Zip eyes millennials with planned launch of crypto trading in the US next year
Aussie "buy now, pay later" fintech found that BNPL users are 67% more likely to trade crypto than non-users. Australian "buy now, pay later" (BNPL) firm Zip, the smaller rival to Square’s recently-acquired Afterpay, is hitching its future growth prospects to the cryptocurrency industry.Zip USA CEO Brad Lindenberg told attendees at the company's first retail investor day that “The innovation around crypto feels like the internet did in 1995.” The company’s interest in crypto has previously been hinted at and is now materializing into concrete plans. A project integrates crypto trading....
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Millennial millionaires are the subset of millionaires most bullish on crypto, a new CNBC survey has found. Millennials hold more of their wealth in cryptocurrencies compared to any other millionaire class and have said they plan to add more to their crypto investments next year. This indicates a move from more traditional forms of investments towards digital assets as the major investment vehicle. Millennials Making Millions From Crypto The CNBC survey found that millennial millionaires were more likely to put more of their wealth in crypto. In fact, about 53% of all millennial....
The report titled “How Millennials See Their Financial Future” showed that 40% of millennial survey participants have invested in crypto. A report published by investing firm Alto surveyed adults based in the United States to find out their preferences in investing. The results showed that more millennials from ages 25 to 40 are investing in crypto compared to those of the same age who are investing in mutual funds. The survey shows that 40% of millennial participants have invested in cryptocurrencies. According to the report, this is “greater than the percentage of millennials who own....
While quality of life in 2022 might seem better in many regards, energy use per capita was higher years ago, painting a bleak picture for millennials.
Nigeria had earlier in the year announced it planned to launch its own CBDC. The eNaira was announced after the government had banned banks and financial institutions from facilitating crypto transactions in the country. The timeline for the launch of the eNaira has been put at sometime before the end of the year. Citizens of […]
In a recent survey conducted by Goldman Sachs, it was discovered that most millennials might not be too open about bitcoin developments. Among the 752 respondents in the survey, 51% indicated that they have never used bitcoin nor do they have any plans of doing so. Meanwhile, 22% said that they have used it in the past and will most likely use bitcoin again. Another 22% said that they have never tried using bitcoin before but they are open to using it. Lastly, 5% indicated that they have tried using bitcoin and have no plans of using it again. Concerns about Bitcoin. With plenty of other....