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Bitcoin remains the most popular cryptocurrency in the world at the moment
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Start followingA new Bank of America survey shows that 91% of more than 1,000 current and prospective U.S. crypto investors plan to buy more digital assets in the next six months. Moreover, nearly 40% of respondents revealed that they use cryptocurrency as a means of payment. Bank of America’s Crypto Survey Bank of America (BOA) analyst Jason Kupferberg shared his crypto outlook in an interview with CNBC Monday. He was asked about a recent Bank of America survey that showed sustained interest in cryptocurrencies. The analyst explained that the survey was conducted early this month, which was after the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). He added that over 1,000 current and prospective crypto investors in the U.S. participated, noting that the sample size was “pretty significant.” Kupferberg opined: It was interesting to see that 90% of respondents said they do plan to buy some amount of crypto in the next six months. He continued: “That was actually the same percentage who reported having actually bought some crypto over the prior six months.” In addition, 30% of all respondents said they do not plan to sell their crypto in the next six months.
The Bank of America survey also examines whether consumers expect to pay for goods and services with bitcoin or other cryptocurrencies in the near future. According to the results, 39% of respondents said they use cryptocurrency as a means of payment for online shopping. The analyst commented: Using it as a payment method is interesting for sure and we think what that’s highlighting is the increased use of certain, what we call, crypto-to-fiat-type products.
Coinbase allows users to buy, sell, and trade cryptocurrency. It accepts several payment methods, including ACH transfers from a bank account, debit cards, money wires, and PayPal. ACH transfers are the most cost-effective option, because you can deposit money from a bank account without any extra fees.
Bitcoin remains the most popular cryptocurrency in the world at the moment
# | Gateway | Name | Amount |
---|---|---|---|
1 | Bitcoin | Ayanna Knabjian | $10,757 |
2 | Bitcoin | Vicenta Prokes | $3,009 |
3 | Bitcoin | Oswaldo Tweten | $8,954 |
4 | Bitcoin | Stacy Arand | $5,177 |
5 | Bitcoin | Arlen Hibdon | $8,209 |
6 | Bitcoin | Katlyn Lawhorne | $10,456 |
7 | Bitcoin | Lura Taras | $9,755 |
8 | Bitcoin | Myriam Yousif | $10,166 |
9 | Bitcoin | Leo Matterson | $11,698 |
10 | Bitcoin | Victorina Megna | $2,355 |
# | Gateway | Name | Amount |
---|---|---|---|
1 | Ethereum | Angelena Fallin | $93,397 |
2 | Ethereum | Pat Stassi | $124,261 |
3 | Bitcoin | Brendan Volpi | $57,920 |
4 | Bank Transfer | Chad Wilding | $69,146 |
5 | Bank Transfer | Parthenia Akal | $24,980 |
6 | Bitcoin | Tennie Ziebert | $107,184 |
7 | Bank Transfer | Verlene Seiders | $181,401 |
8 | Ethereum | Jong Finzel | $90,563 |
9 | Bank Transfer | Rochell Gioia | $122,250 |
10 | Bank Transfer | Voncile Urrabazo | $154,020 |
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