Wintermute withdrew $40 million in SOL ahead of a $2-billion token unlock, raising concerns over selling pressure as market sentiment worsens.
Total Supply News
The total supply of a cryptocurrency refers to the number of tokens that exist, whether in circulation or locked. At a given time, these tokens are publicly tradable via exchanges, both centralized and decentralized.
A project might mint more cryptocurrency than it distributes at a given moment. For instance, in a particular cryptocurrency project, tokens set out for staking rewards will only technically exist on the blockchain, as they won’t reach anyone’s wallet until a specific condition has been met. Moreover, most cryptocurrencies have a burning mechanism to control inflation. Burned tokens aren’t considered when counting the total number of tokens. Burning refers to the process of sending tokens into an inactive crypto wallet designed to take the tokens out of circulation forever. People often confuse the total supply and maximum supply of coins. The total supply indicates all the tokens issued minus burned tokens. The max supply, on the other hand, refers to all tokens that will ever be created.
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Institutional inflows, while stabilizing, haven’t overcome whale sell-offs and massive token unlocks driving down Bitcoin prices.
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Despite Ethereum’s inflationary trend, staking and restaking gains momentum, boosting network security and rewards.
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Curve Finance’s CRV token emissions reduced to 137 million annually, while Curve DAO’s earnings surpassed emissions for the first time.
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Low exchange balances indicate low selling pressure and could trigger a supply shock as institutional investors continue to accumulate Bitcoin.
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The huge and sudden uptick in Bitcoin whale accumulation came as Bitcoin supply on exchanges fell to its lowest level since December 2021.
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The Ethereum co-founder asserts the crypto community's right to redefine "inflation" as the increase in currency supply, challenging traditional economic definitions and addressing misinformation.
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The Ethereum burn address is a null address where ETH and other Ethereum-based tokens are sent to be permanently removed from circulation.
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Worldcoin will be selling up to 1.5 million WLD tokens to select trading firms outside of the United States every week for the next six months.
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In our latest Cointelegraph video, we explain everything you need to know about the imminent Bitcoin halving, assessing its impact on both the mining industry and BTC's value.
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The total market value of Bitcoin’s circulating supply crossed $1 trillion after BTC’s price surged above $51,000.
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The new CEO, Josh Swihart, has been the vice president at Electric Coin for nearly five years but recently took a four-month stint away from the firm.
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Historically, the cryptocurrency market has benefited from the rise in global money supply, as the majority of bull runs in the past coincided with the rise in fiat supply.
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While the halving event is considered one of the main catalysts for Bitcoin bull markets, it may play out differently next year.
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As Vitalik Buterin’s holdings represented a large portion of the circulating supply for some of the tokens, the sales resulted in huge price drops.
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