Laughing Hyena
  • Home
  • Hyena Games
  • Esports
  • NFT Gaming
  • Crypto Trends
  • Game Reviews
  • Game Updates
  • GameFi Guides
  • Shop
Tag:

dominance

European Technology Sovereignty Watch
Gaming Gear

Europe’s silent tech crisis deepens as entire industries run on American systems while sovereignty slogans collapse under Washington’s shifting political winds and corporate dominance

by admin August 25, 2025



  • European firms are deeply locked into foreign office suites and systems
  • American platforms manage the communication backbones of Europe’s largest corporations
  • Reliance on external providers exposes utilities and healthcare to foreign oversight

For years, European governments and corporations leaned heavily on American technology offerings instead of nurturing local alternatives.

That choice now carries visible consequences, as sanctions and shifting trade rules brought in by the Trump administration drastically reshape the balance of power.

A recent analysis of business email domains across Europe by Proton shows a striking majority of publicly listed firms rely on American providers such as Google and Microsoft.


You may like

Data reveals the depth of reliance

Behind the rhetoric of digital sovereignty, the reality is that much of Europe’s digital infrastructure rests on technology stacks that entities outside its borders control. This is not just about convenience software but also about essential systems that underpin finance, healthcare, and utilities.

Email may appear mundane, but it often serves as the gateway to office software, online collaboration platforms, and cloud-based storage.

When a company commits to a provider for email, it usually adopts the full suite, embedding foreign technology deep into its operations.

This trend is not limited to smaller economies but also includes the continent’s largest players, where dependence cuts across industries from energy and telecommunications to pharmaceuticals.

Sign up to the TechRadar Pro newsletter to get all the top news, opinion, features and guidance your business needs to succeed!

In countries like Iceland, Norway, Finland, and Sweden, over 90% of publicly listed companies rely on American services for email and related infrastructure.

However, the shocker is probably Ireland, which is at loggerheads with the US on several policies, but 93% of its businesses depend on American tech.

The UK, although mostly an ally of the US, has an alarming 88% of businesses relying on US tech, while other European heavyweights like Spain, Portugal, and Switzerland recorded 74%, 72%, and 68% of businesses relying on US tech, respectively.

Even France, which often champions its own autonomy, sees two out of three (66%) companies tied to US providers.

Eastern European countries like Bulgaria (16%) and Romania (39%) are the least dependent on American tech, and Russia is not even on the list of nations dependent on the US.

National security concerns emerge when utilities, transport systems, and healthcare facilities communicate through networks governed by foreign jurisdictions, but perhaps not when the network belongs to the US.

The reliance stretches far beyond convenience; it embeds itself in the very systems Europeans use every day – dependence on foreign technology does not just present a financial vulnerability; it raises questions about surveillance, geopolitical leverage, and the future of innovation.

AI training programs outside Europe’s control can sweep in sensitive business data, while reliance on external platforms exposes companies to warrantless legal demands.

This arrangement has also fostered a talent and capital drain, as engineers and investors direct their focus toward Silicon Valley rather than strengthening European ecosystems, whether through proprietary services or alternative Linux distros.

Some argue that American technology simply offers the best tools available, which may be true in terms of efficiency and global reach, yet the consequences of reliance are increasingly hard to ignore, since the US can turn off the switch at any time, and thousands of companies will be in crisis.

The fact that so many European firms cannot operate without American software demonstrates the fragile nature of Europe’s autonomy.

Rather than securing independence, Europe risks locking itself further into external dependencies at a moment when political winds in Washington are shifting.

You might also like



Source link

August 25, 2025 0 comments
0 FacebookTwitterPinterestEmail
Crypto Markets Today: Bitcoin Dominance Slip While Hyperliquid's Volume Soars to $3.4B
NFT Gaming

Crypto Markets Today: Bitcoin Dominance Slip While Hyperliquid's Volume Soars to $3.4B

by admin August 25, 2025



What would a market that refuses to rally sustainably on the back of positive catalysts be called? A weak one, presumably.

Looking under the hood, there is more than one single catalyst that's driving this market's volatility.

Bitcoin (BTC) has retraced back to roughly where it was before the Fed Chairman Jerome Powell spoke dovishly on Friday. More losses could be in the pipeline if the support near $107,500 gives way, technical charts indicate.

