It is now clear to the wide audience that cryptocurrency represents a valuable asset. Techies skeptic about the centralized banking sector were the first to get into cryptocurrency in the past decade.
Today, the set of people interested in cryptocurrency is extending to the mainstream public in various corners of the planet. Hereby, we’ve compiled 50 facts about cryptocurrency to help publishers improve their ad creatives. There’s also a bonus for those who’ll read this article to the end.
Bitcoin’s Value has Increased by 88,660% Over the Ten Years from October 2012 to October 2022
When the cryptocurrency was first launched on Coinbase, one token was worth $22. In almost ten years, bitcoin’s price jumped considerably (by 311,000% with a peak price of $68,543). As of October, the average bitcoin price dropped to $19,527, which totaled an 88,660% increase over the ten years.
There are 526 Global Spot Cryptocurrency Exchanges
Binance is not a single platform for cryptocurrency trading. According to CoinMarketCap, there are 526 spot cryptocurrency exchanges registered worldwide, where they trade digital currency daily.
Every Day, $35.7B-Worth Cryptocurrencies are Traded Worldwide
You may estimate the cryptocurrency market scale by its daily traded value. The average 24-hour traded value of the cryptocurrency is estimated at $35.7B. A peak daily traded value of $130B was captured in 2021.
Cryptocurrency Capitalization Value is Equivalent to the 20th-Rated World’s Major Economy
The global market cap of digital currency amounts to ~$994B. In comparison with the mature economies’ GDP, the amount of $0.94T is equivalent to the 20th world’s major economy.
All Bitcoins in the World are Worth $374B
At the beginning of 2021, the cryptocurrency market cap exceeded $1T for the first time in world history. According to the New York Times, to date, the international market capitalization of bitcoin equals ~$374B. That is, this is the sum you’ll require to redeem every single bitcoin there is.
There are 21,427 Circulating Cryptocurrencies
“Not by bitcoin alone” so to speak. All over the world, there are 21,427 cryptocurrencies in daily use. According to Statista, 25,000 various cryptocurrencies were registered to date but some of them appeared to be uncompetitive.
79% of the World’s Daily Traded Value is Accounted for by the Top Ten Cryptocurrencies
Thousands of cryptocurrencies are traded on various exchanges every day. But the total of 79% is accounted for by the top ten cryptocurrencies globally. Read more on the top ten cryptocurrencies at the end of the article!
The Global Crypto Mining Income is More Than $20B
Every year, an increasing number of cryptocurrencies are being launched via ICO — initial coin offerings. According to experts, the global income from cryptocurrency mining will keep on growing. To date, the total yearly income from mining is estimated at $20,180,061,869.
The Daily Traded Stablecoin Value is Estimated at $32.84B
The total stablecoin or token value (a cryptocurrency pegged to a stable asset like a fiat currency – US dollars or euros) traded in the course of 24 hours equals $32.84B.
More Than 400 Billion Cryptocurrency Transactions Per Day are Made by Users Globally
In 2020, they captured a record-breaking number of 700 billion cryptocurrency transactions per day. Over a couple of years, this number has somewhat dropped. However, user activity is still high and may exceed 400 billion crypto transactions in 24 hours.
Incidents of Cryptocurrency Theft Increased by 160%
According to experts, since 2019, incidents of cryptocurrency theft have increased by 160%. Fun fact: scammers now steal less by value but the cases of hacking wallets containing small amounts of money have increased significantly. Fortunately, 80% of the total stolen digital assets were successfully refunded. It bears reminding that in 2020, more than $281M was stolen during the KuCoin hacker attack.
More Than 70 Million People Worldwide Use the Cryptocurrency Every Day
It is worth noting that 16% of them (about 53 million people) are residents of the United States. Owning a crypto wallet is very popular there. Want more fun facts? One in five cryptocurrency users is a resident (or emigrated from) Nigeria, Vietnam, or the Philippines!
Every Two Seconds, They Post Something About the Cryptocurrency on Social Media
Why focus on content? Because the competition is huge (snooze and you lose). According to experts, Twitter or Facebook users post something related to cryptocurrency every two seconds!
Below, there are more cryptocurrency-related fun facts and numbers for your creatives.
- Cryptocurrency adoption among male USA residents is higher by only 7% (78%)! Note that 71% of female USA residents are also interested in cryptocurrency.
- 67% of millennials (Generation Y – people born from 1981 to 1996) consider cryptocurrencies a safer asset compared to gold.
- The cryptocurrency is risk-free! Despite the increasing number of cybercrimes related to cryptocurrency, fraudulent transactions take up only 1.1% of global cryptocurrency transactions.
As promised, here’s a bonus content: the current list of the world’s top cryptocurrencies (as of Fall 2022).
- Bitcoin (BTC)
- Ethereum (ETH)
- Tether (stablecoin)
- USDCoin (USDC)
- Binance (BNB)
- Ripple (XRP)
- Binance USD (BUSD)
- Cardano (ADA)
- Solana (SOL)
- Dogecoin (DOGE)
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