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DMD Price   

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DMD

Diamond  

#DMD

DMD Price:
$2.80
Volume:
$1
All Time High:
$49.15
Market Cap:
$9.3 M


Circulating Supply:
3,302,497
Exchanges:
2+
Total Supply:
3,302,497
Markets:
2+
Max Supply:
Pairs:
5



  DMD PRICE


The last known price of #DMD is $2.80 USD.

Please note that the price of #DMD was last updated over 190 days ago. This can occur when coins have sporadic price reporting, no listings on exchanges or the project has been abandonded. All #DMD statistics should be considered as 'last known value'.

The lowest DMD price for this period was $0, the highest was $2.80, and the exact last price of DMD was $2.80254.

The all-time high DMD coin price was $49.15.

Use our custom price calculator to see the hypothetical price of DMD with market cap of BTC or other crypto coins.


  DMD OVERVIEW


The code for Diamond crypto currency is #DMD.

Diamond is 9.9 years old.


  DMD MARKET CAP


The current market capitalization for Diamond is $9,255,384.

Diamond is ranking upwards to #1067 out of all coins, by market cap (and other factors).


  DMD VOLUME


The trading volume is unknown during the past 24 hours for #DMD.

Today's 24-hour trading volume across all exchanges for Diamond is $1.00.


  DMD SUPPLY


The circulating supply of DMD is 3,302,497 coins, which is 100% of the total coin supply.

A highlight of Diamond is it's limited supply of coins, as this tends to support higher prices due to supply and demand in the market.


  DMD EXCHANGES


DMD is available on several crypto currency exchanges.

View #DMD trading pairs and crypto exchanges that currently support #DMD purchase.


  DMD RELATED


Note that there are multiple coins that share the code #DMD, and you can view them on our DMD disambiguation page.


  DMD RESOURCES


Websitebit.diamonds
Whitepaperbit.diamonds/DMD_WP_1.0.pdf
Twitterdmdcoin
Redditr/dmd
TelegramDMDcoin


  DMD DEVELOPER NEWS



️ Staking on the DMD Diamond Blockchain — A True Picture of Blockchain Decentralisation!

🗣️ Staking on the DMD Diamond Blockchain — A True Picture of Blockchain Decentralisation! - If you are looking for a blockchain that boosts true decentralisation while securing its network via staking and transaction validation, then the DMD diamond blockchain is your go-to. It’s needless to argue that decentralisation forms the core feature of a blockchain. However, it’s worrisome that many blockchains today that boost decentralisation are typically centralised ecosystems.Decentralised DMD Diamond Blockchain Ethereum, a blockchain known to be the home of smart contracts and decentralised applications (DApps), has recently been flagged for privacy concerns. Justin Drake, a researcher at the Ethereum Foundation, unveiled that the IP addresses of Ether stakers are monitored as a broader part of the metadata obtained. With that information, stakers could be tracked via their IP addresses. Therefore, Ethereum couldn’t further boost on-chain privacy, allowing unsolicited data mining and censorship attacks.DMD Diamond Blockchain That’s where the DMD Diamond Blockchain comes as a superior and an alternative to Ethereum and other allied blockchains. Staking and transaction validation on the DMD diamond blockchain doesn’t come with a single block finder, but only a set of 25 validators unanimously create a block and get incentivised in return. There’s no IP address attached to the block finder, and hence, none is...




Smart Contracts on DMD Diamond Blockchain Version-4 (DMDv4)

The idea of the smart contract’s operability on DMD diamond blockchain version-4 was to revolutionize and simplify the traditional methods of trade between parties without a call for credibility and originality issues. With the DMD diamond blockchain version-4 upgrade, you can host your smart contract decentralized applications (DApps) and, in turn, remove the barriers seen with traditional ways of transactions that pose parties to financial fraud, increased transaction costs, and unnecessary formalities that cause transaction delays, among others. Your projects as a third party can be powered using the smart contract support by the DMD diamond blockchain. You can also deploy any of your EVM-based smart contract projects on our ecosystem and benefit from our unique offerings in the blockchain space. — What is a Smart Contract, and How to Use It on DMD Diamond Blockchain Version-4? - Smart contracts are automated agreements written in programming codes (for example, Solidity, Ethereum, etc.) between a contract creator and the recipient party. The agreements in programming codes are incorporated into a blockchain, let’s say DMD diamond blockchain, to make it immutable. Smart contracts on the DMD diamond blockchain version-4 upgrade disintermediate intermediaries like any other smart contract supporting blockchains. It automates the execution of agreements and workflows once certain conditions specified are met without...




