global cryptocurrency market is estimated at US$ 5.8 billion in 2022

WILMINGTON, Del. - Nov. 22, 2023 - PRLog -- Competition Analysis and Market Structure

These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the global cryptocurrency market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players.  Some of the key developments in the global cryptocurrency market include,

• In June 2023, Cryptocurrency exchange Kraken announced that it had acquired cryptocurrency derivatives exchange Crypto Facilities for US$ 160 million.
• In June 2023 Cryptocurrency exchange Binance announced that it had launched a new product called Binance Pay, which allows users to make payments with cryptocurrencies

RationalStat has segmented the global cryptocurrency market based on type, product type, end use and region

• Global Cryptocurrency Market Value (US$ Million), and Market Share (2023-2028) Analysis by Type

o   Hardware

§  ASIC (Application-Specific Integrated Circuit)

§  GPU (Graphical Programming Units)

§  FGPAs (Field-Programmable Gate Arrays)

o   Software

§  Payments

§  Wallets

§  Exchanges

§  Mining

• Global Cryptocurrency Market Value (US$ Million), and Market Share (2023-2028) Analysis by Product Type

o   Altcoins

§  Ethereum (ETH)

§  Litecoin (LTC)

§  Bitcoin (BCH)

§  Dogecoin (DOGE)

§  Monero (XMR)

§  Dash (DASH)

§  Others (Ripple, Ether Classic)

o   Tokens

§  IOTA (MIOTA)

§  EOS (EOS)

§  Exchange Union (XUC)

§  Veritaseum (VERI)

§  Ontology (ONT)

• Global Cryptocurrency Market Value (US$ Million), and Market Share (2023-2028) Analysis by End Use

o   Trading

o   E-commerce & Retail

o   Peer-to-Peer Payment

o   Banking

o   Remittance

• Global Cryptocurrency Market Value (US$ Million), and Market Share (2023-2028) Analysis by Region

o   North America

§  US

§  Canada

o   Latin America

§  Brazil

§  Mexico

§  Rest of Latin America

o   Western Europe

§  Germany

§  UK

§  France

§  Spain

§  Italy

§  Benelux

§  Nordic

§  Rest of Western Europe

o   Eastern Europe

§  Russia

§  Poland

§  Rest of Eastern Europe

o   Asia Pacific

§  China

§  Japan

§  India

§  South Korea

§  Australia

§  ASEAN (Indonesia, Vietnam, Malaysia, etc.)

§  Rest of Asia Pacific

o   Middle East & Africa

§  GCC

§  South Africa

§  Turkey

§  Rest of the Middle East & Africa

• Leading Companies and Market Players

o   Bitmain Technologies Ltd

o   Intel Corporation

o   Ripple Labs, Inc.

o   BitGo Inc.

o   Coinbase

o   CoinDesk.com

o   Ethereum Foundation

o   Bitfury Group Limited

o   Nvidia Corporation

For more information about this report- https://store.rationalstat.com/store/global-cryptocurrency-market/#tab-ux_global_tab