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OnChain Metrics | 02.25.2022

Social Media: LinkTree

Source: CoinMetrics

Wrapped tokens have enabled a material amount of BTC to flow into the Ethereum ecosystem. There are now over 250K BTC on Ethereum, or about 1.4% of total BTC supply. Growth in new wBTC supply has stagnated since December 2021.

Further Reading: Mayer Multiple Falls to Oversold Region — Bitcoin (BTC) On-Chain Analysis

Latest Headlines

  • Global crypto and stock markets plunged and bounced back following Russia’s military operation in Ukraine.
  • Trading volume in Ukrainian crypto exchange Kuna has more than tripled since Russian invasion.
  • Crypto mining companies in Kazakhstan have moved out 30% of their mining equipment out of Kazakhstan.
  • Web 3 browser Opera has integrated DeFi trading platform DeversiFi to bring a layer 2 Ethereum wallet to its users.
  • The NFT collection of crypto metaverse game Axie Infinity reached $4 billion in sales.

Crypto Monitor:

24-Hour Highest Volume Change

Source: cryptowat.ch

Trending Search | 24-hour

Lunar Crush (Left) & Coingecko (Right)

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BlockchainIST Center is an R&D Center for #Blockchain #DeFI and #FinTech. We provide consultancy and training for private and public sector around the world.

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BlockchainIST Center

BlockchainIST Center

BlockchainIST Center is an R&D Center for Blockchain, DeFi and FinTech. We provide consultancy and training for private and public sector around the world.

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