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Stablecoin supply down below $125 billion as capital continues to leak from crypto
Key Takeaways The total supply of stablecoins has fallen every month since UST collapsed in May 2023 Last month saw another $1.7 billion of outflows, the total supply now 33% off its peak Tether’s market share has increased amid stuttering rivals, but all other coins have seen large drawdowns Liquidity and volume in the space […] The post Stablecoin supply down below $125 billion as capital continues to leak from crypto appeared first on CoinJournal. дальше »
2023-9-18 11:34 | |
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Binance-backed BUSD circulating supply drops to less than $3B
The circulating supply of Binance USD (BUSD) has fallen to $2. 8 billion, marking its lowest point since early 2021, when the stablecoin was still relatively new to the crypto market, according to CryptoSlate’s data. дальше »
2023-9-4 15:30 | |
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Bitcoin Whales Load Up With $1.5 Billion Worth Of BTC Amidst Price Uncertainty
Bitcoin whales, entities holding a substantial portion of the Bitcoin supply, have ignited speculation within the cryptocurrency realm by amassing more than a billion worth of BTC in mere two weeks. Data from crypto analytics firm IntoTheBlock reveals a significant uptick in the accumulation of Bitcoin by addresses holding at least 0. дальше »
2023-9-2 16:30 | |
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BTC's recovery may be determined by a change on this front. Here's why...
Bitcoin holders with a 0. 1% supply of BTC added more than $1. 5 billion in BTC holdings. BTC's MACD showed some recovery, however, the RSI still remained at the mercy of selling pressure. дальше »
2023-9-2 11:30 | |
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If You Own Bitcoin (BTC), Consider Yourself Very Lucky
A Twitter user estimates that there is an availability of 14. 5 Bitcoin for every 8,000 people. With the world population nearing 8 billion, the limited supply of 21 million Bitcoin means not everyone can own one. дальше »
2023-8-21 15:45 | |
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Bitcoin supply last active over 10 years ago hits all-time high
Glassnode reports a record 2.9 million BTC, valued at $82.5 billion, untouched for ten years. It underscores long-term holders’ faith amidst market fluctuations. Glassnode data shows that the amount of Bitcoin that has not been moved for at least ten… дальше »
2023-8-17 16:06 | |
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MakerDAO DAI Stablecoin Supply Rises by Nearly $1B in Seven Days
Available data shows that MakerDAO's DAI supply has increased by approximately $1 billion over the past week. The post MakerDAO DAI Stablecoin Supply Rises by Nearly $1B in Seven Days appeared first on BeInCrypto. дальше »
2023-8-13 15:14 | |
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Top 6 Bitcoin Whales Hold Over $10,000,000,000 – Here’s What We Know About Them
In a recent revelation, six of the largest unidentified whales in the cryptocurrency space have been found to hold over $10 billion in Bitcoin ($BTC). This accounts for approximately 2% of the current circulating supply of Bitcoin, a staggering figure that has caught the attention of many in the industry. дальше »
2023-8-12 10:00 | |
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Circle Relying on $1B Cash Reserves Amid Shrinking Supply and Heated Competition
Circle is using its $1 billion cash reserves to counter a decline in USDC supply and compete with new entrants in the stablecoin market. The firm attributes the decline to Binance's withdrawal and a crisis of confidence following exposure to the bankrupt Silicon Valley Bank. дальше »
2023-8-11 08:20 | |
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Binance Reduces Terra Classic (LUNC) Supply By Another 1.14 Billion
Binance, the world’s largest cryptocurrency exchange, has recently announced that it has burned 1. 14 billion Terra Luna Classic (LUNC) in the 12th batch of the Terra Classic burn mechanism. The burned tokens were obtained from trading fees on margin and spot trading pairs in July. дальше »
2023-8-2 22:00 | |
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Could a new surge in TUSD supply trigger another Bitcoin rally?
