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Cryptocurrency Transaction Market Challenges, Drivers, Analysis, Industry Share and Forecast 2029 | 165 Pages Report

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Cryptocurrency Transaction Market Challenges, Drivers, Analysis, Industry Share and Forecast 2029 | 165 Pages Report

Cryptocurrency Transaction Market studied by MarketsandResearch.biz focuses on thoughtful insights and facts relating to the industry. The research document will help clients to comprehend the market ups-down, different drivers, share, investigation, size, application, supply, and numerous different aspects. The report presents information about the market’s top major key player, investment plans, historical data, and 2029 forecasts. The report throws light on the market’s historical data, key vendors, region-wise market, and projections for 2023 to 2029 time-period. Report authors have categorized global Cryptocurrency Transaction market segments, regions, and product types and distribution channels to provide market analysis and information.

[PDF Brochure] Request for Sample Report: https://www.marketsandresearch.biz/sample-request/346427

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The report offers a comprehensive study of prime players operating in this global Cryptocurrency Transaction market combining their amount of production, future demand, and also the health of the organization. In addition, the report highlights all the recent developments, product launches, joint ventures, merges, and accusations by the top players. The report discusses key drivers, market challenges, cost structure, barriers, technology, regions, and applications. Data type assessed concerning various regions includes capacity, production, market share, price, revenue, cost, gross, gross margin, growth rate, consumption, import, export, etc.

Top key players involved in the industry are:

  • Binance
  • Coinbase Exchange
  • Kraken
  • Luno
  • Crypto.com
  • FTX
  • Exmo
  • Kucoin
  • Poloniex
  • Gemini
  • Gate.io
  • Bithumb
  • Huobi Global
  • Tokocrypto
  • BitMart
  • WazirX
  • eToroX
  • Upbit
  • CoinDCX
  • ZebPay

Segmentation by type and analysis of the market:

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  • Media and Entertainment
  • E-Commerce and Retail
  • Others

Segmentation by application and analysis of the market:

  • Bitcoin
  • Ethereum
  • Tether
  • USD Coin
  • Binance Coin
  • Others

The report offers an exhaustive geographical analysis of the global market, covering important regions such as:

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  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
  • South America (Brazil, Argentina, Colombia, and Rest of South America)
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

View the Complete Report including the Most Newest Data, Tables, and Chart: https://www.marketsandresearch.biz/report/346427/global-cryptocurrency-transaction-market-2023-by-company-regions-type-and-application-forecast-to-2029

The Market Research Serves Following Information:

Market Introduction: The report comprises information about the production volume, market share, and growth trend followed by each product type over the projected timeframe from 2023 to 2029.

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Breakdown Data: Here breakdown of the market is given as per product type, and end-use industry.

Regional Analysis: Assumptions regarding the production volume, the market share held accounted by each topography in the global Cryptocurrency Transaction industry market over the forecast period are made. The report further includes the regional market summary in terms of consumption value and volume, along with the price trends and profit margins to enable the stakeholders to make quick and informed decisions.

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Furthermore, critical information like chain structure, upstream and downstream buyers, market volume, and sales revenue are described. The next part of the report sheds light on type wise and application wise consumption tables and figures of Cryptocurrency Transaction market. The report delivers the value chain analysis together with the trader’s list and sheds light on the present confronts between consumers and suppliers.

Competitive Analysis:

Know your present market situation! The research study covers an important element for new and current products given the ever-changing market dynamics. The report assists you to discover who you really compete against in the marketplace, with market share analysis know the market position, market share and segmented revenue of Cryptocurrency Transaction market. The report also traces the key market players’ production, capacity, price, market share, cost, revenue, gross margin, consumption, growth rate, export, and import.

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Production Review: Generation of this global Cryptocurrency Transaction industry is tested about applications, types, and regions along with cost survey of competitors that are included.

Sales & Profit Evaluation: Gain, sales are analyzed for this market, including a number of key aspects.

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Development and Strength: In continuation using proceeds, this section studies utilization, and the global market. This area also focuses on export and market relevance data.

Rivals: Leading players have been reviewed based on a variety of products, their market company profile, quantity, cost, and revenues.

