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 or bts.ai block explorers). The information is presented strictly for educational purposes and not to be construed as investment advice.
Period: 2019-03-01 00:00:00 to 2019-03-15 23:59:59 (GMT)
BTC paid: 7.95298159
BCO paid: 163.55184950
ETH paid: 1.06458230
Equivalent total: 8.75835452 BTC
Total Staking Positions: 11,536 | Net positions created: -41
1-month – 359 | 3-month – 877 | 6-month – 1,322 | 12-month – 8,978
Total staked: 17,876,650.80180280
Total staked (with bonus): 34,262,549.67356730
Added to stake during this period: 10,6630
As of this payout, 66.5% 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: 2018-03-01 to 2018-03-15
Total volume: 4,515.8 BTC | Average Daily volume: 301.0533333 BTC
BCO Price: 0.00008461 BTC | $0.340025 USD | 6.50569 BTS
BridgeCoin continues to mimic the overall cryptocurrency market’s sideways price action since over the last two weeks despite the implementation of user verification for traders who are US citizens. The lack of fundamental impact on price is easily accounted for by highly vocal users in the CryptoBridge Discord channel declaring their intent to accumulate from those that are looking to exit their positions. Trading volume has remained steady in accordance with a minimal price range.
Order Book Activity
The order books continue to be populated with small orders and the more rapid turnover characteristic of a bot-driven and speculative interplay between traders.