Standard Chartered predicts Bitcoin’s future value

Standard Chartered forecasts potential growth in Bitcoin's valuation, emphasizing mining dynamics and intrinsic supply constraints as key drivers.

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How MakerDAO plans to beat the market

In a challenging DeFi landscape, MakerDAO saw growth with a rebound in DAI supply. Introduction of SubDAOs aimed to enhance governance and expand capabilities. Despite the DeFi sector's receThe post How MakerDAO plans to beat the market appeared first on AMBCrypto.

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Will Chainlink face sell pressure after massive token unlock

LINK’s circulating supply increased courtesy of the latest token unlock. Assessing price impact and latest development which underscores long term potential growth. The LINK token’s circThe post Will Chainlink face sell pressure after massive token unlock appeared first on AMBCrypto.

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Bitcoin Halving Is Nice, but Kickstarting Bull Run Requires Fiat Money Supply Growth

The magnitude of the expected halving-led uptrend in bitcoin is likely contingent on major central banks boosting their year-on-year M2 money supply growth rates, past data show.

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$SCORP Has Rising Demand and Falling Supply Mechanics Built-In For Exponential 20x Growth – Here’s Why You Need to Pay Attention

$SCORP has raised over $800,000 in its presale as investors rush to get positioned in the passive income-earning opportunities it provides. Experts believe that exponential growth beyond 20x returns is possible due to its unique characteristics of balancing a rising demand with a falling supply.

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Long-term holders weather brief volatility surge

Key Takeaways Long-term holders now hold 75% of the total circulating supply of Bitcoin The cohort has been growing steadily over the last eighteen months Enthusiasts hope the growth in the number of coins hoarded by long-term holders will cause a supply shortage and squeeze the price upward in the long-term The last eighteen months […] The post Long-term holders weather brief volatility surge appeared first on CoinJournal.

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More Bitcoin leaves exchanges as network growth continues

BTC supply on exchanges was at an all-time low. The number of new addresses has, however, remained above 500,000. Lately, it seems that individuals who own Bitcoin [BTC] are opting to retainThe post More Bitcoin leaves exchanges as network growth continues appeared first on AMBCrypto.

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How MakerDAO's strategies have galvanized demand for DAI, MKR

Over the last two months, MKR supply sent to exchanges has steadily pushed higher DAI's circulating supply registered the highest growth since March's banking crisis MakerDAO [MKR], popularlThe post How MakerDAO's strategies have galvanized demand for DAI, MKR appeared first on AMBCrypto.

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USDT's marketcap reaches new all time high and this is why it's important

Tether increases USDT’s circulating supply to historic highs. USDT volumes are not quite there yet but positive address growth continues. Tether’s USDT has been the top stablecoin by marThe post USDT's marketcap reaches new all time high and this is why it's important appeared first on AMBCrypto.

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Shiba Inu Breaking Records: Huge Network Growth And Supply Scarcity

In the fast-paced world of crypto, where trends come and go like the tides, one memecoin has managed to capture the attention of enthusiasts and skeptics alike: Shiba Inu. However, investor sentiment has deteriorated massively in recent months, as the price of the SHIB token has been in a descending trend channel since the beginning […]

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USDT Dominance Hits Highest Level Since May 2021, While USDC Slumps

Data shows Tether (USDT) has recently observed growth in its dominance, while USD Coin (USDC) and others have lost market share. USDT Dominance Has Grown To A Value Of 67. 6% Now According to data from the on-chain analytics firm Glassnode, the relative supply dominance of USDT has continued to increase recently.

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Bitcoin supply held by shrimps hits all-time high of 1.31 BTC

Bitcoin wallets with less than 1 BTC now hold an all-time high of 1. 31 million coins. Shrimps have been adding an average of 26,000 BTC every month, data shows. The growth of the shrimp cohort is a positive development for the Bitcoin network.

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Long-term holders hit all-time high – roughly 5 months after FTX collapse

In this exclusive Alpha article, we reveal the impressive growth of Bitcoin's long-term holders (LTHs) and their impact on the market. Our analysis uncovers the record-breaking LTH supply and their recent accumulation activities.

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Post-Merge Ethereum: $4.9B in potential supply growth averted through Proof-of-Stake transition

It has been 217 days since the Merge when Ethereum (ETH) shifted from the energy-intensive Proof-of-Work (PoW) consensus mechanism to the eco-friendly Proof-of-Stake (PoS) consensus mechanism. Since then, the cryptocurrency has seen a significant drop in its native token — burning 104,939.

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MakerDAO: Whales extend solidarity as MKR braces for key battle on this front

The MKR supply held by top addresses increased over the past week. DAI's borrowing volume failed to show appreciable growth in the past few months. According to data from Santiment, MakerDAOThe post MakerDAO: Whales extend solidarity as MKR braces for key battle on this front appeared first on AMBCrypto.

