Cryptocurrency

Solana (SOL) prices rose on Aug. 30 as traders speculated on what appeared to be a key but mysterious feature launch later this week. The SOL/USD exchange rate climbed to a new record high of $103.06 following a 9.35% intraday rally. The upside move surfaced days after Solana introduced “Ignition” on their official media handles.

The cryptocurrency market has been on a tear over the last month as Bitcoin price climbed 73% from a low of $29,200 on July 20 to a high of $50,478 on Aug. 26, a move that has warranted caution from Dan McDermitt, cryptocurrency market analyst and co-founder of TheChartGuys.  According to McDermitt, Bitcoin’s relentless march

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

Deutsche Boerse-backed digital asset firm Crypto Finance AG and Swiss business-to-business (B2B) transaction bank InCore are launching a new tokenization tool based on the Tezos blockchain. InCore Bank officially announced Tuesday a new collaboration with Crypto Finance AG and Swiss IT consulting firm Inacta to introduce new digital financial products based on Tezos, a decentralized,

Liquidity market protocol BENQI has reached $1 billion in total value locked, or TVL, less than a week after launching on the Avalanche (AVAX) network, a major milestone that highlights the explosive growth of decentralized finance (DeFi) lending services.  Benqi Finance announced the milestone on Twitter late Sunday, where it thanked its community for the

Binance Coin (BNB) rallied 30% in two weeks, but the fourth largest cryptocurrency by market capitalization seems to be struggling to break the $450 resistance. Coincidently, this is the same top from June 3, which was followed by a 48% correction down to $225. Given the similarity of the situation when compared to previous instances,

Wells Fargo, in partnership with NYDIG and alternative assets manager FS Investments, has registered a new investment fund dubbed “FS NYDIG BITCOIN FUND I,” which will offer the bank’s wealthy clients an opportunity to gain indirect exposure to Bitcoin (BTC).  In another sign of growing institutional interest, filings submitted to the U.S. Securities and Exchange

Smart contracts have been a revolutionary force in the blockchain industry because they have enabled the creation of decentralized finance protocols, nonfungible tokens and a new form of carrying out transactions without the need of a middleman.  Cardano (ADA) is one of the many projects that has been gaining momentum throughout 2021 and now that

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

The cryptocurrency market found itself in a holding pattern on Aug. 17 as the price of Bitcoin (BTC) lingers below $46,000 and bulls regroup 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 CT Pro’s top

The cryptocurrency market has had a wild ride thus far in 2021 as multiple sub-sectors like decentralized finance (DeFi), NFTs, meme coins and layer-two solutions have seen their TVL and token values skyrocket to new highs.  One of the biggest success stories of the year was been Dogecoin (DOGE), a simple ‘joke’ cryptocurrency that has

Cardano’s ADA token made a triumphant return to the $2 mark on Aug. 13 as weekly gains topped 50%. ADA reverses most of its 3-month losses Data from Cointelegraph Markets Pro and TradingView showed ADA/USD quickly shooting higher during Friday after overcoming heavy resistance.  At the time of writing, the pair circled $2.07 and was

PSG, a fan token launched by Paris Saint-Germain, resumed its uptrend Thursday after Lionel Messi confirmed that he is joining the French football club. The PSG/USD pair jumped by 10.57% to hit an intraday high of $41.90. The pair’s latest upside move followed an almost 40% bearish correction from its all-time high of $61.53, achieved on

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)

Cardano (ADA) has been in the spotlight lately and this is partially because of its early 2021 price performance and the fact that its huge fan base has been anxiously awaiting the launch of the network’s smart contract capability in the upcoming Alonzo upgrade.  While the rise of DeFi took place and the total value

The cryptocurrency market has continued a solid bullish trend in early August, with the total market capitalization nearing $2 trillion. According to data from crypto data aggregator CoinGecko, the total crypto market cap broke the $1.9 trillion mark on Aug. 9, retouching this level for the first time since May 18. Starting July 19, cryptocurrency