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Bitfinex Now Has a Derivatives Contract Offering Exposure to Bitcoin Dominance

A new derivative from Bitfinex allows investors to take a position on bitcoin's overall share of the cryptocurrency market. The Seychelles-based crypto exchange said Wednesday the BTCDOM contract would allow investors to bet on bitcoin's dominance rate – a metric for determining the market's bitcoin value versus the value of

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Tether’s Dominance Solidified as more Exchanges Launch Bitcoin USDT Futures Contracts

In brief: In the last week, two prominent crypto exchanges have launched Bitcoin USDT perpetual contracts. They include Bybit and KuMex (KuCoin’s derivatives platform.) Tether (USDT) is ranked 4th according to market cap.  Its website states the company has $6.229 Billion in assets.  Trading of Bitcoin futures contracts has become more popular as crypto traders

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Bitcoin Dominance Could Soar to 90% amid Economic Crisis, Crashing Altcoin Market

More and more traders would dump their altcoin investments to seek shelter in bitcoin amidst a deepening financial crisis, according to Qiao Wang, head of product at Messari.The New York-based angel investor said Wednesday that he expects bitcoin’s dominance to rise above 90 percent by the end of the ongoing

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Bitcoin Dominance May Suggest a Massive Altcoin Selloff is Inbound

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

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Bitcoin Dominance 6-Month Low Doesn’t Mean Price Is ‘Ultra-Bearish’

Bitcoin (BTC) continued trading in a narrow corridor on Feb. 22 as markets awaited fresh action after last week’s sudden 8% price drop.Cryptocurrency market daily overview. Source: Coin360BTC “correcting in an uptrending market”Data from Coin360 and CryptoX Markets showed BTC/USD spending another day in a stable zone between $9,500

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