Bitcoin’s market dominance has continued to fall, bottoming out below 40% this week. That’s very close to the all-time low of 36.7% in Jan 2018 according to data from Tradingview. Bitcoin (BTC) market dominance refers to the ratio between BTC’s market cap and the total crypto market cap. It’s not the first time dominance has …
Category archives: Trending Crypto news
Raoul Pal believes institutions have finished taking profits as year winds up
Real Vision CEO Raoul Pal believes the recent volatility in the Bitcoin price is due to institutions selling to help shore up their end-of-year profits, The perennial Bitcoin (BTC) bull told Vlad from The Stakeborg Talks in a Dec. 27 interview that he believes the market is currently lopsided due to the effect of institutions. …
Continue reading “Raoul Pal believes institutions have finished taking profits as year winds up”
Pomp tells CNBC there’s no need to apologize for Bitcoin’s energy use
Bitcoin influencer and podcaster Anthony “Pomp” Pompliano said that there is no need to “apologize” for Bitcoin’s energy use, because “crucial things in the world use energy.” He made the comments in a Dec 27 interview on CNBC’s morning news and talk program, “Squawk Box” with Joe Kernen. During the interview, he claimed that many …
Continue reading “Pomp tells CNBC there’s no need to apologize for Bitcoin’s energy use”
What DAOs Can Do: Social Movement Or Playground? Rethinking 2021 – Pt. I
Will 2022 be the year of DAOs? 2021 was certainly a blazing start. The blockchain-related explosive and disruptive innovations seem to come from a shared ontological hunger: that deeper side of the human being that urges us to fill in the void that makes us so different from other animals species. Spoiler alert: the void …
Continue reading “What DAOs Can Do: Social Movement Or Playground? Rethinking 2021 – Pt. I”
Bullish Signal? Ethereum Market Dominance Sitting Above 20%
In the last five years, Ethereum has not only taken a significant market share from bitcoin, but it has consistently grown in the same time period. While bitcoin had maintained the majority of the market dominance for the longest time, it has not taken altcoins a long time to come for the majority share. In …
Continue reading “Bullish Signal? Ethereum Market Dominance Sitting Above 20%”
Covesting Highlights Increased Utility of COV token in 2022 Roadmap
Covesting, a European licensed DLT services provider and B2B software developer, has further highlighted the functionality and of its COV token in a new 2022 roadmap that further spells out more utility for the token. After successful launch of its peer-to-peer copy trading module on PrimeXBT earlier in the year Covesting went on to launch …
Continue reading “Covesting Highlights Increased Utility of COV token in 2022 Roadmap”
DOGE Plunges 9% As Creator Reveals How Much He Holds In This Cryptocurrency
Billy Markus, creator of popular cryptocurrency Dogecoin (DOGE) has disclosed his holding in this cryptocurrency. Via his Twitter account under the user Shibetoshi Nakamoto, Markus addressed his role on the project and replied to questions made by other users. Related Reading | Tesla To Accept Dogecoin For Merchandise, Token Soars 30% Markus and Jackson Palmer …
Continue reading “DOGE Plunges 9% As Creator Reveals How Much He Holds In This Cryptocurrency”
Bitcoin Bearish Signal: Trend Is Again Shifting From Outflows To Inflows
On-chain data shows Bitcoin netflow trend is once again shifting from outflows to inflows, a sign that could prove to be bearish for the crypto. Bitcoin Netflow Trend Is Changing To Inflows From Outflows As per the latest weekly report from Glassnode, BTC netflows have once again started to move from a trend of net …
Continue reading “Bitcoin Bearish Signal: Trend Is Again Shifting From Outflows To Inflows”
ASIC reveals how it infiltrated crypto ‘pump and dump’ Telegram groups
The Australian Securities and Investments Commission (ASIC) has revealed the details of how it took down crypto “pump and dump” Telegram groups back in October. A pump and dump scheme typically involves using social media to coordinate users to buy large amounts of a thinly traded token to artificially inflate its price. They then cash …
Continue reading “ASIC reveals how it infiltrated crypto ‘pump and dump’ Telegram groups”
Coin Bureau Bullish on Two Large-Cap Altcoins, Issues Warning on Fantom (FTM) and Near Protocol (NEAR)
The host of popular crypto channel Coin Bureau says he’s bullish on two large-cap altcoins, adding that two others may need to see corrections before further rallies. In a new video, the analyst known as Guy says he’s watching smart contract platform Fantom (FTM). While he’s bullish on the altcoin, its relative strength index (RSI) …
Decentralized Finance Won’t Substitute Traditional Financial System, According to S&P Global Report
Decentralized finance (DeFi) will continue to complement the traditional finance system rather than supplant it in 2022, says a report by financial information and analytics provider S&P Global. According to the firm’s Global Credit Outlook for 2022, the traditional finance sector will need to innovate and invest to remain relevant in the coming twelve months. …
Korean government tells Apple and Google stores to take down P2E games
The South Korean government has moved to block the release of new play to earn (P2E) games and requested that existing ones be removed from Google Play and Apple’s App Store. P2E gaming has become popular in the cryptocurrency industry. Gamers typically must first purchase game pieces as non fungible tokens in order to play …
Continue reading “Korean government tells Apple and Google stores to take down P2E games”
Investment Veteran Tom Lee Makes Massive 2022 Bitcoin Prediction – Here’s His Target
Fundstrat Global Advisors’ managing partner Tom Lee is disappointed with the end-year performance of Bitcoin (BTC) in 2021 but still thinks the leading crypto asset could soar to new heights in 2022. In an interview with trading education platform MarketRebellion, Lee says that with Bitcoin surviving multiple hardships in 2021, BTC may only have clear …
Avalanche-Based Altcoin Jumps After Getting Surprise Support from Crypto Exchange Binance
The native token for a decentralized exchange (DEX) built on Avalanche spiked in price after being listed on crypto giant Binance. In a new announcement, Binance says that the native governance token of TraderJoe (JOE), an automated market maker DEX, will now be available for trading. The news sent the altcoin’s price vertical, leaping 20 …
Ethereum Challenger Primed for Huge Breakout as One Under-the-Radar Altcoin Gears Up for Rally, According to Popular Crypto Analyst
A popular crypto strategist and trader is saying that one Ethereum rival is poised for a breakout and one little-known altcoin is positioning for a rally. Pseudonymous crypto analyst Smart Contracter tells his 198,400 Twitter followers that he’s keeping an eye on Solana (SOL), a blockchain focused on being scalable while remaining secure and decentralized. …