The latest Empire newsletter examines the performance of Ethereum (ETH) and Solana (SOL) against Bitcoin (BTC). Both cryptocurrencies show strikingly similar trends in their BTC ratios, having experienced sharp price spikes during their initial bull markets before facing declines. While ETH has recently entered a bear Market with negative year-on-year returns, SOL’s performance has been ...
Cryptocurrency trader Willy Woo recently addressed the crypto community about Bitcoin’s dominance in the Market. As of February 17, Bitcoin’s share of the overall Market capitalization reached about 60.6%. This followed a notable increase after a dip in dominance during 2017 when it fell to 41%. Factors contributing to Bitcoin’s recovery include the launch of ...
AI agent tokens in the cryptocurrency Market have faced a significant decline, losing over $14.23 billion in Market cap in just a month. Once a rising trend, these tokens now show drops of 75% to 90% from their peak values, which reached $20.45 billion in mid-January. Recent data reveals that the total Market cap for ...
On January 23, 2025, Bitcoin experienced a slight pullback amid Market volatility, hovering between key levels of $90,000 and $110,000. The $110,000 mark is crucial for traders, as breaking above it could lead to prices reaching $115,000 or even $120,000. With $100,000 serving as a solid support level, many believe the Market is finding value ...
Bitcoin hit a remarkable $46 billion in spot trading volume on a recent holiday Monday, marking the largest volume logged during a weekend. This jump came alongside a new record high price of $109,356. However, the excitement was short-lived as Bitcoin quickly fell below $100,000. The Market’s optimism waned due to the U.S. government’s lack ...
Solana is currently facing congestion issues caused by increased activity from meme coins like $TRUMP and $MELANIA as well as AI agents. In recent reports, transaction failures have doubled, while average fees have surged and block utilization has dipped below 20 million. Despite these challenges, Solana remains a leader in meme coin speculation and AI ...
Ethereum (ETH) has recently surpassed the $3,670 resistance level, inspiring optimism that it could finally break the stubborn $4,000 barrier. Market analysts, including Trader_XO, believe that this might be ETH’s fourth attempt to conquer the $4,000 mark, and they point to a bullish inverse head-and-shoulders pattern as a potential indicator of a significant price reversal. ...
Bitcoin is currently trading at around $96,500, slightly down after a recovery of over 2.5% this week. Historically, January has shown modest returns, averaging 3.35% for Bitcoin. On-chain data indicates that the current Market phase is a cooling-off period rather than the end of a bull run, despite some weakening institutional demand. The Bitcoin Spot ...
Michael Saylor, the Executive Chairman of MicroStrategy, has given cryptocurrency investors a reason to pay attention to Bitcoin. Despite the mixed feelings surrounding crypto, Saylor remains a strong advocate, particularly for Bitcoin. In a recent CNBC interview, he suggested that President-elect Donald Trump is serious about establishing a strategic Bitcoin reserve, which could potentially influence ...
On Thanksgiving four years ago, the cryptocurrency world faced a significant downturn known as the “Thanksgiving Day Massacre.” Between November 24 and 27, 2020, Bitcoin’s price dropped from around $19,500 to $16,200, a nearly 17% fall. However, if you had invested $1,000 during this dip, buying about 0.0617 BTC, your investment would be worth approximately ...
