IntoTheBlock: The current pledged Bitcoin market value is less than 1% of the encapsulated Bitcoin tokens
Bitget2024/09/15 09:21
According to a post by IntoTheBlock on platform X, the pledging of Bitcoin has just started, and the current market value of pledged Bitcoin is less than 1% of the market value of wrapped Bitcoin (WBTC) tokens. In the coming weeks, it is expected that more wrapped tokens (such as WBTC and cbBTC) will be borrowed in exchange for Bitcoin pledge tokens.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
6 Hong Kong Virtual Asset ETF Turnover of HK$30.74 Million Today
Bitget•2024/11/07 08:35
An address bought TRUMP yesterday and is currently floating at a loss of $88,000
Bitget•2024/11/07 08:13
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$75,113.95
+2.32%
Ethereum
ETH
$2,821.52
+8.50%
Tether USDt
USDT
$1
+0.02%
Solana
SOL
$189.05
+3.23%
BNB
BNB
$596.05
+2.82%
USDC
USDC
$0.9999
+0.00%
XRP
XRP
$0.5550
+4.34%
Dogecoin
DOGE
$0.1935
-0.42%
TRON
TRX
$0.1612
-0.60%
Cardano
ADA
$0.3695
+3.23%
Bitget pre-market
Buy or sell coins before they are listed, including PGC, MAJOR, OGC, MEMEFI, and more.
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now