• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Gemini's 2024 Crypto Market Status Report: Key Findings

user avatar

by Giorgi Kostiuk

2 years ago


  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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Charles Hoskinson Faces Accusations of Undermining XRP Growth

chest

Charles Hoskinson, founder of Cardano, has been accused by a Ripple community member of being involved in the ETHgate saga, which allegedly harmed XRP's growth.

user avatarBayarjavkhlan Ganbaatar

David Schwartz Supports John Deaton's Senate Campaign with XRP Donation

chest

Former Ripple CTO David Schwartz has donated an undisclosed amount of XRP to John Deaton's US Senate campaign, signaling support for Deaton's fundraising efforts.

user avatarMohamed Farouk

BarriC Predicts XRP Price Rally Conditions

chest

Crypto pundit BarriC discusses the conditions for XRP to potentially reach significant price levels, emphasizing the need for integration with global financial systems.

user avatarElias Mukuru

Drake Calls for SBF's Release in New Album

chest

Drake's new album features a track calling for the release of Sam Bankman-Fried, the crypto figure serving a 25-year sentence, while referencing his own involvement in cryptocurrency.

user avatarGustavo Mendoza

Trump's Family Trust Discloses Crypto Trades Amid Legislation

chest

President Trump's family trust disclosed over 3,600 securities transactions, including trades in crypto-related stocks, while advancing pro-crypto legislation.

user avatarKenji Takahashi

Wall Street Exchanges Lobby Against Hyperliquid

chest

Major exchanges, including CME Group and Intercontinental Exchange, are lobbying the CFTC to regulate Hyperliquid, citing concerns over its decentralized structure and potential for market manipulation.

user avatarDiego Alvarez

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.