Altcoin Dominance Highest Since Jan 2021, Trouble For BTC?

On-chain data shows that altcoin volume dominance is now at the highest level since January 2021, while Bitcoin’s is at its lowest. Altcoin Dominance By Volume Recently Touched A High Of 64% As pointed out by an analyst in a CryptoQuant post, Bitcoin’s dominance is just at 16% now. The “dominance by volume” is an indicator that measures the percentage of the total crypto market trading volume that’s being contributed by a specific coin. When the value of this metric goes up for any crypto, it means that particular crypto…

ATOM Hits 2-Month High, as XRP Extends Recent Gains – Market Updates Bitcoin News

Cosmos rallied to a two-month high on Thursday, as cryptocurrency prices rebounded following Wednesday’s decline. Xrp was also mostly in the green in today’s session, extending recent gains in the process. The global crypto market cap is trading 0.17% higher as of writing. Cosmos (ATOM) Cosmos (ATOM) raced to a two-month high on Wednesday, as the token climbed to its strongest point since November. Following a low of $11.10, ATOM/USD raced to a peak of $11.44 earlier in today’s session. As a result of this latest surge in price, cosmos…

BITCOIN WILL BREAK ANY SECOND NOW!!!!!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io BITCOIN’S FUTURE HAS DRAMATICALLY CHANGED!!!!! VERY, VERY IMPORTANT BITCOIN MESSAGE!!!!! WORST YEAR IN … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

HedgeUp (HDUP) And Chainlink (LINK) Shake Up The Financial Industry

Place/Date: – January 11th, 2023 at 4:00 pm UTC · 4 min read Source: HedgeUp The financial industry constantly evolves, with new technologies and innovations disrupting traditional business models. Two recently significantly impacted projects are HedgeUp (HDUP) and Chainlink (LINK). HDUP is a platform that allows users to access and trade alternative investments easily. At the same time, Chainlink is a decentralized oracle network that enables smart contracts to be executed with greater accuracy and transparency. HDUP and Chainlink have shaken up the financial industry with their unique approaches to…

Three Arrows Capital creditors express frustration with bankruptcy process during call

Kyle Davies, the co-founder of bankrupt hedge fund Three Arrows Capital (3AC), disclosed in a Twitter thread that the first meeting of 3AC creditors was held on Jan. 11. Davies invited all creditors to join the group and announced that it would meet regularly. According to Davies, creditors continue to express frustration with the ongoing costs and handling of assets in the bankruptcy process, suggesting that, “inter creditor disputes are delaying the process, and the estate value is not being maximized.” Today we held an ad hoc 3AC creditor meeting.…

Bitcoin gained 300% in year before last halving — Is 2023 different?

Bitcoin (BTC) is facing a “bottoming candle” in 2023, but BTC price action is still more than able to surprise the market. In a tweet on Jan. 11, popular trader and analyst Rekt Capital predicted that BTC/USD could see “decent upside” this year. Chart teases serious Bitcoin upside potential Analyzing Bitcoin’s four-year market cycles around block subsidy halving events, Rekt Capital drew attention to 2023 being the deadline for its next “bottoming candle.” With the next halving due in 2024, the coming 12 months should see a price floor, followed…

Bitcoin Reaches One-Month High As Mini Bull Run Continues

The crypto market has evolved from the unending devastating bear market to a more green and overwhelming market. Cryptocurrencies are moving from the initial stagnant, and lower lows state to a rallying to the top.  Among the number of cryptocurrencies moving upward and making significant higher highs is Bitcoin, the largest crypto by market cap. So far, Bitcoin has broken multiple resistance and continued in a bullish trend carrying the whole crypto market with it.  Bitcoin Taps Above $17,000 For The First Time In One Month Since the FTX crash…