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
Some of the prominent players that contribute significantly to the cryptocurrency market growth include Bitmain Technologies Ltd, Intel Corporation, Ripple Labs, Inc., BitGo Inc., Coinbase, CoinDesk.com, Ethereum Foundation, Bitfury Group Limited, Nvidia Corporation among others.
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