2024

Trillion

<p><strong>The crypto market is booming, and the predictions for 2024 are impressive</strong>. According to a recent study, the global volume of cryptocurrency transactions is expected to exceed $108 trillion by the end of 2024. This spectacular increase, nearly 90% compared to 2022 levels, highlights the growing influence of digital assets in global finance.</p> 
<h2 id="h-crypto-europe-leads-with-37-32-of-global-transactions">Crypto: Europe Leads with 37.32% of Global Transactions!</h2> 
<p>Europe is at the forefront of this growth, accounting for 37.32% of global cryptocurrency transactions. This European dominance is attributed to a proactive regulatory approach. The <a href="https://www.cointribune.com/en/the-cftc-opposes-gary-gensler-on-the-actual-nature-of-cryptos/" target="_blank" rel="noreferrer noopener">Markets in Crypto-Assets (MiCA) regulation</a>, launched in 2020 and signed in 2023, has provided a clear framework for businesses and investors, fostering an environment conducive to crypto innovation and adoption. As a result, the transaction volume in Europe is expected to reach $40.5 trillion in 2024, a 270% increase from the $15 trillion in 2022.</p>
<div class="my-4">
 <div class="ads " data-page-type="" data-location="1"> 
 </div> 
</div> 
<p>The growing interest of financial institutions in crypto is another key factor in this growth. Exchange-traded funds (ETFs) and other financial products related to cryptocurrencies are attracting more and more institutional investors, further boosting transaction volumes.</p> 
<div class="affiliate-button"> <a class="affiliate-button__link" href="https://bitvavo.com/fr/affiliate/coinmedia?a=_cta" target="_blank" rel="noreferrer noopener">€20 bonus for registering on Bitvavo</a> <a class="affiliate-button__disclaimer" href="https://www.cointribune.com/en/sponsored-content/" target="_blank" rel="noreferrer noopener">This link uses an affiliate program.</a> 
</div> 
<h2 id="h-a-sign-of-exchange-efficiency">A Sign of Exchange Efficiency?</h2> 
<p>Technological advancements also play a crucial role. Crypto exchange platforms, such as Binance, OKX, and Coinbase, continue to improve their infrastructures to offer faster and more secure transactions. Binance, in particular, dominates the market with a transaction volume of $2.77 trillion, operating in over 100 countries.</p> 
<p>The forecast of a $108 trillion crypto transaction volume in 2024 reflects increasing adoption and growing confidence in digital assets. Europe, with its progressive regulations and favorable environment for innovation, is in a prime position to lead this growth. Financial institutions and technological advancements will continue to play a central role in this expansion, marking a new era for the cryptocurrency market.</p>

Europe Conquering the Crypto Market: $100 Trillion at Stake!

Obsah

Cointribune EN

Ďalšie články zverejnené 15. 7. 2024

Russia Proposes Limited Crypto Trading

MAR Mining launches new Antminer that allows users to easily earn $1,000 per day.

Chainlink (LINK) Leads RWA Coin Development Amid Rising Competition

Crypto Regulations In Chile 2024

Crypto Market Cap Sees Significant Increase, Led by Bitcoin and Ethereum

New Presale Picks July 2024

Pripojte sa k nášmu bezplatnému bulletinu a získajte denné aktualizácie kryptomien!