Research: Many people in Singapore hold ETH rather than BTC.
According to research by cryptocurrency exchange Gemini, financial platform Seedly, and resource CoinMarketCap, 78% of Singaporean cryptocurrency investors came in third with ETH, 69% for BTC and 40% for ADA. The study was conducted from June 29 to July 9 and involved more than 4,000 adults. Of those polled who were privately owned, 67% invested in cryptocurrencies and two-thirds improved their status at the time of the outbreak. Among researchers who do not own the cryptocurrency, 34% plan to enter the market in 12 months. Although around 80% of cryptocurrency holders are men under the age of 34, the average income of female entrepreneurs is higher than that of men. While 64% of cryptocurrency holders have an investment of 5% or more, a fifth of 18-24 year olds say cryptocurrency accounts for more than half of their investment. Decentralized financial services are the most popular context in the cryptocurrency space, followed by financial instruments and NFTs. (Parts office)
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