NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Crypto Bulls Rejoice: Congresswoman Confirms Powell’s Imminent Firing
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Crypto Bulls Rejoice: Congresswoman Confirms Powell’s Imminent Firing

Bitcoin Dominance Surges To 50% As BlackRock ETF Filing Fuels Investor Confidence

Semilore Faleti
Semilore Faleti
1 year ago
3 mins read
Bitcoin

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Bitcoin is again at 50% market dominance, indicating that the cryptocurrency now accounts for half of the total crypto market cap, valued at $1.052 Trillion.

According to data from Tradingview, Bitcoin’s total market dominance crossed above 50% yesterday, June 19, for the first time in months. 

The news of Bitcoin’s renewed dominance has driven much excitement across the crypto community, with many speculating on the reason for such market growth. 

However, one possible reason is the news of prominent global asset manager BlackRock filing for a Bitcoin Exchange Traded Fund (ETF) with the United States Securities and Exchange Commission (SEC). This move appeared to have boosted investors’ confidence upon announcement, causing BTC’s price to surge above $28,000 since last month.

According to data from CoinMarketCap, BTC is currently trading around $27,432.93, with a 3.13% gain in the last day. The token’s daily trading volume is also up by 83.39%, valued at $17 billion. Meanwhile, Bitcoin currently boasts a staggering market cap of $531.54 billion, covering over 50% of the entire crypto market. 

Bitcoin

Bitcoin Market Dominance At 50.63% | Source: Tradingview.com

Related Reading

Cardano

Cardano Poised For Consolidation In This Price Zone Prior To Attempting Reversal

2 years ago

BlackRock’s ETF Filling: An Influential Mainstream Move

The news of BlackRock’s Bitcoin ETF filing was seen as a major development in the crypto space drawing several reactions from crypto enthusiasts across the globe. 

Essentially, a Bitcoin exchange-traded fund (ETF) mirrors the fluctuations in Bitcoin’s price, granting investors exposure to the cryptocurrency without requiring direct acquisition. 

The foray of a traditional finance company such as BlackRock, with a valuation of $105.25 billion, into the realm of cryptocurrency carries immense significance.

There is even a belief among some industry figures that this ETF application will be accepted in a “short time” despite the high number of ETF rejections usually dished out by the SEC. This will be the first-ever spot market Bitcoin ETF certified by the SEC if approved. 

Related Reading

Ripple (XRP)

Why The Ripple General Counsel Demands Impartiality From SEC Staff

2 years ago

The Promising Prospects of A Bitcoin ETF

Bitcoin has experienced a significant amount of volatility since May 2021. The price of the number one cryptocurrency has fluctuated wildly, reaching an all-time high of over $68,000 before crashing to a low of $26,500.  

A Bitcoin ETF would be good news for investors as it provides an easy, secure, and regulated way to invest in Bitcoin and diversify their portfolios. Furthermore, a Bitcoin ETF will likely attract more institutional investors who were previously hesitant about getting into crypto because of custody and regulatory concerns.

The buzz surrounding the Bitcoin ETF continues to intensify, with additional news emerging that Fidelity Investments, an asset management powerhouse with assets totaling $4.5 trillion, is seeking a regulatory license to provide crypto custody services.

Featured Image: Binance Academy, chart from Tradingview
Tweet123Share196ShareSend
Semilore Faleti
Semilore Faleti

Semilore Faleti

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency.

Read more

Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems.

In two years of active crypto writing, Semilore has covered multiple aspects of the digital asset space including blockchains, decentralized finance (DeFi), staking, non-fungible tokens (NFT), regulations and network upgrades among others.

In his early years, Semilore honed his skills as a content writer, curating educational articles that catered to a wide audience. His pieces were particularly valuable for individuals new to the crypto space, offering insightful explanations that demystified the world of digital currencies.

Semilore also curated pieces for veteran crypto users ensuring they were up to date with the latest blockchains, decentralized applications and network updates. This foundation in educational writing has continued to inform his work, ensuring that his current work remains accessible, accurate and informative.

