Tag: wrapped bitcoin

Jan 17 2023

Wrapped Bitcoin (WBTC) Supply On Ethereum Has Fallen 35% Since Last Year’s Peak

Jan 17 2023 Published at Bitcoinist.com under tags  bitcoin btc btcusd eth ethereum

Data suggests the wrapped Bitcoin (WBTC) supply on Ethereum has dropped by around 35% since the LUNA/UST collapse last year. 101,550 BTC Has Exited Wrapped Bitcoin Supply Since All-Time High According to data from the on-chain analytics firm Glassnode, about 285,000 BTC was locked into the WBTC supply at an all-time high (ATH) last year....

Nov 27 2022

What is Wrapped Bitcoin (wBTC)? Are Wrapped Tokens Under Threat After FTX Crash?

Nov 27 2022 Published at Coingape under tags  bitcoin bitcoin news ethereum ftx collapse news

Wrapped Bitcoin (wBTC) is Bitcoin that has been regenerated to be used within the Ethereum ecosystem. Launched in January 2019, wBTC is an Ethereum token that's backed by Bitcoin...

Nov 25 2022

Wrapped Bitcoin (WBTC) Depeg Linked To Alameda Research; FUD Or Truth?

Nov 25 2022 Published at Coingape under tags  bitcoin crypto market news wrapped bitcoin

Wrapped Bitcoin (WBTC) Depeg News: Following the chaos around FTX collapse in recent weeks, speculation is now rife around the Wrapped Bitcoin (wBTC) depegging from the...

Nov 18 2022

Wanchain: A Reliable Decentralized Bridge

The DeFi community has long been concerned about the security of Wrapped BTC bridges. Ethereum co-founder Vitalik Buterin once expressed concerns over possible losses in 2020. When news emerged that FTX had become the latest crypto exchange to collapse and file for bankruptcy, such warnings came to the mind of many. The once towering exchange with a valuation of over $20 billion was...

Nov 15 2022

Dogeliens, Wrapped Bitcoin, and Litecoin Are Key Coins to Overcome Fear Around Cryptocurrency

Why do we see so many dog-centric tokens around us? For instance, it was Dogecoin that set a tone for many others to come. The recent one is the promising Dogeliens Token (DOGET), and nobody knows what coins to expect next. We have that deep connection with this creature, and it certainly pumps our dopamine. But is it enough to sustain in this...

Sep 01 2022

Altcoins to Buy Before the Next Bull Rally: FTX, Wrapped Bitcoin and Rocketize

New crypto tokens will take over the market in 2022. But, if the second quarter taught us anything about the cryptocurrency market, the euphoria is far from over, and this year may be another record-breaking one.

Aug 31 2022

We’re In A Bull Market For Off-Chain Bitcoin

The bitcoin price may be down from its all-time highs, but off-chain uses for bitcoin assets are in their own bull market.This is an opinion editorial by Zack Voell, a bitcoin mining and markets researcher. One of the more interesting and controversial developments in the Bitcoin ecosystem is off- chain use cases. Many of these applications are not technologically identical, but they all...

Jun 13 2022

Just-In: Is Celsius Making A Last-Ditch Bitcoin Trade To Recover Value?

Jun 13 2022 Published at Coingape under tags  celsius network news wrapped bitcoin

The Celsius Network has been dealing with a lot of trouble which has directly caused a panic in the cryptocurrency market. Meanwhile, the network has taken more risks in order to protect its position. Celsius borrows 278 million DAI According to Wu Blockchain, an address associated with Celsius has borrowed $278 million worth of DAI The post Just-In: Is Celsius Making A Last-Ditch...

May 28 2022

Whales Accumulating These DeFi Tokens Amid Price Crash

The global cryptocurrency market witnessed another marginal drop of around 1% over the past day. The total crypto market cap has shrunk to stand at $1.19 trillion. The largest tokens...

Apr 27 2022

How Wrapped Bitcoin And TradFi Products Muddy On-Chain Analysis

Apr 27 2022 Published at Bitcoinist.com under tags  bitcoin btcb btcusd tradfi wbtc

On-chain analysis is an important part of the bitcoin ecosystem. It helps to show activity on the network and can give a good indication of how investors are feeling about the digital asset. In the early days, on-chain analysis commanded a lot of respect in the space. However, there have been various things that have muddied the waters that are on-chain analysis. These...

Jan 14 2022

Messari Crypto Theses 2021 On Synthetic Assets

Messari is a crypto data company. Their goal is to be the Bloomberg of Crypto. And if you’ve been following their CEO Ryan Selkis on Twitter (@twobitidiot), then you know he’s declared SEC Chief Gary Gensler as Crypto public enemy #1. And the reason why is synthetic assets. So today, we look at Messari’s Crypto Theses on Synthetic Assets. Selkis calls Gensler ‘Goldman...

Sep 28 2021

WBTC Is Available on Changelly

Changelly welcomes yet another token available for exchange on the platform — the WBTC token. Users can exchange WBTC for other digital assets at floating rates. Wrapped Bitcoin is a tokenized version of Bitcoin (BTC) that runs on the Ethereum (ETH) blockchain. WBTC is compliant with ERC-20, which allows it to be fully integrated into the latter’s ecosystem of decentralized exchanges, crypto lending...

Jan 09 2021

Jan 06 2021

BitGo Launches Wrapped Bitcoin, Ether on Tron Blockchain

Jan 06 2021 Published at CoinDesk under tags  bitgo defi markets tron wrapped bitcoin

Nearly 100 DeFi-friendly WBTC have already been minted as TRC-20 tokens on Tron.

Dec 03 2020

Nov 18 2020

Ethereum Classic Gets DeFi Treatment With Wrapped ETC

Nov 18 2020 Published at CoinDesk under tags  business defi etc ethereum ethereum classic

Ethereum Classic wants to play in the decentralized finance (DeFi) space of the blockchain it contentiously forked from in 2016.

Nov 13 2020

Market Wrap: Bitcoin Fails to Reach $16.5K; Wrapped BTC Hits $2 Billion

Nov 13 2020 Published at CoinDesk under tags  bitcoin bitcoin cash commodities eos equities

Bitcoin’s price is climbing for the third straight day as more of the cryptocurrency is locked into the Ethereum network.

Nov 10 2020

Nearly $360M in Bitcoin Moved to Ethereum in October Despite DeFi Cool Off

Nov 10 2020 Published at CoinDesk under tags  bitgo markets messari news tbtc

October’s growth is less than half of September’s 68,000 newly tokenized bitcoins.

Oct 22 2020

DeFi Success Story Continues as TVL Peaks Yet Again; Hits $12 Billion

Oct 22 2020 Published at Coingape under tags  chainlink defi defi news ethusd linkusd

The Paypal news triggered massive bullish momentum for Bitcoin which broke above $13k and climbed to levels not seen since last year. This was followed by the rest of the cryptocurrency market following suit which also soared to fresh highs. But the...

Oct 15 2020

Polkadot’s First Trustless Wrapped Bitcoin PolkaBTC Coming in Early 2021

Oct 15 2020 Published at Coingape under tags  bitcoin bitcoin news btcbrl btcbusd btcdai

In a step towards creating a truly interoperable blockchain ecosystem, cross- chain bridge service provide Interlay has joined hands with Polkadot to bring the platform's first trustless wrapped Bitcoin PolkaBTC by early 2021....

Know a good blog/source that is not listed? Contact us or fill the form below to add one: