NFTs and SNL: Crypto keeps burrowing into the mainstream
livemint.comCrypto has been many things in its short history. 2021 was the year it became part of the mainstream.
Elon Musktweeted about it, often. It was parodied on “Saturday Night Live." Collins Dictionary dubbed “NFT," the abreviation for nonfungible tokens, its word of the year.
Institutional investors looked for ways to get in, and the first bitcoin ETF started trading. Individual traders bought crypto on their phones when they weren’t snapping up GameStop Corp.
About 16% of the U.S. population holds or has held cryptocurrencies, according to Pew Research Center. In 2015, Pew found that only 1% of Americans held or had held cryptocurrencies. The number of people holding cryptocurrencies globally doubled in 2021 to about 220 million, according to
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