Stablecoin tether (USDT) continues to dominate the market as traders and investors shun major rivals in favor of the world’s largest digital asset pegged to the US dollar. A view of USDT’s market domi...
Tag: Dominance
Tether Benefits From USDC Chaos, USDT Dominance Now 58%
Data shows Tether USD (USDT) has benefited from the recent chaos with the USD Coin (USDC) peg, as the stablecoin’s dominance has now hit 57.8%. Tether (USDT) Dominance Has Surged To 57.8% Now As per t...
Ethereum Shanghai upgrade could benefit liquid staking providers and cement ETH’s layer-1 dominance
Ethereum’s upcoming Shanghai upgrade will allow users to withdraw staked Ether (ETH), increasing the network’s liquidity and competitiveness while also boosting its staking ratio closer to its competi...
TMS Network (TMSN) Raises Over $500,000 In 2 Weeks to Continue Presale Dominance While Shiba Inu And Polkadot Consolidate
Most cryptocurrencies are now cooling off after a rally that lasted most of January and February 2023. Shiba Inu (SHIB) and Polkadot (DOT), both huge gainers during this period, have consolidated as b...
Tether dominance is still increasing- The Cryptonomist
Tether’s USDT has always been the leading stablecoin in crypto markets. In 2022, however, the implosion of the algorithmic stablecoin UST had put fears into circulation that also concerned Tether’s re...
India-Russia Oil Deals Chip Away at Dollar Dominance in International Trade – Economics Bitcoin News
On Wednesday, Reuters reported that Western sanctions on Russia and oil trading between Moscow and India have started to erode the dollar’s decades-old dominance of international oil trade. The oil de...
Crypto Market Analysis: Bitcoin, Altcoins Remain Sluggish While Dominance Continues to Surge
The Bitcoin price continues to trade below $22,500 for the fourth consecutive day after the drastic price slash in the first few days of March. While Star Crypto is trying very hard to hold the price ...
SOL moves sideways at $20.85 as bears fight for dominance – Cryptopolitan
Solana price analysis shows that the coin is currently in a bearish trend as it plummets to $20.85. This is after the digital asset enjoyed bullish action and touched the $21.21 level yesterday. Howev...
Will OpenSea be Successful in Reclaiming Dominance Once Again?
The emergent NFT marketplace Blur may have raised an open battle against the once-market leader, but the latter appears to be making a comeback, albeit slowly. According to Dune Analytics data compile...
Curve’s governance witnesses dominance from this protocol, more inside
Convex Finance dominated Curve Finance’s governance. Protocol struggled while whales continued to buy CRV. According to Delphi Digital, Convex Finance, a Curve [CRV] staking platform, dominated 45% o...
Crypto News Today: Bearish Clouds Haunt the Crypto Space-USDT Dominance Rising High
After undergoing significant pressure, the USDT has maintained its peg at $1. The trading volume spiked finely during the early trading hours. Stablecoins like USDT, and USDC have appeared to be under...
XOM Stock Analysis: Seller Dominance Increasing in The Market
1 ExxonMobil plans to reach 400,000 bpd capacity. 2 The LNG market may witness limited growth this year, report suggests. Energy sector is slowly moving towards net zero emissions. However, the indust...
Stablecoin Dominance At 9-Month Low After SEC Targets Binance Dollar
Stablecoin dominance has been declining all year, but recent threats by the SEC might have pushed it lower. The metric, which tracks how much of crypto’s total market value is stablecoins, has dropped...
BUSD Stablecoin Drops from Top 10 Crypto Assets Amid Significant Decrease in Dominance – Altcoins Bitcoin News
After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been removed from circulation to date. The Paxos-managed stablecoin has also fallen out of th...
Ukraine War Illustrates Importance Of American Energy Dominance
Ukrainian servicemen get ready to repel an attack in Ukraine’s Lugansk region on February 24, 2022. … [+] – Russian President Vladimir Putin launched a full-scale invasion of Ukraine...
Crypto Regulatory Initiatives Show SEC’s Dominance Among US Regulators: JPMorgan
Its actions have also shown the SEC’s bias in viewing most crypto, with maybe bitcoin (BTC) as the only exception, as securities, the report said. It noted that SEC Chair Gary Gensler started pushing ...
Can Lido [LDO] maintain its dominance despite declining APR?
Lido sees improvements in many areas. Prices of LDO and Lido’s APR fell. Lido [LDO] has been dominating the DeFi space for a while. Over the last week, it even furthered the improvements on its protoc...
Bitcoin (BTC) Dominance Reaches Critical Level for Altcoin Price
The cryptocurrency winter of 2022 has not provided altcoin supporters with much joy. The relentless decline in Bitcoin (BTC) price led to even more severe losses across the broader crypto market. Howe...
Why Ethereum Dominance Could Be In “Grave” Danger
Ethereum is the second-largest cryptocurrency ranked by market cap. A recent Merge “upgrade” to a proof-of-stake consensus mechanism and other changes raised discussion of a possible “flippening” — a ...
ChatGPT is “killing” Google’s dominance
Shark Tank star Kevin O’Leary said he’s trying to decide whether to invest in the next funding round of ChatGPT. “I am very fortunate to be offered to take down some equity, but it’s a $29 billi...
The Battle for AI Dominance
Artificial intelligence (AI) is growing exponentially with the potential to transform all walks of life. Two of the largest players in this space are Microsoft and Google, and the competition between ...
UPST Stock Lost About 38% in 2 Weeks; Seller Dominance is Ending
The AI-lending platform may benefit from the growing interest in tech UPST stock was up by 4.72% since its previous close Artificial Intelligence (AI) is the talk of the town nowadays. Experts believe...
Latest Installment Of Knicks-Nets Highlighted By Jalen Brunson’s Dominance
New York Knicks guard Jalen Brunson (11) shoots against Brooklyn Nets forward Joe Harris during the … [+] second half of an NBA basketball game, Monday, Feb. 13, 2023, in New York. (AP Photo/Jes...
Avalanche dominance under threat? Investors worry as GMX shifts to Arbitrum
GMX moves to Arbitrum, threatening Avalanche. Decreasing sentiment, declining TVL & NFT trades for Avalanche. According to the latest data from Artemis, the majority of GMX‘s activity has shifted ...
ZEC Price Analysis: Token falls as bears denies bulls dominance
The token has crossed below the 50 EMA on the daily time frame. The pair of ZEC/USDT is trading at the price level of $43.37 with a decrease of -2.01% in the past 24 hours. The Zcash (ZEC) token’s lon...
Is BNB chain’s dominance about to decline? New data suggests…
BNB chain’s affairs could slow down due to declining dApp activity. The altcoin’s DeFi state remains strong as TVL grows. BNB, one of the largest cryptocurrencies in terms of market cap, recently post...
Stablecoin Dominance Ready to Strike Down- Will the Bullish Continuation for the Crypto Prevail?
The stablecoins like USDT, USDC, etc experienced a wider adoption throughout the year 2022 as the bear market restricted the rally to a large extent. However, as 2023 began with a kickstart of giant p...
Bitcoin 7-month high ‘dominance’ has BTC price eyeing $25K — Will Ethereum spoil the rally?
Bitcoin (BTC) is rapidly regaining its lost dominance in the crypto market so far into 2023. On Jan. 30, Bitcoin accounted for 44.82% of the total crypto market capitalization, the highest since June....
BIT Price Analysis: Bulls deny bears’ dominance by forming a lower wick
The token is trading above the demand zone on the daily time frame. The pair of BIT/USDT is trading at the price level of $0.4975 with a decrease of -2.94% in the past 24 hours. The token’s long-term ...