• 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

Median SOPR for Altcoins Continues to Indicate Losses

chest

The median SOPR for the top 500 digital assets has extended its stay in the underwater region, indicating continued losses for altcoin investors.

user avatarEmily Carter

Altcoin Investors Have Been Realizing Losses Since Late 2024, Reports Glassnode

chest

Altcoin investors have been realizing losses since late 2024, with the median SOPR remaining below 1, indicating a bearish sentiment in the market.

user avatarFilippo Romano

Analyst Warns of No-Trade Zone for XRP

chest

Crypto analyst Ali Charts warns traders to avoid premature positions in the XRP market until a breakout is confirmed, describing the current setup as a no-trade zone.

user avatarTomas Novak

Ethereum Price Recovery and Key Resistance Levels.

chest

Ethereum price is attempting a recovery above the 2,100 zone but faces resistance at 2,150.

user avatarKaterina Papadopoulou

Bitwise CIO Matt Hougan Bullish on Hyperliquid and HYPE Token

chest

Matt Hougan, Chief Investment Officer at Bitwise, expresses a strong bullish outlook on Hyperliquid and its token HYPE, following the launch of a new ETF.

user avatarMaya Lundqvist

CME Group to Implement 24/7 Trading for Crypto Futures Starting May 29

chest

CME Group will shift its crypto futures and options trading to a 24/7 schedule starting May 29.

user avatarLeo van der Veen

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.