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.

 

Staking Payouts

Period: 2019-03-16 00:00:00 to 2019-03-31 23:59:59 (GMT)

BTC paid: 6.80806416

BCO paid: 81.87638490

ETH paid: 0.58870950

Equivalent total: 6.83462609 BTC

 

Total Staking Positions: 11524 | Net positions created: -12

1-month – 349 | 3-month – 875 | 6-month – 1321 | 12-month – 8979

Total staked: 17,933,944.98546350

Total staked (with bonus): 34,376,702.80489800

Added stake during this period: 57,294

 

As of this payout, 66.7% of the total BCO supply is 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.

 

Trading Volume

Period: 2019-03-16 to 2019-03-31

Total volume: 4,107.5 BTC | Average Daily volume: 256.72 BTC

 

Price Action

BCO Price: 0.00008204 BTC | $0.34 USD | 5.50957 BTS

Market Cap: 2,209.78 BTC | $9,217,855 USD | LiveCoinWatch Rank: #323

 

Despite altcoin markets beginning to show a change in direction, BridgeCoin continues to range tighter and has stuck with a ranging pattern between 8.4k and 7.7k under declining volume. Chatter among enthusiasts in our official Discord often centers on opinions about what a favorable ROI in BTC and USD terms is.

Order Book Activity

A great number of newer accounts continue to fill the buy side of the order book, many of which are trading smaller sums and potentially accumulating against the activity of the trading bots. No significant buy walls exist on either side of the book at this time, and it is seen that one of the largest holders has placed a number of sell-side asks in a layered fashion.