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Category: Supply
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Small and medium hodlers control 40% of the Bitcoin supply — data
Distribution “keeps getting better,” says Willy Woo amid continued claims that Bitcoin as a network is too centralized.
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Grayscale is Now Buying 1.5 Times the Amount of Bitcoin Being Mined
Independent researcher Kevin Rooke estimates that Grayscale has ramped up its Bitcoin accumulation to a rate equivalent to 150% of the new BTC created since the halving.
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Bitcoin Halving Will Drop Inflation Rate Lower Than Central Banks’ 2% Target Reference
When Satoshi Nakamoto invented Bitcoin, the creator designed the protocol to be an inflationary currency, one that is predictable as bitcoin’s inflation always decreases every four years. Today, 77 days before the reward halving, BTC’s inflation rate is around 3.6% and it’s expected to drop to 1.8% after the halving event. The cryptocurrency’s inflation rate […]
The post Bitcoin Halving Will Drop Inflation Rate Lower Than Central Banks’ 2% Target Reference appeared first on Bitcoin News.
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German Bank Predicts BTC at $90,000 After Next Halving
You wouldn’t expect a traditional financial institution to come up with a very optimistic forecast about the future of a cryptocurrency or an honest appraisal of its design. But Bayern LB, a lender based in the rich German province of Bavaria, has surprised the crypto community. In a recently published research paper, the bank asks […]
The post German Bank Predicts BTC at $90,000 After Next Halving appeared first on Bitcoin News.
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Proposal to Increase Bitcoin’s 21 Million Supply Sparks Debate
21 is a number that holds deep symbology to bitcoiners. In addition to denoting the total number of bitcoins, in millions, that will ever be issued, it’s inspired scores of cryptocurrency business names, websites, and merchandise designs. Despite its assumed inviolability, some members of the community are opposed to Bitcoin’s rigidly set 21 million supply. […]
The post Proposal to Increase Bitcoin’s 21 Million Supply Sparks Debate appeared first on Bitcoin News.
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Bitblock Publishes Alternative Valuation Model That Suggests BTC Is Underpriced
Bitblock Capital has published an alternative mining valuation model for BTC. The company has published a report that examines data from July 2016 to Dec. 2018 that seeks to “explain the relationships between [BTC] price and its intrinsic value” using the model. Also Read: Google Play Store Forces Samourai Wallet to Remove Security Features Bitblock Capital […]
The post Bitblock Publishes Alternative Valuation Model That Suggests BTC Is Underpriced appeared first on Bitcoin News.
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Tether Treasury Holds Nearly 30% of Total USDT Supply
The “Tether Treasury’s” USDT wallet has rapidly risen up the ranks to become the top holder of the stablecoin, suggesting that some market participants may have managed to successfully withdraw their holdings from circulation. The removal of roughly 28.5 percent of the total number of Tether in circulation has coincided with a significant depletion in […]
The post Tether Treasury Holds Nearly 30% of Total USDT Supply appeared first on Bitcoin News.
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6 Cryptocurrencies With The Highest Supply Cap by 2050
Cryptocurrencies have very interesting features and aspects which make them all unique. Although the total supply of Bitcoin is going up rather slowly, other currencies will not see a similar fate. By 2050, the following coins will have reached a massive total supply. They are ranked from low to high based on the total number […]
The post 6 Cryptocurrencies With The Highest Supply Cap by 2050 appeared first on NullTX.
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Blockchain Used to Trace Deadly Chemical Linked to $289 Mln Monsanto Cancer Lawsuit
Food safety firm ZEGO is using blockchain to test foodstuffs for residue of a deadly chemical tied to the recent $289 million Monsanto lawsuit
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