• 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

Libya and China Forge New Economic Partnership

chest

Libya is collaborating with China to reduce its dependence on the US dollar by integrating its banking system with China's payment infrastructure.

user avatarAyman Ben Youssef

Upcoming Protocol v25 Upgrade Boosts Investor Sentiment

chest

The Pi Network team has announced a significant upgrade, Protocol v25, scheduled for July 22, 2026, aimed at improving network stability and reliability, which may boost investor sentiment.

user avatarTando Nkube

Market Trends Influence Pi Coin's Price Recovery

chest

Pi coin's recent price recovery appears to be influenced by broader market trends, particularly as Bitcoin has reclaimed the $64,000 price level.

user avatarKofi Adjeman

Pi Coin Experiences Price Surge After Recent Low

chest

Pi coin has seen a significant price recovery after hitting an all-time low, with a 113% increase in the last 24 hours.

user avatarNguyen Van Long

Chainlink Shows Bullish Pennant Formation

chest

Technical analysis indicates a bullish pennant forming on Chainlink (LINK) as buy volume recovers.

user avatarSatoshi Nakamura

Volume Crucial for SUI's Bullish Flag Confirmation

chest

The success of SUI's bullish flag pattern hinges on trading volume, which is essential for confirming a breakout.

user avatarJesper Sørensen

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.