supply

BTC supply last active in 2 to 3 years hits 2-year high amid consolidation

0xMain
May 15, 2023

2year, active, BTC, consolidation, Hacking, high, hits, supply, years

The amount of bitcoin (BTC) supply last active in the past two to three years hit a 2-year high despite the asset’s consolidation below the $29,000 price mark after plummeting below the threshold over a week ago. Glassnode, a blockchain data intelligence provider,...

Ethereum’s staked supply could increase while a price drop is expected

0xMain
April 11, 2023

drop, Ethereums, expected, Hacking, increase, price, staked, supply

The Shanghai upgrade will allow the network’s validators to withdraw their staked funds by executing the Ethereum improvement proposal (EIP) 4895. The Shanghai Ethereum upgrade, also known as the Shapella fork, is expected to be implemented on April 12. With the upgrade coming,...

Over half of bitcoin supply is dormant as accumulation continues

0xMain
April 11, 2023

accumulation, Bitcoin, continues, dormant, Hacking, supply

On-chain analytics provider Glassnode has recently released a report indicating that over 50% of the bitcoin (BTC) supply is dormant, pointing to a prevalent trend of holding and accumulating it. According to the data, these coins have been static for the last two...

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Stablecoin supply on cryptocurrency exchanges down 50% in 4 months

0xMain
March 26, 2023

Cryptocurrency, exchanges, Hacking, months, stablecoin, supply

Glassnode data on Mar. 26 shows that the stablecoin supply on exchanges has more than halved to less than $24b in four months. Stablecoin supply on exchanges dropping In November, stablecoin supply on exchanges stood at over $44b. Still, this figure, triggered by several fundamental...