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11 months ago

Bitcoin Millionaire Wallets Surge in 2023

By John Molten
2 Min read
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13November

In 2023, the number of Bitcoin millionaire wallets has seen a notable increase. Data from BitInfoCharts reveals that the count of wallet addresses holding over $1 million in Bitcoin has surged from 23,795 at the start of the year to 81,925 currently, marking a 237% rise in just 11 months. However, it’s important to note that these millionaire wallets are not exclusively individual users, as many belong to cryptocurrency exchanges and financial institutions. The peak in the number of addresses holding over $1 million in Bitcoin was recorded during the last bull market’s climax in...

11 months ago

3 Reasons Why Investing in Bitcoin Now is a Timely Move

By John Molten
2 Min read
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09November

Bitcoin’s remarkable recovery and burgeoning signs of a new bull market present compelling reasons for considering an investment in the cryptocurrency. This article explores three persuasive factors suggesting why now is an opportune time to buy Bitcoin. The End of the Bear Market: A New Crypto Spring Recent trends and analyses indicate that the grueling Bitcoin bear market of 2022 has finally ended, ushering in a new phase of growth. Bitcoin’s recovery aligns with its roughly four-year market cycle, characterized by a significant pullback followed by a surge to new highs over the...