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Bitcoin Hits New Low Since February, Options Market Stays Optimistic
4.7.2024
According to the latest data, $305.43 million was liquidated across crypto derivatives exchanges when bitcoin dipped below $57,000. One analyst predicts that with the Mt Gox and German government sell-offs, “supply will likely outstrip demand.” Conversely, QCP Capital notes that...
Astar Network to Burn 350M ASTR, 5% of Total Supply
2.7.2024
Multi-chain smart contract network Astar Network will burn 350 million ASTR tokens representing 5% of its total supply following a governance vote
VanEck files for Solana ETF, Ether supply inflates, and more: Hodler’s Digest, June 23-29
29.6.2024
VanEck seeks approval for Solana ETF, ETH supply rises 73 days in a row, and Satoshi-era wallet moves Bitcoin
Blast Token Debuts at $3B Value as 17% of Supply Airdropped to Early Adopters
26.6.2024
Blast is the second largest layer 2 network with $1.6 billion in TVL
Ethereum’s supply has been inflating for 73 days straight
26.6.2024
The supply of ETH has been gradually increasing since mid-April with the Dencun upgrade decreasing competition for block space on the mainnet
Blast airdrop to launch June 26, distributing 17% of supply to early users
25.6.2024
The Blast team announced that its token airdrop would commence on June 26 and that users who bridged assets to the network or used its apps would receive tokens
Tether’s slowdown in supply points to cooling crypto activity
25.6.2024
As of June 24, Tether’s month-over-month supply has risen by less than 1.5%, down from over 5% in April and May
Holograph Begins Process to Remove 1 Billion Illegally Minted Tokens, Burns 53 Million HLG
20.6.2024
The recently hacked tokenization platform, Holograph, has unveiled a token-burning process to eliminate one billion illegally minted HLG tokens. The Holograph team stated that this process, which has resulted in the burning of more than 53 million tokens so far, is expected to reduce the total...
Dogecoin whales exit, shedding 9% of total supply
20.6.2024
According to IntoTheBlock, a market intelligence platform, there have been some significant changes in the Dogecoin community in the last year. In particular, there is a decline in the ‘whales’ – the addresses that own 1% or more of all Dogecoins in circulation. This could be viewed as a bearish...
Bitcoin exchange reserve metric hits 3-year low
19.6.2024
Low exchange balances indicate low selling pressure and could trigger a supply shock as institutional investors continue to accumulate Bitcoin
What is an infinite mint attack, and how does it work?
18.6.2024
Learn about the devastating “infinite mint attack” in cryptocurrency. Understand how hackers exploit vulnerabilities to create unlimited tokens, causing massive inflation and price crashes
Study: Crypto Market Participants Favor Meme Coins, Shun High-FDV Projects
17.6.2024
Crypto market participants’ growing preference for character or celebrity meme tokens signals a growing disdain for projects with a high fully diluted value, the latest Kucoin report has said. Tap-to-earn projects have “remarkably higher overall participation data” due to their...
Former Binance CEO 'CZ' owns 64% of BNB circulating supply — Report
14.6.2024
Forbes estimates Zhao's net worth at a staggering $61 billion—ranking the former CEO as the world's 24th richest person
Report: Major Entities Hold Over 4 Million Bitcoin, Accounting for 27% of Supply
12.6.2024
The latest Glassnode onchain report reveals that major labeled entities collectively hold approximately 4.23 million bitcoin, representing over 27% of the adjusted circulating supply. This significant concentration of BTC holdings underscores the prominent role these entities play within...
Bitcoin ETFs sucked up 2 months of BTC mining supply last week
10.6.2024
In the first full trading week of June, U.S. Bitcoin ETFs acquired almost as much Bitcoin as they did in the entire month of May
Io.net CEO departs 2 days before token launch
10.6.2024
Ahmad Shadid, one of the founders of io.net, left “effective immediately” but said it wasn’t related to allegations regarding his past
Tether CEO Advises Caution Over Suspicious Airdrop Emails Citing Compromised Mailing List Vendor
6.6.2024
Paolo Ardoino of Tether and Bobby Ong of Coingecko have warned of a potential supply chain attack on the crypto industry. They reported that a prominent vendor managing mailing lists for crypto companies may have been compromised, urging caution against phishing emails related to fake crypto...
Spot Ether ETF could reduce ETH supply by 1.26M in first 5 months
5.6.2024
The US Securities & Exchange Commission has approved 19b-4 forms. It could approve S-1 registration forms any time later. This would pave the way for exchange platforms to enable traders and investors to engage with Spot Ether ETF. It is estimated that the approval of the registration form will...
Ether Price Poised for Supply 'Shock' as ETFs May Attract $4B Inflows in Five Months, K33 Research Says
4.6.2024
ETH will start outperforming bitcoin following the ETF launch after almost two and a half years of underperformance, the report said
Crypto exchanges see $3B Ethereum exit since ETF approvals
3.6.2024
Only 10.6% of the total Ether supply is currently on centralized crypto exchanges, its lowest level in years