Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,934,994,983,857.23
  • 24h Vol: $121,804,442,670.03
  • BTC Dominance: 58.84%

Ethereum

wrapped-bitcoin-project-sees-18%-redemption-of-circulating-supply-in-54-days

Wrapped Bitcoin Project Sees 18% Redemption of Circulating Supply in 54 Days

Leave a Comment / Altcoins, Asset-backed, asset-backed BTC token, Bitcoin, Bitgo-backed, circulating supply, collateralized, collateralized BTC, Crypto asset, Crypto Hacked, Crypto-collateralized, Cryptocurrency, custody, derivative, Eastern Time, ERC20-based, Ethereum, Ethereum chain, Jan. 2019, Largest operation, Market Capitalization, redemption, STETH, Synthetic Bitcoin, Synthetic BTC, Token value, tokenization, tokenized, Transparency dashboard, Tron blockchain network, WBTC, Wrapped, wrapped bitcoin, Wrapped Bitcoin Token, Wrapped BTC, Wrapped BTC Token, Wrapper / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Statistics show over the course of 54 days, the number of wrapped bitcoin (WBTC) hosted on the Ethereum network has decreased by 40,156. This equates to a more than 18% redemption of the circulating supply of WBTC since Nov. 27, 2022. WBTC Remains Largest Operation in Terms of Bitcoin Custody Despite Recent Redemptions The Bitgo-backed […]

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Bitcoin, Ethereum Technical Analysis: BTC Back Above $21,000 Despite Genesis Bankruptcy

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Bitcoin crept back up to the $21,000 level on Friday, as volatility in the cryptocurrency market remained high. After falling by nearly 4% in Thursday’s session, the global market cap is up by 1.14% as of writing. This comes despite the news that crypto lender Genesis has recently filed for bankruptcy. Ethereum was also in

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Bitcoin, Ethereum Technical Analysis: ETH, BTC Lower, US Retail Sales Slow

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Ethereum fell lower on Thursday, as cryptocurrency markets continued to react to the latest U.S. retail sales figures. Sales in the United States fell by more than expected, coming in 1.1% lower in December. Bitcoin also declined in today’s session, with prices falling below the $21,000 mark. Bitcoin Bitcoin (BTC) dropped below the $21,000 mark

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How Bitget Became a Dark Horse and Earns Market Share and Trust From Millions in Crypto Winter

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2022 was one of the roughest years in the crypto industry, which saw the collapse of Terra LUNA, Celsius, and FTX, consequently wiping out over $2 trillion from the crypto market. However, the dark horse in the face of these ugly events was the crypto exchange – Bitget. Despite the hardships in the market, Bitget

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ethereum-gas-fees-spike-as-eth-value-rises:-average-onchain-fees-jump-by-more-than-50%

Ethereum Gas Fees Spike as ETH Value Rises: Average Onchain Fees Jump by More Than 50%

Leave a Comment / Altcoins, Arbitrum, Average Fees, Bitcoin, Bitinfocharts, cost per transfer, crypto assets, Crypto Hacked, Cryptocurrency, data, Decentralized, DeFi, Demand, DEX, ERC20, ERC20 Tokens, ETH, Ethereum, Ethereum (ETH), Ethereum fees, Exchange, fee charts, Fees, Gas, gas costs, high-priority, L2, Market Capitalization, median-sized fees, Network costs, onchain transactions, Opensea, Optimism, second-largest crypto, swap, Transaction, transfers, U.S. dollar, uniswap, USDC, USDT, value rise / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

While the second-largest crypto asset by market capitalization, ethereum, has risen 27% against the U.S. dollar in the last two weeks, the network’s average and median-sized gas fees have increased by more than 50%. On the first day of 2023, the average fee to spend ether was around $2.93 per transfer, but today the average

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Bitcoin, Ethereum Technical Analysis: BTC Hits Highest Point Since September

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Bitcoin rose to its highest level since September, as markets prepared for the release of U.S. retail sales data. This afternoon’s economic release is expected to show a cooling off of sales, as consumers prepare for a recession. Ethereum also rose on the news, as it continued to hover close to $1,600. Bitcoin Bitcoin (BTC)

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Rising Bitcoin Prices Cause Cascade of Short Liquidations, Highest Ratio of Short vs. Long Wipeouts Since July 2021

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The top two crypto assets have risen significantly in the past seven days, with bitcoin jumping 22.6% and ethereum increasing 18.6% against the U.S. dollar. According to market data, both crypto assets saw the largest increase on Saturday, Jan. 14, 2023. The sudden spike in value caused the highest ratio of short liquidations vs long

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Smart Contract Tokens, Defi Economy See Strong Growth, Market Capitalization Swells by $78 Billion in 30 Days

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Smart contract tokens and the decentralized finance economy have been on a tear during the last month, gaining against the U.S. dollar. The market capitalization of the smart contract platform token economy has swelled by $78 billion over the last 30 days, increasing from $243 billion to the current $321 billion. Furthermore, the total value

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Ethereum Validator Count Surpasses 500,000 Ahead of Upcoming Shanghai Hard Fork

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According to statistics, the number of Ethereum network validators on the Beacon chain exceeded 500,000 as of Jan. 12, 2023. The validator milestone comes as Ethereum core developers prepare for the Shanghai hard fork. Five days ago, Ethereum core developers launched a developer network environment called “devnet 2” for the upcoming upgrade. Ethereum Developers Launch

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SHIB Token Sees Rise Ahead of Shibarium Beta Launch

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The meme token shiba inu has seen a rise against the U.S. dollar during the last seven days as the coin’s supporters anticipate the beta launch of the layer two (L2) scaling solution Shibarium. Developers detailed on Jan. 15, 2023, that the L2 platform, “Shibarium beta,” is about to be launched on top of the

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