Currently at NewsBTC, Semilore is dedicated to reporting the latest news on cryptocurrency price action, on-chain developments and whale activity. He also covers the latest token analysis and price predictions by top market experts thus providing readers with potentially insightful and actionable information.

Through his meticulous research and engaging writing style, Semilore strives to establish himself as a trusted source in the crypto journalism field to inform and educate his audience on the latest trends and developments in the rapidly evolving world of digital assets.

Outside his work, Semilore possesses other passions like all individuals. He is a big music fan with an interest in almost every genre. He can be described as a “music nomad” always ready to listen to new artists and explore new trends.

Semilore Faleti is also a strong advocate for social justice, preaching fairness, inclusivity, and equity. He actively promotes the engagement of issues centred around systemic inequalities and all forms of discrimination.

He also promotes political participation by all persons at all levels. He believes active contribution to governmental systems and policies is the fastest and most effective way to bring about permanent positive change in any society.

In conclusion, Semilore Faleti exemplifies the convergence of expertise, passion, and advocacy in the world of crypto journalism. He is a rare individual whose work in documenting the evolution of cryptocurrency will remain relevant for years to come.

His dedication to demystifying digital assets and advocating for their adoption, combined with his commitment to social justice and political engagement, positions him as a dynamic and influential voice in the industry.

Whether through his meticulous reporting at NewsBTC or his fervent promotion of fairness and equity, Semilore continues to inform, educate, and inspire his audience, striving for a more transparent and inclusive financial future.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

8 Reasons To Check Out KuCoin’s $1M Affiliate Program

If you’re looking to safely earn passive income in crypto, KuCoin’s Affiliate Program is definitely worth your attention. Since launching...

NewsBTC 2 hours ago
봉크·솔라나 시장 급등 속, 스노터 토큰에 투자자 이목 집중

봉크·솔라나 코인 급등 속, 스노터 토큰에 투자자 이목 집중

밈코인 봉크(Bonk, $BONK)의 상승세가 거침없다. 지난주 20% 급등한 데 이어 이번주에도 상승폭을 확대하며 랠리를 이어가고 있다. 이와 같은 상승 배경에는 투자자들의 자금...

Soyeon Lee 3 hours ago
World Liberty Financial

World Liberty Financial Token Proposal Garners Massive 99% Support

Holders of the World Liberty Financial token, WLFI, have voted overwhelmingly to make these tokens tradable, a decision that could...

Ronaldo Marquez 3 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Coinbase

Coinbase Unveils ‘Super App’ To Expand Crypto Access–Details

Ronaldo Marquez 11 minutes ago
Crypto whale short $62 miljoen Ethereum met 18x leverage – ETH koers crasht naar $2900?

Crypto whale short $62 miljoen Ethereum met 18x leverage – ETH koers crasht naar $2900?

Lars Diederiksen 1 hour ago
Crypto expert: Bitcoin koers gaat snel exploderen naar $250.000

Bitcoin Touches 8-Year Trendline That Marked Previous Cycle Tops

Scott Matherson 2 hours ago

Premium Sponsors

Press Releases

  • Conheça as melhores novas criptomoedas em pré venda em 2025

    Mùa Meme Coin Đã Bắt Đầu? Bonk, Pepe Tăng Mạnh...

    32 minutes ago
  • BONK Tăng Mạnh Gây FOMO – TOKEN6900 Có Phải Là...

    51 minutes ago
  • Altcoin

    Những Alt coin Tốt Nhất Nên Mua Ngay Khi Bitcoin...

    1 hour ago
  • 2 kryptoměny s extrémně vysokým oceněním, které mohou stát za to riziko

    2 kryptoměny s extrémně vysokým oceněním, které...

    16 hours ago
  • 2 rendkívül magas árfolyamú kriptovaluta, amelyeket érdemes lehet kockáztatni

    2 rendkívül magas árfolyamú kriptovaluta, amelyeket...

    16 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.