Markets Pro news-Page 15
Altcoins soar after Bitcoin price bounces off a key moving average
The cryptocurrency market got off to a slow start on Aug. 19 after stimulus tapering talks from the U.S. Federal Reserve put pressure on global financial markets, but momentum within the crypto market picked up in the afternoon session as Bitcoin (BTC) bulls finally managed to break above the $46,000 level. While most altcoins were slow to warm up on Thursday, several altcoins led the way with gains in excess of 20% due to major protocol upgrades and exchange listings. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Voyager Token (VGX), …
Blockchain / Aug. 19, 2021
Quant, Arweave and Avalanche soar while Bitcoin searches for support
The cryptocurrency market once again entered a period of uncertainty on Aug. 18 as the price of Bitcoin (BTC) struggled to find momentum below $46,000 and large-cap altcoins pulled back slightly. Several projects did manage to buck the trend and post double-digit gains thanks to cross-chain integrations and protocol upgrades that excited their respective communities and provided traders with lower-fee Ethereum network alternatives. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Quant (QNT), Arweave (AR) and Avalanche (AVAX). AR continues its hot streak Arweave's AR token has been one of the …
Bitcoin / Aug. 18, 2021
These 2 indicators gave traders a buy signal hours before Filecoin and Near rallied
In financial markets, the uneven distribution of information comes hand in hand with the uneven distribution of economic power. The cryptocurrency market is no exception, and oftentimes, those with insider knowledge or access to industry-grade data intelligence tools can put their digital assets to work in ways the everyday retail investor can’t. Still, regular traders can profitably leverage publicly available, market-moving news if they are lucky enough to get to it before the rest of the pack. Research suggests that certain types of news announcements — such as those related to staking, listings and partnerships — have the greatest potential …
Markets / Aug. 18, 2021
Strong fundamentals lure traders back to Audius, Raydium and Helium
The cryptocurrency market found itself in a holding pattern on Aug. 17 as the price of Bitcoin (BTC) lingered below $46,000 and bulls regrouped to plan their next attempt to push the price higher. Despite the struggles faced by many of the top cryptocurrencies, several altcoins were buoyed by positive developments, and Cointelegraph Markets Pro's top market gainers index shows many producing double-digit gains. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were Audius (AUDIO), Raydium (RAY) and Helium (HNT). Audius partners with TikTok The top-performing coin over the past 24 …
Markets / Aug. 17, 2021
Wen Dogecoin moon? On-chain data and trading volumes suggest soon
The cryptocurrency market has had a wild ride thus far in 2021 as multiple sub-sectors including decentralized finance (DeFi), nonfungible tokens (NFTs), memecoins and layer-two solutions have seen their total value locked and token prices skyrocket to new highs. One of the biggest success stories of the year was Dogecoin (DOGE), a simple "joke" cryptocurrency that has morphed into a darling of the cryptocurrency sector. Interestingly, over the past month, the project is again gaining momentum, and several data points suggest sentiment for the DOGE is becoming increasingly bullish. Data from Cointelegraph Markets Pro and TradingView shows that since hitting …
Markets / Aug. 16, 2021
Traders seek hefty gains from altcoins while Bitcoin price consolidates
Optimism across the cryptocurrency ecosystem continues to grow on Aug. 16 as multiple altcoins put on double-digit gains and Bitcoin (BTC) bulls defend the $46,000 support level. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were Solana (SOL), Presearch (PRE) and Arweave (AR). SOL hits a new all-time high In the past 24 hours, SOL price soared to hit a new high $69.13 as excitement for the protocol’s new Mango Markets decentralized exchange (DEX) helped to increase demand for SOL. VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish …
Markets / Aug. 16, 2021
Traders hope for a new altcoin season now that Bitcoin turned $45K to support
This week the total cryptocurrency market capitalization bounced back to $1.9 trillion, which was a 20% weekly increase and the highest level seen since May 20. While the fresh bullish momentum attracted the attention of investors, Bitcoin's (BTC) move from $33,400 to $45,900 was pretty much in line with the rest of the market. Not every altcoin performed similarly, and only 14 of the top 100 from CoinMarketCap outperformed Bitcoin by 3% or more. ICP, RVN, VGX and EGLD followed Bitcoin's 40% rally Internet Computer (ICP) announced on July 30 that within two weeks of its launch, the Fleek application …
Bitcoin / Aug. 11, 2021
Altcoins soar while Bitcoin bulls gather strength to attack $48,000
The cryptocurrency market charged full steam ahead on Aug. 11 as the price of Bitcoin (BTC) climbed to $46,743, and bulls are now taking aim at the $48,000 resistance level as the next target. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were IoTeX (IOTX), WINk (WIN) and Dent (DENT). The Coinbase listing bump continues for IOTX IOTX continued its hot streak on Wednesday as the altcoins took the position as the top 24-hour gainer for the third day in a row. The gains appear to be connected to the Aug. …
Markets / Aug. 11, 2021
Exchange listings and NFT boom lift IoTeX, Rally and Axie Infinity prices
Tuesday started with a bang after Poly Network was hacked for $610 million in funds in what appears to be the worst hack in the history of decentralized finance, and the price of Bitcoin (BTC) dropped by 2% to trade near $45,000. Despite the severity of the hack, most altcoins are holding on to their recent gains, and those that have registered small losses line up with the pullback in Bitcoin’s price. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were IoTeX (IOTX), Rally (RLY) and Axie Infinity (AXS). Coinbase listing boosts …
Nft / Aug. 10, 2021
Swipe, IoTeX and CyberVein lead altcoins higher after Bitcoin hits $46K
The cryptocurrency market has shown a new level of resilience on Aug. 9 as a majority of tokens have managed to maintain recent gains and Bitcoin price hit a new 3 month high at $46,293. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were IoTeX (IOTX), CyberVein (CVT) and Swipe (SXP). IOTX/USDT IoTeX (IOTX), a platform focused on the decentralized internet of things, has been the best performer over the past 24-hours with a gain of 27%. Data from Cointelegraph Markets Pro and TradingView shows that the price of IOTX rallied 53% …
Bitcoin / Aug. 9, 2021
Altcoins and DeFi tokens push higher as Bitcoin price falters at $40K
Bitcoin (BTC) price has recovered from its recent $37,500 low and the digital asset's run back toward the $40,000 mark spurred bullish activity from many altcoins. Data from Cointelegraph Markets Pro and TradingView shows that the top gainers over the past 24-hours are XYO Network (XYO), Saffron Finance (SFI) and Quant (QNT). XYO/USD In the past 24-hours, XYO Network, a location-based data network that uses blockchain to track and record location information, rallied by 72%. VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for XYO on Aug. 2, prior to the recent price rise. The VORTECS™ …
Bitcoin / Aug. 4, 2021
VGX, PERP and LUNA rally while Bitcoin price struggles to hold $38K
Last week's momentum in Bitcoin (BTC) has all but faded as its price is once again below the $39,000 level, with bears and bulls locked in a heated battle for market dominance. Data from Cointelegraph Markets Pro and TradingView shows that while Bitcoin price faltered, several altcoins like Voyager Token (VGX), Perpetual Protocol (PERP) and Terra (LUNA) saw double-digit gains. VGX/USD The top performer over the past 24 hours has been Voyager Token, the native asset of cryptocurrency brokerage platform Voyager, which offers retail and institutional investors a secure place to purchase, trade and lend crypto assets. VORTECS™ data from …
Markets / Aug. 3, 2021