Wrapped BTC Now Holds More Than 1% of Bitcoin’s Circulating Supply
Bitcoin is getting increasingly locked on Ethereum in the form of wrapped BTC, which now holds more than 1% of bitcoin’s total circulating supply. This trend shows how savvy crypto traders are pivoting to salvage or maintain returns even as bitcoin’s price tumbled.
Market Wrap: Bitcoin Slides to $35K, ETH to $2.4K on Biden, Environmental Bearishness
How do you trade bitcoin now? Carefully.
Wrapped BTC, ETH Coming to Kadena's Decentralized Exchange
Tokensoft is wrapping bitcoin and ether so traders can access them on any one of Kadena’s chains.
Wrapped Bitcoin ‘Burns’ Outpaced Minting for the First Time in December
BitGo “unwrapped” over 11,600 WBTC last month.
BitGo Launches Wrapped Bitcoin, Ether on Tron Blockchain
Nearly 100 DeFi-friendly WBTC have already been minted as TRC-20 tokens on Tron.
Wrapped Bitcoin ‘Burns’ Increase as Traders Rotate Capital Out of Cooling DeFi
WBTC burns picked up in November, continuing into December.
Ethereum Classic Gets DeFi Treatment With Wrapped ETC
Ethereum Classic wants to play in the decentralized finance (DeFi) space of the blockchain from which it contentiously split in 2016.
Market Wrap: Bitcoin Fails to Reach $16.5K; Wrapped BTC Hits $2 Billion
Bitcoin’s price is climbing for the third straight day as more of the cryptocurrency is locked into the Ethereum network.
Nearly $360M in Bitcoin Moved to Ethereum in October Despite DeFi Cool-Off
October’s growth is less than half of September’s 68,000 newly tokenized bitcoins.
Privacy Coin Zcash Makes Its Ethereum ‘Wrapped’ Debut With Tokensoft and Anchorage
WZEC is the first asset to be launched by “Wrapped,” a partnership between Ethereum tokenizers Tokensoft and qualified custodian Anchorage.