Meanwhile, spot and options market flows point to a rotation into ether from bitcoin.

“BTC dominance slipped from 60% to 57% on the rotation. While still above the sub-50% levels of the 2021 altcoin season, positioning is feeding talk that whales expect ETH to outperform. If staking ETFs for ETH win approval later this year, that narrative would gain further support,” Singapore-based QCP Capital said in its daily market update.

Derivatives Positioning

  • BTC and HYPE's global futures open interest have increased by 1% and 3%, respectively, in the past 24 hours, bucking the broader trend of outflows observed in other top 10 tokens.
  • Cumulative open interest in USD and USDT-denominated perpetual futures across leading exchanges such as Binance, Bybit, OKX, Deribit, and Hyperliquid remained flat on Friday despite the price rally. However, since then, open interest has risen from approximately 260,000 BTC to 282,000 BTC, indicating a “sell on rally” sentiment among traders.
  • The opposite is the case in the ether market, where the OI ticked higher during Friday's rally and has retreated with the price pullback. This pattern suggests a temporary pause in bullish momentum rather than the establishment of new short positions, indicating a bullish breather rather than a shift toward bearish sentiment.
  • Speaking of funding rates, except for ADA, most tokens see positive rates, indicating a net bias for bullish long positions.
  • Altcoin futures OI exploded by more than $9.2 billion in a single day on Friday, pushing the combined total tally to a new high of $61.7 billion. “Such rapid inflows highlight how altcoins are increasingly driving leverage, volatility, and fragility across digital asset markets,” Glassnode said.
  • On the CME, open interest in ether options hit a notional record high of over $1 billion on Friday. This follows a record number of large holders in the futures market early this month. Ether futures OI hit a new high above 2 million ETH.
  • Notional open interest in BTC options rose to $4.85 billion, the highest since April, as futures activity remained subdued.
  • On Deribit, BTC options continued to show a bias for puts out to the December expiry, contradicting the post-Powell bullish sentiment in the market. In ether's case, calls traded at a slight premium.

Token Talk

  • Hyperliquid hit a new 24-hour spot volume ATH of $3.4B, powered by surging BTC and ETH deposits and trading via Hyperunit.
  • This spike positioned Hyperliquid as the second-largest venue for spot BTC trading, across both centralized and decentralized platforms, with $1.5B in BTC volume alone.
  • Such volume milestones improve Hyperliquid’s appeal by proving its ability to handle institutional-scale order flow.
  • The platform’s architecture — built on HyperCore (Layer‑1 with HyperBFT consensus) and HyperEVM — delivers sub-second finality, high throughput, and EVM compatibility, making it highly attractive to both high-frequency traders and DeFi builders.
  • Its growing volume, especially in BTC spot markets, strengthens Hyperliquid’s value proposition as a liquidity layer in DeFi, reinforcing its “AWS of liquidity” thesis driven by performance and infrastructure depth.
  • Spot growth complements its perpetuals dominance—where the platform already captures 60–70% of DEX market share, delivering more on-chain revenue than even Ethereum.
  • High spot volume translates into real benefits for HYPE holders — its token benefits from regular buybacks funded by trading fee flows via its Assistance Fund, tying platform usage directly to long-term token value.

Read more: Here Is Why Bitcoin's Flash Crash May Signal Altcoin Season: Crypto Daybook Americas



Source link

August 25, 2025 0 comments
0 FacebookTwitterPinterestEmail
Altcoins
GameFi Guides

Time To Forget Altcoin Season? Bitcoin Dominance At This Level Is This Only Hope

by admin June 24, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Hopes of an altcoin season have been dashed after the Bitcoin price crashed below $100,000, and altcoin prices fell rapidly in response. The altcoin declines have been even more prominent, with most altcoins now sitting more than 70% below their all-time high levels. During this time, the Bitcoin dominance has been rising rapidly, suggesting that all of the focus is still on Bitcoin right now. As the dominance rises, though, a crypto analyst has revealed what could trigger an altcoin season.

The Catalyst For The Next Altcoin Season

After the crash coming out of the weekend, the Bitcoin dominance shot up once again above the 66% mark to reach new 4-year highs. This showed that the altcoin season was nowhere close as prices fell across the board, and the altcoin market cap plummeted.

Highlighting the rise in the Bitcoin dominance, crypto analyst Rekt Capital pointed out why this increase is important. Highlighting a previous post on X (formerly Twitter), the analyst explained that the rise in the Bitcoin dominance is actually important if there is to be an altcoin season.

More importantly, the Bitcoin dominance would have to cross into the 70% territory before there is an end to the onslaught on the altcoin market. Pointing to historical performance, Rekt Capital mapped out the Bitcoin dominance being rejected at the 71% mark before the altcoin season can begin.

The post read: “If history repeats, the real Altseason everybody is waiting for would begin once Bitcoin Dominance rejects from 71%”

Source: X

What Happens To Altcoins If BTC Dominance Goes To 71%?

Given Rekt Capital’s call for the need for the Bitcoin dominance to rise to 71% before an altcoin season can begin, it has understandably raised questions around what this would mean for altcoins. As already seen, a continuous rise in the Bitcoin dominance would mean that the altcoin prices would continue to fall, and with prices already so low, it seems a lot of altcoins could crash completely.

The crypto analyst addresses this in another X post, explaining that the Bitcoin dominance rising to 71% would not mean altcoins would go to zero. He points to a similar trend back in February  2025 when the Bitcoin dominance rose 6% in one month. Despite this, altcoin prices did hold up until a recovery began.

Rekt Capital suggests that the market may react similarly to the way that it did back in February, pointing out that the road to 71% is less than what happened in February, at only 5.5%. Now, it’s just a waiting game to see how the market plays out in the next few weeks as hopes of an altcoin season continue to dwindle.

BTC dominance holds high above 65% | Source: Market Cap BTC Dominance on TradingView.com

Featured image from Dall.E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



Source link

June 24, 2025 0 comments
0 FacebookTwitterPinterestEmail
Dogecoin (DOGE) Down 5%, but Social Dominance Growing
GameFi Guides

Dogecoin (DOGE) Down 5%, but Social Dominance Growing

by admin June 21, 2025


Dog-themed cryptocurrency Dogecoin fell nearly 5% in the early Saturday session amid a market decline that resulted in $458 million in liquidations.

At the time of writing, Dogecoin was trading in red alongside the broader crypto market, down 3.63% in the last 24 hours to $0.1639. Dogecoin has steadily declined since reaching a high of $0.206 on June 11, just marking two days in green out of 10. The drop hit a low of $0.1584 in Friday’s session where Dogecoin found support.

Amid the recent drop, Dogecoin is drawing attention on social media, ranking among trending coins on Friday.

According to an X post by Santiment, coins that are driving markets and drawing the most social media attention include Dogecoin, which is being discussed about its unlimited supply and community-driven influence.

You Might Also Like

Dogecoin conversations center on its price volatility, mining profitability and comparisons with major cryptocurrencies, including Bitcoin and Ethereum. Users debate its market value, trading strategies and potential future price movements, including speculation about integration with platforms like Musk’s X.

What’s happening?

Elon Musk is moving X closer to becoming an “everything app,” with X CEO Linda Yaccarino saying on Tuesday that the platform might soon feature in-app investing and trading. Beyond trading, X will launch its long-awaited peer-to-peer payment system, X Money, which Musk announced in January, but there is no hint of crypto integration, including Dogecoin.

You Might Also Like

In ETF-related news, top analysts believe that numerous cryptocurrency spot ETF applications, including Dogecoin, could be approved by the end of the year.

According to James Seyffart, an ETF analyst at Bloomberg, approvals might come next month or in the late fall, but the question is now “when not if.” Dogecoin approval odds were indicated to be 90% by the end of the year.



Source link

June 21, 2025 0 comments
0 FacebookTwitterPinterestEmail
Jesse Hamilton
NFT Gaming

Can Tether’s Dominance Survive the U.S. Stablecoin Bill?

by admin June 17, 2025



Tether’s

is the world’s leading stablecoin. Its digital emulation of the U.S. dollar — 155 billion of them at last count — is unmatched. But as things stand, Tether almost certainly doesn’t fulfill the compliance demands of U.S. lawmakers as they’re expected to push legislation nearer to law on Tuesday afternoon.

Tether may end up with a choice to make: Jump through some serious hoops to reach compliance with the future law, or stand back and try to hold onto non-U.S. market share as the U.S. industry potentially increases in scale and the federal government takes its customary role in steering the regulatory demands of other jurisdictions around the world, according to the predictions of experts.

The Guiding and Establishing National Innovation for U.S. Stablecoins of 2025 (GENIUS) Act is the U.S. Senate bill that’s facing its final path toward passage on Tuesday, which is a first for major crypto legislation. It then heads to the House of Representatives to be approved or to be worked on. In the end, both chambers have to OK the same language for President Donald Trump to be able to sign it into law.

In its current form, the legislation leaves a path for foreign stablecoin issuers in the U.S., but it could be a complicated one. Broadly, if companies like Tether want to offer their tokens to U.S. users, they have to be regulated by a foreign regime that’s been approved as having similar standards as the U.S. Also — depending on the final language — they would likely need to register with and be overseen by the Office of the Comptroller of the Currency, a federal banking regulator, plus maintain “reserves in a United States financial institution sufficient to meet liquidity demands of United States customers” in a collapse.

All issuers overseen by the potential law would have to follow strict reserve standards, maintaining cash, Treasuries and other related, highly-liquid assets that match their issuance one-for-one. They’d also need to be reviewed monthly by a registered public accounting firm, and the results certified by the CEO and CFO of the company, meaning the top executives would face legal liability for misleading the public. That’s an unusually robust oversight that would require more frequent public assurances from stablecoin issuers than other financial institutions.

Additionally, the companies must meet the full suite of money-laundering controls faced by U.S. financial firms.

No Rush for Tether?

“I’m if I’m Tether, I’m not going to go rushing into the United States and say, ‘I’m sure I want to be part of this, and I want to play in this game,’ until I know what the regulations are,” said Steve Gannon, a lawyer who works with digital assets clients at Davis Wright Tremaine, in a CoinDesk interview. “The downstream impact to Tether, in terms of having to comply with those regulations, could be a very considerable investment of time, effort, people, money and technology.”

In the end, Tether — one of the most lucrative businesses in the world — may continue focusing on emerging markets, where the GENIUS Act would have little sway. Tether has recently located its headquarters in crypto haven El Salvador, which is obviously not one of the global standouts in financial regulation.

Still, the U.S. legislation gives tremendous discretion to the secretary of the Treasury Department to make calls on what countries have good enough regulations and whether certain firms might be granted various exemptions.

“The Trump administration, for example, could strike a reciprocity agreement with the Bukele regime in El Salvador, where Tether is based, allowing Tether full access to the U.S. market while sidestepping the requirements of the bill,” according to talking points released by the camp of one of the bill’s chief opponents, Senator Elizabeth Warren, the ranking Democrat on the Senate Banking Committee.

“It is hard to imagine El Salvador setting up a regime that is as sophisticated and as safe as whatever the United States regime would be, even as weak as this one is,” said Corey Frayer, director of investor protection at the Consumer Federation of America and a former crypto policy adviser at the U.S. Securities and Exchange Commission. “And yet they would still be eligible, by the current set of regulators, to be granted reciprocity and treated as though they were subject to the same standards.”

Despite their strong rhetoric, Warren and her allies were unable to stop many of their Democratic colleagues from backing the bill, which the proponents argue would at least start providing oversight and controls on this key part of the industry.

The bill’s critics argue it still allows a major loophole for unregulated foreign stablecoins to be circulated on decentralized crypto platforms in the U.S.

“Unfortunately, the GENIUS Act massively expands the marketplace for stablecoins while failing to address the basic national security risks posed by them,” Warren said in a speech last week on the Senate floor. “It also includes glaring loopholes that would allow Tether, a notorious foreign stablecoin issuer now based in El Salvador, access to U.S. markets.”

Tether’s U.S. Project

However, Tether CEO Paolo Ardoino has signaled in recent weeks that the company may not try to get its market-leading token into the U.S. as a direct issuer and instead is mulling a U.S.-based offshoot settlement stablecoin that could be fully regulated domestically.

U.S. regulation would be a lot to bite off for Tether, which isn’t anywhere near checking those boxes. The company didn’t respond to a request for comment on the GENIUS Act, but Tether warned its users in its online fine print updated this year: “if Tether fails to comply with changing regulatory regimes, Tether and its affiliates may be subject to regulatory actions, which may adversely affect Tether and its ability to operate.”

While the Senate progress is a massive and unprecedented policy win for the digital assets sector, a high amount of uncertainty remains, because the House will have its own say, and the more important companion legislation — the bill that would establish regulations for the rest of the crypto space — is still being worked out. Stablecoin issuers won’t get definitive answers about their U.S. rules until a law clears Trump’s desk and the relevant federal agencies then turn it into specific regulations.

“The path forward for foreign issuers will face two hurdles, neither of which are known at present: (1) what the final law allows foreign issuers to do vis-à-vis U.S. customers, and under what conditions, and (2) how any related regulatory discretion is exercised to permit or restrict access to the U.S. market,” said Richard Rosenthal, a principal at Deloitte who focuses on digital assets regulations in the banking sector, in an email to CoinDesk. “This is a politically contentious area, and it remains to be seen how this will play out.”

However, Frayer told CoinDesk that it’s unlikely that the House lawmakers will make things less palatable for Tether — especially in the face of the company’s ally in Trump’s administration, Commerce Secretary Howard Lutnick, whose former role atop broker Cantor Fitzgerald saw him managing Tether’s U.S. reserves.

“I don’t think there’s any world where the House forces anything that takes on Tether any further,” Frayer said, though he added that if giant non-bank competitors start launching stablecoins, such as Google and Amazon, “there may be some incentive for the House to do more on that issue.”

Competition circling?

U.S. company Circle and its

have been waiting in the wings to seize market share from chief competitor Tether, and Circle intends to be inside what some expect to be a U.S. crypto surge post-regulation. If institutional investors and traditional financial firms embrace digital assets as the industry hopes, Tether could miss out on that action if it continues to stay outside of the U.S. financial system.

Earlier this year, the U.S. SEC added some stablecoins to its growing list of crypto projects that the agency sees as landing outside its area of concern. However, there was a bit of a warning sign for Tether in the agency’s statement.

Even as the regulator — run by crypto-friendly leaders since the election of Trump — dismissed stablecoins as well outside its securities jurisdiction, it indicated in a footnote that appropriate stablecoin reserves “do not include precious metals or other crypto assets,” both of which are part of Tether’s reserves. The GENIUS Act explicitly declares that “payment stablecoins are not securities or commodities and permitted payment stablecoin issuers are not investment companies, but it’s not the law, yet.

Such considerations are technically outside of Tether’s concern in its current business model, which deliberately stays away from direct contact with U.S. customers. For now.



Source link

June 17, 2025 0 comments
0 FacebookTwitterPinterestEmail
BNB maintains exchange dominance; Lightchain AI gains influence among serious crypto buyers
Crypto Trends

BNB maintains exchange dominance; Lightchain AI gains influence among serious crypto buyers

by admin June 8, 2025



Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

As BNB continues to lead through exchange-driven dominance, Lightchain AI is capturing early momentum by building where it matters, on-chain, with infrastructure and investor conviction.

BNB continues to maintain its dominance across major exchanges, but Lightchain AI is quietly gaining influence where it counts, among serious crypto buyers looking for early momentum and real infrastructure. With all 15 presale stages completed and a Bonus Round now active at a fixed price of $0.007, Lightchain AI has already attracted nearly $21 million in participation.

Backed by an AI-native Virtual Machine, decentralized governance, and strong developer incentives, the project is earning traction without relying on exchange power. It’s not just available, it’s being chosen by buyers who see long-term potential and want in before the rest catch on.

BNB leads through centralized exchange ecosystem strength

BNB still dominates the centralized exchange space with strong on-chain behavior as well as strategic infrastructure upgrades. Q1 2025 witnessed a 58.1% quarter-on-quarter growth of network revenue on BNB Chain to $70.8 million, with a 122.6% increase in wallet-to-wallet transaction fees to become the highest revenue contributor over DeFi.

BNB Chain preserved its rank as the fourth largest cryptocurrency with market capitalization excluding stablecoins even though the market capitalization of BNB Chain decreased by 14.8% to $86.2 billion. Daily active users on the network surged 26.4% to 1.2 million, and average daily transactions jumped 20.9% to 4.9 million.

Technological innovations such as Pascal hard forking, EIP-7702 smart contract wallets, and BLS12-381 cryptography technology were added to BNB Chain to improve EVM compatibility and overall system scalability. Moreover, the BNB Good Will Alliance alone took actions in utilizing sandwich attack filtering which resulted in over 90% drop in these attacks on BNB Smart Chain.

The news reflects BNB’s mission to build an enhanced centralized exchange ecosystem and continue to play a leading role in the changing world of blockchain.

Lightchain AI builds credibility with strategic buyer engagement

Lightchain AI is building real credibility through strategic buyer engagement backed by visible delivery. With over $21 million raised and the Bonus Round underway, momentum isn’t just speculative, it’s earned.

High-value wallets are accumulating steadily, recognizing the value of a platform offering decentralized validator nodes, a live Developer Portal, and public GitHub access. Lightchain’s tokenomics reinforce trust, redirecting the original 5% Team Allocation into grants and infrastructure growth.

With the Meme Launchpad and core tools already active, Lightchain AI presents a transparent, scalable foundation for builders and investors alike. Strategic engagement here signals belief in long-term ecosystem strength, not just short-term hype.

Lightchain AI: Project smart investors should check out

Lightchain AI is turning heads, and for good reason. With a sharp design, flawless execution, and a team that delivers, it’s no wonder savvy investors are lining up. When it comes to strong leadership, a clear vision, and proven results, Lightchain AI checks every box. Interested investors can join the community of forward-thinking investors who see the future in Lightchain AI.

For more information on Lightchain AI, visit its website, X, or Telegram.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



Source link

June 8, 2025 0 comments
0 FacebookTwitterPinterestEmail
Google plans to appeal the antitrust ruling against its search engine dominance
Gaming Gear

Google plans to appeal the antitrust ruling against its search engine dominance

by admin June 1, 2025


The complex and consequential antitrust trial against Google and its search engine practices recently heard its closing arguments, and the tech giant is already planning to appeal. In a post made on X, Google confirmed it would file an appeal, explaining that the proposed solutions went too far and “would harm consumers.”

“We will wait for the Court’s opinion,” Google wrote. “And we still strongly believe the Court’s original decision was wrong, and look forward to our eventual appeal.”

To challenge Google’s dominance of the search engine market, the Department of Justice took on the tech giant by filing a lawsuit back in 2020. The monumental antitrust case has steadily evolved over the years, with the DOJ proposing remedies like Google opening up its search engine tech to licensing, prohibiting agreements with device makers like Apple and Samsung to ensure Google was the default search engine and forcing the sale of the Chrome browser and the open-source Chromium project.

According to Google, the Department of Justice’s proposed actions would open consumers up to “very real privacy issues,” leave the government in charge of user data and help “well-funded competitors.” Instead, Google offered to loosen its agreements to allow other search engines on devices and create an oversight committee to monitor the company’s activities.

Since then, the federal judge presiding over the case, Amit Mehta of the US District Court for the District of Columbia, ruled in August 2024 that Google had an illegal monopoly of the search engine market. The judge agreed with the DOJ that Google owning the Chrome browser gives it an unfair advantage since it could use its search engine advantage to drive more traffic and generate more revenue for the company.

The end result of this antitrust trial could have serious implications for the future of AI, which is closely tied to the search engine market. According to Google, this ruling could allow other companies with AI chatbots to step in and dominate the search engine market instead. During the trial, Nick Turley, an OpenAI executive, testified that the company would be interested in buying Chrome if Google was forced to sell it.



Source link

June 1, 2025 0 comments
0 FacebookTwitterPinterestEmail
Altcoin
Crypto Trends

Altcoin Season: Bitcoin Dominance Reaches Critical Level Above 64%

by admin June 1, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Despite the ongoing correction from its recent all-time high, Bitcoin’s dominance over the rest of the market has continued to hold steady in recent days. Notably, Bitcoin’s dominance in the crypto market has increased steadily in recent days, recently surpassing a significant threshold of 64% and exerting pressure on altcoins across the board. 

Although Bitcoin itself recently lost the $105,000 support level in the past 24 hours, the altcoin market witnessed dips throughout last week. However, this period of imbalance between Bitcoin and altcoins may not last much longer, especially as technical analysis suggests the dominance reaching 64% might be a turning point.

Bitcoin Dominance Taps Resistance: Exhaustion Ahead?

Crypto trader Astronomer shared an analysis on X, highlighting the 64% region as a crucial turning point for BTC.D. His chart, which outlines a possible path for Bitcoin dominance, shows that the metric has now entered a wide resistance block between 64.00% and 64.40%. This is important because this is a level that has rejected previous upside attempts throughout the past month.

Even with Bitcoin being the only cryptocurrency to print a new all-time high in recent times, the Bitcoin dominance has found it hard to break above 64% in May, which shows that the trend might be becoming exhausted. Notably, after bouncing just above 63.5% on May 28, Bitcoin’s dominance printed a lower high. The current price behavior mirrors those earlier moves, lacking the bullish strength needed to break higher. 

Source: Astronomer on X

If the projected path in the chart below plays out, the dominance could range slightly before beginning a rollover that takes it into the lower 63% zone and beyond. The trajectory on the chart suggests the decline could steepen in early June and finally open up the door for altcoins to thrive.

Altcoin Momentum Soon With Fading Bitcoin Dominance?

The chart outlook indicates that the Bitcoin dominance rally is nearing exhaustion. Despite recent losses across many altcoins, the projection structure suggests an imminent shift and a potential decline in Bitcoin dominance to 63.45%.

From here, the next step will depend on how Bitcoin reacts at this level. As it begins to unwind, this decline in Bitcoin dominance will likely coincide with an increase in the price of major altcoins, particularly in large market-cap altcoins like Ethereum, Solana, and Dogecoin. As such, this moment of topping out could finally be the early stages of a broader altcoin season.

At the time of writing, data from CoinMarketCap shows that Bitcoin’s dominance is currently at 63.5%, just above the crucial 63.45% point. A breakdown of Bitcoin’s dominance at this point could cascade into an altcoin season. Ethereum, on the other hand, has seen its dominance increase by 2.01% in the past 24 hours to 9.4% at the time of writing. However, the notion of a close altcoin season could crumble if Bitcoin dominance manages to make a monthly close above 64%.

Overall market cap excluding BTC at $1.14 trillion | Source: TOTAL2 on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



Source link

June 1, 2025 0 comments
0 FacebookTwitterPinterestEmail
CoinDesk 20 members’ performance
NFT Gaming

BTC Dominance Tops 64% While Options Indicate Bullish Tilt

by admin May 28, 2025



Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.

Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.

He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and SUN.



Source link

May 28, 2025 0 comments
0 FacebookTwitterPinterestEmail

Categories

  • Crypto Trends (958)
  • Esports (720)
  • Game Reviews (646)
  • Game Updates (840)
  • GameFi Guides (949)
  • Gaming Gear (908)
  • NFT Gaming (941)
  • Product Reviews (895)

Recent Posts

  • Bitpanda Considers Public Listing, Rules Out London as Destination: FT
  • Elon Musk Sues Apple, OpenAI Over iPhone AI ‘Monopoly’
  • The new entry-level Kindle Colorsoft is $30 off for a limited time
  • Borderlands 4 adds Razer Sensa HD haptics and Chroma RGB to its arsenal
  • Shiba Inu Fragile Despite Billions in Accumulation: Maxi Doge Is Better

Recent Posts

  • Bitpanda Considers Public Listing, Rules Out London as Destination: FT

    August 26, 2025
  • Elon Musk Sues Apple, OpenAI Over iPhone AI ‘Monopoly’

    August 26, 2025
  • The new entry-level Kindle Colorsoft is $30 off for a limited time

    August 26, 2025
  • Borderlands 4 adds Razer Sensa HD haptics and Chroma RGB to its arsenal

    August 26, 2025
  • Shiba Inu Fragile Despite Billions in Accumulation: Maxi Doge Is Better

    August 26, 2025

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

About me

Welcome to Laughinghyena.io, your ultimate destination for the latest in blockchain gaming and gaming products. We’re passionate about the future of gaming, where decentralized technology empowers players to own, trade, and thrive in virtual worlds.

Recent Posts

  • Bitpanda Considers Public Listing, Rules Out London as Destination: FT

    August 26, 2025
  • Elon Musk Sues Apple, OpenAI Over iPhone AI ‘Monopoly’

    August 26, 2025

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

@2025 laughinghyena- All Right Reserved. Designed and Developed by Pro


Back To Top
Laughing Hyena
  • Home
  • Hyena Games
  • Esports
  • NFT Gaming
  • Crypto Trends
  • Game Reviews
  • Game Updates
  • GameFi Guides
  • Shop

Shopping Cart

Close

No products in the cart.

Close