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High Net Worth Bitcoin (BTC) Addresses Grow in 2019

Published 10/14/2019, 05:16 AM
Updated 10/14/2019, 06:21 AM
© Reuters.   High Net Worth Bitcoin (BTC) Addresses Grow in 2019

Wallets with more than 1,000 Bitcoin (BTC) have been growing lately, showing the adoption of the asset for the sake of investment. The growth of high net worth addresses shows significant investment interests, as current adoption of BTC requires significant investments.

Recent analysis by Glassdoor reveals that unlike the early days of BTC, when growth was due to mining and was limited to cryptographic enthusiasts, the recent hoarding of BTC may be for investment purposes.

https://twitter.com/woonomic/status/1182754062107852802

The Bitcoin network also habitually shows high net worth transactions, and carries as much as $1 billion per day in val...

This article appeared first on Cryptovest

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