See More

8 Million Addresses Hold at Least $1,000 Worth of Bitcoin, Everlodge and Ethereum on a Bullish Trend

2 mins
Updated by Geraint Price
Join our Trading Community on Telegram
Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions.

Bitcoin (BTC) addresses that hold at least $1,000 worth of the cryptocurrency, equating to 0.028 BTC, has increased to a record high at eight million.

In addition, Ethereum (ETH) is also getting a lot of interest after it managed to climb further up the charts. Everlodge (ELDG), on the other hand, is getting accumulated due to the passive income opportunities it provides to investors and traders. Today, we will go over each crypto’s performance to see how far they can spike.

Bitcoin (BTC) Reached Major Milestone

Bitcoin (BTC) is getting significant attention as the addresses that hold over $1,000 have reached a major milestone. Specifically, today, over eight million addresses hold this much Bitcoin. This is based on data from Blockware Solutions and Glassnode and showcases a bullish sign about the future of the cryptocurrency. 

As for the recent Bitcoin price performance, the crypto trades between $34,163.16 and $35,752.94. Moreover, during the past 30 days, the value of the crypto is up 26%, and its annual growth is 65.6%. The Bitcoin market cap is at $688,317,758,212, and it has a dominance of 49.788%.

Ethereum (ETH) Projected to Spike to $2,335.71

Ethereum (ETH) is also bullish on the charts and has headed in an upward direction. The crypto saw a major increase in volume, where the Ethereum trading volume surged by 32% in the past 24 hours. During the past week, the value of the ETH crypto moved from $1,785.51 to a high point of $1,901.37. 

Moreover, the crypto is up 15.8% on the monthly chart, making Ethereum a major gainer. In addition, the Ethereum market cap is at $228,351,607,841, indicating a market dominance of 16.52%.

Everlodge (ELDG) Provides Simple Way for Users to Make Passive Income

Everlodge is an upcoming real estate marketplace that will completely change how people access the $280 trillion market. 

Traditionally, properties can cost millions of dollars. This means that investors need access to a massive amount of capital, ranging in the millions of dollars. As a result, the industry has been locked only to the elite. However, Everlodge will democratize access by making it accessible to anyone. 

The properties will get minted as NFTs, and then they will get fractionalized. This way, anyone can buy a fraction of a property for just $100. If it’s a rental property, investors get passive income based on their ownership percentage any time it gets rented out. 

Moreover, the ELDG token can be staked, providing even more passive income. Currently, the token trades at $0.023. At launch, analysts project a 3,800% climb in value for the crypto.

Visit Everlodge | Join The Everlodge Community

Top crypto projects in the US | May 2024

Disclaimer

This article is sponsored content and does not represent the views or opinions of BeInCrypto. While we adhere to the Trust Project guidelines for unbiased and transparent reporting, this content is created by a third party and is intended for promotional purposes. Readers are advised to verify information independently and consult with a professional before making decisions based on this sponsored content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

images-e1706008039676.jpeg
Advertorial
Advertorial is the universal author name for all the sponsored content provided by BeInCrypto partners. Therefore, these articles, created by third parties for promotional purposes, may not align with BeInCrypto views or opinion. Although we make efforts to verify the credibility of featured projects, these pieces are intended for advertising and should not be regarded as financial advice. Readers are encouraged to conduct independent research (DYOR) and exercise caution. Decisions based on...
READ FULL BIO
Sponsored
Sponsored