crypto

Historically, drops in BTC dominance have preceded weakness in crypto markets. In 2017, when BTC made record highs, the coin’s dominance was about 60%. Several weeks later when ETH made record highs, BTC dominance had fallen to roughly 35% and BTC’s price to around USD 14,000. 
Ethereum Classic (ETC) added roughly USD 8.6 billion to its market cap over the past week. The move is despite major technical issues faced by the network over the past year that’s typical of recent alt-coin action with little fundamental justification.
Crypto mining firm Marathon Digital Holdings has launched a mining pool it claims will be fully compliant by only processing transactions that “meet U.S. regulatory standards.” We review what the application of such compliance measures could mean for BTC.
Ethereum has achieved new all-time highs of about USD 3,400. The move coincides with recent endorsements of ETH that tend to overlook mid-term technical uncertainty for the network.
Facebook’s stablecoin project, Diem, is due to begin a pilot test this year, according to CNBC. The project and digital currency, initially referred to as Libra, has since been renamed to Diem and has walked back many of its original features due to regulatory scrutiny. 
Tether (USDt) has surpassed a market cap of USD 50 billion. The world's largest stablecoin has added an unprecedented 45 billion to its market cap in the last year, growing assets 10x.
Given all of the uncertainties in the markets and volatility over the past year due to the pandemic, traders should look to diversify and have a well-rounded portfolio. Cryptocurrencies are here to stay, so why not add a piece to your strategy?
The USDt balance on the Tron network (USD 25.9 billion) has surpassed Ethereum’s USDt balance (24.4 billion) for the first time. The change comes as USDt surpasses USD 50 billion in market cap and highlights the degree to which blockchain applications are agnostic to the network they’re deployed on.
In the past several weeks, Charles Schwab, NatWest, and HSBC have expressed caution over the adoption of crypto. While the asset class has seen accelerated adoption, there remains plenty of institutional reservation.
After BTC achieved a record high of roughly USD 64,500 on April 14, the asset, along with the broader crypto market, saw an aggressive sell-off. The move was preceded by alt-coin outperformance that added an estimated USD 373 billion to crypto market cap ex-BTC in the past 3 weeks.