Browsing: supply

Rain (RAIN) trades at $0.00887 on Friday evening. That makes it the 21st largest cryptocurrency by market capitalisation, and that is exactly what is odd about it: on paper the market value is $6.30 billion, yet only $7.14 million changed hands over the past 24 hours. Anyone unwinding a larger position meets a market too…

Michael Saylor recently asserted that Bitcoin’s supply cap remains unchanged despite market fluctuations. In a tweet to Luke Gromen, Saylor argued that a declining compound annual growth rate (CAGR) indicates a maturing asset, not fiat control influences. This statement, which has garnered significant attention, highlights ongoing conversations about Bitcoin’s adoption and scarcity in the digital…