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Rethinking Bitcoin 'dominance' at 51% — A misleading metric?
22.11.2023
Bitcoin dominance is a largely redundant metric — if you believe BTC and crypto "altcoins" should be in the same category at all that is
Critics Alarmed as 2 Major Mining Pools Dominate Over 50% of Bitcoin Hashrate
16.11.2023
On Wednesday, crypto analyst Chris Blec highlighted that Bitcoin’s two major mining pools now control over half of the network’s total hashrate. Blec posits this dominance could transform bitcoin mining into an industry adhering to regulatory standards, with all miners required...
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...
How Ethereum’s SEC-approved dominance is revolutionizing the crypto market
27.10.2023
The latest tidal wave of interest and funding within the crypto sphere has unveiled many opportunities, demanding situations, and dynamic shifts in market leadership. At the forefront of this evolution stands Ethereum, signaling its intrinsic technological prowess and newfound regulatory...
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...
Bitcoin Price Prediction: BTC’s 25% Rise, Halving, ETF, FCA Stance & USD Data
26.10.2023
In the intricate world of cryptocurrencies, Bitcoin price continues to maintain its dominance, both in market cap and in the headlines. Currently priced at $34,745, it reflects a promising 2.06% surge on Thursday alone. As the market buzzes with anticipation for the impending Bitcoin halving,...
Bitcoin dominance hits 54% — Highest in 2.5 years as BTC halving approaches
26.10.2023
BTC market dominance hovered around 80% during the 2017 bull market but slumped to the 50%–60% range during the 2021 bull market, at times even dipping below 50%
Bitcoin Dominance Hits Fresh 30-Month High as Ether, Altcoins Lag in Rally
25.10.2023
Bitcoin's [BTC] market share of all cryptocurrencies rose to a fresh 30-month high Wednesday as BTC continues to beat most altcoins or alternative cryptocurrencies
With Over 50% Market Share, Bitcoin’s Dominance Echoes Its 2021 Peaks
24.10.2023
Recent data reveals a surge in bitcoin’s dominance, a measure of its market capitalization in relation to the entire cryptocurrency sphere, reaching peaks not observed since February 2021. Present figures demonstrate that bitcoin (BTC) constitutes approximately 54% of the total...
Bitcoin Dominance Reaches Over 49%, Highest in 2 Years – What’s Going On?
22.10.2023
Bitcoin (BTC)'s dominance in the cryptocurrency market has surpassed 49%, reaching its highest level in more than two years.
According to data from CoinGecko, Bitcoin's dominance currently stands at 49.58%, almost three times the dominance of Ethereum (ETH), the second-largest crypto by market...
Bitcoin Beats Rest of Crypto Market as Ether, DeFi Tokens Struggle
18.10.2023
Bitcoin's market share of all cryptocurrencies rises to highest since April 2021
Bitcoin's Rising Dominance Rate Challenges Altcoin Boom From 2021
17.10.2023
The ascent in bitcoin's dominance rate is consistent with the bullish breakout in June, which marked the end of a prolonged range play between 38% and 48%
Renowned Investor Jim Rogers Warns of US Dollar Dominance Ending — Sees Chinese Yuan as the Only Competitor
12.10.2023
Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, has reiterated his warning of the end of U.S. dollar dominance. “I know that the era of the U.S. dollar is coming to an end. No currency stayed on top forever,” he stressed, adding that...
First Mover Americas: Bitcoin Dominance Continues to Climb
10.10.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 10, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin dominance hits 3-month high as 'hammered' altcoins risk dive
10.10.2023
Bitcoin price action wobbles but recovers without new lower lows, while altcoins suffer with traders eyeing potential short opportunities
Russian President Putin Says US Dollar-Based Global Financial System Is Collapsing
8.10.2023
Russian President Vladimir Putin has stated that the U.S. dollar-based global financial system is gradually collapsing. “After all, a currency is a derivative of the power of the economy of the country that issues this currency,” Putin noted, emphasizing: “The share of...
Cardano’s profits surge and developer dominance in September 2023
4.10.2023
Profit-taking has jumped a few borders, as per the data from Santiment. Altcoins, namely ADA, AAVE, and CRV, have observed the maximum profit-taking number. Speculation is that the price could decline in the days to come. The effect is even tangible with ADA’s trading price, which...