️ Technical Components of DMD Diamond Blockchain V4 You Should Know!

Every day, we are moving closer to the launch of DMD v4 — where we can take advantage of robust network security, faster transaction throughput, full smart contract support, and an on-chain governance system. However, it’s essential to understand the technical components of the DMD diamond blockchain v4 behind our presenting use-cases. Below are what you need to know: The DMD diamond blockchain v4 is planted on an Open Ethereum node client software with EVM (Ethereum Virtual Machine) ability — which is responsible for executing smart contracts. It supports Solidity and other programming languages supported by the Ethereum blockchain. Hence, it’s a Turing-complete solution that allows the development of any decentralized applications (DApps) that can run on the blockchain., A cooperative consensus — the Honey Badger Byzantine Fault Tolerant (HBBFT) and POSDAO node selection algorithm are the two algorithms that power the v4 blockchain upgrade., The Honey Badger Byzantine Fault Tolerant (HBBFT) protocol defines the transaction validation rules. The protocol is responsible for faster transaction throughput, dynamic block times, higher security, and robustness. It allows nodes in a distributed environment to use an asynchronous methodology to reach a consensus on transactions. With HBBFT, block finality is immediate, and transactions get confirmed within seconds with no mining needed to run HBBFT. But, only ...




Exchange Tokens — What Are They and Their Risks?

Exchange Tokens — What Are They and Their Risks? - The recent meltdown of FTX’s native token — FTT, has brought another limelight to what exchange tokens are and their risks. This article would address what they are and the risks they present — taking a clue from what happened in the FTX’s ecosystem. An exchange token is a token native to a particular cryptocurrency exchange. The tokens are minted by centralized companies that run cryptocurrency exchanges. Some of the best-known exchange tokens include Binance’s BNB, FTX’s FTT, KuCoin’s KCS, Bitfinex’s LEO, Crypto.com’s CRO, OKX’s OKB, Huobi Global’s HT, etc You can term them “utility tokens” because — these respective tokens native to each centralized exchange are for utilities — serving as incentives for validators and stakers, footing transaction bills, generating capital and liquidity, governance token, and more. You can buy these tokens on their native parent exchanges or other exchanges, following the satisfaction of Know Your Customer’s (KYC) requirements. Concerning the risk involved with exchange tokens — taking a clue from the recent happenings with FTX’s FTT token, what happened could be said to be a counterparty risk. Furthermore, centralized exchanges must have the liquidity to back up their transactions to stay afloat. Counterparty risk is the probability that another party involved in a contract co...




Mass Crypto Adoption — What’s The Future Of DMD Diamond Coins?

Mass Crypto Adoption — What’s The Future Of DMD Diamond Coins? - Beyond the recent crypto winter, day in, day out — there is a higher level of awareness about Cryptocurrencies and their use-cases. In the crypto market sizing report (2021 and 2022) forecast, it was speculated that the number of global crypto owners should reach 1 billion by the year-end of 2022. Then the next question is, what percentage would DMD diamond coins fill among the speculated owners? Blockchain projects (with their native coins) are getting launched almost every day, however, projects with sustainable use-cases focusing on problem-solving have differentiating characteristics that make them future-promised, compared to those blockchains/cryptocurrencies that go to a halt in little time. DMD diamond blockchain (with its native coin- DMD diamond coin) has demonstrated to be sustainable over the years. From 2013 till the moment, it has continued to grow, and showcase significance. Following the DMD v4 launch, it would use the first industry consensus — the HBBFT algorithm. Robust security, higher throughput, cheap transaction cost, and an EVM-compatible smart contract system, amongst others, are some of its features. An NFT Marketplace where NFT creators and enthusiasts could meet to transfer digital ownership of artworks, and other assets, is also in development and planned to be on top of the blockchain. Also, the unique Diamonds ...




What You Should Know About Unique Diamonds Project

All thanks to the DMD diamond blockchain that support the host of third-party projects — through providing first industry advantages like dynamic block times, instant finality of transactions, instant final blocks, bigger and faster blocks, access to true random numbers unlike consensus of other blockchains, robust security, higher efficiency and cheaper transaction cost, far better than other blockchains in the industry. Unique Diamonds — the first third-party project to get launched on top of the DMD diamond blockchain. It features an NFT smith — to mint NFTs, an NFT Marketplace — where buyers and sellers could meet to change NFTs ownership and a DMD-themed NFT collector experience. The Unique Diamonds is a blockchain-based collector game with an exciting web user interface (a website), targeting crypto-affine and collector mindset audiences like you — who don’t mind having fascinating collector experiences. With Unique Diamonds, you can mint 24 unique diamonds (NFTs) per day with attributes that are randomly calculated. You can cut the NFTs using the cutter, engrave the NFTs, lend/rent the mine, and lend/rent the cutter. It also has well-balanced game mechanics that are immutable, no registered users, and open source smart contract codes visible on GitHub. However, some marketplace and front-end codes are closed source, hence, includes activities that exist outside the blockchain. — Ov...




️ DMD Diamond Blockchain DAO — A Glad Tiding To Third Party Projects And Our Members✨✨

🗣️ DMD Diamond Blockchain DAO — A Glad Tiding To Third Party Projects And Our Members✨✨ - As we keep emphasizing, DMD diamond blockchain DAO would revolutionize our structure and function regarding DMD diamond blockchain operations, when it comes into function. Following its release with the upcoming v4.1 upgrade, members of our DAO would have the sole wherewithal to approve funding for third-party projects, from the funds managed by the DAO. However, terms and conditions apply. For third parties to secure funding approval for their projects, it’s expected of them to request funding through a proposal, and most importantly provide reasons to our DAO on how their project use-cases could add value to our ecosystem. Then, stakeholders or validator node operators of our ecosystem would take the bull by the horn, deliberate on your request, and look carefully at what your use-cases mean to the DMD diamond blockchain. If all things go the right way, our DAO member’s votes would go in your favor, and hence, you get to benefit from the pull of our funds and support.DMD Diamond Blockchain DAO Therefore, we present to you an ecosystem — an investment DAO where you the members determine when and where our funds are invested in. Unlike the traditional financial system that powers a relatively smaller unit of intermediaries that has funding, here at the DMD diamond blockchain, we power every member of our DAO that...




Multi-chain Approach by DMD Diamond Blockchain

One of the key use cases of the DMD diamond blockchain is interoperability across chains. As we do emphasize, DMDv4 features interoperability and cross-chain bridges that provide users access to transfer data and assets across chains, secured and faster. It uses third-party layer 2 interoperability solutions that support decentralized finance applications and others, supporting smart contract functionalities. However, with the surges in blockchain adoption — from the government to business owners to institutional sectors, and to personalities who are enthusiastic about the evolving space, a multi-chain approach is, therefore, a scalable solution to curtail the consequences of highly congested blockchain networks. Part of our interoperability and sustainability effort here at DMD diamond blockchain is through the multi-chain approach. A multichain approach interconnects several blockchains together with the sole aim of boosting the usability experience, enhancing efficiency, and giving room for blockchain’s wider adoption. Hence, at DMD diamond blockchain, we are working to be part of Panto’s network of supported coins to reach our multi-chain target. Pantos allows existing and upcoming tokens to be deployed on multiple blockchain networks — providing users with the wherewithal to select the best favorable blockchain for their digital assets. Furthermore, our chief visionary officer at DMD diamond blockchain ...




Does the DMD Diamond Blockchain Solve the Issue of Double-Spending?

Double spending is one of the risks seen with Cryptocurrencies, and the DMD diamond coin isn’t an exception. It happens when a blockchain network is attacked, or altered, and users can then reclaim their spent coins. Most often than not, coins used to double-spend are stolen from wallets with inadequate security. 51% attack is the most commonly cited attack associated with double-spending. Therefore, double spending is dependent on the security and the mechanism of the blockchain involved. Before double spending can occur, a secret block must be mined that outpaced the creation of the real blockchain. A new chain would then be introduced to the network. Once the network recognizes it as the latest set of blocks and then add it to the chain, the attacker would have access to reclaim any cryptocurrency they had spent and re-use it again. To the question, “Does the DMD diamond blockchain solves the potential issue of double-spending that could be seen with the DMD diamond coin? Of course, it does! — by way of its unique mechanism and robust security. DMD diamond blockchain operates on DPoS and HBBFT consensus algorithms. HBBFT consensus offers a shield from attackers by using a super secure ⅔+1 majority — the industry’s first solution. This fosters DMD diamond blockchain reliability by helping to detect and eliminate malicious nodes, including the possibility of an orphan block or hard fork in the blockchai...




Does The DMD Diamond Blockchain Support Autonomy With DMD DIAMOND Coin holders?

DMD diamond blockchain is a community-driven project with zero premine or ICO sales. It’s a decentralised autonomous organisation (DAO), and only members of DMD diamond blockchain community (the miners, validators, liquidity providers) are with the sole authority to make decisions, pull resources, and define the course of the project. To the question — Does the DMD diamond blockchain support Autonomy with coin holders? Yes it does! DMD diamond blockchain combines HBBFT (Honey Badger Byzantine Fault Tolerant) consensus algorithm with a delegated Proof of Stake (dPOS) node election decentralization mechanic (POSDAO). It’s the POSDAO that makes the DMD diamond blockchain truly decentralized, thus, allowing for random rotation of power, staking by different validators, and fair distribution of rewards among active community participants — both the validators and stakers. DMD diamond coin holders (irrespective of either a validator or staker) have the sole wherewithal to vote, define marketing and funding strategies, and every other efforts toward the success of the project. They can take part in governance and staking mechanisms without even running a full node. ⠀ This is responsible for the robust security and stability of the blockchain, and serving as a go-to alternative to other existing blockchains. Learn more — bit.diamon




  DMD NEWS


Coinbase Unveils Project Diamond for Institutional Asset Management

    Coinbase and Coinbase Asset Management have introduced 'Project Diamond,' a platform powered by smart contracts. This new system aims to enable institutions by facilitating the seamless creation, administration, purchase, and sale of various digitally native assets directly on the blockchain. 'Project Diamond' According to the official announcement, Coinbase Asset Management has specified that the initial application of Project Diamond will be restricted to registered institutional users located outside the United States. This involves the utilization of Coinbase Prime custody, the Coinbase Web3 wallet, the USDC stablecoin, and the Ethereum Layer 2 blockchain Base, which was incubated by the exchange. Project Diamond reportedly executed the successful issuance, distribution, and maturity of its inaugural digital debt instrument on the platform on November 10th. This technical demonstration aimed to showcase the platform's feasibility to the Financial Services Regulatory Authority as part of its preparations to enter the ADGM RegLab sandbox. While this on-chain financial activity resembles the substantial movement of debt instruments that fuel traditional global companies in finance, the digital discount note, denominated in USDC, was executed within a single application with nearly instant settlement speed on Base. Coinbase said that this transaction signifies a significant improvement in operational efficiency, streamlining a crucial financial process and further opening the... read More



