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Bernstein analysts are not the only experts who believe Binance will remain the world’s leading crypto exchange despite the recent settlement with the US authorities. In the aftermath of Binance’s recent settlement with the United States government, industry analysts at Bernstein are confident the company will continue to maintain its position
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Bitcoin's (BTC) market dominance has traditionally been viewed as a key indicator of its market strength. Currently, the metric is at a multi-year high above 51%. Bitcoin dominance. Source: Coinmarketcap.comHowever, a closer analysis suggests that the concept of "Bitcoin dominance" might not be as informative as it seems, especially when considering
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Bitcoin’s (BTC) market dominance has reached 54%, its highest in the last 30 months, indicating the top cryptocurrency is strengthening just before the halving event scheduled for April 2024.The Bitcoin halving is an event in which the mining reward per block is halved, thus cutting the supply of the asset
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Bitcoin's [BTC] market share of all cryptocurrencies rose to a fresh 30-month high Wednesday as BTC continues to beat most altcoins or alternative cryptocurrencies. Original Source
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Crypto analyst Jaydee recently took to X (formerly Twitter), sharing another intriguing chart of XRP. The analyst presented the 2-month XRP dominance
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According to technical analysis by Fairlead Strategies, it’s likely to continue in the coming days, reversing the decline from 60% to 40% seen during the hazy crypto bull market days of March-April 2021. Investors then rotated money from the relatively expensive bitcoin into altcoins, leading to a decline in BTC's
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The Bitcoin market dominance rate, which tracks the largest cryptocurrency's share of the total digital asset market, rose to 51.2% on Tuesday, near a 26-month high of 52% reached at the end of June. The world’s largest cryptocurrency has gained 66% year to date, compared with the second largest cryptocurrency
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Bitcoin (BTC) ground higher on Oct. 10 after the start of legacy market trading saw “de-risking” take over.BTC/USD 1-hour chart. Source: TradingViewBitcoin price preserves weekly supportData from Cointelegraph Markets Pro and TradingView showed BTC price stability returning ahead of the Wall Street open.Bitcoin bulls had lost their footing as the
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Prominent crypto exchange Coinbase has emerged as the second largest ETH staking entity based on a recent scoop by Chinese reporter Colin
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Hopes for a spot bitcoin ETF and the latest regulatory actions could prove a further catalyst. Source
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