Dominance

Bitcoin Dominance Climbs, But Broken Support Could Lead to $8,000 (beincrypto.com) 02/26/2020 - 10:10am
Cryptocurrency markets have accelerated losses this morning. Bitcoin has fallen through a key support level but its market dominance is climbing again as altcoins get eaten alive. Digital asset markets have continued their declines this week with a further $16 billion being dumped over the past 24 hours. Altcoins are being hit hard as predicted...
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Coronavirus And Bitcoin: COVID-19 Reportedly Threats BTC (cryptogazette.com) 02/26/2020 - 3:22am
Bitcoin is far from $10k again despite the fact that crypto enthusiasts were patiently waiting to see the coin surpassing the psychological level once again. BTC is trading around $9,200 today, and more crypto experts expect that the coin's price will fall even more ahead of the halving process which is scheduled for May. Is this the beginning of...
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Ethereum [ETH] In Trouble? Analyst Warns Altcoins Could Plunge Further (coingape.com) 02/25/2020 - 1:02pm
The crypto market has been all red. This has been the trend for the last couple of days. Although the drop has been moderate, most digital assets are trading just above key supports and are at risk of an extended plunge. One prominent analyst believes that the worst isn’t over and a couple of coins will see a further drop before finding meaningful...
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Bitcoin (BTC) Price Analysis: BTC Broke Support Level Of $9600 Indicating Further Downfall  (cryptosyringe.com) 02/25/2020 - 10:18am
BTC broke the support level of $9600 and gone to the level of $9535. The break of the support level may indicate that further downfall. However, BTC has managed to surpass $9600 currently with -1.72% overall loss. The bearish momentum continues for BTC in today’s market. BTC started with a price of $9613.23 and went below the support level of $...
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Second Day of Seller Domination (fxstreet.com) 02/25/2020 - 2:07am
This drop has brought the Bitcoin dominance to $63.36%, as the overall market dropped harder than BTC. Warren Buffet said in an interview on CNBC that he will never own any cryptocurrency.
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CoolBitX raises $16.75M Series B to help crypto exchanges comply with FATF’s ‘travel rule’ (theblockcrypto.com) 02/25/2020 - 1:00am
Asian blockchain security startup CoolBitX has raised $16.75 million in a Series B funding round from notable investors. The round was led by Japanese financial services giant SBI Holdings, with participation from Monex Group, Korean crypto exchange BitSonic and Taiwanese government's National Development Fund. With the fresh capital in place,...
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Bitcoin Dominance Rises to 64%, Analysts Mark Support Levels for Altcoin Bulls (coingape.com) 02/25/2020 - 12:22am
Bitcoin’s dominance rises back to 64.1% as the bears have started to return to crypto markets. It logged a swing low of around 61.9% on 10th February, as Ethereum, Tezos, Link and other altcoins recorded hefty gains, even w.r.t. BTC. As reported earlier on CoinGape, due to the higher systematic risk of altcoins w.r.t. Bitcoin, altcoin investors...
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Caitlin Long Targets $300 Billion Asset Class, Introduces Crypto Bank With First-Ever Bitcoin Products in the US (dailyhodl.com) 02/24/2020 - 3:04pm
A full-reserve custody bank for cryptocurrencies is underway. Caitlin Long, who drafted Wyoming’s blockchain and crypto-friendly legislation to support entrepreneurs in the space, has introduced Avanti, a new US bank serving the digital asset industry through a suite of products and services not currently available in US dollar markets. The...
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Are other cryptocurrencies making a comeback? (dhakatribune.com) 02/24/2020 - 7:59am
This is still fairly small compared with bitcoin’s $178bn market cap, but clearly the gap has been narrowing. Cryptocurrency aficionados compare bitcoin and the altcoins in terms of bitcoin dominance.
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Facebook (FB) Stock Goes 2% Down on Friday but It Still Looks Viable in Long Term (coinspeaker.com) 02/24/2020 - 7:47am
Coinspeaker Facebook (FB) Stock Goes 2% Down on Friday but It Still Looks Viable in Long Term Facebook Inc. (NASDAQ: FB) stock lost 2% on Friday. Some experts believe that the dip in stock price came as a result of Fakebook’s recent earnings report . However, it’s worth mentioning that there has enough time gone since the moment of publication...
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Cryptocurrencies Price Analysis: Tezos, ICON, Ethereum Classic, NEO, EOS (cryptosyringe.com) 02/24/2020 - 6:58am
The crypto market is on a negative downtrend today. However, the magnitude of downfall is not that much which can lead to major price corrections. BTC remains above the support level of $9700 as well as ETH with the support level of $260. The overall market capitalization is of $282,409,462,817 with the 24H volume traded of $141,541,546,466. The...
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Analysts Eye Pullback as Bitcoin Rejects $10k Again, Will BTC Dump? (bitcoinist.com) 02/24/2020 - 2:00am
Weekend trading on bitcoin markets has been profitable with another sustained move higher. Early trading on Monday however tells a different story as $10k was rejected again, analysts are now eyeing another pullback. Crypto markets were lifted over the weekend with another $10 billion added to take total capitalization back to $290 billion. Over...
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Bitcoin Dominance May Suggest a Massive Altcoin Selloff is Inbound - Ethereum World News (ethereumworldnews.com) 02/23/2020 - 2:27pm
Bitcoin Dominance May Suggest a Massive Altcoin Selloff is Inbound Ethereum World News
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Bitcoin Dominance May Suggest a Massive Altcoin Selloff is Inbound (ethereumworldnews.com) 02/23/2020 - 2:27pm
Bitcoin and the aggregated cryptocurrency market have incurred some notable upwards momentum overnight, allowing many altcoins to surge and put some significant distance between their recent lows. This momentum, however, may be short-lived as analysts closely watch to see how Bitcoin’s dominance over the market reacts to a key level, as a bounce...
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Finance Sector Concerned Over the Increasing Dominance of Cryptocurrency - Inside Bitcoins (insidebitcoins.com) 02/23/2020 - 9:47am
Finance Sector Concerned Over the Increasing Dominance of Cryptocurrency Inside Bitcoins
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Finance Sector Concerned Over the Increasing Dominance of Cryptocurrency (insidebitcoins.com) 02/23/2020 - 9:46am
Cryptocurrencies and Bitcoin are barely a decade old. But they have already had a significant impact on the world of finance. When Facebook announced that it will float its own digital currency Libra, it was another sound reminder that the world is about witnessing a major shift in paradigm in the finance sector. Now a prominent figure in the...
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Here’s Why Ethereum Could Soon Continue Surge Higher Against Bitcoin (ethereumworldnews.com) 02/22/2020 - 7:35pm
Ethereum , despite what some readers may think, did not see a positive 2019. In fact, the cryptocurrency plummeted, actually registering a yearly loss in 2019, dramatically underperforming Bitcoin’s gains of nearly 100%. This meant that the market for ETH/BTC fell off a cliff, with the price of one Ether falling as low as 0.016 BTC — the lowest...
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Bitcoin Cash Price Prediction: BCH/USD Smashes Through $375 Level to Test the Support Zone   (insidebitcoins.com) 02/22/2020 - 5:42pm
BCH Price Prediction – February 22 BCH/USD is seen to be caught between the bull and the bear, while the price of the cryptocurrency fluctuates. BCH/USD Market Key Levels: Resistance levels: $450, $2470, $490 Support levels: $302, $282, $262 BCHUSD – Daily Chart Looking at the daily chart, BCH/USD could no longer defend the support level of $380...
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Peter Thiel-Backed Startup Begins Mining Bitcoin In US To Counter Chinese Dominance (finance.yahoo.com) 02/22/2020 - 1:35pm
Bitcoin mining startup Layer1 Technologies has started operations at its West Texas factory, it announced Wednesday. What Happened Layer1 said that multiple 2.5-megawatt containers are fully ...
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Can the Total Crypto Market Cap Hit $10 trillion by 2023? (icocalendar.today/blockchain-news/can-the-total-crypto-market-cap-hit-10-trillion-by-2023) 02/22/2020 - 10:41am
Popular YouTube crypto analyst, Benjamin Cowen, has been considering the logarithmic regression band for the total cryptocurrency market cap in his latest video, and based on his analysis, thinks that the total digital asset market cap could hit $10 trillion during the next bull run. What’s A Logarithmic Regression Band? While it may sound like AI...
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Can the Total Crypto Market Cap Hit $10 trillion by 2023? (bitcoinist.com) 02/22/2020 - 10:35am
Popular YouTube crypto analyst, Benjamin Cowen, has been considering the logarithmic regression band for the total cryptocurrency market cap in his latest video, and based on his analysis, thinks that the total digital asset market cap could hit $10 trillion during the next bull run. What’s A Logarithmic Regression Band? While it may sound like AI...
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Bitcoin Dominance 6-Month Low Doesn’t Mean Price Is ‘Ultra-Bearish’ (bitcoin.worldnewsoffice.com) 02/22/2020 - 9:01am
Bitcoin can even drop to $8,800 and remain a bullish play, one analyst thinks
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Bitcoin Dominance 6-Month Low Doesn’t Mean Price Is ‘Ultra-Bearish’ - Cointelegraph (cointelegraph.com) 02/22/2020 - 8:44am
Bitcoin Dominance 6-Month Low Doesn’t Mean Price Is ‘Ultra-Bearish’ Cointelegraph
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Bitcoin Dominance 6-Month Low Doesn’t Mean Price Is ‘Ultra-Bearish’ (cointelegraph.com) 02/22/2020 - 8:44am
Bitcoin can even drop to $8,800 and remain a bullish play, one analyst thinks
Bitcoin, Cointelegraph, CoinTelegraph.com, cointelegraph.com, Dominance
MicroBT Chews on a Segment of Bitmain’s Market Share Threatening A Takeover (e-cryptonews.com) 02/21/2020 - 8:11am
MicroBT , a bitcoin mining unit manufacturer has steadily expanded its market share by selling at least 500,000 units in 2019. As the manufacturer increases its production, it is simultaneously chipping away at Bitmain’s dominance. The latest reports reveal that MicroBT sold almost 600,000 units of its WhatsMiner M20 series last year. Speaking in...
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Peter Thiel Funded Layer1 Officially Opens Its West Texas Facility  (insidebitcoins.com) 02/21/2020 - 2:36am
Layer1 Technologies, a San Francisco-based cryptocurrency mining firm, has fully begun operating in its West Texas facility. The firm, which made its plans for the mining facility known late last year, is now on the fast track to fulfilling its mission to get the United States to the very top of the Bitcoin mining hash rate charts. Hello, Texas...
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Analyzing the Recent Bitcoin Decrease and Its Effect on the Dominance Rate (beincrypto.com) 02/20/2020 - 5:28pm
The Bitcoin dominance rate has broken down below a long-term ascending support line, indicating that its two-year-long bullish trend has ended and the time has finally come for altcoins to increase at a faster rate than BTC. Bitcoin (BTC) Highlights The Bitcoin price is trading inside a short-term range between $9650 and $9150. It is trading...
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Brave Vs Google: Brave Browser Can Do This to Match Google’s Dominance (coingape.com) 02/20/2020 - 2:23pm
Brave, the blockchain-based browser with grand plans of matching and even surpassing Google’s market share, now takes issue with the behemoth’s monopolistic tendencies. It is also concerned with the centralized browser’s track record on matters privacy. Brave writes to the British CMA However, while they are trying to rope in the British...
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Past Crypto Cycle Highlights Altcoin Underperformance, But Perfect Storm is Coming (cryptosyringe.com) 02/20/2020 - 12:07pm
Although altcoins have vastly outperformed Bitcoin in recent weeks, the asset class is still trailing far behind the first-ever crypto asset when compared to past cycles. And if history repeats, Bitcoin is likely to trade sideways over the next few months, making for the perfect environment for altcoins to shine and steal the limelight once again...
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Brazil’s central bank to launch instant, QR code-enabled payments system this year (theblockcrypto.com) 02/20/2020 - 11:55am
The central bank of Brazil is set to roll out an instant, 24/7 payments system enabled via QR (quick response) codes. Announcing the news on Wednesday, the central bank said the system, named PIX , will be operational in November this year. It will allow users to send and receive payments instantly via cell phone. “PIX will make it faster and...
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Tether Bails on TRON, Converts 300M USDT to Ethereum (beincrypto.com) 02/20/2020 - 11:12am
Less than a year after first issuing its stablecoin on the TRON blockchain, it looks like Tether is starting to bail on the network. The stablecoin company announced it has converted $300M dollars worth of the cryptocurrency back to the Ethereum network earlier today. Tether first started issuing USDT on TRON in mid-April 2019. As BeInCrypto...
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Bitcoin Miner Aims to Decentralize the Network by Launching a Farm in the USA With 30% of the Hash Rate (bitcoinnews.com) 02/20/2020 - 10:43am
Bitcoin mining firm Layer 1 Technologies aims to ensure that China does not have centralized control of the Bitcoin network Bitcoin mining firm Layer 1 Technologies has launched its mining operation in a west Texas facility, following a USD 50 million investment round from Thiel, Shasta Ventures, and Digital Currency Group. The ultimate goal of...
