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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 […]

US Bitcoin reserve could slash national debt 35% by 2049: VanEck

Stats Show Over 53,000 Wrapped Bitcoins Were Removed From Circulation in the Last 3 Months

Stats Show Over 53,000 Wrapped Bitcoins Were Removed From Circulation in the Last 3 MonthsThree months ago, there were 441,546 wrapped or synthetic bitcoins on the Ethereum and Binance Smart Chain worth $17.45 billion using exchange rates on April 24, 2022. Since then, that number has dropped by 53,582 synthetic bitcoins and today the number of wrapped or bonded bitcoins is approximately 387,964 worth $8.81 billion in value. Number […]

US Bitcoin reserve could slash national debt 35% by 2049: VanEck