HanfaRegulated
Croatia Crypto Asset Transfer License (MTL)
Bitcoin Store
Regulated in Croatia
Crypto Asset Transfer License (MTL)
Basic Information
Country/RegionCroatia
Exchange AbbreviationBitcoin Store
Company NameDigital Assets Ltd
Operating Period2-5 years
Websitehttps://www.bitstore.net
Phone number21 209 851
RiskNotice
1 risk alerts
- License No.
- Not disclosed
- Regulatory Jurisdiction
- Croatia
- Licensed Entity
- DIGITAL ASSETS Limited Liability Company
- Effective Date
- 2026-06-01
- Sharing Status
- No
Exchange Overview
Exchange Overview
Simply buy, sell and securely store cryptocurrencies
Business Region
InfluenceB0
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News
$1Trillion Hit by Bitcoin Store of Value: Epic Milestone by CryptoQuant CEO
Bitcoin (BTC) might be a store of value (SoV) for over $1.03 trillion in equivalent across all exchanges and wallets. This massive sum is calculated by combined CEXes and OTC transfer indicators, CryptoQuant platform CEO Ki Young Ju says. $1,030,000,000,000: Bitcoin “Store of Value” metric adds 85% in 2024 Bitcoin (BTC), the largest cryptocurrency, has evolved into an unbelievably large store of value. Across various classes of services, it may see over $1.03 trillion parked, Ki Young Ju, CEO of analytical platform CryptoQuant shared in a tweet with his 390,000 followers. #Bitcoin serves as a Store of Value (SoV). So, how much capital is stored on the network？ Combining off-chain and on-chain data, the estimate is $1.03T, up 85% this year. — Ki Young Ju (@ki_young_ju) December 30, 2024 The metric itself is extremely hard to calculate thanks to Bitcoins (BTC) volatility and low transparency of centralized exchanges and over-the-counter (OTC) trading platforms. Ki Young Ju explained the methodology that attempts to calculate how much money is really stored in BTC. Bitcoins SoV metric includes exchange reserves multiplied by volume weighted average price (VWAP), an estimate of the capital entering the market via exchanges. It counts the average price market participants paid for Bitcoin during a given period. Also,
Cryptocurrency dethrones BTC payments in Europe's biggest Bitcoin store
In a surprising event, Monero (XMR) dethroned Bitcoin (BTC) as the most used cryptocurrency in Europe‘s biggest Bitcoin store. According to ShopinBit’s monthly report, three in every four users paid with XMR in June. Notably, the e-commerce shared this data in an X post on July 12, highlighting 74.54% of all payments made with Monero and 23.64% with Bitcoin. 1.73% of the payments used Bitcoins Lightning Network, while 0.08% used fiat currencies. In this context, ShopinBit launched a challenge and will focus more on XMR if this trend continues. “If Monero transactions surpass Bitcoin transactions in volume for the next 2 months, we‘ll update our bio from ”Europe’s biggest Bitcoin Store“ to ”Europes biggest Bitcoin and Monero Store. ShopinBit Interestingly, the leading privacy-by-default cryptocurrency often trades with a premium in decentralized exchanges, creating arbitrage opportunities. Investors, traders, and users now follow further developments and economic data, looking to where this payment trend will lead Monero next. Disclaimer:The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
