Category: supply

LUNA drops 20% in a day as whale dumps Terra’s UST stablecoin — selloff risks ahead?

May 8, 2022

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Terra (LUNA) has plunged significantly after witnessing a FUD attack on its native stablecoin TerraUSD (UST). The LUNA/USD pair dropped 20% between May 7 and May 8, hitting $61, its worst level in three months, after a whale mass-dumped $285 million worth of UST. As a result of this selloff, UST briefly lost its United States […]

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Only 10% of the Bitcoin supply left to mine

December 13, 2021

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Fresh data shows 90% of the total Bitcoin supply is mined, but the rest will take a little longer to produce. 10438 Total views 105 Total shares Total circulating Bitcoin (BTC) hit a significant milestone on Monday morning, one and a half years after the last Bitcoin halving, as 90% of the maximum total supply […]

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$1.2B in Ether withdrawn from centralized exchanges in record daily outflow

September 17, 2021

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More than $1 billion worth of Ether has been withdrawn from centralized exchanges within a 24-hour period. It’s the second time this year and the price went vertical last time. 8102 Total views 43 Total shares More than $1 billion worth of Ether has been removed from centralized exchanges in 24 hours, leading to speculation […]

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3 reasons why Ethereum is unlikely to flip Bitcoin any time soon

August 7, 2021

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After a 13% rise in two days, Bitcoin’s (BTC) market capitalization surpassed $800 billion to reach its highest value in 79 days. During the same timeframe, Ether (ETH) accumulated a 45% gain in two weeks, placing the network’s market capitalization at $340 billion.  Positive expectations for the London hard fork and its potential deflationary effect […]

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Why’s Bitcoin stuck under $60,000? The gold market cap may hold the answer

April 9, 2021

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After rallying more than 100% in 2021, Bitcoin (BTC) seems to be struggling to turn the $60,000 level into support. After all, what is so special about this magic round number and its accompanying $1 trillion market capitalization? Gold’s $11 trillion market cap might hold the answer, as Bitcoin’s current trading volume and the amount […]

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Small and medium hodlers control 40% of the Bitcoin supply — data

February 3, 2021

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Distribution “keeps getting better,” says Willy Woo amid continued claims that Bitcoin as a network is too centralized. 3637 Total views 24 Total shares Bitcoin (BTC) ownership is becoming more decentralized every day, data shows, allaying fears that the supply is being controlled by an elite. Data from Glassnode reproduced by statistician Willy Woo on […]

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