‘Bitcoin Rich List’ has grown with 30% last year, European Union suggests consideration of Eurocoin and Bitcoin finds support at 100W MA
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‘Bitcoin Rich List’ has grown with 30% last year
The number of addresses holding more than 1.000 Bitcoins, also known as the Bitcoin Rich List, has grown 30% in the last year. At this moment, 2.147 addresses contain more than 1.000 Bitcoins.
An explanation for expansion of the list is the increased investor participation due to Bitcoin’s price drop in the final quarter of 2018.
European Union suggests consideration of Eurocoin
A draft document issued by the European Union suggests that the union should consider issuing its own digital currency.
As stated in the draft prepared by the Finnish presidency:
“The ECB and other EU central banks could usefully explore the opportunities as well as challenges of issuing central bank digital currencies including by considering concrete steps to this effect.”
Bitcoin finds support at 100W MA
At the start of Bitcoin’s bullrun in 2015, it found support at 200 Weeks Moving Average (MA), rallied and found support at 100W MA before continuing its >4.000% rally.
Now, 4 years later, Bitcoin has established support at the 200W MA, rallied and is attempting to find support at the 100W MA.
With a current price of 9.350 USD, can Bitcoin do it again?
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