The circulating supply of TrueUSD (TUSD), a highly liquid stablecoin, has seen a significant increase of almost $250 million between July 29 and July 30. While this might appear as a minor uptick for a stablecoin with a circulating supply exceeding $3 billion, historical data suggests that notable price rallies have often followed such spikes […] The post Could a new surge in TUSD supply trigger another Bitcoin rally? appeared first on CryptoSlate. дальше »
2023-8-1 21:45 | |
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Tether’s USDT Nears $84 Billion Milestone as Circle’s USDC Volume Drops to 2-Year Low
While Tether's USDT stablecoin has seen its supply increase to record levels, Circle's USDC has experienced a decline due to skepticism over its reserves, leading to a 37% drop in supply. The post Tether’s USDT Nears $84 Billion Milestone as Circle’s USDC Volume Drops to 2-Year Low appeared first on BeInCrypto. дальше »
2023-7-30 15:29 | |
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Bitcoin Long-Term Holders Control 75% of Circulating Supply: Glassnode
The balance kept in addresses that hold coins for at least 155 days has increased by $1.87 billion this month. дальше »
2023-7-24 13:05 | |
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LUNC token burn nears historical high of 70 billion
Approximately 68. 3 billion LUNC tokens have been burned so far, accounting for approximately 0. 99% of the total token supply. Of this burned amount, 44. 8 billion LUNC tokens have recently been sent to the burning address. дальше »
2023-7-12 02:07 | |
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Staked ETH surpasses exchange balances with 19% of supply locked
Ethereum (ETH) staked by investors has outstripped the ETH balance on centralized exchanges, including Binance and Coinbase, Nansen data indicates. As of June 26, 2023, 23. 36 million ETH worth nearly $44 billion, which represents 19. дальше »
2023-6-27 15:16 | |
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Andrew Tate Caught With Entire Bitcoin Supply? Media Flubs Report of Influencer’s Arrest
According to prominent news organizations, including the BBC and Sky News, Tate apparently possesses around 21 million Bitcoin, which is close to $600 billion at the current market price. This would be the approximate combined wealth of Forbes' three richest put together: Elon Musk, Bernard Arnault & family, and Larry Ellison. дальше »
2023-6-21 14:30 | |
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TUSD Emerges Strong: 1 Billion Injection Bolsters Supply Amidst Declining Stablecoin Market
On June 16, TUSD supply surged by 52%! The difficulties the dollar-pegged token economy was facing were recently brought to light when significant redemptions caused its market valuation to drop to a 20-month low. дальше »
2023-6-21 12:09 | |
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Stablecoin’s Market Cap Sees Combined Increase as TrueUSD (TUSD) Breaches $3B
The aggregate market capitalization of stablecoins surged by $1 billion over the weekend, driven by a $1 billion increase in TUSD supply, as reported by Santiment. The post Stablecoin’s Market Cap Sees Combined Increase as TrueUSD (TUSD) Breaches $3B appeared first on BeInCrypto. дальше »
2023-6-19 16:00 | |
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Tether (USDT) Sharks & Whales Rapidly Accumulate, Why This Is Bullish For Bitcoin
On-chain data shows that Tether (USDT) sharks and whales have been rapidly growing their holdings since Bitcoin’s volatility started. Tether Sharks & Whales Grow Holdings As USDT Exchange Supply Plunges According to data from the on-chain analytics firm Santiment, these large Tether holders are now carrying a total of $16 billion worth of the stablecoin. дальше »
2023-6-9 15:30 | |
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Sweat Economy to decide the fate of 2B idle SWEAT tokens via Governance Vote
There are 2 billion idle SWEAT tokens in inactive user accounts. These idle tokens constitute approximately 13% of the SWEAT token total supply. Sweat Economy has launched a new Governance Vote to decide the fate of these idle tokens. дальше »
2023-6-7 16:51 | |
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USDT Market Cap At Record Highs, Crypto Bull Market Incoming?
