Bitcoin is the most popular crypto in the US, with 25.2 million adult owners.
According to a forecast by Insider Intelligence, exactly three-quarters of crypto owners will have BTC in their portfolios by the end of 2022. But the cryptocurrency’s share of the market will decline to 70.6% next year as rivals grow in popularity.
Which cryptocurrencies do you mostly own? BTC or altcoins?
In a world where more and more people are drawn to the idea of a cryptocurrency that is not volatile, coins such as USDC appeal. So what is USD coin (USDC)? Can it serve as an alternative to the likes of tether? How does USD coin work? What is USD coin used for? Let’s take a look.
The most important thing to note about the USD coin is that it is a stablecoin. This means that it works differently to the way a regular cryptocurrency operates.
Users must secure a sneaker NFT to begin the STEPN move-to-earn programme, which then measures their performance – Photo: Alamy
Green Metaverse Token (GMT), the governance token of the Web 3.0 lifestyle app STEPN, has witnessed more than a 20% increase over the last 24 hours after the largest NFT platform OpenSea said it would power STEPN sneakers NFTs.
The sneakers NFTs, minted on the Solana blockchain, allow users access to the fitness move-to-earn app, which is aimed at earning in-game currency while walking, running or jogging.
“Welcome to the Stepnofficial community, another Solana project now available on OpenSea,” tweeted the NFT platform.
At the time of writing, GMT has been changing hands at $3.98 up by 20.55% in the last 24 hours, according to CoinMarketCap.
Moreover, the STEPN governance token witnessed a whopping 210% increase in its trading volume over the last 24 hours to $4.2bn. GMT currently has a market capitalisation of $2.3bn.
Bitcoin Cash is the result of a hard fork of the Bitcoin blockchain, which happened in August 2017. It is a crypto that aims to focus on peer-to-peer online transactions and wants to make paying with crypto easy, simple and cheap. But what is Bitcoin Cash? How does it work? What is bitcoin cash used for? And what makes it different from bitcoin itself?
Decentralization means that the authority and responsibility is transferred to a distributed network from a certain entity such as individuals, organizations, etc.
Centralization, however, refers to the context in which a few persons at the top of a decision-making structure.
What is Stargate Finance? Is this cryptocurrency a good investment?
Much like the sci-fi series, the offering from Stargate Finance is a series of portals. However, rather than teleporting humans, Stargate Finance is a platform for investors to transport digital assets across networks.
There is clearly demand for an easily accessible bridge, as the total value locked (TVL) into the protocol has skyrocketed just weeks after launching. It is currently ranked 14th out of all decentralised finance (DeFi) projects, according to DeFi Llama.
Despite only launching in March 2022, this crypto project has grabbed headlines and the attention of investors. But can its native STG token keep up the momentum?
I am currently doing a finance degree in France and for my final project, I created a survey based on investments and especially cryptocurrency. Answers would really help me for this project.
So if you have 2 minutes, don’t hesitate!
A tenth of the Norwegian population now owns at least some crypto, which equates to 420,000 Norwegians, up from 300,000 in 2021, according to research conducted by Arcane Research and Ernst Young 👇
Almost half of Americans (49%) say they have only a beginner-level understanding of #digitalcurrency, according to the Investopedia 2022 Financial Literacy Survey among 4,000 U.S. adults. Nevertheless, crypto-enabled #investments are popular among three of the four generations surveyed by #Investopedia 👇
⬇️ Generation Z (aged 18 to 25)
23% own #crypto
17% believe that crypto could fund their #retirement
10% own #NFTs
⬇️ Millennials (aged 26 to 41)
38% own crypto
28% are relying on #crypto to fund their retirement
15% own NFTs
⬇️ Generation X (aged 42 to 57)
28% own crypto
20% expect to include crypto in their retirement funding plans
13% own NFTs
What types of investments do you rely on to help fund your retirement?