Over the past five years, the number of established developers with more than 2 years experience of working in crypto grew at an annualized rate of 52%. According to the findings of a study, established developers (2+ years) together with emerging developers make an average of three times more code commits than newcomers. Experienced Developers’ […]
Despite a challenging 2023 with a substantial decline in circulating supply, a Circle report claims USDC emerges resilient, experiencing a surge in real-world applications and a decrease in speculative trading. A Resilient Year for USDC Amidst Market Shifts Circle, the issuer of the USD Coin (USDC), released its “State of the USDC Economy,” covering current […]
Bitwise has revealed in an amended filing with the U.S. Securities and Exchange Commission (SEC) a plan to seed its spot bitcoin exchange-traded fund (ETF) with $ 200 million. This significantly exceeds Blackrock’s $ 10 million seed commitment for its spot Bitcoin ETF that’s planned for Jan. 3. Bitwise’s $ 200 Million …
The scarcity of the bitcoin supply has tightened, as revealed by the recent Glassnode study on onchain activities. Observations show that the inactivity of coins is touching both multi-year and unprecedented peaks, despite a substantial uptick in bitcoin’s value throughout the current year. Bitcoin’s Tightening Supply Defies Price Rally, Reveals Glassnode Study Reflecting on the […]
While closing out October, the digital asset market has witnessed a significant rush in optimism, culminating in $ 326 million in fund inflows, marking the largest single-week gain in one and a half years, according to Coinshares latest digital asset fund flows report. Digital Asset Market Soars Higher With Record-Breaking Inflows This week’s Coinshares …