Caitlin Long, founder of Custodia Bank, has questioned whether the number of Bitcoin "wholecoiners" has peaked after the number of individuals holding at least 1 BTC surpassed 1 million. Long believes that as Bitcoin prices increase, it will become more expensive for potential wholecoiners to purchase the asset, making it unlikely that there will be 10 million in the coming years. While the number of wholecoiners has been steadily rising, less than 2.5% of all Bitcoin addresses hold at least 1 BTC, with the majority of addresses holding between 0.00001 and 0.0001 BTC. The number of whales, or those holding above 100 BTC, represented less than 0.033% of the total addresses.

BitBull Capital predicts that Bitcoin will retest $30,000 after being in consolidation mode. The crypto industry's lobbying spend is comparatively low and needs to increase. The CSS code provided is for a responsive widget container that displays content cells with values and variations.

According to a tweet by Bitcoin Magazine, the Mayor of Miami, Francis Suarez, has been purchasing Bitcoin with every paycheck for almost two years and has accumulated over 6 BTC. This news comes as Miami has been positioning itself as a hub for cryptocurrency and blockchain technology, with Suarez leading the charge.

Researchers from the Illinois Institute of Technology have identified blockchain technology, investor sentiment, and economic stress levels as significant predictors of bitcoin returns. The study analyzed 25 information variables under categories such as macroeconomics, blockchain technology, other assets, stress level, and investor sentiment using predictive analytics techniques and dimension-reduction models on data from January 2011 to January 2020. The researchers found that bitcoin is detached from economic fundamentals and may not effectively serve as a diversifier or safe-haven asset. Additionally, they reported that returns on commodities, securities, and other assets do not predict bitcoin returns well.

With Bitcoin's price reaching $27,000, the cryptocurrency market is bracing for a week filled with regulatory updates, institutional adoption, and market sentiment shifts. Traders and investors are closely monitoring the market dynamics to predict Bitcoin's future price movements.

Over 53% of Bitcoin in circulation has not been moved by holders in the last two years, according to data from blockchain analytics firm Glassnode. The figure is at an all-time high and points to the growing desire by investors to hold assets on a long-term basis, with factors responsible for over $300 billion worth of BTC going dormant being the trading patterns of whales and lost assets.

New data reveals that more than half of the Bitcoin in circulation has not been moved by holders in the last two years, with 53.14% of the cryptocurrency remaining dormant. This trend is attributed to the hodling culture of digital assets, as well as the activities of sophisticated investors and whales, and the loss of assets.

At the 2023 Bitcoin Conference in Miami, Democratic presidential candidate Robert F. Kennedy Jr. spoke about the importance of defending Bitcoin against invasive surveillance. He criticized the use of surveillance and data tracking systems by governments and corporations to control people's lives and pointed to the trucker protest in Ottawa, Canada, in 2022 as an example.

In a recent interview, Anthony Scaramucci, former White House Director of Communications for the Trump administration, reiterated his support for Bitcoin despite recent market turmoil. He stated that his company believes Bitcoin's intrinsic value is around $40,000, citing increasing adoption and the growing number of wallets as evidence.

BTC Inc.'s Dylan LeClair, a prominent Bitcoin maximalist and crypto influencer, believes that traditional fiat currencies and asset classes like gold are inherently vulnerable to manipulation and corruption. He proposed using Bitcoin as an exit ramp for the current monetary system's failures during his talk at Bitcoin 2023 in Miami. LeClair sees Bitcoin as the solution to the corruption of money, which he believes is at the root of society's corrupted incentives.