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Wrapped Bitcoin Project Sees 18% Redemption of Circulating Supply in 54 Days

Wrapped Bitcoin Project Sees 18% Redemption of Circulating Supply in 54 DaysStatistics 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 […]

David Sacks has 2 years to push through meaningful policies — lawyer

Supply of Tokenized Bitcoin Dropped Significantly Since the Start of the Year

Supply of Tokenized Bitcoin Dropped Significantly Since the Start of the YearThis 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 […]

David Sacks has 2 years to push through meaningful policies — lawyer

Moving $25 Billion in BTC via Alternate Chains — There’s Now Over 400,000 Tokenized Bitcoins in Existence

Moving  Billion in BTC via Alternate Chains — There’s Now Over 400,000 Tokenized Bitcoins in ExistenceAs 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 […]

David Sacks has 2 years to push through meaningful policies — lawyer