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...Read More
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...Read More
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...Read More
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,...Read More
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....Read More
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...Read More
According to a study by Bybit and Toluna, 64% of North Americans spend less than two hours or don’t research at all before investing in cryptocurrencies. Boomers (those aged 56-64) tend to be more cautious, focusing on technical factors and inspecting the market a few days before diving into it. Jumping on the Bandwagon Without...Read More
CNBC’s “Your Money Survey” estimated that 60% of the American participants consider the risk of investing in cryptocurrencies to be high. Just 5% of the respondents believe it is entirely safe to allocate some wealth to the asset class. Crypto Looks Riskier to Americans The decline of the cryptocurrency market, as well as the various...Read More
A recent study conducted by CNBC estimated that only 8% of American participants currently have a favorable view of cryptocurrencies. Those who supported the asset class in March 2022 were 19%. The market has been through a lot since then – the prices plummeted, the Terra ecosystem crashed, and FTX filed for bankruptcy. Change of...Read More
A recent Grayscale-backed study suggests more than half of Americans agree that “cryptocurrencies are the future of finance.” The sentiment appears to span across the political aisle, as both 59% of Democrats and 53% of Republicans agree with the statement. Who Loves Crypto? The study, conducted by The Harris Poll on Grayscale’s behalf, surveyed over...Read More
A recent survey conducted by the University of Central America (UCA) estimated that 77% of the polled Salvadorans think adopting bitcoin as a legal tender 13 months ago was a mistake. However, nearly 76% of the locals remain supportive of their BTC-loving President Nayib Bukele, who has initiated numerous reforms and waged war on domestic...Read More
Two-thirds of the polled American investors, aged between 21 and 42, believe it is impossible to achieve above-average returns relying only on traditional finance. Instead, they see cryptocurrencies as appropriate tools for the job. Numerous previous researches have shown that younger generations are much more inclined toward the digital asset sector than older individuals. At...Read More
A new report from the Bank of Canada has unearthed some intriguing facts about the state of Bitcoin ownership across the country. The report found that about 13% of Canadians owned Bitcoin in 2021 – but that investors of average financial literacy are the least likely of all to buy in. When and Why Do...Read More
An analysis carried out by the financial services company – Bankrate – determined that US millennials are not as enthusiastic about cryptocurrencies as they were last year. Around 30% said they feel comfortable investing in digital assets compared to 50% in 2021. The Latest Change in Trends Younger generations, including millennials and Generation Z, are...Read More
Chainalysis’ recent report, called “The 2022 Global Crypto Adoption Index,” revealed that digital asset adoption has slowed down in the past 12 months due to the crypto winter but remains above pre-bull market levels. The leader from 2021 – Vietnam – was placed first again, while the Philippines and war-torn Ukraine followed shortly after. Interestingly,...Read More
A recent research conducted by Study.com revealed that 64% of US parents think cryptocurrencies should be a subject part of their children’s education. However, the moms and dads are not that supportive of non-fungible tokens (NFTs) since only 25% said they should be included in the school programs. The mayor of New York City –...Read More
A recent survey carried out by Pew Research Center estimated that 46% of American cryptocurrency investors think their entrance into the market has done worse than expected. Only 15% admitted their investments have turned more successful than initially thought. The study further disclosed that the share of crypto investors in the US had remained relatively...Read More
Early this week, KuCoin released a survey regarding the new developments in India’s blockchain and crypto space – Into The Cryptoverse Report India, which revealed the number of crypto investors in the country to be in the range of 115 million as of June 2022. These people have either traded or held crypto assets in...Read More
The cryptocurrency price tracker CoinGecko estimated that this year’s decline in the digital asset market had changed the trends in the industry. According to the company’s research, Nigeria has emerged as the most crypto-curious nation across the globe. Other recent reports revealed that Nigerians’ interest in digital currencies is prompted by their limited access to...Read More
The top Spanish regulator – the National Securities Market Commission (CNMV) – estimated that 6.8% of Spain’s adult population has invested part of their wealth in cryptocurrencies. Most of them were from the high-income bracket, while those with lower salaries do not find the asset class that attractive. Still, the Iberian nation is far behind...Read More
Nearly half of the surveyed cryptocurrency investors (46%) admitted to selling some of their possessions in the last several weeks. Those with lower salaries were more likely to part with their holdings. Most HODLers Tend to Be Wealthy The American-based business intelligence company – Civic Science – polled thousands of cryptocurrency investors to find out...Read More
With a score of 8.6 points out of 10, the special administrative region of China – Hong Kong – was crowned as the most crypto-ready country globally. The second position belongs to the previous leader – the United States of America, while Switzerland is third. Changes at the Top The latest worldwide crypto readiness report...Read More
Merchants’ consumer survey found out that 53% of the South African participants have little to no knowledge of cryptocurrencies. Interestingly, almost half of the respondents said they would be more open to the digital asset realm if local banks provided such services. South Africans Need More Education The Johannesburg-based management company – Merchants – determined...Read More
According to a study carried out by the global hiring platform Deel, residents of Latin American nations are most likely to say “yes” to receiving salaries in cryptocurrencies. Citizens of the EMEA (Europe, the Middle East, and Africa) area ranked second. Crypto Flourishes in Troubled Economies Deel’s research estimated that 67% of the cryptocurrency payments...Read More
According to a research conducted by the blockchain firm Ripple, residents of Latin America are the most inclined toward the digital asset industry. 50% of the surveyed think the sector will cause a significant impact on the financial system, while 74% prefer to transact with businesses that accept cryptocurrencies. Europeans, on the other hand, are...Read More
A recently released KuCoin report found surging interest and adoption of cryptocurrencies within Saudi Arabia. It found that 76% of crypto investors in the region had under a year’s experience trading crypto, while 49% had less than 6 months of experience. Per the results gleaned by KuCoin in May, there were about 3 million Saudi...Read More
A recent study conducted by MLIV Pulse revealed that 60% of the surveyed Wall Street investors believe bitcoin dropping to $10,000 is a more possible scenario than the asset rising to $30,000. The poll further estimated that professional investors are more supportive of the cryptocurrency industry than retail investors. Pessimism Reigns Among Wall Street Investors...Read More
According to a research conducted by the investing firm Alto, 40% of the American millennials (those aged 26-41) hold cryptocurrencies. Nearly the same share of people own individual stocks, the survey estimated. Millennials and Their Affinity for Crypto The poll further informed that more US millennials had distributed some of their wealth into crypto than...Read More
Many investors are already talking about how long this crypto winter could last. Still, according to Bank of America, most retailers are waiting for the ideal time to buy cryptocurrencies as soon as this year. A survey of 1,000 people conducted in early June by Bank of America (BAC) found that 90% of respondents were...Read More
The global media company Forbes questioned 65 of the world’s wealthiest people to find out what chunk of them are part of the cryptocurrency ecosystem. Per the results, 30% have directly or indirectly invested in digital assets. Billionaires Like Crypto More Than Non-Billionaires Some of the wealthiest individuals like Warren Buffett and Jamie Dimon are...Read More
