{"id":41404,"date":"2023-01-16T12:02:49","date_gmt":"2023-01-16T12:02:49","guid":{"rendered":"http:\/\/egrowonline.com\/?p=41404"},"modified":"2023-01-16T12:02:49","modified_gmt":"2023-01-16T12:02:49","slug":"featuring-bitmain-technologies-nvidia-ethereum-foundation-intel-ripple-more","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=41404","title":{"rendered":"Featuring Bitmain Technologies, NVIDIA, Ethereum Foundation, Intel, Ripple &amp; More"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">DUBLIN<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Jan. 16, 2023<\/span><\/span> \/PRNewswire\/ &#8212;\u00a0The <a target=\"_blank\" href=\"https:\/\/www.researchandmarkets.com\/reports\/5713535\/cryptocurrency-market-size-market-share?utm_source=CI&amp;utm_medium=PressRelease&amp;utm_code=xwq6nz&amp;utm_campaign=1804863+-+Cryptocurrency+Global+Market+Report+2022%3a+Featuring+Bitmain+Technologies%2c+NVIDIA%2c+Ethereum+Foundation%2c+Intel%2c+Ripple+%26+More&amp;utm_exec=como322prd\" rel=\"nofollow noopener\" data-ylk=\"slk:&quot;Cryptocurrency Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 to 2030&quot;\" class=\"link \">&#8220;<span>Cryptocurrency<\/span> Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 to 2030&#8243;<\/a> report has been added to <b>\u00a0ResearchAndMarkets.com&#8217;s<\/b> offering.<\/p>\n<figure class=\"caas-figure\">\n<div class=\"caas-figure-with-pb\" style=\"max-height: 42px\">\n<div>\n<div class=\"caas-img-container caas-img-loader\" style=\"padding-bottom:11%\"><img decoding=\"async\" class=\"caas-img caas-lazy has-preview\" alt=\"Research and Markets Logo\" src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/uQqo7XG7ZM2ydKkJr8gZ2g--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTc0\/https:\/\/media.zenfs.com\/en\/prnewswire.com\/e75ef6f3096d7cb6f5dd43ba82eca2fe\" \/><img decoding=\"async\" alt=\"Research and Markets Logo\" src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/uQqo7XG7ZM2ydKkJr8gZ2g--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTc0\/https:\/\/media.zenfs.com\/en\/prnewswire.com\/e75ef6f3096d7cb6f5dd43ba82eca2fe\" class=\"caas-img\" \/><\/div>\n<\/div>\n<\/div>\n<p><figcaption class=\"caption-collapse\">Research and Markets Logo<\/figcaption><\/p>\n<\/figure>\n<p>The global <span>cryptocurrency<\/span> market accounted for <span class=\"xn-money\">US$ 2,040.5 million<\/span> in 2020 and is anticipated to grow at a CAGR of 7.2% throughout the forecast period from 2022 to 2030.<\/p>\n<p>Currently, various types of cryptocurrencies are present in the market, including <span>Bitcoin<\/span>, <span>Ethereum<\/span>, <span>Bitcoin<\/span> Cash, and Ripple, among others. Cryptocurrencies use decentralized networks based on blockchain technology. A combination of factors, including high remittances in developing nations, the transparency of distributed ledger technology, high costs of cross-border remittance, and growth in venture capital investment, are proliferating the growth of the <span>cryptocurrency<\/span> market.<\/p>\n<p>The cryptosphere has become more complicated in recent years following scams such as Silk Road and Mt. Gox, which affected <span>cryptocurrency<\/span> prices. For example, according to Bloomberg, more than 50% of global digital asset exchanges are based in the <span class=\"xn-location\">Asia Pacific<\/span> region, accounting for approximately 43 of the 90 exchanges in existence, followed by <span class=\"xn-location\">Europe<\/span>, with 24% of exchanges, and <span class=\"xn-location\">North America<\/span> with 15% of all exchanges.