As of June 1, there are $83. 23 billion of USDT in circulation, CoinMarketCap (CMC) data shows. In the past, there has been a direct correlation between the circulating supply of Tether and rapid Bitcoin and crypto price expansions. дальше »
2023-6-2 01:00 | |
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MakerDAO votes to drop Pax Dollar (USDP) stablecoin from its reserves
The MakerDAO community has voted to ditch Pax Dollar (USDP) stablecoin worth $500 million from its reserves. Maker’s treasury holds roughly half of the USDP’s $1 billion supply. New York state regulators in February forced Paxos to halt minting Binance USD (BUSD) stablecoin. дальше »
2023-6-2 21:34 | |
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Shiba Inu Burn Frenzy: More Than 15 Billion Tokens Scorched In May
The Shiba Inu community burnt over 15 billion SHIB tokens in May 2023, showing their commitment to reducing the circulating supply. The intention of such burns is to reduce the total supply of the coin from market Blaze Token is the top SHIB burner of the month, with MARSWAP (MSWAP) and Coinbase 10 among the top burners. дальше »
2023-6-2 17:50 | |
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Tether’s USDT sets new all-time high in spite of regulatory concerns
The market capitalization of Tether’s USDT has surpassed the previous all-time high of $83. 2 billion, according to a June 1 statement from the stablecoin issuer. Data from DeFillama showed that around half of USDT’s circulating supply, 42. дальше »
2023-6-1 14:35 | |
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The End of Tether? Why A Structural Shift In The Market Spells Trouble For USDT
Tether (USDT) is the largest stablecoin in the market, with a market capitalization of over $86 billion as of May 2023. Despite the concerns about the current state of the cryptocurrency market, Tether has continued to dominate the stablecoin space, with its supply growing significantly since the beginning of 2023. дальше »
2023-5-30 23:30 | |
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USDT’s total supply nears all-time high: will cryptos like Metacade rally higher?
Key takeaways USDT’s total market cap is close to its all-time high of $84. 1 billion. Tether’s recovery could see the broader crypto market embark on a rally again. Metacade could be one of the biggest winners thanks to the project’s huge potential. дальше »
2023-5-25 19:41 | |
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As Tron witnesses a spike in burning activity, will it fuel TRX prices? Assessing...
TRX's circulating supply was 90.4 billion, registering a fall of more than 7% on a YoY basis. Indicators suggested that market sentiment for TRX was weak. With the intention of long-term marThe post As Tron witnesses a spike in burning activity, will it fuel TRX prices? Assessing... appeared first on AMBCrypto. дальше »
2023-5-18 17:30 | |
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Does the divergence between USDT and USDC signify a winner in the stablecoin wars?
Quick Take USDT and USDC started roughly simultaneously, back in 2018, and grew in tandem with one another as the crypto market also grew, all the way through to 2022. In May 2022, USDC took a tumble to roughly $50 billion in circulating supply – total amount of all coins ever created/issued – while USDT […] The post Does the divergence between USDT and USDC signify a winner in the stablecoin wars? appeared first on CryptoSlate. дальше »
2023-5-18 19:47 | |
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Stablecoin Market Share Dwindles As USDC And BUSD Supply Deplete
The top 4 stablecoin valuations have declined significantly since this year. USDC and BUSD supply has depleted by $31 billion, pushing down the overall stablecoin market share. In addition, the top 4 stablecoins’ market capitalization has dropped by 23% from a peak of $161 billion per Glassnode’s report. дальше »
2023-4-20 20:00 | |
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XT.COM Lists XACT Token, Brings Revolutionary Rewards System to Its Users
Singapore-based XT. COM has announced the listing of XACT on its trading platform. XACT is an ERC20 token deployed on the polygon blockchain with a maximum supply of 10 billion and a circulating supply of 100 million tokens. дальше »
2023-4-8 12:56 | |
