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Crypto

Gen Z buys more ETFs than millennials and Gen X in surprise twist for \'coin generation\'

Gen Z investors using crypto exchanges trade equity products less frequently than millennials and Gen X, but keep more money in ETFs and individual stocks than in leveraged products, Binance Research data showed. Gen Z’s ETF share of spot stock trading rose to 25% in early August from 14.6% in June, outpacing millennials. Gen Z accounts also showed more buy-and-hold behaviour, while leveraged products were used more for short-term trading.

Crypto

Gen Z shut out of housing market turns to bitcoin-backed loans

A claim has emerged that bitcoin is drawing attention as a new way for Gen Z to build assets as entry into the housing market becomes harder. The approach involves using bitcoin as collateral, rather than selling it, to secure loans for funds needed to buy a home. Comments cited by Bitcoin Magazine point to a shift away from home-centred wealth building as Gen Z’s share of new home purchases falls below 5 percent, though risks remain.

Telecommunications & Media

SpaceX to begin rolling out super-sized Starlink V3 satellites on Sept. 22

Elon Musk (일론 머스크), CEO of SpaceX, said deployment of the third-generation communications satellite Starlink V3 will begin this month. He said the constellation will ultimately provide more than 100 times the bandwidth of the current 11,000-satellite fleet. The comments are seen as targeting Starship’s 14th test flight on Sept. 22, which is planned to place 26 Starlink V3 satellites into orbit.