Bookmarking Crypto Insights
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Over the last 100 days or roughly three months, bitcoin’s market dominance among 21,958 different crypto assets worth roughly $850 billion has been under 40%. Bitcoin dominance has been under 40% since Aug. 27, 2022, with a brief instance of rising above the 40% range 52 days ago, on Oct. 15. Bitcoin’s Market Superiority Lost … Read more
Bitcoin was consolidating on Wednesday, as the U.S. dollar continued to strengthen versus several G7 currencies. A strong dollar means demand for cryptocurrencies typically plummets, with the global market cap trading in the red as of writing. Ethereum was also lower today, falling as it remained below $1,300. Bitcoin Bitcoin (BTC) continued to consolidate in … Read more
Bitcoin fails to hold $17,000 as BTC price correlation with Asia stocks stands out on the day. Go to Source Powered by WPeMatico
On Tuesday, the hardware wallet manufacturer Ledger announced the launch of a new device called Ledger Stax. The machine was designed by iPod creator, Tony Fadell, and the France-based firm Ledger says the new device was built with “uncompromisingly secure architecture.” iPod Creator Tony Fadell Partners With Ledger to Launch a New Crypto Hardware Wallet … Read more
Senator Elizabeth Warren’s bill seeks to hand control to the SEC, imposing new obligations on centralized crypto firms, something Jeffrey Sprecher thinks will be good for crypto. Go to Source Powered by WPeMatico
BTC price action is suffering from FTX, but decentralized blockchains are “as strong as ever,” says ARK Invest. Go to Source Powered by WPeMatico
Ethereum was in the red on Tuesday, as bears reentered the market following a failed breakout of a key resistance level. Prices failed to sustain yesterday’s move above $1,300, with momentum slipping in today’s session. Bitcoin was also lower, however is trading above $17,000 as of writing. Bitcoin Bitcoin (BTC) was consolidating in today’s session, … Read more
Bitcoin mining difficulty has dropped by its biggest margin since July 2021 amid difficult conditions for miners. Go to Source Powered by WPeMatico
On-chain data shows BTC price holding its historical trend, and the 200-week moving average is a poor way to assess the Bitcoin bear market, Superswell says. Go to Source Powered by WPeMatico
Crypto markets appear to be losing some of their recent bullish momentum, but a favorable tailwind from equities markets could catalyze a breakout in Bitcoin and select altcoins. Go to Source Powered by WPeMatico