Bitper oin Bull Anthony Pompliano Prediper ts What Will Bring $BTC’s Next Wave of Adoption
Categories: Bitcoin US
Crypto influencer Anthony “Pomp” Pompliano says that Bitcoin’s on-chain transparency will be the next major selling point for investors. Speaking in a recent episode of “The Best Business Show”, Pompliano told viewers that the transparency of Bitcoin’s on-chain data will be increasingly appealing to investors. Pomp cautioned that while on-chain data is not “some magical indicator,” it does offer users and investors a level of transparency that is difficult to find in the traditional equities sector. Pompliano predicted that Wall Street investors would eventually come around to the importance of on-chain metrics, driving greater interest towards Bitcoin and crypto. He was bullish on the appeal of Bitcoin’s transparency, saying that the access and availability of on-chain data would drive “more investors” and “more and more traders” towards the crypto market. Pomp also highlighted data showing that more than half of Bitcoin’s circulating supply has not moved in the last twelve months, giving some indication that most investors are holding for the long-term.While Pomp said he was unsure where the catalyst for demand would come from, he predicted Bitcoin would move “fast once it gets going.”