Crypto News
QCP Insights: Bitcoin Dominance Hits 60% as Altcoins Struggle Amid Market Stagnation
Bitcoin’s market dominance has surged to nearly 60%, reaching a four-year high as ethereum and altcoins continue to underperform. With low volatility and macroeconomic uncertainty, traders remain cautious, awaiting concrete policy shifts. Correlation Between Bitcoin and Equities Remains Strong Due to Macroeconomic Uncertainty Bitcoin is once again asserting its dominance, climbing to 60% market share,Source link
Bitcoin’s Final Million: 20 Million BTC Milestone to Precede 2028 Halving
Not long ago, the Bitcoin blockchain released 94.42% of its total supply, leaving only—or 174,583.24 bitcoins—to be mined until 20 million are in circulation. Calculations indicate that this milestone will be reached before the fifth Bitcoin halving, expected to occur in April 2028. Algorithmic Scarcity: Bitcoin Nears 20 Million The commonly cited total supply ofSource link
Australian Police Bust Gang Targeting Crypto ATMs, Trading Cards
Four have been arrested after police dismantled an organized crime ring that targeted cryptocurrency machines across Melbourne.Source link
Ether Rally Turns Into Crypto Market Slide With Bitcoin Slipping Below $96K
Ethereum's ether (ETH) showed strength through the weekend, spurring investor hopes of a break in its lackluster price performance, only to foreshadow a market-wide decline.In a muted trading session due to the U.S. holiday, ether ground as much as 7% higher to a Monday session high of $2,850, outperforming the rest of the crypto market. Then, it gave up most of the gains, dropping back to $2,730 as the broader market fell, with bitcoin (BTC) falling to $95,500 from just above $97,000. Still, ETH held onto its 2% advance over the past 24 hours, while the CoinDesk 20 Index and BTC were about 2% lower.Traders were quick to point out past occasions, like late January and early February, when a...
Bitcoin, Ethereum Investment Products Bleed $430 Million as Inflation Concerns Flare
Bitcoin investment products are now taking a step back in terms of monthly inflows after Fed Chair Powell expressed caution.Source link