• Crypto Lists
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Altcoin
  • Advertise With Us
  • Join our Telegram Community
Newsletter
ItsBlockchain
  • Bitcoin
    Is the Russia-Ukraine War the Biggest Test for Bitcoin? Market Update

    Is the Russia-Ukraine War the Biggest Test for Bitcoin? Market Update

    Bitcoin ETFs could have the same result as CME group futures launch in 2017

    Bitcoin ETFs could have the same result as CME group futures launch in 2017

    featured image

    How Bitcoin can be hacked?

    keep bitcoin safe

    Keep Your Bitcoins Safe: All You Need to Know About Crypto-Cyberthreats

    featured image

    Bitcoin IRA – Everything You Need to Know

    A trillion dollar tsunami is about to hit Bitcoin

    A trillion dollar tsunami is about to hit Bitcoin

    featured image

    Why Bitcoin will always be the number one cryptocurrency? Explained

    Crypto markets mirror Wall Street’s fall- Loses 100 billion in 24 hours and Delta Plus Variant creates extreme fear

    Crypto markets mirror Wall Street’s fall- Loses 100 billion in 24 hours and Delta Plus Variant creates extreme fear

    On-chain shows Divergence against Bearish Price-Action, But Bitcoin continues to stay in the Re-Accumulation Phase

    On-chain shows Divergence against Bearish Price-Action, But Bitcoin continues to stay in the Re-Accumulation Phase

    Trending Tags

    • Crypto Gems
    • NFT
    • DEFI
    • Crypto Lists
    • Altcoin
    • Crypto Market
    • Guide
    • IBC Capital
    No Result
    View All Result
    • Bitcoin
      Is the Russia-Ukraine War the Biggest Test for Bitcoin? Market Update

      Is the Russia-Ukraine War the Biggest Test for Bitcoin? Market Update

      Bitcoin ETFs could have the same result as CME group futures launch in 2017

      Bitcoin ETFs could have the same result as CME group futures launch in 2017

      featured image

      How Bitcoin can be hacked?

      keep bitcoin safe

      Keep Your Bitcoins Safe: All You Need to Know About Crypto-Cyberthreats

      featured image

      Bitcoin IRA – Everything You Need to Know

      A trillion dollar tsunami is about to hit Bitcoin

      A trillion dollar tsunami is about to hit Bitcoin

      featured image

      Why Bitcoin will always be the number one cryptocurrency? Explained

      Crypto markets mirror Wall Street’s fall- Loses 100 billion in 24 hours and Delta Plus Variant creates extreme fear

      Crypto markets mirror Wall Street’s fall- Loses 100 billion in 24 hours and Delta Plus Variant creates extreme fear

      On-chain shows Divergence against Bearish Price-Action, But Bitcoin continues to stay in the Re-Accumulation Phase

      On-chain shows Divergence against Bearish Price-Action, But Bitcoin continues to stay in the Re-Accumulation Phase

      Trending Tags

      • Crypto Gems
      • NFT
      • DEFI
      • Crypto Lists
      • Altcoin
      • Crypto Market
      • Guide
      • IBC Capital
      No Result
      View All Result
      ItsBlockchain
      No Result
      View All Result
      Home Cryptocurrency

      Nearly 40% of Chinese Willing to buy Cryptocurrencies, Finds New Survey

      Hitesh Malviya by Hitesh Malviya
      January 8, 2019
      in Cryptocurrency
      0 0
      0
      cryptocurrency news
      29
      SHARES
      286
      VIEWS
      Share on FacebookShare on Twitter

      The cryptocurrency market and the blockchain industry is entering its 11th year of existence in 2019 and has managed to create quite a storm in this short decade. In the beginning, nobody was willing to be associated with the cryptocurrency market or its ins and outs, but with time, we have seen that governments and regulatory boards are studying the market in order to find suitable regulations.

      But the cryptocurrency market remains a very niche space. A very small percentage of people know about it and within that, even lesser people own cryptocurrencies and understand what they are.

