ETF Buying Three Times More Bitcoin Supply than New Bitcoin Supply – Here’s What You Must Know
Bitcoin approaches $69,000 with traders optimistic about continued gains, supported by favorable economic policies and strong ETF inflows.
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Bitcoin approaches $69,000 with traders optimistic about continued gains, supported by favorable economic policies and strong ETF inflows.
Solana's layer-1 blockchain sees stablecoin supply surpass $3 billion, marking 55.72% growth in three months. USDC leads with 73% dominance, reflecting increased liquidity and capital influx. Factors include meme coin frenzy and expanding DeFi activity. Solana's growth signals its pivotal role in digital asset transactions.
Circle discontinues support for USDC on Tron blockchain, citing trust and safety concerns. Immediate halt in USDC minting on Tron; retail users urged to transition to other networks. Decision follows scrutiny over Circle's ties to Tron founder amid legal actions.
Stablecoin issuer Circle is bringing USD Coin (USDC) to the Celo (CELO) blockchain, fostering a strategic alliance to enhance stablecoin accessibility. This move aligns with Celo's vision of becoming a leader in real-world adoption, showcasing potential for further innovations in the evolving crypto landscape.
Approximately 57% of Bitcoin remains dormant for over two years, held by Long-Term Holders (LTHs) setting consecutive highs. This resilient group showcases strong conviction, potentially influencing Bitcoin's supply dynamics. The recent approval of Bitcoin spot ETFs by the US SEC and a decline in BTC stored on exchanges further suggest a supply squeeze. Bitcoin is trading around $45,900, reflecting a 4% increase in the past week. Traders monitor these trends for potential impacts on Bitcoin's price movements.
Irys plans to fork Arweave, resetting token supply, a move criticized by Arweave's founder as short-sighted and greedy.
Pengumuman tertanggal 24 Agustus tersebut menjelaskan bahwa negara tersebut menghadapi iklim kering selama paruh pertama tahun 2023, yang menyebabkan peningkatan panas yang kemudian meningkatkan permintaan listrik.
USDC telah mendapatkan kembali pasak $1.
Total pasokan USDC di Ethereum telah melampaui Tether, menjadikan pasokan USDT di Ethereum kedua untuk pertama kalinya.
Terlepas dari latar belakang bearish untuk seluruh industri kripto, total pasokan stablecoin telah mencapai $180 miliar, melonjak sebesar $9,5 miliar selama 30 hari terakhir.