Bitcoin “Hodlers” Control 63% of the Total BTC Supply, New Data Shows
Bitcoin’s price action has done little to reassure investors of its near-term outlook, as the cryptocurrency has largely
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Market Wrap: Bitcoin Retests $10.8K; Total Value Locked in DeFi Hits $11B
Bitcoin’s price tested $10,800 to close out September while despite some market deflation, investors continue pushing crypto into DeFi.Bitcoin (BTC) trading around $10,701 as of 20:00 UTC (4 p.m. ET). Slipping 0.27% over the previous 24 hours.Bitcoin’s 24-hour range: $10,657-$10,859BTC above its 10-day and 50-day moving averages, a bullish signal
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Market Wrap: Bitcoin Hits $10.9K; Total BTC Locked in DeFi Passes 100K
Bitcoin is making gains not seen since early September; the amount of BTC locked in DeFi hits six figures. Bitcoin (BTC) trading around $10,778 as of 20:00 UTC (4 p.m. EDT). Gaining 0.70% over the previous 24 hours.Bitcoin’s 24-hour range: $10,252-$10,950BTC above its 10-day and 50-day moving averages, a bullish signal
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Total Value on Bitcoin’s Lightning Network Sets Another Record High Amid Market Rally
The Layer 2 protocol holds $12.4 million worth of bitcoins. Source
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Milestone Reached as Total Value Locked in DeFi Climbs to $6 billion
Decentralized finance reached a new milestone over the weekend as the Total Value Locked (TVL) in DeFi broke
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Report Cuts China’s Bitcoin Mining Capacity to 50% of World Total, Raises US’ to 14%
A new report by crypto research company Bitooda claims that China accounts for only 50% of global Bitcoin mining capacity, and the U.S. 14%.The data is in sharp contrast with earlier findings from the University of Cambridge Centre for Alternative Finance (CCAF), which put China’s share of the world
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Almost All Bitcoiners Are ‘Total Idiots’
Nassim Taleb, author of “Skin in the Game,” got into a small Twitter feud in which he explained that most investors can’t understand the nuances of a cryptocurrency like Bitcoin.According to a tweet posted by Nassim Taleb on June 21, Bitcoin (BTC) is a good idea but “almost all bitcoiners
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ERC-20 Tokens Now Make up Almost 50% of the Total Value Stored on Ethereum
Ethereum is getting closer to being flipped on its own blockchain, as other ERC-20 tokens now make up almost half of the total value stored on the network. However, the latest research from Messari Crypto suggests that while stablecoins have seen significant growth in the past few years, ETH still
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Grayscale Bitcoin Trust Buys Over 1.5 Times Total BTC Mined Since Halving
Grayscale Investments has purchased more than 1.5 times the number of bitcoins mined since the third Bitcoin halving for its bitcoin trust. This indicates that there is a strong institutional demand for the cryptocurrency, which is expected to grow significantly post the coronavirus crisis.GBTC Buys 1.5 Times the Amount
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Despite Trust Model Debates, Ethereum Is Bitcoin’s Largest Sidechain by Total Value Locked
The Ethereum network now has more bitcoin held in reserves than the Lightning Network, according to onchain statistics. At the time of publication, Wrapped Bitcoin (WBTC) has close to 4,000 BTC ($34.7M) held in reserves, while the Lightning Network has only 925 BTC ($8.3M). Wrapped Bitcoin Project’s Total Value
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