Kaiko

Is Bitcoin Headed For A Crash? Analysts Cite Possible Downtrend

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Is Bitcoin Headed For A Crash? Analysts Cite Possible Downtrend

[ad_1] Investors in the cryptocurrency space are eagerly awaiting the halving of Bitcoin in order to fuel future market growth. However, top cryptocurrency expert and trader Benjamin Cowen cautions that if the price of BTC follows a previous pattern, there may be a correction. Bitcoin Halving Could Impact Price Negatively Cowen has highlighted a trend … Read more

This Bitcoin Bull Run Is Breeding Millionaire Whales at Slower Pace, Data Show

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This Bitcoin Bull Run Is Breeding Millionaire Whales at Slower Pace, Data Show

[ad_1] According to data tracked by Paris-based Kaiko, less than 2,000 millionaires, or wallets with $1 million worth of bitcoin, are created daily. That’s significantly lower than the last bull run, which bred over 4,000 millionaire wallets per day and over 2,000 wallets with a $10 million balance per day. [ad_2] Source link