Glassnode data analyzed by CryptoSlate indicates that Bitcoin’s (BTC) market dominance exceeded 40% for the first time since July 2022. BTC market dominance The chart above represents the BTC ma...
Tag: Dominance
Love Steam’s Dominance Says NFT Hater – Trustnodes
The death of NFTs has been announced by none other than PC Gamer, a paper we thankfully never had the pleasure of coming across. Or rather by its Editor, Tyler Wilde, who states he loves the monopoly ...
TRON Technical Analysis: Bounces off the support level, but bears continue to deny bulls dominance.
TRON shows bearish actions in the previous sessions. The pair of TRON/USD is trading at the price level of $0.053 with a decrease of -0.22% in the past 24 hours. Tron token had a small bounce in late...
OpenSea’s dominance shrank 23% in 2022
CryptoSlate looked into Glassnode data to evaluate OpenSea’s performance in 2022 and revealed that the marketplace’s dominance fell to 33% from 50% in January. At the beginning of the year, OpenSea co...
Ethereum’s 2 years peak dominance over Bitcoin has not translated into new ATH
Bitcoin (BTC) might be worth more than Ethereum (ETH), but available Glassnode data, as analyzed by CryptoSlate, shows that ETH’s peak dominance has outperformed BTC’s in the last two years. Glassnode...
Can Ethereum Price (ETH) Rid Itself of Seller Dominance?
Ethereum price (ETH) is consolidating above the $1185 support level. The market capitalization appears neutral at $146.21 billion. Buyers look active in today’s trading session after two bearish daily...
Stablecoin Dominance Retreats From November Record High
Stablecoin dominance is retracing slightly after reaching record highs as FTX went bust last month. A collection of more than 30 value-pegged tokens, led by Tether’s USDT and Circle’s USDC, were altog...
The dominance of Bitcoin in the crypto world
Bitcoin has once again emerged as the most searched cryptocurrency on Google, with “dominance” over all other cryptocurrencies worldwide. Dollar Geek, an information platform on the world of finance ...
ADA struggles to hold its place on the charts despite Cardano’s dominance over…
Cardano outperformed its rival networks in terms of development activity. ADA could make a strong comeback, based on its metrics. Cardano [ADA] might just secure the blockchain spotlight after the lat...
Analysis of on-chain stablecoin data reveals decline in USDT dominance
In 2019, Tether (USDT) had a global stablecoin dominance of 89%, but it has since fallen to just under 50%, according to on-chain data provided by Glassnode — analyzed by CryptoSlate. Throughout 2020 ...
Investors Call Time on FAANG Stock Dominance After Nasdaq’s Rout
(Bloomberg) — For some investors, this year’s rout in high-flying technology stocks is more than a bear market: It’s the end of an era for a handful of giant companies such as Facebook parent Me...
Why bitcoin’s dominance is down this bear market
As of last year, when bitcoin — and crypto in general — were riding the wave of exorbitantly high prices, the dominance enjoyed by the world’s leading crypto took a dip as money flowed into altcoins a...
Bitcoin Dominance Has Remained Under 40% for More Than 3 Consecutive Months – Markets and Prices Bitcoin News
Over the last 100 days or roughly three months, bitcoin’s market dominance among 21,958 different crypto assets worth roughly $850 billion has been under 40%. Bitcoin dominance has been under 40% sinc...
NFT Dominance On Ethereum Drops To Just 8.3% As Interest Stays Low
Data shows the NFT transaction dominance on Ethereum has now dropped to just 8.3%, as interest around the market has remained low. NFT Dominance On Ethereum Falls, Whereas Stablecoins Pick Up More Sha...
Tesla’s dominance of EVs is eroding as cheaper cars hit the market
Tesla is still the top-selling electric vehicle brand in the U.S., but its dominance is eroding as rivals offer a growing number of more affordable models, according to a report Tuesday by S&P Glo...
BTC Dominance On A Decline
Bitcoin (BTC) has been subject to intense selling pressure. In the last 24 hours, Bitcoin price decreased by 2.47%. As per the recent update from the Onchain data provider, Glassnode, after the FTX co...
Mid-cap tokens outperform Bitcoin over past 7 days as BNB hits 6% market dominance
Over the past seven days, mid-cap altcoins have outperformed large-cap and small-cap tokens by some margin compared to Bitcoin. As a result, Bitcoin’s dominance has fallen to 40% from a high of 45% o...
Avalanche price analysis: AVAX price backtracks to $12.71 as bears regain dominance
The most recent Avalanche price analysis shows bearish results as the price underwent losses again. The price has decreased up to $12.71, continuing the downtrend that started on the 18th of November....
Kentucky Signs Top High School Guard D.J. Wagner, Resumes Recruiting Dominance Under John Calipari
Kentucky head coach John Calipari answers a question during the school’s NCAA college basketball … [+] media day in Lexington, Ky., Tuesday, Oct. 25, 2022. (AP Photo/James Crisp) Copyright...
Cosmos Price Prediction: Bearish dominance over the daily price chart of the ATOM
The Bears are dragging the atom to their target value The current price of the ATOM is surfing around $11.39 with a loss of 7.53% during the intraday trading session The pair of ATOM/BTC is 0.00...
Why Crypto Whales Hold so Much Dominance in the Crypto Market?
Crypto market has witnessed tremendous growth with many crypto assets reaching sky high levels. With the growing popularity, cryptocurrencies also gained investors and buyers resulting in its wide ado...
Tether Dominance Nears All-Time High as Crypto Crashes
The market dominance of leading stablecoin tether (USDT) is approaching all-time highs as crypto markets suffer from the apparent collapse of FTX. Almost $70 billion in USDT currently circulates in th...
Binance spot volume dominance jumps to 71% amid FTX freeze
After turning over more than $51.3 billion in volume over the past 24 hours, crypto exchange Binance currently holds 71% of the spot market for cryptocurrency trading, according to data from The Block...
BUSD supply dominance grows as USDT’s supply drops 4%
Binance USD (BUSD) is the best-performing stablecoin among the top three stablecoins, as its supply dominance increased by 6% on the year-to-date metrics to 16%. The Binance-backed stablecoin has seen...
Binance Spot Vol Dominance On Peak Amid Clash With FTX
The recent heated clash between Binance‘s Chief, Changpeng Zhao (CZ) and FTX CEO, Sam Bankman-Fried (SBF) has led to increased volatility in the digital asset market. However, both crypto exchange chi...
Bitcoin Dominance Drops To 4-Year Low Mark
In the early hours today, the star cryptocurrency, Bitcoin, fluctuated between $21,000 and $20,000 before settling down around $20,700. Before this downward move, the asset had even managed to trade a...
A CBDC could protect euro dominance, say EU leaders
European Union leaders see a digital euro undertaking as an opportunity to preserve the value of the shared currency. “The entry of big tech into payments could increase the risk of market domin...
Altcoin season imminent? Bitcoin dominance drops to 4-year low despite BTC reclaiming $21k
Bitcoin’s (BTC) dominance continues to drop despite the maiden digital asset recording a relief rally in recent weeks. Notably, Bitcoin dominance is a crucial metric for the crypto sector since it mig...