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Bitcoin Hashrate Reaches All-Time High, Boost Could Lead to Record-Setting Difficulty Increase
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Despite Trust Model Debates, Ethereum Is Bitcoin’s Largest Sidechain by Total Value Locked
The Ethereum network now has more bitcoin held in reserves than the Lightning Network, according to onchain statistics. At the time of publication, Wrapped Bitcoin (WBTC) has close to 4,000 BTC ($34.7M) held in reserves, while the Lightning Network has only 925 BTC ($8.3M). Wrapped Bitcoin Project’s Total Value Locked Climbs to 3.9k Bitcoin Just […]
The post Despite Trust Model Debates, Ethereum Is Bitcoin’s Largest Sidechain by Total Value Locked appeared first on Bitcoin News.
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Pairings of 6 Cryptocurrencies Comprises 69% of Total Crypto Volume
Analysis conducted by Diar has indicated that only a minority of cryptocurrencies represent the vast majority of trading volume in the virtual currency markets – with only 0.36% of tradable cryptocurrencies found to have comprised 69% of the total trade volume of the entire cryptocurrency markets. Also Read: The Poor Flip, the Rich Hodl, Startup Finds […]
The post Pairings of 6 Cryptocurrencies Comprises 69% of Total Crypto Volume appeared first on Bitcoin News.
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May Breaks 2018’s Down-Trend in Monthly Total Raised by ICOs
Estimates are indicating that the total sum of capital raised by initial coin offerings (ICOs) in May exceeded the total sum raised in April – comprising the first month-over-month increase in the total sum raised by ICOs in 2018 so far. Also Read: Markets Update: Slight Comeback Shows Cryptocurrencies Press Forward Month-Over-Month Performance of ICOs Up […]
The post May Breaks 2018’s Down-Trend in Monthly Total Raised by ICOs appeared first on Bitcoin News.
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Xapo Estimated to be Housing 6.25% of Total BTC Supply
It has been estimated that approximately 6.25% of the total bitcoin supply has been deposited with Xapo – a Hong-Kong Based company providing bitcoin wallet, cold storage, and bitcoin-based debit card services. Xapo claims that BTC deposited with company are held in underground vaults located across five continents. Also Read: Ethereum Founder Responds to Charges of […]
The post Xapo Estimated to be Housing 6.25% of Total BTC Supply appeared first on Bitcoin News.
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Total Capitalization of the Crypto Markets Now Exceeds $750 Billion
The total market capitalization of all cryptocurrencies has broken into new highs, with coinmarketcap indicating that the market cap of the combined crypto markets is approximately $760 billion USD as of this writing. Also Read: Statistical Analysis Reveals Ties That Bind the Cryptocurrency Markets The Total Market Capitalization of All Cryptocurrency Markets Is Greater Than That […]
The post Total Capitalization of the Crypto Markets Now Exceeds $750 Billion appeared first on Bitcoin News.
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