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Tether USDT supply reaches $80B for 1st time in almost a year
Tether’s USDT supply crossed $80 billion for the first time in 11 months earlier today, nearing its all-time high of $83. 13 billion. In 2023, USDT’s supply increased by almost $14 billion in less than 100 days from the $66. дальше »
2023-4-6 20:30 | |
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Layer 2 Blockchain gaming platform Myria’s native token is now live on OKX
Key takeaways MYRIA, the native token of Myria, has launched on the OKX exchange. The token has a total supply of 50 billion. The team also announced the launch of its second major NFT airdrop for the Myria community. дальше »
2023-4-6 16:06 | |
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USDC Supply Shrinks by $10 Billion in March, But Hits 6-Month High on Smart Contracts
Circle USD Coin (USDC) saw its supply drop by 10 billion to 32 billion in March despite its increased usage among smart contracts. The post USDC Supply Shrinks by $10 Billion in March, But Hits 6-Month High on Smart Contracts appeared first on BeInCrypto. дальше »
2023-4-1 14:30 | |
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USDC’s supply has plunged $21 billion from peak as banking turmoil scares crypto investors
Until a week ago, USD Coin was seen as the world’s safest stablecoin. BUSD, one of its chief rivals, was shut down last month by US regulators. Tether, the only stablecoin currently ahead of USD Coin, has long been plagued by questions over its reserves (I interviewed Tether’s Paolo Ardoino on this and other stablecoin […] The post USDC’s supply has plunged $21 billion from peak as banking turmoil scares crypto investors appeared first on Invezz. дальше »
2023-3-19 13:42 | |
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Burning USDC and Minting DAI Prove to Be Popular On-Chain Activities Amid SVB Collapse
Circle’s USDC stablecoin had nearly $3 billion in net redemptions since Friday, while the total supply of DAI increased by 1.2 billion tokens over the same time period. дальше »
2023-3-14 22:12 | |
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Toncoin price prediction: TON outlook as validators vote to freeze 20% of supply
Toncoin price is around $2. 36 as of 9:15 am ET, with TON up only 1. 2% in the past 24 hours. TON blockchain validators are set to vote on a propol to freeze up to 1 billion coins. Reducing TON circulating supply could help price momentum in the short term amid fresh buying pressure. дальше »
2023-2-21 17:30 | |
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Ethereum Deep Dive: Health check ahead of Shanghai upgrade in next month
Key Takeaways Ethereum’s Shanghai upgrade is slated for March, when all staked ETH will be released and become eligible to be sold 16.1 million ETH is currently staked, equating to $26 billion, 14% of the entire supply Capital has fled the Ethereum ecosystem over the last year, as higher interest rates from the Fed offer […] The post Ethereum Deep Dive: Health check ahead of Shanghai upgrade in next month appeared first on CoinJournal. дальше »
2023-2-3 19:58 | |
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Shiba Inu Will Take 1,157,174 Years To Reach 100 Billion Tokens, Analyst Says
On Monday, 30 January, crypto YouTuber Jeff at OnTheChain. io revealed on Twitter the number of years it might take Shiba Inu to reduce its supply to 100 billion tokens. The crypto analyst identified that Shiba Inu has a quadrillion tokens. дальше »
2023-1-31 23:00 | |
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Tether’s USDT Market Dominance Touches New High, BUSD Supply Drops $2B
Tether USDT market dominance rose to its highest level this January while Binance-backed BUSD supply shrunk roughly $2 billion. The post Tether’s USDT Market Dominance Touches New High, BUSD Supply Drops $2B appeared first on BeInCrypto. дальше »
2023-1-29 20:41 | |
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Ethereum contains the largest number of USDC
According to DeFi Llama, the Ethereum network contains a vast number of USDC (37.1 billion) in the circulating supply aggregating to 85.19%. Today, DefiLlama, a decentralized TVL and analytics website, announced that the Ethereum network has the largest amount of… дальше »
2023-1-10 08:39 | |
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