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CAKE Token Supply Cut — Pancakeswap Community’s Decisive Vote Spurs Market Surge
29.12.2023
The Pancakeswap community has sanctioned a governance vote to eliminate 300 million CAKE tokens from the crypto asset’s total supply. Records indicate that a substantial 97.88% of community votes supported the reduction of 300 million CAKE, decreasing the total supply from 750 million to...
Low Exchange Supply Could Trigger a Bitcoin Bull Run; Cardano (ADA) and RebelSatoshi (RBLZ) Await Impressive Returns
29.12.2023
In the constantly evolving world of cryptocurrency, the buzz is all about the potential for a Bitcoin bull run, fueled by a low exchange supply. This anticipated surge is not just good news for Bitcoin enthusiasts but also for altcoin investors, particularly those eyeing Cardano (ADA) and...
PancakeSwap Proposes to Reduce CAKE Token Supply by 300 Million
28.12.2023
More than 99.95% of the community, representing 70,000 votes from CAKE holders, favored the proposal shortly after it went live
PancakeSwap Developers Launch Proposal to Reduce CAKE Token Supply by 300 Million Tokens
28.12.2023
Adobe Stock / JorgeEduardo Decentralized exchange (DEX) PancakeSwap has introduced a proposal to significantly decrease the maximum supply of its native ecosystem token, CAKE. The developers seek to reduce the token supply from 750 million to 450 million, aiming to better align it with the current...
Exchange Bitcoin (BTC) Supply Back to 2017 Levels; Analysts Predict Upsurge for Injective (INJ) and RebelSatoshi (RBLZ)
22.12.2023
The cryptocurrency market is witnessing an intriguing pattern with Bitcoin (BTC), reminiscent of 2017 trends. On-chain data reveals a significant decline in BTC’s exchange supply, hitting levels last seen in 2017. This shift indicates a growing inclination among investors to hold onto their...
PancakeSwap Community Proposes CAKE Token Total Supply Reduction to 450 Million
21.12.2023
Adobe Stock / JorgeEduardo Decentralized cryptocurrency exchange, PancakeSwap plans to reduce the total supply of CAKE after a community proposal was announced to sustain its development roadmap. The team proposed the reduction via a community forum highlighting the development recorded so far...
Supply of Stablecoins on Ethereum Protocol 30% Lower Than in 2022 — Study
21.12.2023
The supply of stablecoins on the Ethereum chain has dropped by more than 30% from the peak of $100 billion to $66 billion since 2022. The study data shows BUSD and USDC as the two stablecoins which caused the overall market value to fall from $139 billion to $129.5 billion. Tron Stablecoin Supply...
Stablecoin Dominance Hits Lowest Since December 2021 Despite Record Monthly Supply
21.12.2023
Source: AdobeStock The entire stablecoin market cap dominance fell to 8.07% in December, recording the lowest market share since December 2021, despite adding the largest monthly supply last month since February 2022. The total market capitalization of stablecoins rose 3.43% to $128 billion...
Value of Stablecoins on Ethereum Sees 34% Decline, Tron Records 57.7% Growth since 2022
19.12.2023
Source: iQoncept / Adobe The value of stablecoins on Ethereum (ETH) has experienced a decline of 34% since 2022, while stablecoins on TRON (TRX) have seen a significant growth rate of 57.7% during the same period. According to a recent report from Sixdegree Lab, the supply of stablecoins...
Arweave Founder Accuses Irys of Planning to Fork the Platform, AR Token Plunges
18.12.2023
Arweave founder Sam Williams has taken to X to allege storage solution company Irys has plans to fork his decentralized information storage firm. “Motivated by greed” In a post from Sunday night, Williamson claims Irys is seeking to fork Arweave in an attempt to “drop the dataset...