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Cardano (ADA) Price May Benefit From This New DJED Stablecoin Milestone, Here's How

DJED stablecoin can trim ADA supply, thus pushing price growth

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Ethereum holders shorting ETH in bull market should read this first

Ethereum addresses with a non-zero balance rise to reach an all-time high. The king alt's percent supply in profit also crossed over the 60 mark. Over the years, there has been a growth in EThe post Ethereum holders shorting ETH in bull market should read this first appeared first on AMBCrypto.

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Almost Half of Shiba Inu Supply Gone Now, 60 Trillion Left to Destroy

With gradual destruction of Shiba Inu's supply, growth potential is rising

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Avalanche, Ethereum, and how BTC.b could trigger a rally for AVAX

Avalanche’s BTC. b witnessed a massive growth in supply But, Avalanche's TVL witnessed a continued decline According to Data Analytics' tweet on 2 December, the amount of Bitcoin Avalanche The post Avalanche, Ethereum, and how BTC.

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CryptoSlate Wrapped Daily: Binance to set up blockchain team for Twitter after $500M investment; Terra collapse sparked BTC supply growth

The biggest news in the cryptoverse for October 28 includes Binance making a $500 million contribution to Elon Musk’s Twitter deal, Ethereum outperforming other Layer-1 networks, deBridge introducing a new standard for cross-chain transfers, and Wisdom Tree recording a loss of about 36% in crypto assets in the third quarter.

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Terra collapse sparked explosive growth in long-term Bitcoin supply

The Terra collapse, in which $60 billion of value evaporated, has already gone down as a defining moment in cryptocurrency history. The post Terra collapse sparked explosive growth in long-term Bitcoin supply appeared first on CryptoSlate.

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Algorand records growth in on-chain activity. Here is what it needs to become bullish

The FIFA World Cup is fast approaching. The Algorand token (ALGO/USD) will likely be in the limelight as the platform is the official blockchain partner of the global event. Aside from increased publicity, Algorand will supply FIFA with blockchain-enabled wallet solutions.

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Ethereum Post-Merge Update: Where have the miner rewards gone?

Analysis on PoS Ethereum’s supply growth and yields for ETH stakers

The post Ethereum Post-Merge Update: Where have the miner rewards gone? appeared first on CryptoSlate.

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Polygon can see volatile price move in near term- here's why

Polygon network continues to see impressive growth within its ecosystem. Just a day ago, the Polygon contract address released 13.87% of the total supply to the foundation contract address. FollowiThe post Polygon can see volatile price move in near term- here's why appeared first on AMBCrypto.

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Stablecoin Supply Near $200 Billion, Faster Growth Than Rest of Crypto

Stablecoin supply shows significant growth during the year. The market cap of the top stablecoins is roughly $181 billion, over 11% of the total crypto market, which is now at $1,6 trillion after shedding over $140 billion in the past two days over geopolitical concerns.

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USDC supply surpasses USDT on Ethereum

The stablecoin market has seen explosive growth over the past years.

The post USDC supply surpasses USDT on Ethereum appeared first on CryptoSlate.

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Shiba Inu Whales Hold 26% of Supply as Net Flow Rises by 176%

SHIB rally slows down while net flow growth totals 176% and whales stop at owning 26% of token's supply

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Growth Of Bitcoin ETFs & Other Instruments Doesn’t Support Supply Shock Narrative

Data shows while the Bitcoin supply present on exchanges has been trending down, growth in other investment vehicles like ETFs and WBTC has been making up for this drop. Bitcoin Exchange Reserves Decline, But ETF And Other Instruments Enjoy Growth As per the latest report from Arcane Research, BTC exchange reserves have seen significant decline this year, but the growth in newer investment instruments like ETFs has made up for it.

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Stablecoin Supply Rose By Over 300% In 2021 – Here’s What Drives Their Meteoric Growth

As the general cryptocurrency ecosystem grew, stablecoins tapped into the spurt to expand by over 300% in the year. The growth of stablecoins in the calendar year is intricately tied to the general popularity of cryptocurrencies, Tether’s USDT and Circle’s USDC are the largest stablecoins in the market with a combined market capitalization of $118 […]

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Supply chain woes and the growth of Web 3.0 back OriginTrail’s fresh ATH

A decentralized focus on supply chain logistics and the growing popularity of Web 3.0 applications back TRAC’s move to a new all-time high.

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MakerDAO (MKR) hits a new milestone — DAI’s total supply increases by 46 times

MakerDAO (MKR/USD) is one of the oldest DeFi projects that has been around for years now. However, it has never seen as much growth as it did in the past year, during the DeFi sector’s explosion that started in 2020, and is still going at full strength.

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Ethereum, China, and how they played a part in Tether's flattened supply

Every sector within the digital asset industry saw significant growth in 2021. This included developments in DeFi, Bitcoin's new ATH levels, and the growth of pre-existing projects such as Cardano andThe post Ethereum, China, and how they played a part in Tether's flattened supply appeared first on AMBCrypto.

