Whilst there are no figures on which wallets are the most popular in which country, Blockchain. This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text. Interesting statistics In the following 8 chapters, you will quickly find the 34 most important statistics relating to "Cryptocurrencies".
Statistics on the topic. Bitcoin BTC price. League tables Quantity of cryptocurrencies as of February 3, Daily trading volume of all cryptocurrencies combined up until April 5, The most traded cryptocurrencies in the last 24 hours as of April 5, The top cryptocurrency exchanges in the world on April 7, Unique cryptocurrency wallets created on Blockchain.
Industries that accept cryptocurrency payments through BitPay in and Raynor de Best. Contact Get in touch with us. We are happy to help. Vianny Gutierrez-Cruz. Sales Manager — Contact United States.
Ziyan Zhang. Customer Relations — Contact Asia. Kisara Mizuno. Even looking at only the most well-known crypto tokens such as Bitcoin , Ether not to be confused with the Ethereum network for which it is the native token , Dogecoin , Litecoin and Ripple , there has been a lot of movement in their value. Bitcoin is the oldest and most well-known crypto token that you can buy, and in the last hours, its value has changed by 2. Other cryptocurrencies are also now strong investment options and the Shiba Inu-themed Dogecoin, whose symbol is DOGE, which was initially created as a joke, is now one of the best known tokens.
In the last day, its value has changed 1. All data for the values is being sourced from CoinSwitch, a trusted and popular platform to trade cryptocurrency. This is because crypto prices can vary slightly across providers, so using a single source for this information is very important. For the latest tech news and reviews , follow Gadgets on Twitter , Facebook , and subscribe to our YouTube channel.
More Cryptocurrency News. Best Deals of the Day ». Latest Videos. More Videos. Bitcoin BTC. Ethereum ETH. Tether USDT. Binance Coin BNB. Ripple XRP. Solana SOL. Cardano ADA. Terra LUNA. Avalanche AVAX. Dogecoin DOGE.
Of the more than 1, available cryptocurrencies on the market, both Bitcoin and Ethereum are in the top three. But how exactly does Ethereum stack up against Bitcoin in terms of features, uses, and more?
In , Nobel Prize winner in economics Milton Friedman believed the Internet was going to be one of the major forces in reducing the role of government. He also thought that the one thing missing was reliable electronic cash, and just as he predicted, in the cryptocurrency Bitcoin was born. But most importantly, cryptocurrencies use blockchain, which is a set of records that are placed into a container known as a block. These transactions are kept public and in chronological order. Bitcoin , which was released in by an individual or group of individuals known as Satoshi Nakamoto, is a cryptocurrency that allows people to send and receive money around the world.
As mentioned, the payments are secured using cryptography. The most essential point about Bitcoin is that it helps keep the identity of the people sending and receiving money anonymously. We all know that when we conduct a transaction through a bank, some amount of money or service charge is levied.
However, with Bitcoin, this charge is very low, making it a more attractive alternative to conventional electronic transactions. Ethereum, which was created in by Vitalik Buterin, is a cryptocurrency that provides ether tokens. This is equivalent to the bitcoins in the Bitcoin network. Ether is used to build and deploy decentralized applications whose back-end code is placed in a distributed peer-to-peer network.
This is different from a regular application, for which the back-end code is placed in a centralized server. Ether is also used to pay for services, like the computational power that is required before a block can be added to the blockchain and to pay transaction fees. Ether works very similarly to Bitcoin and can be used for peer-to-peer payments.
Also, it can be used to create smart contracts. Smart contracts work in such a way that when a specific set of predefined rules is satisfied, a given output takes place. The Bitcoin vs. Ethereum argument has been garnering more attention these days.
Bitcoin has become a very popular and well-known cryptocurrency around the world. It also has the highest market cap among all the cryptocurrencies available right now. On the other side, however, is Ethereum. Ethereum did not have the revolutionary effect that Bitcoin did, but its creator learned from Bitcoin and produced more functionalities based on the concepts of Bitcoin.
