Dogecoin Hits Two-Month High as Shiba Inu Lags in Crypto Rankings

It’s an intense dogfight in crypto skies as dogecoin (DOGE) and shiba inu (SHIB), two of the most popular meme coins, battle it out for the ninth spot on the list of top digital assets by market capitalization. Some traders are profiting from the action by taking spread trades. DOGE has come alive, having lagged SHIB by a significant margin earlier this month. The joke cryptocurrency surged to $0.335 on Coinbase on Thursday, hitting the highest level since Aug. 20, and was last seen trading near $0.30, representing a 22%…

Litecoin transactions near an all-time high after gaining ground in consumer finance

The number of Litecoin (LTC) transactions has rebounded to over 140,000 in recent days after falling close to the 100,000 mark in early October. Three days prior, the Litecoin Foundation tweeted about the launch of its LTC Visa Debit card, powered by fintech firm Unbanked.  According to the card’s homepage, potential customers would first register for a Litecoin Card account, deposit LTC into a specific wallet address, pass a know-your-customer check, and receive a virtual Litecoin Card. The service claims that the sign-up process takes less than five minutes. The…

Greed Spikes To Seven-Month High Alongside Record Crypto Prices

Data shows greed in the crypto market has spiked to seven-month highs as coins record new all-time highs (ATHs). Crypto Fear And Greed Index Points At Extreme Greed As per the latest weekly report from Arcane Research, the fear and greed index has recorded seven-month highs as the needle points at extreme greed. The “fear and greed index” is an indicator that represents the general sentiment of the crypto market on a numeric scale that goes from 0 to 100. When the metric has values below 50, it means there…

Everipedia VORTECS™ Score hits record high ahead of upcoming NFT drop to IQ stakers

In the world of technical analysis, any tool that gives the trader insight into the next possible market move is valued highly because an early signal of impending price action can turn an average trade into a multi-bagger. In a rare occurrence, Cointelegraph Markets Pro just posted a VORTECS™ score of 98, one of the highest scores ever recorded, for an altcoin called Everipedia (IQ). The project is a blockchain-based encyclopedia that has the vision of creating “a world where all knowledge is available to all people.” VORTECS™ Score (green) vs.…

3 reasons why Harmony (ONE) rallied to a new all-time high

Ecosystem development funds have become one of the latest market-moving trends in the crypto sector and protocols with large treasuries have discovered that  reward and incentive programs are one of the best ways to attract new users and protocols to a project.  One protocol that has recently seen its token price rally following the release of an ecosystem development grant is Harmony (ONE), a blockchain protocol focused on improving scalability between networks. The project uses cross-sharded contracts and a cross-chain infrastructure between multiple blockchains including Bitcoin (BTC), Ethereum (ETH), Polkadot…

Binance CEO expects ‘very high volatility’ in crypto. Here’s how to trade it

Volatility is a complex statistical measure commonly used by traders and investors. Those unfamiliar with it will likely attribute some sort of special ‘standing’ to analysts whenever the term is used. However, as shown in a recent comment by Binance exchange founder, Changpeng Zhao, most of the time people are clueless about what volatility means. Expect very high volatility in #crypto over the next few months. — CZ Binance (@cz_binance) October 21, 2021 This is not the first time that CZ has made an incorrect assumption on that topic. In…

Solana Hits New Record High as Layer 1 Tokens Follow Bitcoin’s Gains

The bitcoin dominance ratio, which measures bitcoin’s market capitalization relative to the total crypto market capitalization, dropped to as low as 44.62% over the weekend, before it returned to roughly 45% on Monday, according to TradingView. The decrease in the dominance ratio in the past few days indicated that at least part of bitcoin’s momentum had shifted to other tokens (altcoins). Source

Shiba Inu Hits Record High as Bitcoin Eyes Weekly Price Loss

Shiba Inu (SHIB), the self-proclaimed dogecoin killer, tapped lifetime highs on Sunday as bitcoin appeared on track to snap its three-week winning streak. The meme token traded at $0.0000455 at 11:20 UTC, topping the previous record price of $0.0000388 reached on May 10, according to data source Messari. Prices have risen by nearly 50% in the past 24 hours, extending the month-to-date gain to almost 500%. SHIB’s latest leg higher from $0.0000270 comes amid rumors that online brokerage platform Robinhood may soon list the cryptocurrency. Prices surged over 200% in…

Shiba Inu surges over 45% in two days to reach an all-time high

Shiba Inu (SHIB), a spin-off to Dogecoin (DOGE) token, reached an all-time high following a price surge of more than 46% in just two days. The SHIB/USD trading pair was valued highest at $0.00003941 during press time.  The latest price jump of SHIB token is attributed to an ongoing bullish trend from Oct. 15, which helped the cryptocurrency’s value rally by more than 26%. Since Oct. 17, SHIB maintained week-long support at roughly $0.00002796 before resuming to bull run to its all-time high. In the last seven days, Shiba Inu’s…