Two reports highlight the growing appetite for cryptocurrencies in UK, Australia

Two reports highlight the growing appetite for cryptocurrencies in UK, Australia
фото показано с : invezz.com

2021-6-18 18:37

More Brits are starting to see cryptocurrencies as a lucrative investment rather than mere speculation with ownership of cryptos reaching 2.3 million people in the UK in 2021, reported the Financial Conduct Authority (FCA) on Thursday, cited by Reuters.

Cryptocurrency viewed less as a gamble

Watchdogs like the FCA have issued repeated warnings about lack of regulation, with Bitcoin (BTC/USD) dropping from $64,899 in April to around $40,000 today. Despite declining understanding of the field, people are demonstrating greater willingness to invest in crypto assets.

In 2020, the number of adults who owned cryptocurrency assets in the UK was 1.9 million. According to an FCA study. The study also found that 38% of people now see cryptocurrencies as a “gamble”, down from 47% last year. In addition, just 13% of cryptocurrency investors hold at least one stablecoin in their portfolios.  

The majority of cryptocurrency investors, the study also found, are professional men over 35.

Growing adoption in Australia

One out of every six Australians (17 percent) owns at least one cryptocurrency, marking an increase of 5 percentage points since the start of 2021, The Australian writes. Breaking down ownership statistics by age found that almost one-third of Gen Z own a cryptocurrency, up from around 16% at the start of the year, according to a survey.

Among those surveyed who don’t own cryptocurrency, 50% of men cited volatility as the biggest obstacle against ownership versus 37% among women.

Finder personal finance expert Kate Browne told The Australian:

Even with Bitcoin’s price falling in recent months, our data shows cryptocurrency adoption in Australia is growing. It’s great that we’re seeing more women and young people choosing to invest in cryptocurrency.

Browne also said there are “thousands of businesses” across Australia that accept Bitcoin as a form of payment and this figure continues to grow.

The post Two reports highlight the growing appetite for cryptocurrencies in UK, Australia appeared first on Invezz.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Crowdvilla Ownership (CRV) на Currencies.ru

$ 0.0008136 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0.0008136 - H: $0.0008136
Капитализация $0 Rank 99999
Доступно / Всего 0 CRV

cryptocurrencies 2021 million people reaching ownership cryptos

Источник: invezz.com

cryptocurrencies 2021 → Результатов: 126


Reddit’s WallStreetBets Traders Did Not Pump Silver and XRP, So Who Did?

As the market opened on Feb. 1, 2021, precious metal futures jumped 10%, almost breaching $30 per ounce. So who is behind silver’s sudden and meteoric price rise? Will other stocks, commodities, or even cryptocurrencies see similar price booms? Multiple news outlets, including Bloomberg, have associated silver’s meteoric rise with so-called anti-establishment redditors.

2021-2-4 19:40


SimpleFX Review 2021 – Spreads, Leverage, Demo & More

Cryptocurrency markets are radiating an irresistible lure for all kinds of speculators and traders with high risk tolerance. SimpleFX is just the right platform for this type of speculators as it offers up to 500x leverage on some trading pairs while still allowing withdrawals in actual cryptocurrencies (unlike many other similar platforms that issue IOUs […] The post SimpleFX Review 2021 – Spreads, Leverage, Demo & More appeared first on CaptainAltcoin.

2021-2-4 18:21


Фото:

How to Choose a Good Service for Storing Cryptocurrencies and not Lose Money

The end of 2020 and the beginning of 2021 have already proved to most skeptics, that Bitcoin and the cryptocurrency market, in general, continue to grow steadily. Despite the BTC price correction that began with the arrival of 2018, an increasing number of people are now not only consciously returning to the industry, but also … Continued The post How to Choose a Good Service for Storing Cryptocurrencies and not Lose Money appeared first on BeInCrypto.

