Supply

Ethereum’s supply on exchanges has hit an all-time low, dropping below 9% of circulating supply, leading analysts to forecast potential price increases despite recent market declines.

This article explores the debate over Bitcoin’s scarcity. While the 21 million coin cap is a core tenet of its value, critics argue that its divisibility into satoshis makes this scarcity an illusion. Proponents, however, counter that demand outstrips supply, making it a genuinely scarce asset.

A new XRP exchange-traded fund (ETF) from 21Shares is launching in the US, marking the fifth such fund. Despite strong inflows and a significant drop in available XRP supply on exchanges, the price of Ripple’s cryptocurrency has yet to respond positively to the hype.