Hot Topics

Advertisement

Advertisement

Bitcoin Dominates On Price - Can It Dominate On Other Factors, Too?

At the beginning of September, something pretty significant happened. Bitcoin’s market dominance exceeded 70 percent — something that hasn’t happened in nearly two and a half years. The last time Bitcoin had this kind of market share was before the altcoin boom of 2017.  Some saw it coming. At the start of August, former Wall Street trader Max Keiser shared his bullish sentiments on Twitter, citing a lack of confidence in governments and central banks as the reason. Similarly, CEO of crypto payments firm Circle Jeremy Allaire gave an interview to CNBC in which he stated:  “Rising nationalism, rising amounts...

Read More

BitMEX CEO - “Get Ready for Bitcoin $20K”

It’s scary to think that it was almost two years since bitcoin hit its all-time high of $20k. It seems it was just yesterday when the leading cryptocurrency hit mainstream news shows and media sites before it inevitably sunk below $20k, then $10k… then $5k and ended up price around the $3k range at the end of 2018. Well according to the CEO one cryptos biggest companies, BitMEX, bitcoin could soon revisit such areas of its all-time high as a result of emergency from the United States Federal Reserve. Writing in a tweet posted earlier today, Arthur Hayes said that...

Read More

Bitcoin (BTC)’s Next Move Is Going To Shape The Direction Of The Market

Bitcoin (BTC)’s next move is going to shape the direction of the market. Many of you might be wondering, “isn’t that obvious?” Well, it’s not. For the past few days, Ethereum (ETH) not Bitcoin (BTC) has been dictating the direction of the market because it has been winning the dominance battle. Ethereum (ETH) has won a couple of battles but can it win the war? I don’t see it happening. If BTC/USD holds its ground while altcoins begin their correction, we might see a trend reversal in Bitcoin dominance which would pave the way for more downside in the market...

Read More

Bitcoin (BTC) And Altcoins Are At A Decision Point

Like it or not the cryptocurrency market is at a decision point. As a trader, you have to make a decision here depending on whether you are bullish or bearish on the market. If you want to wait it out, then that indecision is also a decision in itself. In other words, this is the time when it is going to make all the difference which way you lean. If we look at Bitcoin dominance, it has declined to a key support on the daily chart. This level cannot break if we are to see Bitcoin dominance rise in the...

Read More

Is Bitcoin Legal In The US? Cryptocurrency Regulations Trends | Crypto-Geography - Part 3

In case you missed you can check out the first and second part of this series here. Influence of the US Foreign Crypto-Policy American foreign policy can be one of several factors moving the following countries towards buying Bitcoin, alongside lingering domestic political and economic crisis, semi-legal corruption and crime, economic collapse and mere desperation, as the case might be. Maybe, these are not the best motivation factors for crypto sphere development, but, well, you know what they say: any port in a storm.  US and Crypto in Venezuela U.S. President Donald Trump has made a number of political, economic...

Read More