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Peter Schiff Downplays Importance of Bitcoin Halving — Discusses ‘What Matters Most’ for BTC Price
14.3.2024
Economist and gold advocate Peter Schiff has downplayed the significance of the upcoming bitcoin halving, emphasizing a different factor that will drive the price of the cryptocurrency. He believes what matters the most is “how much of the current supply holders want to sell, not what miners...
Stage 1 Raffle Coin (RAFF) sets new records as limited supply presale sees USD Coin (USDC) & Ripple (XRP) holders scramble to buy early
10.3.2024
Stage 1 of the Raffle Coin (RAFF) presale has ignited a wave of excitement in the cryptocurrency market, setting new records and attracting the attention of investors worldwide. As the limited supply presale progresses, cryptocurrency enthusiasts, including USD Coin (USDC) and Ripple (XRP) holders...
FDUSD Climbs the Stablecoin Ladder, Fueled by Trading Volume and Supply Growth
8.3.2024
Statistics indicate that the first digital usd (FDUSD), a recently introduced fiat-pegged token launched in August 2023, has risen to become the fourth-largest stablecoin based on market capitalization. Currently, FDUSD holds the fourth position in terms of 24-hour global trading volume. FDUSD...
New Bitcoin ETFs and Grayscale Control a Combined 4% of BTC Supply, Valued at $53 Billion
8.3.2024
The latest figures reveal that the nine new spot bitcoin exchange-traded funds (ETFs) now control 390,525.3 bitcoins, valued at just over $26 billion at current market rates. These nine ETFs are rapidly approaching the holdings of Grayscale’s Bitcoin Trust (GBTC), which presently...
Mark Cuban: Bitcoin Demand to Outpace Supply, BTC Is a Great Store of Value
8.3.2024
Billionaire investor Mark Cuban, a minority owner of the National Basketball Association (NBA) team Dallas Mavericks, expects the price of bitcoin to go up due to the supply-demand dynamic. “I do feel that the demand is going to exceed the number of people selling,” he explained...
Bitwise CIO Says Bitcoin Could Top $200K This Year Citing ‘Too Much Demand, Not Enough Supply’
5.3.2024
Bitwise’s chief investment officer says bitcoin price could surge above $200K this year due to a “massive supply-demand dynamic,” emphasizing that “there’s too much demand and not enough supply” for the cryptocurrency. Predicting “an even bigger wave”...
Stablecoin Sector Sees $3.26 Billion Growth Spurt; Tether Nears $100B Milestone, USDE Supply Swells by 374%
3.3.2024
The stablecoin sector experienced a $3.26 billion expansion within the last eight days, climbing from $140.82 billion to $144.08 billion by Sunday, March 3, 2024. During February, increases in supply were observed in four of the top five stablecoins by market cap, with FDUSD’s supply growth...
OTC Desks Are Rapidly Running Out Of Bitcoin: Caitlin Long
1.3.2024
Bitcoin OTC desks are quickly being stripped of supply in the wake of several Bitcoin spot ETF launches last month.
The post OTC Desks Are Rapidly Running Out Of Bitcoin: Caitlin Long appeared first on Cryptonews
Jubilant WSM Casino Celebrates $100M Wagered With Major $1 Million $WSM Airdrop Announcement
1.3.2024
Friday, March 1, 2024 – The Wall Street Memes community are jubilant after a big burn event saw 5% of $WSM supply incinerated, and to keep the party going, WSM Casino has revealed plans for a massive $1 million $WSM airdrop. WSM Casino announced the airdrop as a celebration after the leading...
Floki Developers Plan to Burn $11M Tokens, Reducing Supply by 190B FLOKI
29.2.2024
The figure represents 2% of the token’s circulating supply, or the number of tokens on the open market
BTC supply in profit ratio is at 94.98%, which is very high
28.2.2024
The profit ratio for the supply of Bitcoin is the highest at 94.98%. It serves as an indicator for determining the highs and lows of a prolonged cycle. The present ratio is identical to the ratio documented during the zenith of the echo bubble in 2019 and the onset of the bull market in 2020....
Bitcoin Miner Riot Warns of Profit Risks Due to Chip Shortage and Climate Regulations
26.2.2024
On February 23, popular Bitcoin miner Riot Platforms issued a cautionary statement regarding potential profitability challenges in its business operations. The company cited various factors, including global supply chain disruptions, chip shortages, and increasing regulatory scrutiny around climate...
New Wall Street Memes Burn Mechanism Fires-Up – Don’t Miss As 5% of $WSM Supply Set For Inferno
20.2.2024
Tuesday, February 20th, 2024 – Wall Street Memes’ major new burn mechanism has ignited into action, with an unmissable 5% of the $WSM supply heading for the furnace. The launch of the burn mechanism marks the beginning of an exciting deflationary force in $WSM token dynamics, after...
Ether's Fundamental Supply Outlook Better Than Bitcoin's, Analyst Says as ETH Tops $2.9K
19.2.2024
Ether has rallied 16% in seven days, outperforming bitcoin's 8.5% rise
Bonk Price Prediction as BONK Sees $50,000,000 Trading Volume Flood In – Are Whales Buying?
18.2.2024
Amidst a surge of activity, Bonk price has become a focal point for traders, as its price hovers at $0.000013 and trading volumes soar. The recent influx of $72,954,797 signals a robust market interest, potentially leading to a bullish Bonk price prediction. With a market cap of $828.4 million...
Stablecoin Sector Swells by $1.7 Billion in February; USDC and FDUSD Lead Supply Growth
14.2.2024
Statistics reveal that since the onset of February 2024, the stablecoin sector has experienced a significant expansion, with an increase of $1.7 billion in its economy. In the last 30 days, both usd coin and first digital usd witnessed their supplies jump by 9.6% and 40.3%, respectively....
Bitcoin Short Squeeze Wipes Out $89M as Price Surges to $52K; ETF Inflows Hit $4B
14.2.2024
The price of bitcoin soared past the $52K milestone on Wednesday, reaching $52,056 per unit on Bitstamp at 10:05 a.m. Eastern Time. Bitcoin’s meteoric rise over the past day triggered a wave of liquidated leveraged positions, wiping out $89.28 million in short positions. ‘Sustained...
Michael Saylor Believes Demand for Bitcoin Products Is 10x the Supply
13.2.2024
MicroStrategy co-founder and executive chairman says his company is re-branding as a bitcoin development company during CNBC interview
Raging Inferno: Over 3% of All Ether Supply Has Been Burned Since Implementing EIP-1559
12.2.2024
Ethereum has shed a significant part of its supply since the London upgrade, applied in August 2021. According to ultrasound.money, a portal that records several statistics associated with the ETH burn, over 4 million ether (3.2%) have been removed from the network since the adoption of EIP-1559...
Bitcoin Active Supply Surges as Long-Term Holders Start Moving Assets
9.2.2024
Market activity around Bitcoin (BTC) has increased since the approval of spot Bitcoin ETFs by the United States Securities and Exchange Commission (SEC). A recent market report from Bitfinex shows a slight increase in the amount of BTC in circulation. Long-term investors are holding on to more...