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Blockchain Devices Market to Grow by $1.285 Billion by 2024

Blockchain Devices Market to Grow by $1.285 Billion by 2024

Recent research by MarketsandMarkets shows a CAGR of 42.5% for blockchain devices market by 2024. The study was filtered through their report, “Blockchain Devices Market by Type (Blockchain Smartphones, Crypto Hardware Wallets, Crypto ATMs, POS Devices, & Others), Connectivity (Wired & Wireless), Application (Personal & Corporate), and Geography - Global Forecast to 2024.”

Global Energy Sector: Blockchain Application to hit $6.29 Billion by 2024

Global Energy Sector: Blockchain Application to hit $6.29 Billion by 2024

BIS Research has presented a new market intelligence report dubbed ‘Global Blockchain in Energy Market - Analysis and Forecast, 2018-2024.’ It reveals that blockchain application in the energy market was worth $518.6 million in 2018 and its value will reach $6.29 billion in 2024.

Blockchain-Powered Cross-Border B2B Transactions to Surpass $4.4 Trillion by 2024

Blockchain-Powered Cross-Border B2B Transactions to Surpass $4.4 Trillion by 2024

According to Juniper Research, blockchain-enabled B2B cross-border payments will be more than $4.4 trillion by 2024. This will be a substantial rise from the current $171 billion.

Coinbase to Boost European Derivatives Market Presence with MiFID II License Acquisition

Coinbase to Boost European Derivatives Market Presence with MiFID II License Acquisition

Coinbase is set to expand in the EU derivatives market by acquiring a MiFID II licensed entity in Cyprus, targeting regulated derivatives offerings like futures and options in 2024.

HKMC Reports Significant Decline in Profit for First Half of 2024

HKMC Reports Significant Decline in Profit for First Half of 2024

The Hong Kong Mortgage Corporation Limited (HKMC) announces a notable drop in profit for H1 2024, attributing the decline to adverse property price impacts on its reverse mortgage business.

Binance Invites Users to Celebrate 2024 with Special Rewards

Binance Invites Users to Celebrate 2024 with Special Rewards

Binance encourages users to revisit their 2024 milestones and share their experiences for a chance to earn additional rewards. Discover how this initiative aims to engage the crypto community.

From $5,000 to $120,000: Standard Chartered's Controversial Bitcoin Price Predictions

From $5,000 to $120,000: Standard Chartered's Controversial Bitcoin Price Predictions

According to Retuers, Standard Chartered predicts Bitcoin's price to reach $120,000 by 2024, reaching $50,000 this year and $120,000 by 2024. This upward trend aligns with the recent increase in Bitcoin's value, encouraging miners to hold onto the digital currency.

Pantera Capital Predicts Bitcoin to Hit $35k Before 2024 Halving and Surge to $148k Afterward

Pantera Capital Predicts Bitcoin to Hit $35k Before 2024 Halving and Surge to $148k Afterward

Pantera Capital's publication explores the "positive black swan" event in the blockchain industry, highlighting its positive implications, historical predictions, rapid growth, resilience, and the transformative potential of DeFi platforms.

Russia Begins CBDC Settlement Mechanism While Sanctions Continue

Russia Begins CBDC Settlement Mechanism While Sanctions Continue

A central bank digital currency will be used to establish a cross-border settlement mechanism by Russia's central bank (CBDC). The plans are anticipated in 2023's first quarter. By2024, the Bank of Russia planned to launch its digital currency.

Coinbase Sold its Blockchain Based Data Analytics Software to the US Secret Service

Coinbase Sold its Blockchain Based Data Analytics Software to the US Secret Service

Cryptocurrency exchange Coinbase has sold its blockchain-based data analytics software to the United States Secret Service. The analytics software was made available to the secret service in a contract worth $183,750 and billed to span through May 9, 2024.

How Can Blockchain Be Used to Save $31 Billion in Costs in the Food Industry?

How Can Blockchain Be Used to Save $31 Billion in Costs in the Food Industry?

Blockchain, along with the internet of things (IoT) trackers and sensors, could reduce costs for retailers. New data from Juniper research showed that blockchain will be essential to $31 billion in “food fraud savings” by 2024 by tracking food across the supply chain.

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