Bitcoin Dominance Reclaims 60% as Altcoins Continue Downtrend
Bitcoin’s (BTC) dominance—an indicator of its market share within the cryptocurrency sector—surged past 60% on February 2, coinciding with a broad market downturn triggered by newly announced trade tariffs from U.S. President Donald Trump. Alternative cryptocurrencies, or altcoins, bore the brunt of the decline, with Ethereum (ETH) slipping by approximately 9.3% over the past week, […]
Kraken to Remove Tether (USDT) and Four Other Stablecoins in Europe
Kraken, one of the leading cryptocurrency exchanges, is adjusting its operations in Europe to align with the European Union’s Markets in Crypto-Assets Regulation (MiCA). As part of this compliance effort, the exchange has announced plans to delist five stablecoins, including Tether’s USDT. Kraken Phases Out USDT and Other Stablecoins According to an official statement, Kraken […]
