Since August, when BTC’s price started gaining upward momentum, the percentage of coins on exchanges started dropping. Currently, just 12.9% of bitcoin’s circulating supply(~$163 billion) is sitting on cryptocurrency exchanges.
Miami is set to share some of the yield generated from the city’s new cryptocurrency - Miamicoin - with its residents through the distribution of Bitcoin as a dividend. The city’s cryptocurrency was launched in August.
Shortly after tweeting a screenshot of what appeared to be a cryptocurrency wallet integrated into Discord, the platform’s CEO, Jason Citron, said the company would not ship what he was previewing for the foreseeable future.
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Top stories in the Crypto Roundup today:
- Less than 13% of Bitcoin’s Supply is on Exchanges
- Mami to Distribute ‘Bitcoin Yield’ to its Residents
- Discord Halts Crypto Wallet Plans Amidst User Backlash
- Crypto Market Movers – LRC, KDA, HNT
- Sponsored: Check Out The Newest Liquidity Mining Pool on Curve Finance