• 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

a year 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

Apeing Gains Traction Among Upcoming Crypto Coins

chest

Apeing is gaining attention with its unique whitelist model and early-stage pricing strategy, focusing on rewarding early participants and providing a clear entry point for traders.

user avatarLucas Weissmann

SEC Approves Tokenization of Securities, Boosting XRP Ledger

chest

The SEC has approved the tokenization of stocks and bonds on blockchain, significantly impacting financial markets and boosting the XRP Ledger.

user avatarFilippo Romano

BBVA Boosts AI Capabilities with 11,000 ChatGPT Licenses

chest

BBVA has expanded its ChatGPT Enterprise licenses to 11,000 to enhance customer service and employee productivity.

user avatarEmily Carter

BBVA Targets 3-Hour Weekly Savings for Employees Through AI

chest

BBVA's integration of artificial intelligence into its banking operations is projected to save employees up to three hours each week on routine tasks.

user avatarKaterina Papadopoulou

Hyperliquid Strategies Announces $30 Million Stock Buyback Program

chest

Hyperliquid Strategies has announced a stock repurchase program of up to $30 million over the next 12 months to support its share price and increase exposure to its HYPE token treasury.

user avatarTomas Novak

BBVA and OpenAI Join Forces to Revolutionize Banking with AI

chest

BBVA has partnered with OpenAI to enhance banking operations through AI technologies, launching their collaboration in May 2024.

user avatarMaya Lundqvist

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.