<\/p>\n<p>Additionally, the increasing acceptance of digital currency by various industries, fluctuations in monetary regulations, and significant opportunities in developed and emerging markets are bolstering the growth of the <span>cryptocurrency<\/span> market globally. For instance, according to a filing, the US Patent and Trademark Office, the retail giant Walmart applied for a patent to use a digital coin integrated with fiat currency, which would allow for faster and cheaper transactions.<\/p>\n<p>Apart from this, benefits offered by <span>cryptocurrency<\/span>, such as low ownership costs, safe and faster transactions, are factors that are further boosting market growth across the globe.<\/p>\n<p><button class=\"link caas-button collapse-button\" aria-label=\"\" title=\"\" data-ylk=\"elm:readmore;slk:Story continues\">Story continues<\/button><\/p>\n<p>However, the uncertain regulatory status, lack of awareness and technical understanding of <span>cryptocurrency<\/span>, coupled with concerns regarding security, control, and privacy, are factors hindering the growth of the market.<\/p>\n<p><b>Trading segment dominates the global <span>cryptocurrency<\/span> market<\/b><\/p>\n<p>In 2021, trading segment dominated the <span>cryptocurrency<\/span> market and accounted for a share of more than 40.0% of the total revenue generated globally. This can be associated with rising business activities across different industrial verticals and organizations are showing interest in <span>cryptocurrency<\/span> for trading. Various companies use cryptocurrencies to transfer funds directly between two parties, as it eliminates the requirement of third parties such as banks or credit card companies.<\/p>\n<p>For instance, Microsoft Corporation allows the use of <span>bitcoin<\/span> to top up the Microsoft account. Wikipedia is also one such company which accepts donations in <span>bitcoin<\/span> through BitPay. Using these digital currencies, the use of public keys and private keys further secures the real-time transfers. This, in turn, is bolstering the demand of the market.<\/p>\n<p><b><span class=\"xn-location\">Asia Pacific<\/span> region dominates the global <span>cryptocurrency<\/span> market<\/b><\/p>\n<p><span class=\"xn-location\">Asia Pacific<\/span> region dominated the global <span>cryptocurrency<\/span> market with a market share of more than 50% in the year 2021. This can be associated with the <span>crypto<\/span>-friendly approach, relative affordability of electricity, and exchange activity in the region especially in countries such as <span class=\"xn-location\">China<\/span>, <span class=\"xn-location\">Hong Kong<\/span>, <span class=\"xn-location\">Japan<\/span>, and <span class=\"xn-location\">South Korea<\/span> among others. For instance, <span class=\"xn-location\">South Korea<\/span> has been trading digital goods related to gaming since past two decades. This, in turn, is proliferating the <span>cryptocurrency<\/span> market growth in the region.<\/p>\n<p><b>List of Companies<\/b><\/p>\n<ul class=\"caas-list caas-list-bullet\">\n<li>\n<p>Bitmain Technologies Ltd.<\/p>\n<\/li>\n<li>\n<p>NVIDIA Corporation<\/p>\n<\/li>\n<li>\n<p>Advanced Micro Devices, Inc.<\/p>\n<\/li>\n<li>\n<p>Xilinx Inc.<\/p>\n<\/li>\n<li>\n<p>Bitfury Group Limited<\/p>\n<\/li>\n<li>\n<p>Intel Corporation<\/p>\n<\/li>\n<li>\n<p>Ripple<\/p>\n<\/li>\n<li>\n<p><span>Ethereum<\/span> Foundation<\/p>\n<\/li>\n<li>\n<p>Coinbase<\/p>\n<\/li>\n<li>\n<p>BitGo<\/p>\n<\/li>\n<li>\n<p>Binance<\/p>\n<\/li>\n<li>\n<p>Canaan Creative Co., Ltd<\/p>\n<\/li>\n<li>\n<p>Zhejiang Ebang Communication Co. Ltd.