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Ethereum 2025 Price Prediction: Analyzing Market Trends and Future Potential

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Ethereum 2025 Price Prediction: Analyzing Market Trends and Future Potential

Ethereum 2025 Price Prediction: Analyzing Market Trends and Future Potential

The Future of Ethereum: An In-Depth Analysis. We're going to discuss Ethereum, and this is the only blog post you need to read to understand its potential, whether it's a good idea to invest in Ethereum, and what we are doing as traders with Ethereum right now. We'll also discuss what has happened to my short trade on Ethereum because many misconceptions are circulating online, saying that the merge has failed to push the price of Ethereum to a new all-time high of two thousand dollars, three thousand dollars, or whatever.

So, I wanted to discuss what is happening, why it is going down, and what we can realistically expect. What is my honest and humble price target for Ethereum in 2025? Let's give it a three-year time frame. In the next three years, what is going to be the price of Ethereum? This is what I'm going to discuss in this blog post. I'm going to give you real reasons behind it and my explanation, etc.

Ethereum 2025 Price Prediction

CURRENT MARKET CONDITIONS: ETHEREUM 2025 PRICE PREDICTION

Now, when it comes to the technicals, let's quickly get this out of the way before we start talking about more stuff. Right now, we are still in bearish control, so to speak, in terms of price action. I got kicked out of my short trade. I'm going to tell you exactly why, but currently, again, we entered here and we are still moving down. We have a higher low, a lower high, and another lower high. This was also a lower high and another lower high. So, in reality, we're just slowly moving down, potentially continuing to move lower.

We might see our initial target met at about 1150 and then potentially a thousand dollars in the short-term perspective. But again, this is a little bit negative, I understand, but this is in a short-term perspective. In a long-term perspective, I'm going to tell you exactly where it could reach and we’re going to reach a certain conclusion.

SHORT-TERM PRICE ACTION: ETHEREUM 2025 PRICE PREDICTION

The reason why I got kicked out of it is because I expected, in terms of my risk and money management, that it would move lower. But then it got pushed above this area right here. Then it retested it here, and this area is very important because there is a big order block standing right here. So, it was a bit of a challenge. That's why I told you guys in my Telegram channel to join my free Telegram Channel. There is a link down in the description of this video. Also, follow me on Twitter, just the verified account. I'm doing a huge one-thousand-dollar giveaway, which is going to be announced on the 30th of September. Here are all the rules that you need to follow in a pinned tweet, so go and follow me there.

TRADING OPPORTUNITIES

Right now, it seems like we are again respecting these levels. This is a very important resistance beyond which anyone should exit their short trade because the model of this bearish control in the short-term perspective is going to be broken with a potential target of fourteen hundred dollars. Right now, we're moving down, so it could be another interesting entry in a short trade, but for now, I'm just going to stay away from it.

So, on Ethereum, I left and I've taken the profit. I got the profit out of the exchange as well, so this is awesome. By the way, guys and girls, if you've used my link down in the description or in the pinned comment of this video, and you've signed up using my link, then there is a 20 USDT bonus waiting for you. How to claim it on Bitget: you have to go to the reward center, click on the reward center, and when you use my link to sign up, you're going to see a bunch of bonuses here.

I see this four-thousand-dollar first deposit bonus, but if you use my link because I didn't use my link, then you can get up to eight thousand dollars in initial deposit bonuses and other insane coupons here as well that you can claim. Then in your rewards, click ‘My Rewards' and you will see this 20 USDT sign-up bonus that you've got because you used my link.

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YOU SIMPLY CLICK

You simply click ‘Claim' and then you will receive it in your account that you can use for your trading. Whatever money you make, it's pretty cool because it gives you a start even if you have literally zero. So, use my link down below in the pinned comment or in the description of this video. Remember that when you're trading on Bitget when you use my link, Bitget is going to pay you for every trade that you're taking in the way of rebates of your commission, and it's going to be credited directly into your spot account, which is amazing. Use it right now.

