• Bitcoin millionaires surge 111% in a year, women don’t like crypto bros

  • Aug 27 2024
  • Length: 7 mins
  • Podcast

Bitcoin millionaires surge 111% in a year, women don’t like crypto bros

  • Summary

  • Bitcoin’s price might have receded a little from $64,000, but there are plenty of reasons to be positive today. Firstly, the US-based spot Bitcoin ETFs have seen their biggest day of inflows in over a month, with back-to-back trading days north of $200 million in overall inflows. Secondly, one analyst is convinced that we’re about to enter “Bitcoin batshit season,” which sounds wild even if you’re not clear on what it means. Thirdly, Bitcoin millionaires, multimillionaires, and even billionaires have all surged in the past year, each indicating a changing approach to the asset. Elsewhere, the US SEC has charged two brothers over an outlandish crypto Ponzi scheme, PayPal’s PYUSD stablecoin hits a $1 billion market cap, and women see men in crypto as less attractive than stamp collectors — wait, what?

    Further reading:

    • BlackRock ETF sees biggest inflow in 35 days as Bitcoin weekly rally pauses
    • Bitcoin poised for $150K ‘batshit season’ but sellers could dent rally
    • Bitcoin millionaires surge 111% in a year amid crypto rally
    • SEC charges siblings over $60M Ponzi touting crypto trading bot
    • PayPal’s PYUSD stablecoin hits $1B market cap
    • Men in crypto less attractive to women than cosplayers, anime buffs: Survey

    Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn.

    Cointelegraph’s Twitter: @Cointelegraph
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    The views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.

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