Some interesting statistics on cryptocurrency just for you, diligent reader.
The first ten cryptocurrencies with the highest market cap make up about 88% of the total cryptocurrency market value. Read on for the top ten list.
The Number of Bitcoin Automated Teller Machines (ATMs) as of January 2021 was 14,915.
The Bitcoin community is disproportionately Male. 85.77% of Bitcoin community engagement comes from Males as opposed to 14.23% from females.
67% of Millennials Look to Bitcoin as a Safe Haven Asset as Compared to Gold.
Bitcoin mining using enough energy to power over 10m homes per year.
Tesla received $1.5 billion in environmental subsidies in 2020, which it then used to buy Bitcoin.
Relatedly, another report states that 50-80% of initial coin offerings (ICOs) were designed and created as fraudulent activities.
Cryptojacking is quickly becoming a leading cyber threat. The value of global cryptocurrency theft in 2020 totaled $513 million.
Which countries have banned bitcoin?
Afghanistan
Algeria
Bangladesh
Bolivia
Republic of Macedonia
Pakistan
Saudia Arabia
Vanuatu
Vietnam
Qatar
What are the top 10 cryptocurrencies?
Bitcoin
Ethereum
Tether
XRP (Ripple)
Bitcoin Cash
Bitcoin SV
Litecoin
Cardano
Crypto.com Coin
Binance Coin
In 1983, David Chaum, an American cryptographer, created an anonymous cryptographic electronic money called ecash which was the first untraceable digital currency. It required software to enable money withdrawal, and a key to be sent to a recipient.
In 1996, the National Security Agency published a paper describing the cryptocurrency system, called: “How to Make a Mint: the Cryptography of Anonymous Electronic Cash”.
There are +300M cryptocurrency owners around the world in 2021.
As of March 29, 2021, the biggest cryptocurrency in the world based on 24-hour volume is Tether (USDT), with a 24-hour volume of $75.92 billion. Bitcoin (BTC) sits on the second spot with a volume of $53.86 billion, followed by Ethereum (ETH) with $20.11 billion. (CoinMarketCap, 2021)
Enjoy, and good night.