According to a recent research, US cryptocurrency investors have allocated on average $1,707 in such assets. 37% of them admitted they would not touch these funds even if they must cover a necessary bill or an important payment. Somewhat expectedly, the celebrity who influences most of the respondents’ crypto-related decisions is Elon Musk. Many Americans Have ‘Diamond Hands’ The betting platform – GamblersPick – surveyed 1,000 US digital asset investors to conclude that a...
Read More »Millennials, Xennials, or Generation X: Which Group Is the Most into Crypto? (Survey)
According to a recent survey, millennial investors have allocated 12% of their wealth in the digital asset market while xennials and generation X have respectively distributed 9.2% and 6.3%. However, those born between the late 1970s and the early 1980s have profited the most from those investments. Crypto Trends among The Generations The cryptocurrency exchange CryptoVantage conducted a study to determine what digital assets each generation favors, why they have entered the...
Read More »The Future Belongs to Cryptocurrencies, Banks Must Embrace It: Deloitte Survey
A recent study revealed that 73% of senior executives at financial institutions fear their companies will fall behind in terms of development if they fail to adopt virtual currencies and blockchain technology. 76% believe that digital assets will replace fiat money in the next 5 to 10 years. Crypto Would Swap Physical Money The multinational professional service provider – Deloitte – conducted a survey among more than 1,000 bank leaders and executives of financial...
Read More »Nearly 30% of Canadians Are Cryptocurrency Investors: Survey
According to a recent study, almost every third Canadian has allocated some funds in digital assets. Nonetheless, most locals have concerns about their crypto investment since only 5% of them find it a safe strategy. Cryptocurrencies and ‘Meme Stocks’ in Canada The financial technology start-up – Hardbacon – conducted a survey among Canadian adults to estimate the cryptocurrency sentiment in the country. Per the results, 28% of the participants answered they have indeed...
Read More »More Than Half of Consumers Want to Buy Goods with Cryptocurrencies: Survey
A recent survey informed that nearly 60% of the participants are willing to employ digital assets as a payment method for goods and services. Furthermore, two-thirds entered the cryptocurrency market with plans to use the tokens for transactions. Payments: Crypto Better Than Credit Cards The interactive platform for financial services – PYMNTS.com – and the bitcoin service provider – BitPay – surveyed over 8,000 American consumers to determine how they feel about using...
Read More »70% of Institutional Investors Plan to Buy Cryptocurrencies in The Future: Fidelity
According to a recent survey, 7 out of 10 institutional investors asserted that they expect to purchase digital assets sometime in the future. What’s more, over half of the participants revealed they already have invested in cryptocurrencies. Institutional Investors Love Virtual Currencies A survey conducted by the financial services provider – Fidelity Digital Assets – found out that more than 50% of global institutional investors had already allocated some of their wealth...
Read More »82% of Institutional Crypto Investors Expect to Increase Market Exposure (Survey)
Approximately 8 out of 10 wealth managers and institutional investors from the US, France, Germany, the UAE, and the UK said they would enhance their crypto exposure between now and 2023. 40% of them plan to “dramatically increase their holdings.” High Hopes on Crypto A recent survey conducted by a European investment manager dedicated to cryptocurrencies – Nickel Digital Asset Management (Nickel) – revealed that more than 80% of the asked investors expect to increase their...
Read More »Study: Bitcoin and Dogecoin are the First Investment for 45% of Young Britons
Nearly half of the UK residents aged between 18 and 29 admitted that their first investment was in digital assets. However, more than 50% of the youngsters used debt to purchase cryptocurrencies. Crypto is Attractive for The Young Britons A recent poll conducted by Opinium for the investment platform Interactive Investor revealed that 45% of 18-29-year-olds in the UK dived into the crypto market as a first-time investment in their lives. Out of all digital assets, bitcoin is...
Read More »JPM Survey: 30% Agree With Warren Buffett on Bitcoin Being ‘Rat Poison’
A survey conducted by the American multinational investment bank JPMorgan Chase & Co. revealed that most big investors do not find the crypto market appealing as only 10% of the participants asserted they trade digital assets. Moreover, 30% of the people agreed with Warren Buffett’s opinion that BTC is a ”rat poison.” The American Institutional Investors Stay Away from Crypto JPMorgan Chase & Co. surveyed around 3,000 US investors from more than 1,500 institutions....
Read More »Rich Millennials Have a Large Chunk of Their Wealth in Crypto: CNBC Survey
Nearly half of the young investors with at least $1 million in their portfolio responded that they had located a large share of their funds in cryptocurrencies. Older generations, though, prefer fiat money. Crypto Is a Trend among The Millennials According to a CNBC survey with 750 participants, almost 50% of millennial millionaires have invested at least 1/4 of their wealth in cryptocurrencies. In comparison, more than 30% of them have located at least half of their assets...
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