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3232After the Terra LUNA Fallout, Bitcoin Dominance Climbs Higher While Ethereum’s Valuation Shrinks
https://www.digit.info/after-the-terra-luna-fallout-bitcoin-dominance-climbs-higher-while-ethereums-valuation-shrinks/
Fri, 27 May 2022 14:00:01 +0000https://www.digit.info/2022/05/27/after-the-terra-luna-fallout-bitcoin-dominance-climbs-higher-while-ethereums-valuation-shrinks/Read more]]>Following the Terra LUNA and UST fallout, digital currency markets have dropped in value as the crypto economy dropped 6.93% from $1.356 trillion on May 22, to today’s $1.262 trillion. Amid the market carnage, bitcoin’s market dominance has increased to 43.8%, reaching the highest value since October 30, 2021. Moreover, ethereum’s market dominance has slid […]
]]>Guggenheim Investments’ Scott Minerd Says There Is Insufficient Institutional Support to Sustain BTC Prices Above $30K
https://www.digit.info/guggenheim-investments-scott-minerd-says-there-is-insufficient-institutional-support-to-sustain-btc-prices-above-30k/
Fri, 29 Jan 2021 21:30:47 +0000https://www.digit.info/2021/01/29/guggenheim-investments-scott-minerd-says-there-is-insufficient-institutional-support-to-sustain-btc-prices-above-30k/Read more]]>As bitcoin struggles to kickstart yet another record-breaking rally, Scott Minerd, the CIO at Guggenheim Investments says this could be down to the inadequate institutional support. According to Minerd’s assessment, this lack of sufficient institutional investor support means it will be hard for bitcoin to trade above $30,000. The CIO, however, thinks the viability of […]