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13% of Americans have now held crypto: JPMorgan research

Around 13% of the American population — or 43 million people — have held cryptocurrency at some point in their lives, new research from JPMorgan Chase has revealed. According to a Dec. 13 report titled “The Dynamics and Demographics of U.S. Household Crypto-Asset Use,” this number has risen dramatically since before 2020, when the figure was only around 3%. The latest data from JPMorgan comes from analyzing checking account transfers from a sample of over 5 million customers. It found that 600,000 customers in this sample group transferred cash to crypto accounts at some point during period from 2020 to 2022. The study also noted that cryptocurrency holders typically made their first crypto purchases during spikes in crypto prices. During this time, the amount of cash being sent into...

New Study Warns Over 1 Billion Young People at Risk of Hearing Loss Due to Unsafe Music Exposure

The way young people are listening to music, whether at home or at a concert, can potentially result in wide-scale hearing loss across the globe. According to a new study, a range of 670 million to 1.35 billion teens and young adults are currently in danger of losing their hearing due to unsafe listening practices. The study, published by the BMJ Global Health Journal, is titled “Prevalence and Global Estimates of Unsafe Listening Practices in Adolescents and Young Adults: A Systematic Review and Meta-Analysis.” It researched the effects of listening to music through personal listening devices (via headphones and earbuds) and attending live shows at entertainment venues such as arenas, theaters, and bars. The new research basically looked at 33 existing studies that compiled data from 35 r...

“Now I’m Feelin’ So Fly Like a Cheese Stick”: Study Uncovers Most Misheard Song Lyrics

The lyrics of dance music’s most timeless contributions are being lost in translation, but does anyone mind? A new study examines the most commonly misheard song lyrics in modern times and their effects on our understanding of the music itself.  A survey of 1,000 Americans by WordFinder revealed that the top 40 most misheard songs include several timeless electronic favorites from Far East Movement, Skrillex, Calvin Harris and more. We’re not sure if it’s the hunger talking, but comically, fans have been mistaking the hook from Far East Movement’s “Like a G6” as “now I’m feelin’ so fly like a cheese stick.” Aside from the silliness of it, this mistake is particularly interesting as listeners need only look at the title of the song ...

“Progressing Gender Representation In UK Dance Music”: A Look Into the Jaguar Foundation’s Report

On Wednesday, August 3rd, the Jaguar Foundation released a groundbreaking report, “Progressing Gender Representation in UK Dance Music,” which aims to better understand the gender balance among dance music artists and what can be done to improve it. Launched by U.K. broadcaster, DJ and journalist Jaguar, the foundation’s mission is to foster a more inclusive electronic music community. “We need this now, more than ever, to better understand the cavernous challenges that women and non-binary artists face every single day and to find positive solutions TOGETHER, so that we can collectively make the dance music industry a safer and more inclusive place,” shared Jaguar in an Instagram post. “We owe it to ourselves and we owe it to fut...

Study Reveals the Best Times to Snag Resale Concert Tickets

When it comes to buying resale tickets, FinanceBuzz says it pays to wait.  In a new study, the financial publication revealed that the best time to snag tickets to the sold-out show you’ve been eyeing may just be the day of the event itself. In fact, data revealed that discounts to resale tickets in 2022 are bountiful if you have the stomach to wait until the last minute. The study found that tickets were 33% less than the average cost when purchased on the day of the event, and 27% less on average when purchased the day before.  FinanceBuzz Scroll to Continue Recommended Articles Despite the obvious time constraints, second-hand sellers have seemingly no trouble attracting buyers at the eleventh hour, according to the data. The same study revealed that 7% of ticket vo...

Study Suggests a Link Between Musical Preference and Personality Type

Are one’s musical preferences a form of personality test? A new study conducted by the University Of Cambridge suggests that could be the case.  A large scale study encompassing 350,000 participants, collectively hailing from over 50 countries and six continents, showed a linkage between one’s stylistic preferences when it comes to music and their personality type. During the study, participants were asked to complete a personality questionnaire and complete an exercise in which they ranked popular songs.  Intriguingly, the linkage was found to be universal on a global scale, suggesting localized cultural influences were not confounding factors.  “Ed Sheeran’s song ‘Shivers’ is as likely to appeal to extraverts living in the UK as those li...

