A decade ago, only tech-savvy, privacy-focused people with strong disbelief of centralized banking systems experimented in digital currencies. Now, you can trade them on apps like Binance, Coinbase, Robinhood, or other crypto trading apps. In this guide, you will learn:
Cryptocurrency Growth Statistics Cryptocurrency History Cryptocurrency Statistics by Country Cryptocurrency Market Statistics Cryptocurrency Mining Statistics Cryptocurrency Security Statistics Crypto Crime Statistics Cryptocurrency Users Statistics Popular Cryptocurrencies Statistics
Cryptocurrency Growth Statistics
Here are general statistics of Cryptocurrency Growth.
There are 30,000 social media posts on Bitcoin posted online daily which is, about 1500 posts are made every hour, about 30 posts per minute.
The total cryptocurrency market cap is $2.79 trillion, equivalent to the 8th largest economy globally.
There are 730 global cryptocurrency spot exchanges globally.
Tether will become one of the biggest Crypto assets as of February 2022, with a $109 billion volume.
New York’s Attorney General, who was an earlier critic, now argued that the USD dollar didn’t 100% back the crypto coin, so it might not remain that stable as it claims.
Ethereum will get about 10 million daily bitcoin transactions by 2025.
Ethereum, Bitcoin’s top competitor, had the highest number of crypto transactions per day during Q3 of 2021.
Per day Bitcoin transactions show that it only got around 660K, almost four times lower than Ethereum.
As of January 2022, ETH remains at the top with 2.4 million bitcoin transactions, and Bitcoin managed to do at least 500K.
There will be 14 million new crypto-malware by March 2030.
The total value of the global cryptocurrency market in 2020 was approximately $1000 million. This crypto market is expected to grow at a CAGR of 30%, reaching about $5,190.62 million by 2026.
Moderate estimates placed the global cryptocurrency market size at $1500 million in 2020. It is likely to grow to $1,758 million by 2027, at a CAGR of 11.2%.
The value of the total cryptocurrency market is likely to increase by almost 1800% from March 2021 to February 2022.
The bitcoin blockchain technology market was likely to reach $50 billion by 2026.
60% of the total blockchain technology’s value lies in the financial sector.
Cryptocurrency History
Here is a glance into important Crypto Currency history statistics.
In 1983, David Chaum, an American cryptographer, created an anonymous cryptographic electronic currency known as “cash,” the first untraceable digital currency.
In 1996, the National Security Agency published a paper explaining the cryptocurrency system, named: “How to Make a Mint: The Cryptography of Anonymous Electronic Cash.”
In 2009, the world’s first Cryptocurrency was launched by “Bitcoin” by an anonymous creator, Satoshi Nakamoto.
In 2011, other known crypto currencies debuted, such as Litecoin, Swiftcoin, and Namecoin.
In 2011, Kraken, a crypto trading exchange, was founded.
In June 2012, one of the most renowned cryptocurrency exchanges, Coinbase, was founded.
In 2013, Dogecoin (DOGE) was launched to mock popular cryptocurrencies like Bitcoin and Litecoin.
In March 2018, the word cryptocurrency was included in the Merriam-Webster Dictionary.
Coinbase is the first major crypto exchange to go public. It was listed on Nasdaq.
Cryptocurrency Statistics by Country
UK cryptocurrency users had increased by 600% since 2018, when just 3% of the world’s population owned Cryptocurrency..
Nigeria has the biggest volume of Google search volume regarding “Cryptocurrency”.
The most popular coin in the USA is Bitcoin, accounting for 72% of cryptocurrency transactions.
79% of cryptocurrency owners in the UK have invested in Bitcoin.
Africa has the smallest crypto economy of any region, with $8B worth received and 8.1B sent on the blockchain.
Professional traders dominate the East Asia crypto market, with roughly 90% of all volume transferred (above $20,000 worth of Cryptocurrency).
Europe would like to see blockchain funding of $500 billion by 2030.
The Middle East only accounts for 15% of the global cryptocurrency market as of January 2022, with Turkey ranking #1 in transactions.
There will be 2000+ US corporate blockchain projects in the pipelines as of early 2025.
In January 2022, the G20 countries worldwide with the most recorded cryptocurrency exchanges were the UK (70 exchanges), Singapore (47 exchanges), the US (40 exchanges), and Hong Kong (27 exchanges).
Mexico(5 exchanges), Argentina (4 exchanges), Indonesia (3 exchanges), and Russia only (2 exchanges) recorded the fewest exchanges.
In 2013, G20 countries reported 85% of all cryptocurrency exchanges, but the volume of G20 transactions decreased to 30% in 2021.
Cryptocurrency Market Statistics
In Cryptocurrency, time is the essential factor as things can change rapidly because of the market’s high volatility. Here are some important cryptocurrency market statistics that you should know:
The global blockchain market will likely increase to $30 billion by 2025.
Investors will spend up to 40 billion in blockchain-related tech by 2026.
In 2020, the blockchain market was worth just $3.2 billion. In 2021, that figure will increase to $5 billion, and by next year, it is expected to increase by 7 million dollars.
80% of ICOs (Initial coin offerings) released in 2021 were scams to defraud people or raise funds for essential cryptocurrency projects.
The crypto market lost $150 billion in 2021.
In Q4 of 2021, the cryptocurrency market cap for Bitcoin was at $1100 billion.
In Q1 2022, it had grown by $500 billion, the highest since its inception.
There will be a CAGR of 5% between the period 2022 to 2027.
Forecasts show that by 2027, the digital currency’s global market size will be around $1200 million. That will be a compounded yearly growth of almost 5% for Bitcoin, Ethereum, Litecoin, Dogecoin, Ripple, etc.
