Cryptocurrency Market

  • Market Cap: $1,145,634,271,437.31
  • 24h Vol: $153,259,774,011.59
  • BTC Dominance: 39.92%

BTC

biggest-movers:-ltc,-atom-extend-declines,-hitting-10-day-lows 

Biggest Movers: LTC, ATOM Extend Declines, Hitting 10-Day Lows 

Litecoin fell for a third consecutive session on Thursday, as the token continued to move away from recent highs. Cryptocurrencies have been mostly lower in recent days, as traders continue to fear a global recession. Cosmos also remained in the red during today’s session. Litecoin (LTC) Litecoin (LTC) dropped to a ten-day low on Thursday, …

Biggest Movers: LTC, ATOM Extend Declines, Hitting 10-Day Lows  Read More »

bitcoin,-ethereum-technical-analysis:-btc-nears-10-day-low,-as-bears-regain-market-sentiment

Bitcoin, Ethereum Technical Analysis: BTC Nears 10-Day Low, as Bears Regain Market Sentiment

Bitcoin continued to slip on Thursday, with the coin remaining close to its lowest level since the end of November. Momentum in cryptocurrency markets has shifted in recent days, with sentiment currently bearish. Ethereum was also lower, with the token dropping towards $1,200. Bitcoin Bitcoin (BTC) remained near a one-week low on Thursday, as cryptocurrencies …

Bitcoin, Ethereum Technical Analysis: BTC Nears 10-Day Low, as Bears Regain Market Sentiment Read More »

bitcoin-dominance-has-remained-under-40%-for-more-than-3-consecutive-months

Bitcoin Dominance Has Remained Under 40% for More Than 3 Consecutive Months

Over the last 100 days or roughly three months, bitcoin’s market dominance among 21,958 different crypto assets worth roughly $850 billion has been under 40%. Bitcoin dominance has been under 40% since Aug. 27, 2022, with a brief instance of rising above the 40% range 52 days ago, on Oct. 15. Bitcoin’s Market Superiority Lost …

Bitcoin Dominance Has Remained Under 40% for More Than 3 Consecutive Months Read More »

bitcoin,-ethereum-technical-analysis:-btc,-eth-continue-to-consolidate-as-usd-strengthens

Bitcoin, Ethereum Technical Analysis: BTC, ETH Continue to Consolidate as USD Strengthens

Bitcoin was consolidating on Wednesday, as the U.S. dollar continued to strengthen versus several G7 currencies. A strong dollar means demand for cryptocurrencies typically plummets, with the global market cap trading in the red as of writing. Ethereum was also lower today, falling as it remained below $1,300. Bitcoin Bitcoin (BTC) continued to consolidate in …

Bitcoin, Ethereum Technical Analysis: BTC, ETH Continue to Consolidate as USD Strengthens Read More »

bitcoin,-ethereum-technical-analysis:-eth-falls-below-$1,300-following-monday’s-false-breakout

Bitcoin, Ethereum Technical Analysis: ETH Falls Below $1,300 Following Monday’s False Breakout

Ethereum was in the red on Tuesday, as bears reentered the market following a failed breakout of a key resistance level. Prices failed to sustain yesterday’s move above $1,300, with momentum slipping in today’s session. Bitcoin was also lower, however is trading above $17,000 as of writing. Bitcoin Bitcoin (BTC) was consolidating in today’s session, …

Bitcoin, Ethereum Technical Analysis: ETH Falls Below $1,300 Following Monday’s False Breakout Read More »

bitcoin,-ethereum-technical-analysis:-btc-races-to-3-week-high-on-monday

Bitcoin, Ethereum Technical Analysis: BTC Races to 3-Week High on Monday

Bitcoin was trading above $17,000 on Monday, as the world’s largest cryptocurrency raced to a three-week high. Today’s move comes as prices rose for a second straight day, with momentum now firmly bullish. Ethereum was also in the green to start the week, with the coin hovering near the $1,300 mark. Bitcoin Bitcoin (BTC) surged …

Bitcoin, Ethereum Technical Analysis: BTC Races to 3-Week High on Monday Read More »

addresses-that-sat-idle-for-years-transferred-1,221-bitcoins-worth-$20m-over-the-last-4-days

Addresses That Sat Idle for Years Transferred 1,221 Bitcoins Worth $20M Over the Last 4 Days

During the last seven days, bitcoin’s price has remained above the $16K region following the aftermath of FTX’s collapse. Since then, a number of ‘sleeping bitcoins’ that sat idle for five to nine years have been moving during the last four days. Bitcoins that were worth far less back then are being transferred for the …

Addresses That Sat Idle for Years Transferred 1,221 Bitcoins Worth $20M Over the Last 4 Days Read More »

demand-for-cryptocurrency-miners-rises-in-russia-amid-low-prices-of-hardware

Demand for Cryptocurrency Miners Rises in Russia Amid Low Prices of Hardware

Russia’s market for specialized crypto mining equipment has been seeing high demand over the past couple of months, with buyers attracted by the low price tags. Russian experts also predict an increase in the supply of used coin minting hardware as large foreign companies leave the industry. Russian Demand for Powerful ASIC Miners Skyrockets in …

Demand for Cryptocurrency Miners Rises in Russia Amid Low Prices of Hardware Read More »

applied-direct-response-—-ercot-study-shows-bitcoin-mining-is-beneficial-to-the-texas-grid

Applied Direct Response — ERCOT Study Shows Bitcoin Mining Is Beneficial to the Texas Grid

On Nov. 29, 2022, The Electric Reliability Council of Texas (ERCOT) published a report on seasonal assessment and resource adequacy for the ERCOT region. ERCOT’s study indicates that bitcoin mining operations are flexible operations that can be beneficial to the Texas grid during the upcoming winter and extreme peak load times. ERCOT Report Says Texas …

Applied Direct Response — ERCOT Study Shows Bitcoin Mining Is Beneficial to the Texas Grid Read More »

an-unknown-individual-signed-a-message-associated-with-btc-block-1,018,-reward-was-minted-16-days-after-satoshi-launched-bitcoin

An Unknown Individual Signed a Message Associated With BTC Block 1,018, Reward Was Minted 16 Days After Satoshi Launched Bitcoin

On Nov. 15, 2022, a post was created on the forum website bitcointalk.org and the thread’s creator asked people to share signatures tied to some of their oldest mined bitcoin blocks. 11 days later, a newly created bitcointalk.org profile, called “Onesignature,” shared a signed message tethered to an extremely old block reward created on Jan. …

An Unknown Individual Signed a Message Associated With BTC Block 1,018, Reward Was Minted 16 Days After Satoshi Launched Bitcoin Read More »