Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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WazirX Update: Court Hearing Set, Survey on Moratorium, and Townhall Announcement
The post WazirX Update: Court Hearing Set, Survey on Moratorium, and Townhall Announcement appeared first on Coinpedia Fintech News Crypto exchange WazirX, one of the most famous among Indian crypto exchanges, has reported crucial data on the current restructuring process via an email to its users. The email sheds light on the further action the team will be taking for the restructuring process. A session on the Moratorium Application is coming up on September 25 2024, at 8:00 IST. The…
9 months ago
Investors Like the SEC’s Strict Crypto Approach: Study
Cryptocurrency becomes more attractive for investment as the Securities and Exchange Commission (SEC) becomes more strict, per a recent study. As it showed, investors are now feeling more optimistic about Bitcoin’s price outlook heading into the end of the year. The Bright Side of Regulation The survey, conducted by MLIV Pulse, garnered 544 responses from different mark participants. Nearly 60% of the investors viewed the commission’s recent legal actions as a positive for crypto as an asset class. The SEC…
3 years ago
Does the Crypto Industry Pay its Workers With Crypto? A Framework Report
Framework Ventures – a blockchain-focused venture capital and technology company – has released a report examining compensation among venture-backed crypto startups. The firm surveyed 18 companies, ranging from 2 to 80 employees, between May and June of 2022. Respondents were largely part of the DeFi, infrastructure, and web 3 gaming sectors and included by centralized companies and DAOs. Framework’s report publicly revealed 7 key findings, including information about how many startups actually use crypto over fiat to pay employees. Here’s…
3 years ago
Investing in Bitcoin Makes You More Attractive: Survey
Can investing in cryptocurrency boost your dating profile? A recent survey from CryptoVantage suggests that investing in the novel asset class – especially Bitcoin – can boost your attractiveness. Bitcoin: Popular With the Ladies? According to the survey published on Wednesday, those who invest in crypto are perceived as wealthier, smarter, and more attractive than no-coiners. Specifically, about 50% of women think crypto investors are more attractive than noninvestors. Meanwhile, 40% of men believe crypto investors are smarter than their…
3 years ago
Most NoCoiners Simply Don’t Understand Bitcoin, Finds Block Study
Jack Dorsey’s financial company Block has unveiled a survey from January examining top reasons that people don’t buy Bitcoin. The top reason, cited by 51% of respondents, was that they simply don’t understand it well enough. Conducted in partnership with Wakefield Research, the study surveyed 9500 people across 14 different countries. Besides the lack of knowledge, other common reasons for avoiding Bitcoin included cybersecurity risks (32%) and price volatility (30%). Among those that refused to buy Bitcoin despite sufficient knowledge,…
3 years ago
Visa Survey: 1 of 4 Small Businesses to Accept Crypto Payments in 2022
Who said Bitcoin is bad for payments? The 6th edition of Visa’s Global Back to Business study found that nearly a quarter of small businesses plan to accept crypto transactions in 2022 – including Bitcoin. Rapid Crypto Adoption Incoming? According to the study, 82% of small and micro businesses (SMB’s) will accept some form of digital payment option this year. Meanwhile, 73% see getting new forms of payment as essential for growing their businesses. “Of those surveyed, 24% said they…
3 years ago
College Students Get Into Crypto to Plug Financial Gap, Recent Survey Shows
A survey from Save the Student website shows that college students are now turning to cryptocurrencies to fund their expenses. The number of such scholars has tripled over the past 12 months. However, one student warns scholars against getting into crypto and advises them to research more before investing. Financial Crisis For Student Funding Out of those surveyed, 75% said that they had considered dropping out of school. The reasons given were either mental health issues or the pandemic, but…
4 years ago
About 67 Percent of Users Support Digital Assets Taxation
Recently, South Korean wallet provider known as Childly carried out a survey. Over 5,750 cryptocurrency users across the world were involved in the poll. The results revealed that 66 percent of respondents support cryptocurrency asset taxation. Likewise, it showed that one out of five cryptocurrency users do not support digital asset taxation. Generally, the survey showed that the cryptocurrency community is warm towards taxation. Forty-eight (48) percent of the respondents said it is mandatory to tax cryptocurrency assets; hence, they…
5 years ago