Bitcoinadoption
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JUST IN: šŗšø $9 trillion BlackRock has made receiving SEC approval for its spot BitcoinĀ ETF "a key corporate priority" ā FOX Business
#Bitcoin #BitcoinETF #Bitcoinadoption
#Bitcoin #BitcoinETF #Bitcoinadoption
ā”ļø #Bitwise CIO Matt Hougan highlighted that despite recent political interest in #Bitcoin , the crypto market isnāt bullish enough.
At the Bitcoin 2024 conference, US politicians discussed substantial Bitcoin initiatives, like building a national stockpile.
Hougan noted that while politicians might not genuinely support $BTC , theyāre responding to growing public interest.
#Bitcoinadoption #BitcoinNews #TrendingTopic
At the Bitcoin 2024 conference, US politicians discussed substantial Bitcoin initiatives, like building a national stockpile.
Hougan noted that while politicians might not genuinely support $BTC , theyāre responding to growing public interest.
#Bitcoinadoption #BitcoinNews #TrendingTopic
š #Bitcoin futures open interest hits a 2024 high.
As the S&P 500 nears record highs and bond yields rise, #investors are shifting from fixed-income to $BTC
#BitcoinFutures #Bitcoinadoption #TrendingTopic
As the S&P 500 nears record highs and bond yields rise, #investors are shifting from fixed-income to $BTC
#BitcoinFutures #Bitcoinadoption #TrendingTopic
Semler Scientific adopts Bitcoin as primary treasury asset
#SemlerScientific ( $SMLR ) has announced the adoption of #Bitcoin as its primary treasury reserve asset.
The company has purchased 581 $BTC for $40 million.
#BitcoinNews #Bitcoinadoption #TrendingTopic
#SemlerScientific ( $SMLR ) has announced the adoption of #Bitcoin as its primary treasury reserve asset.
The company has purchased 581 $BTC for $40 million.
#BitcoinNews #Bitcoinadoption #TrendingTopic
Updated List of the Largest Bitcoin Holders ā Satoshi Nakamoto Could Drop to Second Place
After the recent rise in the price of #bitcoināļø , the worldās largest cryptocurrency, significant changes have been observed, particularly in U.S.-listed spot ETFs. This market movement has also caused shifts in the ranking of the wallets holding the most $BTC .
Bitcoin Price Growth and Increase in ETF Investments
In the past week, Bitcoinās price surged by an impressive 7.59%. This growth attracted investors, resulting in a substantial increase in capital flowing into BTC ETFs. Over the past day, approximately half a billion dollars have been transferred into these funds, reflecting growing interest in Bitcoin investments through these financial products.
The total net inflow into #BTCā ETFs is now nearing the $20 billion mark, a milestone that is rapidly approaching. This surge in investments suggests that investors are confident in Bitcoin's continued price growth and its long-term market stability.
Approaching Satoshiās Holdings
These ETFs are steadily moving toward holding a total of 1 million BTC. Currently, with 938,533 BTC, they have already reached 94% of this target. The next significant goal is to surpass the 1.1 million BTC owned by Bitcoinās anonymous creator, Satoshi Nakamoto. If the ETFs reach this milestone, Satoshi could, for the first time, be overtaken as the largest Bitcoin holder.
The Largest Bitcoin Holders According to Current Data:
Satoshi Nakamoto: 1.1 million BTCBinance: 670,571 BTCBlackRock: 370,842 BTCGrayscale: 253,520 BTCMicroStrategy: 252,220 BTCU.S. Government: 203,239 BTCChinese Government: 194,000 BTCBitfinex: 191,244 BTCFidelity: 183,687 BTCKraken: 171,149 BTCFirst Block: 164,000 BTCRobinhood: 144,127 BTC
These figures show that not only individuals but also government institutions and large companies hold a significant share of the Bitcoin market. The ETF crossing the 1 million BTC threshold could bring a major shift in the hierarchy of Bitcoin holders.
