Bitcoin (BTC) rebounded strongly from $41,000 during Jan. 20 as bears hoping for a step into lower territory stayed disappointed. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD adding $1,000 after dipping to near the $41,000 mark for the first time since Jan. 11. In what could be a temporary reprieve, Bitcoin nonetheless stayed rangebound, with no noticeable attacks on resistance — behavior all too familiar for spot traders in recent days. "Good bounce from Bitcoin, but I'd be happier if we reclaim $42.4K region," Cointelegraph contributor Michaël van de Poppe summarized in his latest Twitter update. In a …

The Monetary Authority of Singapore has reportedly decided to shut down cryptocurrency automatic teller machines in the city-state. According to Bloomberg, to comply with new regulations issued by the Monetary Authority of Singapore (MAS), Singapore's central bank, cryptocurrency ATM operators in the country were forced to shut down their operations on Tuesday. The new clampdown on cryptocurrency ATMs sparked several reactions from the city's cryptocurrency operators, with Daenerys & Co saying it was "surprised" and canceled its ATM service on Tuesday evening. Their main competitor, Deodi, switched off its ATM network and sent staff to remove its crypto ATMs. The …

Fear and volatility remain the theme of the week as Bitcoin (BTC) continues to face stiff resistance near the $42,000 price level and stock markets were also hard hit on Jan. 18. Investor fear over this year's proposed rate hikes continue to apply bearish pressure and at the closing bell the DOW was down 530 points, or 1.4%. Despite the downturn, altcoins managed to overcome the noise and several posted double-digit gains on Tuesday. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Elsastos (ELA), API3 (API3) and Prometheus (PROM). Elastos launches …

Binance Coin (BNB) holders enjoyed a 1,760% rally from $37 to $692 between January and May 2021, but as is customary in crypto, this surge was followed by a 69% correction two weeks later. From there, it’s been a bit of a rough patch to regain investors' confidence and BNB failed to produce another all-time high in November even though the aggregate cryptocurrency market capitalization peaked at $3 trillion. In addition to being 33% down from its all-time high, BNB investors have other reasons to question whether the current $465 price is sustainable. Especially since traders were recently paying up …

Cardano (ADA) traded within striking distance of its three-week high this at the start of this week, leading some investors to suggest that a trend reversal was in order. In reality, the bullish momentum is primarily connected to anticipation of the upcoming decentralized exchange (DEX) called SundaeSwap. ADA price rose by nearly 12% on Jan.17 to reach an intraday high of $1.60, a day after SundaeSwap announced the launch of its "fully-functional beta decentralized exchange (DEX)." Nonetheless, the upside swing also came as a part of a wider rebound trend wherein ADA jumped by almost 50% in just seven days. …

The global supply chain has become an area of intense focus over the past couple of years and pressures from the pandemic and backlogged ports have led to a massive range of shortages for everyday items. One protocol that is focusing on optimizing supply chain management and building strength based on data from Cointelegraph Markets Pro is Morpheus.Network (MNW), a supply chain software-as-a-service middleware provider designed to integrate legacy systems with emerging technologies. According to data from Cointelegraph Markets Pro, market conditions for MNW have been favorable for some time. The VORTECS™ Score, which is exclusive to Cointelegraph, is an …

In this week’s episode of “The Market Report,” Cointelegraph’s resident experts showcase where to find some of the best stablecoin yields in decentralized finance, or DeFi. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook for the next few months? Pechman is here to break it down. Next up, join Cointelegraph analysts Benton Yaun, Jordan Finneseth and Sam Bourgi in a debate over the best platforms for stablecoin yields. Will Bourgi’s pick, Convex Finance — with its sizable community, reputation and multiple …

Privacy coins and zero-knowledge technology, which some use to obfuscate the identity of sends/receivers and transaction amounts, have gained enormous popularity in recent years due to mounting regulatory surveillance against the crypto sector. But despite their rapid rise in market cap, critics continue to scrutinize such class of assets as enablers for masking illicit activities. In an exclusive interview with Cointelegraph, Oliver Gale, CEO, and co-founder of the Panther Protocol (ZKP), elaborated on the technology behind its privacy decentralized finance, or DeFi, solutions and why it's necessary for today's crypto space: CT: How much did you raise from your recent …

Bitcoin’s (BTC) sudden crash on Jan. 10 caused the price to trade below $40,000 for the first time in 110 days and this was a wake-up call to leveraged traders. $1.9 billion worth of long (buy) futures contracts were liquidated that week, causing the morale among traders to plunge. The crypto "Fear & Greed" index, which ranges from 0 "extreme fear" to 100 "greed" reached 10 on Jan. 10, the lowest level it has been since the Mar. 2020 crash. The indicator measures traders' sentiment using historical volatility, market momentum, volume, Bitcoin dominance and social media. As usual, the panic …

2021 was a rollercoaster ride for many projects in the cryptocurrency market but as is the nature of crypto, many tokens hit new all-time highs and then spent the following months drifting lower as the hype surrounding the project faded and traders moved into greener pastures. This is exactly what happened with Theta, a decentralized broadcasting platform that allows users to earn rewards by contributing their computing resources toward the health of the network. Theta token kicked off its run on Dec. 11, 2020, when it rose 2,468% from a price of $0.621 to a new record high at $15.90 …

Bitcoin’s (BTC) volatility has been shrinking in the past few days. The standard deviation of daily Bitcoin returns for the last 30 and 60 days as calculated by the Bitcoin Volatility Index is at 2.63%, the least volatile it has been since November 2020. Generally, tight ranges are followed by strong price expansions. In 2020, the low volatility period in November was followed by a sharp rally in mid-December, which resulted in a supercycle that carried the price all the way to $64,854 on April 14, 2021. However, there is no certainty that the volatility expansion will happen only to …

Bitcoin (BTC) hovered near $43,000 on Jan. 17 as "boring" price action combined with signs that the market could be stabilizing. Leverage comes off all-time highs Data from Cointelegraph Markets Pro and TradingView showed BTC/USD staying firmly within its established trading range between $40,000 and $45,000. With few surprises expected thanks to the Wall Street holiday, traders took the opportunity to call for a level-headed approach on focus on altcoins. Bitcoin is down a few hundred dollars! Quick, someone come up with a narrative for this incredible crash and spread it around the media and twitter! (This is sarcasm, nothing …