Daily crypto: Mixed numbers and 72 percent of crypto investors plan to buy more this year

A new survey shows that a majority of all crypto investors plan to increase their holdings in cryptocurrencies in the coming year. In fact, 72 percent of retail investors stated that they thought to buy more cryptocurrencies in 2018. 66 percent are also expecting the price to rise during the same period.

In addition, the survey shows that even if investors are positive about cryptocurrencies, they also expect mainstream adoption for crypto to take longer compared to what they thought earlier this year, CCN reports.

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Cryptocurrencies are “here to stay”

Nasdaq is said to be underway with an analytical tool for institutional investors that can predict movements of cryptocurrencies, according to a person familiar with the stock exchange’s plans, Coindesk reports.

On the 7th of September, economic and financial ministers from European countries gathered in Vienna in Austria to discuss risks and opportunities that come with cryptocurrencies.

At the meeting, it emerged that the EU should focus on how the rules on cryptocurrencies should be mapped out and how crypto assets should be classified. According to Valdis Dombrovskis, European Commission vice president, cryptocurrencies are “here to stay”, Cointelegraph reports.

Mixed numbers at the top

Looking at the crypto markets, the top cryptocurrencies show mixed numbers. However, most major cryptocurrencies show red numbers during the last 24 hours. Those who lost the most were bitcoin cash (–2,75%), xrp (–2,36%) and ethereum (–1,87%). Bitcoin (+0,38%) has been relatively unchanged.

The cryptocurrencies on top 100 that performed the best during the last 24 hours were emercoin (+57,37%) and waves (+23,14%), and the ones that performed the worst were rchain (–12,39%) och holo (–8,42%).

*All numbers in this article are from Coinmarketcap.com.

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