#bitcoinholders , #SatoshiNakamoto , #Bitcoinadoption
Stay one step ahead ā follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.ā
Bitcoin Price Growth and Increase in ETF Investments
In the past week, Bitcoinās price surged by an impressive 7.59%. This growth attracted investors, resulting in a substantial increase in capital flowing into BTC ETFs. Over the past day, approximately half a billion dollars have been transferred into these funds, reflecting growing interest in Bitcoin investments through these financial products.
The total net inflow into #BTCā ETFs is now nearing the $20 billion mark, a milestone that is rapidly approaching. This surge in investments suggests that investors are confident in Bitcoin's continued price growth and its long-term market stability.
Approaching Satoshiās Holdings
These ETFs are steadily moving toward holding a total of 1 million BTC. Currently, with 938,533 BTC, they have already reached 94% of this target. The next significant goal is to surpass the 1.1 million BTC owned by Bitcoinās anonymous creator, Satoshi Nakamoto. If the ETFs reach this milestone, Satoshi could, for the first time, be overtaken as the largest Bitcoin holder.
The Largest Bitcoin Holders According to Current Data:
Satoshi Nakamoto: 1.1 million BTCBinance: 670,571 BTCBlackRock: 370,842 BTCGrayscale: 253,520 BTCMicroStrategy: 252,220 BTCU.S. Government: 203,239 BTCChinese Government: 194,000 BTCBitfinex: 191,244 BTCFidelity: 183,687 BTCKraken: 171,149 BTCFirst Block: 164,000 BTCRobinhood: 144,127 BTC
These figures show that not only individuals but also government institutions and large companies hold a significant share of the Bitcoin market. The ETF crossing the 1 million BTC threshold could bring a major shift in the hierarchy of Bitcoin holders.
#bitcoinholders , #SatoshiNakamoto , #Bitcoinadoption
Stay one step ahead ā follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.ā
šØ BIG BREAKING:
Fidelityās $FBTC just bought $117.1M worth of #Bitcoin on October 11! š°š„
š Fidelity now holds over 180,000 BTC
š¼ One of the largest institutional holders of Bitcoin
š Massive vote of confidence in Bitcoinās future
Is this the next big move for BTC? š
#Bitcoinadoption #Fidelity #CryptoNewsšš„ $BTC
Fidelityās $FBTC just bought $117.1M worth of #Bitcoin on October 11! š°š„
š Fidelity now holds over 180,000 BTC
š¼ One of the largest institutional holders of Bitcoin
š Massive vote of confidence in Bitcoinās future
Is this the next big move for BTC? š
#Bitcoinadoption #Fidelity #CryptoNewsšš„ $BTC
šš¬ š šš šš”šš¢š« ššš«šØš¦š ššØš°šš„š„ š”š¢š§šš¢š§š šš š š«šššš¬š¬š¢šØš§ š¢š§ 025?
š»According to Powell, The US economy is showing signs of recession despite the healthy 3% growth of GDP in the second quarter of the current year.š
š»Although FED has signalled rate cuts in interest rates to pump economy.
š»Historical indicators suggest a likely recession with unemployment rate rising to 4.3% .
āŖļøAmid this uncertainty, The US government is now the 3rd largest #Bitcoin holder, beating BlackRock.š„
āŖļøUS elections will be the deciding factor if govt adopt Pro-Crypto policies leading to better days for crypto š«
#PowellAtJacksonHole #USDataImpact #Bitcoinadoption #CryptoPolicy #Write2Earn!
š»Although FED has signalled rate cuts in interest rates to pump economy.
š»Historical indicators suggest a likely recession with unemployment rate rising to 4.3% .
āŖļøAmid this uncertainty, The US government is now the 3rd largest #Bitcoin holder, beating BlackRock.š„
āŖļøUS elections will be the deciding factor if govt adopt Pro-Crypto policies leading to better days for crypto š«
#PowellAtJacksonHole #USDataImpact #Bitcoinadoption #CryptoPolicy #Write2Earn!