      Surveys Around the World

      In a recent study, researchers found that 40% of the Chinese population are open to investing in cryptocurrencies. They surveyed 5,000 people about their knowledge about and willingness to enter the cryptocurrency market and found that 40% of them were likely to want to invest in the cryptocurrency market and a smaller portion of that only claimed to understand it.

      In the 60% who said that they would not invest in cryptocurrencies, a very prominent reason for that decision was because they found it too hard to use the wallet applications and exchanges that help people get into the cryptocurrency market.

      For a long time, the cryptocurrency market has just been viewed as alternative investment avenues and strategies. And it has also been a very millennial trend, being involved in the cryptocurrency market.  

      The same survey was done in other parts of the world and came back with similar results. While people are okay with investing in the cryptocurrency market, not many of them understand the blockchain technology or how and what to do with them.

      People from the UK responded saying 93% of them had heard about Bitcoin and/or blockchain, but out of that only 23% of responders claimed to understand the technology well enough. Another interesting statistic that came out of the UK was that one in five people thought that they are as common as cash or card.

      Latest News : ICE Announces Bakkt Partners

      Lack of Know-How

      One of the biggest barriers in the cryptocurrency market is the lack of know-how. People are very unsure about the market and it is a very exclusive one at that. To make it more inclusive the cryptocurrency community will have to make space and time to teach newbie and make the market inclusive.

      These statistics from around the world just go towards proving the same. To make the cryptocurrency market more inclusive there are many changes that need to be made. The other trend that is on the rise is that most universities and colleges across the world offer at least one course on the blockchain and/or cryptocurrency market.   

      Hitesh Malviya

      Hitesh Malviya is the Founder of ItsBlockchain. He is one of the most early adopters of blockchain & cryptocurrency enthusiast in India. After being into space for a few years, he started IBC in 2016 to help other early adopters learn about the technology.
      Before IBC, Hitesh has founded 4 companies in the cyber security & IT space.

      IBC-Transparent-Logo-(1)

      Subscribe To Our Newsletter

      Join our mailing list to receive Cryptocurrency investing and trading recommendations to your mailbox.

      You have Successfully Subscribed!

      Tags: Chinachina cryptocurrency newschineseCrypto newscryptocurrency newslatest cryptocurrency news
      Share15Tweet6Share2

      Subscribe to get notified on latest posts.

      Unsubscribe

      Related Posts

      RINO Enterprise Wallet launches free Community Edition

      RINO Enterprise Wallet launches free Community Edition

      by Hitesh Malviya
      January 14, 2023
      0

      RINO, an enterprise-focused Monero Wallet, has recently launched a free Community Edition that allows everyone to benefit from some of...

      Learn How to Find Undervalued Coins

      Learn How to Find Undervalued Coins

      by Aniketh Paul
      October 29, 2022
      0

      Let's Learn How to Find Undervalued Coins using an amazing fundamental research tool called token terminal. Many times people judge...

      Top 5 upcoming Token Airdrops (Step-by-Step Guides)

      Top 5 upcoming Token Airdrops (Step-by-Step Guides)

      by Aniketh Paul
      November 22, 2022
      0

      Token airdrop is the new trend in the market that is popping up in popularity after Aptos Token Airdrop Event....

      Top 10 Ways to Make Money in Crypto

      Top 10 Ways to Make Money in Crypto

      by Aniketh Paul
      October 19, 2022
      0

      Making money in every domain is challenging but in crypto, it’s totally different. There are many ways you can create...

      IOX Token Offers A High APY Per Day Through Staking Rewards And BNB Dividends

      IOX Token Offers A High APY Per Day Through Staking Rewards And BNB Dividends

      by Hitesh Malviya
      September 16, 2022
      0

      IOX is a new staking decentralized application (Dapp) that provides all users an excellent return on investment. Through IOX, users...

      Load More

      About Us

      We curate the best cryptocurrency projects with the intention of adding value for investors through the process of selecting, organizing, and looking after different projects available in the cryptocurrency market.

