What percentage of Americans own Bitcoin?
According to their findings, a one in four Americans and 55% of surveyed investors, defined by Unchained as those with at least one investment account between the ages of 18 and 78, own bitcoin.
Chief among the findings is that one in four Americans and 55% of investors surveyed by unchained — defined by Unchained as having at least one investment account — report owning bitcoin, and 95% of this group say they would buy or strongly consider buying more of it in 2024.
Around 50 million people own Bitcoin. There are more than 50,000 confirmed transactions of Bitcoin daily. Research from July 2021 shows that 89% of American adults have heard of Bitcoin.
Simple math shows that the average bitcoin holding per person is about 262,500 satoshis. At $69,000 per bitcoin, that works out to an investment of about $180 to reach the global average bitcoin allocation.
Today, there are currently 154,000 wallet addresses that hold more than 10 bitcoin. Given that there are 8 Billion people in the world, this means that roughly 1 in every 51,000 people have at least 10 bitcoin.
However, some estimates can be made based on blockchain data and surveys of Bitcoin holders. According to data from Bitinfocharts, as of March 2023, there are approximately 827,000 addresses that hold 1 bitcoin or more, representing around 4.5% of all addresses on the Bitcoin network.
Just now, according to Glassnode data, the number of addresses holding more than 100 BTC has reached a four-month low, currently standing at 15,955.
- Nevada. Nevada comes in as the state with the highest interest in cryptocurrency. ...
- 2. California. California is the state that carried out the second-highest number of crypto searches in the US per 100,000 people. ...
- New York. ...
- New Jersey. ...
- Washington. ...
- Florida. ...
- Massachusetts. ...
- Colorado.
Crypto holdings for most individuals are relatively small—as median flows equal less than one week's worth of take-home pay—but almost 15 percent of users have net transfers of over one month's worth of pay to crypto accounts.
There are 88,200 crypto millionaires worldwide. 40,500 of these millionaires have amassed their fortune in Bitcoin (BTC). The number of global crypto owners reached 580 million by the end of 2023, according to Crypto.com.
What is a good amount of Bitcoin to hold?
Most financial experts recommend limiting crypto exposure to less than 5% of your total portfolio. Crypto is considered a high-risk asset class. Limiting allocation helps manage overall volatility and risk. Those new to crypto investing may start with 1% to 2% as an introduction.
In the last 10 Years, the Bitcoin (^BTC) Commodity obtained a 64.86% compound annual return, with a 76.96% standard deviation. Discover new asset allocations in USD and EUR, in addition to the lazy portfolios on the website.
In 2020, the number of wallets – defined as a set of blockchain addresses controlled by a single entity – holding at least 1,000 bitcoins has increased by 302 (17%) and is now at a record high of 2,052, according to Philip Gradwell, economist at Chainalysis.
It's challenging to accurately determine which country owns the most Bitcoin due to the cryptocurrency's decentralized and anonymous nature. However, the United States dominates with 69,640 BTC, accounting for 90.3% of the world's government-held Bitcoin.
So, who are the top holders of BTC? According to the Bitcoin research and analysis firm River Intelligence, Satoshi Nakamoto, the anonymous creator behind Bitcoin, is listed as the top BTC holder as of 2024. The company notes that Satoshi Nakamoto holds about 1.1m BTC tokens in about 22,000 different addresses.
Governments Holding the Most Bitcoin
Governments across the world own an estimated 565,749 BTC, representing 2.69% of the total supply. The Chinese government reportedly holds 194,000 BTC that was recovered from the Plustoken scam in 2019. Members of the Ukrainian government privately hold roughly 46,351 BTC.
What percentage of people own Bitcoin? Based on a Crypto.com study – which estimates 219 million global Bitcoin holders, this amounts to approximately 2.74% of the worldwide population.
As a gauge for how many Americans own crypto today, our estimates suggest as many as 93 million people may hold one or more cryptocurrencies. Men are still much more likely than women to hold crypto. However, there was a significant jump in the crypto ownership rate among women in the past year.
It is widely believed that around 4,000,000 coins (or about 20% of the total issued supply) are lost forever. In this post, let's explore the ways a Bitcoin wallet can become 'lost' and explore the most famous cases of these lost wallets.
⭐ First place goes to 34xp4vRoCGJym3xR7yCVPFHoCNxv4Twseo, which is defined as a Binance cold wallet: This address holds a whopping 248,597 BTC or just over $6.4 billion at the current Bitcoin price.
How much is $500 in Bitcoin wallet?
The current price of 500 US Dollar in Bitcoin is 0.00777364 BTC.
- Slovenia. Slovenia ranks at the top as it is very welcoming toward crypto.
- Malta. Malta is seen as being at the forefront of embracing this revolutionary innovation, with many investors keen on diving into crypto in the country. ...
- Canada. ...
- The Netherlands. ...
- Portugal. ...
- Germany. ...
- Estonia. ...
- Singapore. ...
- San Francisco. Not surprisingly, the technology capital of the United States figures prominently on our list. ...
- Vancouver. Bitcoin has a strong community in Canada, which has taken regulatory steps to embrace virtual currency. ...
- Amsterdam. ...
- Ljubljana. ...
- Tel Aviv. ...
- Portsmouth. ...
- Miami. ...
- San Salvador.
Coinbase is the most trusted place for people and businesses to buy, sell, and manage Bitcoin. It's quick and easy.
Carl Hazeley, head analyst at retail investor platform Finimize, told Fortune on Wednesday it was “not surprising” only 22 of the 425,000 people who held crypto assets had become billionaires through those investments. “In fact, most retail investors actually lost money from investing in the space,” he said.
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