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Bitcoin’s Dominance Index has slid 10% from a high of 67% on May 10, to a low of 57% today. Despite the defi market shakeout, ethereum still captures 10% of the aggregate market capitalization of $330 billion. There’s been a number of changes in the top ten line up of coins, as bitcoin (BTC) has […]
The post Bitcoin Dominance Slides Losing 10% in the Last 100 Days appeared first on Bitcoin News.
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The cryptocurrency economy slid significantly on Thursday afternoon (ET), as the aggregate market cap of all the crypto coins shaved more than 10% during yesterday’s trading sessions. More than 12 hours later, a number of the top crypto assets are still down in value between 4-12%, and some digital coins saw even bigger losses during […]
The post Market Update: Blood in the Crypto Streets, Bitcoin Miner Dumps, CME Gap, Defi Doldrums appeared first on Bitcoin News.
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Data now shows that the aggregate market valuation for all the ERC20 tokens in existence has surpassed the market capitalization of Ethereum’s native coins. According to data, the net worth of the ERC20 token ecosystem is roughly $2.5 billion larger than the $26.7 billion Ethereum valuation. The cryptocurrency community has been discussing the aggregate market […]
The post Aggregate ERC20 Market Cap Outpaces Valuation of ETH in Circulation by $2 Billion appeared first on Bitcoin News.
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The cryptocurrency bitcoin is trading at an all-time high relative to its social activity, explains the crypto research firm Tie. The analysts at Tie believe the ratio indicates that bitcoin is being driven by institutional trading. Meanwhile, statistics from Google Trends shows the terms “bitcoin” and “buy bitcoin” dropped from the 100 point highs to […]
The post Bitcoin’s Rise Driven by Institutional Trading, Says Research and Investor Sentiment appeared first on Bitcoin News.
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There is a lot of momentum taking place within the cryptocurrency space these days. Bitcoin’s price momentum over the past few days has been interesting to watch, as it benefits the entire cryptocurrency industry. The year 2020 has been a bit of a mixed bag for Bitcoin and all other cryptocurrencies. Cryptocurrency Market cap Recovers Slowly Despite initial promising price momentum, the markets crashed during the coronavirus crisis. This week, it appeared that the dip had finally been overcome, although some of the bullish momentum has eroded once again. Bitcoin, for example, peaked at $9,388, yet now trades $600 lower
The post Bitcoin Rally Halts as Quickly as it Started appeared first on The Merkle News.
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Digital currency markets have been rising again as the entire market capitalization of all 5,000+ coins has jumped above the $200 billion mark. The increase in crypto trade volume and coin values has followed alongside the recovery traditional equity markets saw on Monday. On Tuesday, most of the digital assets in the top ten are […]
The post Market Update: Traders ‘Buck the Trend’ Pushing Crypto Market Cap Above $200 Billion appeared first on Bitcoin News.
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Why do certain altcoins moon? It’s a question that all crypto holders have pondered at some stage while enviously eyeing the ascent of a token that wasn’t even on their radar, let alone their portfolio. If the performance of obscure tokens in a bull market is discombobulating, how to explain such breakouts in a deep […]
The post While the Crypto Market Was Hemorrhaging Value, These Tokens Mooned appeared first on Bitcoin News.
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Should you buy bitcoin or bitcoin cash? Does tezos have further room to grow? Is monero a long-term hold? There are no absolute answers to these questions and no crystal ball to determine which crypto will pull a 5x before the year’s out. Based on fundamentals alone, however, here are some reasons why you might […]
The post The Bull and Bear Case for Investing in the Top 20 Cryptocurrencies appeared first on Bitcoin News.
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Cryptocurrency markets have been climbing higher in value as coins like BTC have gained over 19% during the last 90 days. However, many other digital assets have seen much larger gains and BTC dominance has been sliding downwards consecutively for the last 14 days. Also Read: Craig Wright’s $100B Theft Claim – BTC and BCH […]
The post BTC’s Market Share Drops Consecutively for 14 Days – Dominance Ratio Slides to 60% appeared first on Bitcoin News.
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The Shenzhen Stock Exchange has launched a blockchain index comprising 50 of the largest publicly listed companies with blockchain ventures by market capitalization. Blockchain-related stocks in China have been gaining value since President Xi Jinping openly advocated for the technology. Also read: Regulatory Roundup – New US Crypto Bill, France’s 1st Approved ICO, Muslim Crypto […]
The post Shenzhen Stock Exchange Launches Index of Top 50 Blockchain Public Companies appeared first on Bitcoin News.
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