As Bitcoin marks its 16th anniversary, it continues to rise in popularity among investors. In just 48 hours, 11,000 BTC were removed from exchanges, indicating a strong belief in the asset's long-term potential. This trend is further evidenced by the $1 billion worth of BTC accumulated by investors since the start of the year. The approval of the ProShares Bitcoin Strategy and 11 spot Bitcoin ETFs by the SEC shed light on the increasing interest from institutional investors, with net flows into spot Bitcoin ETFs reaching $4.63 billion in December alone. Bitcoin enthusiast Tom Lee predicts that the asset could reach $250,000 in 2025, fueled by a favorable regulatory landscape and increased interest from other nations' Bitcoin reserves. With a capped supply of 21 million coins and a current price of $96,800, all eyes are on Bitcoin as it approaches this significant psychological and financial milestone.
As Bitcoin's value continues to soar, so does the wealth of its mysterious creator, known only as Satoshi Nakamoto. With an estimated fortune of over $60 billion, Nakamoto's net worth rivals that of top business moguls, despite his unconventional career path in the world of cryptocurrency. While many details about Nakamoto remain unknown, one thing is for sure – Bitcoin is here to stay.