It is the second-most-valuable cryptocurrency on the market right now. Bitcoin was the first cryptocurrency to be created; as mentioned, it was released in by Satoshi Nakamoto. It is not known if this is a person or group of people, or if the person or people are alive or dead.
Ethereum, as noted above, was released in by a researcher and programmer named Vitalik Buterin. He used the concepts of blockchain and Bitcoin and improved upon the platform, providing a lot more functionality. Buterin created the Ethereum platform for distributed applications and smart contracts. Bitcoin enables peer-to-peer transactions. Ethereum enables peer-to-peer transactions as well, but it also provides a platform for creating and building smart contracts and distributed applications.
A smart contract allows users to exchange just about anything of value: shares, money, real estate, and so on. In Bitcoin, miners can validate transactions with the method known as proof of work. This is the same case for Ethereum. With proof of work, miners around the world try to solve a complicated mathematical puzzle to be the first one to add a block to the blockchain.
Jeff Reed, a cryptocurrency writer, states that Ethereum will overrun Bitcoin :. The market is ever-changing, but if the demand stays on the same level, it is not hard to hit those imagined numbers in the long-run. He said that Litecoin can rise even higher than Bitcoin.
According to the atomicwallet. The further — the better. According to steemit. Good times are to come for Litecoin! Luckily, no one else supports this view. Therefore, it must be the right choice for short-term investments: you can reap returns on investment within a few months easily.
Due to the bearish tendencies on the crypto market, many cryptocurrencies have seriously gone down in price, and one of the current biggest concerns is whether tokens will retain their value. Having appeared in , Litecoin is one of the most stable altcoins on the market. Besides, it has a strong recall value, which is great considering there are hundreds of alternative cryptocurrencies around. That also makes it a great long-term investment.
Another factor worth considering is that Litecoin has a maximum supply of 84 mln LTC, which means no more coins will be emitted at some point in the future. The limited number of tokens could mean that Litecoin will become more valuable down the road. Ethereum was introduced to the market in , though it quickly gained interest among potential crypto users.
Increasing interest made Ethereum recognizable: it enjoys the growing support from exchanges. Although Ethereum is not commonly used as a payment method, the situation can change in the future. It already changed when Ethereum left Litecoin behind in At the moment, Ethereum seems to be the best store of value: it has bright prospects moving ahead.
Despite its young age, its smart contracts and blockchain are being widely used for the creation of dApps. Its growing recognition makes ETH easier to purchase, access and spend. Ethereum is likely to disappear from the market only if all cryptocurrencies sink into oblivion.
Cryptocurrencies were designed to serve as decentralized digital money, i. So, how do Litecoin and Ethereum perform from this standpoint? It has a confirmation time that 4 times faster, with the average block time of 2 minutes 19 seconds. Considering the growing number of online users exploiting crypto , Litecoin is great for online transactions.
You can have several transactions processed within a minute or even less. Mainly for this reason, Ethereum has become the most traded cryptocurrency on the globe with millions of transactions performed on a daily basis.
For comparison, Litecoin processes 50, transactions daily, and Bitcoin — about , transactions. Both Litecoin and Ethereum are relevant as means of transactions: while Litecoin transactions are cheaper, users still prefer Ethereum — its instant block time is simply unbeatable. Both Ethereum and Litecoin are top cryptocurrencies on the market — they have strong technological foundations, and both are supported by the crypto community. Ethereum continues being number one blockchain for the creation of decentralized applications and more than that.
Litecoin is a greater alternative to Bitcoin, so we may witness how it will start replacing BTC in regular payments. So, which cryptocurrency to choose? The market is volatile and you never know for sure which cryptocurrency will fail and which will grow.
What is clear is that Litecoin and Ethereum are here to stay and, most likely, you will double your investment in a couple of years or even months. Disclaimer: The opinion expressed here is not investment advice — it is provided for informational purposes only. It does not necessarily reflect the opinion of U. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions.
We do not recommend investing money you cannot afford losing. Alex Dovbnya aka AlexMorris is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1, stories for U.
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