List of Best Cryptocurrency Companies in the World by IMARC Group
SHERIDAN, WYOMING, UNITED STATES, October 20, 2021 /EINPresswire.com/ – According to the IMARC group’s analysis, the main cryptocurrency companies are increasingly focusing on the widespread integration of blockchain technology with cryptocurrencies, as this ensures a reduced risk of unwanted or fraudulent transactions while monitoring changes in real time during transactions. . Since this offers improved data security and transaction immutability, it creates a positive outlook for the market. cryptocurrency market size reached US $ 364.5 billion in 2020 and expects the market to grow at a CAGR of 60.8% during 2021-2026.
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The global market is primarily driven by the growing preference for virtual currencies and convenient financial services among the masses. The use of cryptocurrency offers increased adaptability, secure privacy, and minimal transaction fees from country to country, which gives a boost to the growth of the market. This is supported by the rapid digitization in many industries and the penetration of high speed internet connectivity globally. In addition, the legalization of the purchase, sale or trade of virtual currencies in many developed countries creates positive prospects for the market. Along with this, the continuous integration of blockchain technology with cryptocurrencies to monitor changes made in real time during transactions to reduce the risk of data manipulation and fraudulent or unwanted transactions acts as a major growth driver. . Other factors contributing to the growth of the market include the growing preference for contactless payments and the introduction of Bitcoin Cash and Lite.
Advanced Micro Devices Inc.
Bitfury Holding BV
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