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The crypto economy has dropped significantly in value during the last few days tapping a low of $2.06 trillion on Monday. Additionally, the leading crypto asset bitcoin has seen its market dominance drop to 40% of the crypto economy’s overall valuation. Bitcoin’s dominance index hasn’t been this low since June 2018. Bitcoin Dominance Drops to … Read more
Bitcoin and a slew of digital currency markets are seeing significant losses on Sunday as a majority of coins are down between 2-15% during the last 24 hours. The entire crypto-economy has dropped more than 6% and bitcoin dominance is down to 40% the lowest the metric has been in two years. Crypto Markets Face … Read more
Ethereum puts in two USD all-time highs in a day, but in BTC terms, it still has a long way to go. Go to Source Powered by WPeMatico
Glassnode asserts that Bitcoin investors have been converting BTC into Ether during May. Go to Source Powered by WPeMatico
The price of ethereum, the second-largest crypto asset in terms of market valuation, touched an all-time high (ATH) on Monday, capturing $4,246 per unit. Ethereum has been on a tear during the last year against the U.S. dollar, gaining a whopping 2,129% in 12 months. Ethereum Captures Fresh Price Highs, ‘Flippening’ Begins to Trend Ethereum … Read more
Funds are ready on exchanges as existing whale behavior suggests that $52,000 is now the floor for Bitcoin. Go to Source Powered by WPeMatico
One of Africa’s biggest wildlife conservancies, the Virunga National Park, which is situated in the Democratic Republic of Congo (DRC), says it now accepts donations via cryptocurrency. It says such donations will be used in helping to protect DRC’s famed “mountain gorillas and the ecosystems they inhabit.” Tax Efficient Way to Support Virunga In a … Read more
Investment management firm Ark Invest has highlighted three reasons why the price of ethereum has been hitting record highs. The firm cited increased institutional interest, strong on-chain signals, and imminent protocol upgrades as the key reasons. Why Ethereum Has Been Going Up ARK Investment Management, also known as Ark Invest, published a research note last … Read more
Bitcoin bulls face off with altcoins after the largest cryptocurrency’s latest rejection at $60,000 resistance. Go to Source Powered by WPeMatico
The second-largest digital asset doesn’t look to be stopping its meteoric rise anytime soon. Go to Source Powered by WPeMatico