Scarcity

Bitcoin Records Largest Mined Block to Date, 4 MB Block Containing NFT Causes Unease Among Small-Block Supporters 

February 2, 2023 Bitcoin.com

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/r/Bitcoin

Amid the controversy surrounding the Ordinals project and the debate over what types of data should be stored on the Bitcoin blockchain, the network mined its largest block, nearly 4 MB in size, containing just 63 transactions. One of the transactions was a 3.94 MB Ordinal inscription featuring an image of a wizard, and the […]

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Circle announces USDC launch for Cosmos via Noble network

Nearly $13 Billion in Sales: Breaking Down 5 NFT Collections by Sales Volume 

January 29, 2023 Bitcoin.com

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$12.7 billion

Non-fungible token (NFT) assets have existed since at least 2014, but interest in them began to rise in January 2021, according to Google Trends data. Approximately one year later, the search term “NFT” reached its highest score on Google Trends. During that time the top five NFT collections, in terms of all-time sales volume, have […]

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Circle announces USDC launch for Cosmos via Noble network

FTX Debtors’ List of Assets Omits Mention of Large Stash of NFTs and ENS Names Owned by Alameda 

January 20, 2023 Bitcoin.com

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Alameda Research

This week, FTX debtors issued a press release and a 20-page document noting that bankruptcy administrators had located $5.5 billion in liquid assets. The document details that investigators discovered fiat currencies, crypto assets, and securities as part of FTX’s and Alameda Research’s cache. However, the disclosure to unsecured creditors does not mention the extremely large […]

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Circle announces USDC launch for Cosmos via Noble network

Trump’s NFT Prize Collection Surfaces on Secondary Markets, Generates $53K in 24-Hour Sales

January 12, 2023 Bitcoin.com

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Auction

Following the launch of Donald Trump’s non-fungible token (NFT) card collection, winners of the Trump-themed prizes are selling prize NFTs on secondary NFT marketplaces such as Opensea. The Polygon-minted NFTs act as passes for a one-on-one Zoom meeting with the 45th president of the United States and a gala dinner with Trump. During the past […]

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Circle announces USDC launch for Cosmos via Noble network

BONK Meme Coin Sees Wild Price Fluctuations and Massive Holder Concentration

January 6, 2023 Bitcoin.com

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Airdrop

After the all-time cryptocurrency price highs in 2021, suffering through the Luna implosion of 2022 and watching countless crypto businesses go belly up, we’ve got a new entrant to the meme coin scene that launched on the Solana network. The crypto asset bonk inu (BONK) has a circulating token supply of around 41.5 trillion and […]

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Circle announces USDC launch for Cosmos via Noble network

‘Ultra Sound Money’ — Post-Merge Stats Show Ethereum’s Issuance Rate Plunged After PoS Transition

September 19, 2022 Bitcoin.com

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0.24%

Months before Ethereum transitioned from proof-of-work (PoW) to proof-of-stake (PoS), a simulation of The Merge had shown the network’s issuance rate would drop following the ruleset change. Statistics now show that the simulation’s predictions have come to fruition as the network’s issuance rate has slowed significantly since September 15, following the Paris Upgrade that triggered […]

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Circle announces USDC launch for Cosmos via Noble network

Bitcoin’s Mathematical Monetary Policy Is Far More Predictable Than Gold and Fiat Currencies

August 12, 2022 Bitcoin.com

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21 Million BTC

This past April, records show that 19 million bitcoins have been mined into existence and 133 days later, there are 1.88 million bitcoins left to mint today. The network’s block subsidy halving is expected to occur on or around April 20, 2024, as there are less than 91,000 bitcoins left to mine until that point. […]

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Circle announces USDC launch for Cosmos via Noble network

Uganda Claims Exploration Surveys Discovered 31 Million Metric Tons of Gold

June 18, 2022 Bitcoin.com

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31 million metric tons

While gold is often considered a scarce asset, Uganda explained on Wednesday that recently conducted exploration surveys indicate that there’s roughly 31 million metric tons of gold ore waiting to be mined in the region. Moreover, a spokesperson from Uganda’s Ministry of Energy and Mineral Development said there’s an estimated 320,158 tonnes of refined gold […]

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Circle announces USDC launch for Cosmos via Noble network

Ethereum Has Destroyed $8.10 Billion in Ether, ETH Scarcity to Increase After The Merge

May 21, 2022 Bitcoin.com

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2.25 burned ethereum

According to current metrics, the Ethereum blockchain has burned 2.35 million ether since the implementation of Ethereum Improvement Proposal (EIP) 1559. The $8.10 billion in value was burned over the course of nine months and during the last seven days, 18,110 ether worth $34.9 million was destroyed. 2.35 Million Ethereum Burned — Ethereum Dev Says […]

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Circle announces USDC launch for Cosmos via Noble network

13 Years Ago Today, Satoshi Nakamoto Published the First Forum Post Introducing Bitcoin

February 11, 2022 Bitcoin.com

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13 years ago

13 years ago today, the creator of the Bitcoin network, Satoshi Nakamoto published the inventor’s first forum post on the P2P Foundation website. The forum post called “Bitcoin open source implementation of P2P currency” introduced the e-cash system to the members of the advocacy and research forum focused on peer-to-peer dynamics in society. The First […]

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Circle announces USDC launch for Cosmos via Noble network