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- Crypto owners grew to 580 milion in 2023;
Crypto owners grew to 580 milion in 2023;
Yo! Today on Money Printer Go Brrr Newsletter:
Crypto Community speculates on X launching a dedicated payments account;
Global #Crypto owners grew to 580 milion in 2023;
FTX dumps nearly $1 billion of Grayscale spot bitcoin ETF shares
Community speculates on X launching dedicated payments account;
So, Elon Musk's super-duper "everything app" X, formerly known as Twitter, has created a stylish new account just for its upcoming payments feature, Xpayments.
And guess what? 😱
The crypto community is going absolutely crazy with speculation about whether this means crypto will be on the menu!
But here's the catch—nobody knows for sure if they'll only support “Money Printer Go Brrr” currencies or decide to throw some crypto spice into the mix.
BREAKING: Elon Musk's X launches new payments account. 👀
— Radar🚨 (@RadarHits)
7:54 PM • Jan 20, 2024
Although the new account hasn't posted anything yet, it's got that fancy gold badge, which means it's verified and associated with X, baby brr!
Our dear Mr. Musk has already been rocking the crypto boat by accepting Dogecoin (DOGE) as payment for Tesla merch, and he occasionally drops mentions of it on social media just for kicks.
So, it's no surprise that many think Dogecoin has a pretty good shot at being included on Xpayments if any crypto make the cut.
Global #Crypto owners grew to 580 milion in 2023;
JUST IN: Crypto․com says global #crypto owners grew to 580 million in 2023.
— Watcher.Guru (@WatcherGuru)
2:21 PM • Jan 22, 2024
Crypto.com just released its annual Crypto Market Sizing Report, and boy, does it have some exciting numbers to share!
Despite all the craziness happening in the world, the crypto community flexed its muscles and showed remarkable growth in 2023.
According to the report, the number of cryptocurrency owners worldwide shot up by a whopping 34%, going from 432 million in January to a mind-boggling 580 million in December.
We're talking one heck of a surge in crypto owners worldwide—up by a whopping 34%!
Can you wrap your head around that?
We went from 432 million owners in January to a mind-boggling 580 million by December.
And we’re not in a Bull Market yet!
The first half of the year saw sustainable growth, fueled by the highly anticipated Ethereum (ETH) Shanghai Upgrade.
The second half, Bitcoin swooped in to steal the spotlight, playing tricks with our feelings.
With all those Bitcoin ETF filings and the wild anticipation in the U.S. market, BTC ownership skyrocketed by 33%!
We're talking a massive jump from 222 million to 296 million owners—taking up a whopping 51% of the entire crypto owners gang.
Not to be outdone, ETH ownership also surged by 39%, going from 89 million to 124 million, accounting for 21% of the crypto-owners pie.
FTX dumps nearly $1 billion of Grayscale spot bitcoin ETF shares
Hypothesis confirmed…
#FTX Sold 22 million shares worth $900m of #Grayscale's #Bitcoin#ETF
FTX had 22.3 million $GBTC, (valued @ $600m on Oct. 25 23)
Good for #FTX creditors, bad for short term #BTC price & #GBTC, good for those that buy dips & value their wealth in #Bitcoin
— Simon Dixon (@SimonDixonTwitt)
5:09 PM • Jan 22, 2024
FTX, the bankrupt crypto exchange, turned ON The Money Pritter Go Brrr.
They sold a whopping $1 billion worth of shares from Grayscale's GTBC fund.
Talk about turning losses into some serious cash!
Now, FTX's sale of shares is all part of their bankruptcy proceedings.
They went all-in and sold every single one of their 22 million shares of Grayscale's ETF.
FTX, filled for bankruptcy back in November 2022, owned a 22 million shares of Grayscale's bitcoin fund.
This is for today,
Mr. Go Brr