Ethereum's native token, Ether (ETH), has the prospect of logging a 40% price rally against its top rival, Bitcoin (BTC), per a classic technical pattern. Dubbed a "symmetrical triangle," the structure develops after the price forms a series of higher lows and lower highs. Doing so results in a convergence of two trendlines with a degree of symmetry, which appears a a triangle. Analysts treat symmetrical triangles as trend continuation indicators — i.e., they usually send prices in the direction of their previous trend following a clear breakout. As a result, the ongoing ETH/BTC price boom could undergo an upside …

The Ethereum network continues to enjoy being the top smart contract platform in the blockchain industry. However, the competition is slowly gaining market share because high costs and network congestion are still challenges for the protocol. One project that has been gaining traction in August is Fantom (FTM), a layer one smart contract platform that utilizes a directed acyclic graph architecture as a means to solving the problems of slow transaction speeds and high transaction fees. Data from Cointelegraph Markets Pro and TradingView shows that since hitting a low of $0.15 on July 20, the price of FTM rocketed 500% …

The cryptocurrency market once again finds itself waiting for some form of catalyst to get the prices moving, and this week commenced with the market moving sideways as Bitcoin (BTC) struggles to find its footing near $48,000. Several altcoins have managed to break free of the wider market malaise and post impressive gains, giving credence to Cointelegraph's Markets Pro data intelligence service, which is indicating that altseason has arrived. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Celo (CELO), Fantom (FTM) and Keep3rV1 (KP3R). Celo launches a “DeFi for the People” …

Every week, subscribers of Cointelegraph's data analytics platform receive a detailed breakdown of each algorithmic tool's performance. Over the weekend, Cointelegraph's Markets Pro data intelligence service, which offers institutional-grade research tools for crypto traders, shared the latest VORTECS™ Report with its subscriber community. The full report, available only to subscribers, zooms in on the past week’s biggest-gaining tokens as identified by the system's artificial intelligence tools and offers interpretations of the data that it makes available to traders. Here are some of the highlights of the latest report: Altseason is here. The Altseason Indicator, CT Markets Pro's metric that assesses …

Solana (SOL) prices printed another milestone of nearly $85 high on Aug. 27 as traders assessed a flurry of optimistic fundamentals, including Solana's potential foray into Wall Street. On Aug. 24, digital asset management firm Osprey Funds registered a first-of-its-kind Solana fund with the U.S. Securities and Exchange Commission (SEC). In doing so, the New York firm hinted at giving institutional exposure to SOL markets as the token's value surged by more than 4,300% in 2021. A day later, real-time data feeder Pyth Network announced that it is going live on Solana's proof-of-stake blockchain. The firm provides "high-fidelity streaming data" …

Bears pressed harder on the market on Aug. 26 after Bitcoin (BTC) continued its pullback to an intra-day low at $46,250 and altcoins nursed near double-digit losses. While most of the market is seeing red, a few altcoins managed to notch notable gains due to exchange listings and new staking opportunities. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were COTI, XYO Network (XYO) and Conflux Network (CFX). COTI rallies after listing on Coinbase The top-performing coin over the past 24 hours was COTI, an enterprise-grade fintech platform focused on decentralized …

VGX is the native token of Voyager, a cryptocurrency broker, and the asset is designed to generate staking rewards for its holders as well as boost their yield earnings on other digital assets. Over the last 30 days, the asset delivered even more value as it has more than doubled its price against the United States dollar and gained 46% over the resurging Bitcoin (BTC). What caused the coin’s price to soar, and was there a way to anticipate its rally early on? Breaking news, familiar market patterns VGX’s August price surge was an expected byproduct of bullish news coming …

The wider crypto market has a wait-and-see feel to it on Aug. 25 as the price of Bitcoin (BTC) dipped to $47,360 before rebounding off the lower support of the ascending channel to reclaim the $48,000 level. Despite the swift turnaround, analysts are still wary and well-known financial analyst John Bollinger warned investors that it might be a good time to secure some profit. Several altcoins have managed to overcome the general market malaise to post double-digit gains on Wednesday as decentralized finance (DeFi) and nonfungible tokens (NFT) continue to push higher. Data from Cointelegraph Markets Pro and TradingView shows …

The amount of Ether (ETH) held by all cryptocurrency exchanges has declined dramatically in the previous 12 months. Blockchain analytics firm CryptoQuant reported that Ethereum reserves on trading platforms dropped 26.29 million ETH to 19.22 million ETH year-on-year (YoY), indicating that traders' preference to hold their tokens increased. At least the Ether price performance in the same period indicates the same. Between August 25, 2020, and press time, the ETH/USD exchange rate exploded by a little over 730%— from $407 to $3,190, signaling an erratic inverse correlation between the Ethereum token prices and its reserves across all exchanges. In detail, …

Over the weekend, Cointelegraph's Markets Pro subscription service, which offers institutional-grade research tools for crypto traders, shared its latest VORTECS™ Report with its Discord community. The report, available only to subscribers, highlights the past week’s biggest-gaining tokens as identified by the system's artificial intelligence algorithm. Ten top altcoins made profits of 50% or greater, half of them rallying following either an 80+ VORTECS™ Score or a timely NewsQuake™. The longer, the better: High-scoring coins delivered robust average returns that increased after longer times. Listing announcements propelled SRM and Enjin Coin (ENJ) to solid gains. Four out of ten top-gaining coins …

The bull market narrative has returned now that the price of Bitcoin (BTC) managed to briefly climb above $50,500 on Aug. 23. A handful of altcoins have also seen their prices charge higher as the momentum in the market continues to build. For many tokens, their price has been buoyed by new exchange listings and cross-protocol collaborations that have brought a new level of activity and attention to their ecosystems. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were WAX (WAXP), Gnosis (GNO) and IOST. WAX benefits listing on Binance The …

Bulls officially made their claim clear today as Bitcoin (BTC) price rallied 4.18% to $49,163 and captured the attention of investors who've been waiting for BTC to reclaim the $50,000 mark. The uptick in bullish momentum translated into a wave of green candles from altcoins and the majority of the tokens in the top 200 registered gains. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Syscoin (SYS), TrustSwap (SWAP) and PARSIQ (PRQ). Syscoin celebrates its seventh birthday The best performing coin over the past 24-hours has been Syscoin, a platform that …