Expobank Issues First Tokenized Diamond Offering in Russia

    Expobank, a large financial institution in Russia, has reportedly issued the first tokenized diamond offering in the country. According to local media, Expobank used the Multichain blockchain platform to issue these tokens, with each one of them having the value of 1/5,000 of a diamond, democratizing access to these investments in gemstones for small investors. Expobank Pioneers Diamond Tokenization in Russia Expobank, a financial institution with more than 50 offices in Russia, has entered the market of gemstone tokenization. The bank recently issued the first tokenized diamonds in the Russian market using the Multichain blockchain, intending to democratize the gemstone market and allow small investors to enter these investment opportunities. The tokens were issued for a three-carat diamond with a value of 9 million rubles ($97,500). Expobank issued 5,000 tokens for the diamonds, each with a price of 1/5000 of the total, leaving each token costing less than $20. The tokens, which were only issued to authorized investors, have their repayment date on November 2026, when the cash-out price of the token will be calculated using a dedicated calculator on a website that rates diamonds according to their size, purity, shape, and fluorescence, among other characteristics. However, if this option is not available, a diamond price index will be used to calculate the price. National and International Tokenizations Advance Russia has allowed for the issuance of tokens, called ... read More



BAD Plummets 14% Despite Shibarium Holding 1 Billion Tokens With Diamond...

    The native token of Shiba Inu's partner - BAD Idea AI - dumped by 14% despite the fact that Shibarium holds one billion BAD tokens. What's particularly intriguing about this is that it comes on the day that Shibarium relaunched. Bad Idea AI (BAD) is a decentralized experiment that combines Blockchain, AI, and DAOs. It has been gaining attention for its innovative approach and achievements. Earlier this year, the Bad Idea AI project formed a partnership with Shibarium, creating an important collaboration within the Shiba Inu ecosystem. Following the Aug. 16 launch of Shiba Inu's Ethereum Layer 2 scaling solution on the mainnet, BAD experienced a 14% price increase almost immediately. According to Shibarium's marketing strategist, the platform currently holds one billion BAD Tokens in its diamond hands. Holding 1 billion now is fun, but how about holding that amount until 2025 — | Summer of Shibarium (@LucieSHIB) August 28, 2023 Despite its positive start and Shibarium holding a total of one billion BAD Tokens, the token is experiencing a 14% drop in price and is trading at $0.000000079804 with a 24-hour trading volume of $1,713,107, according to data from CoinGecko. Bad Idea AI has a strong connection with the Shiba Inu ecosystem, with the lead developer, Shytoshi Kusama, confirming BAD as a long-term partner of the protocol. This association has led to the growth of BAD, especially with the launch of Shibarium. BAD has also established its presence in the crypto ma... read More



Diamond In The Rough: Solo Bitcoin Miner Secures $160,000 Block Reward

    On August 18, a solo miner managed to solve block 803,821, securing a remarkable 6.25 Bitcoin block reward valued at $160,000. This is a very rare event as lone miners have a lower chance of mining a block due to the increase in mining difficulty and this solo miner became the 277th solo miner in bitcoin's history to achieve this.  Solo Bitcoin Miner Makes History The solo miner was able to pull off this remarkable achievement using the Solo CKpool mining service. The miner identified with the tag bc1q2za4ejga366sn288273pty8trasn5zs4y9hqg6 used an S17 Bitcoin Miner with a hash power of roughly 1 PetaHash which is way lesser than most BTC mining entities, as was speculated by Con Kolivas, the administrator of Solo CKpool. Congratulations to miner bc1q2za4ejga366sn288273pty8trasn5zs4y9hqg6 with ~1PH of hashrate at solving the 277th solo block at https://t.co/UWgBvLkDqc! A miner of this size would only solve a block solo on average once every 7 years at current diffhttps://t.co/cNgm1KUqvw — Dr. Con Kolivas (@ckpooldev) August 19, 2023 Perhaps the most interesting thing about this development is that the miner achieved this remarkable reward when mining difficulty was almost at an all-time high of 52.39. Normally, mining Bitcoin with just 1 PetaHash seems impossible compared to other BTC solo miners that were able to pull this off in the past who had hash rate capacity in exa-hashes. It is almost impossible for a solo miner to solve an entire block on their own, due ... read More



Mature Bitcoin Wealth Taps an All-Time High — Diamond Hands Trend ...

