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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...
Bitcoin Mining in July: $844.56 Million in Revenue, Dominance of Top Pools, and Fluctuating Difficulty Levels
1.8.2023
As per the data compiled for the month of July, bitcoin miners discovered a total of 4,366 blocks, collectively accruing approximately $844.56 million in block rewards and fees. This figure marks an estimated increase of $60.8 million from the previous month. July’s Bitcoin Mining Landscape:...
Bitcoin investor sentiment slumps to a new low, even as macro and equities show improvement
1.8.2023
Three key Bitcoin price indicators explain why BTC price continues to fall toward new lows
Robert Kiyosaki Insists US Dollar Will Die as BRICS Summit Nears, 41 Nations to De-Dollarize the World
28.7.2023
Rich Dad Poor Dad author Robert Kiyosaki has reiterated his warning about the impending demise of the U.S. dollar as the BRICS summit approaches. The famous author anticipates the launch of a new currency by the economic bloc and the de-dollarization efforts of around 41 nations seeking to join...
This Dogecoin competitor experiences epic influx of crypto whales and threatens the dominance of altcoin giants
26.7.2023
In the dynamic and ever-evolving world of cryptocurrencies, a remarkable contender has emerged on the scene, setting its sights on disrupting the status quo. DigiToads (TOADS), a potential Dogecoin (DOGE) competitor, is making waves with an extraordinary influx of crypto whales, signaling a shift...
Stablecoin dominance slides as market cap falls to near 2-year lows: CCData
21.7.2023
After 16 consecutive months of decline, the stablecoin market dominance has fallen to 10.3% of the total crypto market capitalization
JPMorgan Warns Dollar Dominance Faces Risks From Political Instability, US-China Tensions
21.7.2023
JPMorgan has warned of the risks to the U.S. dollar’s dominance from escalating U.S.-China tensions and political instability. The global investment bank’s strategists anticipate “partial de-dollarization,” in which the Chinese yuan gradually assumes a more significant role...
XRP Soars 10%, Lifting Altcoins as Bitcoin Dominance Teeters at 1-Month Low
19.7.2023
Bitcoin’s stall despite the recent wave of positive news is a cause for concern, one observer said
Altcoins ‘bled’ with Bitcoin's dominance hike in Q2: CoinGecko
19.7.2023
Exchange, DeFi and metaverse tokens were hit hard in the second quarter of 2023 while Bitcoin continued to make gains
Economist Sounds Alarm on US Dollar Losing Reserve Currency Status
19.7.2023
An economist with the Heritage Foundation has warned about the potential calamity of the U.S. dollar losing its reserve currency status. He stressed that “The Biden administration has taken so many actions to dethrone King Dollar that it would be difficult to rank them all by their...
Scarce Open Market Supply of Top Two Gold Tokens as Concentration Levels Run High Among Top Holders
18.7.2023
Over the last six months, the value of an ounce of gold has witnessed a 3.8% surge in relation to the U.S. dollar. Within the realm of cryptocurrencies, there exist two noteworthy tokens backed by gold: pax gold (PAXG) and tether gold (XAUT). Together, these tokens amass a considerable worth...
Nobel Laureate Paul Krugman Says US Dollar Dominance Won’t Last Forever but Doubts Chinese Yuan Can Replace USD
18.7.2023
Nobel Prize-winning economist Paul Krugman says the U.S. dollar’s dominance “won’t last forever.” While recognizing the global de-dollarization trend, he expressed skepticism about the Chinese yuan’s ability to replace the U.S. dollar as the world’s dominant...
IMF Has Not Seen Specific Proposal on BRICS Currency
16.7.2023
The International Monetary Fund (IMF) has not seen any specific proposal on a common BRICS currency. However, the IMF acknowledges the presence of “slow-moving trends” indicating shifts in the currency composition of reserves and trade. The Fund’s statement followed reports that...
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...
Russia, 10 Southeast Asian Nations Discuss Using National Currencies in Trade Settlements
15.7.2023
Russia is discussing using national currencies in trade settlements with 10 Southeast Asian countries, members of the Association of Southeast Asian Nations (ASEAN), Russian Foreign Minister Sergey Lavrov has revealed. The move comes as more and more countries worldwide are seeking to de-dollarize....
XRP’s Rise Causes Ripple of Gains in Crypto Economy
14.7.2023
Since July 12, 2023, the cryptocurrency market has expanded by a staggering $60 billion within a mere 48 hours. The majority of this growth transpired after the decisive Ripple Labs case verdict, resulting in bitcoin’s dominance dipping from 50% to its present level of 48.6%. Ripple Labs...
Bitcoin's Crypto Market Dominance Slides by Most in 13 Months as XRP Court Ruling Spurs 'Alt Season' Talk
14.7.2023
Bitcoin's share of the crypto market tanked on Thursday while altcoins rallied after a U.S. court threw a spanner in the SEC's plans to regulate digital assets
‘Altcoin season’ anyone? Bitcoin dominance tumbles after XRP victory
14.7.2023
Bitcoin market dominance briefly dipped below 50% as altcoins deemed securities by the SEC notched double-digit gains
Economist Predicts End of US Dollar Dominance as More Countries De-Dollarize
13.7.2023
The chief economist at S&P Global has predicted that the U.S. dollar “will no longer be the dominant world currency.” Highlighting the diminishing influence of the USD, he pointed out that an increasing number of countries are de-dollarizing, noting that the Chinese yuan is growing...
Bitcoin continues dominance as 3rd week of fund inflows correct previous months’ outflows
11.7.2023
Blockchain equities inflows reached a recent high of $15 million as well. However, total trading volume dropped