Cryptocurrency Analysis and News Portal
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied XRP (XRP) has observed an uptick in social dominance amid the prevailing bearish condition plaguing the asset. Crypto analytical resource Santiment suggests that the new XRP trend might indicate increasing chances of a potential price
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BTC's price fell to as low as $29,874, a 2.2% decline over the past 24 hours, according to CryptoX data. The decline led to a sudden sell-off in altcoin – short for alternative cryptocurrencies – markets, which suffered 5-10% drops from Tuesday, same time. Source
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Ethereum has been the dominant smart contract and decentralized application (Dapp) network since its inception. An analysis based on Ether’s price (ETH), and its market capitalization, shows indisputable evidence that the blockchain has been gaining market share over time. Ether market capitalization dominance (%). Source: TradingViewAs shown above, Ether’s dominance in
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The market capitalization of the flagship cryptocurrency recently hit levels greater than that of all other cryptocurrencies combined. Bitcoin (BTC) has had some difficult runs recently, but maybe its market dominance was never in doubt. This follows after the market capitalization of the flagship cryptocurrency recently hit levels greater than that
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Bitcoin (BTC) dominance, the measure of how much Bitcoin makes up of the total crypto market cap, has breached the 50% mark.On June 19 at 6 pm UTC, Bitcoin dominance hit just above 50% and has since settled to 49.9% at the time of publication, according to data from TradingView.
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On June 13, Advanced Micro Devices (AMD) revealed new details about an artificial intelligence (AI) chip that could challenge market leader Nvidia.The California-based AMD said its most-advanced graphics processing unit (GPU) for AI, the MI300X, will start trickling out in the third quarter of 2023, with mass production beginning in
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Dogecoin has established its presence in the cryptocurrency market over an extended period. It has garnered significant investor interest, initially introduced as a playful commentary on traditional currencies. However, the investor community currently prefers a meme
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In the cryptocurrency market, three meme coins have gained significant attention and investment in 2023. These coins are digitoads (TOADS), pepe coin (PEPE), and dogecoin (DOGE). Investors have developed a strong interest in these coins, considering
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According to statistics from mid-May 2023, 18 different application-specific integrated circuit (ASIC) bitcoin mining devices are profitable using today’s bitcoin exchange rates. Additionally, the top bitcoin mining machines today are made by three prominent ASIC manufacturers, as fabrication competition these days is limited. 18 ASICs Profit With Electricity Costs at $0.12
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The leaders of 10 Southeast Asian nations, members of the Association of Southeast Asian Nations (ASEAN), have agreed to “encourage the use of local currencies for economic and financial transactions.” The group comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. This move will help them reduce
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