Crypto

Cryptocurrency Exchange Platform Market May See a Big Move | BlockFi, Coinmama, eToro, Coinbase

Published

2 hours ago

July 22, 2024

Cryptocurrency Exchange Platform Market

Archive Market Research published a new research publication on “Cryptocurrency Exchange Platform Market Insights, to 2032” with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Cryptocurrency Exchange Platform market was mainly driven by the increasing R&D spending across the world.

Some of the key players profiled in the study are:

BlockFi International Ltd., Coinmama, eToro, Coinbase, Binance, Kraken, Bitstamp, Coincheck, Inc. FTX Trading Ltd., AirSwap.

Get Free Exclusive PDF Sample Copy of This Research @ https://www.archivemarketresearch.com/report/cryptocurrency-exchange-platform-market-6020/sample-report?utm_source=OpenPR&utm_medium=Suraj

Scope of the Report of Cryptocurrency Exchange Platform

The Cryptocurrency Exchange Platform Market size was valued at USD 37.07 billion in 2023 and is projected to reach USD 206.41 billion by 2032, exhibiting a CAGR of 27.8 % during the forecasts period. A Cryptocurrency Exchange Platform is a digital marketplace where users can buy, sell, and trade cryptocurrencies like Bitcoin, Ethereum, and Tether. These platforms function similarly to traditional stock exchanges, providing a space for participants to engage in the trading of digital assets. Users can access these services through various interfaces, such as mobile apps or desktop applications, which often resemble electronic brokerages. Cryptocurrency exchanges offer a range of trading and investing tools, including margin trading, lending, and futures and options trading. They facilitate price discovery through trading activity and may also provide storage for cryptocurrencies.

The titled segments and sub-section of the market are illuminated below:

End-use: Commercial, Personal, Cryptocurrency Type: Bitcoin, Ethereum, Region: EU, APAC, North America

Market Drivers:

Increasing number of cryptocurrency exchanges

Government initiatives to promote cryptocurrency use

Market Trends:

Increasing adoption of cryptocurrencies

Technological advancements in blockchain technology

Restrains:

Volatility of cryptocurrency prices

Lack of understanding of cryptocurrencies

What can be explored with the Cryptocurrency Exchange Platform Market Study?

• Gain Market Understanding

• Identify Growth Opportunities

• Analyse and Measure the Global Cryptocurrency Exchange Platform Market by Identifying Investment across various Industry Verticals

• Understand the Trends that will drive Future Changes in Cryptocurrency Exchange Platform

• Understand the Competitive Scenarios

– Track Right Markets

– Identify the Right Verticals

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

Have Any Questions Regarding Global Cryptocurrency Exchange Platform Market Report, Ask Our Experts@ https://www.archivemarketresearch.com/report/cryptocurrency-exchange-platform-market-6020/enquiry-before-buy?utm_source=OpenPR&utm_medium=Suraj

Strategic Points Covered in Table of Content of Global Cryptocurrency Exchange Platform Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Cryptocurrency Exchange Platform market

Chapter 2: Exclusive Summary – the basic information of the Cryptocurrency Exchange Platform Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Cryptocurrency Exchange Platform

Chapter 4: Presenting the Cryptocurrency Exchange Platform Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying the by Type, End User and Region/Country 2019-2023

Chapter 6: Evaluating the leading manufacturers of the Cryptocurrency Exchange Platform market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2024-2032)

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

finally, Cryptocurrency Exchange Platform Market is a valuable source of guidance for individuals and companies.

Get Up to 30% Discount on This Premium Report: @ https://www.archivemarketresearch.com/report/cryptocurrency-exchange-platform-market-6020/request-discount?utm_source=OpenPR&utm_medium=Suraj

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.

Contact US:

Craig Francis (PR & Marketing Manager)

Archive Market Research

Unit No. 429, Parsonage Road Edison, NJ

New Jersey USA – 08837

Phone: (+1 201 565 3262, +44 161 818 8166)

sales@advancemarketanalytics.com

About Author:

Archive Market Research is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies’ revenues.

Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.

This release was published on openPR.

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Crypto

Trump-Themed MAGA Coin Plunges 8% As Joe Biden Quits Presidential Race

Published

9 hours ago

July 22, 2024

Press Room

Trump-Themed MAGA Coin Plunges 8% As Joe Biden Quits Presidential Race

The U.S. political landscape saw tectonic shifts as incumbent Joe Biden dropped out of the 2024 presidential contest against his arch-rival Donald Trump.

What Happened: This major development injected fresh volatility in coins themed on former President Trump, who is viewed as a pro-cryptocurrency candidate by some.

Maga Coin, rooted in Trump’s “Make America Great Again” movement, plunged 8% in the last 24 hours. The Ethereum ETH-based token’s trading volume soared 140% to $19 million in the last 24 hours, signaling frantic sell-offs.

Cryptocurrency	Gains +/-	Price (Recorded at 11:00 p.m. EDT)
Donald Trump TRUMP/USD	+53.12%	$0.00823
MAGA TRUMP/USD	-8.04%	$6.95

The negative reaction could have to do with Biden’s departure. Cryptocurrency bettors have been betting against Biden for quite some time, and even before the formal announcement, the odds of him pulling out of the race were surging on Polymarket.

On the other hand, a Solana SOL/USD-based memecoin, Donald Trump, jumped 53% in the last 24 hours, with volumes swelling up by 265%.

