New Study Says Number of Cryptocurrencies Now at 10,000 — Five Coins Account ...
The number of known cryptocurrencies surged from 6,000 in July 2021 to 10,400 in February 2022 before dropping to around 10,000 by August. Only five cryptocurrencies currently account for over 75% of the entire crypto industry market capitalization. A Thousand Cryptocurrencies Added Every Month According to the data from Augusta Free Press, the number of known cryptocurrencies went up from 6,000 in July 2021 to around 10,400 by February 2022. However, this number had dropped to around 10,000 by August 2022, the data revealed. Before surging past the 10,000 mark, the number of....
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More than three-quarters of Saudi Arabian residents are aware of cryptocurrencies, a new Yougov survey has found. However, the study also found that only 18% of those surveyed are presently buying and selling cryptocurrencies. Easy Accessibility of Virtual Coins According to the findings of a Yougov survey, about 77% of Saudi Arabian residents are aware of cryptocurrencies, which suggests that the asset class “has generated a fair amount of awareness.” The study data, on the other hand, shows that only 18% of those surveyed confirmed they are buying and selling....
Want to be able to buy Bitcoins at your local bank? Now, if you live in the United Kingdom or Mexico, you can. Bitcoin trading service Wall of Coins has begun serving British and Mexican customers. Wall of Coins works by anonymously and securely matching buyers and sellers of Bitcoin. Sellers provide a bank account number and SMS-capable mobile phone number, set a rate, and send Bitcoin into an escrow account. Buyers then deposit the desired amount into the seller’s account, after which the Bitcoin is released from escrow and sent to the buyer. Robert Genito, CEO of Wall of Coins, is happy....
Nearly seven out of ten surveyed Americans said they were aware of risks that are associated with cryptocurrencies, a new study by Nordvpn has found. However, about 32% of the respondents said they were not aware of any risks. Understanding Cryptocurrencies According to the findings of a new Nordvpn study, about seven in ten Americans, or 68% of study participants, said they were aware of the risks involved with cryptocurrency. The study also found that an almost identical number (69%) of all the respondents “had some understanding of what cryptocurrency is.” Despite being....
The number of people working in the blockchain industry went up by 76% year-on-year as of June 2022, a study undertaken by the professional networking platform Linkedin and the crypto trading app OKX has found. The study also found there is “a large gap in demand for technical talent in the global blockchain talent pool.” China Top Ten Country With Lowest Growth Rate According to the findings of a study undertaken by the professional networking platform Linkedin, and crypto trading app OKX, “the total number of people working in the blockchain industry among....
The latest study by the World Bank shows that it costs 4.98% on average to remit funds to South Asia which makes it the least expensive region while sub-Sahara Africa is the most expensive with an average cost of 8.47%. The quarterly study also finds that it is costlier to remit funds when using service providers such as banks that charge an average of 10.89%. Marginal decline Mobile operators are the cheapest as their sending costs averaged 3% and below during the period under review. Still, the study, which predictably excludes cryptocurrencies, shows a marginal decrease in the Global....