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

Blackrock CEO Expects Inflation to Persist, but No Major US Recession in 2023
Blackrock CEO Expects Inflation to Persist, but No Major US Recession in 2023 Blackrock’s CEO, Larry Fink, stated in an interview on Friday that he does not anticipate a “b
Polygon-Based Decentralized Exchange Quickswap Loses $220K in Flash Loan Exploit
Polygon-Based Decentralized Exchange Quickswap Loses $220K in Flash Loan Exploit On Monday, the Polygon-based decentralized exchange (dex) Quickswap lost $220K in a flash loan expl
Market Update: Bitcoin World Reserve Theories, Market Cap Loses $16B, Analyst Predicts $7,500 ETH
Market Update: Bitcoin World Reserve Theories, Market Cap Loses $16B, Analyst Predicts $7,500 ETHDigital currency markets are down on Sunday evening roughly 2.14% as global trade vo
El Salvador Starts Mass Buying Bitcoin Ahead of BTC Becoming Legal Tender Tomorrow
El Salvador Starts Mass Buying Bitcoin Ahead of BTC Becoming Legal Tender Tomorrow Bitcoin will become legal tender in El Salvador on Tuesday, Sept. 7. The Salvadoran government ha
Circle enables USDC transfers for BlackRock’s first tokenized fund
Helen Partz10 hours agoCircle enables USDC transfers for BlackRock’s first tokenized fundBlackRock USD Institutional Digital Liquidity Fund, the first tokenized fund launched by BlackRock, can now be transferred to Cir
Shellfish Plant Is Putting Scallops on IBM’s Food Tracking Blockchain
A seafood plant is working with IBM to track the provenance of fresh scallops using blockchain technology. The Raw Seafoods plant in Fall River, Massachusetts, is collaborating with
Institutional tokenization will propel Web3 forward — Jason Dehni
Vince Quill6 hours agoInstitutional tokenization will propel Web3 forward — Jason DehniThe real-world asset tokenization market is projected to reach $2 trillion by 2030 despite a rocky start, according to McKinsey &am
Ethereum Network Fees Jump Above Bitcoin Transaction Fees for Two Weeks Straight
Ethereum Network Fees Jump Above Bitcoin Transaction Fees for Two Weeks StraightThis week digital currency enthusiasts have been discussing network fees, specifically transaction fe
Bitcoin Price To $140,000 Or $67,000? Analyst Weighs In On Interesting BTC Setup
Este artículo también está disponible en español. After an unexpected bearish plot twist in the past week, the Bitcoin price action has been pretty quiet over the weekend
Bitcoin Price Could Run Up To $131,000 — But It Must Hold Above This Level
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
OpenAI turns to Broadcom as Musk, Zuckerberg snatch up Nvidia AI chips
Tristan Greene7 hours agoOpenAI turns to Broadcom as Musk, Zuckerberg snatch up Nvidia AI chipsThe run on training hardware has put chipmakers at the forefront of the general artificial intelligence boom.794 Total views2
ZOIDS WILD NFT ARENA Launches Frontier Test Today
ZOIDS WILD NFT ARENA Launches Frontier Test Today press release PRESS RELEASE.ZOIDS WILD NFT ARENA, a blockchain trading card game presented by Z SPOT and developed by ACT Games, la