Also, if you don't want to be trading with Bitget, that's fine. There are other exchanges that I'm recommending. Bybit is also very good and down in the description or in the pinned comment, you can claim up to four thousand dollars. Binance is pretty good as well. Binance is the biggest one. There is a 600 bonus down below as well.

Ethereum 2025 Price Prediction

WHY TRADE WITH BITGET?

The reason why I trade with Bitget is that they have the biggest bonuses, and they have a cool copy trading platform which I'm considering becoming a part of. So let me know in the comments if I should become part of this copy trading platform so you can copy my trades. If you want, you can spread out the number of exchanges you're using because I use at least five different exchanges, but mainly Bitget because I love Bitget. Anyway, let's move on to the main topic.

SHORT-TERM AND LONG-TERM PERSPECTIVES

In the short-term perspective, as I said, we have this expectation that we could potentially go as low as a thousand dollars or, quite frankly, depending on what's going to happen with inflation. If you haven't seen my previous video, I'm going to link it right here. Check it out because it's mega important. It's going to explain a lot, like why in a short-term perspective, we're going to potentially see so much pain and even something in this vicinity.

ETHEREUM COULD BOTTOM OUT: ETHEREUM 2025 PRICE PREDICTION

Ethereum could bottom out in the vicinity between 400 and a thousand dollars, even though it sounds scary. But with the current inflation rate and the Fed's hawkish policy right now, their approach to raising interest rates is not giving us any optimism right now. They could be raising interest rates into 2023. There are many historical comparisons with what we can see and the market effect, so go and watch this previous video that I've done. Right now, let's talk about Ethereum because even though we're seeing short-term pain, this allows us to accumulate.

THE MERGE AND BEYOND

Okay, let's talk about what happened here. We saw this optimism that the merge is finally happening after so many years. The merge is happening. It's switching from POW to POS. Great, amazing, beautiful. You know it was a ‘buy the rumors' right here and ‘sell the news' event right here. That's why we're going down right now and we could keep going down.

A lot of people are saying, “Oh well, you know what it failed and it's a scam.” You know, as always, that's what some people say in crypto. But what they don't understand is that the merge is just the first small piece of the puzzle. Then there will be a Surge, then there will be a Verge, Purge, and Splurge at the end. This is a plan that has been there all along. So it's like one, two, three, four, five stages and we are currently at stage number one which was successful. Yes, it was like an event of ‘buy the rumors' right here and then ‘sell the news' here. Sure, but does it have anything to do with the future? The fact that the merge was successful is amazing because it laid the foundation for Surge, Verge, Purge, and Splurge. How difficult is it to understand this?

Ethereum 2025 Price Prediction

THE SURGE

So, let's take a look. The merge, the fact that it became successful was expected and it did cut Ethereum's power usage by more than 99%. So it's green, it's great for institutional investors for those who are worried about climate change and all that. It also reduced the asset issuance so right now, Ethereum has become deflationary. Many expected Ethereum emissions to become net negative, which it did. It became deflationary. So when there is inflation in fiat, which we're suffering from right now, Ethereum is deflationary. If you're holding one Ethereum, it's becoming theoretically more valuable because there is going to be less Ethereum with every year and every day and every amazing minute. That's why it has the nickname ‘ultrasound money'.

THE SURGE PHASE: ETHEREUM 2025 PRICE PREDICTION

The next phase is the Surge, and this is what a lot of people complained about. They said that the merge didn't solve the problem with gas fees, it still is an expensive network, and it's slow. You know, other ones are faster.

It's true, but again, people don't understand what is going to come next. They don't understand that there are Surge, Verge, Purges, and Splurges. So when the next phase, the Surge, comes, this phase will bring sharding to the Ethereum blockchain. Sharding is a scaling solution that breaks Ethereum into separate portions or shards to spread out the network's computational load.

