Tokenized Bitcoin on Ethereum Crosses $11 Billion Notional, WBTC Commands 76% of Circulating Supply – Defi Bitcoin News
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Circulating
7.3% Of Bitcoin’s Circulating Supply is Held on Crypto Exchanges
7.3% of Bitcoin’s circulating supply is held on crypto exchanges This amount translates to roughly 1,533,235 Bitcoin Coinbase and Binance lead the rest in Bitcoin holdings Bitcoin exchange outflows have once again resumed despite the bearish environment Bitcoin outflows point towards renewed accumulation and a possible floor at current levels However, Bitcoin is still in
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The Popular Stablecoin Tether Is Now Circulating on the Bitcoin Cash Network
The most popular stablecoin tether (USDT) has officially been minted on the Bitcoin Cash blockchain via the Simple Ledger Protocol (SLP). At press time there’s only 1,010 SLP-based USDT in circulation, as the firm Tether Limited seems to be issuing small amounts and testing the SLP framework.Tether (USDT) is
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Only 27% of Circulating Bitcoin has Moved in 2020; Why This Matters
Bitcoin’s ongoing bout of sideways trading has offered little insight into its mid-term outlook.New data now shows that Bitcoin’s price action throughout 2020 has been driven by a significantly limited number of market participants, which may explain why the crypto has been ranging between $9,000 and $10,000 for over six
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Almost 7% of Bitcoin’s Circulating Supply Resides in Exchange Wallets, Demand for “Hard Assets” Is Increasing: Report
Nearly 7% of Bitcoin’s (BTC) total circulating supply resides in the wallets of eight major digital asset exchanges, according to The Token Analyst.On October 8, the Token Analyst noted via Twitter that throughout Bitcoin’s history, the amount of the most widely-used crypto assets stored on exchange wallets has been increasing
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Fraudulent TON Investment Ads Reportedly Circulating Facebook
Fraudulent advertisements have reportedly begun circulating Facebook offering to join the Telegram Open Network (TON) investment platform.As Russian news outlet Kommersant reported on Sept. 20, ads promoting the so called “Successful Investor” account appeared on Facebook. Once clicked, the ad leads to a website disguised as Russian economics and
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