A recent study conducted by CryptoVantage estimated that 23% of US residents expect bitcoin to climb to its all-time high price of almost $70,000 by the end of 2023. 47% think this would happen in the next five years. The majority of respondents also believe the high inflation that has recently spread across the globe will make the cryptocurrency industry more attractive to investors. Americans’ Latest Thoughts on Crypto The survey, which questioned 1,000 US residents who...
Read More »92% of Global Respondents Have Basic Knowledge of Crypto: Survey
A joint research conducted by Consensys and YouGov estimated that 92% of the participants are aware of cryptocurrencies. 37% see the asset class as the future money, whereas 26% are on the opposite corner, viewing it as a scam. Residents of the United States and the United Kingdom are more likely to associate digital currencies with fraudulent schemes. The Sentiment Toward Crypto and NFTs The survey, which spread across the Americas, Asia, Europe, and Africa and questioned...
Read More »50% of German Crypto Investors View Digital Assets as Long-Term Investment (Survey)
According to a KuCoin research, 49% of German crypto investors believe digital currencies could help them achieve long-term wealth accumulation plans. Every fourth thinks the asset class could serve as a store of value amid the current economic turbulence. Most German crypto investors fall in the Generation Y demographic group, also known as Millennials (those born between the 1980s and the late 1990s). A Closer Look The survey revealed that Millennials account for 51% of the...
Read More »The Share of Aussie HODLers is Back to 2021 Levels (Study)
The latest ASX Australian Investor Study estimated that approximately 15% of Australians have invested some of their wealth in cryptocurrencies. The figure is somewhat similar to the 17% registered during the bull market in 2021. The research further showed that young Aussies are more inclined towards the industry, with 31% being HODLers. The Latest Trends in ‘The Land Down Under’ According to the analysis, roughly every seventh Australian has entered the cryptocurrency...
Read More »New Survey Suggests Americans Aren’t Crazy About Crypto
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up A survey conducted by the Pew Research Center suggests most Americans don’t feel confident about, nor do they feel safe using, crypto. Survey: American’s Aren’t Confident Around Crypto Between March 13 and 19 of this year, the Research Center asked a group of people about their feelings towards crypto, and...
Read More »26% of Family Offices Invest in Crypto: Goldman Sachs Survey
The banking giant Goldman Sachs determined in a recent study that 32% of family offices across the globe have exposure to digital assets, NFTs, or DeFi, while 26% have explicitly invested in cryptocurrencies. The results from the 2021 research showed that only 16% of the wealth management firms were HODLers. Two Years Difference Goldman Sachs contacted 166 family offices in the Americas, Europe, the Middle East and Africa (EMEA), and Asia-Pacific (APAC) to determine how...
Read More »Only 24% of Americans Confident in Crypto’s Safety (Survey)
A Pew Research Center study determined that most US residents (88%) have at least basic knowledge about cryptocurrencies. However, only 24% think investing, trading, or using digital assets is safe and reliable. The percentage varies in the different demographic groups: adults aged 50+ are more likely to be skeptical (85%) than younger individuals (66%). The Newest Trends in the US 17% of the participants in the research admitted to dealing with cryptocurrencies at one point...
Read More »Over 40% of Singaporeans Own Crypto: Survey
43% of the 1,500 Singaporean respondents in a recent Independent Reserve survey said they own some amount of cryptocurrencies. In comparison, last year’s research estimated the figure to be around 40%, while the adoption levels were 43% in 2021 (during the bull run). 77% of the HODLers said they have two or more digital assets, with diversifying portfolios being the main reason behind the investment. The New Trends Following the Market’s Revival Apart from the surging crypto...
Read More »50% of Payment Firms See Merchants Embracing Crypto Settlements Within 3 Years (Survey)
A joint study conducted by Ripple and the Faster Payments Council (FPC) estimated that more than half of the surveyed leaders of payment firms think most merchants will accept cryptocurrencies as a settlement method within one to three years. Almost every participant suggests that blockchain technology will enable faster financial transactions in the near future. Crypto Could Transform Cross-Border Payments More than half of the 300 respondents think global merchants will...
Read More »Two Thirds of Millennials View Bitcoin as Safe Haven (Survey)
A study by BanklessTimes revealed that 67% of respondents aged 27-42 consider bitcoin a safe haven. Previous polls have shown that millennials are among the most active demographic groups in the cryptocurrency space and have a friendlier outlook than older generations. BTC Emerges as an Important Asset for Millennials According to Jonathan Merry – CEO of BanklessTimes – the primary cryptocurrency is a vital investment instrument for millennials as it offers financial freedom...
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