Cryptocurrency Analysis and News Portal
A recent survey conducted by the Australian cryptocurrency exchange Independent Reserve revealed that bitcoin was the preferred cryptocurrency asset among young adults, followed by ether. Bitcoin and Ethereum Popular Among Singaporeans The crypto exchange published the result of its survey on Monday (July 26, 2021). According to the report, the study was
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Payments fintech company Circle revealed a breakdown of the assets backing the dollar-pegged stablecoin USDC, as part of efforts to ensure transparency and accountability. Assets Backing USDC Stablecoin In an attestation report by major accounting firm Grant Thornton, the company revealed the reserves backing USDC. A total of 22,176,182,251 USDC was in
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The Ripple exec was responding to a question asking whether a majority vote could force the destruction of XRP held in escrow. Source
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Grant ranging from $1,000 to $5,000 will be paid out in dollars. Once Stacks 2.0 goes live, the funding switches over to STX. Source
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Data from on-chain analytics firm Glassnode shows over 61 percent of Bitcoins on the open market have not moved in over a year. In contrast, the usage of Bitcoin-pegged ERC20 tokens has increased. Bitcoin a HODL or Inherent Risks? On-chain analytics firm Glassnode shows a majority of all Bitcoin has not moved
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Only 3.5 million bitcoin or 19% of total circulating supply is actively traded throughout the world, while the rest is being held long-term by investors, according to a new report by crypto analytics company Chainalysis.Per the report, nearly 18.6 million bitcoin (BTC) has been mined as of June 2020.
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In summary:60% of the Bitcoin in existence is held as a long-term investment.20% of the Bitcoin ever mined has not moved in five years or more. Approximately 19% of the Bitcoin mined, moves frequently and is used for trading. The team at Chainalysis has released a comprehensive report that highlights how investors
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With a lot of uncertainties surrounding the global crypto industry, it is indeed great news to find that consumers are happily choosing cryptocurrency as their preferred means of making purchases, as a new study suggests.This was revealed in a recent research conducted by KPMG, one of the ‘Big Four’ accounting
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