The Wild West Crypto Show continues to give the lowdown on the crypto markets – and much more. During episode 104, titled ‘Cryptos Are Stabilizing: Fallout Will Bolster Cryptos’, hosts Drew Taylor and Brent Bates discussed new developments in the space and the results of two recent surveys that reveal what people think of cryptocurrencies and other asset classes.
In addition, Manny Alicandro appeared on the show once again. The New York City-based attorney has launched his own show – ‘Manny’s Point of View’ – that can be streamed on Flixx, a new streaming website.
For his weekly update, Jonathan Keim, communications director of CryptoCurrencyWire, provided his usual three newsbreaks.
Crypto users will be happy to know that Civic Technologies, a leading innovator in digital wallet solutions, has launched the first and only noncustodial crypto wallet to offer a $1 million digital currency guarantee provided by Coincover (http://ccw.fm/D8ta6). Coincover, a provider of risk-management solutions, offers policies that protect cryptocurrencies held in online wallets against theft from hacks. The policies will be underwritten by the Lloyd’s of London insurance syndicate, Atrium.
A survey conducted by Visual Objects showed that people’s perceptions of how cryptocurrencies are used vary considerably from actual usage (http://ccw.fm/sy3Jm). Survey participants think that cryptocurrencies are mostly employed to purchase stocks (40%) and illegal items (30%), but actual cryptocurrency consumers say their purchases go primarily to food (38%) and clothing (34%), while 29% of respondents reported that they used cryptocurrencies primarily to buy stocks.
A separate survey revealed what asset classes Americans think are the safest for a retirement account (http://ccw.fm/33bpW). Naturally, cash topped the list, with one-third of all participants indicating that they viewed cash as the safest investment during uncertain times. Gold and silver were viewed as the safest by close to 17% of those surveyed, while stocks and bonds were chosen by 15.1% of participants. Just 1% of those sampled chose crypto assets. Based on those results, faith in crypto remains very low amongst the broader population.
For the latest episode, which includes CryptoCurrencyWire’s ongoing segment featuring the latest news from around the world, visit http://ccw.fm/WozH7
About CryptoCurrencyWire (“CCW”)
CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.
To receive instant SMS alerts, text CRYPTO to 888-902-4192 (U.S. Mobile Phones Only)
CryptoCurrencyNewsWire is where News, content and information converge via Crypto.
For more information, please visit https://www.cryptocurrencywire.com
Please see full terms of use and disclaimers on the CryptoCurrencyWire (CCW) website applicable to all content provided by CCW, wherever published or re-published: http://CCW.fm/Disclaimer
CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com
CryptoCurrencyWire is part of the InvestorBrandNetwork.
October began with strong momentum for Bitcoin and the broader crypto market, but the excitement…
The stablecoin market has reached a historic milestone, crossing the $300 billion mark in total…
Wall Street giant Morgan Stanley has encouraged investors to consider allocating between 2% and 4%…
Russia is taking steps to create its own system for managing crypto transactions through government-backed…
Beeline Holdings Inc. continues to see growing opportunities in the millennials and Gen Z market…
The company has eliminated more than $7 million in debt, excluding warehouse credit lines tied…