They’re Obsessed With CRYPTO!! This Report Explains It All!
Published: 2024-02-29
Status:
Available
|
Analyzed
Published: 2024-02-29
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Despite restrictions, China had 900,000 active Binance users and $90 billion in traded volume in May alone.
"China was binance's biggest market last year with 900,000 active users These users were responsible for a whopping 90 billion of traded volume in May alone"
Pending
China's crypto 'ban' is interpreted as a 'drag' rather than a complete prohibition, with avenues for trading still available.
"the restrictions that are described in terms of a blanket crypto ban in the western media are more akin to a drag in other words if you really want to buy and sell crypto there is no shortage of holes you can slip through"
Pending
A Chinese law firm stated that China has no laws or regulations prohibiting Bitcoin trading activities.
"China and I quote has no laws or administrative regulations prohibiting Bitcoin trading activities"
Pending
Authorities from a Fujian Province court indicated that administrative laws and policies do not entirely prohibit virtual currency transactions.
"the administrative laws and policies do not completely prohibit virtual currency transactions"
Pending
Nearly 90% of Chinese crypto respondents indicated that crypto constitutes over half of their investment portfolio, suggesting high risk tolerance.
"China came out on top with almost 90% of respondents saying that cryptocurrency accounts for more than half of their portfolio"
Pending
56% of Vietnamese respondents reported holding large amounts of stablecoins.
"In Vietnam 56% said they were holding large amounts of staes"
Pending
Only 22% of Thai respondents reported holding large amounts of stablecoins.
"whereas just 22% of respondents in Thailand said the same"
Pending
Thai crypto investors have exceptionally high profit expectations, averaging 10.4x on their initial investment.
"Thailand is apparently East Asia's very own Lambo moonboy with respondents reporting expected gains of 10.4x on average"
Pending
South Korean crypto investors are significantly more pessimistic, expecting only a 2.6x return on their initial investment.
"respondents in South Korea appear to be incredibly pessimistic compared to the rest of the region expecting a 2.6x on their initial investment"
Pending
Over 40% of respondents in Vietnam indicated they would participate in token sales.
"respondents in Vietnam and Thailand appear exceptionally eager to ape in both countries a little over 40% of respondents said they would participate in token sales"
Pending
Over 40% of respondents in Thailand indicated they would participate in token sales.
"respondents in Vietnam and Thailand appear exceptionally eager to ape in both countries a little over 40% of respondents said they would participate in token sales"
Pending
A majority of Chinese respondents (mid-60% range) would consider buying tokens later, suggesting a delayed investment approach.
"considered to buy later was by by far the most common response in China and Taiwan with both in the mid 60% range"
Pending
A majority of Taiwanese respondents (mid-60% range) would consider buying tokens later, suggesting a delayed investment approach.
"considered to buy later was by by far the most common response in China and Taiwan with both in the mid 60% range"
Pending
In South Korea, close to 0% would participate in token sales, and 14% would not invest at all, indicating a highly cautious approach.
"close to zero respondents said they would participate in token sales and around 14% said they wouldn't invest at all These responses were respectively the lowest and the highest among all countries surveyed"
Pending
Over 75% of Vietnamese respondents reported investing in DeFi tokens.
"More than 75% of respondents in Vietnam reported investing in defi tokens"
Pending
South Korea reported an exceptionally high level of social product usage within the Web3 space.
"the survey data showed an exceptionally high level of social product usage reported in South Korea"
Pending
Binance had 900,000 active users in China in the previous year, generating $90 billion in traded volume in May alone.
"China was binance's biggest market last year with 900,000 active users These users were responsible for a whopping 90 billion of traded volume in May alone"
Pending
China's crypto restrictions are more of a 'drag' than a complete ban, allowing individuals to find ways to buy and sell crypto.
"the restrictions that are described in terms of a blanket crypto ban in the western media are more akin to a drag in other words if you really want to buy and sell crypto there is no shortage of holes you can slip through"
Pending
China has not explicitly outlawed the ownership of cryptocurrency or peer-to-peer trading among individuals.
"the government never said it was illegal to own cryptocurrency nor for individuals to trade crypto peer-to-peer"
Pending
According to a Chinese law firm, there are no specific laws or regulations in China that prohibit Bitcoin trading activities.
"China has no laws or administrative regulations prohibiting Bitcoin trading activities"
Pending
Administrative laws and policies in China do not fully prohibit virtual currency transactions.
"the administrative laws and policies do not completely prohibit virtual currency transactions"
Pending
Approximately 90% of Chinese respondents in the survey indicated that cryptocurrency constitutes more than half of their investment portfolio.
"90% of respondents saying that cryptocurrency accounts for more than half of their portfolio"
Pending
Thai respondents in the survey reported an average expected gain of 10.4x on their crypto investments.
"respondents reporting expected gains of 10.4x on average"
Pending
South Korean respondents in the survey expressed pessimistic profit expectations, anticipating only a 2.6x return on their initial investment.
"expecting a 2.6x on their initial investment"
Pending
Over 40% of respondents in Vietnam and Thailand indicated willingness to participate in token sales.
"both countries a little over 40% of respondents said they would participate in token sales"
Pending
In China and Taiwan, 'consider to buy later' was the most frequent response (mid-60% range) regarding investing in tokens of familiar products.
"considered to buy later was by by far the most common response in China and Taiwan with both in the mid 60% range"
Pending
70% of South Korean respondents chose 'not sure, need to research more,' indicating a cautious approach to investing in tokens of familiar products.
"not sure need to research more which accounted for 70% of all responses"
Pending
Respondents in Vietnam and China show a preference for investing in DeFi tokens.
"Vietnam and China prefer token Investments particularly within defi"
Pending
In Vietnam, over 75% of respondents reported investing in DeFi tokens, while less than half reported actively using DeFi products.
"More than 75% of respondents in Vietnam reported investing in defi tokens while the percentage who reported using di products is below half of that"
Pending
South Korea reported an exceptionally high level of usage for social fi products.
"an exceptionally high level of social product usage reported in South Korea"
Pending