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 is a public network that uses a distributed ledger technology known as Hashgraph to increase scalability and lower transaction costs. Two of the main reasons for the recent rise in Hedera’s native cryptocurrency, HBAR, include a growing list of ecosystem partners and the introduction of nonfungible token (NFT) minting capabilities to the network. Hedera partnerships expand HBAR’s availability The Hedera partnership program is an offshoot of the Hedera …

Bitcoin's (BTC) rise back above the $48,000 mark was back by similar moves from altcoins and analysts expect the market-wide rally to continue if the top-ranked digital asset can take aim at the $50,000 resistance level. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were Frontier (FRONT), Ren (REN) and Keep Network (KEEP). Frontier's cross-chain app launch excites the community Frontier is a decentralized finance (DeFi) aggregator that focuses on offering support for the Ethereum, Binance Smart Chain and Harmony blockchain. VORTECS™ data from Cointelegraph Markets Pro began to detect a …

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 higher on the pair entering Wednesday, pushing its value higher to $26.07 at one point, up more than 15% from the previous session’s open of $22.66. Market-wide recovery behind UNI gains? The majority of UNI’s gains in the previous 24 hours seems to have surfaced …

Decentralized finance-focused protocols are seeing a sustained upward move, and the momentum appears to be picking up pace now that the NFT sector has cooled off over the past two weeks. Since the beginning of August, Elrond (EGLD) — a scalable and secure blockchain platform designed for distributed apps and enterprise-level businesses — has been in a strong rally. Data from Cointelegraph Markets Pro and TradingView shows that since hitting a low of $52.00 on June 22, the price of EGLD has charged 437% higher to a new all-time high of $302.14 on Sept. 14. Three reasons for EGLD's surge …

Bullish sentiment is on the rise on Sept. 14 as the price of Bitcoin (BTC) climbed higher throughout the morning and now takes aim at the $47,000 level. The building momentum also had a positive effect on altcoins and a handful of tokens posted double-digit gains. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were Rari Governance Token (RGT), Curve (CRV) and Synthetix Network (SNX). RGT holders vote on the project's first DAO proposal The Rari Governance Token is the native token of Rari Capital, a non-custodial decentralized finance (DeFi) protocol …

The minimum cost to buy a CryptoPunks nonfungible token (NFT) from secondary marketplaces dropped below 80 Ether (ETH) on Sept. 14. Larva Labs reported that the so-called "CryptoPunk 1417," a pixelated avatar of one of 3840 women created by digital artists Matt Hall and John Watkinson, is listed for sale at 79.99 ETH (almost $266,168). The floor price of CryptoPunks fell below 80 ETH. pic.twitter.com/aD3Cwbl0IK — Wu Blockchain (@WuBlockchain) September 14, 2021 A quick look into the history of transactions involving #1417 showed that its owner sold it for as low as 0.9 ETH (~$159) in January 2020. The new …

Nonfungible tokens (NFTs) and play-to-earn gaming are two of the hottest trends in the crypto sector because each presents new avenues for attracting users and the unique character of each niche allows participants to generate wealth rather than having to spend money to become a part of the community. Gala Games, a blockchain-gaming-focused project that allows users to use their unique NFT characters in gameplay, saw its GALA token etch out significant gains after Binance announced plans to list the GALA token. Data from Cointelegraph Markets Pro and TradingView shows that after hitting a low of $0.021 on Sept. 12, …

The price of Cardano (ADA) fell on Monday in line with the other top cryptocurrencies despite the completion of its hard fork upgrade dubbed “Alonzo,” which introduced smart contract functionality. The ADA/USD exchange rate dropped 10.67% to reach its intraday low of $2.30, partly due to profit-taking sentiment among traders following the pair’s 1,200%-plus price rally this year. Additionally, the intraday sell-off also surfaced in the period of an overall crypto market decline, with top tokens Bitcoin (BTC) and Ether (ETH) falling 4% and 6.97%, respectively. Cardano’s drop appeared when its core foundation rolled out a long-awaited smart contracts feature …

Protocol and community development initiatives have become the latest trend in the cryptocurrency market after a number of projects have launched multi-million dollar funds aimed at enticing builders and investors to make the cross-chain migration into the layer-two ecosystem. The latest project to capitalize on this trend is Harmony (ONE), a blockchain protocol that boasts a two-second transaction finality and offers cross-chain bridges to a handful of layer-one protocols, including Bitcoin (BTC), Ethereum (ETH), Polkadot (DOT) and the Binance Smart Chain (BSC). Data from Cointelegraph Markets Pro and TradingView shows that, since hitting a low of $0.095 on Aug. 31, …

Avalanche’s AVAX token looks poised to hit $80, as per a classic technical pattern, after hitting a new high of over $65 on Sept. 12. Dubbed as a “bull flag,” the structure emerges as a brief sideways/downward trend following a strong price move higher. As a result, bull flags tend to look like downward sloping channels, represented by two parallel trendlines that trap the price action. Additionally, a market’s underlying trade volume dries up as prices move lower, indicating weakness in the downtrend. Therefore, bull flags typically resolve following a break above their upper trendlines, with prices pushing as high …

In the last 24 hours, Terra (LUNA), a blockchain protocol focused on building a global payments system powered by the UST stablecoin, rallied to a new all-time high at $45. Data from Cointelegraph Markets Pro and TradingView shows that, since bottoming at a low of $5.61 on July 20, the price of LUNA has ripped 720% higher to a record high of $45 on Sept. 10. The swift rally also lifted the total value locked (TVL) on the Terra protocol to a new all-time high at $7.83 billion on Sept. 5, making Terra the fourth-ranked blockchain platform by TVL, according …

In the ever-evolving world of cryptocurrencies and blockchain technology, the race to establish a highly scalable, user-friendly network capable of being adopted on a global scale is a never-ending marathon where new competitors regularly join in on the race. Bitcoin is undoubtedly the market leader when it comes to network security, active users and market capitalization value, while Ethereum has thus far established itself as the top smart contracts platform, but the continued difficulty in getting these networks to scale has opened the door for next-generation blockchain protocols to gain a foothold in the market. The tenuous nature of Ethereum’s …