Inquiries and Explorations: Market analysis apart from business, the data, and supply, contact information from producers, customers, and suppliers can also be provided. Besides, the study includes outcomes of various analysis like SWOT analysis, PEST Analysis, PORTERS Analysis, etc.

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Get Exclusive Sample Pages of Cryptocurrency Transaction Market

Report customization:

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The needs of the client can be accommodated by customizing this report. To ensure that you receive a report that meets your needs, please contact our sales team at (sales@marketsandresearch.biz). You can also reach our executives at +1-201-465-4211 to discuss your research needs.

Contact Us
Mark Stone
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Phone: +1-201-465-4211
Email: sales@marketsandresearch.biz
Web: www.marketsandresearch.biz

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Crypto

Credissential Inc. Adopts Cryptocurrency Policy, Plans XRP and XLM Purchases – TipRanks.com

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Credissential Inc. Adopts Cryptocurrency Policy, Plans XRP and XLM Purchases – TipRanks.com

Stay Ahead of the Market:

An update from Axiom Capital Advisors, Inc. ( (TSE:WHIP) ) is now available.

Credissential Inc. announced a new Cryptocurrency Acquisition Policy aimed at enhancing shareholder value by purchasing digital assets like XRP and XLM. This move aligns with the company’s cryptocurrency initiatives and allows investors exposure to the growing digital asset market. The policy is also seen as a strategy to navigate inflationary pressures while diversifying the company’s treasury holdings, indicating a proactive approach to adapting to market trends and delivering long-term shareholder value.

More about Axiom Capital Advisors, Inc.

Credissential Inc. is a vertically integrated AI software development company focusing on advancing financial technology solutions. The company is committed to developing innovative products such as Antenna, a payment platform enhanced with AI and quantum encryption technologies, and DealerFlow, an AI-driven dealer management system designed to streamline operations and enhance efficiency.

YTD Price Performance: -6.45%

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Average Trading Volume: 298,973

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$6.17M

Find detailed analytics on WHIP stock on TipRanks’ Stock Analysis page.

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Why Is Bitcoin Price Going Up? BTC Prediction After Bullish Buy Signal

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Why Is Bitcoin Price Going Up? BTC Prediction After Bullish Buy Signal

Bitcoin’s
price (BTC) is making significant gains on Tuesday, January 14, 2025, adding
over $2,000 to its value. However, Monday saw the market shaken, with the price
briefly dropping to a two-month low below the critical $90,000 psychological
level.

In this
article, I review what triggered the sudden drop, why the Bitcoin price is
going up today, and how to interpret the bullish pin bar above the 50-day
exponential moving average—a potentially strong buy signal.

On Tuesday,
Bitcoin is trading above $97,000 on Binance, marking its highest value in a
week. The cryptocurrency is currently up 2.7%, with altcoins following suit.
Ethereum (ETH) has gained 4.9% over the past 24 hours, reaching
$3,200, while XRP, the third-largest cryptocurrency by market cap, has
risen 7% to $2.56.

As shown in
the chart below, Bitcoin’s price remains in a consolidation phase that has been
in place since November, with the lower boundary near $92,000 and the upper
limit at its previous high of $98,000.

Bitcoin price is currently inside a consolidation. Source: Tradingview.com

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However,
Monday painted a less optimistic picture as
Bitcoin briefly dipped to just $89,398, causing significant panic and
confusion among retail investors.

The
temporary panic was also evident in the derivatives market: within four days,
investors pulled $1.6 billion from cryptocurrency exchange-traded funds (ETFs),
marking one of the longest selling streaks in recent times.

Over the
past 24 hours, both bulls and bears have incurred losses. Approximately $500
million in leveraged positions were liquidated across the market, with nearly
equal distribution between long and short positions. Bitcoin accounted for over
20% of this activity, with $44 million liquidated from long positions and $72
million from shorts.

Source: Coinglass.com

Analysts
attribute the recent decline in Bitcoin and the broader cryptocurrency market
to two primary factors: so-called “Trump Trade” and monetary policy.

