Total Bitcoin Inscriptions count approaches 10M

Quick Take The total Bitcoin Inscription count is approaching 10 million – currently 9,574,192. Inscriptions are the metadata added onto Bitcoin Satoshis via the Witness portion of a Bitcoin transaction.

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1% Of Bitcoin’s Total Supply Has Just Been Seized By The Chinese Police

Chinese police have seized 194,774 Bitcoin (1% of Bitcoin’s total supply of 21 million BTC) worth over $3. 2 Billion, in the latest operation against the infamous PlusToken scheme that defrauded investors of approximately $7.

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Roger Ver: Bitcoin Wrapped on Ethereum Proves Lightning Network a ‘Total Failure’

Bitcoin Cash proponent Roger Ver stirred up a bit of controversy saying that the recent surge in Wrapped Bitcoin on Ethereum is proof that the Lightning Network (LN) has been a ‘total failure’ as a scaling solution.

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China: Bitcoin Hashrate Drops After Rainstorms Hit Sichuan Province

Bitcoin mining pools in China, including large and mid-sized operations, are seeing their daily hashrate drops by “10 to 20 percent” following monsoons in Sichuan, reported Coindesk on Tuesday. Rain Spoils the Day The Sichuan province is said to control over 50% (even 60%) of Bitcoin’s total hashrate.

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Bitcoin eyeing $13k as total market cap hits $380 billion

Bitcoin’s price spiked past the $12,480 level as a resurgent crypto market clocked over... The post Bitcoin eyeing $13k as total market cap hits $380 billion appeared first on Coin Journal.

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72% of Investors Will Hold Bitcoin Even if Price Falls to $0

A new poll finds that 72% of bitcoin investors are bullish about the cryptocurrency and will hold onto it even if the price somehow falls to zero. A total of 22,635 votes were gathered for this survey.

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Andreas Antonopoulos Calls the ETH Supply Debate “Unproductive and Dangerous”

Aside from DeFi, the debate surrounding Ethereum’s supply has been the trending topic on crypto Twitter over the last week. The debate hinges on two questions: what is the current circulating supply of ETH? And can its total be independently verified? This issue has been discussed before but was reignited by a tweet from Bitcoin […] The post Andreas Antonopoulos Calls the ETH Supply Debate “Unproductive and Dangerous” appeared first on BeInCrypto.

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Bitcoin, Ether, and XRP Weekly Market Update August 17, 2020

The total crypto market cap added $9. 3 billion to its value for the last seven days and now stands at $373. 7 billion. The top 10 currencies were mostly in green for the same period with ChainLink (LINK) and EOS (EOS) leading the group with 38.

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Bitcoin and Ether Market Update August 13, 2020

Total crypto market cap lost $5. 2 billion of its value since Monday morning and now stands at $358. 5 billion. Top ten coins were all in green for the last 24 hours with ChainLink (LINK) and ether (ETH) being the best performers with 29 and 6 percent of gains respectively.

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Coinbase’s Bitcoin Batching Has Saved 75% in Fees and Reduced Daily Transactions By 95%

Bitcoin transaction batching, which combines many send requests into a single transaction on Coinbase, has saved over 75% in transaction fees, and in turn, reducing total daily transactions by 95%. In their most recent blog, Coinbase reported the findings to highlight the benefits of Bitcoin transaction batching as a scaling solution to its customers, its […]

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MicroStrategy Buys Massive 0.1 Percent Of Total Bitcoin Supply

Business intelligence firm MicroStrategy has invested $250 million into bitcoin, accumulating about 0.1 percent of the total supply. The post MicroStrategy Buys Massive 0.1 Percent Of Total Bitcoin Supply appeared first on Bitcoin Magazine.

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MicroStrategy Buys 0.1 Percent Of Total Bitcoin Supply

Business intelligence firm MicroStrategy has invested $250 million into bitcoin, accumulating about 0.1 percent of the total supply. The post MicroStrategy Buys 0.1 Percent Of Total Bitcoin Supply appeared first on Bitcoin Magazine.

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Ethereum's percent of total liquid supply beats Bitcoin, XRP, Cardano

Ethereum [ETH] may rank second in terms of popularity among major cryptos but has definitely turned out to be a good investment in 2020. The digital asset has been returning nearly 174% to its investoThe post Ethereum's percent of total liquid supply beats Bitcoin, XRP, Cardano appeared first on AMBCrypto.

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Bitcoin, Ethereum Thought Leaders Fight It Out over “SupplyGate”

Over the past week, Bitcoiners insisted that Ethereum’s total supply is impossible to calculate, however, those in the Ethereum community disagreed and say its relatively easy. It resulted in a huge debate of sorts, termed “SupplyGate” by those in the space.

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How Much Ether Is Out There? Ethereum Developers Create New Scripts for Self-Verification

Ethereum and Bitcoin advocates have engaged in spirited exchange since Friday to answer an ostensibly simple question: What’s the total supply of ether?