Compared to 2021 data, the cryptocurrency growth will likely be 5000% by January 2030.
Cryptocurrency Mining Statistics
Bitcoin mining is not as easy as it was in the past and is now over-saturated with miners. As a result, it is expensive to mine crypto coins, and the expected reward is meager. Here is how mining crypto statistics changed significantly:
Bitcoin mining uses enough energy to power over 10m homes per year.
You will need to bear rig costs, whether buying or renting. You will also need to share the block with other pool miners, and their rates are from $2000 to $6000.
Miners are only getting 5 Bitcoin/block in 2021, which translates to about $30 000. The bitcoin block rewards had gone down last year from their peak in 2009.
As of January 2022, Ether’s blockchain reward is lower than it ever was at just $10 or 0.0085ETH/day. At one time, the crypto mining could give you 5 Ether and then reduce in 2017 to 3 ETH.
Bitcoin Network Participation for digital virtual currency is at a record 96%. According to data given by cryptocurrency statistics, the number of validators rises by 10% every week.
Annual electricity costs on Bitcoin mining are $4,466,697,344.
Bitcoin emissions alone could increase the average global temperature above +2°C.
It will take 10 minutes to verify every transaction in a block, which means that every 10 minutes, 6.25 Bitcoins are released and added to the total cryptocurrency market. 72% of Bitcoin mining occurs in China, where nearly 66% of electricity comes from coal power.
Cryptocurrency Security Statistics
Over the last few years, the Crypto market has seen massive growth, but it also comes with many security challenges. There have been hundreds of cyber-crimes daily happen related to cryptocurrencies. Here is a glance into the Cryptocurrency Security Statistics:
Around 5% of the total Monero cryptocurrency in circulation came from crypto-jacking when crypto-jacking was new. Most of its resources were used for Monero mining.
If we go by the current market value of Monero, then about $65 million worth of Monero has been lost to theft.
By 2030, crypto criminal activities will be up by almost 600%.
Cybercrime incidents could cost nearly a 5 trillion dollars in 2030, 800% jump from around $600 billion in 2018.
Crypto Crime Statistics
Here are some notable Crypto Crime Statistics:
Latin America has the largest volume of cryptocurrency transactions to illegal accounts (2% of the total transaction).
In 2021, major crypto thefts, hacks, and frauds totaled $3 billion.
In 2021, Ireland, the United Kingdom, France, Germany, Denmark, Netherlands, Finland, and Norway encountered the smallest ransomware threats, with only 0.01% of mining machines coming across them per month.
Ransomware crimes increased by 500% year over year. This was mainly because of Covid-prompted work-from-home measures opening vulnerabilities for companies.
One research study found that two hacking groups claimed responsibility for about 60% of all recorded crypto thefts, worth more than $1 billion.
In 2020, $3.5 billion were sent to Bitcoin wallets associated with criminal activity.
The total value of global cryptocurrency theft in 2021 was $600 million, showing a significant increase from the 2020s of $500 million.
Two groups of crypto hackers were responsible for about 50% of all recorded crypto thefts worth more than 1 billion US dollars.
A report states that 50 to 70% of initial coin offerings (ICOs) were initially designed and created fraudulently.
In 2019, a Ponzi scheme disguised as PlusToken netted $2.9 billion. In 2020, WoToken defrauded crypto investors out of $1.1 billion. The same is the case with Squid game in 2021.
Cryptocurrency Users Statistics
Here are some essential Cryptocurrency User statistics.
As of Q1 2022, there are an estimated 300 million identity-verified cryptocurrency users worldwide.
Nigeria sets the record for the most significant number of people who indicated that they used or owned cryptocurrencies at 31.9%. Followed by Vietnam 21.1%, Philippines 19.8%, and South Africa 17.8%.
66% of US investors to date have not invested in Cryptocurrency and are not interested in doing so. 18% among them not even heard of it. Only 7% say they’re planning to invest in Cryptocurrency.
88% of Ethereum traders and 85% of Bitcoin traders are male.
55% of 18- to 35-year-olds in the US are more likely to purchase Bitcoin in the next five years. Meanwhile, 46% of adults aged 36 to 44 years want to invest, and 36% of 45 to 54-year-olds express interest.
Popular Cryptocurrencies Statistics
Here are some other popular cryptocurrency statistics:
Among the major cryptocurrencies, Bitcoin had the biggest share, 66% of market capitalization, in 2021. Ethereum (ETH) distantly follows at 8%.
As of November 29, 2021, the biggest Cryptocurrency in the world based on 24-hour volume is Tether (USDT), with a 24-hour volume of $90 billion. Bitcoin comes to the second spot with $60 billion, followed by Ethereum (ETH) with $25 billion.
The top 10 cryptocurrencies with the highest market cap make up about 88% of the total cryptocurrency market value. (Bitcoin, Ethereum, Ripple, Tether, Bitcoin Cash, Bitcoin SV, Litecoin, Binance Coin, EOS, and Tezos.
The Number of Bitcoin Automated Teller Machines (ATMs) as of January 2022 was 28,000.
There are about 1000 new coins in the market every day as of 2021.
Daily transactions for Bitcoin nearly reached 600,000 marks in the second quarter of 2021.
Binance has become the biggest cryptocurrency exchange based on 24-hour volume. HBTC comes secondwith $14.44 billion and Hydax Exchange with $12.19 billion.
As of December 15, 2021, Ethereum’s (ETH) value is equivalent to $1,809.07.
Ethereum’s (ETH) market capitalization is around $225 billion as of December 1, 2021.
Litecoin’s market capitalization as of January 1, 2022, is $16 billion.
Dogecoin drastically grew in 2021 because of the comments that it has great potential. Tesla CEO Elon Musk made $5.35 as of January 2022.