Main trends in blockchain and crypto in 2023
Cryptocurrency-based crime hit a new all-time high in 2021, with illicit addresses receiving $14 billion over the course of the year, up from $7.8 billion in 2020. Centralized crypto saw trading volume year - The cryptocurrency market soared to an all-time high of US$3 billion in November 2021, but has subsequently dropped to around US$2 billion, as of April 2022. Two of the world’s largest cryptocurrencies — Bitcoin and Ether, the token supporting the Ethereum DLT — also surged to record highs in November 2021.1- There were more than 10,000 cryptocurrencies in existence as of November 2021.2- The global cryptoasset-management market is projected to grow from US$0.4 billion in 2021 to US$1.2 billion by 2026, reflecting a compound annual growth rate of 21.5 percent.3
Centralized crypto saw over trillion volume
What’s changed in the last year? Let’s start by looking at what types of cryptocurrency-based crime increased the most in 2021 by transaction volume. What crypto has the most users? But those numbers don’t tell the full story. Cryptocurrency usage is growing faster than ever before. Across all cryptocurrencies tracked by Chainalysis, total transaction volume grew to $15.8 trillion in 2021, up 567% from 2020’s totals. Given that roaring adoption, it’s no surprise that more cybercriminals are using cryptocurrency. But the fact that the increase was just 79% — nearly an order of magnitude lower than overall adoption — might be the biggest surprise of all.
Cryptocurrency price statistics
This paper presents results from the Broadridge Crypto Adoption Survey. In the summer of 2021, Broadridge conducted a survey of 275 financial institutions, including asset managers, capital markets firms, custodian banks and wealth managers in North America, Europe and Asia-Pacific. Respondents were asked about current cryptocurrency offerings and future cryptocurrency strategies. They also were asked about their overall perspectives on emerging cryptocurrency technologies and products. Thomas Kingsley The derivatives market now makes up 69% of total crypto volumes, up from 66% in June, and helped push overall crypto volumes on exchanges to $4.51 trillion in July, CryptoCompare said.