Cryptocurrency Analysis and News Portal
Bitcoin has been the leading choice for investors in the crypto space being the first of its kind. However, there is more to why the cryptocurrency is so attractive for investors. The limited supply of the digital asset has secured its reputation as a deflationary asset, making it a great
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As of December 12, around 90% of all the bitcoin that will ever exist is in circulation today, and the top five exchanges hold 1.6 million bitcoin. The bitcoin holdings on Coinbase, Binance, Huobi, Kraken, and Okex combined represent 7.96% of the 21 million bitcoin supply cap. The bitcoin held
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Total circulating Bitcoin (BTC) hit a significant milestone on Monday morning, one and a half years after the last Bitcoin halving, as 90% of the maximum total supply has been mined.Current data from Blockchain.com shows Bitcoin in circulation hit 18.899 million as of Monday, meaning only 10% of the total
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Prices have mirrored the increasing supply as demand for newer bitcoin heats up. The asset exchanged hands for less than $0.10, when 10% of the supply was mined in early 2010, and hovered over $7.50 when 50% of the supply was mined in December 2012. As of press time, it
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“It turns out that it’s currently easier to borrow and lend with WBTC than BTC since users can interact with DeFi lending protocols like Compound, Aave and Maker to lend their WBTC and borrow USDC, dai, or other assets against it,” Joe Keefer, a trader at Grapefruit Trading, one of
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Transcript Angie Lau: It's something we’ve all unwillingly become well versed in — the global supply chain — which once upon a time was just in the background, whirring like a well-oiled machine. Well, it has not lived up to the stresses of modern day pandemic realities. So how can blockchain
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While it could be argued that new market entrants are coming to extract value from the market and leave, it appears that this must be a fringe case. Since the beginning of 2020, stablecoin supply has been almost “up only,” hinting that users may sell into stablecoins, but they are
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On-chain data shows that the percentage of Ethereum supply present on exchanges has set new lows of around 14%. Ethereum Supply On Exchanges Continues To Go Down As pointed out by an analyst in a CryptoQuant post, the ETH supply present on exchanges has been going down since a while now. It
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Data shows around 15% of the total Bitcoin supply is now in loss, a value that has historically been sufficient to push the price down. Percentage Of Bitcoin Supply In Profit has Fallen Down To Just 85% As per the latest weekly report from Glassnode, the total BTC supply in profit has
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The United States military continues to explore blockchain technology to improve its processes. The U.S. Navy has signed a $1.5-million contract with Consensus Networks to develop a blockchain-enabled logistics system named HealthNet back in May. The project, built on Internet of Things-focused blockchain IoTeX, is halfway complete, counting the days
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