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.
Why Bitcoin Is Falling? Losses Extend to 6th Day and BTC Price Prediction Signals 40% Slump to $50K
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
