Crypto awareness in Singapore has reached a high of 94%, according to a recent survey by Independent Reserve. However, actual cryptocurrency ownership has decreased significantly, dropping from 40% in 2023 to 29% in 2024. The survey, which involved 1,500 respondents, highlighted that male investors (35%) are more active in the space compared to female investors (24%). The majority of cryptocurrency holders are primarily from the millennial and Gen X demographics, accounting for 71% of all investors. Despite declining ownership, sentiment remains largely positive, with 53% of current holders planning to increase their investments over the next year. Bitcoin remains the dominant digital asset, held by 68% of investors, and 77% believe its value will exceed $100,000 by 2030. The survey also noted a growing interest in stablecoins and arbitrage trading among investors. Singapore continues to position itself as a significant player in the global crypto landscape, with an emphasis on regulatory advancements and a robust job market in the blockchain sector.

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