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Bitcoin Locked on Ethereum Explodes Higher while Lightning Network Value Unmoved

The number of Bitcoin locked on Ethereum continues to grow at a fast pace. A total of 18,221 BTC are now locked in WBTC, which has its market cap reaching a new all-time high as well, in the north of $200 million.

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Bitcoin, Ether, and XRP Weekly Market Update August 10, 2020

The total crypto market cap added $24. 5 billion to its value for the last seven days and now stands at $364. 2 billion. The top 10 currencies were all in green for the same period with ChainLink (LINK) leading the group with 64.

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Nearly 14% of total Bitcoin supply held by retail investors

Bitcoin wallets holding 10 or fewer coins have surged to account for nearly 14%...

The post Nearly 14% of total Bitcoin supply held by retail investors appeared first on Coin Journal.

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Altcoins Account for One Third of Total Crypto Mining Power Usage

An analysis of the 20 largest crypto assets by market cap determined that Bitcoin mining accounted for only 66% of total power consumption.

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Small Investors are Flooding into Bitcoin as Whales Start Losing Market Dominance

The composition of Bitcoin’s investor base is rapidly shifting, with smaller investors garnering greater dominance over the total circulating BTC supply. This comes as the dominance of so-called crypto whales sees a sharp decline, signaling that the market is currently seeing inflows of smaller retail investors.

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OKCoin’s Fourth Developer Grant Recipient Brings Total Grants to Over $500K

OKCoin developer grants total over $500,000 with the latest grant going to Bitcoin’s most active contributor since 2017.

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Bitcoin and Ether Market Update August 6, 2020

Total crypto market cap added $15. 2 billion to its value since Monday morning and now stands at $353. 3 billion. Top ten coins were mostly in green for the last 24 hours with bitcoin (BTC) and ChainLink (LINK) being the best performers with 3.

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New Highs for DeFi Results in it Accounting for 95% of the Total Value Created on Ethereum

DeFi continues to push higher. Even though Bitcoin is surging today, reaching $11,600, the likes of Akropolis is up 30% against BTC and Bancor 13%. In yet another record, the total amount locked in DeFi has reached $4.

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Bitcoin, Ether, and XRP Weekly Market Update August 03, 2020

The total crypto market cap added $31. 8 billion to its value for the last seven days and now stands at $338. 6 billion. The top 10 currencies were mostly in green for the same period with Ripple’s XRP adding 36.

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Did Bitcoin Dominance Really Dip During the Rally?

Bitcoin dominance dipped this week despite its epic run-up to $11K. But new ways of calculating dominance are making their way into crypto. What is Bitcoin Dominance Anyway? When people talk about BTC dominance, most pundits are likely referring to the percentage of the total market cap of all cryptocurrencies represented by Bitcoin.

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Learn how to mix at MyCryptoMixer.com, the leading Bitcoin mixer in 2020

On June 24, the IMF published its quarterly World Economic Outlook report, describing the COVID-19 induced lockdown as the worst economic downturn in 90 years and predicting a total of nine trillion dollars of losses by 2022.

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BTC Bull Coming: Bexplus Exchange Helps You Double Profits

With Bitcoin retake $11,000, the crypto market has gone wild. While the recovery of the global economy is stalled, the crypto market has seen large influxes of capital and investors. By the end of July, the total market capitalization of cryptocurrency has surpassed $300 billion.

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Bitcoin and Ether Market Update July 30, 2020

Total crypto market cap added $17. 2 billion to its value since Monday morning and now stands at $324. 6 billion. Top ten coins were mostly flat for the last 24 hours with Crypto. com Coin (CRO) adding 1.

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Bitcoin, Ether, and XRP Weekly Market Update July 27, 2020

The total crypto market cap added $33. 5 billion to its value for the last seven days and now stands at $306. 2 billion. The top 10 currencies were mostly in green for the same period with ether (ETH) and Litecoin (LTC) leading the pack with 35.

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Bitcoin Futures Open Interest on CME Spikes Again, Rising 30% This Week in Total

Analytics provider Skew has published data saying that open interest for Bitcoin futures keeps surging on CME and is already up thirty percent this week

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Bitcoin and Ether Market Update July 23, 2020

Total crypto market cap added $11. 6 billion to its value since Monday morning and now stands at $284. 2 billion. Top ten coins are all in green for the last 24 hours with ether (ETH) and ChainLink (LINK) leading the pack with 7.

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Bitcoin, Ether, and XRP Weekly Market Update July 20, 2020

The total crypto market cap lost $1. 5 billion to its value for the last seven days and now stands at $272. 6 billion. The top 10 currencies were mostly in red for the same period with ChainLink (LINK) adding 10.

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‘Looking for the next Altcoin that will pump is a zero-sum game,’ Says Bitcoin Developer Jimmy Song

With Bitcoin and most of the top coins trading sideways for months, investors are looking at alternatives, especially low market capitalization coins that have huge potential. Bitcoin’s total dominance has dropped significantly over the past few months from a high of 70% to a current low of 62%.

