ETH/BTC pair hits YTD low as Bitcoin dominance surges
ETH/BTC hits its lowest level this year as Bitcoin soars to a new all-time high, fueling market dominance debates.
ETH/BTC hits its lowest level this year as Bitcoin soars to a new all-time high, fueling market dominance debates.
Altcoin Season Index at 35 confirms Bitcoin’s continued dominance in the crypto market. Gradual index rise hints at growing altcoin interest, yet Bitcoin still leads the market. Ethereum growth and blockchain advances may signal a potential shift toward altcoin focus. The CoinMarketCap (CMC) Altcoin Season Index registered a score of 35, indicating Bitcoin dominance over…
Fundamental analysis of cryptocurrencies is an essential starting point in making generally accepted valuation and informed investment decisions on them. Being that they are not conventional assets like stocks or bonds, there is no conventional financial statement nor cash flow metric on which an analysis can be based. In the fundamental analysis of crypto, investors…
Established Altcoins like Cardano and XRP have dominated the crypto sphere for their role in DeFi transactions and decentralization. However, a new prospect is slowly emerging that promises to disrupt the status quo: http://propichain.finance/. As the world shifts towards real-world asset (RWA) tokenization, PropiChain is poised to use cutting-edge technology to redefine property investment. With…
Dogecoin has displayed remarkable stability after its recent explosive rally, marking a 163% rise this month. Despite slight fluctuations, the meme coin’s bullish momentum remains intact. Current market signals suggest the potential for further price gains, driven by increased network activity and strong investor sentiment. Dogecoin Is Noting a Strong Growth Dogecoin’s active addresses have…
XRP surged due to market optimism fueled by Ripple’s legal battle with the SEC, with analysts speculating that a settlement could pave the way for ETFs and future growth. Despite recent price corrections, analysts maintain a long-term bullish outlook for XRP, with predictions targeting $8 to $13, driven by continued momentum and the potential for…
Spot Bitcoin exchange-traded funds in the United States recorded their third consecutive day of inflows on Nov. 20, with $773.47 million entering the funds as Bitcoin reached a new all-time high of over $97K. According to data from SoSoValue, the…
Bitcoin has been consistently hitting new all-time highs over the past two weeks. Bitcoin (BTC) is up 5.8% in the past 24 hours and is trading at an ATH of $97,750 at the time of writing. The digital gold’s market…
Crypto custodian BitGo has announced the launch of its Singaporean subsidiary following obtaining a local license from the Monetary Authority of Singapore. On Thursday, Nov. 21, crypto custody firm BitGo announced the launch of a Singapore subsidiary to provide trading…
Bitcoin experienced a up to just above $90,000 on Thursday morning, following two consecutive days of outflows from U.S. spot Bitcoin ETFs. At the time of this report, Bitcoin’s price has recovered to around $61,000, remaining stable throughout the last week but up by 4.4% for the week, according to market data. Standard Chartered emphasized…