• About Us
  • Privacy Policy
  • Contact Us
Newsletter
Token Tatler
Advertisement
  • Home
  • Bitcoin
  • Cryptocurrency
    • Altcoin
    • Ethereum
    • Litecoin
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO
No Result
View All Result
  • Home
  • Bitcoin
  • Cryptocurrency
    • Altcoin
    • Ethereum
    • Litecoin
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO
No Result
View All Result
Token Tatler
No Result
View All Result
Home Bitcoin

Over 90% of ETH’s Supply Now in Profit

tokentatler by tokentatler
August 4, 2020
in Bitcoin
0
Over 90% of ETH’s Supply Now in Profit
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

Bitcoin Daily Miner Revenue Rises To $60 Million As Fees Go Up

Bitcoin Daily Miner Revenue Rises To $60 Million As Fees Go Up

November 11, 2021
Rarible Marketplace Users Can Now Create, List, and Trade Flow-Based NFT Collectibles – Blockchain Bitcoin News

Rarible Marketplace Users Can Now Create, List, and Trade Flow-Based NFT Collectibles – Blockchain Bitcoin News

November 11, 2021


Greater than 90% of ETH’s circulating provide is now in revenue. The final time this stage was noticed was in early 2018 when the value of the cryptocurrency was $925.

Analysis and analytics agency Glassnode reported Monday that the share of ETH’s provide in revenue has reached a stage not seen since early 2018. The agency tweeted:

Over 90% of the circulating ETH provide is now in a state of revenue, i.e. the present worth is larger in comparison with the value on the time the cash final moved.

“Final time this we noticed this stage was in Feb 2018 when the ETH worth was at $925,” the agency continued. The value of ETH has been surging considerably over the previous weeks, rising about 47% since July 23. On the time of this writing, the value of ETH stands at $390.63, having breached the $400 mark.

Over 90% of ETH's Supply Now in Profit
Chart displaying ETH’s provide share in revenue. Supply: Glassnode

Anthony Sassano, co-founder of Ethhub.io, believes that “At this stage of the cycle I’d say that it’s very bullish,” he tweeted, emphasizing that “Over 90% of the present provide of ETH is now thought-about ‘within the cash’ aka in revenue.”

Over 90% of ETH's Supply Now in Profit
Chart displaying addresses holding ETH out and in of the cash on the worth of $390.81. Supply: Intotheblock.com

The Spartan Group’s co-founder, Kelvin Koh, commented: “The robust transfer in ethereum has to do with the upcoming ETH 2.zero launch which is a significant catalyst. Each part of ETH 2.zero over the subsequent 2-Three years brings Ethereum nearer to its ultimate state and can be catalysts for ETH.”

Moreover, information.Bitcoin.com lately reported that the full worth locked inside the decentralized finance (defi) ecosystem had surpassed $4.22 billion. The worth is presently at $4.32 billion. A really giant portion of defi functions, tokens, and platforms are hosted on the Ethereum community; defi’s huge development has contributed to the numerous rise within the worth of ETH.

What do you concentrate on 90% of ETH’s provide being in revenue? Tell us within the feedback part beneath.

Picture Credit: Shutterstock, Pixabay, Wiki Commons, Glassnode, Intotheblock

Disclaimer: This text is for informational functions solely. It’s not a direct supply or solicitation of a proposal to purchase or promote, or a suggestion or endorsement of any merchandise, companies, or firms. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the writer is accountable, straight or not directly, for any injury or loss triggered or alleged to be brought on by or in reference to using or reliance on any content material, items or companies talked about on this article.





Source link

Share76Tweet47

Related Posts

Bitcoin Daily Miner Revenue Rises To $60 Million As Fees Go Up

Bitcoin Daily Miner Revenue Rises To $60 Million As Fees Go Up

by tokentatler
November 11, 2021
0

Information reveals Bitcoin each day miner income rose to $60 million previously week as transaction charges noticed a rise....

Rarible Marketplace Users Can Now Create, List, and Trade Flow-Based NFT Collectibles – Blockchain Bitcoin News

Rarible Marketplace Users Can Now Create, List, and Trade Flow-Based NFT Collectibles – Blockchain Bitcoin News

by tokentatler
November 11, 2021
0

On November 10, the non-fungible token (NFT) market Rarible.com and the Rarible protocol introduced an integration with the Stream...

