Ethereum (ETH)-focused blockchain technology firm, ConsenSys, has published a report looking at the staking and custody preferences of ETH holders. The report finds that two-thirds of Ethereum investors plan to stake their coins once the first phase of ETH 2.0’s roll-out is completed. Interestingly, ETH holders who plan to run their own validator nodes are expecting to receive lower annualized rewards than those who intend to stake through a third-party provider. Staking preferences indicate counterparty risk thresholds Of the 287 survey respondents, the largest segment stated that they plan to use a third-party provider to stake with 33.1% of participants. …

A recent survey conducted by South Korean wallet provider Childly found that 66% of respondents are in favor of crypto assets being taxed. The poll of more than 5,750 crypto users worldwide revealed that only one-in-five crypto users are opposed to digital asset taxation. Crypto community warms to taxation 48% of respondents strongly agreed that cryptocurrencies should be taxed, describing digital asset taxes as “a must.” 18% of participants expressed support for crypto taxes, however, on the proviso they were set “at an acceptable level. 20% of polled crypto users disagree with taxing crypto assets at present, with 9% asserting …

Europeans are getting more confident about the future of the cryptocurrency industry amid the coronavirus pandemic, according to a new report. People in Europe are becoming more optimistic about the Blockchain space. In 2020, more Europeans believe that crypto will exist in 10 years than ever before, bitFLyer exchange reported on April 29. Amount of crypto believers in Europe edges up 3% in 2020 According to a new survey by bitFLyer, the number of Europeans who believe that crypto will still exist in 10 years has edged up from 63% in 2019 to 66% in 2020. The survey is part …

A survey published by peer-to-peer Bitcoin (BTC) marketplace, Paxful, has found that Americans with a working knowledge of cryptocurrency believe that the largest barrier to mainstream crypto adoption is a ”lack of knowledge” among the general population. The survey seeks to explore the longer-term outlook for crypto held by 500 United States-based men and women with a competent understanding of crypto assets. Is public understanding the biggest barrier to crypto adoption? Nearly 54% of respondents asserted that limited knowledge of cryptocurrency among the general public is the largest barrier to the widespread use of crypto assets. 34% of respondents answered …

Americans with a working knowledge of cryptocurrencies have been showing a rising interest in blockchain technology and cryptos. According to a survey conducted by the global peer-to-peer Bitcoin marketplace Paxful, this demographic increasingly views digital assets as an alternative to the “defective” and traditional financial system. Released on April 23, the study states that cryptocurrencies as an asset are maturing, and close to 50% of respondents believe that a triggering event in the traditional financial system will help people shift their focus to Bitcoin (BTC) as an alternative. The most common use cases for Bitcoin, according to the survey, include …

A survey published by research firm Visual Objects has found food and clothing purchases to be the most common use cases for cryptocurrencies. The findings highlight a significant disparity between the perceptions and reality of how cryptocurrency is used. Many who responded to the survey said the top use cases for crypto were trading and illicit activities. The survey gathered this data from 983 respondents in the United States who are “familiar with digital currency,” including over 120 who have made purchases using crypto assets. Survey predicts drugs and stocks as top use-cases for crypto 40% of respondents said that …

A survey published on March 31 revealed that senior trading executives believe that large companies in the business would be interested in taking advantage of the recent crypto plunge, particularly Bitcoin (BTC). According to the Adoption of Digital Asset Trading report published by Acuiti management intelligence platform, about 100 venues capable of trading cryptocurrencies have launched for institutional clients. The survey shows greater adoption of digital assets among sell-side service providers (26%) than traditional trading firms (17%). However, it clarified that the adoption rates are limited to the CME or Bakkt. Bitcoin and Ethereum derivatives are of major interest All …

A survey released on April 2 and conducted by peer-to-peer Bitcoin (BTC) marketplace Paxful revealed growing positive sentiment in terms of cryptocurrency adoption in India. Paxful's survey of investors between the ages of 18–55 revealed that 75% of them had invested in cryptocurrencies. Prior to the Reserve Bank of India's crypto ban lifting, Paxful said that trade volume in the P2P marketplace in January exceeded $3 million, taking into account that 93.8% of respondents invested in cryptos before the ban. According to the study, 78.5% of respondents prefer to use cryptocurrencies to transfer money quickly and easily, since they believe …

Proof-of-stake cryptocurrency platform Algorand has created a global survey intended to compile an open database on the spread, status, and symptoms of the COVID-19 pandemic. On March 27, the company tweeted that its ‘IReportCovid’ survey app will contribute to a global data repository that updates in real-time to inform about pandemic relief efforts. Algorand launches survey to build global coronavirus database In a blog post, Algorand states the initiative seeks to address the lack of real-time data about the pandemic coming from individuals in the community. Survey responses are publicly posted to the Algorand blockchain to allow permanent open access …

A user poll conducted by Kraken has revealed that most traders are expecting Bitcoin (BTC) to break into new all-time highs before 2021. The poll analyzed the responses of 400 “VIP” crypto traders on Kraken: 41% of respondents described themselves as “investors”, 40% identified as “traders”, and 15% as “institutions” — with the remaining 4% comprising payment processors, crypto exchanges and miners. 84% of respondents manage less than $10 million in capital, while 11% manage between $10 million and $50 million. The remaining 6% is divided evenly between traders managing from $50 million to $100 million and traders mobilizing more …

Besides China’s ongoing struggle with the coronavirus, one of the defining narratives for the world’s largest country entering the new decade was its central bank-issued digital currency. Reportedly in its final phase of testing and ready for rollout in 2020, the Chinese CBDC has sparked speculation and intrigue from governments around the world. Just recently, a Federal Reserve governor detailed how the United States central bank is exploring digital currencies following reports of interest over the last several months. The Bank for International Settlements and several European banks have also touched on the subject, revealing a warming disposition to a …

A new survey from the Bank of International Settlements (BIS) revealed that only 10% of central banks are likely to issue a central bank digital currency (CBDC) for the general public in the short term. According to a report the BIS shared with Cointelegraph on Jan. 23, the bank surveyed 66 central banks from around the world to investigate their eagerness to develop and issue a CBDC. Out of them, respondents represented 21 advanced economies and 45 emerging market economies (EMEs), thus covering 75% of the world’s population and 90% of its economic output. EMEs vs. advanced economies results The …