It is a section of the Empire Newsletter. To read full versions, subscribe.
Crypto Boom is not only promoting interest in the US – it is increasing interest worldwide.
Gemini Crypto report status A survey found that Singapore has a highest ownership rate of 28%, an increase of 2% from last year. Meanwhile, Britain jumped from 18% to 24%.
This is clearly difficult to deny the effects of America’s opening, and it was quoted as a major reason for people around the world who are crypto-cases, but are not ready to own any (yet).
“About a quarter (23%) of non-crypto owners in the US said that the launch of the strategic bitcoin reserve assures them more in the value of cryptocurrency. The feeling was echoed by respondents in UK and Singapore, where about five (21%and 19%, sequential) of President Trump were said to
But the most interesting pall I found was actually about Memcoin. Listen to me before you roll your eyes.
France This year, Memcoin is a leader for adoption so far this year. 67% French Crypto investors have Memcoin, which is very strongly over Singapore’s 59% of investors and 58% of Italians who are Memcoin.
The survey also found that Memcoins are acting as an honorum for investors, 94% of people reporting that they own both Memcoin and other Crypto.
“In the US, 31%of investors, who own both Memcoin and traditional cryptocurrency, stated that they first bought their memecoin, followed by 28%in Australia and UK, 23%in Singapore, 23%in Singapore, 22%in Italy and 19%in France,” reported in the report.
But for more button-up investors, ETF has helped act as an owner. Especially in the US, Mithun found that two out of five American investors surveyed their crypto ETF. Products have also seen a jump in Italy, United Kingdom, Australia and Singapore.
I always tell such reports that they are giving a glimpse in the results of the survey, which means that we are not seeing the full picture for a lot of speed we have seen.
However, there is no denying that the results give us an interesting snapshot of hunger for crypto at this point.
It is also good to see how the global adoption continues, something that we are touching, but did not get a chance to engage. Of course, it is very easy to get lost in American stories right now because they dominate.
One thing is sure, although: love ‘them or hate’ have managed to stick them by memecoins, not only as a way of going to the ship, but also the way investors are allowed to diversify their crypto holdings, as they are felt, if they are feeling, well, courageous.
Get news in your inbox. Explore blockwork newsletters: