We are pleased to bring you the latest BridgeCoin (BCO) report, a product of the collaboration between the CryptoBridge team and the international community which surrounds this very special digital asset. BridgeCoin stands alone among the revenue-sharing exchange assets in its unique value proposition.
This series documents the BCO payout statistics twice per month, discusses the previous two weeks’ price action and overall trend, trading volume and notable orderbook activity.
All information is presented with objective factual information derived from the CryptoBridge application order books and API (cross-referenced with the cryptofresh block explorer). The information is presented strictly for educational purposes and not to be construed as investment advice.
Period: 2018-12-01 00:00:00 to 2018-12-15 23:59:59 (GMT)
BTC paid: 9.03334846
BCO paid: 648.32458388
ETH paid: 1.07358450
Equivalent total: 9.94629907 BTC
Total Staking Positions: 11,704 | Net positions created: 870
1-month – 373 | 3-month – 887 | 6-month – 1371 | 12-month – 9065
Total staked: 11,811,737.36760730 BCO
Total staked (with bonus): 22,025,767.05133190 BCO
Added to stake during this period: 399,839.1508346
As of this payout, 43.74% of the total BCO supply are staked. As indicated previously, we’re giving 75% of all available revenue to stakers, and market makers get the remaining 25%. When the promotion ends, stakers will receive 50% as originally advertised.
Period: 2018-12-01 to 2018-12-15
Total volume: 4329.59 BTC | Average Daily volume: 288.6393333 BTC
BCO Price: 0.00016329 BTC | $0.563572 USD | 14.99999 BTS
Market Cap: 4,285 BTC | $15,216,436 USD | CMC Rank: #163
Following the previous report’s price drop (a large sum of BridgeCoins reached their staking maturity date and were sold), BCO found a bounce point around 6K sat and has since then demonstrated an uptrend. Many large orders continue to be placed as speculators and new stakers enter the trading arena to make their plays despite continued lower levels being reached in overall market conditions.
Order Book Activity
As mentioned above, the orderbook is becoming more populated and traders with large sums to invest have begun to make their presence known. While some believe that the greatest liquidations have yet to arrive, others are taking no chances and placing bids between the 15 and 20K sat range to ensure their fills are made without delay.