During the 2016-2017 bull run, Bitcoin experienced a huge decrease in dominance of around -62%, following the halving in July 2016. It took approximately 550 days after the halving for the bull run to happen.
2024-2025
Looking ahead to predict bull run in 2024-2025, it is expected that Bitcoin dominance will decrease by around -36% following the halving in April 2024. The bull run is expected to potentially end around June 2025, approximately 450 days after the halving.
2024-2025
Looking ahead to predict bull run in 2024-2025, it is expected that Bitcoin dominance will decrease by around -36% following the halving in April 2024. The bull run is expected to potentially end around June 2025, approximately 450 days after the halving.
Notice of Delisting/Removal of Spot Trading Pairs - 2024-05-31
To protect users and maintain a high quality trading market, Binance conducts periodic reviews of all listed spot trading pairs, and may delist selected spot trading pairs due to multiple factors, such as poor liquidity and trading volume.
$MANTA Network Focus on Sustainability and Ecosystem Growth
TVL Decline and New Strategy:
TVL dropped due to high yields offered by other L2 projects. Users prioritized short-term gains over ecosystem development. Manta is shifting focus from excessive token rewards to sustainable solutions.
Introducing CeDeFi:
Launched CeDeFi products offering high and stable returns on BTC, ETH, and stablecoins. Provides a more durable alternative to token subsidies.
Partnered with USDM, a compliant native yield stablecoin. Joined Hong Kong Cyberport to attract financial institutions.
Ecosystem Development:
Over 200 ecological projects and 50+ DeFi projects on DefiLlama. Focus on fostering collaboration and product iteration within the ecosystem. Acknowledging past issues with project coordination and airdrops.
Infrastructure Development:
Integrating type-1 prover and aiming for multi-prover within OP Stack. Promoting RWA integration at the zk application layer. Exploring decentralized sequencers and other advancements.
NVIDIA's strong earnings report is a positive sign for the AI industry
Their success, particularly their dominance in the AI chip market
Could lead to a positive ripple effect for AI-focused cryptocurrencies (AI coins)
Report
The company's revenue for Q1 2024 surpassed expectations, indicating strong demand for their AI products
Their announcement of a stock split further bolsters investor confidence
NVIDIA's impressive growth over the past 25 years demonstrates the potential of AI market
Why This Matters for AI Coins:
There might be a repeat of the situation when NVIDIA's AI conference coincided with a surge in AI coin value
Increased investor interest in AI due to NVIDIA's success could lead them to explore AI coins as well
Keep an eye on AI coins. NVIDIA's success suggests there could be positive momentum in the sector, but always do your own research before making any investment decisions, not guaranteed ✍️
Many #crypto traders bounce between ideas, chasing the next hot tip. This emotional rollercoaster leads to missed opportunities to grow their portfolio. The secret weapon? Consistency 👍 Consistency
How to be consistent?
Develop a trading strategy based on research and your risk tolerance 👏 Stick to your plan during wins and losses – emotions can cloud judgment 🤛 Track your results and learn from your trades 🤗
The reward? Compounding! By consistently making smart choices, small wins snowball into significant gains over time.
Maximize your profits in this bull market with this simplified guide by frmnCapital
Bitcoin Dominance (BTC.D) is Key:
Strong Uptrend: Bitcoin dominance is currently rising, with clear higher highs and higher lows (good sign for Bitcoin!).
"Hold BTC, Add Alts on Dips"haven Phase: Now's the time to hold onto Bitcoin while strategically buying altcoins during price dips. Bitcoin tends to hold value better during corrections, making it a safe haven.
Shifting Structure: The Altseason Signal
Dominance Watch: Keep an eye on BTC.D. Once it reaches the 65-70% zone, it's time to consider selling some Bitcoin and buying altcoins. This could signal the beginning of altseason, where altcoins tend to outperform Bitcoin.
Profit Taking: When dominance falls below 40%, it might be wise to sell your altcoins and convert them back to cash (USD) to secure profits.
This is a simplified cycle, and the crypto market is complex.
Always do your own research before making any investment decisions.