      • Trending
      • Comments
      • Latest
      featured image

      List of leading partners of Ripple, and How they use XRP?

      February 2, 2021
      Top 5 upcoming Token Airdrops (Step-by-Step Guides)

      Top 5 upcoming Token Airdrops (Step-by-Step Guides)

      November 22, 2022
      Lens Protocol: Everything You need to Know

      Lens Protocol: Everything You need to Know

      November 18, 2022
      featured image

      List of ChainLink Partnerships which skyrocketed the growth of LINK cryptocurrency

      February 2, 2021
      What Blockchain Can Learn From Barnes & Noble and the Jacksonville Jaguars

      What Blockchain Can Learn From Barnes & Noble and the Jacksonville Jaguars

      January 17, 2023
      Modular Blockchains: The Next Big Thing in Web3

      Modular Blockchains: The Next Big Thing in Web3

      December 12, 2022
      bittube

      BitTube : Better than Youtube

      November 4, 2018
      What Blockchain Can Learn From Barnes & Noble and the Jacksonville Jaguars

      What Blockchain Can Learn From Barnes & Noble and the Jacksonville Jaguars

      January 17, 2023
      RINO Enterprise Wallet launches free Community Edition

      RINO Enterprise Wallet launches free Community Edition

      January 14, 2023
      Top 5 DeFi Projects on Tezos

      Top 5 DeFi Projects on Tezos

      December 26, 2022
      Modular Blockchains: The Next Big Thing in Web3

      Modular Blockchains: The Next Big Thing in Web3

      December 12, 2022
      A Dummy’s Guide to Ethereum Rollups

      A Dummy’s Guide to Ethereum Rollups

      November 30, 2022
      Tezos Blockchain is Always Under the Radar but Continues to Excel

      Tezos Blockchain is Always Under the Radar but Continues to Excel

      November 22, 2022
      Lens Protocol: Everything You need to Know

      Lens Protocol: Everything You need to Know

      November 18, 2022
      • Top 10 Cheap Cryptocurrencies with Huge Potential in 2021 | Best Penny Crypto Coins

        Top 10 Cheap Cryptocurrencies with Huge Potential in 2021 | Best Penny Crypto Coins

        29613 shares
        Share 11834 Tweet 7397
      • A Mysterious Bitcoin Whale who sold 3000 Bitcoins at 58K$, Bought back 3521 Bitcoins in the last three days

        9924 shares
        Share 3969 Tweet 2481
      • Top 10 Low market cap altcoins to invest in 2021

        7256 shares
        Share 2901 Tweet 1813
      • Top 10 NFT Crypto Projects You Should Know

        7254 shares
        Share 2618 Tweet 1637
      • List of leading partners of Ripple, and How they use XRP?

        5975 shares
        Share 2390 Tweet 1494
      ItsBlockchain

      We are India’s first and oldest Blockchain & Cryptocurrency publication platform started in 2016. We are a one-stop destination for technical analysis, cryptocurrency recommendations, and Blockchain technology resources.

      Buying Guides

      • Buy Bitcoins in India
      • Buy Bitcoins in China
      • Buy bitcoins in Russia
      • Buy Bitcoins in Japan
      • Buy Bitcoins in Turkey

      Important Links

      • Home
      • About US
      • Privacy Policy
      • Promote Your ICO
      • Submit post

      Follow Us

      Contact us

      support@itsblockchain.com

      © 2020 itsblockchain.com - Designed and maintained by Fanatic Coders

      No Result
      View All Result
      • Bitcoin
      • Crypto Gems
      • NFT
      • DEFI
      • Crypto Lists
      • Altcoin
      • Crypto Market
      • Guide
      • IBC Capital

      © 2020 itsblockchain.com - Designed and maintained by Fanatic Coders

      Login to your account below

      Forgotten Password?

      Fill the forms bellow to register

      All fields are required. Log In

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In
      This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.