The number of Bitcoin millionaires surged by 111% between 2023 and 2024, totaling 85,400 or 49.6% of all crypto millionaires. Five out of six new cryptocurrency billionaires in 2024 attribute their success to Bitcoin. Globally, the count of individuals holding at least $1 million in crypto assets rose by 95% to 172,300. Bitcoin millionaires now represent almost half of all crypto millionaires worldwide, marking a 111% increase from the previous year. Regulatory changes worldwide have encouraged more participation and investment in the crypto market, with the United States approving 11 spot Bitcoin ETFs. Countries like Singapore and the UAE have also embraced crypto, with the UAE eliminating capital gains taxes and allowing direct cryptocurrency trading for Dubai residents. Additionally, international locations like Caribbean nations and Switzerland have become hubs for cryptocurrency research and investment. Read more AI-generated news on: https://app.chaingpt.org/news