Meme coins burst onto the scene in early 2021 and helped kickstart the bull market after Dogecoin (DOGE) rallied above $0.01 to new highs while being shilled by the likes of Elon Musk and Mark Cuban. Shortly afterwards, Dogecoin clones and other canine-themed tokens popped up to catch the wave of bullish momentum and Shiba Inu (SHIB) was one of the projects that quickly caught wind and sailed higher. Now that Bitcoin has hit a new all-time high again, it appears that the meme tokens are ready to continue their run and this time they're not waiting for the big-name …

Shiba Inu (SHIB) continued its march upward on Oct. 27 with its price hitting a record high of nearly $0.000060 before correcting lower. SHIB rallied by more than 25% to an all-time high of $0.00005959, crossing above its previous all-time high of 0.00005000 (data from Binance). The latest move upside pushed the token's month-to-date (MTD) returns to approximately 726%, making it the fifth highest-grossing cryptocurrencies entering the final quarter of 2021. SHIB's October gains had slipped to near 606% following a price correction from its record high, still higher than the rest of the top-cap crypto rivals, including Bitcoin (BTC), …

Slovenia’s Ministry of Finance is reportedly seeking public consultation on a draft bill related to taxing cryptocurrency investments, according to local reports. The ministry’s intent to gauge investor sentiment comes almost a month after the Financial Administration of the Republic of Slovenia proposed a 10% tax on cryptocurrency activities. If signed into law under Slovenia’s Income Tax Act, the proposed bill will impose a 10% tax rate on every fiat-crypto conversion and payments made with cryptocurrencies. However, the threshold for tax liability will be set to15,000 euros ( $17,387) for the calendar year. Investors within the limit will be exempted …

Bitcoin (BTC) fell sharply on Oct. 27 as $60,000 finally gave way to two-week lows. Bitcoin bites into major buy wal Data from Cointelegraph Markets Pro and TradingView showed BTC/USD nearing $58,000 at the time of writing, hitting its lowest since Oct. 15. The move follows multiple retests of $60,000, with Bitcoin now taking liquidity in a large support wall with $57,000 as its base. Analysts, as Cointelegraph reported, were already prepared, with some data suggesting a deeper dive to a low as $50,000 would still preserve the overall bull trend. #Bitcoin couldn't break through $63.6K and tests the other …

Solana (SOL) price is meeting resistance near its all-time high again, but solid fundamentals and the impressive growth of its decentralized finance (DeFi) and non-fungible token (NFT) ecosystem are likely to drive the altcoin above $250 before year-end. Institutional investor interest is likely a key factor behind Solana’s impressive 490% gain since August. For example, SOL is the fourth largest Bitwise 10 Crypto Index Fund ($BITW) component, which overall is a $1.3 billion over-the-counter tradable market instrument. Traders should remember that this event is not necessarily positive since futures contracts require both a buyer (long) and a seller (short). Nevertheless, …

In the world of technical analysis, any tool that gives the trader insight into the next possible market move is highly valued because an early signal of impending price action can turn an average trade into a multibagger. 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.” While the VORTECS™ Score is simply an indicator and does not guarantee any …

The ultimate goal of any cryptocurrency project is to achieve widespread adoption by offering a use case that offers real-world value that can be applied across the globe and in every home. One project that just revealed a significant stride towards greater adoption thanks to its user-run wireless network is Helium, a 5G Internet-of-Things-focused project, which revealed a new partnership with Dish Network on Oct. 26. Today we take another huge step for @Helium 5G with the announcement of a new partnership between @DISH and Helium Inc! DISH is the first major carrier to join #ThePeoplesNetwork, expanding coverage with customers …

Calls for an altseason continue to grow louder as the price action in the altcoin market has been on the rise for a few days. Meanwhile, Bitcoin continues to consolidate below its all-time high near the $62,000 support level. Oftentimes, moves in altcoins center around one specific sector of tokens such as meme coins or decentralized finance protocols, but the current market is seeing rises across all sectors, which is possibly a sign that altseason is in fact heating up. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Secret (SCRT), Curve …

Shiba Inu (SHIB) may see a pullback by almost 25%-35% on fears that the cryptocurrency's excessive price rally in October has left it overvalued, a key indicator shows. Dubbed Relative Strength Index (RSI), the indicator measures the magnitude of an instrument's recent price changes to evaluate its oversold and overbought conditions. The result can be anywhere between the number 0 and 100, with a reading below 30 showing the instrument's oversold and above 70 showing its overbought status. SHIB crossed above 70 on Oct. 3 and peaked around 94 three days later. Ideally, its overbought reading could have resulted in …

Bitcoin (BTC) fell below $62,000 on Oct. 26 as the launch of the third U.S. regulated exchange-traded fund (ETF) failed to budge sideways price action. $61,600 support target for BTC Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting daily lows as U.S. markets opened Tuesday. The latest ETF, the VanEck Bitcoin Strategy ETF ($XBTF), was met with a decidedly different mood on the day as Bitcoin seemed unmoved by the prospect of fresh institutional involvement. Last week's ProShares Bitcoin Strategy ETF saw a surge which ended in new all-time highs for BTC/USD, these still unmatched as a correction …

Valour, a Zurich-based exchange-traded products (ETP) issuer, announced the launch of a fully-backed investment product to increase exposure to Uniswap decentralized exchange’s native token, UNI. The UNI token serves as the underlying asset within the Valour Uniswap ETP offering available as a fully-backed passive investment product. The Uniswap ETP was launched on a European stock exchange named Boerse Frankfurt Zertifikate AG, the Frankfurt Stock Exchange co-owner. Valour CEO Diana Biggs highlighted the inaccessibility of blockchain-based investment products on traditional markets and stock exchanges. Speaking about Valour Uniswap ETP’s position in making DeFi investments available via mainstream investment channels, he said: …

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 (DOT) and the Binance Smart Chain (BSC). Data from Cointelegraph …