High Net Worth Americans Increasingly Invest in Cryptocurrency, Survey Reveals
According to PANews, a recent survey conducted by Grayscale Investments and Harris Poll indicates that 26% of American high net worth individuals, defined as those with over $1 million in investable assets, hold cryptocurrency. This figure surpasses the national average of 20%. Furthermore, 38% of these affluent investors anticipate incorporating crypto assets into their future portfolios, with 53% of those under 50 years old and 22% of those over 50 expressing this expectation.The survey highlights that high net worth investors are increasingly influenced by factors such as the approval of spot Bitcoin ETFs, inflation, and geopolitical events, leading to heightened interest in the crypto market. Notably, 36% of these investors are closely monitoring Bitcoin. Additionally, 42% of high net worth individuals have acquired crypto assets based on recommendations from financial advisors, significantly higher than the 27% of average investors who have done the same.Moreover, the survey reveals that 43% of investors over 50 and 48% of those under 50 are waiting for clearer regulatory policies before further engaging in the crypto market.
I am starting to imagine that if KAMALA HARRIS had won the elections, it would have been much better for the crypto world than this manipulative buffoon. Do you agree?. KAMALA.
Binance Places GoPlus Security (GPS) Under Monitoring Tag Due to Market Irregularities
Key Takeaways:Binance has extended its Monitoring Tag to GoPlus Security (GPS) due to suspicious market-making behavior following its spot listing.A market maker offloaded 70 million GPS tokens between March 4 and March 5, 2025, while placing no buy orders, causing a significant price drop.The market maker earned approximately 5 million USDT, raising concerns about manipulative trading practices.Binance has temporarily suspended the market makerâs account and is conducting a follow-up investigation.GPS traders must now pass a risk quiz every 90 days to continue trading it on Binance Spot and Binance Margin.Why GPS Was Added to Binanceâs Monitoring Tag ListBinance has flagged GoPlus Security (GPS) under its Monitoring Tag system, signaling higher volatility and risk for the token. The decision follows concerns over a mass sell-off by a market maker, who offloaded 70 million GPS tokens immediately after trading opened.Key irregularities include:The market maker placed no buy orders while aggressively selling GPS tokens.Continuous selling pressure led to a sharp decline in GPS price.The market makerâs Binance account has been suspended pending an investigation.âTokens with the Monitoring Tag exhibit notably higher volatility and risks. These tokens are closely monitored and could be delisted if they fail to meet our listing criteria,â Binance stated in its announcement.
White House: âTrump to make investment announcement on Wednesday afternoonâ The US White House has announced that âPresident Donald Trump will make an âinvestment announcementâ at 1:30 p.m. ET,â according to Walter Bloomberg on his News X account. âTomorrow night is going to be great,â Trump said on his Truesocial account. I'm going to tell it like it is.â There is no word yet on whether the announcement will be crypto-related.
$BIO A bullish pattern has formed near the support level in BIO/USDT in 1 hour time frame. If there is an upward breakout of this pattern, we can take a short trade, but one should always keep in mind the possibility that the market can give a false breakout downwards to trap early traders. Hence, proper risk management and market analysis is important before taking a trade to avoid unnecessary risks. đŤ Stop Loss [ 0.1540//0.1200 ] â Entry [ 0.1670//0.1270 ] đŻ TR [ 0.1860//0.2160//0.2460]
#BTCHovers100k #MarketRebound #BitcoinReserveWave
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