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Survey Shows 34.6% of Young Investors in Brazil Hold Cryptocurrency in Their Portfolios

Survey Shows 34.6% of Young Investors in Brazil Hold Cryptocurrency in Their PortfoliosA survey conducted by Rico, an investment platform in Brazil, revealed young investors’ preference for cryptocurrency as an investment tool. According to the results, 34.6% of all investors aged 24 to 35 held crypto in their portfolios, making it the fourth most popular investment behind savings, fixed-income products, and stocks. Young Investors in Brazil Have […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Crypto ownership isn’t rising with recent market growth, Fed survey claims

Crypto ownership has not significantly risen even with the bear market over, according to the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute.

According to United States Federal Reserve research, the rate of cryptocurrency ownership isn’t growing in tandem with the crypto market’s recent resurgence.

“Recent growth in the [crypto] market has not been accompanied by an increase in ownership in our survey population,” the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute (CFI) said in a Sept. 6 report.

The CFI collected data on cryptocurrency ownership through surveys between January 2022 and July 2024 using the price of Bitcoin (BTC) as a proxy to determine that the depths of crypto winter occurred in late 2022.

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Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Young crypto voter affiliation in US swing states split equally — Coinbase

According to research commissioned by Coinbase, roughly 40% of young crypto holders in crucial swing states identify as Democrats — the same percentage as Republicans.

Cryptocurrency may be less of a partisan issue in key areas that may determine the outcome of the 2024 United States presidential election.

According to research commissioned by Coinbase, roughly the same percentage of voters under 35 who hold crypto in US swing states identify as either Democrats or Republicans: 41% to 39%, respectively. The data gathered by Impact Research in July did not indicate whether crypto holders were polled before or after US President Joe Biden announced he would not seek reelection in November.

“Young voters can tip the scales for either party – and this is all the more critical in battleground states where a handful of ballots can mean the path to victory for either party,” said Coinbase.

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Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

US Democrats are ‘increasingly gravitating towards crypto’ — Poll

A poll of 804 self-identified Democrats suggested a majority favored some of the core values surrounding digital assets, as well as the US leading the world on innovation.

According to a poll sponsored by venture capital firm Paradigm, United States Democratic presidential nominee Kamala Harris has an opportunity to make “inroads with crypto owners” during her campaign.

In a poll conducted with Mercury Analytics among 804 self-identified Democratic registered voters after US President Joe Biden said he would not be running for reelection, data suggested that Vice President Harris could increase her chances of winning in November by appealing to crypto-focused voters. Of the Democrats surveyed, 27% said they were “somewhat likely” or “very likely” to purchase crypto in the next year.

According to the poll, roughly 13% of Democrats said they were undecided or intended to vote for Republican nominee Donald Trump or a third-party candidate like Robert F. Kennedy Jr. This data suggested that Harris could “win back some wayward Democrats” seemingly by distancing herself from the Biden administration’s crypto policies, such as those at the Securities and Exchange Commission.

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Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

US private investors predict surge in crypto investments in 2024 — Report

A survey by law firm Barnes & Thornburg found that 59% of US private investors are more likely to invest in crypto funds over the next 12 months.

United States private investors are foreseeing a surge in crypto investment in the coming months, with more than half of them likely to include digital assets in their portfolios. 

A recent survey from law firm Barnes & Thornburg revealed that 84% of participants believe private investment in cryptocurrency will rise over the next 12 months, and more than half (59%) said they are more likely to invest in crypto funds than a year ago.

The survey interviewed 138 limited partners, general partners, and service providers at private equity, venture capital, hedge fund, and investment banking firms active across different industries in the United States.

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Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Women in crypto earn 15% more than men: Pantera Capital survey

Women comprise a larger proportion of mid-level and senior positions compared to entry levels, which are dominated by men, Pantera’s researchers said.

A recent survey found women in crypto are making nearly 15% more than their male counterparts on a median salary basis — resulting in a “reversed” gender wage gap.

The median salary of United States-based full-time working women in the crypto industry came out at $172,000, while men was $150,000, according to a compensation survey conducted by Pantera Research Lab.

“Our analysis finds that gender wage differentials among crypto employees are the reverse of what is normally observed,” Pantera researchers Matt Stephenson, Ally Zach and Nick Zurck explained on July 29.

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Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Majority of Americans Believe US in Recession, Survey Shows

Majority of Americans Believe US in Recession, Survey ShowsNew research by Affirm reveals three in five Americans believe the U.S. is in a recession, though it’s not officially declared. A survey of 2,000 people shows inflation and rising living costs (68%) as the main reasons for this belief, followed by complaints from friends and family (50%), reduced spending by peers (36%), and difficulties […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

87% of Russians Aware of Cryptocurrency, 42% Familiar With Hamster Kombat, Survey Shows

87% of Russians Aware of Cryptocurrency, 42% Familiar With Hamster Kombat, Survey ShowsA survey by the All-Russian Public Opinion Research Center reveals high awareness of cryptocurrency among Russians but limited knowledge of the Telegram game Hamster Kombat. Despite 87% being aware of cryptocurrency, only 42% know of Hamster Kombat. The game’s popularity is mainly among young, tech-savvy Telegram users, with a significant gap between awareness and active […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Less Than 50% of Market Participants Remain Bullish on Crypto After the Bitcoin Halving: CoinGecko

Less Than 50% of Market Participants Remain Bullish on Crypto After the Bitcoin Halving: CoinGecko

Fresh insights from crypto data aggregator CoinGecko show that sentiment among market participants is split following the most recent Bitcoin (BTC) halving. In a new survey, CoinGecko polled 2,558 crypto participants from around the world between June 25th and July 8th, the majority of them saying they are long-term digital asset investors. According to the […]

The post Less Than 50% of Market Participants Remain Bullish on Crypto After the Bitcoin Halving: CoinGecko appeared first on The Daily Hodl.

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

UK exit poll suggests Labour Party victory, next PM Keir Starmer

According to a BBC exit poll after a July 4 general election, Labour was set to oust the Conservatives for the first time in 14 years.

The exit polls for the general election in the United Kingdom suggested that the Conservatives would lose control of the government to the Labour Party for the first time in 14 years.

According to the results of a BBC exit poll released on July 4, Labour will take 410 seats in Parliament, cementing its status as the ruling party in the United Kingdom. The poll suggested that Labour leader Keir Starmer would become the next U.K. Prime Minister, ousting Rishi Sunak, who has served in the position since October 2022. Conservatives could keep roughly 131 seats.

The BBC poll was based on data from voters at roughly 130 polling stations in England, Scotland and Wales, but not Northern Ireland. The official election results were unclear at the time of publication but are expected to be announced on July 5.

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Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum