The crypto world is buzzing with speculation: Is Bitcoin's reign coming to an end? Chipmakers Recent market data indicates a change in power dynamic, with altcoins such as Ethereum and Cardano pursuing upward momentum. This article examines some of the threads that might unravel Bitcoin’s dominance. Plus, grab new, actionable...
Bitcoin’s market dominance continues to climb, recently touching 64%, its highest level in more than four years. This resurgence is an important sign post in the cryptocurrency realm. This further illustrates Bitcoin’s strong market position and its increasing dominance over the rest of the cryptocurrency space. The increase has some...
Let's be honest, the crypto market can feel like a Parisian salon – everyone's got an opinion, and the stakes feel awfully high. Everyone’s eyes are on Bitcoin right now. I’d like to take a moment to illustrate just how much Ethereum’s future—and the fate of most altcoins—rests on what...
Forget the hype. Ditch the hopium. Today, I want to tell you why all the hype over an “altcoin season” is just that—hype. At least for now, that won’t add up to much. As an implausibly lucky analyst based in Tokyo, I think about this a little differently. I’m not...
Bitcoin dominance. You may have seen this saying floating around, but do you understand its deeper implication. Most importantly, what does it mean for your portfolio! Specifically, it’s about Bitcoin’s market capitalization compared to the combined market capitalization of all other cryptocurrencies. When Bitcoin dominance goes up that just means...
Analyst and daytrader Benjamin Cowen is bullish on Bitcoin continuing to lead the charge above altcoins. He argues that this trend will go on until the Fed eases its monetary policy. With 892,000 YouTube subscribers, Cowen doesn’t pull his punches. He thinks what the Federal Reserve does, particularly in terms...
The Federal Reserve isn't just influencing the crypto market. It's strangling the life out of altcoins, and Bitcoin is the unintended beneficiary. Think of a standard David vs. Goliath matchup. This time, though, Goliath is wearing a suit and tie and sitting at the money printer. Even if you hate...
Meanwhile, the crypto world continues to buzz with innovation and speculation. In the proverbial eye of a needle, you can create—or destroy—a billion dollars! In the midst of all this tumult, understanding the signals from the noise has never been more important. BlockOpulent.com is your trusted, decentralized, and encrypted doorway...
In fact, former Securities and Exchange Commission (SEC) Chair Gary Gensler has been sounding the death knell for many altcoins. He thinks that currently the crypto space is driven largely by sentiment and not underlying value. Further, Gensler made a distinction between Bitcoin and other cryptocurrencies, conceding that the latter...
Alabama’s move last minute to delay a vote on four crypto-friendly bills has shook waves across the blockchain industry. The delay raises some big questions about how the state is handling digital assets. It further calls into question the long-term impact of cryptocurrency adoption in the region. BlockOpulent is here...