Bitcoin Boom: Over 1 Million Addresses Now Own 1 BTC

United States News News

Bitcoin Boom: Over 1 Million Addresses Now Own 1 BTC
United States Latest News,United States Headlines
  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 63%

Achievement of over one million wholecoiners is particularly significant

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

IntoTheBlock's analysis indicates that this upward trend is not a short-term phenomenon but a sustained movement. Over the years, as Bitcoin has matured, the number of addresses holding at least oneThe achievement of over one million wholecoiners is particularly significant in the context of Bitcoin's limited supply. With only 21 million Bitcoins ever to be mined, holding even one Bitcoin becomes increasingly valuable as demand continues to rise.

At the time of writing, Bitcoin had risen 0.04% in the previous 24 hours to $61,592. Adding to the melancholy on the markets is shifting expectations of U.S. interest rate cuts, which has reduced demand for the most risky assets.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Utoday_en /  🏆 295. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin to Hit $1 Million Within a Decade Amid Crypto Boom?Bitcoin to Hit $1 Million Within a Decade Amid Crypto Boom?Market Analysis by Frank Holmes covering: NVIDIA Corporation, Bitcoin, Ethereum. Read Frank Holmes's Market Analysis on Investing.com
Read more »

US spot bitcoin ETFs log $174 million in net outflows as bitcoin price strugglesUS spot bitcoin ETFs log $174 million in net outflows as bitcoin price strugglesGrayscale’s GBTC led the pack of outflows with $90 million, followed by Fidelity’s FBTC, which saw $35 million worth of outflows yesterday.
Read more »

Over $300 million in bitcoin stolen from Japanese exchange DMM BitcoinOver $300 million in bitcoin stolen from Japanese exchange DMM BitcoinJapanese crypto exchange DMM Bitcoin said more than $300 million in bitcoin has been taken from its wallet.
Read more »

Watch: RIIZE Rocks To That “Boom Boom Bass” In High-Energy Dance Practice VideoWatch: RIIZE Rocks To That “Boom Boom Bass” In High-Energy Dance Practice VideoRIIZE has shared another look at the choreography for their latest hit! On June 26, the rookie boy group from SM Entertainment released the official dance practice video for their new song “Boom Boom Bass,” which serves as the title track of their first mini album “RIIZING.
Read more »

Watch: RIIZE Excites With Chaotic 1st Teaser For “BOOM BOOM BASS” ComebackWatch: RIIZE Excites With Chaotic 1st Teaser For “BOOM BOOM BASS” ComebackRIIZE has revealed an exciting glimpse of their concept for their upcoming comeback! On June 10 at midnight KST, RIIZE released an intriguing “FIND THAT BASS” teaser video ahead of their return with their first mini album “RIIZING.
Read more »

Crypto catches M&A frenzy as bitcoin miners chase AI boomCrypto catches M&A frenzy as bitcoin miners chase AI boomCrypto companies are at the center of a wave of deal-making as bitcoin miners look for ways to use their massive data centers to jump into the world of AI.
Read more »



Render Time: 2025-02-23 03:43:30