Markets Pro news-Page 13
Three reasons why Quant's price has rallied 200% in the last month
Interoperability between blockchain networks has emerged as one of the most important concepts in the cryptocurrency ecosystem because users are looking for the most cost-effective ways to transfer value across the ecosystem. One interoperability-focused protocol that has seen its price skyrocket to a new all-time high is Quant (QNT), a project designed to help enterprises integrate and operate distributed ledger technology (DLT). Data from Cointelegraph Markets Pro and TradingView shows that since reaching a low of $178 on Sept. 1, the price of QNT has surged 117% to a new all-time high of $387 on Sept. 6 as its 24-hour …
Markets / Sept. 8, 2021
Fetch.ai ignores the Bitcoin-led market meltdown by notching a 60% gain
The real-world adoption of blockchain technology is a slowly developing process. It requires the proper use cases and a willing public open to new experiences when venturing outside of their comfort zone. An increasing number of real-world applications appear to be the motivating factor behind the recent gains seen in Fetch.ai (FET), a protocol focused on building an open access, token-based decentralized machine learning network to support the smart infrastructure being built around the digital economy. Data from Cointelegraph Markets Pro and TradingView shows that after hitting a low of $0.658 on Sept. 6, the price of FET spiked 70% …
Adoption / Sept. 7, 2021
$52K Bitcoin price triggers rally in large caps like Litecoin, Stellar and Bitcoin Cash
Bitcoin (BTC) has been the uncontested cryptocurrency market leader since its creator launched the digital asset in 2009 and to date, it continues to be the dominant force in the industry. This truth was put on display on Sept. 6, when the price of Bitcoin rose to the $52,000 level and ignited a market-wide rally that lifted the price of small- and large-cap altcoins. When Bitcoin rallies, most of the legacy coins like Litecoin, Bitcoin Cash, XRP and Stellar tend to move in tandem. Now that BTC looks ready to test new highs, let's take a look at how the …
Bitcoin / Sept. 6, 2021
These 3 altcoins mooned as Bitcoin price rallied to $52,000
The wider cryptocurrency market is showing signs of strength on Sept. 6 as Bitcoin (BTC) bulls battle for control at the $51,500 level. Altcoins have benefited from Bitcoin’s strong showing, with many seeing gains in excess of 20%, and the Altseason Indicator from Cointelegraph Markets Pro continues to signal that market conditions are tilted toward further gains for altcoins. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were Oasis Network's ROSE, Parsiq's PRQ and Travala's AVA. Oasis Network partners with API3 Oasis Network is a blockchain protocol with privacy-enhancing features that …
Bitcoin Price / Sept. 6, 2021
VORTECS™ Report: This quant-style indicator alerted traders to 3 out of 4 triple-digit rallies this week
Cointelegraph's Markets Pro data intelligence service, which offers institutional-grade research tools for crypto traders, has shared the latest weekly VORTECS™ Report with its community of subscribers. The full report, available only to subscribers, presents the past week's biggest-gaining tokens as identified by the platform's artificial intelligence tools and offers interpretations of the data that it provides to traders. Here are some of the highlights of the latest issue: Three out of four altcoins with triple-digit weekly gains flash high VORTECS™ Scores before their prices peak. Markets Pro subscribers take profit from FTM's and OGN's rallies thanks to the platform's data …
Markets / Sept. 6, 2021
Gold, bond portfolios are ‘naked’ without Bitcoin, Bloomberg strategist asserts
What is protecting an investment portfolio from potential stock market volatility? As per Bloomberg Intelligence’s Mike McGlone, a merged exposure of Bitcoin (BTC), gold and government bonds. The senior commodity strategist, who sees BTC heading to $100,000, pitted derivatives in a new report representing the three safe-haven assets against the performance of the S&P 500 index, finding that the trio has been outperforming the benchmark Wall Street index at least since the start of 2020. The Bitcoin-Gold-Bonds index took data from the Grayscale Bitcoin Trust (GBTC), SPDR Gold Shares (GLD) and iShares 20+ Year Treasury Bond ETF (TLT). The three …
