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Noted analyst Benjamin Cowen says Bitcoin (BTC) is likely to continue outperforming altcoins for the foreseeable future. In a new strategy session, Cowen looks at Ethereum in the Bitcoin pair (ETH/BTC), which is often used as a measure of altcoin strength. According to Cowen, ETH/BTC is in the process of bottoming out, but Bitcoin Dominance (BTC.D), which compares Bitcoin’s market cap to the market cap of all digital assets, continues to rise and could potentially peak. We predict that there is a possibility that 60% level. Cowen says many altcoins will capitulate against Bitcoin before BTC.D hits its all-time high.…

Speculation surrounding the SEC v. Ripple case has increased after a notice of appeal was filed on October 3, with experts issuing conflicting opinions on the possibility of a formal appeal. Former SEC lawyers believe the SEC’s consistent approach means its decisions are unreasonable. The increase in fines by $125 million was the motive. CNF recently reported that the U.S. Securities and Exchange Commission (SEC) filed a notice of appeal with the state Court of Appeals for the Second Circuit. According to an SEC spokesperson, the commission’s decision was based on its observation of inconsistencies between parts of Judge Annalisa…

As Israel marks one year since the Oct. 7 Hamas attack, global stocks were mixed on Monday, with crude oil on the decline after the Israeli military said a projectile fired from Gaza set off a siren in central Tel Aviv. Prices have risen.After a day of strong stock price gains in Asian markets, stock prices fell in European markets. Paris’ CAC40 index fell 0.1% to 7,530.43. Germany’s DAX fell 0.3% to 19,059.46, while London’s FTSE 100 index fell 0.1% to 8,275.18.Futures for the S&P 500 and Dow Jones Industrial Average fell 0.4%.Asian stocks posted strong gains after a surprisingly…

Tether has over 350 million users worldwide and celebrates 10 years of global adoption and stablecoin dominance October 7, 2024 – Tether, the digital asset industry leader, celebrates 10 years of pioneering progress and innovation that has shaped the evolving digital asset landscape. Since its founding in 2014, Tether has revolutionized finance by introducing the world’s first stablecoin, bridging traditional currencies and the rapidly growing digital asset market. Over the past decade, Tether has pioneered stablecoins, expanding into a diverse technology powerhouse and setting new standards for financial access, innovation, and stability. Since its inception, Tether has introduced the groundbreaking…

11:05am ▪ 2 minute read ▪ Written by Fenelon L. Cryptocurrency markets got off to a strong start this week following better-than-expected U.S. economic data. Bitcoin, the locomotive of the sector, has surpassed the $64,000 level, reaching an unprecedented high in months. Economic conditions favorable for Bitcoin Last Friday’s release of US employment data was unexpected. The unemployment rate fell to 4.05% in September, well below the 4.2% expected by analysts. This news sparked optimism in financial markets, from which Bitcoin greatly benefited. “These numbers reinforce the outlook for a strong economic recovery by the end of the year,” said…

Cryptocurrency market predictions for 2025 show XRP jumping to $10, RCO Finance to $5, and Solana to $1000. See this article for more information. As we head into 2025, crypto enthusiasts and investors are looking for the next big crypto market move. XRP price, RCO Finance (RCOF), and Solana (SOL) are among the most watched tokens. There are predictions that XRP price could reach $10, RCOF soar to $5, and Solana soar to $1,000, but the question is how likely are these predictions to be true? That’s what it means. Let’s take a look at why experts maintain positive sentiment…

The evolving cryptocurrency market makes it easy for investors to make quick trades with minimal fees. However, the volatility of cryptocurrencies can make it difficult to use them as payment gateways, which may cause hesitation among investors. Stablecoins help solve this problem by preventing volatility in cryptocurrencies. Stablecoins are tied to an underlying asset and are designed to maintain a fixed value, known as a peg. Therefore, unlike other crypto assets whose prices fluctuate, stablecoins are always fixed at the value of the less volatile asset. The stablecoin you choose to invest in will greatly influence which lending platform is…

The Securities and Exchange Commission (SEC) approved a Bitcoin spot exchange-traded fund (ETF) earlier this year, which attracted the attention of investors. Capital inflows into these funds caused Bitcoin’s value to rise rapidly, soon reaching an all-time high and breaking a long period of stagnation in the crypto market.Donald Trump and Kamala Harris are tied with crypto supporters, according to Coinbase pollA few months later, financial watchdogs approved the EtherSpot ETF, and many analysts predict it could garner even more interest from investors. This optimism stems from the widespread application of the Ethereum blockchain, especially in decentralized finance (DeFi) and…

In a move that surprised market analysts, an Ethereum whale recently removed an astonishing amount of ETH worth $3.2 million from cold storage. This move marks a new beginning for her strategy. Monitoring Whale’s buying activity are the most active participants in the market, and this time, Whale is converting his ETH into XRP, SOL, and other fast-growing cryptocurrencies currently selling for $0.05. I decided to change my strategy by exchanging to RXS. . The latter occurs at a time when markets are highly volatile, companies like Ethereum face intense competition from new projects, and investors are looking for new…

Recent on-chain data analysis reveals that the TRON network is currently the fastest blockchain in terms of transactions per second (TPS) and is primarily powered by stablecoin activity. Ta.A comparative visualization of major blockchains such as Bitcoin, Ethereum, TRON, and Polygon shows that TRON consistently leads in transaction volume.TRON has an impressive TPS rate of 85, significantly outperforming its competitors. Bitcoin has a processing speed of about 7 TPS, Ethereum has a processing speed of 14 TPS, and Polygon has a processing speed of about 30 TPS.96% of TRON network transactions are related to stablecoinsWhat sets TRON apart is not…