How much that extra cash gives them confidence to spend more - a phenomenon economists call the wealth effect - is a hot topic whenever crypto prices are surging. A group of researchers tried to quantify it and determined that crypto bonanzas in the US aren t exactly spent like windfalls from winning the lottery. And so far, the effect has been relatively modest on the $28 trillion American economy. But if the asset class continues to boom, the study provides insight on potential game-changers in consumer patterns.
Latest news on the 2024 SK s National Assembly elections, providing comprehensive coverage of campaigns, candidates, party alliances, opinion, results and analysis.
The post 20X Potential Gains on Kelexo (KLXO) Captivate Uniswap (UNI) and Aave (AAVE) Crypto Investors appeared first on Coinpedia Fintech News Opportunities…
Recent data from Coins with report reveals that Delhi boasts the highest percentage of cryptocurrency investors in the country. However, the phenomenon extends beyond Delhi s borders, with other cities like Hyderabad, Pune, and Jaipur also witnessing a surge in crypto adoption.