THIS UPGRADE IS PLANNED FOR 2023 AND WILL ROUGHLY BRING ETHEREUM

This upgrade is planned for 2023 and will roughly bring Ethereum to 85-80% completion based on Vitalik's expectations in January. So this is what I've been telling you all along. The Surge will happen in 2023, which is going to bring scaling to Ethereum, reducing gas fees, and also increasing the speed from 30 transactions to potentially as fast as Visa and Mastercard at a hundred thousand transactions per second. It's going to do it incredibly quickly. So within the next 12 months, okay, maybe not the beginning of 2023 because it's very soon, I think maybe in the middle, of next summer.

This is when this is going to happen, and it's going to have the same kind of effect in terms of the price. It's going to be potentially again ‘buy the rumors' somewhere and then ‘sell the news', and then people are going to realize that Vitalik's team is doing things and it's not as slow as everybody expected. Certainly, it was going to take three years to complete the Surge. We could see some pain, yes, but they've completed the merge. From what I understand from my research, it’s not going to be as difficult to complete the next stages.

Ethereum 2025 Price Prediction

THE VERGE, PURGE, AND SPLURGE

The next one is going to be the Verge, referring to the introduction of Verkle trees. This is very important. If you want more detail, you can research this online and understand what Verkle trees are. This upgrade will involve a powerful upgrade to Merkle proofs, which optimizes data storage for Ethereum nodes. It will also assist Ethereum scaling, as it allows for a greater number of blockchain transactions while keeping the blockchain decentralized. So basically, it’s like the same thing: Roll-Ups, sharding, and the whole concept. How they’ve built this plan is going to, by probably 2024-2025, create this incredible ultrasound money out of Ethereum.

THE PURGE AND SPLURGE: ETHEREUM 2025 PRICE PREDICTION

The next thing is going to be the Purge, which will be a similar upgrade to the Verge concerning data storage for validators, aka future ETH stakes. It will reduce the hard drive space required for validators, introduce historical data and bad debt streamline storage, and reduce network congestion. Again, scaling. Then the final upgrade will be the Splurge, a series of miscellaneous upgrades made simply to ensure the network runs smoothly after the prior four stages are dealt with. So this is the plan. The merge was just the beginning.

PRICE EXPECTATIONS FOR ETHEREUM

Now it brings us to the question: What do I expect from the price in the short term? In the short-term perspective, I already told you we can see potential downside from anything from another 20% to even maybe something as crazy as 60%, depending on macroeconomics. The macro right now is predominant. What is happening in Russia? Russia is mobilizing forces again. It’s a crazy situation right now. What’s going to happen with inflation and the risk of stagflation? All of these things are understandable. From a short-term perspective, we can see a lot of pain.

LONG-TERM PERSPECTIVE: ETHEREUM 2025 PRICE PREDICTION

When it comes to a long-term perspective, I’m looking at something like the next Bitcoin halving cycle, which is happening probably in the first quarter of 2024. We already know that during the halving cycle, we are going to move higher.

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That’s going to trigger the next bull run. If the bottom is not in yet, then it’s going to be in the next half a year to three-quarters of a year. With Ethereum, once we move down and find this bottom, from there, I believe that with the institutional adoption and everything that the Ethereum Foundation and Vitalik are doing, with just a quick calculation of the potential market cap for Ethereum and the introduction of all the biggest names in smart money, such as BlackRock working with Coinbase, so many things happening already in terms of adoption, it’s creeping in bit by bit. This could be a super cycle.

I’M NOT AFRAID TO SAY THAT POTENTIALLY

I’m not afraid to say that potentially, we can do something like 8X from here, which could lead us to about ten thousand dollars per Ethereum. I would probably say it’s going to be somewhere in the vicinity of 2025, maybe closer to 2026 at the latest. By that time, inflation is going to be gone. The monetary easing will be fully in power.

