Cryptocurrency Analysis and News Portal
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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iShares, Bitwise, WisdomTree, and Invesco, have just submitted proposals for a Bitcoin ETF, signaling a significant advance in the crypto business. Bitcoin (BTC), the leading cryptocurrency, has experienced a remarkable surge in recent days, with its price coming in at $28,887.88, up by 8.03% within a 24-hour period and by 11.44%
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Stacks (STX) is currently leading the charge against the bears, with an impressive 10% gain in the last 24 hours amid heightened market volatility. Stacks is a blockchain protocol that leverages bitcoin’s security and state through the
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Crypto venture capital investments were on the rise for the second month in a row in May despite the generally declining economic backdrop. Funding amounts surged 34% from April, and the number of individual deals jumped 62%, according to data from Cryptox Research’s Venture Capital Database.Though inflation in the United
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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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Crypto has been at the mercy of an ongoing bear market that began in the spring of 2022, after a historic bull run that had investors, developers and users piling into the Web3 space. Despite interest slowing down and companies needing to adjust to the current market conditions, many in the
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Macro Markets, hosted by crypto analyst Marcel Pechman, airs every Friday on the Cryptox Markets & Research YouTube channel and explains complex concepts in layperson’s terms, focusing on the cause and effect of traditional financial events on day-to-day crypto activity.Episode 13 of Cryptox’s Macro Markets begins by exploring why the
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Singapore-based crypto exchange Crypto.com faced allegations of proprietary trading and artificially manipulating market prices. People familiar with the matter told Financial Times that the exchange, supported by the Hollywood star Matt Damon, asked its employees never
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Despite an industry-wide state of decline, Shiba Inu (SHIB) was a notable exception over the weekend. Meme coins have recently been facing significant corrections and Shiba Inu (SHIB) is no exception. Although the corrections are reflective of the state of the general cryptocurrency market, SHIB’s loss has been quite massive, threatening
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“Digital asset sentiment remains poor as the U.S. Securities and Exchange Commission’s (SEC) enforcement actions create regulatory uncertainty, pressuring token prices,” analysts Alkesh Shah and Andrew Moss wrote, adding that “digital asset trading platforms are just one piece of the broader ecosystem.” Source
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