<\/p>\n<\/li>\n<\/ul>\n<p><b>Key Industry Developments:<\/b><\/p>\n<ul class=\"caas-list caas-list-bullet\">\n<li>\n<p>In <span class=\"xn-chron\">May 2020<\/span>, Ripple, the US blockchain firm behind the XRP <span>cryptocurrency<\/span> announced partnership agreement with Kuwait Financial House to provide cross-border instant payment. Further, in 2021, the company started operating an instant cross-border remittance service through Ripple&#8217;s blockchain.<\/p>\n<\/li>\n<li>\n<p>In <span class=\"xn-chron\">February 2020<\/span>, Bitmain has announced the launch of two upcoming miners Antiminer S19 and Antiminer S19 Pro, which will boast a hash rate of 95 terahashes per second and the pro model will offer 110 terahashes per second.<\/p>\n<\/li>\n<\/ul>\n<p><b>Market Segmentation<\/b><br \/><b>Component <\/b><\/p>\n<ul class=\"caas-list caas-list-bullet\">\n<li>\n<p>Hardware<\/p>\n<\/li>\n<li>\n<p>Asic<\/p>\n<\/li>\n<li>\n<p>Gpu<\/p>\n<\/li>\n<li>\n<p>FPGA<\/p>\n<\/li>\n<li>\n<p>Wallet<\/p>\n<\/li>\n<li>\n<p>Software<\/p>\n<\/li>\n<li>\n<p>Mining Platform<\/p>\n<\/li>\n<li>\n<p>Coin Wallet<\/p>\n<\/li>\n<li>\n<p>Exchange<\/p>\n<\/li>\n<\/ul>\n<p><b>Applications <\/b><\/p>\n<p><b>\u00a0Type <\/b><\/p>\n<ul class=\"caas-list caas-list-bullet\">\n<li>\n<p><span>Bitcoin<\/span><\/p>\n<\/li>\n<li>\n<p><span>Ethereum<\/span><\/p>\n<\/li>\n<li>\n<p><span>Bitcoin<\/span> Cash<\/p>\n<\/li>\n<li>\n<p>Ripple<\/p>\n<\/li>\n<li>\n<p>Dashcoin<\/p>\n<\/li>\n<li>\n<p><span>Litecoin<\/span><\/p>\n<\/li>\n<li>\n<p>Others<\/p>\n<\/li>\n<\/ul>\n<p><b>Key Topics Covered:<\/b> <\/p>\n<p><b>1. Preface<\/b><\/p>\n<p><b>2. Executive Summary<\/b><\/p>\n<p><b>3. <span>Cryptocurrency<\/span> Market: Competitive Analysis<\/b><\/p>\n<p><b>4. <span>Cryptocurrency<\/span> Market: Macro Analysis &amp; Market Dynamics<\/b><\/p>\n<p><b>5. <span>Cryptocurrency<\/span> Market: By Component , 2020-2030, USD (Million)<\/b><\/p>\n<p><b>6. <span>Cryptocurrency<\/span> Market: By Applications , 2020-2030, USD (Million)<\/b><\/p>\n<p><b>7. <span>Cryptocurrency<\/span> Market: By Type , 2020-2030, USD (Million)<\/b><\/p>\n<p><b>8. <span class=\"xn-location\">North America<\/span> <span>Cryptocurrency<\/span> Market, 2020-2030, USD (Million)<\/b><\/p>\n<p><b>9. UK and European Union <span>Cryptocurrency<\/span> Market, 2020-2030, USD (Million)<\/b><\/p>\n<p><b>10. <span class=\"xn-location\">Asia Pacific<\/span> <span>Cryptocurrency<\/span> Market, 2020-2030, USD (Million)<\/b><\/p>\n<p><b>11. <span class=\"xn-location\">Latin America<\/span> <span>Cryptocurrency<\/span> Market, 2020-2030, USD (Million)<\/b><\/p>\n<p><b>12. <span class=\"xn-location\">Middle East<\/span> and <span class=\"xn-location\">Africa<\/span> <span>Cryptocurrency<\/span> Market, 2020-2030, USD (Million)<\/b><\/p>\n<p><b>13. Company Profile<\/b><\/p>\n<p>For more information about this report visit <a target=\"_blank\" href=\"https:\/\/www.researchandmarkets.com\/reports\/5713535\/cryptocurrency-market-size-market-share?utm_source=CI&amp;utm_medium=PressRelease&amp;utm_code=xwq6nz&amp;utm_campaign=1804863+-+Cryptocurrency+Global+Market+Report+2022%3a+Featuring+Bitmain+Technologies%2c+NVIDIA%2c+Ethereum+Foundation%2c+Intel%2c+Ripple+%26+More&amp;utm_exec=como322prd\" rel=\"nofollow noopener\" data-ylk=\"slk:https:\/\/www.researchandmarkets.com\/r\/lgmoz7\" class=\"link \">https:\/\/www.researchandmarkets.com\/r\/lgmoz7<\/a><\/p>\n<p><b>About ResearchAndMarkets.com<\/b><br \/>ResearchAndMarkets.com is the world&#8217;s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.<\/p>\n<p><b>Media Contact:<\/b><\/p>\n<p>Research and Markets\u00a0<br \/><span class=\"xn-person\">Laura Wood<\/span>, Senior Manager\u00a0<br \/><a target=\"_blank\" href=\"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/mailto:press@researchandmarkets.com\" rel=\"nofollow noopener\" data-ylk=\"slk:press@researchandmarkets.com\" class=\"link \">press@researchandmarkets.com<\/a> <\/p>\n<p>For E.S.T Office Hours Call +1-917-300-0470\u00a0<br \/>For U.S.