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Will XRP Price Increase Before Possible Ripple IPO in 2020? (coinspeaker.com) 02/20/2020 - 7:58am
Coinspeaker Will XRP Price Increase Before Possible Ripple IPO in 2020? The current XRP price is moving down because of the overall market uncertainty and even conspiracy theories. With the rumors about Ripple IPO this year, analysts argue over its possible price fall.Ripple was making partnerships with companies like MoneyGram, to showcase the...
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The U.S. Feels Threatened by Bitcoin and is Looking to Find How Bad it Could Be (7bitcoins.com) 02/20/2020 - 6:11am
With bitcoin growing popularity, decentralization, cryptocurrencies, blockchain, Chinas narrative to launch the digital Yuan and Facebook exploring to launch Libra —the U.S. is scared for losing the power they have with the dollar dominance. A year ago, U.S. President Donald Trump bashed bitcoin on Twitter as money created from “ thin air ”. Also...
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Cardano ADA News Today – Top Headline Cardano ADA, February 20th, 2020 (smartereum.com) 02/20/2020 - 4:32am
Cardano Ouroboros set for deployment Cardano ADA declines with 10% in a recent sell-off Cardano News Update – The launch of the Cardano Shelley mainnet may dare the dominance of Ethereum 2.0 as the most projected release of 2020. The mainnet is currently a step closer to realization. Confirming the news of the release of the Ouroboros Byzantine...
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US a Major Bitcoin Miner Again; How Layer1’s Launch is Bullish for BTC (cryptosyringe.com) 02/20/2020 - 4:31am
The Texas Bitcoin mining facility by Layer1 has gone live for the first time today. The all-in-house US Bitcoin mining initiative is seeking to address Chinese dominance of the cryptocurrency’s mining activity. Layer1 is hoping to expand rapidly from this initial launch. By the end of 2021, it plans to command as much as 30 percent of the current...
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Peter Thiel-Backed Startup Begins Mining Bitcoin In US To Counter Chinese Dominance (msn.com) 02/19/2020 - 8:56pm
Bitcoin mining startup Layer1 Technologies has started operations at its West Texas factory, it announced Wednesday. What Happened Layer1 said that multiple 2.5-megawatt containers are fully ...
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Peter Thiel-Backed Startup Begins Mining Bitcoin In US To Counter Chinese Dominance (benzinga.com) 02/19/2020 - 6:46pm
Bitcoin mining startup Layer1 Technologies has started operations at its West Texas factory, it announced Wednesday. What Happened Layer1 said that multiple ...
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Fresh Money Enters Cryptocurrency Market as $10M USDC Is Minted (beincrypto.com) 02/19/2020 - 6:32pm
USDC Treasury is minting another 10,000,000 USDC as Bitcoin (BTC) continues to hold the $10,000 price level. The second-largest stablecoin is expanding its circulating supply further as it injects another 10,000,000 USDC into the cryptocurrency. The $10M boost might bring the market relief after bleeding most of the gains seen earlier today. Whale...
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BitMEX Funding Rate on Ether [ETH] and XRP Higher than Bitcoin – Will Altseason Continue? (coingape.com) 02/19/2020 - 12:13am
Bitcoin [BTC] is leading the crypto markets as the break above $10,000 sets in altcoins gains again as well. Moreover, Ethereum has been particularly bullish since the beginning of this year. On BitMEX, the funding rate on Ethereum and XRP is comparitively higher than Bitcoin [BTC]. This might be due to the fact that in a crypto market, the...
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Bitcoin Price Returns Above $10K, Here’s Why (bitcoinist.com) 02/18/2020 - 7:30pm
Bitcoin’s recent golden cross on the daily chart may have driven bullish enthusiasm for the leading crypto to reach a tipping point. With the upcoming halving, many investors are buying up sub 10K BTC in preparation of the supply-side shock. Golden cross has traders seeing visions of green candles After May, when Bitcoin’s upcoming halving takes...
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Nvidia On The Way To Dominance In Tomorrow's AI-Centric World (seekingalpha.com) 02/18/2020 - 10:05am
This is near the price at which its seemingly inexorable bull market peaked in 2018 before the data center market cooled. At the same time, NVDA's chip sales related to the cryptocurrency boom ...
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Ethereum Creator Vitalik Buterin Positive About ETH 2.0 Upgrade (blockonomi.com) 02/18/2020 - 8:52am
While almost all eyes have been on Bitcoin over the past year as its market dominance has swelled, Ethereum has been taking some of the limelight as of late. Mostly, this shift in narrative from being Bitcoin-centric to one more focus on Ethereum and other altcoins has been due to ETH’s extremely strong price performance , with it rallying by over...
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