Only 1.3 Million BTC Remains On Exchanges – December 30

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $47,290

Bitcoin price continues to range around $47,000, as it stabilizes once again from a rejection at the $52,000 mark.

Top-20 altcoins have had mixed performance over the last 24 hours, as Ethereum falls 2%, Polygon rises 2% and Algorand surges 16%.

Top Stories for December 24, 2021 πŸ”₯

πŸ‘‰ Only 1.3 Million BTC Remains On Exchanges

The total supply of Bitcoin circulating on exchanges has hit a new low for 2021, measuring in at 1.3 million BTC – or 6.3% of the total Bitcoin supply.

The figure has been falling since the around 2020 Bitcoin halving, with 9.5% of all Bitcoin in exchange wallets as of October 2020. Just over 40% of all coins are currently held on Coinbase.

πŸ‘‰ Polygon Patches Exploit That Put $24B Of MATIC At Risk

Polygon network has patched a bug in its code that could have resulted in $24 billion worth of its native MATIC token being lost.

The vulnerability involved the network’s proof-of-stake contract, which would have enabled an attacker to mint 9.2 billion tokens from its MRC20 contract. It was reported to a bug bounty platform by a whitehat hacker, who prompted the network upgrade.

πŸ‘‰ MicroStrategy Continues To Purchase More Bitcoin

Business intelligence firm MicroStrategy continues to purchase more Bitcoin, purchasing another 1,914 BTC over a 20-day period in December.

The firm paid around $94.2 million for the coins, bringing the company’s total position to 124,391 BTC at a current market value of around $5.9 billion.