Certainly, the adoption is going to be happening more and more. The regulation will be in from Cynthia Lummis. I think there’s going to be a lot of interest from institutional investors for Ethereum. I think there’s going to be more interest in Ethereum than Bitcoin. Ethereum could reclaim the throne as the biggest cryptocurrency out there. Bitcoin will still be there as a store of value, a hedge against inflation, but in terms of the biggest use cases, it will be for Ethereum: metaverse, NFTs, institutional investors, deflationary asset, staking rewards, fast, low gas fees, a fast network itself. So, my modest expectation for Ethereum for 2025 would be at least ten thousand dollars. For this reason, right now, when we are seeing some short-term pullback, imagine this allows you to buy more and more.

CONCLUSION

Guys, I'm going to link an interesting tutorial to Bitget, where you can learn how to get paid on Bitget for trading and get money back from Bitget. So, even if you're a break-even trader, you will make some money. As always, let me know down in the comments what you guys think and make some noise. Make some love. Join my Telegram channel. Follow me on Twitter. As always, stay smart, stay rich, and I'll see you in the next blog post. Bye.

https://rtateblogspot.com/2024/04/14/advice-for-those-just-starting-out-in-the-crypto-market/

Tim Moseley

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Spot Ether ETFs Are A Week Away From Launch

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VanEck’s Key Filing Signals Spot Ether ETFs Are A Week Away From Launch

By Brenda Ngari – June 26, 2024

A Form 8-A filing from global investment manager VanEck suggests that the spot Ethereum-based exchange-traded funds (ETFs) are close to becoming available to investors in the U.S.

Previously, asset managers vying for spot Bitcoin ETFs submitted Form 8-As about a week before those investment vehicles started listing and trading after securing approval from the Securities and Exchange Commission.

VanEck Preps For Imminent Ethereum ETF Live Trading

On June 25, VanEck filed an 8-A form for its VanEck Ethereum Trust — the requisite paperwork for companies to issue certain types of securities on national exchanges.

Although usually an uneventful phase of the registration process, the updated filing has caused senior Bloomberg ETF analyst Eric Balchunas to speculate that spot Ether ETFs could be available for trading as soon as July 2 (seven days from now). Balchunas explains that his projection was supported by VanEck filing its 8-A form for its spot Bitcoin ETF exactly seven days before the fund went live on January 11.

Today’s situation slightly varies from January, nonetheless, when there was still uncertainty over whether the Bitcoin ETFs would actually be greenlighted. The SEC has already approved 19b-4 forms for eight Ether ETFs, and the securities regulator is now reviewing the would-be spot ether ETF issuers’s S-1 registration statements.

That officially makes ETH funds a matter of “when” not “if,” with SEC chair Gary Gensler stating on Tuesday during a Bloomberg Invest Summit in New York that the process of launching these products is “going smoothly”.

“It’s smoothly functioning — it’s really up to the asset managers to make the proper disclosures,” Gensler continued.

The Market Awaits

Bloomberg’s Balchunas previously suggested that the approval of the Ether ETFs in May was rather surprising and likely driven by political pressures from the current Joe Biden administration.

Gensler previously indicated that listing Ether ETFs on stock exchanges could take months, and the funds will likely be fully approved by the end of this summer.

Meanwhile, broker Bernstein said in a June 24 research report that the omission of the staking feature in the spot Ether ETFs will dampen strong institutional demand for the ETH vehicles.

However, in a detailed report early this month, VanEck predicted that ETH will hit $22,000 per coin by 2030, as it expects spot ETH ETFs to be larger than their Bitcoin peers.

DISCLAIMER The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto. This article is not meant to give financial advice. Please carry out your own research before investing in any of the various cryptocurrencies available.

The original article written by Brenda Ngari and posted on Zycrypto.com.

Article reposted on Markethive by Jeffrey Sloe

** Loans, secure funding for business projects in the USA and around the world. Learn more about USA & International Financing at Commercial Funding International. **

Tim Moseley

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Bitwise Submits Filing For Spot Ethereum ETF Joining Other Firms In Race For SEC Approval

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Bitwise Submits Filing For Spot Ethereum ETF, Joining Other Firms In Race For SEC Approval

By Brenda Ngari – March 29, 2024

Bitwise has applied to list a spot Ethereum exchange-traded fund (ETF) in the U.S., even as questions continue to swirl around when the Securities and Exchange Commission might give such investment vehicles the regulatory blessing. Bitwise already manages the fourth largest spot Bitcoin ETF by assets under management, holding over $2 billion in BTC.

