Bitcoin’s circulating supply has fallen near the end of 2021, with December representing the lowest month on average in years for Btc supply. 6.3% Of BTC On Exchanges The amount…
Supply
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More participants continue to join the Bitcoin (BTC) network despite the continued consolidation between the $46K and $50K range. Educational platform On-Chain College confirmed: “Bitcoin addresses with a non-zero…
- Bitcoin
Growth Of Bitcoin ETFs & Other Instruments Doesn’t Support Supply Shock Narrative
by Mikiby MikiData 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…
- Blockchain
Only 1% of Bitcoin Holders Controls 27% of Total Circulating Supply, Study Shows
by Mikiby MikiA new study conducted by The National Bureau of Economic Research, an American private nonprofit research organization, has shown that only about 10,000 Bitcoin (BTC) holders own as much as 5…
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The global crypto market cap is currently standing at $2.17T, with a 2.55 percent drop over the last day, along with the total crypto market volume reaching $79.80B, i.e., a 1.84 percent increase in…
- Bitcoin
BTC Tanks Under $47K Despite Bitcoin Exchange Supply At 31-month Low, Big Hands Buying?
by Mikiby MikiA brutal sell-off strikes once again in the crypto market with the Bitcoin price crashing under $47,000 on Monday, December 13. As of press time, Bitcoin seems to have recovered…
- Blockchain
90% of Total Supply of Bitcoins Mined, Robust Supply Shock Might be Inevitable
by Mikiby MikiWith a 21 million cap, 90% of Bitcoin’s total supply has already been mined, given that the coins in circulation stand at 18.89 million. On-chain analyst Dylan LeClair explained: …
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- Blockchain
Bitcoin Funding Turns Negative amid 70% of BTC Circulating Supply Being Hodled
by Mikiby MikiThe weekend was characterized by a sharp decrease in the Bitcoin price after suffering a 20% drop prompting lows of $42K. BTC funding flipped negative following long liquidations, according to…
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