    After bitcoin neared $25K roughly 44 days ago, the crypto asset's price has lost more than 17.88% in value against the U.S. dollar. Onchain analysis from researchers at Glassnode details that the price drop has placed short-term holders into 'severe unrealized loss.' Long-term holders, on the other hand, are holding strong and Glassnode researchers say numerous metrics are 'displaying a full cycle detox.'Long-Term Bitcoin Holders Hold Tight The crypto bear market continues to plague short-term holders, according to a recent onchain newsletter written by Glassnode and Ukuria On-Chain. While bitcoin (BTC) has lost 17.88% in value against the U.S. dollar since August 14, 14-day statistics show BTC is down roughly 9.3%, and year-to-date, bitcoin has shed 53.2%. Furthermore, since the crypto asset's lifetime price high, 11 months ago on November 10, 2021, BTC is down 71.3%. Glassnode's newsletter published on September 26 highlights the Bitcoin Realized Cap HODL Waves chart which shows how BTC's long-term holders remain steadfast. According to the data from Glassnode's Telegram channel prior to publishing the onchain newsletter, 'coins aged 3-months+ now account for an all-time high (ATH) of 86.3% of all USD wealth held by the BTC supply.' Glassnode's report details that the Realized Capitalization HODL Waves chart shows the U.S. dollar wealth held by individual age bands. 'With mature spending severely muted, the degree of HODLing behavior is historically high,' Glassnode detail... read More



Bitcoin Diamond Hands: Long-Term Holder Supply Surges Up To Near ATH

    Data shows the Bitcoin long-term holder supply has surged up recently to near all-time high values as these 'diamond hands' add to their holdings. Bitcoin Long-Term Holder Supply Jumps Up By 250k BTC After The Recent Low According to the latest weekly report from Glassnode, the current total balances of the long-term holders is only 30k away from the ATH. The 'long-term holders' (or LTHs in short) is a Bitcoin holder group that includes all those investors who have been holding onto their coins since at least 155 days ago, without having sold or moved them. Generally, the longer holders keep their BTC still, the less likely they become to sell them. Because of this, LTHs are the less likely investor group to sell at any point. The opposite cohort is the 'short-term holders' (STHs), who have had their coins in their wallets for less than the 155-day mark. Now, the 'LTH supply' is a measure of the total number of coins currently sitting in the wallets of the investors belonging to this group. When the STH supply matures enough and reaches the threshold, these coins are then naturally included in the LTH supply. Here is a chart that shows the trend in the Bitcoin LTH supply over the past couple of years: Looks like the value of the metric has been going up in recent days | Source: Glassnode's The Week Onchain - Week 36, 2022 As you can see in the above graph, the Bitcoin LTH supply had been on a decline since the ATH and hit a low just a while back. However, during the last fe... read More



Top Diamond Producer De Beers Deploys Blockchain-Based Platform at Scale

    De Beers, one of the leading diamond-producing companies globally, recently announced the deployment of its blockchain-based diamond source platform at scale. The platform will 'enable the provision of provenance information from source to Sightholder to store on a secure blockchain.'Immutable Record of a Diamond's Provenance One of the world's top diamond miners, De Beers, recently said it had deployed a blockchain-based diamond source platform at scale. The platform, which is known as Tracr, gives the so-called sightholders the ability 'to provide an immutable record of a diamond's provenance, and [empowers] jewellery retailers to have confidence in the origin of the diamonds they purchase.' The launch of the platform at scale comes nearly four years after De Beers launched the R&D phase, a statement released by the company said. The launch also comes in a year when the company has already 'registered one-quarter of its production by value on TracrTM in the first three sights of the year in preparation for this first scale release.' In a statement, Bruce Cleaver, the CEO of De Beers Group, spoke of how the blockchain enhanced confidence in an industry that has been accused of not doing enough to stem the flow of illicit diamonds. 'TracrTM, which will enable the provision of provenance information from source to Sightholder to store on a secure blockchain, will underpin confidence in natural diamonds and represents the first step in a technological transformation that will e... read More



World's Largest Cut Diamond Bought for $4.3 Million in Cryptocurre...

