URPD analysis: 7% of Bitcoin’s supply locked in $60,000 to $65,000 price range
Bitcoin has maintained a price above $60,000 since Feb. 28, briefly dipping below the level only twice — once on March 5 and during a brief period between April 17 and April 19.
Although Bitcoin briefly surpassed $70,000 multiple times in March and April, the URPD metric reveals a significant accumulation of supply between $60,000 and $65,000 — with BTC trading within this range for the past two weeks.
Approximately 7% of the total supply is concentrated within this range as of April 26, based on Glassnode data.
The live price of Bitcoin is $ 64,519.52 per (BTC / USD) with a current market cap of $ 1,270.38B USD. 24-hour trading volume is $ 30.58B USD. BTC to USD price is updated in real-time. Bitcoin is -3.28% in the last 24 hours with a circulating supply of 19.69M. #bitcoinhalving#Bitcoin❗️
Solana Price Continues to Drop Despite NFT Outperforming
The sales volume and NFT transactions on Solana have decreased in the past month. SOL's price movement continues to decline, with indicators suggesting further price decreases ahead. #solana#binance
BNB is a valuable asset that has multiple use cases and strong fundamentals. As Binance continues to grow and innovate its ecosystem, and as BSC attracts more users and developers to its platform, the demand for BNB will increase accordingly. Therefore, it is expected that BNB will hit $1000 in the future for sure!
We predict that Bitcoin will jump to an average price of $60,000 in 2024, thanks to the Halving event, and settle more in 2025 with an average of $65,000. In 2026, we see Bitcoin trading as high as $90,000 by the end of the year. By 2030, we predict that Bitcoin could reach a high of $160,000
South Korean NFT Marketplace PlayDapp Loses Over $290 Million in Crypto Exploit
According to CryptoPotato, South Korean blockchain-based game development platform and non-fungible token (NFT) marketplace PlayDapp has lost over $290 million in crypto from an exploit lasting four days. The smart contract of PlayDapp’s native token, PLA, has been paused, and preparations are ongoing to conduct a snapshot for migration.The exploit began on February 9 when an unauthorized wallet minted 200 million PLA tokens worth $36 million at the time. Blockchain security firm PeckShield revealed that the wallet was recently added after the token’s smart contract’s private keys were compromised and the protocol hacked. In response, PlayDapp offered the hacker a white hat bounty of $1 million in exchange for the funds to be returned by February 13, threatening to involve law enforcement agencies in multiple jurisdictions in a criminal investigation if the hacker failed to accept the offer.However, the attacker minted another 1.59 billion PLA tokens worth $249.6 million at the asset’s price during the exploit. The hacker began to launder the stolen funds, swapping and dispersing the assets to different blockchains. PlayDapp asked centralized exchanges to suspend deposit and withdrawal transactions for PLA, hindering the hacker’s attempts to move the tokens further. The hacker’s wallets have been frozen as well.PlayDapp is currently investigating the hacker’s intrusion methods, tracking the minted and swapped tokens, and engaging in talks with exchanges for migration solutions like airdrops. Blockchain intelligence and security firms and law enforcement agencies are involved in resolving the issue, prioritizing the protection of PLA holders’ assets. The PlayDapp team has requested PLA token holders to halt transactions and decentralized exchanges to temporarily pause all liquidity pool activities regarding PLA tokens as precautionary measures. Meanwhile, PLA has lost more than 18% of its value, significantly plunging from $0.182 before the first attack to $0.148 at the time of writing.
Bitcoin Short Squeeze Wipes Out $89M as Price Surges to $52K
The price of bitcoin soared past the $52K milestone on Wednesday, reaching $52,056 per unit on Bitstamp at 10:05 a.m. Eastern Time. Bitcoin’s meteoric rise over the past day triggered a wave of liquidated leveraged positions, wiping out $89.28 million in short positions.
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