Despite the difficult situation in the global economy and the uncertainty associated with the development of the second wave of coronavirus infection, Russians are in no hurry to transfer their assets to alternative means of investment.
According to a study by IDF, which was attended by residents of the country aged 18-60, 22% of respondents plan to transfer their funds from bank deposits to foreign currency, justifying this decision by the instability in financial markets and the increased rate of instruments. 18% of respondents would invest in stocks and bonds, and 20% in real estate.
It should be noted that only 10% of the research participants consider investments in cryptocurrency, and the overwhelming majority of bank depositors (38%) intend to keep their funds on deposits in the future.
XRP traders are moving assets to centralized crypto exchanges amid macro hiccups, even as the…
Major cryptocurrency XRP is surging in transaction volume even as its price index hovers around…
The stablecoin market is quietly evolving, as a new report indicates that Circle’s USDC leads…
Cardano (ADA) could be gearing up for an explosive comeback as a potentially bullish cup-and-handle…
New Bitcoin whales now control one-third (33%) of the BTC realized market capitalization held by…
Bloomberg commodity strategist Mike McGlone reiterated his prediction that Bitcoin (BTC) could fall to $10,000, calling the…