The post The amount of mined Bitcoin in circulation has reached 95% with approximately a century of issuance remaining appeared com. Mined Bitcoin in circulation has reached 95% with approximately a century of issuance remaining, further strengthening its long-term scarcity principle. Glassnode data shows that 19. 949 million of the 21 million total BTC lifetime supply have already been mined, leaving approximately 1. 051 million BTC to be issued until 2138. Glassnode noted that the milestone emphasizes Bitcoin’s gradual tightening of supply, which makes the token more valuable as halving events slow down issuance. The crypto research platform stated that this moment marks Bitcoin’s transition from a rapidly expanding cryptocurrency to a mature, scarcity-anchored currency network. According to Glassnode, Bitcoin is now expanding at a much slower rate than gold, as annual inflation falls towards 0. 8%. Bitcoiners reportedly view this moment as a turning point, where scarcity becomes a real force in market behavior, rather than just an abstract concept. Bitcoin’s maximum supply edges closer to fulfillment The supply architecture is almost fully realized since the first Bitcoin was mined in 2009, according to Glassnode. And the Bitcoin network remains governed by the same rules 16 years later. At a glance, Clark Moody data shows that Bitcoin’s circulating supply is 19, 949, 776 BTC out of the maximum supply of 21, 000, 000 BTC. Approximately 1, 049, 996 BTC are yet to be issued, while 230. 09 BTC are deemed unspendable. Meanwhile, future issuance is expected to be increasingly slower as block rewards were slashed after the April halving to 3. 125 BTC. The block rewards are expected to dwindle until the last coin is created. According to the Clark Moody dashboard, future BTC supply is expected to hit 99% on January 7, 2035. The total mined supply is projected to reach 99. 9% by November 5, 2047, and the final full BTC token is expected to be issued on August 16, 2104. All coins will be issued by July 20, 2138.
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Significant Difference Between Bitcoin Investors and Ethereum Investors Emerged This Week – Here’s What It Is
The post Significant Difference Between Bitcoin Investors and Ethereum Investors Emerged This Week Here’s What It Is appeared com. A new report from blockchain analysis firm Glassnode has revealed that Ethereum investors are less willing to hold onto their coins than Bitcoin holders. While BTC is still held by the crypto market’s “real diamond hands” thanks to its low volatility, ETH is moved and spent at a much higher rate, according to the report. Glassnode stated that it made these findings using data collected before the cryptocurrency crash earlier this week. The company argued that Bitcoin acts as a “digital savings asset” while Ethereum, due to its broad range of uses, qualifies as “digital oil.” The report claimed that BTC is significantly less mobile and is being held by investors for long-term safekeeping: “Bitcoin is behaving as a digital savings asset, as designed; coins are widely hoarded, turnover is low, and supply is increasingly directed to long-term storage rather than exchanges.” On the Ethereum side, the picture is quite different. ETH is much more actively used due to smart contracts, DeFi protocols, tokenization, and gas fees: “Ethereum’s behavior reflects its nature as a smart contract platform with high transaction volume. There’s a large base of native staking, and the investor component has been further strengthened by the introduction of ETFs.” Glassnode noted that smart contracts, in particular, have significantly increased ETH usage. ETH is spent as gas fees across a wide range of use cases, from DeFi transactions to stablecoin transfers to decentralized exchange token swaps. One of the report’s notable findings was the long-term coin movement. According to the data: “Long-term ETH holders are mobilizing their coins 3x faster than BTC holders.” Although ETH is not as passive an asset as Bitcoin, Glassnode noted that the store of value aspect of Ethereum should not be completely ignored: “One in four ETH in circulation is locked in native staking.
Latest Situation in Bitcoin: Panic and Uncertainty Prevail – Here’s What the Option Data Reveals
The post Latest Situation in Bitcoin: Panic and Uncertainty Prevail Here’s What the Opticom. On-chain analysis platform Glassnode stated in its latest options market report that Bitcoin investors are still in a state of intense panic and insecurity. According to the data, there is no expectation of a strong bottom reversal in the options market, neither in the near term nor in the medium-long term. According to Glassnode’s analysis, there are no signs of accumulation, particularly in medium- and long-term call options with a strike price of $120,000. On the contrary, even brief market rallies are being exploited by investors to sell these call options. This suggests weak long-term optimism. One of the most striking parts of the report is the sharp shift in the put-call balance in short-term (1 week-1 month) options to the sell side. Glassnode notes that short-term put options dominate by approximately 11-12%, suggesting that short-term expectations are where market fears are most acute. When we look at the premium movement of short-term put options with a $100,000 strike price, the picture becomes even clearer: In just three days, the net premium paid on these options skyrocketed from near-negative levels to over $7 million, suggesting investors were aggressively buying short-term protection. While the sharp correction after Bitcoin hit its all-time high (ATH) on October 31 wiped out many open positions, half of that was rebuilt within a week, according to Glassnode data. Option open interest data is hitting new records as expiration dates approach. Moreover, after Bitcoin fell below $107,000, options volume rose sharply and remained high, suggesting intense repositioning in the market. *This is not investment advice. account now for exclusive news, analytics and on-chain data! Source:.
Bitcoin needs a fresh catalyst to avoid a ‘deeper correction’ — Analysts
Bitcoin will need something new and shiny to drive it to fresh highs, as some analysts warn the asset could face a volatile month ahead.