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: 2018-12-16 00:00:00 to 2018-12-31 23:59:59 (GMT)
BTC paid: 7.49043465
BCO paid: 241.45247602
ETH paid: 1.21423425
Equivalent total: 7.5265913 BTC
Total Staking Positions: 11,852 | Net positions created: 148
1-month – 371 | 3-month – 888 | 6-month – 1,346 | 12-month – 9,247
Total staked: 15,893,389.80246280
Total staked (with bonus): 30,199,866.55796080
Added to stake during this period: 4,081,652.4348555
Now that 2018 has drawn to a close, the BCO blockchain has been officially deprecated. Being that some of the coins were not deposited to CryptoBridge, the total supply has effectively been reduced to 26,890,680.
As of this payout, 59.10% 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: 2018-12-16 to 2018-12-31
Total volume: 4,019.94 BTC | Average Daily volume: 267.996 BTC
BCO Price: 0.00015999 BTC | $0.603142 USD | 15.43497 BTS
Market Cap: 4,320 BTC | $16,284,823 USD | CMC Rank: #160
BridgeCoin began to mirror the general price action of the overall market during the last period, establishing the beginnings of a ranging pattern between 15k and 17k sat. While many wait for a signal from Bitcoin price movement to make their altcoin trading decisions, the BridgeCoin market continues to maintain a steady volume regardless.
Order Book Activity
Order size continues to reflect day trading activities more strongly than accumulation, however one of the newer players in the market continues to place, consume and stake larger orders than most. The trend toward creating large wall-like orders seems to be over for the time being. Within the next staking period, many will be interested to see how the reduction of the total supply by 0.4% (a result of the blockchain becoming officially deprecated) may influence accumulation tactics.