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 31 of young Aussies hold crypto despite being risk averse ASX survey

31 of young Aussies hold crypto despite being risk averse ASX survey


Published: 2023-06-20


1. Cryptocurrency adoption is on the rise among young Australians: According to a recent survey by the Australian Securities Exchange (ASX),31% of young Australians between the ages of 18 and 34 currently hold some form of cryptocurrency. This trend indicates a growing interest in digital assets among the youth population in Australia.

2. Bitcoin remains the preferred cryptocurrency for Australians: Out of all the cryptocurrencies available,Bitcoin remains the most popular among Australians. The ASX survey found that 58% of the respondents who held cryptocurrency owned Bitcoin,followed by Ethereum at 20% and then Ripple at 12%.

3. Security and lack of understanding are major barriers to wider adoption: Despite the growing interest in cryptocurrencies,the ASX survey also highlighted some of the major barriers to wider adoption. Many respondents reported concerns around the security of their cryptocurrency holdings,with 29% stating that they were worried about the potential for the theft of their digital assets. Moreover,a majority of the respondents indicated a lack of understanding of cryptocurrencies,with 56% saying that they found them difficult to understand.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 ARS title=ARS 1,100.70 1,408,689,889.20
2 BTC title=BTC 66,862.17 1,241,860,690.38
3 ETH title=ETH 3,110.77 732,915,533.15
4 SOL title=SOL 172.39 545,483,387.50
5 PEPE title=PEPE <0.01 244,694,849.77
6 WIF title=WIF 2.56 201,767,243.39
7 DOGE title=DOGE 0.15 147,601,057.75
8 FTM title=FTM 0.88 140,019,406.75
9 BOME title=BOME 0.01 115,105,297.89
10 ENA title=ENA 0.76 107,976,624.54
11 ORDI title=ORDI 40.66 85,450,990.62
12 FLOKI title=FLOKI <0.01 73,454,196.71
13 NEAR title=NEAR 7.91 72,949,283.68
14 LINK title=LINK 16.46 70,102,993.16
15 PEOPLE title=PEOPLE 0.04 66,751,213.94
16 XRP title=XRP 0.52 66,216,667.12
17 RUNE title=RUNE 6.81 64,352,431.45
18 1000SATS title=1000SATS <0.01 57,765,297.32
19 AVAX title=AVAX 37.35 56,420,858.20
20 JTO title=JTO 4.60 54,078,164.75
21 RNDR title=RNDR 10.00 52,553,203.08
22 JUP title=JUP 1.23 52,378,138.92
23 WLD title=WLD 4.90 51,231,368.94
24 SUI title=SUI 1.08 46,585,635.41
25 BONK title=BONK <0.01 44,007,779.57
26 RSR title=RSR <0.01 39,908,330.46
27 ICP title=ICP 13.54 39,538,568.50
28 BCH title=BCH 477.00 37,724,864.06
29 ETHFI title=ETHFI 3.41 32,822,749.44

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 ForTube title=FOR 0.02 +18.45
2 Reserve Rights title=RSR <0.01 +16.53
3 Fantom title=FTM 0.88 +9.33
4 0x Protocol title=ZRX 0.60 +8.20
5 COTI title=COTI 0.13 +7.50
6 Polymesh title=POLYX 0.45 +6.57
7 Uniswap title=UNI 7.98 +5.38
8 Internet Computer title=ICP 13.54 +5.12
9 SSV Network title=SSV 42.13 +4.44
10 IQ title=IQ 0.01 +4.34
11 Marlin title=POND 0.02 +3.21
12 CyberConnect title=CYBER 7.90 +2.97
13 1inch title=1INCH 0.40 +2.93
14 Pendle title=PENDLE 4.97 +2.88
15 LTO Network title=LTO 0.20 +2.81
16 Ethena title=ENA 0.76 +2.70
17 Yield Guild Games title=YGG 0.90 +2.68
18 SPACE ID title=ID 0.77 +2.59
19 Chainlink title=LINK 16.46 +2.40
20 Bella Protocol title=BEL 0.88 +2.34
21 Firo title=FIRO 1.71 +2.27
22 Dusk title=DUSK 0.35 +2.23
23 Manchester City Fan Token title=CITY 3.39 +2.14
24 FC Barcelona Fan Token title=BAR 2.53 +1.85
25 TrueFi title=TRU 0.13 +1.82
26 Solana title=SOL 172.39 +1.71
27 DIA title=DIA 0.51 +1.45
28 Jito title=JTO 4.60 +1.43
29 1000SATS (Ordinals) title=1000SATS <0.01 +1.32
30 Algorand title=ALGO 0.18 +1.32

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 Cream title=CREAM 56.80 -13.03
2 dogwifhat title=WIF 2.56 -11.21
3 Bluzelle title=BLZ 0.32 -11.10
4 Pepe title=PEPE <0.01 -8.27
5 AVA Foundation Bridged AVA (BSC) title=AVA 0.64 -7.14
6 LeverFi title=LEVER <0.01 -6.24
7 WazirX title=WRX 0.21 -5.94
8 Vanar Chain title=VANRY 0.18 -5.68
9 ConstitutionDAO title=PEOPLE 0.04 -5.58
10 Any Inu title=AI 1.05 -5.50
11 COMBO title=COMBO 0.67 -5.45
12 xMoney title=UTK 0.08 -5.39
13 BOOK OF MEME title=BOME 0.01 -5.39
14 FLOKI title=FLOKI <0.01 -5.19
15 High title=HIGH 4.47 -4.92
16 Syscoin title=SYS 0.19 -4.83
17 Loom Network (NEW) title=LOOM 0.09 -4.74
18 Omni Network title=OMNI 14.72 -4.60
19 Verge title=XVG <0.01 -4.26
20 Bittensor title=TAO 380.00 -4.07
21 Synapse title=SYN 0.81 -3.98
22 Biconomy title=BICO 0.53 -3.95
23 Atlas Aggregator title=ATA 0.16 -3.88
24 Lisk title=LSK 1.95 -3.71
25 FC Porto title=PORTO 2.46 -3.61
26 Ether.fi title=ETHFI 3.41 -3.59
27 Coin98 title=C98 0.25 -3.59
28 Fusionist title=ACE 4.79 -3.59
29 NEXO title=NEXO 1.31 -3.54
30 VeThor title=VTHO <0.01 -3.51

Bitcoin's Greed and Fear Index.

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73
Greed

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