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Bitcoin Alternative BTC20 Price Ready to Pump as Buybacks Kick in and 54% of Supply Staked
11.8.2023
Launched on Uniswap decentralized exchange yesterday, 'Bitcoin on Ethereum' coin BTC20 is proving an excellent advert for staking, with 54% of tokens now deposited into the smart contract.
At the time of writing, $3,303,345 has been staked at a current annual percentage yield of 79.47%, according...
BTC20 Price Can Explode 10x Today at DEX Launch After $2.4 Million Staked, 40% of Circulating Supply Locked For 107% APY
10.8.2023
Thursday, August 10, 2023 – The BTC20 price is primed to explode after more than 40% of its circulating supply was locked into the staking contract in its first 17 hours of operation.
BTC20 launches on the Uniswap decentralized exchange (DEX) at 3pm UTC today, Thursday, August 10.
BTC20 staking...
Aptos Token Surges on Microsoft Partnership Ahead of APT Supply Unlock
10.8.2023
Some $33 million worth of the tokens are set to be unlocked and tradeable on the open market
A Comprehensive Look at the New Paypal Stablecoin, Its Control Dynamics, and ‘Freeze’ Option Trending on Social Media
8.8.2023
At the time of writing, the official Paypal stablecoin PYUSD smart contract has been unveiled, and as it stands, the maximum aggregate supply amounts to 26,905,005.66 PYUSD. In spite of the existence of more than 26 million Paypal stablecoins, the contract continues to retain a substantial 92.91%...
Stablecoin Turmoil: $1.53 Billion Redeemed in a Month Amid Declining Trade Volume
7.8.2023
In the brief span from July 12, 2023 to August 6, 2023, the stablecoin economy witnessed a staggering loss exceeding $1.53 billion in value. Among the premier ten stablecoins, Pax’s pax dollar (USDP) experienced a redemption of 39% of its supply over the preceding 30 days. Unstable Times...
Report: US ETFs Signal Renewed Bitcoin Interest; BTC’s Limited ‘Hot Supply’ Eyes Bull Market
6.8.2023
As interest in bitcoin exchange-traded funds (ETFs) heats up, a new report from blockchain analytics firm Glassnode examines how much bitcoin is actually available for purchase. The report, titled “How Many Bitcoin Are For Sale?” published on June 26, 2023, looks at exchange flows...
While Worldcoin Sees a 148% Surge in Unique Addresses, the Top 20 Wallets Command 94% of WLD Supply
6.8.2023
Worldcoin’s native cryptocurrency, worldcoin (WLD), has oscillated in value between $2.69 and $2.13 per token throughout the preceding 12 days, peaking at $3.30 per coin on July 24, 2023. The number of individual addresses possessing WLD under Worldcoin’s umbrella has surged by more...
GHO and FDUSD Stablecoins See Massive Supply Growth in Recent Debut
3.8.2023
In a recent turn of events, the cryptocurrency world has been introduced to two stablecoins anchored to the U.S. dollar — Aave’s gho (GHO) and First Digital’s stablecoin FDUSD. These dollar-tied tokens have rapidly gained momentum, witnessing substantial growth in market...
Cato Institute Experts: Dollarization ‘Protects Ordinary People’s Purchasing Power’
31.7.2023
According to Cato Institute experts, full dollarization of the Argentine economy helps to protect “ordinary people’s purchasing power” from corrupt politicians and “often subservient—or simply incompetent—central bankers.” The experts said the loss of seigniorage should...
Navigating the Wrapped Bitcoin Landscape: 86,000 WBTC Exit Circulation in One Year
29.7.2023
Data reveals that since the start of the year, the count of circulating wrapped bitcoins (WBTC) has diminished, plunging by more than 22,000 WBTC. Notably, a year-long assessment reflects an even more significant contraction, with over 86,000 WBTC evaporating from circulation since last July....
KIN Token Surges Over 20% After Vote to Burn 70% of Supply Passes
28.7.2023
The token climbed on news that about 7 trillion KIN tokens worth $156 million will be burned
Examining Worldcoin’s Concentrated Supply at Token Launch
25.7.2023
Following the Monday, July 24, launch of the worldcoin (WLD) token, the cryptocurrency quickly peaked at $3.30 per coin but has since depreciated by over 35%. Despite 18 months of beta testing and claims of more than 2 million sign-ups, the token has a scant 164,195 holders with its circulating...
Economist Jim Rickards States BRICS Currency Will Leverage Gold to ‘Destroy the Dollar’
25.7.2023
Jim Rickards, economist and best-selling author, has explained the possible repercussions of issuing a BRICS bloc currency for the dollar. For Rickards, the “bric” (the name he gives to the BRICS currency) will be anchored (but not redeemable or backed) to a weight of gold and will...
Crypto’s Newest Sector: Telegram Bot Coin Economy Swells to $138 Million
25.7.2023
A new player has emerged in the constantly evolving cryptocurrency market: Telegram bot coins. These crypto assets, used within Telegram’s ecosystem, are leveraged to facilitate automated trades for users on decentralized exchange (dex) platforms. These distinctive crypto assets have turned...
Hot Meme Coin Burn Kenny Price Pumps 1.5x at Launch, 3-Day 30% Supply Burn Starts and Alpha Calls Kick In
24.7.2023
South Park-inspired meme coin Burn Kenny saw its token price soar 1.5x on launch day before finding a near-term bottom, and now consolidates as it gears up for more advances.
Presale buyers of the coin were sitting on initial gains of 60%, having bought the coin for $0.0001875 to see it touch...
Bitcoin Long-Term Holders Control 75% of Circulating Supply: Glassnode
24.7.2023
The balance kept in addresses that hold coins for at least 155 days has increased by $1.87 billion this month
Scarce Open Market Supply of Top Two Gold Tokens as Concentration Levels Run High Among Top Holders
18.7.2023
Over the last six months, the value of an ounce of gold has witnessed a 3.8% surge in relation to the U.S. dollar. Within the realm of cryptocurrencies, there exist two noteworthy tokens backed by gold: pax gold (PAXG) and tether gold (XAUT). Together, these tokens amass a considerable worth...
Aave Launches GHO Stablecoin on Ethereum Network
17.7.2023
Aave, a prominent lending protocol within the decentralized finance (defi) sphere, has unveiled GHO, a new stablecoin, which is now live on the Ethereum network. Aave users can now mint the stablecoin asset by leveraging Aave version three (v3). Aave’s Dollar-Pegged GHO Token Goes Live...
Ethereum’s Fiery Path: $6.6 Billion Ether Burned Since the London Hard Fork
16.7.2023
Drawing upon recent data, the Ethereum network has incinerated close to 3.46 million ether, translating to a staggering $6.68 billion in value burned since the London hard fork’s implementation on August 5, 2023. Taking into account the 710-day period that followed, the Ethereum network...
Buying the dip? Record 3.8% of the Bitcoin supply last moved at $30.2K
16.7.2023
Bitcoin on-chain data confirms the significance of $30,000 as a point of interest for BTC accumlation