Harris Poll Data Shows 1 in 10 Americans Will Use Stimulus Checks to Buy Bitc...
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....
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The next round of stimulus check recipients will prioritize basic needs, but a sizable portion still intends to either save or invest. Most Americans who expect to receive the next round of relief bill stimulus checks will use the money to buy necessities and pay off debts, but some are still willing to invest in cryptocurrencies like Bitcoin (BTC), a new poll reveals.A study conducted by Harris Poll on behalf of Yahoo Finance showed that 15% of people who received the last two rounds of stimulus checks directed some or all of the money towards investments. Of that group, around half....
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....
The outcome of the U.S. presidential election is affecting how fast Americans will receive their second stimulus checks. With Joe Biden named the president-elect, Americans are eager to know how soon they will receive the second round of direct payments. The Senate goes back into session on Monday when the stimulus discussion will be prioritized. When Second Stimulus Checks Are Coming Many Americans were hoping that a new stimulus package with the second round of stimulus checks would pass before the presidential election. Now that the election is mostly over and former vice president Joe....
Americans are anxiously waiting to hear if they will receive a second round of stimulus checks as many are suffering due to the coronavirus-led economic crisis. Treasury Secretary Steven Mnuchin has a new proposal to immediately provide relief aid, while Nancy Pelosi has been discussing stimulus plans with Mitch McConnell, Joe Biden, Kamala Harris, and Chuck Schumer. New Stimulus Proposal and Status of Second Stimulus Checks U.S. lawmakers have been actively discussing stimulus packages this past week with the aim to help Americans cope with the coronavirus-led economic crisis. A number of....
Negotiations on a new coronavirus aid stimulus package are still underway as Americans wait to receive their second round of stimulus checks. House Speaker Nancy Pelosi, President Donald Trump, and Senate Majority Leader Mitch McConnell have their own ideas of when the next stimulus package with direct payments to Americans will pass. US Lawmakers Push to Pass a New Stimulus Package Soon U.S. lawmakers have continually been discussing the next stimulus package to help Americans cope with the coronavirus pandemic-led economic crisis. Americans have been waiting for the second round of....