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Messari Report: USDC Is The Most Dominant Ethereum-Backed Stablecoin

The growth of USDC in 2021 is more tremendous than that of Tether. The Ethereum-based USDC stablecoin is gaining immense traction as the experts deem it as the most dominant asset. In coming weeks it is very likely USDT’s share of the stablecoin supply on Ethereum will fall below 50% for the first time. USDC […]

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What Can You Buy With Bitcoin in 2021?

Lampshades, puppies and luxury sports cars are just a few of the available goods and services people can purchase with cryptocurrency. Bitcoin has increased in price to over 55,000 USD. Recognizing its growth potential, large companies like Walmart have begun implementing blockchain technology to improve their supply chain.

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DeFi growth helps push crypto’s share of the global money supply above 2%

The cryptocurrency market now accounts for 2% of the global money supply as DeFi and stablecoin growth point to steady increases in adoption.

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Tether Surpasses $50 Billion Market Cap Milestone

This is also representative of the overall growth of stablecoins. In the past 30 days alone stablecoins, including Tether, have risen in value by almost 30%, from $61 billion to $78 billion. Tether growth on TRON In another sign of Tether’s growth, it has now surpassed Ethereum in terms of supply on the TRON blockchain.

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USDC v. USDT: Could a 'flippening' be coming soon?

There seems to be no stopping the growth in the supply of stablecoins, but Coinbase-backed USDC, in particular, has reported massive gains this year to become the second-most used stablecoin in the maThe post USDC v.

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Glassnode Co-founder Believes the Illiquid BTC Supply Growth Is Bullish

Glassnode co-founder and on-chain analyst Rafael Schultze-Kraft considers this is a bullish sign ahead of Bitcoin. On the Verge of BTC Consolidation? Currently, there are more than 14,5 million BTC termed to be illiquid, according to glassnode.

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Bitcoin: Will its price correspond to the hike in exchange-traded volumes?

Bitcoin's growth story this season has been fueled by low Bitcoin supply on exchanges and high stablecoin supply. Historically, these two factors have been a recipe for a price rally. With Bitcoin's eThe post Bitcoin: Will its price correspond to the hike in exchange-traded volumes? appeared first on AMBCrypto.

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Will CBDCs replace stablecoins?

The growth of stablecoins within the crypto industry has surged in the past year, with the total supply reaching $31.7 billion at the time of writing. Source: The Block Most of the growth has bThe post Will CBDCs replace stablecoins? appeared first on AMBCrypto.

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Cypriot Hospital Tracks Covid-19 Vaccination Records With VeChain

With all the growth in Bitcoin, Ethereum, and other ‘mainstream’ cryptocurrencies, other useful blockchain applications are being overlooked. One of those may be VeChain, a decentralized supply chain management platform.

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What the drop in Tether's supply means for Bitcoin's price

Tether’s market capitalization has mushroomed from $2 billion in February 2019 to $20 billion, at the time of writing. What went behind this 10x growth varies across a host of factors, namely, the iThe post What the drop in Tether's supply means for Bitcoin's price appeared first on AMBCrypto.

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Escalating demand: Circle adds 300 Million USDC to circulating supply in six days

The second most popular stablecoin USD Coin has experienced tremendous weekly growth after adding 300 million USDC to the circulating supply, bringing the total to 3. 3 billion USDC. The growth has been linked to high demand for USDC in the crypto market.

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Bitcoin Price Nears $18,000 As Market Cap Hits All-Time High

Bitcoin has just hit a market capitalization of $327.3 billion for the first time ever. The last all-time high was $324 billion back in December 2017 when Bitcoin was close to $20,000. The increase in market cap is mostly due to the growth of the circulating supply of Bitcoin. However, it’s important to note that […]

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DAI's growth is crucial to DeFi, here's why

The stablecoins sector has been working behind the scenes and has been witnessing great growth in 2020. Even though Tether was at the top spot in terms of its supply, DAI and USDC were catching up.

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Yield farming fuels 623% growth in DAI supply to nearly $1B

Demand for Ethereum-based stablecoins exploded during the third-quarter DeFi bubble, with Dai’s supply growing by more than 600% and USDC expanding 200%.

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Bitcoin Held By Public Companies Now On Par With Past Market Cap

The Bitcoin market cap is hovering at roughly $211 billion currently, but four years earlier, it was a meager $6.8 billion. This figure matches the BTC supply public companies now hold alone, and it could provide the “writing on the wall” regarding what to expect in terms of the asset’s future growth. Bitcoin Matures Into […]

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Over 15% of ETH Supply Locked in Smart Contracts, BTC Dominance Declining

The rapid growth of decentralized finance (defi) protocols is contributing to the increasing proportion of ETH supply that is now locked in smart contracts. More than 15% of the total ETH supply is now locked, compared to 11.

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Tether Beats Bitcoin and PayPal in Average Daily Transfer Value

Coinspeaker Tether Beats Bitcoin and PayPal in Average Daily Transfer ValueThe Tether Transparency report showed Tether’s continuous growth in terms of supply. The report revealed that USDT’s supply has now exceeded $13 billion.

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