Perp DEXs: Top perpetual DEXs by open interest and trade volume

The post Revolutionizing Market Research With Keplar’s Groundbreaking Approach appeared on BitcoinEthereumNews.com. Voice AI: Revolutionizing Market Research With Keplar’s Groundbreaking Approach Skip to content Home AI News Voice AI: Revolutionizing Market Research with Keplar’s Groundbreaking Approach Source: https://bitcoinworld.co.in/keplar-voice-ai-research/

Three of China’s largest Bitcoin hardware manufacturers are establishing production facilities in the United States as President Donald Trump’s tariff policies reshape the cryptocurrency industry. The three industry leaders, Bitmain, Canaan, and MicroBT, collectively control over 90% of the global mining rig market. These companies are the architects of Bitcoin’s physical infrastructure, manufacturing the specialized ASIC (Application-Specific Integrated Circuit) machines that form the backbone of the world’s most valuable cryptocurrency network. Every Bitcoin mined globally likely passes through hardware bearing Chinese engineering fingerprints. 95% Market Control Sparks “Digital Dependency Trap” and Security Risks According to a June 18 Reuters report, these Bitcoin mining giants are establishing U.S. operations to circumvent potential tariffs. However, critics have raised security concerns about Chinese involvement in sectors spanning semiconductor manufacturing and energy infrastructure. Guang Yang, chief technology officer at crypto technology provider Conflux Network, described the situation as extending beyond trade policy. “The U.S.-China trade war goes beyond tariffs,” Yang stated. “It’s a strategic pivot toward ‘politically acceptable’ hardware sources.” Bitmain, the largest of the three companies by revenue, initiated U.S. production of mining equipment in December , one month after Trump’s presidential election victory. Canaan began trial production in the United States on April 2 to avoid tariffs following Trump’s announcement of new trade levies. One of the largest manufacturers of #bitcoin mining machines, Canaan, has set up a base of operations outside of China. CEO Zhang says, Kazakhstan is essential to "expanding after-sales geographical coverage and providing […] support growing international customer base" pic.twitter.com/7D5Xh2ici5 — Documenting ₿itcoin 📄 (@DocumentingBTC) June 23, 2021 Third-ranked MicroBT announced in a statement that it is “actively implementing a localization strategy in the U.S.” to “avoid the impact of tariffs.” $11.9B by 2028: The Market These Giants Are Fighting for According to Frost & Sullivan’s “2024 Global Blockchain Hardware Industry White Paper,” the ASIC-based Bitcoin mining hardware market demonstrates substantial consolidation. When measured by computing power sold, these three Chinese companies command 95.4% of the global market share. The Bitcoin ecosystem encompasses five primary segments: hardware supply, mining farm operations, mining pool management, trading platforms, and payment processing services. Hardware manufacturers like Canaan, the first Bitcoin mining company to go public and the second-largest by computing power , focus exclusively on integrated circuit (IC) design, manufacturing, and equipment sales. Industry analysts project continued sector expansion, with the market expected to reach $11.9 billion by 2028, representing a compound annual growth rate of 15.3%, contingent on Bitcoin’s continued price appreciation driven by supply scarcity. Source: Frost & Sullivan China’s Historical Bitcoin Mining Advantage Understanding today’s migration requires examining how China achieved such overwhelming market control in the first place. The foundation was laid during the historic 2017 Bitcoin boom, when three key factors aligned to create Chinese mining supremacy. During the early expansion phase, Chinese officials recognized cryptocurrency mining as a profitable venture that attracted substantial foreign investment. Consequently, authorities initially overlooked the mining sector while simultaneously restricting Bitcoin trading and initial coin offerings. Hydro-power plants go on sale in China since #Bitcoin mining crackdown has reduced demand for electricity. – South China Morning Post pic.twitter.com/QKEbUzWN4g — Bitcoin Archive (@BTC_Archive) June 30, 2021 China’s extensive hydroelectric infrastructure further strengthened the country’s mining operations, providing the cheap energy essential for profitable Bitcoin production. Does Chinese Hardware Control America’s Bitcoin Network? While the United States leads global Bitcoin mining operations with over 38% of total network activity , American miners depend almost entirely on Chinese-manufactured equipment. America Leads Bitcoin Mining Operation/ Source: Bitbo This creates what security analysts describe as a “digital dependency trap,” a scenario where America’s cryptocurrency infrastructure relies fundamentally on hardware produced by its primary economic rival. Guang Yang, Conflux Network’s chief technology officer, frames this dependency in geopolitical terms that extend far beyond trade economics . “The U.S.-China trade war goes beyond tariffs,” Yang explains. “It’s a strategic pivot toward ‘politically acceptable’ hardware sources.” His assessment reflects growing concerns within the cryptocurrency community about supply chain vulnerabilities that could impact national economic security.

