Markets Pro news-Page 10
3 reasons why Harmony (ONE) rallied to a new all-time high
Ecosystem development funds have become one of the latest market-moving trends in the crypto sector and protocols with large treasuries have discovered that reward and incentive programs are one of the best ways to attract new users and protocols to a project. One protocol that has recently seen its token price rally following the release of an ecosystem development grant is Harmony (ONE), a blockchain protocol focused on improving scalability between networks. The project uses cross-sharded contracts and a cross-chain infrastructure between multiple blockchains including Bitcoin (BTC), Ethereum (ETH), Polkadot (DOT) and the Binance Smart Chain (BSC). Data from Cointelegraph …
Adoption / Oct. 26, 2021
Web 3.0-focused altcoins soar as the need for truly decentralized crypto grows
The cryptocurrency market is abuzz on Oct. 25 as the sight of multiple altcoins hitting new all-time highs and Bitcoin's (BTC) return to $63,000 has traders looking for a resumption of the bullish uptrend. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were PARSIQ (PRQ), Handshake (HNS) and NEAR Protocol (NEAR). PARSIQ advocates for interoperability between networks PARSIQ is a blockchain-based analytics platform that specializes in connecting blockchain activity to real-world applications. According to data from Cointelegraph Markets Pro, market conditions for PRQ have been favorable for some time. The VORTECS™ …
Blockchain / Oct. 25, 2021
Reactivated Ethereum pools trigger a 78% surge in THORChain price
Ealier this year THORChain underwent a series of protocol exploits which led to $8 million being drained from its reserves and these successive attack took a heavy tool on RUNE price. This week, the protocol announced that it would re-open its Ethereum pool, along with other altcoin and BTC-based pools and the announcement appears to be having a positive impact on RUNE price. Data from Cointelegraph Markets Pro and TradingView shows that since hitting a low of $2.95 on July 20, the price of RUNE has increased 283% to a$11.64 and there is also a noticable uptick in trading volume. …
Markets / Oct. 24, 2021
How a single-strategy crypto algorithm turned $100 into $36,205 in 10 months
Before we get into the nitty gritty of how one simple rule created the kind of insane return on investment noted in the headline, let’s be clear on one thing. You can't copy this. Actually, no human can. Even a trading bot couldn’t replicate this particular strategy in real life, because it’s a thought experiment, a proof of concept, rather than an actual way to make money in crypto trading. The exchange fees alone would kill this particular strategy for most traders. But that doesn’t mean it’s useless — in fact, it’s the perfect way to illustrate how a simple …
Markets Pro / Oct. 23, 2021
Altcoins breakout even as Bitcoin price falls to $60,000
Today Bitcoin (BTC) price and Ether (ETH) price pulled back to lower support levels after an exciting week that saw BTC soar to a new all-time high after the successful launch of two exchange-traded funds. While much of the focus has been on BTC and Ether, multiple altcoins have racked up notable gains on as some traders appear be preparing for a possible altseason run. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were THORChain (RUNE), Moonriver (MOVR) and OKB (OKB). THORChain resumes trading on the Ethereum network THORChain is a …
Bitcoin / Oct. 22, 2021
Altcoins take the next leg up as the total crypto market cap tops $2.63 trillion
Crypto markets are in an absolute state of euphoria after Bitcoin (BTC) caught a bid and hit a new all-time high at $67,000. Bitcoin's surge to $67,000 also helped to spark double-digit gains for multiple altcoins as the age-old adage of a rising tide lifting all boats appears to be in full effect. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were OriginTrail (TRAC), Kadena (KDA) and Cartesi (CTSI). OriginTrail makes a move OriginTrail is a protocol that operates on the Ethereum (ETH) network and specializes in harnessing blockchain technology to …
Bitcoin / Oct. 20, 2021
Ankr Network, Stacks and Kadena rally while most altcoins cool off
