Cryptocurrency

Bitcoin is back above $50,000 and bulls are currently attempting to secure a daily close above the oft disputed level.  The strength seen in BTC has also helped kickstart momentum in the altcoins and at the time of writing, several tokens are seeing gains in excess of 20%. Data from Cointelegraph Markets Pro and TradingView

Bitcoin (BTC) shot to nearly $48,000 during Oct. 1 as a classic “short squeeze” liquidated over $270 million of crypto positions in under an hour. “Goodbye bears” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $47,800 on Bitstamp, jumping $3,000 in minutes. A familiar setup for traders, the upward volatility followed signs that a

“Sooner or later, ETH will outpace Bitcoin and become the global standard”, said Polygon co-founder Sandeep Nailwal in an exclusive interview with Cointelegraph.  Nailwal believes that Ethereum will eventually become “the ultimate settlement layer” for the DeFi space. Polygon will play a major role in ensuring the long-term success of Ethereum through its scalability solution.

Bitcoin (BTC) trudged toward $43,000 on Wednesday, Sept. 29, as a “macro predicament” kept bulls on their toes. BTC in yet another dip below $41,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD ranging slightly higher after a fresh $40,000 retest overnight. The pair had shown what could be underlying strength after multiple probes

The blockchain ecosystem has evolved significantly over the past decade as smart contract capabilities have moved the industry from being a simple medium of exchange to a bustling ecosystem full of decentralized finance (DeFi) and nonfungible tokens (NFT). One project that has benefited from the increased capabilities of blockchain technology and the recent launch of

A new stablecoin is arriving on the Cardano blockchain to provide a tool for decentralized finance (DeFi) operations and avoid transaction fees. Cardano’s payment gateway provider Coti will be the official issuer of Djed, a new DeFi-focused stablecoin for the Cardano network, Cardano founder Charles Hoskinson and Coti CEO Shahaf Bar-Geffen announced Sept. 26 at

Bitcoin (BTC) was busy losing its overnight gains on Sept. 27 as resistance continued to prove too much for bulls.  Analyst on Bitcoin: “Right now, we’re stuck” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to around $1,000 below overnight highs of $44,400 on Bitstamp Monday.  The move constitutes a rejection at a “critical”

The average portfolio size on Australian cryptocurrency exchange BTC Markets has grown from $577.65 (795.5 Australian dollars) to $2,069.16 (2849.5 AUD) in the financial year 2021, signaling a 258.2% increase in portfolio holdings, according to exchange data compiled by Statista on a recent BTC Markets survey. Data on the survey shows that the average portfolio size

Tune in to watch Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman. Here’s what to expect in this week’s markets news breakdown:  After failing to reach $50,000, Bitcoin (BTC) slid back down to $40,000 on Monday before recovering to $44,000. What, or who, was behind this pullback? Dogecoin

Axie Infinity’s native cryptocurrency AXS bounced higher on Se as the market’s focus shifted on its listing across two major crypto trading platforms: Bitfinex and Bitstamp. The AXS/USD exchange rate surged 15.52%% to $69.86, negating all the losses that it incurred at the beginning of this week. The intraday rally came as a part of

German stock market operator Deutsche Boerse continues diving into the cryptocurrency derivatives by listing three new crypto exchange-traded notes (ETN) by VanEck. Deutsche Boerse officially announced on Tuesday that VanEck’s new ETNs on Polkadot’s DOT, Solana (SOL) and Tron (TRX) are now tradable on its digital stock exchange, Xetra, and the Frankfurt Stock Exchange. The new

Bitcoin (BTC) retested $47,000 on Sept. 19 as the weekly close looked set to hinge on the CME futures gap. Bitcoin comes full circle after erasing gains Data from Cointelegraph Markets Pro and TradingView showed mixed signals from BTC/USD as the week drew to a close. Saturday had seen a stronger rally from the pair, which

Bitcoin (BTC) is heading for at least $85,000 in Q4 this year and could well surpass the $100,000 mark, new research says. In its latest market update on Friday, trading platform Decentrader revealed an unapologetically bullish mid-term BTC price forecast. Next stop $85,000 for BTC/USD Despite BTC/USD being kept below $50,000 this week, on-chain metrics

SushiSwap (SUSHI) prices crept higher on Sept. 16 following another day of gains for decentralized exchange (DEX) tokens. The SUSHI/USD exchange rate rose by 7.54%, or $1.14, to reach $16.31 for the first time since May 21. The pair’s upside move pushed its 24-hour adjusted timeframe profits up to 23%, making SUSHI the best-performing DEX

Real-world adoption and blockchain integration is the ultimate goal of any serious fintech protocol looking to offer workable solutions to some of the biggest challenges in finance and data transmission. Hedera Hashgraph, a public network that uses a distributed ledger technology known as Hashgraph to increase scalability and lower transaction costs. Two of the main

Uniswap (UNI) was among the best performers among the top cryptocurrency tokens by market capitalization in the previous 24 hours, logging better gains than other top cryptocurrencies, namely Bitcoin (BTC), Ether (ETH) and Binance Coin (BNB). On Wednesday, the UNI/USD exchange rate jumped 13.26% to hit a seven-day high of $25.68. Traders continued to bid