“The Number of Individuals with $ 1m+ in Crypto Wealth Has Jumped to 241.700 Over A Year, A NEW REPORT SHOWS.”, – WRITE: www.coindesk.com
The Surge Coincides with a Broader Rally that Lifted Total Digital Asset Market Capitalization to $ 3.3 Trillion in June, A 45% Increase Year-On-Year World Wealth, Said.
Bitcoin Remains the Main Driver of Wealth Creation in the Sector.
Holders with Portfolios Above $ 1 Million in BTC Climbed 70% to 145.100 Year-Over-Year. At the Upper End, 450 Individuals Now Hold at Least $ 100 Million in Crypto, While 36 Billionaires Control Even Larger Stakes.
The Report Points to A Shift In How Digital Assets are used, with Bitcoin IncreASINGly Treated As Collalateral Racter than A Specialty Play. This Evolution, Observers Say, Is Transforming the Token Into The Base Layer of A PARALLEL FINANCAL System.
“Bitcoin Is Become The Foundation of A PARALLEL FINANCAL SYSTEM, WHERE [it] is not meray An investment for SPECULATION ON FIAT PRICE Appreciation, But The Base Currency for Acumulating Wealth. ” Philipp A. Baumann, Founder of Z22 Technologies, Said in the Report.
Bordless WealthCrypto’s Decentralized Nature Is Also Redrawing Patterns of Global Wealth. Analysts Note that investors are pursuing Citizenship and Residency Programs to Navigate Regulatory Uncertainty While Securing Access to Banking and Tax-Efficiency Jurisdik.
Henley’s Annual Crypto Adoption Index Ranks Singapore, Hong Kong, The Us, Switzerland, and the UAE as The Top Five Destinations for Digital Asset Investors.
With Over $ 14 Trillion in Wealth Moving Across Borders Last Year, The Report Argues That Crypto’s Portability-Secured by Little More than a Seed Phrase-Marks Financial Systems.
“TODAY, CRYPTOCURRONCY HAS MADE GeOHRAPHY OPATAL – WITH NOTHING MORE THAN 12 MEMORIZED WORDS, AN INDIVIDAL CAN Secure A Billion Dollars in BitCoin, Instant -Zhic. Said Dominic Volek, Group Head of Private Clients at Henley & Partners.
Spike in FTT Activity Coincides with a post from Bankman-Fried’s X Account Despite Prison Restrictions, Drawing Ire from The Crypto Community.
- Sam Bankman-Fried’s Social Media Post Led to A 24% Surge in The Ftt Token, Despite His Incarceration.
- The Crypto Community Reacted with Skepticism and Humor, Highlighting the Special Nature of the Token’s Price Movement.
- The FTT TKEN’S ACTIVITY INCREASED SIGNIFICANTLY, TO Trading Volumes and Active Addresses Rising Sharply After The Post.
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