Fun

More Than 65% of Oman’s Crypto Holders Are College Graduates — Study

News Feed - 2023-01-13 09:01:30

More Than 65% of Oman"s Crypto Holders Are College Graduates — Study


Approximately 65,000 of Oman’s residents are holders of crypto and a majority of these are either high school or college graduates, a new study by Souq Analyst has found. According to the study’s findings, an overwhelming majority (90%) of Oman’s crypto holders are aged between 18 and 44. Crypto Awareness in Oman


According to the findings of a new study by Souq Analyst, approximately 65,000 Oman residents, or 1.9% of the country’s adult population, own cryptocurrency. However, despite the seemingly low ratio of crypto holders relative to its population, the findings suggest that crypto awareness in Oman is significantly high. The report explains: An impressive 97.9% of Omani adults have heard about cryptocurrency, indicating an increasing level of awareness.


The study also found that an overwhelming majority (90%) of crypto-holding Oman residents are aged between 18 and 44 years.


Oman’s Highly Educated Crypto Holders


Also, in the study in which over 200 people participated, Souq Analyst found that some 66% of Oman’s crypto owners hold a bachelor’s degree or higher qualification. In addition, the study found that approximately 25% of the respondents had graduated from high school.


In terms of the composition of crypto assets held, the study findings indicate that over 55% of Oman’s crypto owners are bitcoin holders. The findings also suggest that just under 50% of the respondents own ETH while around 25% are holders of the stablecoin tether.



Concerning the value of crypto assets held, over 12% of the respondents indicated that the value of their respective portfolios exceeded $25,900 or 10,000 Oman rials. However, a larger proportion of the respondents (over 35%) own crypto assets with a U.S. dollar value that is below $259.


Meanwhile, in remarks published on the blog Laraontheblock, Mohammed Al-Tamami, the founder of Souq Analyst, lauded the study findings which are “generally useful to everyone.” Tags in this story BTC, crypto assets, crypto awareness, Crypto Ownership, ETH, Mohammed Al-Tamami, Oman crypto, oman rial, Souq Analyst


What are your thoughts on this story? Let us know what you think in the comments section below. Terence Zimwara


Terence Zimwara is a Zimbabwe award-winning journalist, author and writer. He has written extensively about the economic troubles of some African countries as well as how digital currencies can provide Africans with an escape route. Miss El Salvador Features Bitcoin in Miss Universe 2023 FEATURED | 23 hours ago Man Pleads Guilty to Stealing Bitcoin "Seized" by US Government FEATURED | 5 days ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleForbes Gives Alchemy Pay Web3 Innovation Pioneer Award Next articleBitcoin, Ethereum Technical Analysis: BTC Hits 2-Month High, Climbing Above $19,000 Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItUAE Airliner Emirates to Launch NFTs and Experiences in the Metaverse


United Arab Emirates (UAE) airliner, Emirates, has announced plans to launch non-fungible tokens (NFT) and experiences in the metaverse for its workers and customers. The launch aligns with UAE"s digital economy and virtual assets initiatives. First Projects Already Underway The ... read more.Interest in Real Estate Investments in Spain Grew 400%, With Some Using Crypto and Stocks as Payment Method Iran to Increase Penalties for Unauthorized Cryptocurrency Mining Microbt Reveals Latest Bitcoin Mining Rigs — Machines Produce up to 126 TH/s With Custom 5nm Chip Design Ethereum Foundation"s Financial Report Discloses It Holds $1.6 Billion in Assets, 80.5% Held in Ether

News Feed

Bitcoin price aims for a bullish weekly open — Will DOGE, TON, STX and FTM follow?
Rakesh Upadhyay1 hour agoBitcoin price aims for a bullish weekly open — Will DOGE, TON, STX and FTM follow?Bitcoin bulls attempt to establish control over BTC price, a move that could benefit DOGE, TON, STX and FTM.646
Telegram launches in-app browser supporting decentralized websites
Brayden Lindrea7 hours agoTelegram launches in-app browser supporting decentralized websitesThe in-app browser is available on mobile and desktop, making Web3 “immediately” accessible to Telegram"s 950 million users.
Helen Partz12 hours agoHong Kong would not go crypto without China’s approval — Animoca execChina looks at Web3 as a powerful tool to challenge the United States’ technological and economic hegemony, the Animoca co
Korean Government Says 28 Crypto Exchanges Have Met Regulatory Requirements to Continue Operations
Korean Government Says 28 Crypto Exchanges Have Met Regulatory Requirements to Continue Operations The deadline for cryptocurrency exchanges to meet the requirements to continue op
Avalanche Foundation Launches $290 Million ‘Multiverse’ Incentives Program for Subnets
Avalanche Foundation Launches $290 Million "Multiverse" Incentives Program for Subnets The Avalanche Foundation has announced a new incentives program to support the use of subnets
‘Bullish narratives’ erupt as XRP surges 35% this week
Ciaran Lyons3 hours ago‘Bullish narratives’ erupt as XRP surges 35% this weekXRP has surged 35% this week and some traders are anticipating a breakout moment, pointing to a long-term trend they’ve been observing on
Interest in Russian Crypto Channels on Telegram Declining, Analysis Shows
Interest in Russian Crypto Channels on Telegram Declining, Analysis Shows Russians have been losing interest in Telegram channels devoted to cryptocurrencies and tokens, according
Helen Partz10 hours agoBinance CEO warns of phishing scams as Uniswap founder gets hackedThe number of social engineering attacks in the cryptocurrency industry has been rising, with major execs getting hacked recently.1
Is mysterious ΑΙ ‘gpt2-chatbot’ OpenAI’s next upgrade in disguise?
Savannah Fortis9 hours agoIs mysterious ΑΙ ‘gpt2-chatbot’ OpenAI’s next upgrade in disguise?A powerful new AI chatbot called “gpt2-chatbot” appears on LMSYS Chat and has sparked speculation about whether it c
Venezuela to Incorporate Bitcoin and Litecoin Wallets into National Remittances Platform
Venezuela to Incorporate Bitcoin and Litecoin Wallets into National Remittances Platform Venezuela says it will incorporate bitcoin and litecoin wallets to its P
Bitcoin, Ethereum Technical Analysis: BTC Below $19,000 Following FOMC Minutes
Bitcoin, Ethereum Technical Analysis: BTC Below $19,000 Following FOMC Minutes Bitcoin was trading below $19,000 on Thursday, as markets reacted to the latest Federal Open Market C
Only Congress and DARPA can rein in the dangers of AI
Dean Ball6 hours agoOnly Congress and DARPA can rein in the dangers of AIAI is stretching the boundaries of existing internet protocols. A working group between DARPA, NIST and other federal agencies could help.233 Total