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Bitcoin 90-Day Active Supply Soars to Pre-2017 Bull Run Level: Report

A new report analyzing on-chain activity says that Bitcoin (BTC) is now due for a bullish phase based on supply movements.Published by asset manager Stack Funds on July 2, the findings suggest that 90-day active supply is dictating bullish potential for BTC/USD.BTC price to rise “sooner rather than later”Publishing an

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Demand for Bitcoin Will See a Dramatic Shift in 8 Years – Retail Addresses to Eat up Entire New Supply

A recent report from ZUBR Research explains that by 2028, retail demand for bitcoin will exceed the new supply. The report highlights that in eight years as Bitcoin’s supply rate decreases “retail size addresses [will] begin to eat up all the new supply alone.” Even the next halving in

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Ethereum Supply Is 40M Lower Than Originally Expected

Vitalik Buterin tweeted today that the Ether (ETH) supply is 40 million less today than what was estimated in the original whitepaper. He believes this refutes the theory that Ethereum is run by inflationist technocrats.Buterin’s tweet from June 17, 2020. Source: Tweeter.What about Ethereum development?The estimate cited by Buterin was forecasting a

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Inactive Bitcoin Supply Reaches 4-Year High, Pointing to Bullish Sentiment

On-chain data indicates crypto investors aren’t taking profits but are holding on despite uncertain economic conditions and bitcoin’s strong performance.  At the time of publication, 60.63% of all bitcoins have not moved in at least a year, according to data from Glassnode. This data suggests bitcoin ownership is consolidating, and investors

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80% of Ethereum‘s Supply is in Profit; What This Means for ETH

From a technical perspective, Ethereum’s price action has been relatively lackluster in recent times, with buyers struggling to garner any sustainable uptrend as the crypto closely tracks Bitcoin’s price action.One data metric does indicate that investors have been heavily accumulating throughout the course of the cryptocurrency’s recent downturn.This accumulation has

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Fiat Faces Bitcoin ‘Flattening’ as Covid-19 Sends M2 Supply Over $18T

[sociallocker id="55298"] The battle of Bitcoin (BTC) versus fiat money is witnessing not a flippening but a “flattening” as coronavirus upends economic policy.A chart of the United States’ M2 money supply compared to the largest cryptocurrency shows that while one is leveling out its supply, the other is going “parabolic.”BTC

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Bitgrin Minted Billions of Tokens Despite 21M Supply Cap, CoinMarketCap Warns

[sociallocker id="55298"] The Bitgrin (XBG) network appears to have minted billions of tokens, despite a declared max supply limit of 21 million XBG.On June 4, leading cryptocurrency information website CoinMarketCap warned its followers about the anomaly on Twitter. The announcement reads:“Alert Issued: We have received reports that billions of XBG

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