Finbold's research showed that an average of 154 new Bitcoin wallets holding over $1 million were created daily in last year's crypto boom.
Political events, including Donald Trump's re-election, reportedly added 11,000 new Bitcoin millionaire wallets.
The meteoric rise of Bitcoin (BTC) in 2024 didn’t just
break price records; it also minted new millionaires at an astonishing rate.
With the cryptocurrency surpassing the $100,000 mark in December, an average of
154 wallets holding over $1 million in BTC were created daily, Finbold
reported.
Bitcoin’s journey in 2024 was defined by significant
milestones. Starting the year with momentum from late 2023, BTC first shattered
the $73,000 all-time high (ATH) by mid-year before surpassing $100,000 in
December.
This surge not only rewarded early adopters but also
brought the total number of millionaire addresses to over 153,000, an
impressive 58.21% increase from the previous year, according to data from
BitInfoCharts.
According to the research, by the end of 2024,
approximately 56,325 new Bitcoin wallets held assets worth over $1 million.
This included 48,738 addresses valued between $1 million and $10 million,
alongside 7,587 addresses exceeding $10 million.
Source: Finbold
New Bitcoin Wallets
However, the overall increase in Bitcoin-holding
addresses was more moderate, reportedly growing by 12%, adding nearly 10
million new wallets across all value tiers.
The largest growth occurred among mid-tier holders,
with wallets holding $100 to $999.99, increasing by 3.3 million. Similarly,
addresses holding $1,000 to $9,999.99 rose by 2.6 million. These figures highlight
the growing participation of retail investors alongside high-net-worth
individuals.
Interestingly, 2024’s millionaire wallet growth lagged
behind 2023, which saw nearly 70,000 such wallets added, a 22% higher increase.
This discrepancy highlighted 2023’s stronger relative price gains and investor
enthusiasm as BTC rallied 153% that year, compared to 121% in 2024.
The rise in Bitcoin millionaire wallets doesn’t equate
directly to new individuals entering the market. Factors such as shared
wallets, multi-address holdings, and alternative investment strategies diluted
the effect of BTC’s rally.
Bitcoin Distribution, Source: BitInfoCharts
The approval of multiple spot Bitcoin exchange-traded
funds (ETFs) in early 2024 offered institutional and retail investors new ways
to gain exposure without holding BTC directly.
Factors Driving Growth
Besides this, Donald Trump’s re-election in November,
which reportedly added 11,000 new Bitcoin millionaire wallets, spurred optimism
for a blockchain-friendly policy environment.
Meanwhile, vibrant activity in altcoin and meme coin
markets may have siphoned off some potential Bitcoin investors. Many traders
pursued smaller, high-growth cryptocurrencies, limiting Bitcoin’s new address
growth despite its record-breaking performance.
With Bitcoin achieving unprecedented highs and a new
wave of adoption, 2025 promises to be a pivotal year for the cryptocurrency.
Whether BTC maintains its dominant position or faces intensified competition
from altcoins, its 2024 performance has solidified its role as a key asset in
the global financial landscape.
The meteoric rise of Bitcoin (BTC) in 2024 didn’t just
break price records; it also minted new millionaires at an astonishing rate.
With the cryptocurrency surpassing the $100,000 mark in December, an average of
154 wallets holding over $1 million in BTC were created daily, Finbold
reported.
Bitcoin’s journey in 2024 was defined by significant
milestones. Starting the year with momentum from late 2023, BTC first shattered
the $73,000 all-time high (ATH) by mid-year before surpassing $100,000 in
December.
This surge not only rewarded early adopters but also
brought the total number of millionaire addresses to over 153,000, an
impressive 58.21% increase from the previous year, according to data from
BitInfoCharts.
According to the research, by the end of 2024,
approximately 56,325 new Bitcoin wallets held assets worth over $1 million.
This included 48,738 addresses valued between $1 million and $10 million,
alongside 7,587 addresses exceeding $10 million.
Source: Finbold
New Bitcoin Wallets
However, the overall increase in Bitcoin-holding
addresses was more moderate, reportedly growing by 12%, adding nearly 10
million new wallets across all value tiers.
The largest growth occurred among mid-tier holders,
with wallets holding $100 to $999.99, increasing by 3.3 million. Similarly,
addresses holding $1,000 to $9,999.99 rose by 2.6 million. These figures highlight
the growing participation of retail investors alongside high-net-worth
individuals.
Interestingly, 2024’s millionaire wallet growth lagged
behind 2023, which saw nearly 70,000 such wallets added, a 22% higher increase.
This discrepancy highlighted 2023’s stronger relative price gains and investor
enthusiasm as BTC rallied 153% that year, compared to 121% in 2024.
The rise in Bitcoin millionaire wallets doesn’t equate
directly to new individuals entering the market. Factors such as shared
wallets, multi-address holdings, and alternative investment strategies diluted
the effect of BTC’s rally.
Bitcoin Distribution, Source: BitInfoCharts
The approval of multiple spot Bitcoin exchange-traded
funds (ETFs) in early 2024 offered institutional and retail investors new ways
to gain exposure without holding BTC directly.
Factors Driving Growth
Besides this, Donald Trump’s re-election in November,
which reportedly added 11,000 new Bitcoin millionaire wallets, spurred optimism
for a blockchain-friendly policy environment.
Meanwhile, vibrant activity in altcoin and meme coin
markets may have siphoned off some potential Bitcoin investors. Many traders
pursued smaller, high-growth cryptocurrencies, limiting Bitcoin’s new address
growth despite its record-breaking performance.
With Bitcoin achieving unprecedented highs and a new
wave of adoption, 2025 promises to be a pivotal year for the cryptocurrency.
Whether BTC maintains its dominant position or faces intensified competition
from altcoins, its 2024 performance has solidified its role as a key asset in
the global financial landscape.
Jared Kirui is an Editor at Finance Magnates with more than five years of experience in financial journalism. He covers online trading, fintech, payments, and crypto industries with a focus on companies, regulation and compliance, executive moves, trading technology, and market analysis.
His work has been featured in other media outlets, including Benzinga, ZyCrypto, The Distributed, and The Daily Hodl.
Education:
Bachelor of Commerce degree (Finance option), University of Nairobi
Can Your Platform Launch Prediction Markets? A CFTC Compliance Checklist
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