2021-1-28 10:45


PrimeBit Review 2021 – New P2P Crypto Derivatives Platform with 200x Leverage

Loyal to the original ethos of cryptocurrencies, Primebit is the new P2P derivatives exchange that requires no KYC and doesn’t act as a counterparty in your trades. As you read this Primebit review, you will surely raise your eyebrows to some unique features this platform offers and, if you are an experienced trader with years […] The post PrimeBit Review 2021 – New P2P Crypto Derivatives Platform with 200x Leverage appeared first on CaptainAltcoin.

2021-1-26 11:21


Фото:

Buying Items and Services With Bitcoin: A Look at Crypto Asset Accepting Merchants in 2021

While the price of bitcoin and numerous cryptocurrencies have jumped in value, a great number of merchants have been willing to accept digital currencies for goods and services. These days a crypto proponent can buy literally anything with their crypto assets and some of these items are very unique and extraordinary. Crypto Spenders Can Build […]

2021-1-24 06:45


Фото:

Janet Yellen Vows to Implement Laws to Curtail Illicit Crypto Use

Janet Yellen, President Biden’s nominee for Treasury Secretary, has clarified her stance on bitcoin (BTC) and other cryptocurrencies, making it clear that she will go all out to formulate and implement regulations that would curtail the use of blockchain-based cryptocurrencies for illicit activities, according to a Decrypt report on January 22, 2021. Yellen Not Anti-CryptoRead More

2021-1-23 21:00


Фото:

Blockchain and Crypto to experience accelerated growth in 2021 – Ripple

Despite being on a sticky wicket in the wake of an SEC lawsuit, Ripple’s leadership is confident in the future of blockchain and crypto. According to an article released on the company’s website, RippleNet General Manager, Asheesh Birla says that cryptocurrencies are finally bridging the gap with traditional financial institutions, allowing fintech companies to seize […]

2021-1-22 10:44


IQ Option Review 2021 – Is IQ Option scam or legit?

Online trading platform IQ Option enables its users to trade a wide range of financial instruments and assets such as Forex, Stocks, Binary Options and last but not the least Cryptocurrencies. It was founded by IQ Option Ltd in 2003 and since introduction, it soon came to be one of the fastest growing online trading […] The post IQ Option Review 2021 – Is IQ Option scam or legit? appeared first on CaptainAltcoin.

2021-1-4 13:10


Profit Trailer Review 2021 – Pros & Cons, Signals Covered

There are so many ways to make money with cryptocurrencies. Most trade on centralized exchanges as the least risky method of entering a crypto world while others invest in risky ICOs. And finally there are people who put their day trading on steroids by using trading bots like Profit Trailer, an intelligent cryptocurrency trading bot […] The post Profit Trailer Review 2021 – Pros & Cons, Signals Covered appeared first on CaptainAltcoin.

2020-12-9 17:50


“Nobody’s Going to Ban Bitcoin,” says Comptroller of the Currency; ‘Clarity’ Coming in Early 2021

The acting Comptroller of the Currency (OCC), Brian Brooks, said on Thursday that new regulations on bitcoin and cryptocurrencies are coming soon. Brooks appeared on CNBC’s “Squawk Box” to talk about “clarity” on the leading cryptocurrency to be expected in the next six-to-eight weeks but made it very clear that “nobody’s going to ban bitcoin.

2020-12-5 17:06


Фото:

Trader Reveals 8 Cryptocurrencies With Massive Potential For Growth In 2021

Influential Altcoin trader and Crypto analyst Aaron Arnold has revealed 8 crypto assets with massive potential for growth in 2021 that investors should consider keeping tabs on. Bitcoin (BTC) Arnold, who runs Altcoin Daily YouTube Channel with his brother Arnold Austin told over a quarter million followers (283000 subscribers) that of the 8 coins that […]

2020-12-5 21:35


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Lumia secures strategic funds as node sales exceed 25,000 milestone

Lumia has announced a significant milestone in its journey to revolutionize the blockchain space, with the company surpassing the sale of 25,000 nodes. This achievement coincides with the successful completion of a strategic fundraising round, marking a pivotal moment in the company’s growth.