The number of Bitcoin addresses holding more than 1.000 BTC has grown since the last data shown by Bitcoin Info Charts in September last year. Meanwhile, institutional investors are taking advantage of Bitcoin's fall to acquire the cryptocurrency. These and more news in this practical daily summary so that you are always informed with the most recent events that occur within the crypto world.
📍BitInfoCharts y in Glassno show that the amount of Bitcoin addresses holding more than 1.000 BTC reached a new all-time high. The figure rises to 2.190 addresses Bitcoin who own more than 1.000 BTC, worth about $11,4 million at the cryptocurrency’s price at the time of writing.
Source: Glassnode
📍Institutional investors of Bakkt, the exchange platform for digital assets and futures of Intercontinental Exchange (ICE), are taking advantage of the drops in the price of Bitcoin to acquire the cryptocurrency. Shortly after exceeding a value of $12.400 USD, Bitcoin fell to a value close to $11.300 and $11.500 USD.
Source: Skew
Skew shows that daily trading volumes for Bitcoin futures on the Bakkt platform hit an all-time high of $147 million, after the value of Bitcoin fell below $12k. The latest highs recorded on the platform took place on July 27 and 28, when daily trading volumes reached $134 million and $145 million respectively.
📍Interest in decentralized finance ecosystems (DeFi) continues to grow. According to data shown by the platform DeFiPulse, the total value locked within DeFi protocols amounts to over $7,2 billion. The top DeFi projects, which control the largest percentage of this volume, are Aave with 1,5 billion, Maker with 1,4 billion and CurveFinance with 1,19 billion, followed by Synthetix, Year Finance y Compound, which hold more than $850 million in locked value each.
📍High gas rates in the blockchain de Ethereum are leading several projects to consider creating new solutions to migrate the most popular applications and projects from the DeFi ecosystems. For example, the Tezos Foundation announced the launch of his own project for Wrapped Bitcoin (WBTC), through which they will issue their own tokenized version of Bitcoin, the tzBTC, within the Tezos blockchain. Now BitGo, the company behind WBTC, is considering launching an Ethereum sidechain to reduce gas costs.
The increase in gas fees on Ethereum also has an impact on the network's difficulty level, since higher commission fees for miners mean a greater number of miners connected, increasing the network's mining difficulty.
📍On Reddit, a user under the pseudonym seraf1990 Seraf350 warns that malware on Windows caused him to lose $1990 USD in Bitcoin after changing the address to which he would send the money. SerafXNUMX claims that he was going to exchange the money from his Binance account to Coinbase, but that when he “copy and paste” the sending address with the function integrated into the platform, malware swapped the addresses, causing him to lose the money.
Continue reading: UK grants e-money license to DeFi protocol Aave