Advertisement

Why Bitcoin Fell? Fed
Policy and Market Uncertainty Shake BTC Price

The
cryptocurrency market’s downturn is primarily driven by shifting expectations
about Federal Reserve (Fed) interest rate policies. Strong economic indicators
have led investors to anticipate a longer period of higher interest rates. The
robust U.S. job market, with 256,000 new nonfarm payrolls and a 4.1%
unemployment rate, has particularly influenced this outlook.

According
to the CME’s FedWatch tool, the probability of a rate cut at the next meeting,
scheduled for January 29, is just 2.7%. The market is currently pricing in a
stronger likelihood (around 40%) of a cut to the 4.00–4.25% range in the second
half of the year. Earlier expectations were for a more aggressive path of rate
cuts, which was expected to fuel risk assets such as cryptocurrencies and
stocks.

The chances that the Fed will lower rates this month are almost zero. Source: CME

Moreover, the
initial euphoria surrounding Trump’s pro-crypto stance has given way to more
cautious market sentiment. While Trump’s upcoming presidency promised to make
the U.S. the “crypto capital of the world,” investors are now
focusing on immediate economic realities rather than future policy promises.

The
cryptocurrency decline isn’t occurring in isolation. The selloff in Treasury
markets has created a ripple effect across various asset classes, affecting
both crypto and traditional markets. This broader market reaction demonstrates
Bitcoin’s increasing correlation with conventional risk assets.

Advertisement

Will Bitcoin Keep Going
Up? BTC Price Prediction and Technical Analysis

The
candlestick I want to highlight in the technical analysis of Bitcoin ‘s price
chart may seem modest and even barely noticeable. However, in my view, it
carries significant strength and buying potential. This is a bullish pin bar
(or doji candle) with an almost invisible body and a very long lower wick,
indicating that bears were in control but had to concede to bulls by the
session’s close.

What
does the chart show?

  • The bullish
    pin bar tested the 50 EMA and two critical support levels: $92,000 and $90,000.
  • All three
    levels held, and the price responded with an immediate increase the following
    day.
  • This strong
    bullish signal confirmed the lower boundary of the consolidation range,
    signaling that buyers are likely to actively defend the green-marked support
    zone.

Bitcoin technical analysis: BTC price chart drew a bullish pin bar candle. Source: Tradingview.com

While
Bitcoin remains in consolidation, this reaction suggests, from a purely
technical standpoint, the potential for a move towards $103,000 (the 2025
highs) and ultimately $108,000, the all-time high (ATH) to date.

Bitcoin Price Key Support
and Resistance Levels

Support

Resistance

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$90,000 – psychological round
level

$100,000 – psychological round
level

$92,000 – local lows tested in
November, December and January

$103,000 – highs from 2025

50 EMA – currently at $94,482

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$108,000 – current ATH

Breaking
above the current all-time high is a necessary condition for considering
ambitious forecasts for 2025 and beyond. Some of these projections are
truly bold.

Bitcoin Price Prediction:
Will BTC Reach $1 Million?

Late last
year, I explored the question, “Will
Bitcoin hit $1 million?” According to Jeff Park, Head of Alpha
Strategies at Bitwise Asset Management, this could be possible if the U.S.
government were to adopt a Bitcoin reserve strategy. However, he currently
assigns only a 10% probability to this scenario.

Arthur
Hayes, the Founder of the cryptocurrency exchange BitMEX, has frequently
mentioned such ambitious levels as $1 million. Last week, he appeared as a guest on
Tom Bilyeu’s show, where he discussed the current state of the
cryptocurrency market during a nearly two-hour interview. Hayes suggested that
Bitcoin is gradually heading toward seven-figure valuations and could
potentially reach them within the next five years.

“Bitcoin
has already survived for 15 years. This makes investors start to believe that
it can last for decades to come.” – Hayes commented. “BTC will be here for
the next 15, 20, 100 years. I think it will be a store of value. I can use it
to pay for things I need, so I’m going to take 2%, 3%, 4%, 5%, 10% of my
retirement income or savings and start buying that asset now.”

Other
experts, including VanEck analysts, predict more down to earth numbers. Month
ago, they
forecasted that Bitcoin price could reach $180,000 in 2025.

Bitcoin Price, FAQ

Why Is the Price of
Bitcoin Going Up?

Bitcoin’s
price is rising due to a strong bullish pin bar forming above critical support
levels, signaling strong buying activity. Market sentiment improved as Bitcoin
rebounded from a two-month low of $89,398 to trade above $97,000. This movement
reflects consolidation within the $92,000–$98,000 range, supported by technical
indicators and broader market optimism.

Will Bitcoin Rise Again?

Bitcoin’s
price is expected to rise further based on technical analysis. If it breaks
through key resistance at $103,000, it could test the all-time high of
$108,000. Long-term projections remain optimistic, with some experts predicting
significant gains by 2025, assuming market conditions remain favorable.

Advertisement

Why Is Bitcoin So Valuable
Today?

Bitcoin’s
value stems from its status as a decentralized digital asset with limited
supply, serving as a hedge against inflation and a potential store of value.
Its increasing adoption, network security, and potential as a global reserve
asset contribute to its high valuation.

Why Did Bitcoin Fall
Recently?

Bitcoin’s
recent decline was driven by market reactions to expectations of prolonged
higher interest rates from the Federal Reserve. Strong U.S. economic data
reduced the likelihood of rate cuts, pressuring risk assets like
cryptocurrencies. Additionally, shifting sentiment around pro-crypto policies
under the upcoming U.S. administration added to market uncertainty.

How Much Will Bitcoin Cost
in 2025?

Bitcoin’s
2025 price predictions vary widely. Analysts forecast potential highs ranging
from $180,000 (VanEck) to over $1 million (Arthur Hayes), depending on adoption
trends, macroeconomic conditions, and regulatory developments. A more
conservative estimate places Bitcoin at $180,000, reflecting steady growth
without speculative excess.

Bitcoin’s
price (BTC) is making significant gains on Tuesday, January 14, 2025, adding
over $2,000 to its value. However, Monday saw the market shaken, with the price
briefly dropping to a two-month low below the critical $90,000 psychological
level.

In this
article, I review what triggered the sudden drop, why the Bitcoin price is
going up today, and how to interpret the bullish pin bar above the 50-day
exponential moving average—a potentially strong buy signal.

Advertisement

On Tuesday,
Bitcoin is trading above $97,000 on Binance, marking its highest value in a
week. The cryptocurrency is currently up 2.7%, with altcoins following suit.
Ethereum (ETH) has gained 4.9% over the past 24 hours, reaching
$3,200, while XRP, the third-largest cryptocurrency by market cap, has
risen 7% to $2.56.

As shown in
the chart below, Bitcoin’s price remains in a consolidation phase that has been
in place since November, with the lower boundary near $92,000 and the upper
limit at its previous high of $98,000.

Bitcoin price is currently inside a consolidation. Source: Tradingview.com

However,
Monday painted a less optimistic picture as
Bitcoin briefly dipped to just $89,398, causing significant panic and
confusion among retail investors.

The
temporary panic was also evident in the derivatives market: within four days,
investors pulled $1.6 billion from cryptocurrency exchange-traded funds (ETFs),
marking one of the longest selling streaks in recent times.

Advertisement

Over the
past 24 hours, both bulls and bears have incurred losses. Approximately $500
million in leveraged positions were liquidated across the market, with nearly
equal distribution between long and short positions. Bitcoin accounted for over
20% of this activity, with $44 million liquidated from long positions and $72
million from shorts.

Source: Coinglass.com

Analysts
attribute the recent decline in Bitcoin and the broader cryptocurrency market
to two primary factors: so-called “Trump Trade” and monetary policy.

Why Bitcoin Fell? Fed
Policy and Market Uncertainty Shake BTC Price

The
cryptocurrency market’s downturn is primarily driven by shifting expectations
about Federal Reserve (Fed) interest rate policies. Strong economic indicators
have led investors to anticipate a longer period of higher interest rates. The
robust U.S. job market, with 256,000 new nonfarm payrolls and a 4.1%
unemployment rate, has particularly influenced this outlook.

