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 digital 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 order book 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: 2019-02-01 00:00:00 to 2019-02-15 23:59:59 (GMT)
BTC paid: 5.89079364
BCO paid: 84.14906378
ETH paid: 0.45984000
Equivalent total: 6.43720682 BTC
Total Staking Positions: 11,745 | Net positions created: 7
1-month – 350 | 3-month – 922 | 6-month – 1355 | 12-month – 9118
Total staked: 17,823,132.39136750
Total staked (with bonus): 34,054,517.30229890
Removed from stake during this period: 1,554,131
As of this payout, 59.87% 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: 2019-02-01 to 2019-02-15
Total volume: 3,271.25 BTC | Average Daily volume: 218.0833333 BTC
BCO Price: 0.00009395 BTC | $0.357959 USD | 7.93905 BTS
Market Cap: 2,572 BTC | $9,664,903 USD | CMC Rank: #242
BridgeCoin price continued to recede since the last period as a couple of mid-sized stakes have been removed and liquidated. The largest day of selling indicated a drop of around 28% down to 8.3K sat, but has recovered in the days since and is now ranging between 8.9K-10K sat.
Order Book Activity
Much of the order book is currently filled with light trading and bot activity until more substantial buy support is found around the 8.6K and 8.2K sat levels, respectively. While overall volume for CryptoBridge has shown a marginal uptick in the past week, the ask side doesn’t indicate any expectation of a major run up past 11K sat — at least not yet.