Search Coins

NFT Collection The Superlative Secret Society Price, Stats, and Review

cryptodaily.co.ukin 3 years
-2

PEPE whale shifts 2.7T tokens; Should you panic? Well…

ambcrypto.coman hour ago
0

Analyst Jason Pizzino Predicts Bitcoin Price Targets and Potential Spurring of 2024 Altseason – Here’s His Outlook

dailyhodl.coman hour ago
0

Bitcoin Difficulty Drops: Miners Hesitant To Expand Ahead Of Halving?

bitcoinist.coman hour ago
0

Blackrock CEO Larry Fink ‘Very Bullish’ on Bitcoin — Hails IBIT ‘the Fastest Growing ETF’ Ever

news.bitcoin.com2 hours ago
0

XRP Lawyer John Deaton Asks for Support to Defeat Senator Warren

coingape.com2 hours ago
0

Bitcoin Bull Flag Could Predict 10% Surge To $77,000, Analyst Explains

www.newsbtc.com2 hours ago
0

LendFi Revolutionizes DeFi Landscape With Comprehensive App Launch

news.bitcoin.com2 hours ago
0

Can Jupiter’s latest update pull up Solana after its 71% ‘fall’?

Officials From the US and UK Investigate Crypto Transfers to Russian Exchange Valued at $20,000,000,000: Report

dailyhodl.com3 hours ago
0

PEPE prices drop by 6%, but here’s where holders can book some profits

ambcrypto.com3 hours ago
0

Hedge Fund Goes Long Bitcoin, Short MicroStrategy: Details

bitcoinist.com3 hours ago
0

Venom Blockchain Enters Abu Dhabi, Fueling Optimism For Web3 Ecosystem Expansion

bitcoinist.com4 hours ago
0

Shiba Inu Lead Dev Tells Ethereum Founder, ‘It’s Just The Start’, Here’s Why

bitcoinist.com4 hours ago
0

Shiba Inu Going To $0.0001: Crypto Analyst Reveals What Will Drive The Rally

www.newsbtc.com4 hours ago
0

Venom Blockchain Launch Triggers Huge Surge In User Adoption, Surpassing 1 Million In A Single Day

www.newsbtc.com4 hours ago
0

OKX repositions US compliance team as highest priority

crypto.news4 hours ago
0

Shiba Inu price targets 200% gains despite Solana memes, Dogecoin dominance

crypto.news4 hours ago
0

Ethereum whale cashes out 17,000 ETH – Here’s what it means for you

ambcrypto.com4 hours ago
0

Canadian Authorities Probe $169M QuadrigaCX Crypto Scam In New Wealth Investigation

bitcoinist.com5 hours ago
0

Analysts Bullish On FLOKI As Price Surges 9.8%, New ATH Soon?

Crypto Trader Breaks Down Bitcoin’s Break Out, Says Altcoins Will Soon Wake Up

XRP and USDT traders flock to Fezoo exchange

crypto.news5 hours ago
0

Circle USDC Set to Transform zkSync Transactions

coingape.com5 hours ago
0

Bitgert Coin: Turning small investments into significant returns

crypto.news5 hours ago
0

Number of Crypto Users Nearly Doubled in 2018, Study Says

Dec 13, 2018 5:05 PM +00:00
0




The number of crypto users has nearly doubled in the first three quarters of this year, according to a recently published study.


Cryptocurrency gained 17 million “verified users” this year, according to a study published by the Cambridge Centre for Alternative Finance Dec. 12.

According to the study, data show that in the first three quarters of 2018 the number of ID-verified cryptocurrency users nearly doubled, climbing from 18 million to 35 million.

Total crypto users, number of account and verified individuals. Source: Cambridge Centre for Alternative Finance

According to a Bloomberg analysis of the study, the growth of the user base this year while crypto markets decline “could signal that an eventual recovery could be coming.” The analysis further notes that “most users are likely still speculators and long-term investors.”

In terms of breaking down who is investing in crypto, the Cambridge research team also claims that the data “indicates that the majority of users — both established as well as new entrants — are individuals and not business clients.” Those individuals, the document explains, could be “hobbyist retail investors, consumers, or users seeking a better investment or payment alternative.”

As Cointelegraph reported last week, despite dismal market conditions bringing down the dollar-value of its assets under management, Grayscale’s Bitcoin Investment Trust has seen a record number of Bitcoin (BTC) deposits this year, bringing its BTC holdings to over 1 percent of the coin’s entire circulating supply.

A November analysis of the Initial Coin Offering (ICO) market in Q3 of this year has defined the funding method’s performance an “overall disappointment.”



Share This Article


Get the most out of CoinFi News!

Save coins into your Watchlist and be the first to know about the latest market moving news.