ICOs, otherwise known as initial coin offerings, are the beginnings of new cryptocurrencies. There were more than 2,300 new cryptocurrencies launched in 2020. 18,000 businesses are already accepting cryptocurrency payments. Bitcoin had a market capitalization of $1,072.21 billion as of Febuary 21st, 2021. Source: India has more cryptocurrency holders than any other country - more than 100 million. The global blockchain market will reach $23.3 billion by 2023. Bitcoin is posted about on social media every 3 seconds. There are more than 6,000 different types of cryptocurrency. Source: The Economic Times The top 10 cryptocurrencies make up 88% of the total market value.
$22 invested in Bitcoin in 2012 would be $1 million today.
Source: 65% of cryptocurrency users are bitcoin owners. Approximately $112 billion is traded in cryptocurrency per day. If you wanted to own every Bitcoin in existence, you would need hundreds of millions of dollars. Bitcoin alone has a market cap of about $600 million, which once reached over $1 trillion. Different legislation is involved in different areas. There have been efforts made by different countries to have capital gains taxes on crypto. It's difficult to calculate how crypto stands up to global economics because it is specifically designed not to be a traditional country's currency. This makes it the eighth largest economy in the world, if you're calculating based on gross domestic product. The global crypto market cap is $2.17 trillion as of December 17th, 2021. That's how people have become billionaires through Bitcoin! 300+ million people around the world use/own cryptocurrencies in 2021. When it first launched, a $22 investment would now be $1 million today. Between 20, the price of Bitcoin has increased by over 540,000%.īitcoin was the first cryptocurrency on the market.
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