwide, while dramatically lowering the cost of delivering deep learning-powered services .
In February 2018, AMD launched EPYC Embedded 3000 series processor and AMD Ryzen Embedded V1000 processor that deliver high performance, exceptional integration, and on-chip security.
How will the increasing adoption of Cryptocurrency for mining impact the growth rate of the overall market? The market for Mining process is estimated to grow at higher CAGR during the forecast period. Mining is an integral process for the generation, transmission, and validation of transactions in cryptocurrencies. It ensures stable, secure, and safe propagation of the currency from a payer to a receiver. Unlike fiat currency, where a centralized authority controls and regulates the transactions, cryptocurrencies are decentralized and work on a peer-to-peer system.
Related Reports:
The Crypto ATM Market is expected to reach USD 144.5 million by 2023 from USD 6.8 million in 2017, at a CAGR of 54.7% during the forecast period.
The Microprocessor and GPU Market is estimated to be USD 103.0 billion in 2020 and projected to reach USD 138.2 billion by 2025; at a CAGR of 6.1%.

Interpol fugitive Kwon Do-hyung flew to the Republic of Serbia last month, South Korean prosecutors told Forkast, confirming local media reports.
After enjoying a brief rally late last week on hopes that China's rolled-back zero-COVID policies might allow its economy to grow a bit faster — and permit Tesla (NASDAQ: TSLA) to produce a few more electric cars there as supply chains unsnarl — Tesla stock hit a bump in the road today. The reason is a poll released by the international research data and analytics group YouGov. According to YouGov, Tesla is one of the most famous brands in the world today, with an astounding 97% of Americans surveyed having heard of Elon Musk's pioneering electric car company.
Two top-tier chipmakers stand out as screaming buys for the new year, while another widely held semiconductor stock is facing a mountain of headwinds.
Brookfield Asset Management (NYSE: BAM) recently completed a unique stock split. Brookfield completed this split so that its investors would have direct exposure to its asset management business's dividend income and growth. CEO Bruce Flatt recently discussed the growth it has already locked up at a recent industry conference.
While some of these tech stocks were riding the tide and will never see new highs, others have been unfairly thrown out with the rest and could eventually comeback for a rebound. Bold investors can consider these tech stocks as speculative holdings in a diversified portfolio. Fintech company Upstart Holdings (NASDAQ: UPST) uses artificial intelligence to determine creditworthiness instead of a traditional credit score.
Oracle and Tesla are trending in after hours.
ExxonMobil (NYSE: XOM) shares closed out last week on a down note, as investors digested the details of the oil giant's latest "five-year plan": paying down debt, buying back stock, and allowing profits and cash flow to fall well below 2022 levels. You can thank the oil market for that. Oil prices popped Monday morning, with the cost of a barrel of WTI crude up 3.4% at $73.40 and Brent crude, the international benchmark, rising 2.8% to $78.19.
Back in January, Microsoft (NASDAQ: MSFT) agreed to buy Activision Blizzard (NASDAQ: ATVI) for $68.7 billion (or $95 per share). Activision Blizzard's investors approved the deal three months later, while Warren Buffett's Berkshire Hathaway acquired nearly 10% of the video game maker as an arbitrage play. For a while, it seemed like a good idea to follow Buffett's lead, since Activision's shares consistently remained below $95.
Yahoo Finance anchor Seana Smiths checks out several stocks trending in the after-hours trading session.
Devon Energy (DVN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
In this article we present the list of the 10 Best Cannabis Stocks To Buy Now. Click to skip ahead and see the 5 Best Cannabis Stocks To Buy Now. Canopy Growth Corporation (NYSE:CGC), The Scotts Miracle-Gro Company (NYSE:SMG), and Tilray, Inc. (NASDAQ:TLRY) are a few of the best companies to buy that have high exposure […]
Needless to say, every investor is looking for big returns and while there are many routes to follow in trying to achieve that goal, tracking the moves made by Wall Street’s most successful investors is surely a good place to start. One investor sitting pretty near the top of the pile is Izzy Englander. Interested in the stock market from an early age, Englander was already trading stocks in high school. By 1989, he established the Millennium Management hedge fund with $35 million in seed money,
In this article, we will take a look at the 10 cheap small-cap stocks to buy before the next breakout. If you want to see more stocks in this selection, go to the 5 Cheap Small-Cap Stocks to Buy Before the Next Breakout. Some of the prominent large and mega-cap stocks in the world today used […]
In this article, we discuss 11 best steel stocks to buy today. If you want to see more stocks in this selection, check out 5 Best Steel Stocks To Buy Today. The World Steel Association released its Short Range Outlook on April 14, and it expects steel demand to increase 0.4% in 2022 to 1.84 […]
Amazon has struggled this year, but patient investors have good reason to be bullish about the tech titan's future.
Canoo (NASDAQ: GOEV) and Nikola (NASDAQ: NKLA) are both electric vehicle makers that went public by merging with special purpose acquisition companies (SPACs) in 2020. Canoo's stock hit an all-time high of $22 per share in December 2020, but it now trades at about $1. Canoo produces electric delivery vehicles.
GE HealthCare management is meeting with investors before it separates from General Electric in early January.
Expansion in the European market hinges on Nio's ability to provide technologically advanced EVs at competitive prices.
Shares of Silvergate Capital (NYSE: SI) fell as much as 10.2%, once again, on Monday morning as the crypto industry continues to unearth new risks. This time, it's a U.S. investigation into Binance caught the industry off guard. Multiple news outlets reported this morning that the U.S. Department of Justice has an ongoing criminal probe into Binance, the world's largest crypto exchange.
Petrobras (PBR) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

source

Image - ThumbHow To Make Huge Profits In A Short Time With Crypto
Get detailed training system that shows an absolute beginner (without any skill) how to make huge profits in a short time with crypto.
Image - ThumbCrypto + NFT Quick Start Course
The #1 course for profit in the Crypto & NFT world - You will discover the secrets that 99% of people don’t know yet

About the Author: admin

You might like

Leave a Reply

Your email address will not be published. Required fields are marked *