Buterin unveils Ethereum’s strategy to tackle quantum security challenges ahead. Ethereum focuses on simplifying architecture while boosting security for users. Ethereum’s market stability grows as Buterin’s roadmap gains investor confidence. Ethereum founder Vitalik Buterin has unveiled his long-term vision for the blockchain, focusing on making Ethereum quantum-secure while maintaining its simplicity for users. Buterin presented his roadmap at the Japanese Developer Conference, and splits the future of Ethereum into three phases: short-term, mid-term, and long-term. Buterin’s most ambitious goal for Ethereum is to safeguard the blockchain against the threats posed by quantum computing.  The danger of such future developments is that the future may call into question the cryptographic security of most blockchain systems, and Ethereum will be able to remain ahead thanks to more sophisticated mathematical techniques to ensure the safety and integrity of its protocols. Buterin is committed to ensuring that Ethereum evolves in a way that not only meets today’s security challenges but also prepares for the unknowns of tomorrow. Also Read: Ethereum Giant The Ether Machine Takes Major Step Toward Going Public! However, in spite of such high ambitions, Buterin insisted that Ethereum also needed to simplify its architecture. An important aspect of this vision is to remove unnecessary complexity and make Ethereum more accessible and maintainable without losing its strong security capabilities. Security and simplicity form the core of Buterin’s strategy, as they guarantee that the users of Ethereum experience both security and smooth processes. Focus on Speed and Efficiency in the Short-Term In the short term, Buterin aims to enhance Ethereum’s transaction efficiency, a crucial step toward improving scalability and reducing transaction costs. These advantages are attributed to the fact that, within the mid-term, Ethereum is planning to enhance the speed of transactions in layer-2 networks. According to Butterin, this is part of Ethereum’s expansion, particularly because there is still more need to use blockchain technology to date. The other important aspect of Ethereum’s development is the layer-2 solutions. Buterin supports an approach in which the layer-2 networks are dependent on layer-1 to perform some essential tasks like data security, proof, and censorship resistance. This will enable the layer-2 systems of Ethereum to be concerned with verifying and sequencing transactions, which will improve the overall speed and efficiency of the network. Ethereum’s Market Stability Reflects Confidence in Long-Term Strategy Ethereum’s market performance has remained solid, with the cryptocurrency holding steady above $4,000. Currently priced at $4,492.15, Ethereum has experienced a slight 0.93% increase over the last 24 hours, while its trading volume surged by 8.72%, reaching $34.14 billion. These figures point to growing investor confidence in Ethereum’s long-term vision. The crypto community remains optimistic about Ethereum’s future, with many predicting the price could rise to $5,500 by mid-October. Buterin’s clear, forward-thinking strategy continues to build trust in Ethereum as one of the most secure and scalable blockchain platforms in the market. Also Read: Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse? The post Vitalik Buterin Reveals Ethereum’s Bold Plan to Stay Quantum-Secure and Simple! appeared first on 36Crypto.