Cryptocurrency Risk Hammered Bitcoin Dominance

As ‘hammered’ cryptocurrencies’ risk rises, Bitcoin’s dominance reaches a three-month high

Bitcoin dominance hits 3-month high as ‘hammered’ altcoins risk dive Bitcoin’s dominance of the cryptocurrency market has reached a three-month high, as investors flee riskier altcoins. Bitcoin’s market cap dominance, which is calculated by dividing its market cap by the total market cap of all cryptocurrencies, hit 51.35% on Oct. 9, 2023. This is the…

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Bitcoin Price Risk

At risk for Bitcoin’s price? Positive ‘golden cross’ confirmed by US Dollar Index

Bitcoin Price at Risk? US Dollar Index Confirms Bullish ‘Golden Cross’ Bitcoin and US Dollar Index charts The US Dollar Index (DXY) has confirmed a bullish “golden cross” pattern, which could pose a challenge to Bitcoin (BTC) and other cryptocurrencies. A golden cross is a technical analysis pattern that occurs when a short-term moving average…

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Robinhood Bitcoin Acquisition Market Impact

What does Robinhood’s $3 billion acquisition of Bitcoin over the course of three months mean for the markets?

Robinhood Accumulates $3B of Bitcoin in 3 Months — What Does This Mean for Markets? Robinhood, the popular stock trading app, has accumulated over $3 billion worth of Bitcoin (BTC) in the past three months, according to data from Arkham Intelligence, a blockchain analytics firm. This makes Robinhood one of the largest holders of Bitcoin…

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Cryptocurrency Developer Strategy

For the next five to ten years, cryptocurrency developers should “give up” on serving US clients, according to the founder of DYdX

Crypto Builders Should ‘Give Up’ Serving US Customers for 5-10 Years — DYdX Founder Antonio Juliano, the founder of decentralized exchange dYdX, believes that crypto builders should focus on serving markets outside the United States for the next five to ten years. He argues that the regulatory uncertainty in the US is not worth the…

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Crypto Search Volume Declines

Google’s “crypto” search volume declines to 2020 levels while BTC attitude remains unchanged

Google Searches for ‘Crypto’ Fall to 2020 Levels as BTC Sentiment Neutral Google searches for the term “crypto” have fallen to 2020 levels, according to data from Google Trends. This suggests that interest in cryptocurrency is waning, as the market remains in a bear trend. Bitcoin (BTC) sentiment is currently neutral, according to the Fear…

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