According
to the CME’s FedWatch tool, the probability of a rate cut at the next meeting,
scheduled for January 29, is just 2.7%. The market is currently pricing in a
stronger likelihood (around 40%) of a cut to the 4.00–4.25% range in the second
half of the year. Earlier expectations were for a more aggressive path of rate
cuts, which was expected to fuel risk assets such as cryptocurrencies and
stocks.

Advertisement

The chances that the Fed will lower rates this month are almost zero. Source: CME

Moreover, the
initial euphoria surrounding Trump’s pro-crypto stance has given way to more
cautious market sentiment. While Trump’s upcoming presidency promised to make
the U.S. the “crypto capital of the world,” investors are now
focusing on immediate economic realities rather than future policy promises.

The
cryptocurrency decline isn’t occurring in isolation. The selloff in Treasury
markets has created a ripple effect across various asset classes, affecting
both crypto and traditional markets. This broader market reaction demonstrates
Bitcoin’s increasing correlation with conventional risk assets.

Will Bitcoin Keep Going
Up? BTC Price Prediction and Technical Analysis

The
candlestick I want to highlight in the technical analysis of Bitcoin ‘s price
chart may seem modest and even barely noticeable. However, in my view, it
carries significant strength and buying potential. This is a bullish pin bar
(or doji candle) with an almost invisible body and a very long lower wick,
indicating that bears were in control but had to concede to bulls by the
session’s close.

What
does the chart show?

Advertisement
  • The bullish
    pin bar tested the 50 EMA and two critical support levels: $92,000 and $90,000.
  • All three
    levels held, and the price responded with an immediate increase the following
    day.
  • This strong
    bullish signal confirmed the lower boundary of the consolidation range,
    signaling that buyers are likely to actively defend the green-marked support
    zone.

Bitcoin technical analysis: BTC price chart drew a bullish pin bar candle. Source: Tradingview.com

While
Bitcoin remains in consolidation, this reaction suggests, from a purely
technical standpoint, the potential for a move towards $103,000 (the 2025
highs) and ultimately $108,000, the all-time high (ATH) to date.

Bitcoin Price Key Support
and Resistance Levels

Support

Resistance

$90,000 – psychological round
level

$100,000 – psychological round
level

Advertisement

$92,000 – local lows tested in
November, December and January

$103,000 – highs from 2025

50 EMA – currently at $94,482

$108,000 – current ATH

Breaking
above the current all-time high is a necessary condition for considering
ambitious forecasts for 2025 and beyond. Some of these projections are
truly bold.

Advertisement

Bitcoin Price Prediction:
Will BTC Reach $1 Million?

Late last
year, I explored the question, “Will
Bitcoin hit $1 million?” According to Jeff Park, Head of Alpha
Strategies at Bitwise Asset Management, this could be possible if the U.S.
government were to adopt a Bitcoin reserve strategy. However, he currently
assigns only a 10% probability to this scenario.

Arthur
Hayes, the Founder of the cryptocurrency exchange BitMEX, has frequently
mentioned such ambitious levels as $1 million. Last week, he appeared as a guest on
Tom Bilyeu’s show, where he discussed the current state of the
cryptocurrency market during a nearly two-hour interview. Hayes suggested that
Bitcoin is gradually heading toward seven-figure valuations and could
potentially reach them within the next five years.

“Bitcoin
has already survived for 15 years. This makes investors start to believe that
it can last for decades to come.” – Hayes commented. “BTC will be here for
the next 15, 20, 100 years. I think it will be a store of value. I can use it
to pay for things I need, so I’m going to take 2%, 3%, 4%, 5%, 10% of my
retirement income or savings and start buying that asset now.”

Other
experts, including VanEck analysts, predict more down to earth numbers. Month
ago, they
forecasted that Bitcoin price could reach $180,000 in 2025.

Advertisement

Bitcoin Price, FAQ

Why Is the Price of
Bitcoin Going Up?

Bitcoin’s
price is rising due to a strong bullish pin bar forming above critical support
levels, signaling strong buying activity. Market sentiment improved as Bitcoin
rebounded from a two-month low of $89,398 to trade above $97,000. This movement
reflects consolidation within the $92,000–$98,000 range, supported by technical
indicators and broader market optimism.

