“Realized” price is different to the actual price in that it refers to the value of coins that are actively used. It monitors the value of active cryptocurrency—and excludes lost coins or cryptocurrencies left dormant in wallets for years.
It is calculated by dividing the “realized” capitalization by the circulating supply.
And today, Bitcoin’s “realized” capitalization also hit an all-time high of $142.43 billion, Glassnode announced.
The "realized price" of Bitcoin just hit an all-time high, coinciding with its circulating supply being bought up by smaller account holders now more than ever before.
Per data from crypto analytics firm Glassnode, Bitcoin’s realized price has never been greater, today hitting a new milestone of $6,000 per coin.
All–time high: #Bitcoin's realized price hits $6,000 for the first time.https://t.co/0M9yBxx4GN pic.twitter.com/MdMCllnKtp
— glassnode (@glassnode) August 6, 2020
Realized price (as o...
This metric, devised by analytics firm Coin Metrics, measures the aggregate value of a cryptocurrency network by multiplying each cryptocurrency by the last time it moved.
So if a coin last moved in 2018 when the price was $4,000, the metric takes that price into account, rather than today’s price, when calculating the “realized” cap.
These new all-time highs are indicative of a healthy market: Bitcoin’s price has smashed records this year as an explosion of interest in the crypto-world—particularly decentralized finance—and interest from institutional investors has led more people to invest in the currency.
Bitcoin’s current price today pushed past the $19k mark, hitting $19,171—an increase of 4.42% in the past 24 hours—according to CoinMarketCap data.
Ethereum NFT and tokenization protocol Zora will launch its own token—ZORA—this spring.
The platform, which says it’s “been on a multiyear journey of the best way to bring creativity on-chain through tokenization,” will launch its self-described meme coin on Base, the Ethereum layer-2 network.
“What started as an experiment six years ago has turned into something larger than we could have imagined,” the protocol wrote in a blog post introducing the token. “Thank you to everyone who has realize...
A new governance proposal outlined by Cronos Labs, the team behind the Cronos blockchain linked to prominent cryptocurrency exchange Crypto.com, seeks to reissue 70 billion CRO tokens that were previously burned in 2021—and are collectively worth over $5.3 billion today.
The proposal was issued in the hopes of using the tokens to form a “Cronos Strategic Reserve,” piggybacking off the potential United States crypto reserve as suggested by President Donald Trump in recent days.
The Cronos Strate...
Football legend Ronaldinho Gaúcho’s new official token debuted to a rocky start Sunday, amid concerns around “early snipers” and a “serious security risk.”
Launched Sunday exclusively on the BNB chain, Ronaldinho Coin (STAR10) made its debut to fanfare, promising the footballer’s massive global following access to “exclusive experiences, real benefits, signed collectibles, and an AI Agent.”
The enthusiasm quickly soured, as the retired footballer’s token saw significant volatility on its launch,...