The Number of Bitcoin (BTC) Owners in the US Exceeds the Number of Gold Owners for the First Time! Here Are the Details

Bitcoin adoption in the US has surpassed a remarkable milestone. According to a report based on data from the digital asset finance company River, the number of people owning Bitcoin (BTC) in the country has exceeded the number of people owning gold for the first time. The study indicates that approximately 49.6 million Americans own […]

Bitcoin miners cut OTC holdings 72% – Assessing BTC’s next move

Bitcoin’s miner-linked over-the-counter [OTC] balances continue shrinking. That means – fewer coins remain available for large private transactions. Since November 2021, holdings have dropped from 500,000 $BTC to 139,700 $BTC, a decline of nearly 72%. Miners drew down their inventory over time without meaningfully rebuilding it after the 2024 halving. Source: CryptoQuant As a result, […]