Will Bitcoin Rise Again?

Bitcoin’s
price is expected to rise further based on technical analysis. If it breaks
through key resistance at $103,000, it could test the all-time high of
$108,000. Long-term projections remain optimistic, with some experts predicting
significant gains by 2025, assuming market conditions remain favorable.

Why Is Bitcoin So Valuable
Today?

Bitcoin’s
value stems from its status as a decentralized digital asset with limited
supply, serving as a hedge against inflation and a potential store of value.
Its increasing adoption, network security, and potential as a global reserve
asset contribute to its high valuation.

Why Did Bitcoin Fall
Recently?

Bitcoin’s
recent decline was driven by market reactions to expectations of prolonged
higher interest rates from the Federal Reserve. Strong U.S. economic data
reduced the likelihood of rate cuts, pressuring risk assets like
cryptocurrencies. Additionally, shifting sentiment around pro-crypto policies
under the upcoming U.S. administration added to market uncertainty.

Advertisement

How Much Will Bitcoin Cost
in 2025?

Bitcoin’s
2025 price predictions vary widely. Analysts forecast potential highs ranging
from $180,000 (VanEck) to over $1 million (Arthur Hayes), depending on adoption
trends, macroeconomic conditions, and regulatory developments. A more
conservative estimate places Bitcoin at $180,000, reflecting steady growth
without speculative excess.

Continue Reading

Crypto

Crypto Market Boredom: Bitcoin & Altcoins See Volume Crash

Published

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Crypto Market Boredom: Bitcoin & Altcoins See Volume Crash

On-chain data shows the cryptocurrency traders have hit the snooze button as Bitcoin and other assets have witnessed a plunge in volume.

Bitcoin & Altcoins Have Seen A Trading Volume Crash Recently

According to data from the on-chain analytics firm Santiment, trading volume has seen a slowdown in the cryptocurrency sector during the past week.

The “trading volume” here refers to an indicator that keeps track of the total amount of a given asset that’s becoming involved in trading activities on the major exchanges. When the value of this metric goes up, it means the investors are participating in a higher amount of activity related to the coin. Such a trend implies interest in the asset is on the rise.

On the other hand, the indicator observing a decline suggests the traders may be starting to put their attention elsewhere as they are taking part in a lower amount of activity.

Now, here is a chart that shows the trend in the combined Bitcoin trading volume for four different segments of the digital asset sector:

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The value of the metric appears to have gone through a decline for all of these groups | Source: Santiment on X

In the above graph, the four sides or segments of the cryptocurrency market displayed are: Memecoins Top 6, AI & Big Data Top 6, Layer 1 Top 6, and Layer 2 Top 6.

“Layer 1” assets refer to those that circulate on blockchains that handle their own security and aren’t built on top of another ecosystem. Bitcoin and Ethereum are the most prominent examples of coins of this type. The coins that aren’t on primary networks, like Polygon (MATIC) and Arbitrum (ARB), are termed Layer 2.

From the chart, it’s apparent that the six largest coins for both of these categories have seen a sharp decline in their trading volume recently. Segments like meme-based tokens and AI-related coins have also noted cooldowns of their own at the same time.

Back in November and the first half of December, the volume was high across the market as traders made a large number of moves during the Bitcoin bull run hype. It would appear, though, that the recent bearish shift has damaged the investor morale.

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After the latest continuation of the decline in the indicator, trading activity in the market has slumped to the lowest level since the 4th of November, a day before the presidential elections in the US.

Generally, the market tends to see volatility when a large number of traders are participating in trading activity, as it’s their trades that fuel price moves. Since the trading volume has slumped across the cryptocurrency sector recently, it’s possible that Bitcoin and others might see a state of calm in the near future.

The low activity may even be considered a sign that there is FUD in the market, which is something that has facilitated bottoms in the past.

BTC Price

At the time of writing, Bitcoin is trading at around $90,700, down almost 8% in the last week.

Bitcoin Price Chart

Looks like the price of the coin has been going down over the past day | Source: BTCUSDT on TradingView

Featured image from Dall-E, Santiment.net, chart from TradingView.com

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