Women Made Up 27% of Music Festival Acts From 2020 to 2021, According to Study

A new study conducted by female:pressure revealed that 27% of music festival acts in 2020 and 2021 were female, an increase of 18% from 10 years ago. The data collected represented countries worldwide and with no restrictions, using a standardized form to collect single sets of data. The focus of the survey was from 109 different electronic music festivals and 159 festival editions. Once a fest was included in the data collection, the acts were counted regardless of their musical genre. They did not count installations, film screenings or discourse programs. With compounding pressure being placed on major festivals and venues around the world to be more inclusive to women, transgender, and non-binary individuals, female:pressure‘s “FACTS” study showed an increase in ...

A Fifth of Musicians Are Considering a Career Change Due to Lack of Income: Study

Instead of sweet music, musicians are hearing a death knell in the wake of the pandemic. According to a study by Help Musicians, one-fifth of musicians have considered a career change because they’re unable to make ends meet financially through music, among other factors. Other artists have done quite well on platforms like Spotify.  Help Musicians interviewed nearly 1,000 musicians to gather insight and data on how the pandemic continues to affect working musicians. One-third of the surveyed musicians noted that they were still earning nothing after the pandemic. Nine in 10 musicians are earning less than £1,000 (about $1,338) per month. Peter F Recommended Articles “Whilst much of the economy is gradually getting back to normal, it will be a long time before musicia...

Three in Four Black Music Professionals Have Experienced Racism, Study Finds

New research out of the U.K. has put numbers to the issue of racism in the music industry. Thorough and wide-reaching, the first-of-its-kind study, titled “Being Black in the UK Music Industry,” quantifies experiences of anti-Blackness and its consequences on wages, mental health and education. On both the creative and business ends, 88% of Black music professionals have experienced direct or indirect racism in their line of work, according to the study.  “We’re not allowed to be above average…We’re expected to be perfect,” one respondent described. “We’re expected to be the full package before our career has even started.”  Nearly three in four Black respondents have also experienced racial microaggressions: “...

New Study Explores Healing Qualities of Electronic Music

Does electronic music have certain “healing” qualities for those suffering from acute aches and pains?  That was a question the team at Nurofen, a developer of over-the-counter, fast-acting pain relief medications, set out to answer. The company commissioned Dr. Claire Howlin, a psychology researcher at the University College Dublin, to analyze the relationship between music and pain relief.  While Howlin had the blueprint for a track that she believed might assist in delivering natural pain relief for patients suffering from headaches, backaches, and other acute ailments, she needed a music producer to execute on the vision. Enter Anatole, a classically trained musician who had the talent to bring the resulting work, “All Of Us,” to life.&n...

Digital Audio Engages Long-Term Memory More, According to Spotify “Neuromarketing” Study

A recent study conducted by neuromarketing company Neuro-Insight for Spotify found that digital audio is more likely to engage long-term memory for details and past memories than radio, TV, social media, or digital video. The study isn’t peer-reviewed so it’s not entirely concrete, but it did reveal a few interesting data points. Neuro-Insight’s goal is to provide brands a better understanding of users’ brain activity while consuming different types of content. Spotify’s partnership with Neuro-Insight allowed them to study more than 600 subjects as they listened to various kinds of content on the platform, including rock music, rap, Latin music, and even advertisements. The researchers collected data in real-time of the subjects’ brains using steady stat...

Electronic Music Is More Infectious Than The Common Cold, Study Finds

The beat just got sicker. A new mathematical study has found a close resemblance between the spreads of epidemic disease and popular music, suggesting they gain traction through similar methods. Electronic music, researchers concluded, proved to be the most infectious of all. The Guardian reported that the study used a standard numerical model of epidemic disease, the SIR model, as their starting point, testing it against song download trends from 2007 to 2014 in the UK. The formula passed with flying colors. It described these music trends just as well as it did the spread of disease.  “It supports the idea that both music and infectious diseases depend on social connections to spread through populations,” said Dora Rosati, the study’s lead author. “...

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