Bitwise Joins ETH ETF Bandwagon

Bitwise has taken a significant step toward introducing a spot Ethereum ETF. The company filed an S-1 registration form with the Securities and Exchange Commission on March 28, followed by a 19b-4 form barely an hour later. If approved, the Bitwise Ethereum Trust will be listed on the New York Stock Exchange. The proposed product intends to give investors direct exposure to the industry's largest altcoin by market cap and may stake a portion of the fund's assets via trusted staking providers to earn more rewards. Bitwise is one of the now-11 issuers of spot Bitcoin ETFs. The financial giant's BITB spot ETF has collected roughly $2 billion in assets after only 2 1/2 months.

Bitwise's ether ETF filing sparked optimism in the crypto community about a potential spot ETH ETF approval in May. However, senior Bloomberg ETF analyst Eric Balchunas was quick to stress that the likelihood of said approval is still super low.

Balchunas noted that there are now just seven weeks before the May 23 deadline, and the SEC hasn't gone back and forth with potential issuers over spot ETH ETFs, a contrast to the lengthy discussions that happened before BTC ETFs were greenlighted in mid-January.

SEC Uncertainty On Whether ETH Is A Security

The SEC has repeatedly shelved decisions on multiple high-profile Ethereum spot ETF applications in recent months, including those from BlackRock, Grayscale, Fidelity, Invesco, and Galaxy Digital. Moreover, a Bitwise executive recently forecasted that spot ETH ETFs are unlikely to get the SEC's nod this summer. “Spot Ethereum ETFs will gather more assets if they launch in December versus if they launch in May,” Bitwise's Chief Investment Officer Matt Hougan posited. “TradFi needs more time to digest the Bitcoin ETFs.” The Ethereum Foundation was recently embroiled in an investigation by an unknown “state authority” that was later alleged by Fortune to be an effort by the SEC as it attempts to categorize Ethereum as a security. Notably, the SEC has so far refused to clarify its stance on whether ether is a security or not. Now, the regulator might be forced to actually define Ethereum, which could have a huge impact on the crypto sector in the U.S. However, BlackRock CEO Larry Fink believes that it would still be possible to launch a spot-based ETH ETF even if the Commission were to label Ethereum a security.

DISCLAIMER

The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto. This article is not meant to give financial advice. Please carry out your own research before investing in any of the various cryptocurrencies available.

The original article written by Brenda Ngari and posted on Zycrypto.com.

Article reposted on Markethive by Jeffrey Sloe

** Loans, secure funding for business projects in the USA and around the world. Learn more about USA & International Financing at Commercial Funding International. **

Tim Moseley

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Dormant Ether Address Awakens After 85 Years Realizing A 11 Million Profit

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Dormant Ether Address Awakens After 8.5 Years, Realizing A $1.1 Million Profit

By Newton Gitonga – February 4, 2024

In a surprising development, a dormant Ethereum (ETH) address, inactive for 8.5 years, has sprung to life, causing ripples in the cryptocurrency community.

The mysterious address, containing 492 ETH, equivalent to a staggering $1,139,052, was brought to light by the popular crypto tracking service, “Whale Alert,” in a tweet on Friday.

Since the launch of Ethereum on July 30, 2015, the coins have remained securely stored. Notably, on February 2, 2024, a test transaction of 0.5 ETH was seemingly initiated from the address as seen on Etherscan. Subsequently, a transfer of 98 ETH was executed, redirecting the funds back to the same wallet.

The unexpected awakening of such a substantial amount of Ethereum raises numerous questions within the crypto community, leaving enthusiasts puzzled about the motives behind this sudden move.

