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 Hiding Place 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, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Justin Sun Prize Awards New Recipients for Contributions to Erdős Problems

The Office of Justin Sun has announced the newest recipients of the Justin Sun Prize, recognizing independent researcher Wouter van Doorn, mathematics PhD student Quanyu Tang, and mathematics researcher Yanyang Li for their contributions to solving Erdős problems.

user avatarLuis Flores

Greek Servicemen Among Suspects in Cryptocurrency Pyramid Scheme

Two Greek servicemen are implicated in a cryptocurrency pyramid scheme that defrauded approximately 10,000 investors out of 8 million euros.

user avatarArif Mukhtar

MEXC and Payward Explore Collaboration at TOKEN2049

MEXC and Payward are exploring a collaboration to enhance user experience in digital asset trading.

user avatarMaria Gutierrez

Jay Clayton Transitions from Crypto Regulation to AI Leadership

Jay Clayton transitions from regulating cryptocurrency to leading U.S. government's AI initiatives.

user avatarDavid Robinson

Trump Launches New Task Force to Lead in Artificial Intelligence

President Trump has announced the creation of a Super Intelligence Force to coordinate federal efforts in maintaining U.S. leadership in artificial intelligence.

user avatarAndrew Smith

Getty Images Stock Trading Suspended by NYSE

The New York Stock Exchange has suspended trading of Getty Images stock as of September 29, 2023, due to the company's ongoing financial issues and significant debt.

user avatarJacob Williams

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.