Altcoins have taken a beating over the last few months, as Bitcoin has re-established serious cryptocurrency dominance.

At the time of writing, Bitcoin accounted for 66.7% of all cryptocurrency value. That’s down slightly from a high of over 70%, a couple of weeks back. But it means that the altcoin market has been tougher than skiing backwards down Everest – wearing a blindfold.

Eight years after emerging from the primordial mist, the faster, lighter, and often experimental Bitcoin fork continues to move forward.

Litecoin founder Charlie Lee shared celebrations with the LTC community on Twitter over the weekend, cheering for the continued persistence of the plucky network, since its inception eight years ago. The coin and its community have been through some serious ups and downs over the years.

Bitcoin remains stagnant today, still trading within a few points of the $8,300 level. Diversification in altcoins continues, with most of them showing little action. Exceptions are BNB (up 4.5%), BAT and 0x (both up 12.5%), while Litecoin is one of the low performers with -2%.

Friday afternoons on the East Coast of the USA have inexplicably become the time for big industry announcements. For whatever reason (answers on a postcard, please) the end of the week is deemed the most appropriate time for regulators to drop bombshells.

That’s doubly annoying for this writer, who is in London and sees his ale time unjustly condensed by inconsiderate Occidental regulators. See footnote.

• Waves remains bearish over the short-term and the medium-term horizon
• The four-hour time shows that a bearish head and shoulders pattern has formed
• The daily time frame shows that the WAVES / USD pair is trapped within a huge triangle pattern

Waves is showing signs of possible price stabilization, as the cryptocurrency attempts to break its multi-month losing streak.

Crypto indices are breaking into the mainstream, as Cryptoindex.com announces the listing of its CIX100 index on the NASDAQ platform.

CIX100 functions as a crypto market benchmark, analyzing cryptocurrency data and filtering it by over 200 factors. It uses a proprietary formula to excludes coin with fake volume.

Once the first filtering is done, Cryptoindex’s proprietary AI algorithm analyzes data from nine of the largest cryptocurrency exchanges, as well as news feeds, Twitter, GitHub, and others.

Binance has partnered with the Swiss cryptocurrency product provider Amun to launch a BNB exchange-traded product (ETP), which is expected to provide a whole new class of investors with exposure to the digital asset through a regulated product.

Smaller-cap cryptocurrency coins are struggling with low liquidity, destined to suffer in a vicious cycle with their ecosystems struggling to maintain deep order books – making transactions harder to execute.

That’s the conclusion of a report released exclusively to Crypto Briefing, in which the automated market maker provider Hummingbot discovered a developing trend that might ultimately determine which coins have a long-term future.

A tweet from Glassnode has highlighted that the number of Bitcoin wallets holding more than 1,000 BTC has increased by more than 500 since last year, and now stands at almost 2,100 separate wallets. As shown in the chart below, more bitcoins are now locked in the 1,000 BTC to 10,000 BTC bracket than any other ‘order of magnitude’ classification.

And the total supply of bitcoins locked in wallets that contain over 1,000 BTC has increased steadily as well, from 6,919,950 in September 2018, to 7,184,501 in January 2019, and to 7,530,446 today.

Crypto revenue models are becoming more elaborate – and as the aftermath of a prolonged bear market takes its toll, creative solutions to attract and retain customers are becoming de rigeur.

Coinbase’s U.S. customers received a welcome surprise earlier this month, after the cryptocurrency exchange announced interest on users’ USDC deposits.