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.
MiyukiBitcoin approaches $69,000 with traders optimistic about continued gains, supported by favorable economic policies and strong ETF inflows.
MiyukiBitcoin reserves on exchanges plummet to record lows, signaling potential supply shock. Investors withdrawing BTC from exchanges for holding, not selling. Prices near $70,000. Supply shock, fueled by decreasing exchange reserves and halving, could spur significant price surge.
Xu LinOver 31.5 million ETH, valued at $115 billion, is staked on Ethereum's Beacon Chain, enhancing network security and DeFi collateralization.
AlexBitcoin's supply-in-profit ratio nears previous bull market peaks, indicating substantial unrealized gains. Analysts foresee sustained levels amidst institutional investment but caution against potential price corrections. Crypto market hits 22-month high at $2.25 trillion.
Xu LinThis article will discuss Ethereum supply dynamics, including ETH staking, gas usage, exchange balances, ETH in smart contracts, re-staking vs. liquidity re-staking and Eigenlayer.
JinseFinancePancakeSwap proposes slashing CAKE's supply from 750 million to 450 million, marking a strategic pivot towards stable tokenomics.
KikyoBybit has forged a strategic alliance with Ethena Labs, bringing forth Ethena's USDe stablecoin to the Bybit platform. USDe, a decentralised monetary solution, operates independently from traditional banking systems. It leverages delta-hedging staked Ether (ETH) for comprehensive collateral backing.
JoyA separate graph also saw USDC and BUSD supply drop sharply in May, however both have since rebounded and are close to being back to their respective all-time high levels.
CointelegraphThe total USDC supply on Ethereum has surpassed that of Tether, making the USDT supply on Ethereum second for the first time.
CointelegraphDespite the bearish backdrop for the entire crypto industry, the total stablecoin supply has reached $180 billion, a surge of $9.5 billion over the past 30 days.
Cointelegraph