Bitcoin’s Rising Dominance Rate Challenges Altcoin Boom From 2021
The ascent in bitcoin’s dominance rate is consistent with the bullish breakout in June, which marked the end of a prolonged range play between 38% and 48%.
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The ascent in bitcoin’s dominance rate is consistent with the bullish breakout in June, which marked the end of a prolonged range play between 38% and 48%.
An amended proposal released early Tuesday will be filed by the FTX Debtors by mid-December if approved.
Several traders experienced ‘slippage’ as liquidity declined across major exchanges.
Meanwhile, the market continues to trend downwards amid higher-than-expected U.S. PPI and CPI Data
The entity behind popular DeFi exchange Uniswap will levy a small fee – the first in its history.
Fake news of SEC approval for a spot Bitcoin ETF sent markets higher. Why are traders so obsessed with this new product?
The network, which just went live a couple weeks ago as a so-called optimistic rollup – the core underpinning of OP Stack – will now become a “ZK-rollup,” which is what Polygon’s software kit provides.
Addresses tied to the bankrupt crypto exchange controlled by a creditors’ group have apparently staked the tokens to earn yield, blockchain data suggests.
The narrowing of the discount likely represents increased likelihood that Grayscale will be able to convert its close-ended bitcoin trust into a spot-based exchange-traded fund.
Traders could be betting on a development that buoys hopes for a spot bitcoin ETF in the US.