Blockchain 

Bitcoin Dominance at 70% | BTC Surges Amid Economic Uncertainty

Bitcoin has always dominated the cryptocurrency market. But for the first time since December 2017—when Bitcoin was valued at $20k per coin—Bitcoin dominance is nearing 70%. It’s a significant indicator of the current sentiment surrounding the world’s largest digital asset. It also leaves a sizeable question mark over the future of the hundreds of altcoins that comprise this market. Bitcoin Dominance Rating Bitcoin’s market cap of $217.91 billion now covers 69.93% of the total cryptocurrency market according to NewsBTC. Comparatively, at its lowest in January 2018, after Bitcoin price plunged…

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Blockchain 

Ethereum (ETH) Surges As 20,000 ETH Order Triggers Buying Spree

Ethereum (ETH) has recovered after plunging below the $200 level on surging bearish pressure early in the week. A rebound past the $220 mark comes amidst reports of a buy order for 20,000 ETH on Binance exchange. Ethereum Whale Order Ethereum had initially slumped to the $190 level after a big trading group reportedly placed a sell order for 15,000 ETH. The sell order went on to rattle traders, triggering a massive sell-off in the broader cryptocurrency sector. Just like Ethereum, Bitcoin also attracted some selling pressure, consequently plunging below the…

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Blockchain 

Bitcoin Price | Short Sellers Surprised as Bitcoin Surges Another 4.5%

Those who betted that Bitcoin’s bull run was over were hit with a surprise today. According to Reddit, over $44 million USD was lost on BitMEX due to short sellers betting on a Bitcoin price decline. The largest digital asset by market cap surprised investors with another climb up the charts. At 10 am UTC, Bitcoin surged 4.4% and almost breached the $12k mark on CoinMarketCap. Bitcoin Price Surges 4% Bitcoin is currently selling for $11,862 USD on CoinMarketCap; however, Cointelegraph reports: “On major exchanges, USD spreads meant bitcoin was…

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Blockchain 

Dogecoin Surges 37% on Binance Listing, Major Moves for Altcoins

Dogecoin is surging today, up 37% in earlier trade, on the news that Binance—the world’s leading cryptocurrency exchange—has listed it. Dogecoin is one of the most popular digital currencies out there and currently trades at $0.003769 USD per coin. Now, some are speculating if this momentum will help to drive an oncoming altcoin season. Dogecoin is Now on Binance Also dubbed the “memecoin,” Dogecoin was initially created by Billy Markus and Adobe’s Jackson Palmer as a joke alternative cryptocurrency to Bitcoin. The pair had never expected how big it would grow and…

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Blockchain 

Ripple Surges Over 20% | Months of Underperformance Over?

The past few weeks have been disheartening for Ripple (XRP) investors who have been watching as  Bitcoin and other cryptocurrencies continue to surge as XRP continues to experience a spell of sideways trading at $0.30. Ripple Breaches $0.40 Mark It seems the disappointed may be over as Ripple has finally managed to break out of the lower trading range by surging over 20% to above $0.40 mark. XRP is currently trading at $0.42, up 30% over the past 24 hours. Ripple has a market capitalization of $4.90 billion. Before surging…

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Blockchain 

Bitcoin Price Surges to a New 2019 High

The crypto market has been surging this week and Bitcoin price continues to pull up, breaking through resistance to establish a new 2019 high. Its market capitalization is increasing, reaching around $180 billion. Bitcoin Breaks Resistance According to TradingView, Bitcoin surprised many in the past week after breaking resistance and surging to $5,640. In the last trading session, Bitcoin price gained 4%, surging from $5,480 to $5,640. A crypto asset trader who is known as “Crypto Rand” has indicated that Bitcoin is likely to increase to $6,000 based on the…

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Cryptocurrency 

Crypto News | EOS Surges and Ripple Exec Not Phased by Bull Market

In today’s edition of crypto news, we’ll cover why EOS is surging and the details behind why a Ripple executive isn’t phased by the current crypto bear market. EOS Surges as Other Coins Fall EOS is currently leading the top 40 cryptocurrencies for total market gains this weekend. The world’s seventh-largest cryptocurrency project has received a wave of criticism as of late for its lack of decentralization. This weekend, EOS jumped up more than 16%. At this time, it remains unclear why the coin surged so much. Coinbase is exploring the…

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