Gemini's 2024 Crypto Market Status Report: Key Findings

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI


  1. Key Indicators of Crypto Ownership
  2. Regulatory Issues and Investment Strategies
  3. Gender Differences and Political Aspects

  4. The cryptocurrency exchange Gemini has released its 2024 Global State of Crypto report. The report surveyed 6,000 individuals from the US, UK, France, Singapore, and Turkey between May 23 and June 28, 2024.

    Key Indicators of Crypto Ownership

    According to the report, crypto ownership rates have remained relatively stable despite the bearish market in 2022.

    Regulatory Issues and Investment Strategies

    The report identified that regulatory concerns remain a significant hurdle: 38% of non-owners in the US and UK cited this, while in Singapore this figure reached 49%. Long-term investments are gaining traction, with 57% of crypto owners willing to allocate more than 5% of their portfolio to crypto assets.

    Crypto investors have proven their resilience over numerous market cycles throughout the years, and the latest downturn was no exception.Marshall Beard, COO of Gemini

    Gender Differences and Political Aspects

    The study found that women entering the market are just as likely as men to adopt a long-term holding strategy. In the US, 37% of crypto owners hold assets through ETFs, with 13% using these instruments exclusively. For the first time, Turkey was included in the survey, revealing that 58% of respondents own cryptocurrencies, and 65% expressed a desire to purchase them in the next year.

    Gemini's report highlights key trends in the crypto market, including ownership stability, regulatory challenges, and long-term investment outcomes. The presented data indicates growing interest in cryptocurrencies across different countries and demographic groups.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

OpenAI Claims to Solve Navier-Stokes Equations Amid Controversy

chest

OpenAI announced on September 8, 2026, that it has solved the Navier-Stokes equations, a significant problem in mathematics, but faces criticism from NYU mathematician Tristan Buckmaster regarding the originality of the solution.

user avatarTenzin Dorje

Cronos Reverses Transactions to Mitigate Exploit Damage

chest

Cronos blockchain network rolled back nearly two hours of transaction history to recover funds after a significant exploit of the Tectonic lending protocol.

user avatarBayarjavkhlan Ganbaatar

MEXC Introduces Opportunity Compass for Enhanced Market Understanding

chest

MEXC has launched Opportunity Compass, an educational initiative aimed at helping users understand both crypto and traditional financial markets.

user avatarMohamed Farouk

MEXC Introduces Opportunity Compass for Crypto Education

chest

MEXC has launched Opportunity Compass, an initiative aimed at educating cryptonative users about global markets and financial opportunities.

user avatarElias Mukuru

Zoomex Highlights Market Volatility Amid Economic Shifts

chest

Zoomex highlights its platform's capabilities during a week of sharp market volatility driven by economic data, enabling traders to respond in real-time.

user avatarDiego Alvarez

Tesla Faces Regulatory Scrutiny, Stock Drops

chest

Tesla's shares fell 6% following a new investigation into its autonomous vehicle technology by the National Highway Traffic Safety Administration, highlighting the impact of regulatory scrutiny on the stock market.

user avatarMaria Fernandez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.