Crypto’s Quiet Gains: Ownership Climbs Despite Crash in Prices

It has been a rough 18 months for cryptocurrencies. Bitcoin’s price is down over 60% since its 2021 peak, a string of crypto projects and exchanges are failing, and regulators have stepped up enforcement action against some of the industry’s biggest players. The number of people dabbling in cryptocurrency has continued to grow, evidence of the asset class’s staying power.

• 2023-06-09
• Michael Weber cryptocurrencies Pew Research Center crypto projects investors

Black, Hispanic investors struggle with faith in crypto

A software developer twice invested his savings in cryptocurrencies, only to lose it all. A recent college graduate and a single mom are dabbling hopefully in bitcoin after attending a crypto workshop sponsored by rapper Jay-Z at the public housing complex where the hip-hop star grew up. All were drawn by the idea of crypto as a pathway to wealth-building outside of traditional financial systems with a long history of racial discrimination and indifference to the needs of low-income communitie

• 2023-03-27
• Black community Signature Bank software developer cryptocurrency exchange Tonantzin Carmona Jimmy Bario Rahwa Berhe Terri Bradford Pew Research Center cryptocurrencies Marcy Houses digital currencies Kansas City Federal Reserve