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$6M Worth of Tether on the Bitcoin Cash Chain Highlights the Benefits of SLP Tokens

During the first week of July, crypto supporters noticed that Tether issued 1,010 stablecoins via the Simple Ledger Protocol (SLP) framework on Bitcoin Cash. Now there’s a much larger amount of SLP-based tethers in circulation as the company has minted a total of 6 million on the Bitcoin Cash blockchain.

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Bitcoin and Ethereum Volumes Double in Traditional Foreign Exchange For Institutional Trading

Trading volumes for bitcoin and ethereum have increased by 106% in a traditional foreign exchange (FX) platform that claims $2.3 trillion in total trading volumes during the first half of...

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Twitter Hackers Using Wasabi Wallet to Wipe Out Bitcoin Trail, Elliptic Says

Transaction data associated with crypto wallets used in the infamous Twitter hack suggests that out of the total of $123,000 worth of bitcoin (BTC), about 22% (approx. 2. 89 BTC) was sent to an address, that blockchain analysis firm Elliptic believes is a Wasabi wallet.

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Stablecoin Supply Doubles to 12 billion Following a 50% Cryptocurrency Market Price Drop

The total supply of stablecoins in existence has doubled to 12 billion, following an increased demand sparked off by the March 12 (Black Thursday) 50% crypto price crash. The findings from the latest research study by Coin Metrics, which is sponsored by Bitstamp, show that it took a period between March 12 and the first […] The post Stablecoin Supply Doubles to 12 billion Following a 50% Cryptocurrency Market Price Drop appeared first on Bitcoin News.

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Report Cuts China’s Bitcoin Mining Capacity to 50% of World Total, Raises US’ to 14%

A new report by crypto research company Bitooda claims that China accounts for only 50% of global Bitcoin mining capacity, and the U.S. 14%. The data is in sharp contrast with earlier findings from the University of Cambridge Centre for Alternative Finance (CCAF), which put China’s share of the world hash rate at 65% and […] The post Report Cuts China’s Bitcoin Mining Capacity to 50% of World Total, Raises US’ to 14% appeared first on Bitcoin News.

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Bitcoin and Ether Market Update July 16, 2020

Total crypto market cap erased $4. 6 billion from its value since Monday morning and now stands at $269. 3 billion. Top ten coins are mostly in red for the last 24 hours with ChainLink (LINK) adding 2.

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Bitcoin SV, Monero, BAT Price Analysis: 14 July

The digital asset industry is currently nursing a bearish pullback as the total crypto market cap dropped from $272 billion to $264 billion. As a result, the majority of the crypto assets were affecteThe post Bitcoin SV, Monero, BAT Price Analysis: 14 July appeared first on AMBCrypto.

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Bitcoin and Ether Market Update July 9, 2020

Total crypto market cap added $14. 6 billion to its value since Monday morning and now stands at $276 billion. Top ten coins are mostly in green for the last 24 hours with Crypto. com Coin (CRO) leading the pack with 3.

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The CME is Losing Its Bitcoin Options Market Dominance

The options market is becoming a prominent part of Bitcoin’s ecosystem, with the total open interest seen across all platforms rocketing higher in recent times. Late last month, the benchmark digital asset saw its largest options expiry ever, with nearly $1 billion worth of monthly and quarterly contracts expiring on a single day. At the […]

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Total Fees Paid On Ethereum Tops Bitcoin’s For 30 Days Straight. What This Means

Ethereum has consistently maintained higher total fees paid on the network than on the Bitcoin network for 30 days in a row, data from Glassnode shows. The fee volume has been above that of Bitcoin roughly since the 6th of June and experienced a sharp increase within the month to nearly $4 million before declining […]

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Ethereum Fees Surge Past Bitcoin for the Past 30 Days

Total fees collected on Ethereum have continued to trounce Bitcoin for the past 30 days. Ethereum fans argue that the evidence proves that demand for Bitcoin is waning. Demand on Ethereum is growing, and individuals are spending more in fees to use the network than ever before.

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Bitcoin Miners See Their Total Revenue Climb to $17.5 Bln with Hashrate Approaching New Highs

The cumulative revenue of Bitcoin miners has surpasses $17.5 bln after a lackluster June

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Bitcoin Wallets were Letting People Get Scammed with Faulty Balances

A bug in three major cryptocurrency wallets let scammers dupe people with double-spent Bitcoin, allowing unconfirmed transactions to count in a user’s total wallet balance. Unreliable Bitcoin Wallet Balances The...

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Bitcoin and Ether Market Update July 2, 2020

Total crypto market cap added $4 billion to its value since Monday morning and now stands at $262. 8 billion. Top ten coins are mostly in green for the last 24 hours with and Cardano (ADA) and Binance Coin (BNB) leading the group with 11.

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Bullish Case for Bitcoin Grows as BTC Whale Population Tops 3-Year High

On-chain data shows the total number of Bitcoin whales surpassed a 3-year high above 1,800 over the past 3 months.

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Bitcoin, Ether, and XRP Weekly Market Update June 29, 2020

The total crypto market cap lost $8. 3 billion from its value for the last seven days and now stands at $259 billion. The top 10 currencies were mostly in red for the same period with Cardano (ADA) as the only exception with 4.

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