Various theories thrive regarding the owner’s intent, with one line of thought proposing that the address’s revival may stem from the recovery of lost or forgotten seed phrases.

Alternatively, some posit that the long-term holder, otherwise known as a “hodler,” might have opted to liquidate their assets, enticed by attractive profits.

Others have speculated that the awakening is fueled by upcoming upgrades on the Ethereum network as well as the potential approval of a spot ETH ETF, both of which are seen as potential catalysts for the cryptocurrency.

That said, Friday’s occurrence, however, is not an isolated one. On January 22, the platform reported another case where a dormant pre-mine address containing 133 ETH worth $329,492 was activated after 8.5 years. Similarly, on January 14, another address containing 200 ETH worth $506,140 was reactivated after the same period of dormancy.

Notably, the largest resurgence happened on December 23, when Whale Alert reported the activation of a dormant pre-mine address containing a staggering 11,640 ETH, equivalent to a jaw-dropping $26.5 million.

Amidst these developments, Ethereum has demonstrated resilience in its trading performance, maintaining a nominal strength in the aftermath of a challenging January. Notably, ETH recently experienced a rebound from a pivotal support level of around $2,200.

That said, a potential surge could propel it upwards to January highs of $2,700 with further sights on a formidable $3,400. Conversely, a downside shift may see the cryptocurrency sliding below $2,200, potentially dropping to around $1,790.

ETH was trading at $2,320 at press time after a 0.56% surge in the last 24 hours.

DISCLAIMER: None Of The Information You Read On ZyCrypto Should Be Regarded As Investment Advice. Cryptocurrencies Are Highly Volatile, Conduct Your Own Research Before Making Any Investment Decisions.

The original article written by Newton Gitonga and posted on ZyCrypto.com.

Article reposted on Markethive by Jeffrey Sloe

** Loans, secure funding for business projects in the USA and around the world. Learn more about USA & International Financing at Commercial Funding International. **

Tim Moseley

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The Z Generation And Cryptocurrency

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The Z Generation And Cryptocurrency

 

In recent years, we have witnessed the emergence of a new generation, who are often referred to as the “Z Generation.” A generation that has only ever known a world with the Internet. They have grown up in a time of rapid technological development and have been raised with ever-increasing political, social, and economic uncertainty. 

 

They are connected, globally-minded, and innovative; they are a product of their time in many ways. Gen Z is very familiar with technology and has always had access to it, and they do not need to be taught or encouraged to use it. They live their lives through their devices and social media, and many have turned to cryptocurrencies as an alternative investment.

Money And Excitement From The Game. 

The young are not discouraged by the endless crashes from cryptocurrencies, and they see it as a means to accumulate wealth and an investment opportunity. 

 

As 20-year-old Paxton See Tow told the BBC, "All my friends were talking about cryptocurrencies, so one day I decided I could get involved too and see if I could make a living." 

All he needed was a phone, and he was only a few clicks away from thousands of dollars in cryptocurrency purchases.

 

Who Are Gen Z?

Generation Z is a group of people born around the mid-1990s until about 2010. So it grew up in an interconnected world at a time when the Internet was practically everywhere. They are used to playing online games and meeting friends virtually, without physical contact.

This new generation was born into a relatively peaceful time. However, a peaceful childhood is undoubtedly compensated for by the events that take place during their adolescence. Recent developments in the world are proof of this. 

The Black Lives Matter movement in America, the riots in Hong Kong, and the Fridays for Future Movement have spread around the world. All these movements were founded or strongly supported by representatives of the Z generation.

The Economist has described Generation Z as a more educated, well-behaved, stressed, and depressed generation in comparison to previous generations.

From Wikipedia:

Other proposed names for the generation include iGeneration, Homeland Generation, Net Gen, Digital Natives, Neo-Digital Natives, Pluralist Generation, Internet Generation, Centennials, and Post-Millennials.

 

They Are Among The Technologies At Home

The development of technology is undoubtedly an important factor that contributed to the definition of Generation Z. 

