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Bitcoin dominance falls under 40%
29.12.2021
While Bitcoin critics claim this means that BTC is losing its first-mover competitive advantage, others are anticipating the “altcoin season” is just around the corner, or might even be already underway
Bitcoin and Ethereum Extend Decline, BTT and MIOTA Rally
29.12.2021
Bitcoin price remained in a bearish zone below the USD 50,000 level. BTC extended decline below the USD 47,500 level before recovering higher. It is currently (04:19 UTC) trading near USD 48,000 and remains at a risk of more downsides.
Similarly, most major altcoins gained bearish momentum....
Ethereum Has Burned 1.2 Million ETH in 4 Months, Close to $5 Billion in Ether Destroyed
28.12.2021
With three days left until the end of 2021, the Ethereum network and its native token ether have had a phenomenal year as ether has increased more than 450% in value in 12 months. 145 days ago, on August 5, the Ethereum network implemented the London hard fork and since that day, 1,283,226 ether...
Tokenized Bitcoin in Circulation Nears a Half Million BTC, Bitcoin-Pegged Token Value Exceeds $21 Billion
28.12.2021
According to data recorded on December 28, there’s approximately 434,265.43 bitcoin-pegged or wrapped bitcoin tokens worth more than $21.3 billion across several blockchains. Ten different bitcoin-pegged projects exist today and the project Wrapped Bitcoin dominates 59.66% of all...
Bitcoin and Ethereum Turn Red, Altcoins Extend Losses
28.12.2021
Bitcoin price started a fresh decline from well above USD 51,000. BTC settled below USD 50,000 and showing bearish signs. It is currently (15:17 UTC) trading near USD USD 49,00 and there is a risk of a sharper decline.
Similarly, most major altcoins are gaining bearish momentum. ETH traded...
Ethereum whales dumping ETH as price slides below $4K, data shows
28.12.2021
The number of Ethereum addresses that hold at least 1,000 ETH dropped to its four-year low this week
Ethereum Hashrate Taps Record-Setting 1 Petahash as ETH’s Mining Profitability Remains High
28.12.2021
20 days ago, Ethereum’s network participants upgraded the protocol and implemented the Arrow Glacier upgrade. The move delayed Ethereum’s “Ice Age” proof-of-stake (PoS) transition for another six months and this week, the network’s hashrate tapped all-time highs....
Bitcoin and Ethereum Fail Again, Altcoins Trim Gains
28.12.2021
Bitcoin price tried to gain strength above the USD 51,800 resistance. However, BTC failed to continue higher and formed a short-term top near USD 52,000. It started a fresh decline and is currently (04:50 UTC) trading near USD 49,000.
Similarly, most major altcoins are also moving lower....
This Year’s Top 10 Crypto Asset Gainers Outshined BTC’s and ETH’s 12-Month Returns
27.12.2021
Digital currencies had a phenomenal 2021 as the crypto economy surged past a couple of trillion dollars in value this year. Over the last 12 months, bitcoin gained more than 90% in value and ethereum spike more than 540%. However, while those gains are decent, numerous digital assets outperformed...
Price analysis 12/27: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE
27.12.2021
Bitcoin and most major altcoins have risen from their respective support levels, indicating an improving sentiment
Study Shows Market Share of Altcoins Surged Threefold Since 2014
27.12.2021
This week, bitcoin’s market dominance among the market capitalization of all 12,046 crypto assets in existence has been hovering above 38%, while ethereum’s overall valuation commands 19% dominance. A report published on Monday shows that since 2014, the market share of altcoins...
Bitcoin and Ethereum Consolidate Below Hurdles, ADA Surges
27.12.2021
Bitcoin price settled above the USD 50,000 level. BTC is currently (11:51 UTC) facing a strong resistance near the USD 51,200 and USD 51,500 levels. A close above USD 51,500 is needed for a sustained upward move.
Similarly, most major altcoins are trading below hurdles. ETH is stuck below the...
Bitcoin and Ethereum Target Additional Gains, Altcoins Rally
27.12.2021
Bitcoin price corrected lower from the USD 51,500 zone. BTC tested the USD 50,000 zone and is currently (04:56 UTC) trading around USD 51,000 again. A clear move above USD 51,500 may possibly push the price towards the USD 53,000 level.
Similarly, most major altcoins are also rising. ETH could...
Bitcoin slips under $50K amid warning 'new player' Binance whale is pressuring BTC price
26.12.2021
What appears to be a "new player" starts flipping $50,000 to resistance after some brief Christmas cheer for Bitcoin bulls
Ethereum Gas Fees Are Currently 62% Cheaper Than Last Month
26.12.2021
Since November 9, 2021, or 46 days ago, transaction fees on the Ethereum network have been cut by more than half the rate they were on that day. At the time, the average fee to move ethereum was $62.84 per transfer and since then, the fees have dropped 62.85% to $23.34 per transaction. From...
Crypto Mixing Tools Tornado.cash and Cashfusion Obscure More Than $8 Billion in Transactions
25.12.2021
While blockchain monitoring has increased a great deal during the last few years, cryptocurrency mixers have seen significant use from those who don’t want their financial transactions tracked. Meanwhile, two mixing applications, Tornado.cash and Cashfusion, have helped crypto owners make...
Tesla CEO Elon Musk Reveals Why He’s Pro Dogecoin Amid Debate Over Web3, Ethereum, Decentralization
25.12.2021
Tesla and Spacex CEO Elon Musk has explained why he’s pro dogecoin as the debate over web3, Ethereum, and decentralization intensifies. In the same conversation, former Twitter CEO Jack Dorsey insisted that he is not anti-ETH. “I’m anti-centralized, VC-owned, single point...
Price analysis 12/24: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE
24.12.2021
Bitcoin and most major altcoins have broken above their immediate resistance levels, increasing the possibility of a short-term rally
Bitcoin and Ethereum Show Bullish Signs, Altcoins Rally
24.12.2021
Bitcoin price gained pace for a move above the USD 50,000 level. BTC even surpassed the USD 50,500 level and currently (11:30 UTC) showing positive signs. An upside break above USD 51,200 could spark a fresh rally in the near term.
Similarly, most major altcoins are slowly gaining momentum....
Bitcoin Jumps Above USD 51K, Ethereum Hits USD 4,100, ADA & LUNA Rally
24.12.2021
Bitcoin price formed a base and accelerated above USD 48,500. BTC bulls pushed the price above the USD 51,000 zone. It is currently (04:18 UTC) up 5% and there could be a minor downside correction.
Similarly, most major altcoins are also rising. ETH increased 3%, is back above USD 4,000...