Miami Mayor Says City Will Give Every Citizen Bitcoin Dividends

Miami Mayor Says City Will Give Every Citizen Bitcoin Dividends

by tokentatler
November 11, 2021
0

Miami Mayor Francis Suarez is a giant supporter of Bitcoin, not too long ago telling FOX Enterprise that he...

China’s Real Estate Giant Evergrande Narrowly Dodges Default for Third Time in 30 Days – Economics Bitcoin News

China’s Real Estate Giant Evergrande Narrowly Dodges Default for Third Time in 30 Days – Economics Bitcoin News

by tokentatler
November 11, 2021
0

In mid-September China’s Evergrande Group, the nation’s second-largest property developer by gross sales, sparked concern within the international financial...

Indonesia’s Islamic Authority Declares Cryptocurrency Haram, Forbidden for Muslims – Regulation Bitcoin News

Indonesia’s Islamic Authority Declares Cryptocurrency Haram, Forbidden for Muslims – Regulation Bitcoin News

by tokentatler
November 11, 2021
0

Indonesia’s high Islamic physique, the nation’s authority on Shariah compliance, has reportedly declared cryptocurrency haram, forbidden for Muslims below...

Load More
  • Trending
  • Comments
  • Latest
Can Blockchain Transactions be Hacked?

Can Blockchain Transactions be Hacked?

February 18, 2020
Ethereum Price Shoots 20% to $270 in Its Best Trading Day for the Year

Ethereum Price Shoots 20% to $270 in Its Best Trading Day for the Year

February 16, 2020
Grayscale Becomes Official Digital Currency Asset Management Partner of New York Giants

Grayscale Becomes Official Digital Currency Asset Management Partner of New York Giants

May 6, 2021
Apple Reveals Earnings for Fiscal Q2, Results Beat Expectations, AAPL Stock Down 3% Now

Apple Reveals Earnings for Fiscal Q2, Results Beat Expectations, AAPL Stock Down 3% Now

May 1, 2020
Pirate Chain Coin Now Available for Trading on Bitcoin.com Exchange, Joins New Alliance

Pirate Chain Coin Now Available for Trading on Bitcoin.com Exchange, Joins New Alliance

0
Bitcoin (BTC) Soars to 4-Month High, Crosses $10K Mark

Bitcoin (BTC) Soars to 4-Month High, Crosses $10K Mark

0
Bitcoin Rally Stalls, Bullish Recovery Depends On These Levels

Bitcoin Rally Stalls, Bullish Recovery Depends On These Levels

0
Ethereum (ETH) Almost Doubled This Year

Ethereum (ETH) Almost Doubled This Year

0

YouClout Lists on AscendEX

November 11, 2021
Bitcoin Daily Miner Revenue Rises To $60 Million As Fees Go Up

Bitcoin Daily Miner Revenue Rises To $60 Million As Fees Go Up

November 11, 2021
Rarible Marketplace Users Can Now Create, List, and Trade Flow-Based NFT Collectibles – Blockchain Bitcoin News

Rarible Marketplace Users Can Now Create, List, and Trade Flow-Based NFT Collectibles – Blockchain Bitcoin News

November 11, 2021
‘Curve Wars’ Heat Up: Emergency DAO Invoked After ‘Clear Governance Attack’

‘Curve Wars’ Heat Up: Emergency DAO Invoked After ‘Clear Governance Attack’

November 11, 2021
Token Tatler

We publish a comprehensive news feed covering all news relevant to the crypto user, covering main industry news, politics and regulation as well as consumer-level “news you can use” (practical stuff), including handy DIY tips, links to useful tools, unbiased reviews and opinions revolving around cryptocurrency. Simple logic and real-world examples are preferred before technical jargon and personal rants.

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Litecoin
  • Market
  • Regulation

Archives

  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020

Newsletter

  • About Us
  • Privacy Policy
  • Contact Us

© 2020 tokentatler.com

No Result
View All Result
  • Home
  • Bitcoin
  • Cryptocurrency
    • Altcoin
    • Ethereum
    • Litecoin
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO

© 2020 tokentatler.com