Even with Bitcoin (BTC) price on the verge of a new all-time high, the cryptocurrency market projects an aura of anxious optimism on Oct. 18 as investors await the official launch of the first Bitcoin exchange-traded fund (ETF), which is set to begin trading on Oct. 19. While the market waits for the historic ETF launch, BTC bulls are battling to hold the $62,000 level as support. Meanwhile, a handful of altcoins posted double-digit rallies on Oct. 18 as traders look to capitalize on the gains they provide when Bitcoin price consolidates. Data from Cointelegraph Markets Pro and TradingView shows …
Nft / Oct. 18, 2021
Why HODL for 48 hours? Because your altcoin wallet will thank you
It might seem that the volatility of digital assets’ prices and the lightning speed with which crypto markets move would mean that those who act fastest secure the heftiest rewards. And, in certain cases, this holds true. For example, when an announcement of a token’s listing on Coinbase or Binance first goes public, and the asset’s price line becomes all but vertical. But, in many cases, the tortoise beats the hare. This principle is clearly at work when it comes to traders using quant-style tools to enhance their decision-making. One example is the VORTECS™ Score, an algorithmic comparison between historic …
Markets Pro / Oct. 16, 2021
Privacy-focused altcoins soar after Bitcoin’s ETF news sparks a market-wide rally
Traders and the market are showing extreme optimism on Oct. 15 after rumors and an assortment of documents suggest that the path toward a Bitcoin ETF approval has fewer obstacles lying ahead. Following the positive news, the price of Bitcoin (BTC) rallied to nearly $63,000 for the first time since April and multiple altcoins saw their prices book triple-digit gains. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were NuCypher (NU), Keep Network (KEEP) and Orchid (OXT). NuCypher partners with Keep Network NuCyper is a protocol focused on creating decentralized encryption, …
Bitcoin / Oct. 15, 2021
Bitcoin-related altcoins surge as BTC ETF rumors spread across the sector
On Oct. 14, bulls flexed their muscles and showed their intent to push the price of Bitcoin (BTC) closer to its $65,900 all-time high. One reason for the move is the steady chatter about the possibility of a Bitcoin exchange-traded fund (ETF) being approved by the end of October. Data from Cointelegraph Markets Pro and TradingView shows that after hitting a low of $54,103 on Oct. 13, the price of Bitcoin rallied 8.2% to an intraday high of $58,532 on Oct. 14 as the ETF discussion made fresh rounds on Crypto Twitter. The spike above $58,500 is also significant because …
Adoption / Oct. 14, 2021
3 reasons why Terra (LUNA) price hit a new all-time high
Protocol upgrades are one of the biggest drivers of momentum because they show developers' dedication to fixing bugs, incorporating user requests and adding new features that make the protocol competitive and shore up the token's value. One project that has seen its token price rally to a new all-time high following the launch of a highly anticipated upgrade is Terra (LUNA), a blockchain protocol that uses fiat-pegged stablecoins like TerrUSD (UST) to create a global payments system. Data from Cointelegraph Markets Pro and TradingView shows that after hitting a low of $23.81 on Sept. 21, the price of LUNA surged …
Markets / Oct. 6, 2021
VORTECS™ Report: How this quant-style indicator foreshadowed Axie Infinity’s rally to a new ATH
Every week, subscribers of Cointelegraph’s Markets Pro data analytics platform receive a detailed breakdown of the top performers of the week and the VORTECS™ Score indicator’s performance in tracking potential bullish and bearish developments. Here are some of the highlights of the latest report: Axie Infinity Shard (AXS) recorded a new all-time high following a strong VORTECS™ Score. Three out of ten top price movers flashed a VORTECS™ Score of 80 or higher before peaking. NewsQuakes™ alerts gave traders an early signal for NEAR’s and RAY’s double-digit rally. The all-time top VORTECS™ Scorers’ average gains against Bitcoin (BTC) demonstrated that …
Markets / Oct. 5, 2021