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Bitcoin sudden pump to $81K annihilates $180M shorts in half a day
11.11.2024
About $180 million in short positions have been wiped as Bitcoin hit another new all-time high of $81,358.
Solana Gains Ground on Ethereum and Bitcoin in 2024
10.8.2024
Over the past week, there’s been a buzz among market watchers about solana’s performance against BTC, especially when compared to ether. Since the year kicked off, ether has tumbled over 20% against the leading cryptocurrency, while solana has gained more than 5%. Solana, Ethereum...
JPMorgan Chase Captures 18% of US Bank Profits, Highlighting Growing Market Dominance
16.6.2024
A report has found that JPMorgan Chase Bank accounted for a substantial 18% share, or $11.7 billion, of the total $64.2 billion net income reported by all FDIC-insured banks for the first quarter of 2024. This data, highlighted by financial reporters Pam Martens and Russ Martens from...
BlockDAG: The top crypto bet with $49.2M presale success amidst Litecoin’s challenges and Ethereum Classic’s stablecoin launch
12.6.2024
Investors are closely watching Litecoin, Ethereum Classic, and BlockDAG for potential gains. Litecoin faces notable price struggles, while Ethereum Classic launches its first USD-backed stablecoin, Classic USD (USC). Meanwhile, BlockDAG is gaining attention with its innovative approach, significant...
Bitcoin and Ethereum Price Prediction as BTC Bounces From $40,500 Support and ETH Recovers – Sell-Off Over?
19.1.2024
Bitcoin (BTC), the foremost cryptocurrency, witnessed a notable downturn, dipping below the $42,000 threshold on Friday. This marked its steepest fall since December 2023. The current price of Bitcoin stands at $41,332.95, with a 24-hour trading volume of approximately $26.61 billion. Ethereum...
Coinbase’s Market Dominance Challenged by New Wave of Bitcoin ETFs
11.1.2024
Source: Adobe / 24K-Production The US-based crypto exchange Coinbase is facing increased competition and potential challenges to its market dominance following the approval of spot Bitcoin exchange-traded funds (ETFs) in the US. Notable asset management firms, including BlackRock, Franklin...
Can Tether overcome controversies and maintain market dominance?
26.12.2023
As a leader in the stablecoin space and a mainstay of blockchain finance since its founding by iFinex Inc. in 2012, Tether has substantially impacted the state of digital assets. Despite being praised for its ingenuity, Tether has encountered controversy, especially regarding its pegging process...
Bitcoin Price Prediction as BTC Falls 7% in 7 Days – Time to Buy the Dip?
13.12.2023
Bitcoin, the pioneering and most prominent cryptocurrency, has recently faced a downward trend, slipping below $42,000 earlier this week. This decline, accentuated by the release of the latest US Consumer Price Index (CPI) numbers, raises questions about the asset’s short-term trajectory....
Bitcoin (BTC) Market Cap Bigger Than Berkshire Hathaway And Tesla; This New Altcoin Has A Trillion Dollar Market In Its Sight
7.12.2023
The crypto market has been bullish lately. The biggest cryptocurrency, Bitcoin (BTC), has been performing quite well. However, amidst the market dominance of Bitcoin, a new project, Everlodge, has become a favorite among investors. It has captured massive attention for its growth potential...
Former Binance CEO Changpeng Zhao Still Worth $15 Billion Despite Guilty Plea: Forbes
23.11.2023
Source: X / @cz_binance Former Binance CEO Changpeng Zhao, commonly known as CZ, is still worth $15 billion despite recently pleading guilty to federal money laundering charges. On Tuesday, the crypto boss acknowledged his violation of US regulations and evasion of sanctions laws in his pursuit...
Binance Faces Erosion in Market Dominance with 10% Decline in Trading Volume Amidst Rising Competition: Report
13.11.2023
Source: Adobe According to the November 6 report by blockchain analytics firm 0xScope, Binance has maintained its position as the top centralized exchange, with a significant market share; however, its dominance has weakened over the past year, with a continuous decrease in trading volume...
South Korean Crypto Exchange Bithumb Eyes IPO in Move to Challenge Upbit’s Market Dominance
13.11.2023
Local reports suggest that Bithumb, a prominent crypto exchange in South Korea, is contemplating a public listing in 2025. Insider information indicates that Bithumb is considering a debut on Kosdaq and might transition to the Korea Exchange (KOSPI) platform in the future. Bithumb Targets Kosdaq...
Upbit Dominates Korean Crypto Exchange Market With a Market Share of 80%: Research
27.10.2023
Upbit has solidified its position as the dominant player in South Korea‘s crypto exchange market, boasting an impressive market share of 80%. According to recent research by DeSpread, Upbit’s market dominance has remained strong throughout the year, with a brief dip to 70%...
Finder’s Experts Predict Bitcoin to Reach $87K by 2025, Settling at $30K by Year’s End
27.10.2023
Bitcoin (BTC), the leading crypto asset by market cap, has captured considerable attention within the realm of digital currencies, demonstrating robustness and a pronounced market dominance. As it currently stands, its value hovers slightly beneath the $34,000 mark. The latest bitcoin price...
Bitcoin Dominance Reaches 54% as Leading Cryptocurrency Sustains Rally Amid Spot ETF Optimism
26.10.2023
Bitcoin (BTC) ‘s market dominance has reached 54%, its highest level in more than two and a half years. According to data from TradingView, Bitcoin’s dominance currently stands at 53.76%, down by almost 1% over the past day. The chart shows that Bitcoin dominance reached as high...
Stablecoin Market Dominance Hits 18-Month Low: What's Driving Investors Away?
22.9.2023
Stablecoin market dominance has reached its lowest point in 18 months, according to a Monday report.
Amid a volatile year for cryptocurrencies, the stablecoin sector has experienced a sustained decline. As reported by CCData, the decrease has persisted for 18 months, causing market dominance...
Stablecoin Market Dominance Hits 18-Month Low: What's Driving Investors Away?
22.9.2023
Stablecoin market dominance has reached its lowest point in 18 months, according to a Monday report.
Amid a volatile year for cryptocurrencies, the stablecoin sector has experienced a sustained decline. As reported by CCData, the decrease has persisted for 18 months, causing market dominance...
Bitcoin’s Crypto Market Dominance Rises to 50% and It Could Go Higher, Say Analysts
18.9.2023
Hopes for a spot bitcoin ETF and the latest regulatory actions could prove a further catalyst
This coin’s market dominance challenges Litecoin and Cardano
4.8.2023
Litecoin (LTC) and Cardano (ADA) are among the most wanted coins in the crypto world. Or so they were? Since VC Spectra (SPCT) appeared on the market, it has stirred things and posed a significant threat even to well-established coins. But what makes this project so special? Is it because it...
Report: Zimbabwean Economist Says Portion of Goverment Employees’ Salaries Must Be Paid in Gold Coins
15.7.2023
A Zimbabwean economist has said authorities should consider paying a portion of government employees’ salaries with gold coins. The economist said partially paying government workers with gold coins can “help curtail the black market dominance” in the country’s currency...