$BNB
Bitcoin Exchange Users on the Rise: Binance Leads the Pack in Daily Transactions
The cryptocurrency market is witnessing a surge in user adoption, with projections indicating an influx of 100 million new users on Bitcoin exchanges. This significant rise in user base is a strong indicator of the growing mainstream acceptance of Bitcoin and other digital currencies.
Leading the pack in daily transaction volume is Binance, a prominent cryptocurrency exchange. Binance alone processes a staggering $15.1 billion worth of transactions every day, highlighting the platform's dominance in the market. This substantial trading activity further underscores the increasing demand for cryptocurrencies.
The influx of new users and the high trading volume on platforms like Binance suggest a promising future for Bitcoin and the broader cryptocurrency market. This growth is likely driven by several factors, including:
Increased awareness and understanding of cryptocurrency: Bitcoin and other digital currencies are becoming more widely understood by the general public. This is leading to a greater interest in investing in and using cryptocurrencies.
Accessibility and ease of use: User-friendly cryptocurrency exchanges and platforms are making it easier for people to buy, sell, and trade cryptocurrencies.
Potential for high returns: The cryptocurrency market has the potential for high returns, which is attracting investors looking for alternative investment opportunities.
While the future of cryptocurrency remains uncertain, the current trends suggest that Bitcoin and other digital currencies are here to stay. The increasing number of users and the high trading volume on exchanges like Binance are positive signs for the future of the cryptocurrency market.
#binance4ever
#Bitcoinadoption
Bitcoin Exchange Users on the Rise: Binance Leads the Pack in Daily Transactions
The cryptocurrency market is witnessing a surge in user adoption, with projections indicating an influx of 100 million new users on Bitcoin exchanges. This significant rise in user base is a strong indicator of the growing mainstream acceptance of Bitcoin and other digital currencies.
Leading the pack in daily transaction volume is Binance, a prominent cryptocurrency exchange. Binance alone processes a staggering $15.1 billion worth of transactions every day, highlighting the platform's dominance in the market. This substantial trading activity further underscores the increasing demand for cryptocurrencies.
The influx of new users and the high trading volume on platforms like Binance suggest a promising future for Bitcoin and the broader cryptocurrency market. This growth is likely driven by several factors, including:
Increased awareness and understanding of cryptocurrency: Bitcoin and other digital currencies are becoming more widely understood by the general public. This is leading to a greater interest in investing in and using cryptocurrencies.
Accessibility and ease of use: User-friendly cryptocurrency exchanges and platforms are making it easier for people to buy, sell, and trade cryptocurrencies.
Potential for high returns: The cryptocurrency market has the potential for high returns, which is attracting investors looking for alternative investment opportunities.
While the future of cryptocurrency remains uncertain, the current trends suggest that Bitcoin and other digital currencies are here to stay. The increasing number of users and the high trading volume on exchanges like Binance are positive signs for the future of the cryptocurrency market.
#binance4ever
#Bitcoinadoption
š #Bitcoin addresses with positive balances have surpassed 52.5 million, reflecting significant growth since 2020
This milestone indicates increasing adoption and usage of Bitcoin as more individuals and entities hold positive balances. The steady rise in addresses with positive balances suggests a growing interest in Bitcoin as a digital asset, highlighting its expanding role in the financial ecosystem.
This growth in the number of #bitcoinholders demonstrates broader acceptance and integration of Bitcoin into mainstream financial practices. It also underscores the resilience and appeal of Bitcoin amid various market conditions, as more users continue to accumulate and #hold the cryptocurrency.
#Bitcoinadoption #TrendingTopic
This milestone indicates increasing adoption and usage of Bitcoin as more individuals and entities hold positive balances. The steady rise in addresses with positive balances suggests a growing interest in Bitcoin as a digital asset, highlighting its expanding role in the financial ecosystem.
This growth in the number of #bitcoinholders demonstrates broader acceptance and integration of Bitcoin into mainstream financial practices. It also underscores the resilience and appeal of Bitcoin amid various market conditions, as more users continue to accumulate and #hold the cryptocurrency.
#Bitcoinadoption #TrendingTopic