Mizuho Bank Survey Says $24 Billion in US Stimulus Checks May Be Used to Buy ...
On March 15, 2021, Mizuho Securities Co., a firm wholly-owned subsidiary of Mizuho Financial Group, revealed the findings of a new survey that says a great deal of stimulus money will find its way into stock markets and the cryptocurrency economy. Participants in Mizuho’s survey made less than $150k per year and estimates suspect 10% of the $380 billion in direct stimulus checks will go toward bitcoin and stocks. Mizuho Securities Survey Estimates $24 Billion from Stimulus Checks May be Used to Buy Bitcoin Japanese investment banking and securities firm, Mizuho Securities, recently....
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Following the recently published survey by Mizuho Securities that estimates roughly $24 billion from the $380 billion in direct stimulus checks will go toward bitcoin, a Harris Poll was released that estimates around 1 in 10 Americans have used stimulus checks to invest in cryptocurrencies like bitcoin and ethereum. Recently Published Harris Poll Says 7% of the Americans Surveyed Intend to Spend Stimulus on Bitcoin and Ethereum Three days ago, Bitcoin.com reported on a poll that was published by the Japanese banking firm Mizuho Securities. The study polled 235 individuals who make less....
More than 60% of respondents said they would choose to invest their $1,400 checks in Bitcoin over stocks. Many Americans are expected to receive $1,400 checks following U.S. President Joe Biden signing a $1.9 trillion stimulus package into law last week. New polling suggests that much of these funds could end up in the crypto market.A survey released today from Mizuho Securities estimates that 10% of the roughly $400 billion in funds given directly to U.S. residents could be used to purchase Bitcoin (BTC) and stocks. The Mizuho Financial Group subsidiary surveyed 235 people with a....
Many Americans are in need of second stimulus checks and a new coronavirus relief package. As Congress resumes stimulus negotiations, President Trump has called for a “big and focused” stimulus bill now. Meanwhile, several analysts have predicted when lawmakers will pass the next stimulus package. Stimulus Package Status Stimulus negotiations have resumed after the presidential election but lawmakers still have not been able to come to an agreement. This has left Americans with little hope of receiving their second stimulus checks to help them cope with the coronavirus-led....
Amid the intense stimulus relief aid discussion, House Speaker Nancy Pelosi has set a deadline for the White House to come to an agreement on the next stimulus package which provides a second round of stimulus checks for Americans. Meanwhile, the Senate is set to vote on a smaller stimulus bill without direct payments this week. Deadline for Stimulus Negotiations Stimulus packages to help Americans cope with the coronavirus-driven economic crisis have been heavily discussed this week as U.S. lawmakers hope to approve new relief aid before the November presidential election. Six proposed....
Young Americans are choosing crypto over mutual assets and ETFs to invest their stimulus checks. A new survey has found that more than one in ten American citizens aged between 18 to 34 have invested part of their Covid-19 stimulus checks into crypto assets.Conducted by CNBC and research firm Momentive, the survey queried 5,530 adults and found that 11% of survey participants had purchased cryptocurrency with their stimulus money. Roughly half of the respondents were found to have funneled their stimulus money into investments broadly — with 15% seeking exposure to stocks, 9% investing in....