Cryptocurrency transactions became extremely popular in 2022 due to the fact that they were incredibly fast and secure. Even though there was a big downfall in prices as well as profits, people still found crypto transactions to be worth their while. The
main reason for this is that cryptocurrencies are not regulated by any government or financial institution, meaning that they are much more secure than traditional methods of payment.
So the current situation seems a little bit of a paradox but still, this industry continues to grow significantly. This is what we will cover in this article. Down below we will suggest very interesting statistics and global trends in different industries.
We will cover trading, gambling, and betting industries too.
Crypto Transactions For Gambling And Betting Industry
In 2022, crypto transactions for gambling and betting were much more popular than in recent years. This is because the use of cryptocurrencies has become more widespread and accepted by both businesses and individuals. Additionally, the price of Bitcoin
and other cryptocurrencies has increased significantly over the past year, making them a more attractive option for investors. As a result, it is expected that the number of crypto transactions in these types of businesses will continue to grow in 2023.
Additionally, some of the most popular cryptos for gambling and betting include Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. These all have their own unique benefits and drawbacks, so it really comes down to what you are looking for in crypto.
Accordingly, as the transaction amount rises, the number of new crypto casinos which accept crypto transactions for betting and gambling increased in 2022. This is due to the fact that more and more people are using cryptocurrencies as a means of payment.
It has several reasons which connect to lower fees and faster transactions compared to fiat money transactions. On the other hand, the risk of getting scammed is raised too. There are many new crypto casinos that are not safe to try. So, if you want to
play with cryptocurrencies in safe online casinos, you need to check the license numbers and customer reviews about the platform.
Crypto Statistics For Financial Trading Industry
In 2022, crypto transactions increased in the trading market due to the development of new technologies and the increase in demand for digital assets. The number of exchanges and platforms that allowed users to trade cryptocurrencies also increased. This
resulted in more people being able to access the market and
participate in trading activities.
Also, it is important to note that different from recent years confidence towards crypto is about 100% which also explains the highest popularity of digital currencies on the trading market. Similar to the gambling market, the most popular currency for transactions
is still Bitcoin. Here daily transactions are over 400 000. After that comes ETH, and USDT.
Interesting Statistics From 2022
The most notable result of crypto transactions during 2022 was the increasing number of circulated currencies and the raising of market cap. More specifically, as the investments and transactions significantly increased, the entire market cap is already
more than 1 trillion USD. Specifically, it equals 1.76 trillion USD. Due to active investments, many experts think that it will continue to increase in 2023. When it comes to blockchain market value, compared to 2021, it is also increased and equals more than
10.02 billion USD. Experts think that, if this trend continues, by 2026, the value will be at least 67 billion USD.
On the other hand, the number of
new digital currencies is extremely high. One of the most recent ones is Pegasus PoW, Fish, Bondly, Fanverse, Trice, and many others. As a result, there are more than 20 000 digital currencies on the market.
We also mentioned that confidence in digital currencies increased. Here, the generation's role is important. About 70% of Millennials are completely sure that crypto investments, especially BTC, are safe assets. Even though this currency had a huge downfall
at the beginning of 2022, people aged from 25 to 44 still think that that asset is worth investing in. When it comes to crypto trading, the average age is from 25 to 34.
On the other hand, older generations are more interested in the crypto industry. When we say older, we imply people over 65. This is quite an interesting trend as it was not outlined in 2021 or previous years. But if we look at the demographic results, the
most active nations in crypto transactions are Americans. More than 36 million Americans have investments in crypto which is more than 16% of the country's population.
As the interest increased, daily crypto trading is more than 93 billion USD. As most of the owners claim, they aim to get revenue and their main source of income from crypto trading. They also prefer crypto payments as they are more comfortable. Most of
them also prefer exchanges for their digital assets. All of this creates extremely good conditions for cryptos’ future development.