Retail Flees Bitcoin, But XRP, Ethereum Continue To See Adoption
On-chain data shows the retail investors have been liquidating their Bitcoin wallets recently, but buying into XRP and Ethereum. Total Amount Of Holders Up For XRP & Ethereum, But Down For Bitcoin In a new post on X, the on-chain analytics firm Santiment has discussed about the latest trend in the Total Amount of Holders […]
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At Bitcoin 2022, a panel of experts discussed accelerating retail involvement in BTC and how to onboard 100 million people.
The Bitcoin bull market led by institutional investors is pushing retail investors from countries like Russia, Vietnam and India toward cryptocurrencies. Institutions have been at the forefront of the crypto bull run seen since Q4 2020, but now retail investors have been taking the center stage as well. Bitcoin (BTC) is getting more popular all around the world and it officially became a legal tender in El Salvador on Sept. 7, making it a landmark event for retail and sovereign adoption of the asset.However, it turned out to be a chaotic event for the premier cryptocurrency token as the....
On November 5, Bakkt Holdings announced that the firm will soon let customers buy, sell, and store ethereum after offering bitcoin only since the company’s launch. The firm notes that adding ethereum comes at a time when digital currency interest and adoption continue to see significant growth. Bakkt Announces Ethereum Support Bakkt (NYSE: BKKT) has announced the company will “soon” offer ethereum (ETH) in addition to offering bitcoin (BTC). The digital asset manager listed on the New York Stock Exchange (NYSE), as a subsidiary of Intercontinental Exchange (ICE),....
Bitcoin has been seeing massive inflows of capital from large investors and corporations throughout 2020, which may be what has allowed its price to trade well above where it started the year – despite the turbulence seen in the early months. There’s a strong possibility that BTC will continue gaining adoption amongst non-retail investors in […]