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3232Wrapped Bitcoin Project Sees 18% Redemption of Circulating Supply in 54 Days
https://www.digit.info/wrapped-bitcoin-project-sees-18-redemption-of-circulating-supply-in-54-days/
Fri, 20 Jan 2023 22:30:59 +0000https://www.digit.info/2023/01/20/wrapped-bitcoin-project-sees-18-redemption-of-circulating-supply-in-54-days/Read more]]>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 […]
]]>Supply of Tokenized Bitcoin Dropped Significantly Since the Start of the Year
https://www.digit.info/supply-of-tokenized-bitcoin-dropped-significantly-since-the-start-of-the-year/
Sat, 26 Nov 2022 17:00:48 +0000https://www.digit.info/2022/11/26/supply-of-tokenized-bitcoin-dropped-significantly-since-the-start-of-the-year/Read more]]>This year, the number of tokenized bitcoins hosted on alternative blockchains like Ethereum, has dropped a great deal. Last January the number of wrapped bitcoin (WBTC) issued on the Ethereum blockchain was around 266,880 WBTC and since then, the number has dropped by more than 15% down to 225,962 WBTC. Similarly, the quantity of tokenized […]
]]>Moving $25 Billion in BTC via Alternate Chains — There’s Now Over 400,000 Tokenized Bitcoins in Existence
https://www.digit.info/moving-25-billion-in-btc-via-alternate-chains-theres-now-over-400000-tokenized-bitcoins-in-existence/
Fri, 05 Nov 2021 15:30:45 +0000https://www.digit.info/2021/11/05/moving-25-billion-in-btc-via-alternate-chains-theres-now-over-400000-tokenized-bitcoins-in-existence/Read more]]>As the end of the year approaches, the price of bitcoin has hovered above the $60K region and with 18.8 million bitcoin in circulation, bitcoin’s market valuation is over $1.16 trillion today. Meanwhile, the number of tokenized bitcoins in existence today has swelled significantly during the last three years, climbing to 408,210 bitcoin worth $25 […]
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.
This year, the number of tokenized bitcoins hosted on alternative blockchains like Ethereum, has dropped a great deal. Last January the number of wrapped bitcoin (WBTC) issued on the Ethereum blockchain was around 266,880 WBTC and since then, the number has dropped by more than 15% down to 225,962 WBTC. Similarly, the quantity of tokenized […]
As the end of the year approaches, the price of bitcoin has hovered above the $60K region and with 18.8 million bitcoin in circulation, bitcoin’s market valuation is over $1.16 trillion today. Meanwhile, the number of tokenized bitcoins in existence today has swelled significantly during the last three years, climbing to 408,210 bitcoin worth $25 […]