\/CAN Toll Free Call +1-800-526-8630\u00a0<br \/>For GMT Office Hours Call +353-1-416-8900<\/p>\n<p>U.S. Fax: 646-607-1907\u00a0<br \/>Fax (outside U.S.): +353-1-481-1716<\/p>\n<p>Logo: <a target=\"_blank\" href=\"http:\/\/mma.prnewswire.com\/media\/539438\/Research_and_Markets_Logo.jpg\" rel=\"nofollow noopener\" data-ylk=\"slk:http:\/\/mma.prnewswire.com\/media\/539438\/Research_and_Markets_Logo.jpg\" class=\"link \">http:\/\/mma.prnewswire.com\/media\/539438\/Research_and_Markets_Logo.jpg<\/a><\/p>\n<figure class=\"caas-figure\">\n<div class=\"caas-img-container caas-img-loader\" style=\"height:16px;width:100%\"><img loading=\"lazy\" decoding=\"async\" class=\"caas-img caas-lazy has-preview has-width\" alt=\"Cision\" src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/iePBeqWlNFvwbt30WmohAw--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTM2O2g9MzY-\/https:\/\/media.zenfs.com\/en\/prnewswire.com\/a64d72c7c0e0c2e84d331dc60eb361f3\" height=\"16\" width=\"16\" \/><img loading=\"lazy\" decoding=\"async\" alt=\"Cision\" src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/iePBeqWlNFvwbt30WmohAw--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTM2O2g9MzY-\/https:\/\/media.zenfs.com\/en\/prnewswire.com\/a64d72c7c0e0c2e84d331dc60eb361f3\" height=\"16\" width=\"16\" class=\"caas-img has-width\" \/><\/div>\n<p><figcaption class=\"caption-collapse\">Cision<\/figcaption><\/p>\n<\/figure>\n<p>View original content:<a target=\"_blank\" href=\"https:\/\/www.prnewswire.com\/news-releases\/cryptocurrency-global-market-report-2022-featuring-bitmain-technologies-nvidia-ethereum-foundation-intel-ripple--more-301721261.html\" rel=\"nofollow noopener\" data-ylk=\"slk:https:\/\/www.prnewswire.com\/news-releases\/cryptocurrency-global-market-report-2022-featuring-bitmain-technologies-nvidia-ethereum-foundation-intel-ripple--more-301721261.html\" class=\"link \">https:\/\/www.prnewswire.com\/news-releases\/cryptocurrency-global-market-report-2022-featuring-bitmain-technologies-nvidia-ethereum-foundation-intel-ripple&#8211;more-301721261.html<\/a><\/p>\n<p>SOURCE Research and Markets<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMiVmh0dHBzOi8vZmluYW5jZS55YWhvby5jb20vbmV3cy9jcnlwdG9jdXJyZW5jeS1nbG9iYWwtbWFya2V0LXJlcG9ydC0yMDIyLTExMzAwMDkwOC5odG1s0gEA?oc=5\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>DUBLIN, Jan. 16, 2023 \/PRNewswire\/ &#8212;\u00a0The &#8220;Cryptocurrency Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 to 2030&#8243; report has been added to \u00a0ResearchAndMarkets.com&#8217;s offering. Research and Markets Logo The global cryptocurrency market accounted for US$ 2,040.5 million in 2020 and is anticipated to grow at a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":35427,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[45],"tags":[13396,158,5490,168,4728,5749,265,284],"class_list":["post-41404","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-bitmain","tag-ethereum","tag-featuring","tag-foundation","tag-intel","tag-nvidia","tag-ripple","tag-technologies"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/11\/e75ef6f3096d7cb6f5dd43ba82eca2fe.jpeg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/41404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41404"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/41404\/revisions"}],"predecessor-version":[{"id":41405,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/41404\/revisions\/41405"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/35427"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41404"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}