The Bonk team initially promised to execute the burn on Christmas Day, but didn’t get around to it until a day later on Dec. 26.
Read moreBitcoin price hits $100K for first time in history
Bitcoin has rallied 126% since January to reach $100,000, driven by Bitcoin ETF demand, April’s halving and Donald Trump’s US election win.
Read more75% of all Bitcoin has been hodled for over 6 months
Despite Bitcoin dropping 21% from its all-time high, the majority of Bitcoin held in wallets hasn’t been sold or moved for the last six months.
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Paypal’s PYUSD Supply Swells by $140.9M in 10 Days, Becomes Sixth Largest Stablecoin
According to statistics, Paypal’s PYUSD stablecoin has surpassed Tron’s stablecoin USDD becoming the sixth largest dollar-pegged token by market capitalization. Over the past ten days,
Read moreBitcoin exchange reserve metric hits 3-year low
Low exchange balances indicate low selling pressure and could trigger a supply shock as institutional investors continue to accumulate Bitcoin.
Read moreCrypto exchanges see $3B Ethereum exit since ETF approvals
Only 10.6% of the total Ether supply is currently on centralized crypto exchanges, its lowest level in years.
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