August 1, 2020

Nearly $100M in Bitcoin Moved to Ethereum in July, Led by Retail Traders

[Coindesk, Getty Images] Ethereum is still the most popular off-chain destination for bitcoins as its supply of tokenized bitcoin (BTC) grew more than 70% in July. Monthly tokenized bitcoin supply growth since January 2020. Source: Dune Analytics, OnChainFX, CoinDesk ResearchMore than 20,000 BTC — worth roughly $225 million — are now tokenized and used in Ethereum-based protocols.Wrapped Bitcoin […]
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