What happens when 1% of Bitcoin holders control 99% of BTC supply?
Whales have amassed a large portion of the Bitcoin in circulation, with around 1.86% of addresses holding most of the supply.
Related Posts


Tyler Winklevoss: It’s Good For BTC When The Fed Prints Money
Bitcoin may ultimately benefit from the U.S. Federal Reserve's actions, says Tyler Winklevoss. 1589 Total views 3 Total shares U.S. government spending may lead to upward Bitcoin (BTC) prices, according to Gemini crypto exchange co-founder and CEO, Tyler Winklevoss. "The Fed continues to set the stage for bitcoin's next bull run," Winklevoss said in a July…

Hodler’s Digest, August 5-12: You Can’t Actually Buy A Frappucino With Bitcoin, But You Can Ship More Things On Blockchain
Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week US Security And Exchange Commission Postpones Bitcoin ETF…

Robinhood suspends 24-hour trades for 8 hours
Robinhood’s 24-hour execution venue, Blue Ocean ATS, has its own risk controls to prevent stocks from trading more than 20%.

California regulator warns of 17 crypto websites suspected of fraud
The California Department of Financial Protection and Innovation (DFPI) has fired off 17 separate warnings over two days of crypto brokers and websites it suspects of being fraudulent.The list includes Tahoe Digital Exchange, TeleTrade Options, Tony Alin Trading Firm, Hekamenltd/Tosal Markets Limited, Trade 1960, Yong Ying Global Investment Company Limited, Unison FX, VoyanX.com, and ZC…

Stellar Node Outage Causes Two-Hour Complete Transaction Freeze
Blockchain network Stellar (XLM) stopped confirming transactions for two hours on May 15, executives confirmed following a user post on social media.Stellar, whose lumens token is currently the eighth-largest cryptocurrency by market cap, went down entirely for around 110 minutes Wednesday.The cause, it appears, was a mass offlining of Stellar Development Foundation (SDF) nodes, which…

Iggy Azalea’s anti-scam plan and crypto losses from hacks decline by 12%: Finance Redefined
In a bold move to combat crypto scams, Iggy Azalea pledges to burn her own coins.

Fintech company Leonteq expands crypto offering in Europe
Swiss-based financial firm Leonteq have launched an investment suite of 18 crypto assets with an inherent focus on institutional investors throughout Germany and Austria. 390 Total views 83 Total shares Following the successful expansion of its cryptocurrency service within its homeland of Switzerland, fintech firm Leonteq has now launched a collaborative effort with ICF Bank…

P2P Crypto Trading Volume Increased 2800% in South Africa, Says Paxful
Peer-to-Peer (P2P) cryptocurrency trading platform Paxful has seen 2,800% more trades in South Africa this month compared to October 2018.Demand for crypto sharply increases in S.A.Paxful announced the growth of its South African user base in a blog post published on Oct. 28. In the post, the company also notes that Johannesburg, Pretoria and Cape…