• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Number of Crypto Millionaires Increases by 95% Globally

user avatar

by Giorgi Kostiuk

a year ago

  1. Rapid Growth of the Crypto Market
  2. Increase in Bitcoin Millionaires and Billionaires
  3. Emerging Crypto Hubs and Trends


    4. According to the “2024 Crypto Asset Report” published by Henley & Partners, the number of individuals with crypto assets worth over $1 million has increased by 95%, reaching 172,300 worldwide.

    Rapid Growth of the Crypto Market

    This increase is a clear indication of the rapid growth in the crypto market, which has a total value of $2.3 trillion, an 89% increase compared to last year.

    Increase in Bitcoin Millionaires and Billionaires

    The report highlights a significant increase in Bitcoin millionaires, with their number increasing by 111% to 85,400. Moreover, the number of crypto billionaires has also increased globally, rising to 28. Bitcoin investments have been the primary driver behind this increase, with five of the six new billionaires coming from Bitcoin owners.

    Emerging Crypto Hubs and Trends

    In addition, the number of centi-millionaires with assets over $100 million increased by 79%, reaching a total of 325. The report also highlights the increasing tendency for crypto-rich people to reside in countries that offer favorable tax and regulatory environments. Singapore continues to dominate as the world’s leading crypto hub thanks to its strong technological innovation and regulatory framework. The United Arab Emirates (UAE) also ranks high, with its particularly significant tax advantages.

    "The crypto millionaires of 2024 are not content with digital wealth alone; they are looking for the freedom of global mobility to match their borderless wealth," said Dominic Volek, Head of Private Clients at Henley & Partners.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Tornado Cash Processes $25 Billion Despite Regulatory Challenges

chest

Tornado Cash, a cryptocurrency mixer, processed approximately $25 billion worth of Ethereum tokens in 2025, despite being under regulatory sanctions until March 2025.

user avatarTenzin Dorje

Legal Challenges Persist for Tornado Cash Founders

chest

The founders of Tornado Cash are facing legal challenges, with one founder sentenced to prison and another awaiting sentencing.

user avatarBayarjavkhlan Ganbaatar

India's Tax Authorities Raise Concerns Over Crypto Transactions

chest

Indian tax officials express concerns about the challenges in taxing cryptocurrency transactions due to their anonymity and borderless nature.

user avatarMohamed Farouk

Solana Surpasses $8 Billion in Open Interest

chest

Solana's open interest has crossed the $8 billion mark, indicating increased trader activity and risk appetite.

user avatarDiego Alvarez

Binance Achieves Key Regulatory Milestone with ADGM Authorization

chest

Binance has achieved full authorization from the ADGM's Financial Services Regulatory Authority, enhancing its regulatory compliance and boosting investor confidence in the global crypto market.

user avatarElias Mukuru

Google's UCP Set to Enhance Consumer Experience with AI Integration

chest

Google is set to integrate the Universal Commerce Protocol (UCP) into its consumer-facing products, enhancing the shopping experience with AI-powered recommendations and direct checkout.

user avatarMaria Fernandez

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.