• 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

Bitget Broadens Tokenized Traditional Assets on BNB Chain.

chest

Bitget launched 98 tokenized US stocks and ETFs on BNB Chain, allowing users to trade traditional assets alongside cryptocurrencies.

user avatarLuis Flores

Bera Builds Businesses Initiative Aims at Revenue-Generating Solutions.

chest

Berachain's Bera Builds Businesses initiative aims to support 35 applications with revenue potential.

user avatarArif Mukhtar

Future Technical Enhancements for Berachain in 2026.

chest

Berachain's roadmap for 2026 includes key technical upgrades aimed at improving protocol efficiency.

user avatarMaria Gutierrez

The Need for a Pivoting Culture in Africa

chest

David Chima advocates for normalizing pivots in the African startup ecosystem, emphasizing that they should be seen as a sign of strength rather than failure.

user avatarAndrew Smith

The Importance of Pivots in African E-commerce

chest

David Chima discusses the psychological challenges of pivoting in the African tech scene, emphasizing the stigma of failure and the necessity of adapting for success.

user avatarJacob Williams

Successful Pivots: Case Studies from African Startups

chest

Chima shares examples of successful pivots in African startups, such as Flutterwave transitioning from a consumer remittance app to a payments infrastructure company, and Paystack shifting focus from banks to developers.

user avatarDavid Robinson

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.