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

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

Aug 27, 2024 Season 1 Episode 203 7 min 28 sec
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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?

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Rise’n’Crypto is Cointelegraph’s daily podcast covering all the latest major news in crypto, blockchain and Web3 in under 15 minutes. We keep you up to date on all the significant events surrounding Bitcoin, Ethereum, ETFs, regulation and more — all while providing a well-rounded recap of the undiscovered news from the past day. Yesterday’s big stories, today’s essential insights.

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