Bitcoin / Sept. 4, 2021
Altcoins book 50% gains after Bitcoin and Ethereum set a path to new highs
The bullish momentum across the cryptocurrency market continued to build on Friday as a market-wide rally lifted the prices of most altcoins and boosted Bitcoin (BTC) and Ether (ETH) above their respective resistance levels at $51,000 and $4,000, respectively. The recent price gains seen in the altcoin market show no sign of slowing down, and several altcoins gained more than 30% on Friday. Data from Cointelegraph Markets Pro and TradingView shows that the best performers over the past 24-hours were Polymath (POLY), Bitcoin Cash ABC (BCHA) and XYO Network. Polymath rallies as its “Polymesh” mainnet launch approaches Polymath is an …
Bitcoin / Sept. 3, 2021
After a 273% rally, this key indicator signaled that CELO price was overextended
Now that altcoin season is upon us again, multiple tokens are witnessing illustrious price hikes every day. In a sideways market, a key skill for a trader is the ability to anticipate when an asset will break out — and when everything is green, knowing when the rallies are coming to an end becomes equally essential. This week, CELO embarked on a flash rally that generated an almost vertical line on its price chart, but then it quickly faded without ushering in a strong second wave. Aside from keeping a steady eye on candlestick charts, was there a better way …
Markets / Sept. 3, 2021
Solana extends rally with another new high — Why is SOL price up by 70% in one week?
Solana (SOL) started Friday at a new record high as investors continued to bet positively on its success in the decentralized finance (DeFi) and nonfungible tokens (NFT) sector. The SOL/USD exchange rate reached $146.28 for the first time in history, following a 35% month-to-date rally. The huge upside move lifted the pair’s returns for the year above 7,500%, taking Solana’s market capitalization over $41 billion to make it the seventh-most valuable project in the cryptocurrency space. Solana’s run-up to record highs also brought overvaluation risks in focus, with a classic momentum indicator, the relative strength index (RSI), returning an overbought …
Nft / Sept. 3, 2021
Presearch, Aragon and IOTA explode higher after Bitcoin price clips $50K
Optimism across the crypto market continues to rise as bullish developments in the price of Bitcoin (BTC) and Ethereum (ETH) renewed discussions about a 2013-style double-pump rally that could push Bitcoin's price past $100,000. The positive price action hasn’t been limited to the top two market leaders. Many altcoins continue to rally, and the "altseason" indicator from Cointelegraph Markets Pro is signaling that the momentum could continue for a while longer. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were Presearch (PRE), Aragon (ANT) and IOTA (MIOTA). Presearch's Android app will …
Adoption / Sept. 2, 2021
XRP price chart 'bull flag' puts the next bullish target at $1.50
The price of XRP edged higher on Sept. 2 as traders assessed Ripple Labs gaining an edge over the United States Securities and Exchange Commission in an ongoing courtroom battle. The XRP/USD exchange rate surged 4.74% to reach $1.296 for the first time since Aug. 23. The pair's climb appeared alongside a spike in trading volume on the four-hour chart, confirming traders' intent to support the upside move in the coming sessions. XRP has shot to go higher this week, reflecting a similar bullish move in other top digital assets. CrediBULL Crypto, an independent market analyst, noted that the Ripple …
Sec / Sept. 2, 2021
Altcoins rally to new highs after the ETH/BTC pair flips bullish
Signs that an altseason is underway are beginning to increase across the cryptocurrency market after numerous altcoins posted double-digit gains on Aug. 31. Meanwhile, the price of Bitcoin (BTC) continued to face headwinds and the digital asset trades at $47,100. The top altcoin Ether (ETH) looks poised to stage a 40% rally against BTC according to analysts, and a 5% gain in the ETH/BTC pair on Tuesday is thought to be the fuel behind altcoins which rallied more than 30% today. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Metal (MTL), …
Markets / Aug. 31, 2021