Cryptocurrency Market

  • Market Cap: $2,670,417,853,500.50
  • 24h Vol: $85,518,023,347.71
  • BTC Dominance: 58.04%

Bitcoin

bitcoin’s-crypto-market-action-holds-the-upper-hand-as-dominance-level-surpasses-40%

Bitcoin’s Crypto Market Action Holds the Upper Hand as Dominance Level Surpasses 40%

On Jan. 21, 2023, the price of bitcoin reached a 24-hour high of $23,333 per unit at 5 a.m. Eastern Time on Saturday. The entire crypto-economy is now valued at $1.05 trillion after rising 7.2% against the U.S. dollar. Bitcoin’s price rise has led to the crypto asset’s dominance level surpassing the 40% region among […]

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bitcoin,-ethereum-technical-analysis:-btc-moves-to-5-month-high,-as-eth-nears-$1,700

Bitcoin, Ethereum Technical Analysis: BTC Moves to 5-Month High, as ETH Nears $1,700

Bitcoin surged to a five-month high to start the weekend, as bullish sentiment returned to cryptocurrency markets. Prices of the world’s largest digital currency rose above $23,000, rebounding from a recent drop towards $20,000. Ethereum also rallied, as it hit its strongest point since September. Bitcoin Bitcoin (BTC) raced past the $23,000 level to start

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wrapped-bitcoin-project-sees-18%-redemption-of-circulating-supply-in-54-days

Wrapped Bitcoin Project Sees 18% Redemption of Circulating Supply in 54 Days

Statistics show over the course of 54 days, the number of wrapped bitcoin (WBTC) hosted on the Ethereum network has decreased by 40,156. This equates to a more than 18% redemption of the circulating supply of WBTC since Nov. 27, 2022. WBTC Remains Largest Operation in Terms of Bitcoin Custody Despite Recent Redemptions The Bitgo-backed

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bitcoin,-ethereum-technical-analysis:-btc-back-above-$21,000-despite-genesis-bankruptcy

Bitcoin, Ethereum Technical Analysis: BTC Back Above $21,000 Despite Genesis Bankruptcy

Bitcoin crept back up to the $21,000 level on Friday, as volatility in the cryptocurrency market remained high. After falling by nearly 4% in Thursday’s session, the global market cap is up by 1.14% as of writing. This comes despite the news that crypto lender Genesis has recently filed for bankruptcy. Ethereum was also in

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bitcoin,-ethereum-technical-analysis:-eth,-btc-lower,-us-retail-sales-slow

Bitcoin, Ethereum Technical Analysis: ETH, BTC Lower, US Retail Sales Slow

Ethereum fell lower on Thursday, as cryptocurrency markets continued to react to the latest U.S. retail sales figures. Sales in the United States fell by more than expected, coming in 1.1% lower in December. Bitcoin also declined in today’s session, with prices falling below the $21,000 mark. Bitcoin Bitcoin (BTC) dropped below the $21,000 mark

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bitcoin,-ethereum-technical-analysis:-btc-hits-highest-point-since-september

Bitcoin, Ethereum Technical Analysis: BTC Hits Highest Point Since September

Bitcoin rose to its highest level since September, as markets prepared for the release of U.S. retail sales data. This afternoon’s economic release is expected to show a cooling off of sales, as consumers prepare for a recession. Ethereum also rose on the news, as it continued to hover close to $1,600. Bitcoin Bitcoin (BTC)

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rising-bitcoin-prices-cause-cascade-of-short-liquidations,-highest-ratio-of-short-vs.-long-wipeouts-since-july-2021

Rising Bitcoin Prices Cause Cascade of Short Liquidations, Highest Ratio of Short vs. Long Wipeouts Since July 2021

The top two crypto assets have risen significantly in the past seven days, with bitcoin jumping 22.6% and ethereum increasing 18.6% against the U.S. dollar. According to market data, both crypto assets saw the largest increase on Saturday, Jan. 14, 2023. The sudden spike in value caused the highest ratio of short liquidations vs long

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bitcoin,-ethereum-technical-analysis:-btc-above-$21,000-as-eth-hits-fresh-2-month-high

Bitcoin, Ethereum Technical Analysis: BTC Above $21,000 as ETH Hits Fresh 2-month High

Bitcoin surged to a fresh two-month high on Jan. 14, as crypto markets were significantly higher on Saturday. The world’s largest cryptocurrency jumped above $21,000, as prices rallied for a sixth straight day. Ethereum traded above $1,500 to start the weekend, also hitting its strongest point since November. Bitcoin Bitcoin (BTC) rose for a sixth

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ethereum’s-dominance-on-the-rise:-market-share-increases-by-3%-among-global-crypto-assets

Ethereum’s Dominance on the Rise: Market Share Increases by 3% Among Global Crypto Assets

Since Dec. 31, 2022, ethereum’s market dominance has increased by more than 3% among the thousands of crypto assets worldwide, valued at roughly $856 billion on Jan. 11, 2023. According to coinmarketcap.com, a popular coin market capitalization aggregation site, ethereum’s crypto market dominance jumped from 18.4% to its current 19% dominance rating. Ethereum’s Market Share

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study-reveals-south-korea’s-‘kimchi-premium’-strongly-linked-to-international-remittances-to-china

Study Reveals South Korea’s ‘Kimchi Premium’ Strongly Linked to International Remittances to China

A newly-released study published in December 2022 reveals that South Korea’s “kimchi premium,” the divergence in cryptocurrency valuations on Korean exchanges compared to Western trading platforms, is strongly associated with a surge in international remittances to China. Examination of Overseas Remittances to China Uncovers Strong Correlation with South Korea’s ‘Kimchi Premium’ According to a study

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