    “The Enigma” – a billion-year-old black diamond considered to be the largest cut in the world – was sold for a whopping $4.3 million worth of digital assets. The owner of the jewelry is now the American entrepreneur Richard Heart who renamed it the “HEX.com diamond” after his blockchain organization. Sotheby’s Diamond Bought for Millions in Crypto Earlier this year, the leading marketplace for art and luxury – Sotheby’s – announced it will host an auction for a rare 555.55-carat diamond that can be sold for cryptocurrencies. The jewelry was displayed in London between February 2 and February 9, where Richard Heart – a social entrepreneur, author, and philanthropist – purchased it for $4.3 million worth of digital assets. The American is a cryptocurrency veteran as he is the creator of the blockchain company HEX. In a recent tweet, the 42-year-old informed that the jewelry will bear the name of his entity – “HEX.com diamond.” However, he did not reveal the type of cryptocurrencies he used. I won the world's largest cut diamond for our #HEXican cultural heritage! It'll be called the https://t.co/mLZsmWqXG0 diamond, it weighs 555.55 carats and has 55 facets. Congratulations to all you #HEXicans with #5555 club https://t.co/mLZsmWqXG0 tattoos. Let's all win together! pic.twitter.com/37mfTGbzMe — Richard Heart ETH FORK PulseChain.com,PulseX.com!? (@RichardHeartWin) February 9, 2022 U... read More



Bitcoin Diamond Hands: Despite Recent Fear, Coins Aged 12-18 Months Rise...

    Despite the recent fearful market, Bitcoin hodlers show diamond hands as coins aged 12-18 months touch a 2-year high. Coins Matured To 12-18 Months Revisit A High Not Seen Since 2 Years As pointed out by an analyst in a CryptoQuant post, BTC hodlers have held strong recently as coins aged 12-18 months have seen a sharp spike recently. The relevant on-chain indicator here is the Bitcoin Sum Coin Age (SCA) Distribution that shows the distribution of coins among the different holders in the market. The metric works by looking at each coin on the chain and measuring how many days it has been since it was last moved. Based on the age, these coins are put into different categories. For instance, if a coin has been sitting still since 12-18 months ago, it is included in the 12-18 months holder group. When the distribution of the long-term holders goes up, it means accumulation has been strong recently. Such a trend has usually been bullish for the price of Bitcoin as it shows a large number of holders refuse to sell at the current levels. On the other hand, when coins belonging to short-term holders move up, it means some long-term holders have decided to sell. This trend may be bearish for the price of the crypto. Related Reading | Bitcoin Millionaires Are Flocking To This North American Tax Haven. But What Do The Locals Think? Now, here is a chart that shows the trend in the supply of coins that have matured to 12-18 months (one of the long-term holder groups): Looks like th... read More



Sotheby's to Accept Crypto for a 555-Carat Black Diamond (Report)

    Half a year after a diamond was paid for with cryptocurrencies, Sotheby’s will host another auction for a rare 555.55-carat diamond that can be sold for digital assets. According to a recent Forbes report, the diamond in question is set to be the largest ever to appear at an auction this February. It’s a rare black diamond that has “never been publicly displayed or sold and has been held in the same collection for more than 20 years.” It’s called “The Enigma” and will be offered without reserve – meaning that it will go to the highest bidder without a cap on the maximum price. The giant auction house Sotheby’s estimated that it could go for up to $7 million. Interestingly, the buyer can opt to pay with cryptocurrencies during the auction. The coverage further informed that the Guinness Book of World Records called “The Enigma” the largest cut diamond in the world. The Gemological Institute of America and Gübelin, on the other hand, said it’s the largest fancy black natural color diamond. Ahead of the auction, which starts on February 3rd, the diamond will be shown for the first time in Dubai, Los Angeles, and London. It’s worth noting that Sotheby’s already sold a massive diamond for cryptocurrencies. As reported in July last year, an undisclosed buyer paid $12 million for one. Separately, the auction house invested $20 million in an NFT studio called Mojito. read More



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