Markets Pro news-Page 9
Livepeer, Loopring and Keep3rV1 rally while Bitcoin tests underlying support
Altseason rumors are on the rise on Nov. 9 as altcoins capitalize on Bitcoin's move to a new all-time high and the ensuing consolidation that tends to occur after (BTC) pulls back to retest underlying support levels. As is often the case when Bitcoin has pullbacks during a bull market, some of the outflows find their way into the altcoin market and the chart below shows this dynamic is at play today. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Livepeer (LPT), Loopring (LRC) and Keep3rV1 (KP3R). Livepeer co-hosts COLLIDE Livepeer …
Bitcoin / Nov. 9, 2021
DeFi tokens see double-digit gains as Ethereum and Bitcoin chase new highs
Momentum in the cryptocurrency market is back on the rise on Nov. 8 after a solid rally from Bitcoin (BTC) placed the price back above $66,000 and Ether hit a new all-time high at $4,793. The gains from the largest two cryptocurrencies helped to kickstart a market-wide rally that lifted the total cryptocurrency market cap above $3 trillion for the first time. Unlike previous rallies where BTC would make significant gains at the expense of the altcoin market, this time a majority of tokens in the top 200 are likewise in the green with many projects seeing double-digit gains. Data …
Bitcoin / Nov. 8, 2021
Green means go: 5 spectacular altcoin rallies with one thing in common
In crypto trading we often see entire sectors move in tandem. DeFi coins may all curve upwards together, while metaverse tokens soared on news that Facebook’s getting a Facelift. But this week’s group of top crypto performers have very little in common... except one trading indicator that lit up in pulsating green neon letters before their prices trended upward. We’re looking today at: Polygon (MATIC) — a layer-2 scaling solution for Ethereum Aave (imaginatively, AAVE) — a decentralized finance (DeFi) asset Voyager (VGX) — a crypto trading platform Koinos (KOIN) — a feeless foundational blockchain built for scalability Linear (LINA) …
Markets Pro / Nov. 6, 2021
Altcoins surge even as Bitcoin and Ethereum price fall toward key support levels
Price action in the crypto market has not been for the faint of heart over the past 48-hours and it's clear that volatility following Bitcoin (BTC) and Ether’s (ETH) breakouts to new all-time highs. While the top two cryptocurrencies fight to hold key support levels, the altcoin market has seen a handful of tokens post double-digit gains on Nov. 5 and Cointelegraph Markets Pro’s altseason indicator suggests the current market conditions line up with previous altseason price moves. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were XYO Network (XYO), Crypto.com Coin …
Bitcoin / Nov. 5, 2021
Everyone’s in The Sandbox: Artists, brands and creators pile into the Metaverse
The blockchain gaming ecosystem has seen explosive growth over the course of 2021 as nonfungible tokens (NFT) and the play-to-earn gaming model helped create new income opportunities for people around the world while also ushering in a new cohort of users to the cryptocurrency sector. One project involved in gaming and the building of the Metaverse is The Sandbox (SAND), a blockchain-based virtual world where users to create, build, buy and sell digital assets in the form of a game. Data from Cointelegraph Markets Pro and TradingView shows that after hitting a low of $0.70 on Oct. 27, the price …
Adoption / Nov. 3, 2021
Parabolic gains for OriginTrail, Maker and XYO Network rouse ‘altseason’ hopes
Calls for the arrival of an altseason are growing louder on Nov. 3 after the price action for altcoins is on the rise and Bitcoin (BTC) price lingers at the $62,000 support level. At the moment, gaming tokens, supply chain-related projects and decentralized finance (DeFi) protocols are scorching hot and as shown below, many altcoins are posting double and triple-digit gains today. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were OriginTrail (TRAC), XYO Network (XYO) and Maker (MKR). TRAC gets a boost from the “Coinbase effect” OriginTrail is a protocol that …
Bitcoin / Nov. 3, 2021
Upcoming parachain auctions send Polkadot to new ATH, while CHR and THETA follow
"Uptober" is over but as Zhu Su tweeted earlier today, the crypto market rally could extend through "Upvember, Upcember" and beyond. The month of October was stellar for Bitcoin (BTC) and Ether (ETH) primarily because each hit new all-time highs and even though the prices are consolidating now, traders are still wildly bullish. Uptober, Upvember, Upcember — Zhu Su (@zhusu) November 1, 2021 The steady emergence of the Metaverse is also driving excitment within the crypto sector as it promises to be one of the driving forces behind development in the cryptocurrency space. The concept of a Metaverse is also …
Adoption / Nov. 1, 2021
AVAX tops the crypto predictability list... but the other tokens may surprise you
You can’t predict the future, but you can learn from the past. And some crypto tokens are much (much) more predictable than others, when you analyze their historical trading patterns. In fact, five cryptocurrencies in particular have exhibited the kind of trading predictability that could give sharp-eyed crypto traders a huge advantage in the markets. These five tokens have all demonstrated one thing in common: After strong bullish conditions were detected, they averaged an increase in value when measured after 24, 48, and 72 hours After extreme bullish conditions were detected, on average they also rose after 24, 48, and …
Markets Pro / Oct. 30, 2021
3 reasons why Curve (CRV) price is trending toward a new 1-year high
This week cryptocurrency traders turned their focus to the pack of dog-themed meme tokens as altcoins like Shiba Inu and Dogecoin (DOGE) saw a surge in volume which resulted in SHIB hitting a new all-time high and the remaining Dogecoin clones booking some juicy gains. Traders are now debating whether the launch of the first Bitcoin (BTC) exchange-traded fund (ETF) kicked off the next leg of the bull market or if meme-tokens rallying is a top signal. While SHIB, DOGE and Samoyedcoin are the hot flavor of the week, there are other tokens which are equally bullish and posses stronger …
Markets / Oct. 28, 2021
Mask Network, 1inch and Shiba Inu ignore Bitcoin’s downtrend, posting 20% gains
The cryptocurrency market is back on the rocks on Oct. 27 as many of the top assets find themselves in the red on the day after Bitcoin (BTC) price dropped to $58,000 in the early trading session. Despite the wider struggles of the market, several altcoins have managed to post gains in excess of 22% as major protocol integrations and exchange listings have helped buffer them against the wider market downturn. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were 1inch (1INCH), Shiba Inu (SHIB) and Mask Network (MASK). 1inch integrates with …
Nft / Oct. 27, 2021
Helium partners with Dish Network to expand its crypto-based distributed 5G platform
The ultimate goal of any cryptocurrency project is to achieve widespread adoption by offering a use case that offers real-world value that can be applied across the globe and in every home. One project that just revealed a significant stride towards greater adoption thanks to its user-run wireless network is Helium, a 5G Internet-of-Things-focused project, which revealed a new partnership with Dish Network on Oct. 26. Today we take another huge step for @Helium 5G with the announcement of a new partnership between @DISH and Helium Inc! DISH is the first major carrier to join #ThePeoplesNetwork, expanding coverage with customers …
Decentralization / Oct. 26, 2021
Secret, Curve and Shiba Inu gains suggest that altseason is coming
Calls for an altseason continue to grow louder as the price action in the altcoin market has been on the rise for a few days. Meanwhile, Bitcoin continues to consolidate below its all-time high near the $62,000 support level. Oftentimes, moves in altcoins center around one specific sector of tokens such as meme coins or decentralized finance protocols, but the current market is seeing rises across all sectors, which is possibly a sign that altseason is in fact heating up. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Secret (SCRT), Curve …
Adoption / Oct. 26, 2021