See Also: Analyst Predicts Bitcoin To Soar By 83%, But There’s One Major Catch: ‘We’re Going To Get That Continuation As Long As …’

Why It Matters: Trump-themed coins have rallied sharply this year, bolstered by his support for the cryptocurrency industry in the U.S.

His positive campaigning has helped garner support among proponents of the asset class, whether it be through his guarantees that the U.S. will become a crypto-friendly travel destination, his positioning as a “crypto president,” or his acceptance of political donations in cryptocurrencies.

The odds of Trump winning the elections were still overwhelmingly high at 65% on Polymarket, indicating the cryptocurrency market’s bullish bias.

Read Next:

Market News and Data brought to you by Benzinga APIs

Crypto

Biden pulls out of presidential race, endorses Kamala Harris (Cryptocurrency:BTC-USD)

Published

17 hours ago

July 21, 2024

Press Room

Biden pulls out of presidential race, endorses Kamala Harris (Cryptocurrency:BTC-USD)

Massimo Giachetti

Update 4:05 PM ET: Adds details, comments

U.S. President Joe Biden said on Sunday he’s stepping down from the presidential race, ending his reelection campaign after he lost the support of senior Democrats amid concerns over his ability to beat Donald Trump.

In a post on X, Biden wrote that he will continue in his role as the president until his term ends in January 2025 and will address the country later this week.

Biden endorsed his vice president Kamala Harris to be the nominee of the Democratic Party this year.

“It has been the greatest honor of my life to serve as your President. And while it has been my intention to seek reelection, I believe it is in the best interest of my party and the country for me to stand down and to focus solely on fulfilling my duties as President for the remainder of my term,” Biden wrote.

Harris would become the first Black woman to become a major party nominee. But she will have limited time, barely three months, to campaign and unite the Democratic Party.

In a phone call with CNN, Trump said he believes Harris will be easier to defeat than Biden would have been, CNN anchor Kaitlan Collins wrote on X.

The decision comes after weeks of calls for Biden to pull out from the race.

Biden, who tested positive for COVID-19 only four days ago, had previously repeatedly rejected calls for him to drop out of the race.

Biden’s decision caught many White House staff unaware, as the president had planned to stay in the 2024 race as of Saturday night, Reuters reported Sunday, citing a source familiar with the matter.

“Last night the message was proceed with everything, full speed ahead,” the source told Reuters. “At around 1:45 p.m. today: the president told his senior team that he had changed his mind.”

House Speaker Mike Johnson wrote on X that if Biden is unfit to run, “he is not fit to serve as President. He must resign the office immediately.”

Former President Bill Clinton and former Secretary of State Hillary Clinton thanked Biden for his accomplishments and endorsed Harris. In a joint statement on X, they said they “will do whatever we can to support her.”

Former House Speaker Nancy Pelosi and former President Barack Obama also released statements expressing their gratitude to Biden, but their statements did not contain an endorsement for Harris.

Investors will be watching market reaction when Tokyo opens at 8 p.m ET. Bitcoin (BTC-USD) -1.6%, which is open continuously, sank before the Biden announcement and extended losses once the move was official.

Dear readers: We recognize that politics often intersects with the financial news of the day, so we invite you to click here to join the separate political discussion.

Crypto

Khamzat Chimaev Opens Up About Cryptocurrency Scandal

Published

24 hours ago

July 21, 2024

Press Room

Khamzat Chimaev Opens Up About Cryptocurrency Scandal

Khamzat Chimaev, a rising star in the UFC, recently found himself embroiled in a controversy unrelated to his prowess in the octagon. A cryptocurrency scandal has cast a shadow over his career, sparking speculations and questions from fans and media alike. In a candid interview, Chimaev shares his perspective on the incident and explains what transpired.

The controversy began when Chimaev participated in a promotional campaign for a cryptocurrency named SMASH, which turned out to be fraudulent. His endorsement led many followers and fans to invest in the currency, resulting in significant financial losses when the project collapsed. Chimaev quickly became a central figure in the scandal, facing accusations of deceiving his fans.

“I trusted the wrong people,” Chimaev admitted. “My management team assured me that this was a safe and reliable investment. I had no deep knowledge of cryptocurrencies and completely relied on their judgment.”

Chimaev acknowledged his mistake in not researching the cryptocurrency before endorsing it.

“I should have been more cautious and learned more about what I was supporting,” he said. “It was naive of me not to do my own research.”

He emphasized that he never intended to deceive his fans.

“I would never knowingly harm or deceive my followers. I am also a victim in this situation and have lost both money and trust.”

TRENDING:

Following the scandal, Chimaev has taken steps to rectify the situation. He has cooperated with authorities to track down those responsible for the fraudulent cryptocurrency and is working to recover the lost funds for his followers.

“We have managed to identify some of the culprits, and they have been forced to admit their fraud,” he revealed.

Chimaev has also made changes to his team, now working with new management whom he trusts more.

“I have learned a hard lesson about the importance of having the right people around me. I will be much more cautious in the future and ensure that I fully understand what I am endorsing.”

Despite the negative attention, Chimaev is determined to rebuild his reputation and return to the octagon with the same strength and determination as always.

“I am sorry for what happened and will do everything I can to make it right,” he said. “But this will not stop me. I am here to fight and to win, and that is exactly what I will do.”

This incident serves as a reminder of the potential pitfalls in the fast-moving world of cryptocurrency, even for those with good intentions. Chimaev’s experience highlights the importance of due diligence and the risks involved in endorsing financial products without thorough understanding.

This article was created based on information from MMAnytt.se.

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