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Young Russians View Crypto as Safe Investment Amid Economic Uncertainty, Poll Finds

Young Russians View Crypto as Safe Investment Amid Economic Uncertainty, Poll FindsAs western sanctions increase the pressure on their country’s economy, many young Russians consider cryptocurrency to be a “reliable and profitable” investment option. According to a recent study, the share of Russian citizens who know about bitcoin has reached two thirds of the population. Under Sanctions, Russians Consider Buying Property, Gold, and Crypto Financial and […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Poll Suggests ECB May Wait Until Q4 to Raise Rates, Several Banks Expect a Series of Fed Rate Hikes This Year

Poll Suggests ECB May Wait Until Q4 to Raise Rates, Several Banks Expect a Series of Fed Rate Hikes This YearA recently published Reuters poll suggests the European Central Bank (ECB) may wait until the last quarter of the year (Q4) to raise its first interest rate in over ten years. The poll’s author details that after the conflict in Ukraine, “fewer economists” predict the ECB will raise the benchmark bank rate earlier. Moreover, a […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Russians Aware of Bitcoin Divided on Proposed Crypto Ban, Poll Finds

Russians Aware of Bitcoin Divided on Proposed Crypto Ban, Poll FindsA new survey has indicated that Russians who have heard about cryptocurrency are deeply divided in their opinions on the recently suggested ban on operations with digital assets. A third of the respondents support the central bank’s proposal while an equal number of participants in the survey oppose it. Bank of Russia’s Call to Prohibit […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Alternative Investments Like Crypto Form Half of Russian Non-Qualified Investors’ Portfolios

Alternative Investments Like Crypto Form Half of Russian Non-Qualified Investors’ PortfoliosInvestments in alternative assets such as cryptocurrencies account for over half of the portfolio of non-qualified Russian investors, a recently held survey has indicated. Almost half of them consider digital currencies like bitcoin as a potential hedge. Cryptocurrencies Outperform Traditional Currencies and Stocks in Russia Alternative investments like crypto, real estate, and antiques constitute more […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

UK Government Survey Shows 45% of Britons Would Ban Cryptocurrencies for Environmental Reasons

UK Government Survey Shows 45% of Britons Would Ban Cryptocurrencies for Environmental ReasonsJust before the 26th United Nations (UN) Climate Change Conference (COP-26), the UK government polled 3,071 adults from Britain to ask them their opinions on cryptocurrencies and the crypto industry’s effects on climate change. According to the survey, 45% of Britons would support banning crypto assets for environmental reasons and 18% would oppose a ban. […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Competition and Hype Drive Young Crypto Investors, UK Watchdog Finds

Competition and Hype Drive Young Crypto Investors, UK Watchdog FindsA sizable majority of young investors seeking high-risk opportunities are motivated by competition and hype, a new survey has indicated. They often turn to cryptocurrency and forex products, according to the poll conducted by the U.K.’s financial regulator. FCA Launches ‘Investsmart’ Campaign Targeting Risk Prone Investors The U.K.’s Financial Conduct Authority (FCA) has carried out […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Investors Lost $10,000 on Average to Russian Crypto Pyramid Finiko, Poll Reveals

Investors Lost ,000 on Average to Russian Crypto Pyramid Finiko, Poll RevealsInvestors defrauded by the Russia-based cryptocurrency Ponzi scheme Finiko have sent the crypto pyramid an average exceeding 720,000 rubles, or more than $10,000 at current exchange rates. The assessment comes from a survey of victims conducted by a public non-profit organization. Fifth of Finiko Investors Parted With Over 1 Million Rubles Russia is still trying […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Survey: 1 in 10 Irish Investors, Quarter of Young People Hold Cryptocurrencies

Survey: 1 in 10 Irish Investors, Quarter of Young People Hold CryptocurrenciesInvestors in Ireland are attracted to digital opportunities offering better returns and often find them online, a new survey has indicated. According to the poll, 11% of investors have already bought a digital asset and a quarter of the young Irish are betting on cryptocurrencies. Low Interest Rates, Search for Long-Term Returns Push More Irish […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Poll: 3 Out of 4 Russian Investors Would Rather Buy Cryptocurrency Than Gold or Fiat

Poll: 3 Out of 4 Russian Investors Would Rather Buy Cryptocurrency Than Gold or FiatAn overwhelming majority of Russian investors view cryptocurrencies as a more attractive investment proposition than traditional fiat currencies or gold, a new survey has established. Even among those who have never traded digital assets, most already think of buying crypto in the near future. Crypto Is the Promising Opportunity for Russian Investors National currencies are […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Survey Shows 3 in 4 Crypto Investors Turned a Profit Investing, Crypto Represents 12% of Millennial Portfolios

Survey Shows 3 in 4 Crypto Investors Turned a Profit Investing, Crypto Represents 12% of Millennial PortfoliosDigital currencies have seen significant gains in 2021 jumping 154% in value since January 1. On August 18, Cryptovantage published a study that shows 3 in 4 crypto investors said they had made money on their crypto holdings and cryptocurrencies represent 12% of the average millennial portfolio. 3 in 4 Digital Currency Investors Have Profited […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs