Category: crypto economy

Bitcoin’s Market Dominance Slides to 50%, While Ethereum’s Valuation Climbs Higher

Bitcoin dominance, the metric that measures bitcoin’s overall market capitalization against all the other crypto asset valuations have dropped considerably in recent weeks. At the end of February, bitcoin dominance levels started sliding downward from 61% to today’s 50%. Meanwhile, from the same point in time ethereum’s market capitalization has increased from 11.8% to today’s […]

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Silicon Valley ‘Super Angel’ Investor Ron Conway Says Crypto Economy Is the Next Multitrillion Dollar Opportunity

Famed Silicon Valley “super angel” investor Ron Conway sees the crypto economy as the next multitrillion-dollar opportunity in innovation. The Silicon Valley legend likens Coinbase to Google after the company’s IPO via a direct listing on Nasdaq. Crypto Is the Next Multitrillion Dollar Opportunity in Innovation Legendary investor Ron Conway, who is often described as […]

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‘Weird Coins Like DOGE and XRP Spike’- Galaxy Digital’s Mike Novogratz Warns of a Crypto Market ‘Washout’ 

Bitcoin bull and billionaire investor Mike Novogratz has warned about cryptocurrency market volatility in a recent interview stemming from the Barron’s and Marketwatch’s “Investing in Crypto” virtual event series. In general and over the long term, Novogratz is bullish about bitcoin and companies like Coinbase remaining prosperous. Novogratz Warns of a Crypto Market ‘Washout’ Shares […]

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Bitcoin Price Jumps Over the $60K Zone, Crypto Economy’s Market Cap Climbs Above $2 Trillion

Cryptocurrency markets have gathered fresh gains this weekend, as bitcoin’s value spiked above the $60k handle touching $61,222 per unit during the early morning trading sessions on Saturday (EST). Moreover, a number of digital assets saw price jumps as well, as the entire market capitalization of all 9,190 crypto-assets in existence is over $2 trillion […]

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Crypto Economy Nears $2 Trillion, XRP Gains 37%, BTC Dominance Drops to 56%

Digital currency markets have seen some significant gains on Monday as the entire market capitalization of all 8,500+ cryptocurrencies in existence has jumped a few percentages. Bitcoin’s price has spiked a touch over 1.5%, but a number of other coins have seen much larger gains during Monday’s trading sessions. Market aggregators show the crypto economy’s […]

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Will it be Dogecoin Or Marscoin? Elon Musk Agrees Mars Economy Will Run on Crypto

Elon Musk, the serial entrepreneur leading multi-billion dollar companies ranging from an electric car maker in Tesla to space technology company SpaceX. While Tesla’s success as a car maker and soaring Tesla stock prices making it the most valuable carmaker in history is for everyone to see, SpaceX is currently Musk’s most talked-about company primarily […]

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XRP Crash Burns Other Crypto Asset Values, BTC Price Remains Unscathed

XRP Crash Burns Other Crypto Asset Values, BTC Price Remains Unscathed

Digital currency markets have seen some volatile action this week and during the last 24 hours following the XRP charges, a number of coins shed a great deal of value. At the time of publication, the entire crypto-economy is valued at $629 billion and because XRP lost so much value, bitcoin’s dominance index has risen […]

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Gold Sees Largest Weekly Outflow Ever, Metal Prices Spiral Lower, Analysts Expect Flows Into Bitcoin

Gold Sees Largest Weekly Outflow Ever, Metal Prices Spiral Lower, Analysts Expect Flows Into Bitcoin

Gold investors are getting anxious, as the precious metal’s prices have slid a great deal since a number of vaccine companies have revealed medicines to combat the coronavirus. The price of one ounce of fine gold is valued at $1,770 per unit after the precious metal registered the third straight weekly loss in a row. […]

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Bitcoin Crushes Previous All-Time Price Highs Surpassing 2017’s Bull Run

Bitcoin Crushes Previous All-Time Price Highs Surpassing 2017’s Bull Run

Digital currency markets are on a tear this week, as a myriad of crypto assets have seen enormous gains during the last two days. Then finally, on November 30, 2020, the largest blockchain in terms of market cap, bitcoin (BTC) surpassed its 2017 all-time highs (ATH) after crossing the highly anticipated $19,860 zone on Monday […]

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Market Update: Crypto Prices Drop Fast, Bitcoin Loses $2K, Correction Considered Healthy

Market Update: Crypto Prices Drop Fast, Bitcoin Loses $2K, Correction Considered Healthy

The price of bitcoin and a great number of digital assets plunged in value during the early morning trading sessions on November 26, 2020. Bitcoin’s price dropped from a high of $19,319 on Wednesday evening only to lose over $2,000 during the course of the morning hours (EST) on Thursday morning. Cryptocurrency markets have shed […]

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