In his article Digital Natives, Digital Immigrants, Marc Prensky describes Generation Z as a digital native, and they are surrounded by technology from birth. According to Prensky (2001), the younger generation "thinks and processes information significantly differently than its predecessors."

The possibility of quick profits has always attracted young people to invest in risky assets. For Generation Z, it is the significant price fluctuations – and the decentralized nature – of digital assets that are pulling. 

Whether they are cryptocurrencies or so-called unmistakable tokens (NFT), however, no one regulates the sector, which means minimal investor protection.

 

 

The trend for young people to trade in cryptocurrencies and NFTs has intensified during the pandemic. 

"The market has gone through extreme price fluctuations. When you have such fluctuations, you have an opportunity in the market," says Lily Fang, a professor of finance at INSEAD Business School. 

"Young people stayed at home, and it became almost a game. All these factors created the perfect conditions for that."

 

The Thrill Of it All

But in addition to financial losses, addiction is also a great danger. Resh Chandran, a financial educator, said, “The cryptocurrency market never sleeps, so people really swallow it up.”

Andy Leach from an addiction clinic in Singapore says he has experienced an increase in addictions to the thrill of trading crypto and NFTs and confirms Chandran’s sentiments, stating, 

“You can watch the bitcoin rise and fall, the whole process, the roller coaster ride, the highs and lows – all on your phone, 24 hours a day, seven days a week.” 

 

Making Money As A Game

But even the stories of people who lost a lot of money on cryptocurrencies do not seem to discourage young traders. Many of them have encountered digital assets for the first time through games that allow them to obtain NFTs or cryptocurrencies and use them within the game itself or exchange them for cash.

"Every child wants to make money playing games," says a 23-year-old Malaysian businessman who is nicknamed YellowPanther. "This is the dream of my generation."

“In the Czech Republic, the number of wallets with cryptocurrencies is estimated at half a million,” says Binance marketing manager Maya Bersheva.

On the opposite side of the globe, research has shown that one in five Australians believes that crypto is the key to homeownership as confidence in traditional savings dwindles. 

A survey conducted by the Kraken Cryptocurrency Exchange found that a growing number of young Australians are depressed by traditional investment opportunities. Almost a quarter of respondents expressed concern that the value of money in traditional cash savings is declining.

A similar trend is confirmed by other research showing a change from traditional attitudes towards investment and property. More than a third of millennials view crypto assets as an increasingly valid alternative to an elusive investment property, a new survey finds.

Commissioned by cryptocurrency exchange Kraken, it found that around four million Aussies say they are likely to purchase digital currencies in the next 12 months.

The survey, which was conducted by global researcher YouGov, found 21% of Australians are readying to purchase digital tokens if they hadn’t already, including 34% of millennials and 32% of Gen Z.

According to the survey, young Russians consider cryptocurrencies a safe investment. Due to Western sanctions, which increase the pressure on Russia's economy, young Russians consider cryptocurrencies to be a reliable and profitable investment. According to a recent study on the existence of BTC, two-thirds of Russian citizens know.

 

New Research Shows That 40% Of Young People Want To Use Cryptocurrencies For Payments

Cryptocurrencies are rapidly gaining in attractiveness among younger groups, with 40% of consumers aged 18-35 expressing their intention to use cryptocurrencies such as bitcoin, ethereum, and stablecoins to pay for goods or services within the next 12 months.

The report, entitled "Cryptocurrency Demystification: Shedding Light on the Acceptance of Digital Currencies for Payments in 2022," was presented by global payment provider Checkout.com at the Bitcoin 2022 conference in Miami on April 6. It revealed an increasingly positive trend in accepting cryptocurrencies for online payments.

Although digital currency often pretends to be an investment for young people, they often pay the most for its volatility. The "computer generation" perceives crypto as a game that can be easily and well earned.

 

Thanks for reading

                                   Margaret

 

Source:

https://zpravy.aktualne.cz

https://kryptomagazin.cz

https://medium.com

 

 

 

 

Tim Moseley