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Bitcoin Dominance on the Rise: Is the Market Freezing or Just Preparing for a Rebound?

In the last month, Bitcoin (BTC) has been reclaiming its dominance in the cryptocurrency market and reached an important milestone as its market share crossed 60% on February 2, 2025. This resurgence has brought forth some new conversations among analysts and traders because the cryptocurrency market appears to be shifting from a phase of rapid expansion to a more stagnant period. Now, Bitcoin's dominance is on a steady rise, while other coins are not maintaining much momentum. The projects that could be called its "copycats," the meme coins, and a fresh batch of newly launched altcoins are showing, if not outright stagnation, then certainly some signs of weakness. They have been underperforming, and in some cases, these new tokens have even collapsed upon their launch. At least two altcoins are down more than 60% this week and another is down […]

Will Izuchukwu March 11, 2025

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Hackers Launder $1.39 Billion Stolen from Bybit, Impacting ETH Price and THORChain’s Transaction Volume

In a well-coordinated cyber heist, hackers have successfully laundered an incredible 499,000 ETH, valued at around $1.39 billion, taken from the cryptocurrency exchange Bybit. The laundering process, which lasted 10 days, used several advanced methods and made ample use of mixers to obscure the heist's trail. Despite serving as a massive wake-up call about the security of digital assets, the hack has managed to impact the cryptocurrency market in a big way. While the price of Ethereum (ETH) is down around 23% during the same period as the hack, the price of many other cryptocurrencies is down, too. The Complex Money Laundering Operation The scheme to steal from Bybit, one of the top crypto exchanges, was large and messy. Almost 500,000 ETH got taken. And as you can imagine, moving that much cryptocurrency into the real world is hard to […]

Will Izuchukwu March 5, 2025

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Bitcoin Dips Below $80K: Is a Bounce Imminent or Are Further Losses Ahead?

The world’s leading cryptocurrency, Bitcoin (BTC), has dipped significantly beneath the $80,000 mark to cause worry among traders and investors. This drop has induced a decline in the percentage of Bitcoin currently in profit, which now stands at about 75%. As Bitcoin’s price approaches a crucial demand zone—it needs to hold at or above $69,000, the previous all-time high many analysts are now using as a marker—investors are asking whether it will hold, bounce back from here, or keep on sinking. https://twitter.com/intotheblock/status/1895392461692010874?t=JBR7D_7qeWenQkPBAsT6lg&s=19 Alongside the recent price movements, there's been a significant change in how people perceive the market. Price changes like this usually make people in the market stop and rethink what's going on. They're perceived as times when we might need to look around a bit more to see if there's something we're not seeing or if there's something […]

Will Izuchukwu March 4, 2025

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Crypto Market Faces One of Its Toughest Februaries, But March Brings Hope for Recovery

2025 is already a very challenging year for the cryptocurrency market, with February proving to be one of the recent most difficult months. Two of the most important cryptocurrencies in the space, Bitcoin (BTC) and Ethereum (ETH), suffered steep losses that have raised serious concerns about the possibility of further downturns occurring in March. Yet, in spite of this setback, there are signs that the cryptocurrency market as a whole is beginning to recover. February's Harsh Setback: BTC and ETH Struggle February 2025 was particularly harsh for Bitcoin, as it turned out to be its most miserable month in over ten years. The cash currency recorded a sharp decline of 17.39% for the month, marking the steepest drop in the month of February since 2013. This downturn has left traders and investors reeling. Mixed emotions have resulted in doubts being […]

Will Izuchukwu March 4, 2025

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Hyperliquid ($HYPE) Leads the Charge in Transaction Volume, While Whale Accumulates $HYPE Tokens

In the rapidly changing world of blockchain technology, the top blockchain contenders continue to vie for the top slot based on the sheer number of transactions recorded. In this contest, an apparent newcomer—Hyperliquid—has recently emerged as the new champion, even beating some well-established networks (notice the parentheses here, which cleverly set up the next list) to take the top prize. (Hyperliquid is so new that it needs a definition. The sentence following this list serves that purpose.) The number of transactions processed this past week on Hyperliquid's network, plus the volume of its native $HYPE token trading, is leading to some serious appreciation of Hyperliquid itself. Hyperliquid ($HYPE) Takes the Lead In the past week, Hyperliquid completed a staggering 3.27 billion transactions—far more than any of its competitors. Internet Computer is the next closest blockchain to Hyperliquid, and it has […]

Will Izuchukwu March 4, 2025

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