Posted by CoinDesk on October 05, 2018 03:37:33Tj Maxx kitchen ware and ceramic kitchenware are among the most popular items among consumers, but some of the priciest can be found in the crypto-currency market.
According to a new report from financial services firm Deloitte, a large number of crypto-coins have been traded on the market, including Bitcoin and Ethereum.
It is estimated that a total of 5,878,000 of these coins have been sold in the past three weeks.
In addition to these coins, the company also analysed the number of ICOs in the market and found that the largest number of coins are currently trading on the Bitcoin and Ether exchanges.
“There are currently more than 1.3 million crypto-coin transactions on the platform, accounting for a total volume of nearly $30 billion,” the report said.
“Cryptocurrency has been an increasingly popular form of investment since its inception in 2014, and the value of cryptocurrencies has increased exponentially since the start of the year.
We estimate that more than $30bn in new crypto-assets were traded on major exchanges during the three-week period, which is roughly three times as much as in the previous period.”
The report also highlights the growing importance of cryptocurrencies for the world’s wealthy.
According the report, only 1% of the total crypto-equity market was invested in in 2016.
The total amount of investment in crypto-currencies is estimated to be $10bn.
The number of cryptocurrency exchanges has grown to a staggering number of more than 400,000, including over 80,000 on exchanges such as Poloniex and Bitstamp.
These exchanges are not regulated by the US government, but are not required to disclose their ownership of their coins.
According, most of the exchanges have no more than 10 employees.
Deloitte’s report also showed that a growing number of users are turning to crypto-markets to diversify their holdings.
It found that an estimated 65% of global cryptocurrency investors are now holding crypto-stocks.
The average age of crypto investors is 26.
Deloitet says that in addition to crypto coins, other popular digital assets are also being traded.
“The following crypto-trading platforms are significant players in the digital asset space, with a combined market capitalization of approximately $20 billion,” it said.
The crypto-market is becoming a significant part of the global financial sector, as the value has increased from less than $2 billion to nearly $50 billion since the beginning of the decade.
It has also become a popular alternative for small investors who want to diversified their investments.
Deloiseet estimates that crypto-asset sales represent about a quarter of total crypto assets traded in the global market, with the rest being traded on exchanges.
The firm also said that the total number of people who are actively trading in crypto currencies has grown by about 50%.
“It is important to remember that cryptoassets are still a relatively young market and that its likely to be a long time before these tokens gain widespread adoption.
Nonetheless, we expect the crypto market to become a major player in the near future,” it concluded.