Increased Bitcoin ETF Adoption Propels BTC Dominance To Highest Level Since 2021

Increased Bitcoin ETF Adoption Propels BTC Dominance To Highest Level Since 2021

[ad_1] Bitcoin’s dominance within the cryptocurrency market has reached a three-year high, signaling strong demand for US spot Bitcoin ETF holding the largest digital asset and a challenging period for smaller tokens. Bitcoin accounted for nearly 55% of the $2.4 trillion digital asset market at the end of last week, a level not seen since … Read more

Ether, Altcoins Remain Under Pressure Following Volatile Weekend

Ether, Altcoins Remain Under Pressure Following Volatile Weekend

[ad_1] Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, … Read more

Dogecoin Whales Send 800 Million DOGE To Exchanges, Dump Incoming?

Dogecoin Whales Send 800 Million DOGE To Exchanges, Dump Incoming?

[ad_1] Dogecoin has been one of the best performers over the past year, consistently holding up gains even through market dumps. However, after the meme coin’s rally in March and then the subsequent dump in April, it looks like investors, especially whales, are finally getting ready to start taking profit. This is evidenced by a … Read more

Bitcoin Rebounds After Nearing Cost Basis Of Short-Term Whales

Bitcoin Rebounds After Nearing Cost Basis Of Short-Term Whales

[ad_1] Bitcoin has found a rebound back above the $66,000 mark following a drop towards the on-chain cost basis of the short-term holder whales. Bitcoin Drawdown Had Nearly Put Short-Term Whales Under Pressure As pointed out by an analyst in a CryptoQuant Quicktake post, BTC’s price had neared the Realized Price of the short-term holder … Read more