Ethereum, Bitcoin & Crypto – European Wrap 30 December
Ethereum long-term holders climbed in 2024 as Bitcoin holders fell
The number of long-term Ether holders steadily increased throughout 2024, while the number of Bitcoin holders fell over the last year amid rising confidence in ETH heading into the new year.
In a Dec. 30 post to X, citing data from its platform, IntoTheBlock shared that the total percentage of Ether (ETH $3,421.51) who had held their tokens for the long haul had risen from 59% in January to 75% by the end of 2024.
US Bitcoin reserve adoption faces doubts
Experts remain skeptical about the US adopting Bitcoin as a financial reserve, citing political and economic hurdles despite bold predictions from advocates.
The possibility of the United…