Daily Archives: 05/02/2021

Glassnode: BTC Equally Distributed Between Whales and Retail Investors

Despite the rise in the number of whales in 2020, the amount of BTC in the wallets of retail investors has increased by 130% in three years. According to Glassnode, bitcoins are relatively evenly distributed across addresses with varying balance sizes. Glassnode researchers published this data in response to previously disseminated information that the bulk of bitcoins in circulation is concentrated in a few large addresses – only 2% of wallets control 95% of BTC.…

Report: blockchain developers move to DeFi projects

Engineers and developers are gradually switching from tier 1 blockchains that rival Ethereum to DeFi protocols. According to the latest blockchain industry trend report from venture capital firm Outlier Ventures, developers are shifting their focus from Ethereum rivals to DeFi apps. Ethereum has remained the most actively developed blockchain protocol over the past year, followed by Cardano and Bitcoin. The fourth place after the launch of the main network in October 2020 was taken by…