Shiba Inu (SHIB) crept up Friday as traders assessed its addition on Coinbase, one of the world’s leading crypto exchanges. The SHIB/USDT exchange rate jumped up to 16.42% to $0.00000950 for the first time since June 29, 2021. The latest move uphill came as a part of an overall bullish trend that started Thursday, wherein SHIB rallied by more than 26%. As a result, the token ended up pushing its returns up by over 40% in just two days of trading. Gains for SHIB started emerging after Elon Musk, CEO of Tesla, tweeted about the arrival of a new Shiba …

On Thursday Avalanche’s (AVAX) price hit a new all-time high at $68.89, and over the last few months, the project has risen to challenge the Ethereum network’s dominance among smart contract platforms. According to the project’s website, the layer-one protocol is capable of surpassing 4,500 transactions per second (TPS) with a time to finality of less than 2 seconds. Data from Cointelegraph Markets Pro and TradingView shows that since hitting a low of $32.10 on Sept. 7, the price of AVAX has rallied 111% to establish a new all-time high on S as its 24-hour trading volume spiked 200% to …

Altcoins continue to book notable gains on Sept. 16 as a slew of celebrity endorsements, major investments and the growing popularity of cross-chain bridges catch investors' attention. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were Audius (AUDIO), Avalanche (AVAX) and Celer Network (CELR). Superstars invest in Audius The Audius platform is a decentralized music-sharing and streaming protocol that aims to cut out the middleman from the music industry and allow fans, subscribers and creators to interact with each other directly. According to data from Cointelegraph Markets Pro, market conditions for …

Interoperability has become one of the driving themes within the crypto market and as the blockchain ecosystem evolves into an interconnected web of layer-one protocols, the importance of communication and efficiency among decentralized applications (dApps) will also increase. Ren (REN), a blockchain protocol designed to provide interoperability and liquidity between different blockchain platforms, has started gaining traction over the past month and a half as activity in the decentralized finance (DeFi) sector has been on the rise. Data from Cointelegraph Markets Pro and TradingView shows that after reaching a low of $00.41 on Aug. 9, the price of REN has …

Bitcoin's (BTC) rise back above the $48,000 mark was back by similar moves from altcoins and analysts expect the market-wide rally to continue if the top-ranked digital asset can take aim at the $50,000 resistance level. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were Frontier (FRONT), Ren (REN) and Keep Network (KEEP). Frontier's cross-chain app launch excites the community Frontier is a decentralized finance (DeFi) aggregator that focuses on offering support for the Ethereum, Binance Smart Chain and Harmony blockchain. VORTECS™ data from Cointelegraph Markets Pro began to detect a …

Decentralized finance-focused protocols are seeing a sustained upward move, and the momentum appears to be picking up pace now that the NFT sector has cooled off over the past two weeks. Since the beginning of August, Elrond (EGLD) — a scalable and secure blockchain platform designed for distributed apps and enterprise-level businesses — has been in a strong rally. Data from Cointelegraph Markets Pro and TradingView shows that since hitting a low of $52.00 on June 22, the price of EGLD has charged 437% higher to a new all-time high of $302.14 on Sept. 14. Three reasons for EGLD's surge …

Bullish sentiment is on the rise on Sept. 14 as the price of Bitcoin (BTC) climbed higher throughout the morning and now takes aim at the $47,000 level. The building momentum also had a positive effect on altcoins and a handful of tokens posted double-digit gains. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were Rari Governance Token (RGT), Curve (CRV) and Synthetix Network (SNX). RGT holders vote on the project's first DAO proposal The Rari Governance Token is the native token of Rari Capital, a non-custodial decentralized finance (DeFi) protocol …

Real-world adoption is what really matters when it comes to being a successful blockchain project and one project that benefited from a recent uptick in adoption is Algorand (ALGO), a pure proof-of-stake protocol aiming to become the go-to base layer for the global financial industry. Data from Cointelegraph Markets Pro and TradingView shows that since bottoming out at $0.67 on July 20, the price of ALGO has rocketed 268% to a daily high at $2.47 on Sept. 9 as its 24-hour trading volume surged to a record-high $4.83 billion. El Salvador builds on Algorand The sudden surge in price and …

Fantom’s FTM asset has been one of the top trending tokens of the week, and it barely noticed Bitcoin’s midweek swoon that halted many altcoin rallies. Despite Bitcoin (BTC) dropping below $43,000, FTM added 114% in U.S. dollar terms and 127% in its BTC pair over the last seven days. FTM’s monthly stats look even more impressive, with nearly 500% growth against both benchmarks. While it is par for the course for altcoins to rally when Bitcoin consolidates, FTM’s price movement is completely asymmetrical to most of its peers. Let’s investigate what’s behind the record-breaking run and whether there is …

On Sept. 9, bulls made a strong showing as Algorand (ALGO) and Solana (SOL) each steamrolled to new highs even as Bitcoin (BTC) continues to flounder under the $47,000 mark. The strong performance from the altcoins gives further credence to the argument that the market is in an "altseason," a phase that is typically characterized by surging altcoin prices when BTC is range-bound. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were Presearch (PRE), Frontier (FRONT) and Algorand (ALGO). Presearch integrates Wyre into its marketplace Presearch, a blockchain-based decentralized search protocol, …

The wider cryptocurrency market appears to be in the early stages of a recovery with many altcoins regaining their footing after correcting by 20% to 30% on Sept. 7 when Bitcoin (BTC) fell below $43,000. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were NEAR Protocol (NEAR), Algorand (ALGO) and PowerPool (CVP). NEAR Protocol gains 64% The top gainer NEAR Protocol is a decentralized proof-of-stake protocol focused on offering faster transaction speeds at a lower cost to help facilitate the adoption of blockchain technology. Data from Cointelegraph Markets Pro and TradingView …

Big banks have long stored currency, stock certificates and precious objects like gold and jewels on behalf of their clients. Now, thanks to a recent policy change by a federal banking regulator, they will be able to hold Bitcoin (BTC) and other alternative cryptocurrencies as well. In fact, banks have already begun not only accumulating cryptocurrencies but also trading them on crypto exchanges using three major keys to successful trading. Crypto trading trick #1: Crowd psychology We all know that when Elon Musk says jump, Dogecoin (DOGE) says, “How high?” There are key moments when the crowd has reliably reacted …