Search
Ethereum enters ‘scarcity mode,’ paving the way for ETH rally to $6K — Analyst
8.11.2024
Ether's price metrics have replicated 3 key bullish actions which resulted in a 120% rally in Q1 2024. Will it happen again?
Aethir partners with Filecoin to solve GPU shortage, boost AI
20.9.2024
Aethir and Filecoin’s partnership integrates GPU leasing services with decentralized storage, advancing AI and Web3 infrastructure
Aethir partners with Filecoin to solve GPU shortage, boost AI
20.9.2024
Aethir and Filecoin’s partnership integrates GPU leasing services with decentralized storage, advancing AI and Web3 infrastructure
Bitcoin Rockets to $63.8K: $6.36B in BTC Pulled From Exchanges in 30 Days
19.9.2024
On Thursday, bitcoin (BTC) soared to a peak of $63,882, marking a 7.8% increase against the U.S. dollar over the past month. During this same period, approximately $6.36 billion worth of BTC was pulled from crypto exchanges, hitting levels not seen since early November 2018. More Than 100,000...
Bitcoin’s Scarcity and Its Impact on Market Price
6.9.2024
Bitcoin, often dubbed “digital gold,” is renowned for its scarcity—only 21 million will ever exist. But how does…
Digital Scarcity — Billionaire Michael Dell and Michael Saylor Exchange Dialogue on Bitcoin
21.6.2024
On June 20, Michael Dell, the Chief Executive Officer of Dell, the American technology company known for developing, selling, repairing, and supporting computers and related products and services, shared his thoughts on bitcoin via the social media platform X. This interaction began with a response...
Bitcoin Scarcity Grows as Miner and Exchange Reserves Drop by 183,253 BTC Since January
7.6.2024
Over the past 158 days, starting from the beginning of the year, the quantity of bitcoin held by exchanges and miners has decreased by 183,253 BTC, valued at nearly $13 billion. Roughly 90.95% of this bitcoin withdrawal originated from cryptocurrency exchange reserves. Exchanges and Miners...
Major CEXs Experience 3X Surge in Monthly Trading Volumes from October 2023: Bybit
18.4.2024
A new Bybit report reveals a 3x surge in CEX trading volumes from Oct. 2023 to Mar. 2024, fueled by Bitcoin ETF approvals and rising investor confidence. However, DEXs like Uniswap v3 experienced even greater growth. The report also details how the upcoming Bitcoin halving could further impact...
Bitcoin Halving Inches Closer With Fewer Than 2,900 Blocks Remaining
31.3.2024
The next Bitcoin halving is on the horizon, drawing closer with each passing block and anticipated to take place anywhere between April 18 to April 22, 2024, at the milestone of block 840,000. Following this event, the reward for mining a block will halve from 6.25 bitcoins to 3.125 bitcoins....
Over 93% of Bitcoin Mined Ahead of Fourth Halving, Signaling New Era of Scarcity
18.3.2024
As of the current moment, 93.6% of bitcoin’s total supply has already been mined, leaving only 1.34 million bitcoins remaining to be extracted. After the upcoming halving event, the issuance rate of the leading digital currency will decelerate, significantly reducing its availability more...
Infrastructure Providers Warn of ASIC Scarcity for Bitcoin Miners
29.2.2024
Bitcoin (BTC) miners have begun to express a number of concerns ahead of the next halving event, which is set to occur in April. During the halving, the Bitcoin mining reward will be cut from 6.25 BTC to 3.125 BTC. Additionally, the Bitcoin network’s hash rate recently reached an all-time high...
NFT sales and pricing are driven by luck, scarcity, and optimism, according to multiple studies
29.11.2023
A glut of new research indicates that personal experiences may be the NFT market’s primary mover
Baldur’s Gate 3 Deluxe Edition Will Defy An Exasperating Trend
21.11.2023
Buying super special “collector’s editions” of video games can be like heading into treacherous waters. These often-expensive boxes full of goodies (and also a video game) tend to sell out pretty quickly, and then you’re more likely to find them for double the price on reseller sites like eBay...
Glassnode Data Shows Bitcoin Supply Less Liquid Than Ever Despite Market Gains
8.11.2023
The scarcity of the bitcoin supply has tightened, as revealed by the recent Glassnode study on onchain activities. Observations show that the inactivity of coins is touching both multi-year and unprecedented peaks, despite a substantial uptick in bitcoin’s value throughout the current year....
NASA’s Psyche Mission Could Challenge Gold’s Scarcity With $10 Quintillion Asteroid Haul
6.11.2023
Statistical forecasts suggest that the final bitcoin is expected to be mined by the year 2140, over a century from now, with an estimated 1,465,093.73 BTC still awaiting discovery. This finite supply is set to render bitcoin exceedingly rare. Meanwhile, NASA, the independent agency for space...
UK Residents Flags Privacy Concerns in Digital Pound Consultations: Bank of England
27.10.2023
The Bank of England (BOE) says the majority of 50,000 feedbacks it received from the public consultation on the digital pound revolve around privacy and fiat scarcity concerns. Jon Cunliffe, the bank’s Deputy Governor disclosed in a speech, Money and payments: a ‘black ships’...
Blockchain could have prevented Nigeria's naira scarcity effects - Local experts
8.9.2023
According to local stakeholders, the decision to print new naira notes could have occurred via DeFi, involving Nigerians and aiding readiness for the change
Web3 Games Platform Tamadoge Announces New Burn Program to Boost TAMA Coin Scarcity And Value
7.9.2023
Thursday, September 7th, 2023 – Web3 games platform Tamadoge today announces an exciting new burn program to boost the scarcity and value of its native token, $TAMA.
The burn program starts today as part of Tamadoge’s comprehensive strategy for reducing the circulating supply of $TAMA....
Pantera Capital Predicts Bitcoin to Skyrocket to $148,000 Post-2024 Halving
24.8.2023
In a recent “Blockchain Letter” to investors, published on August 22, Pantera Capital — a venture capital firm headed by Dan Morehead — has projected that the price of bitcoin (BTC) could soar to $147,843 per coin following the 2024 halving. The firm employed...
BNB & SHIB fails to trigger demand. Are DeFi users waiting for InQubeta’s scarcity model?
1.8.2023
InQubeta (QUBE) has raised over $1.9 million in token sales, while other altcoins like Shiba Inu (SHIB) and the BNB continue to see declining demand despite burn protocols that cut the total token supply down. The InQubeta project pushes the advancement of artificial intelligence (AI) while opening...