π 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 π₯
The total supply of Bitcoin circulating on exchanges has hit a new low for 2021, measuring in at 1.3 million BTC β 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.
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.
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.