Crypto derivatives platform Delta Exchange announced Wednesday that it has launched futures trading on Solana (SOL) and Cardano (ADA), giving investors a new access point to the leading altcoins. The initial rollout of SOL and ADA call and put options will have daily maturities, with weekly and monthly maturities to be made available at a later date. Options give owners the right, but not the obligation, to buy or sell a security at a specific price within a certain time window. Call and put options are used heavily in traditional markets but have become more prevalent within crypto. Delta Exchange …

The wider cryptocurrency market appears to be in the early stages of a recovery with many altcoins regaining their footing after correcting by 20% to 30% on Sept. 7 when Bitcoin (BTC) fell below $43,000. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were NEAR Protocol (NEAR), Algorand (ALGO) and PowerPool (CVP). NEAR Protocol gains 64% The top gainer NEAR Protocol is a decentralized proof-of-stake protocol focused on offering faster transaction speeds at a lower cost to help facilitate the adoption of blockchain technology. Data from Cointelegraph Markets Pro and TradingView …

Big banks have long stored currency, stock certificates and precious objects like gold and jewels on behalf of their clients. Now, thanks to a recent policy change by a federal banking regulator, they will be able to hold Bitcoin (BTC) and other alternative cryptocurrencies as well. In fact, banks have already begun not only accumulating cryptocurrencies but also trading them on crypto exchanges using three major keys to successful trading. Crypto trading trick #1: Crowd psychology We all know that when Elon Musk says jump, Dogecoin (DOGE) says, “How high?” There are key moments when the crowd has reliably reacted …

Kraken Australia CEO Jonathon Miller described Tuesday’s Bitcoin (BTC) crash as a natural correction after BTC was “dragged up” by the overheated Ether (ETH) and nonfungible token (NFT) markets. In its August report, Kraken notes that the supply of Ether on centralized exchanges fell to a three-year low of 12.8% at the start of the month, concluding “the likelihood of supply shock capitulating ETH higher is greater.” Miller noted that Kraken saw “a massive run-up of trading activity” leading into Ethereum’s highly anticipated London upgrade, adding that demand for Ether has sustained since. In addition to the hype surrounding Ethereum …

Interoperability between blockchain networks has emerged as one of the most important concepts in the cryptocurrency ecosystem because users are looking for the most cost-effective ways to transfer value across the ecosystem. One interoperability-focused protocol that has seen its price skyrocket to a new all-time high is Quant (QNT), a project designed to help enterprises integrate and operate distributed ledger technology (DLT). Data from Cointelegraph Markets Pro and TradingView shows that since reaching a low of $178 on Sept. 1, the price of QNT has surged 117% to a new all-time high of $387 on Sept. 6 as its 24-hour …

The real-world adoption of blockchain technology is a slowly developing process. It requires the proper use cases and a willing public open to new experiences when venturing outside of their comfort zone. An increasing number of real-world applications appear to be the motivating factor behind the recent gains seen in Fetch.ai (FET), a protocol focused on building an open access, token-based decentralized machine learning network to support the smart infrastructure being built around the digital economy. Data from Cointelegraph Markets Pro and TradingView shows that after hitting a low of $0.658 on Sept. 6, the price of FET spiked 70% …

Despite the Russian state maintaining a mostly unfriendly stance on cryptocurrencies like Bitcoin (BTC), a major state-backed museum is benefiting from the industry by raising hundreds of thousands of dollars with nonfungible tokens, or NFTs. The Russian State Hermitage Museum, the largest museum in the world, has finished its first auction on the NFT platform by Binance — the world's largest crypto exchange — selling five tokenized collectibles depicting masterpieces from artists like Leonardo da Vinci and Vincent van Gogh. The auction included five NFT copies of Hermitage-hosted artworks, including Wassily Kandinsky’s "Composition VI," Giorgione’s "Judith," Da Vinci’s "The Madonna …

Bitcoin (BTC) could jump to $58,000 or dive to $44,000 from its current levels, an analyst warns as $50,000 sees a “very healthy retest.” Hedging bets against a “swift downwards move” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD fluctuating around the $51,000 mark on Tuesday after losing $2,000 in two hours earlier in the day. Overnight, the pair hit fresh highs of nearly $53,000, coinciding with bullish momentum on the back of El Salvador becoming the first sovereign state to officially adopt Bitcoin as a currency. Now, $50,000 is once again a deal-breaker for bulls and bears alike, …

Solana (SOL) bulls have largely ignored its overvaluation risks as the blockchain asset goes after another milestone price level. The SOL/USD exchange rate almost reached $200 on Tuesday as investors continued to treat Solana as a long-term competitor to Ethereum, the world’s leading smart contracts platform. More bullish evidence came on Monday after Sam Bankman-Fried, CEO of crypto derivatives platform FTX, announced Solana’s integration into FTX’s upcoming nonfungible token (NFT) marketplace. On Monday, Bankman-Fried revealed that the new marketplace would enable NFT creators and owners to trade their digital arts cross-chain using Solana and Ethereum. The platform would also make …

Researchers have attempted to probe North American teens’ perceptions of the stock market, cryptocurrencies and other investments in the high-octane GameStop era. The results showed that cryptocurrencies edged ahead of some other asset classes such as real estate, with 25% of teens saying they would invest in crypto if given hypothetical funds as compared with 24% in real estate. About 43% remain convinced that the best bet would be to invest their funds in the stock market, yet a large share — 37% — said they’d refrain from investing altogether. These results were drawn from a survey jointly conducted by …

Bitcoin (BTC) kept traders on their toes on Tuesday as a sudden price dip sparked a retest of $50,000. BTC still “fine” at $49,000 Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it shed $2,000 in two hours Tuesday. The pair had hit $52,960 — nearly a four-month high — before consolidating and then heading lower. The volatile conditions mark a memorable day for Bitcoin adoption, coming as El Salvador becomes the first country in history to adopt a partial “Bitcoin standard.” For traders, the BTC price reversal, which at the time of writing had cooled at $50,500, …

Bitcoin (BTC) has been the uncontested cryptocurrency market leader since its creator launched the digital asset in 2009 and to date, it continues to be the dominant force in the industry. This truth was put on display on Sept. 6, when the price of Bitcoin rose to the $52,000 level and ignited a market-wide rally that lifted the price of small- and large-cap altcoins. When Bitcoin rallies, most of the legacy coins like Litecoin, Bitcoin Cash, XRP and Stellar tend to move in tandem. Now that BTC looks ready to test new highs, let's take a look at how the …