The number of people buying Bitcoin continues to grow while Halving is getting closer

The number of people buying Bitcoin continues to grow while Halving is getting closer


 

In less than a week, the cryptocurrency market will witness Bitcoin's 3rd Halving event. And it's interesting that the data is showing that more than half of all Bitcoin mined in 2020 was acquired by two cryptocurrency companies. Besides, the number of small investors continue to accumulate Bitcoin continues to increase. This shows that the purchasing power is still strong, the main reason is probably due to this Halving.
Grayscale and CashApp bought over 50% of BTC
Cryptocurrency investment firm Grayscale and digital payment application CashApp have purchased more than 50% of Bitcoin mined this year. In addition, in a tweet by Marty Bent - the editor-in-chief of a Bitcoin news site - issued a chart showing the number of Bitcoin accumulation of CashApp is increasing.
Xem hình ảnh trên Twitter
Xem hình ảnh trên Twitter


Large and small investors continue to buy Bitcoin
Among the "hardworking" people who accumulate more Bitcoin for their wallets is Jason A. Williams - co-founder of an investment management company called Morgan Creek Digital. According to an insider, he (Williams) said he had bought a lot of Bitcoin in recent days. Besides, another founder of investment firm, Anthony Pompliano also revealed that the company (on behalf of its customers) has invested more in Bitcoin. It is known that this company is managing funds for many investors and organizations. Currently, the price of Bitcoin is temporarily sideway after once again breaking the $ 9,000 mark. When there are only 5 days left until halving, it seems that the $ 9,500 mark is still a "difficult" place for the bulls to conquer.


 

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Mr_Tao
Mr_Tao

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WHAT IS THE HAVING (12/5/2020)?
WHAT IS THE HAVING (12/5/2020)?

The cryptocurrency market continues to be expected to reach a new record and gradually become a safe haven for investors, in the context of global uncertainty. The world of cryptocurrencies is still changing drastically. Despite the negative waves, there are many people who want to invest in an unpredictable asset.

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