Markets

CoinspeakerBitcoin Dominance Peaked, Says Analyst, Altcoins to Take Charge? Bitcoin market dominance drops fast as BTC price decreases all the way to $56,500. The Bitcoin demand growth and the whale interest have also been on the decline since March end. Bitcoin Dominance Peaked, Says Analyst, Altcoins to Take Charge?

As Chainlink (LINK) faces selling pressures following a brief surge and Cardano sees an increase in volume that stirs investor optimism and sustainability concerns, BlockDAG emerges as a formidable player in the cryptocurrency realm. With its innovative X1 mobile mining app, BlockDAG transforms everyday smartphones into effective mining tools, enabling users to mine up to 20 BDAG coins daily. Chainlink’s Price Dynamics: 20% Surge and Its Implications Chainlink...

The allure of cryptocurrency often stems from the mysterious identities of its creators, a phenomenon exemplified by Bitcoin’s enigmatic founder, Satoshi Nakamoto, whose true identity remains undisclosed. This tradition of anonymity is also mirrored in the founder of Shiba Inu, known only as ‘Ryoshi’. Over time, speculative links between Ethereum’s creator, Vitalik Buterin, and Ryoshi have fueled theories that possibly contributed to Shiba Inu’s sharp rise in...

EOS price started a fresh decline after it failed to clear $0.9650 against the US Dollar. The price is now trading below $0.820 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance at $0.7850 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.7850 and $0.80 resistance levels. EOS price is struggling below $0.820 against the US Dollar,...

Litecoin started a fresh decline from the $88 resistance zone against the US Dollar. LTC price is now trading below $85 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $81.50 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down unless the bulls protect the $75.00 support zone. Litecoin price is struggling below $85.00 against the US Dollar, like Bitcoin....

Amid rising excitement in cryptocurrency, BlockDAG has introduced a strategic vesting period for its presale coins, aiming to boost long-term investment and stability. This innovative approach is part of a broader ambition to reach a $10 valuation by 2025, positioning BlockDAG to outpace competitors like Solana and Dogwifhat. With a significant $21.7 million already raised in its presale, BlockDAG is capitalising on market trends to secure its future. The...

The largest American cryptocurrency exchange, Coinbase, has added support for the Lightning Network on its platform to enable faster and cheaper payments. According to a blog post, the Lightning Network integration on Coinbase will reduce the cost of sending bitcoin (BTC) globally by 20x compared to the 2% charged on United States credit card transactions and the $30 paid for wire transfers. Coinbase Integrates Lightning Network Coinbase’s Lightning Network integration was...

The crypto market in 2024 presents a plethora of investment opportunities, with BlockDAG leading the charge with its remarkable presale success. BDAG’s surge of $21.7 million sets a bullish precedent in the crypto space, indicating strong investor confidence and robust demand. Let’s delve into the top 9 best crypto investments in 2024, including other pioneering projects like 5thScape, Sponge V2, Meme Kombat, Memeinator, Launchpad XYZ, Green Bitcoin, Scorpion...

TL;DR Shiba Inu’s burn rate soared significantly today, with over two million tokens removed from circulation. However, SHIB’s price remains deep in the red, coinciding with an overall crypto market correction. The Latest Spike Shiba Inu’s burn rate increased substantially today (May 1), jumping 90% compared to the previous day. This resulted in over two million assets being removed from circulation. According to Shibburn, almost 1.7 billion SHIB tokens were burned last...

Bitcoin’s price has been consolidating above $60K over the last few months. Yet, the price has broken below the level today, and investors are in a state of panic, wondering if the bull market is over. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has created a large descending channel pattern since March. Yet, it has broken it to the downside, and the cryptocurrency is aggressively dropping toward the $52K support level. The 200-day moving...