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Ripple’s Chris Larsen Believes Bitcoin Dominance Could Fall Over Proof-of-Work’s Energy Consumption
25.4.2021
Ripple Labs cofounder Chris Larsen has a bone to pick with bitcoin and crypto networks that leverage proof-of-work (PoW). Larsen’s latest write-up explains that the crypto industry needs to reconsider PoW because of the effects on the environment. The Ripple executive believes that other...
Bitcoin’s Market Dominance Slides to 50%, While Ethereum’s Valuation Climbs Higher
24.4.2021
Bitcoin dominance, the metric that measures bitcoin’s overall market capitalization against all the other crypto asset valuations has dropped considerably in recent weeks. At the end of February, bitcoin dominance levels started sliding downward from 61% to today’s 50%. Meanwhile, from...
Ethereum hits $2.6K all-time high as Bitcoin market dominance falls below 50%
22.4.2021
Altcoins begin to deliver gains on Thursday, while Bitcoin stays down, bringing its market cap dominance below 50%
Bitcoin dominance is about to drop below 50% for the first time in 3 years
22.4.2021
A weakening Bitcoin presence could give altcoins the moonshot they have waited for for three years
Cardano and Polkadot extend staked capitalization dominance
20.4.2021
While Cardano and Polkadot are extending their staking dominance, Tezos has plummeted from the top ten by staked capitalization
North American crypto miners prepare to challenge China’s dominance
13.4.2021
Crypto Economy Nears $2 Trillion, XRP Gains 37%, BTC Dominance Drops to 56%
5.4.2021
Digital currency markets have seen some significant gains on Monday as the entire market capitalization of all 8,500+ cryptocurrencies in existence has jumped a few percentages. Bitcoin’s price has spiked a touch over 1.5%, but a number of other coins have seen much larger gains during...
When 'alt season?' Now, says analyst as Bitcoin dominance hits 6-month low
29.3.2021
Altcoins are stepping into the spotlight as Bitcoin comes down from months of all-time highs, but can conditions stay favorable for long?
PancakeSwap (CAKE) aims to take a slice out of Uniswap’s DeFi dominance
28.3.2021
PancakeSwap has emerged as one of the top DeFi platforms and its Binance Smart Chain integration makes it a liquidity magnet against competitors like Uniswap and SushiSwap
Crypto Markets Rebound, Bitcoin Price Consolidates, BTC Dominance Levels Sink
27.3.2021
The price of bitcoin dropped around 8% during the last seven days, but prices started to improve during Friday’s mid-afternoon trading sessions. Today, bitcoin is swapping for prices between $54,400 to $54,800 per unit and commands a $1.02 trillion market valuation. The overall market...
Blockchain-friendly Wyoming challenges Delaware's biz incorporation dominance
25.3.2021
One business and law professor has argued that Wyoming’s liberal blockchain law could help the state compete with Delaware in the business incorporation arena
Cryptocurrency Markets Catch Fresh Momentum, BTC Price Taps Psychological $60K Handle
13.3.2021
The price of bitcoin cracked a new all-time high on Saturday morning reaching $60,120 per unit at around 6:25 a.m. (ET). Bitcoin now has a 1.12 trillion-dollar market valuation and a dominance level of around 61.9% while ethereum now commands close to 12% of the $1.70 trillion capitalization of...
Tether's Supply Dominance Hits Record Low as USDC & Co Rise
3.3.2021
As USD coin (USDC) strengthens its positions, tether (USDT) is losing its market share, according to crypto intelligence firm Coin Metrics. That said, stablecoins, in general, are again on the rise this year, and the total supply is expected to grow further with the increase in use cases.
Per...
China’s CBDC is about domestic dominance, not beating the dollar
26.2.2021
The notion of China racing to launch a CBDC that will end U.S. monetary supremacy doesn't hold up if you look at the facts on the ground
Bitcoin price eyes $63K next as rising BTC dominance puts altcoins at risk
17.2.2021
The price of Bitcoin keeps climbing higher but one key support level must hold for the rally to continue
Head of St Louis Fed Says Bitcoin Not a Challenge to US Dollar’s Global Dominance
17.2.2021
James Bullard also likened bitcoin to gold as a safe-haven asset
ETH 'Insanely Cheap,' DeFi To Rally, BTC Dominance to Drop - Pantera Capital CIO
11.2.2021
Source: iStock/Duncan_Andison
Even after its recent strong rally, the second-largest cryptoasset by market capitalization, ethereum (ETH) is "insanely cheap" and can still rally 5-10x, while bitcoin (BTC) dominance willl go down due to ETH and DeFi assets, according to Joey Krug, Co-chief...
Market Wrap: Bitcoin Rises to $38.3K While Ether’s New High Takes Spotlight
5.2.2021
DeFi and the prospect of trading futures have crypto investors scooping up ETH
USDC on exchanges doubled in January while Tether's dominance fell to new lows
2.2.2021
USD Coin continues to capture stablecoin market share, with Tether’s stable token dominance falling below 75% for the first time ever
Global Chip Shortages Disrupt Bitcoin Mining Rig Production: China’s Dominant Position as Hash Rate Leader Under Threat
24.1.2021
The ongoing global shortage of chips that are used in the production of bitcoin mining rigs is now causing manufacturing disruptions. According to one report, these disruptions are causing a shortage of rigs on the market and subsequent price increases. Already, the report suggests that the prices...