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Ether (ETH) Set for 55% Surge After Key Technical Breakout, as Supply Turns Deflationary, Says This Well-Known Analyst
7.11.2023
Famous crypto data analytics firm Matrixport’s head of research Markus Thielen argued in a recent report that Ether (ETH) could be set for a more than 55% surge to $3,000. Ether is the second most valuable cryptocurrency in the world by market capitalization after Bitcoin (BTC) and powers...
9 tips for a food business considering blockchain for its supply chain
7.11.2023
With the right focus and plan, blockchain can add real value to the food and agricultural industry’s supply chain
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...
Mismatch Between the Demand and Supply of GPUs Stifling AI Innovation — Tory Green
4.11.2023
The mismatch between the demand and supply of graphics processing units (GPUs) is potentially stifling artificial intelligence (AI) innovation, Tory Green, the COO of the decentralized GPU cloud service provider io.net, has said. According to the COO, this mismatch stems from the fact manufacturers...
Analysts Observe Rising Stablecoin Supply, Indicating Capital Inflow
3.11.2023
The total supply of stablecoins has surged in recent weeks, coinciding with a significant rally in the price of Bitcoin (BTC), on-chain data shows. The growth in stablecoin supply has followed an extended surge in the broader crypto market that started after a false report on October 16 said a spot...
Stablecoin Market Rises by Over $600M in October Despite Mixed Supply Dynamics
3.11.2023
The stablecoin economy experienced growth in October after several consecutive monthly declines. In the last month, a total of $608 million was added to the fiat-pegged token market. Despite the increase, six stablecoins out of the top ten saw supply reductions during the month. Fiat-Pegged Token...
Pyth Network’s Token Airdrop Program Includes 75,000+ Eligible Wallets – Here’s How to Check Eligibility
2.11.2023
Pyth Network – a popular blockchain oracle provider – has announced plans for a “retrospective token airdrop” to community members who have contributed to its network. The airdrop will distribute 6% of the total supply of the network’s governance token, PYTH,...
Bitcoin crash pre-halving? Stablecoin metric that marked 2019 top flashes warning
1.11.2023
Two key BTC supply metrics show conflicting signals on whether a retracement will occur before the Bitcoin halving
No concerns over Bitcoin halving supply shock, says Bitvavo CEO
31.10.2023
The CEO of Dutch cryptocurrency exchange Bitvavo believes market dynamics will cater for the potential skyrocketing demand for Bitcoin in 2024
Rising M2 money supply will see crypto become 'supermassive black hole': Raoul Pal
31.10.2023
Historically, the cryptocurrency market has benefited from the rise in global money supply as the majority of the bull runs in the past coincided with the rise in fiat supply
Blockchain Technology Can Guarantee to Consumers ‘That Their Diamonds Have Been Ethically Sourced’ — Botswana President
31.10.2023
According to the president of Botswana, blockchain is one of the innovative solutions that the global diamond industry can use to ensure “blood diamonds” are excluded from formal markets. Using blockchain not only assures consumers but also enables them “to make informed choices...
Bitcoin Price Prediction as BTC Bulls Keep BTC Above $34,000: Is the Bullish Momentum Sustainable?
29.10.2023
Despite these fluctuations, Bitcoin’s supremacy in the market is undeterred, holding firmly to its #1 position on CoinMarketCap. Its current market cap is a mammoth $665.9 billion. Speaking of supply, 19.53 million BTC coins are in active circulation, with a capped limit set at...
FDUSD’s Meteoric Rise: 62% Surge in Supply and 6th Highest Trading Volume Globally
28.10.2023
In the span of the past 85 days, the recently introduced stablecoin known as FDUSD has witnessed a significant surge in its circulating supply, soaring by 62% since the commencement of August. This surge in supply has propelled FDUSD into the echelons of the top ten stablecoins by market...
Is It Too Late to Buy GALA? GALA Price Soars 44% as New Crypto Casino Project Enters the Spotlight
27.10.2023
Gala Games (GALA) has undertaken an impressive relief rally as GALA price pushes up +44% in defiance of legal headwinds from bickering top brass. CEO Eric Schiermeyer and Co-Founder Wright Thurston are expected to lock horns in an unfolding legal drama stemming from allegations of misappropriated...
Bitcoin Primed for 'Supply Shock' as Exchange Balance Drops to 5-Year Low, Analyst Says
26.10.2023
A spot ETF approval could fundamentally alter bitcoin's supply and demand dynamics as professional investors would allocate to BTC as an uncorrelated asset, Forex.com's Matt Weller told CoinDesk TV
PYUSD Supply Skyrockets by 49%, Marking a Shift in Distribution as New Holders Emerge
25.10.2023
According to current metrics, Paypal’s stablecoin PYUSD has increased its supply by more than 49% since the end of September, rising from 94.39 million to 140.86 million. Moreover, the number of PYUSD holders has risen by 55% since September 30, 2023. Concentration, however, is still evident...
Tether's USDT Stablecoin Supply Crosses $84 Billion Mark Amid Market Rally
24.10.2023
Tether’s stablecoin USDT reached a milestone on October 21 by surpassing the $84 billion supply mark. Data from Messari indicates a week-on-week increase of about $1 billion, coinciding with the current market rally--spurred by optimistic sentiment over the possible approval of a Bitcoin spot...
Worldcoin Adjusts Token Strategy; Shifts Orb Rewards and Alters Market Maker Agreements
23.10.2023
Worldcoin, which uses iris biometrics to create a unique human identity database, said Sunday it is changing the distribution of its circulating WLD token supply and its market maker loan agreements. The project, launched in July, will decrease the loan amounts to market makers and will start...
Sam Altman's Worldcoin Switches Orb Rewards Plan to Boost WLD Supply
23.10.2023
Users will receive WLD tokens, instead of USDC, starting Tuesday, as per a new developer document
10 Decentralized Finance Protocols Rule Over 52% of the WBTC in Circulation
23.10.2023
Over the span of ten months, since mid-December 2022, the cryptocurrency known as wrapped bitcoin (WBTC) experienced a reduction of nearly 23,000 coins from its circulation. Today, WBTC has 79,839 distinct wallet holders. Notably, a hefty 73.76% of these tokens are concentrated within the top...