On October 16, a substantial amount of cryptocurrency was purchased, with approximately 6,759 Bitcoin ( $BTC ) and 9,280 Ethereum ( $ETH ) changing hands.
💵 Bitcoin exchange-traded funds (ETFs) experienced impressive net inflows of $456.9 million.
💵 Ethereum ETFs also saw significant engagement, with net inflows of $24.2 million, reflecting a positive sentiment in the market for Ethereum as well.
According to Tether's new report, the number of USDT users is on a consistent upward trajectory, reflecting an impressive average quarterly increase of 9%. This steady growth signals a growing acceptance and reliance on #stablecoins across various sectors.
👨👩👦👦 In Q3, the number of #USDT users on the blockchain reached a remarkable 330 million, which is nearly equivalent to the population size of the entire United States.
The report attributes this rapid growth to several key factors, including the expanding adoption of Layer 2 solutions that enhance transaction efficiency and lower costs, as well as the seamless integration with the #TON blockchain, which opens up new avenues for users to engage with cryptocurrency in innovative ways.
Price Prediction for Bitcoin from various market experts
Price prediction for Bitcoin from a range of market experts offers a fascinating glimpse into the future of cryptocurrency. Notable figures such as Robert Kiyosaki, known for his financial insights, Ark Invest with its innovative investment strategies, Max Keiser, an outspoken advocate for Bitcoin, Fidelity with its extensive market research, and the late Hal Finney, a pioneer in the Bitcoin community, all provide their unique perspectives and analyses. Their insights can help investors navigate
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