This Year’s Top 10 Crypto Asset Gainers Outshined BTC’s and ETH’s 12-Month Re...
Digital currencies had a phenomenal 2021 as the crypto economy surged past a couple of trillion dollars in value this year. Over the last 12 months, bitcoin gained more than 90% in value and ethereum spike more than 540%. However, while those gains are decent, numerous digital assets outperformed those 12 month gains by a long shot, as a few crypto assets have increased a great deal against the U.S. dollar and other fiat currencies. 2021’s Top 10 Crypto Gainers At the time of writing, the crypto economy is worth $2.5 trillion in value as a great number of tokens swelled....
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2021 has been an incredible year for bitcoin, ethereum, and a great number of the world’s most popular digital assets. While bitcoin has gained around 300% during the last 12 months and ethereum has risen by 630%, a large swathe of crypto assets saw much larger gains. 12-Month Stats Show a Slew of Relatively Unknown Tokens Outperformed the Top Ten Crypto Assets by Market Cap After the March 12, 2020 market crash that wreaked havoc on nearly every commodity in the world, otherwise known as ‘Black Thursday,’ the crypto economy ballooned in value. Three months ago, most....
A great number of cryptocurrency businesses are preparing for the upcoming Financial Action Task Force (FATF) rules toward cryptocurrencies, specifically the Travel Rule. This month 25 Virtual Asset Service Providers (VASPs) published a paper that outlines how American-based VASPs aim to comply with the FATF Travel Rule. Digital currency companies, otherwise known as Virtual Asset Service Providers (VASPs) in the eyes of global regulators are concerned about regulation and compliance this year. In fact, in the recent report written by the Digital Currency Group (DCG), the survey’s....
Ethereum moves higher in shorter timeframes and has quickly been reclaiming previous highs. The second crypto by market cap recently broke above the important resistance at $3,000 and has been outperforming Bitcoin during the last week. Related Reading | Bitcoin Almost Hits $44,000 With Terra $125 Million BTC Purchase Tempo Up As of press time, Ethereum trades at $3,100 with a 3.4% and 12.2% profit in the last 24-hours and last week, respectively. In the meantime, Bitcoin trades north of $43,000 with a 7% profit in one week. According to a pseudonym analyst, Ethereum could continue on....
While Bitcoin critics claim this means that BTC is losing its first-mover competitive advantage, others are anticipating the “altcoin season” is just around the corner, or might even be already underway. Bitcoin’s market dominance has continued to fall, bottoming out below 40% this week. That’s very close to the all-time low of 36.7% in Jan 2018 according to data from Tradingview.Bitcoin (BTC) market dominance refers to the ratio between BTC’s market cap and the total crypto market cap.It's not the first time dominance has dipped in 2021. Back in May, Cointelegraph reported that BTC had....
Cryptocurrency markets were mostly in the green on Friday, as DOT was up by nearly 40%, moving away from an 18-month low. Although SOL, AVAX, and MATIC all rose by over 20%, it was SHIB that was one of the standout gainers in today’s session.
Polkadot (DOT)
DOT was one of today’s biggest gainers, as it climbed by nearly 40% during Friday’s stretch, moving away from recent lows in the process.
On Friday, DOT/USD surged to a peak of $11.73, which comes less than 24 hours after it hit a low of $7.04
This bottom was the lowest level DOT has....