FDUSD Rockets to $1.6B Market Cap, Becoming Fifth Largest Fiat-Pegged Crypto Amid Binance Concentration
17.12.2023
In the fortnight since Dec. 2, 2023, the stablecoin asset first digital usd (FDUSD) experienced a notable expansion, increasing its supply by 690 million coins. As of Dec. 17, 2023, this surge has elevated its market capitalization to a significant $1.61 billion. This period witnessed...
Crypto Analyst: Bitcoin Could Hit $1 Million in Days to Weeks After Spot ETF Approval
16.12.2023
Bitcoin Logo / Source: Adobe Bitcoin (BTC) has the potential to skyrocket to $1 million within a matter of days to weeks following the approval of a spot Bitcoin exchange-traded fund (ETF). According to Samson Mow, CEO of Jan3, the combination of limited Bitcoin supply on exchanges and a surge...
Is APT Going to Zero? Aptos Price Tumbles While New Bitcoin Mining Protocol Locks in $5.2 Million
14.12.2023
A massive $195m Aptos token unlock has triggered a tumble in APT price, as markets hesitate entering into the increased circulating supply, leaving some dejected holders asking ‘is APT going to zero?’. The unlock happened on December 12, in a planned move that saw 24.8m released onto...
Ether Supply Hits Lowest Level Since Shanghai Upgrade, Decreasing by Over 309,500 Coins
12.12.2023
Source: Adobe The supply of Ether has hit a new low since the historic Shanghai upgrade of the Ethereum (ETH) network, witnessing a decline of more than 309,500 coins since September last year. According to data from Ultra Sound Money, nearly 1.195 million ETH have been burned since the transition...
Stablecoin Supply Turning Positive and Rising Protocol Fees Among Key Narratives in 2023 — Study
11.12.2023
During Q4 of 2023, the stablecoin supply available to invest in crypto assets was $3.8 billion. This is the first time the net supply of the top five stablecoins has turned positive in nearly two years. In 2023, zero-knowledge (ZK) technology became one of the most consistent talking points in...
While Bitcoin (BTC) Holds Firm above $43,000, The Graph (GRT) and InQubeta (QUBE) Prepare for Big Shifts
7.12.2023
Within the constantly changing world of virtual currencies, Bitcoin is notable for its stability. Bitcoin has remained largely unaffected by recent market swings, with the best cryptocurrency holding firm currently trading above $43,000. A number of factors, such as institutional adoption, limited...
Tether’s Market Cap Soars by Over 35% to $90 Billion in 2023, Nearing Top 100 Global Assets
7.12.2023
Tether, the leading stablecoin by market capitalization, has seen its supply increase by 5.5% in the last month, achieving a significant market valuation of $90 billion. Since 2015, Tether’s Market Cap Has Swelled by 35,912,812% Since the dawn of 2023, tether (USDT) has experienced...
Traders Shift from Shiba Inu and Pepe to this P2E Memecoin – Find out Why
6.12.2023
TLDR NuggetRush stands out for its unique blend of meme and utility (P2E). It is tipped for a 70x upside by analysts. Its low token supply, 50 million, contributes to its appeal. The memecoin ecosystem isn’t short of promising tokens. Examples are Pepe (PEPE) and Shiba Inu (SHIB). However,...
BRN Metaverse Performs Unprecedented 90% Token Burn, Paving the Way for a New Era in Cryptocurrency
5.12.2023
PRESS RELEASE. [Istanbul- 05.12.2023] – BRN Metaverse, a groundbreaking project at the intersection of Artificial Intelligence, Metaverse and WEB3 Gaming, has officially announced a monumental token burn of 90% with a groundbreaking move. This strategic decision, announced through...
Coinbase CEO Alleges Bitcoin May Be the “Key to Extending Western Civilization”
4.12.2023
Coinbase CEO Brian Armstrong claims Bitcoin “may be the key to extending Western Civilization,” according to a series of posts made from his X account Sunday night. “An antidote to inflation” “The natural trend of whichever country has the reserve currency is to inflate the money supply...