On Tuesday, bitcoin’s price slipped beneath the $94,000 mark, hitting a low of $93,697. This dip comes amid a wave of significant gains among a variety of altcoins over the past few days. Bitcoin Wavers: Investors Shift Billions to Altcoins as Dominance Drops Below 55% Bitcoin (BTC) has dropped 1.6% against the U.S. dollar over […] Original
MARA Holdings, formerly Marathon Digital, has announced plans to acquire a wind farm in Hansford County, Texas, to power its sustainable Bitcoin mining data center. The wind farm, with 240 megawatts of interconnection capacity and 114 MW of operational wind generation, will allow MARA to create a vertically integrated operation with zero-marginal energy costs, according to a company press release. The deal represents a strategic shift for MARA as it aims to integrate renewable energy into its mining operations, which require substantial computational power. Mining involves solving complex mathematical problems…
Bitcoin dominance dips to 55.81%, down from its November 2024 top of 61.53%. Declining BTC dominance has paved the way for the altcoin season, with over 75% of the top 100 altcoins consistently outperforming Bitcoin. Let’s deep-dive into the top 10 altcoins for beginners to buy in December 2024. Why Bitcoin dominance matters to altcoin traders Bitcoin (BTC) dominance is a percentage measure of how much of the total crypto market value belongs to BTC. This is an important metric for traders as it helps identify how capital is distributed…
Ripple has emerged as one of the best-performing cryptocurrencies in this bull run, jumping by almost 500% from its lowest level in November. Ripple’s (XRP) jump has triggered a strong rally among many old-school cryptocurrencies that performed well in 2021. Here are some of the top coins to watch now that the altcoin season index has risen to 88. VeChain | VET VeChain (VET) was one of the best-performing cryptocurrencies in 2021, soaring to $0.27. Like other old-school coins, it plunged during the crypto winter and has not recovered fully.…
Major crypto tokens quickly plunged as much as 30% against the Korean won on South Korean exchanges as the government declared emergency martial law late on Tuesday. South Korean President Yoon Suk Yeol declared “emergency martial law,” accusing opposition parties of undermining the government, sympathizing with North Korea, and paralyzing the nation’s legislative process. Negative sentiment spilled over to the crypto markets in the minutes following. Bitcoin, XRP — two of the most traded tokens by volumes on local exchanges — plunged as…
On Tuesday, bitcoin hovered just below the $95,000 mark, while numerous alternative cryptocurrencies enjoyed a wave of impressive gains. This trend triggered blockchaincenter.net’s Altcoin Season Index (ASI) to announce that “Altcoin Season” has officially arrived. Altcoin Season Arrives At 8 a.m. Eastern Time on Tuesday, Dec. 3, blockchaincenter.net’s Altcoin Season Index (ASI) lit up with […] Original
Singaporean digital payment provider dtcpay announced that it will exclusively support stablecoins for its payment services by 2025, dropping Bitcoin and Ethereum in the process. In a recent X post, dtcpay announced that it will begin to strategically shift its support to only accommodate stablecoins for all of its token payments services, starting January 2025. Following this transition, the Singaporean payment firm will no longer support payments for Bitcoin(BTC) and Ethereum(ETH) starting next year. Despite both BTC and ETH still maintaining their spots as the two largest cryptocurrencies by market…
PRESS RELEASE. Three unique altcoins—Lunex Network (LNEX), Ethereum (ETH) and Uniswap (UNI)—are attracting huge investor attention with bullish price activities. While Ethereum’s (ETH) bullish surge points at a possible breakout to a new all-time high, Lunex Network’s innovative cross-chain capabilities promise to transform decentralized trading. Uniswap’s (UNI) spectacular climb of over 70% in just one […] Source
Este artículo también está disponible en español. Bitcoin has started a fresh decline, approaching the crucial $93,257 support level that has proven to be a battleground for bulls lately. Thus, the question remains whether buyers can regain control and defend this level once more. As uncertainty looms, all eyes are on this critical zone, which could determine whether Bitcoin bounces back or faces a deeper downward trajectory. With market volatility increasing, this article aims to delve into BTC’s renewed drop toward the $93,257 support level, assessing the likelihood of a…
The Central Bank of Brazil has opened a public consultation on a regulatory draft that correlates the treatment of dollar-pegged stablecoins with foreign currency. The proposed rules, which will now be discussed with relevant stakeholders in the national cryptocurrency ecosystem, would require exchanges dealing in stablecoins to obtain two different operating licenses: one as a […] Source BitcoincryptoexchangeExchanges CryptoX Portal