'Altseason' ended in 2024: Bitcoin dominance should hit 71% before it returns
Bitcoin crypto market cap dominance has historically reached 71% before altseason begins, notes Rekt Capital.
Bitcoin crypto market cap dominance has historically reached 71% before altseason begins, notes Rekt Capital.
The FTX token showed significant price surges in the past day after recent downfall. Its daily trading volume surged by 84.02% as per CMC data. The cryptocurrency market is on the road to recovery after the recent market crash. However, the same cannot be said about the overall sector. The SEC has made several announcements … Read more
There is no doubt the Super Bowl is the most bet-on sports event in the U.S. With American sports bettors projected to legally wager a record $1.39 billion (£1.11 billion/€1.34 billion) on Super Bowl LIX. The global and crypto betting markets will push this figure even higher, making it one of the biggest events yet. … Read more
The XRP Ledger, one of crypto’s oldest and most trusted networks, broke down on Tuesday, freezing transaction validation for over an hour. The system patched itself and moved on, but concerns over its dependability remain. This was the second disruption in under three months, igniting concern about deeper issues. Ripple’s CTO, David Schwartz, shared insights, … Read more
The waiting time for WazirX creditors will depend on the approval or rejection of its restructuring plan. Meanwhile, FTX creditors are set to receive their long awaited repayments starting Feb. 18. “Convenience class” creditors will get full reimbursements plus interest. Additionally, LayerZero Labs also recently announced that it decided to settle its legal dispute with … Read more
Africa’s unique challenges and vast potential drive crypto innovation, potentially catalyzing global adoption and refining blockchain technology for everyday use.
The frenzy surrounding Trump-themed cryptocurrencies is fading as investors realize the limitations of hype-driven tokens. In contrast, Lightchain AI is gaining serious traction for its real-world utility and cutting-edge technology. Lightchain AI has successfully secured over $15.1 million during its presale at a price of $0.006, reflecting high investor trust in its innovative blend of … Read more
Bitcoin mining firm Bitdeer has acquired a 101-megawatt permitted site in Alberta for $21.7 million to build a bitcoin mining data center. Bitdeer to Build Power Plant for Bitcoin Mining Bitdeer, a bitcoin mining company has taken a major step toward becoming a fully integrated mining operation with the $21.7 million acquisition of land and … Read more
Tuesday’s David Sacks press conference for crypto proved one thing: back in the trenches, lads. Whenever I think I’ve figured out this market, I get clapped. Meanwhile, some random neet is flipping $100 into generational wealth on a 0.0009% rug pull. Market sentiment is getting ugly. Memes? Dead. AI? Nuked. DeFi, DePIN, RWA? All bleeding out. This isn’t … Read more
XRP’s latest pullback could be part of a classic Elliott Wave structure, according to one market analyst, with a target above $18 if the bulls regain their footing.