• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Survey: 70% of Americans Own Cryptocurrency

user avatar

by Giorgi Kostiuk

a year ago

A survey by ChainPlay and Storible reveals that 70% of Americans now own cryptocurrency, highlighting the rapid growth of interest in digital assets in the U.S.

Survey Results

With 1,428 participants surveyed, it shows that cryptocurrency is becoming a popular investment for people of all ages. Many Americans, over half, have sold stocks and gold to invest in Bitcoin.

Impact of Political Events

The election of Donald Trump has prompted 40% of Americans to increase their investments in crypto. Notably, 84% of these were first-time buyers.

“Looking to the future, our survey reveals a strong sense of optimism in the crypto market. A majority (60%) of investors expect to double their holdings by 2025, signaling high confidence in the continued growth of digital currencies.”Chainplay

Risks and Crypto Scams

Despite the growing interest, cryptocurrency-related scams have also increased. According to FBI, Americans lost over $5.6 billion to crypto schemes.

In just a few years, cryptocurrency has become a major type of investment in the US, but with it have come new risks such as scams and losses.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Ethereum Network Positioned for Euro Stablecoin Adoption

chest

The Ethereum network is being considered as the settlement layer for a potential euro-denominated stablecoin, marking a significant shift in blockchain adoption.

user avatarBayarjavkhlan Ganbaatar

Altcoin Market Cap Weakens Amid Structural Changes

chest

The total crypto market cap excluding the top 10 cryptocurrencies is showing signs of weakness, with a shift from expansion to distribution.

user avatarMohamed Farouk

Morgan Stanley Set to Launch First Major US Spot Bitcoin ETF

chest

Morgan Stanley is set to become the first major US bank to launch a spot Bitcoin ETF on April 8, 2024.

user avatarElias Mukuru

Solana Foundation Introduces STRIDE and SIRN to Enhance Ecosystem Security

chest

The Solana Foundation has launched new security initiatives, STRIDE and SIRN, to enhance ecosystem safety and rebuild trust following a significant attack.

user avatarDiego Alvarez

SEC Chair Urges Crypto Community to Participate in Elections

chest

SEC Chair Paul Atkins emphasized the importance of voter turnout for the future of crypto regulation and urged the crypto community to participate in upcoming elections.

user avatarKenji Takahashi

XRP Trading Volume Reaches $386 Billion Amid Market Fluctuations

chest

XRP's trading volume has surged to $386 billion in a 24-hour period, indicating active market participation and potential buy pressure.

user avatarGustavo Mendoza

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.