• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Bitcoin Enters Unofficial ICO Phase as Old Holders Sell

Bitcoin Enters Unofficial ICO Phase as Old Holders Sell

user avatar

by Kofi Adjeman

5 hours ago


Bitcoin is undergoing a significant transformation, akin to an unofficial initial coin offering (ICO), as long-time holders start to liquidate their dormant assets. This trend has caught the attention of macro analyst Jordi Visser, who shared insights on the evolving landscape of Bitcoin during a recent podcast with entrepreneur Anthony Pompliano. According to the results published in the material, this shift could have profound implications for the market.

Переход к распределенной модели владения

Visser emphasized the importance of this transition, highlighting that it marks a shift from a concentrated ownership model to a more distributed one. As older coin holders sell their tokens, new investors are stepping in to accumulate Bitcoin, which could lead to a more stable market environment.

Снижение волатильности и привлечение институциональных инвесторов

The analyst suggested that this broader distribution of ownership may help reduce volatility as Bitcoin becomes less susceptible to price swings driven by a small number of large holders. This change could signal a new phase for Bitcoin, potentially attracting more institutional interest and fostering a healthier market dynamic.

In a significant development, major banks are enhancing Bitcoin's infrastructure through partnerships with Lightspark, marking a pivotal moment for digital currency adoption. This initiative contrasts with the recent trend of long-time Bitcoin holders liquidating assets. For more details, see further information.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Zcash Developer ECC Unveils Bold Q4 Roadmap as Privacy Demand Returns

chest

The Electric Coin Company (ECC) has announced a comprehensive roadmap aimed at enhancing the Zashi wallet and improving security practices in response to the rising demand for privacy-centric digital assets.

user avatarKaterina Papadopoulou

Dormant Solana Whale Makes a Comeback with GHOST Purchase

chest

A well-known Solana whale, wallet 2z4gKC, has re-emerged after 10 months of inactivity, purchasing 112 million GHOST tokens.

user avatarTomas Novak

Noomez vs. Shiba Inu and Dogecoin: A New Era of Meme Coins

chest

Noomez NNZ is positioned as a more evolved alternative to Shiba Inu and Dogecoin, focusing on utility and growth.

user avatarMaya Lundqvist

Noomez NNZ Emerges as a Leading Meme Coin

chest

Noomez NNZ is gaining traction as a top meme coin by focusing on sustainable economics and transparent operations.

user avatarLeo van der Veen

Bonk Thrives on Solana's Community and Velocity

chest

Bonk is gaining traction within the Solana ecosystem, benefiting from community loyalty and market momentum.

user avatarMohamed Farouk

Floki's Branding Power Shines in Crypto Market

chest

Floki is leveraging its strong branding and marketing strategies to maintain visibility in the crypto space.

user avatarTenzin Dorje

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.