The correlation between bitcoin and Nasdaq, S&P 500 over the past 90 days has hit its lowest level since July 2021, as reported by Block Scholes, a renowned analytics firm specializing in crypto derivatives.
Consequently, the regulatory scrutiny of the SEC may be somewhat constrained in its scope.
On Sunday, a staggering amount of over 9.3 million tokens will become accessible, accounting for approximately 1.2% of AXAX's overall supply.
Who owns the most Bitcoins? The pseudonymous developer of Bitcoin Satoshi Nakamoto tops the list of Bitcoin owners, reportedly holding over 1 million of the digital coins.
Top 5 Bitcoin Investors
Economic collapse tycially follows. Bitcoin holders can rest assured that the hard-capped 21 million BTC supply can never be increased, altered, nor can BTC be issued at a faster rate. In fact, the rate in which BTC are released is always decreasing in roughly four year intervals during what is called a halving event.
Using the coin as a form of investment is the most common reason the vast majority of people choose to invest in crypto. So much so, it’s the reason cited by 68% of our respondents who say they own a cryptocurrency. That’s an estimated 40.0 million Americans.
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