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Theta Network’s native token, THETA, has constantly risen over the past two weeks as the broader crypto market gained bullish momentum. THETA reached a three -month high of $0.79 at around 01:00 UTC on Nov. 1 with a total market cap of $790 million. The rise comes as Theta Network’s social volume witnessed a 50% surge over the past 24 hours and a 350% boost since Oct. 28, per Santiment data. THETA price, social volume, Open Interest and Binance funding rate – Nov. 1 | Source: Santiment Moreover, THETA emerged as the top gainer among the top 100 crypto assets, with a 10% hike in the past 24 hours. The asset is trading at $0.756 at the time of writing, with a market cap of just over $755 million. You might also like: 15th anniversary of Bitcoin white paper: From concept to multi-billion-dollar market Theta Network’s 24-hour trading volume skyrocketed by 531%, reaching almost $97 million. According to data provided by the market intelligence platform, THETA’s tota...

The global crypto market has suffered a strong bearish momentum since early 2022. However, Bitcoin’s (BTC) surge above $30,000 has triggered a market -wide rally for most altcoins. According to the data provided by CoinMarketCap (CMC), the global crypto market capitalization hiked by 2.05% in the past 24 hours, reaching roughly $1.16 trillion. Per the data aggregator, the market ’s 24-hour trading volume surged 21%, surpassing the $47 billion mark. As the market rallies, Bitcoin’s price witnessed a 2% surge and is trading at $30,730 at the time of writing. BTC’s market dominance hiked to 51.5%. This suggests that the flagship cryptocurrency, Bitcoin, could’ve driven the recent rally. BTC price on Oct. 23 | Source: Trading View Moreover, the “fear and greed” index has also surpassed the 55-point mark, reaching a three-month high despite the negative impact of the Israel-Hamas war. You might also like: FBI charges 6 for running $30m crypto ring Crypto investor and...

CryptosRUs, a popular cryptocurrency YouTuber with over 666,000 subscribers, believes several technical and fundamental indicators suggest the bottom is near for Bitcoin. In a livestream video on Oct. 11, CryptosRUs analyzed the latest crypto market trends and pointed out signs that Bitcoin is oversold and due for a rally. One of the key indicators CryptosRUs highlighted is the Relative Strength Index (RSI), a technical analysis tool that measures whether an asset is overbought or oversold. The RSI for Bitcoin recently hit low levels, indicating the cryptocurrency is oversold. “This is one of the most basic indicators out there for charts. RSI measures whether or not Bitcoin is oversold or overbought. […] We’re oversold.” CryptosRUs, YouTube analyst CryptosRUs pointed out that the RSI is signaling similar conditions now as during previous Bitcoin bottom formations. You might also like: Bitcoin price drops below $27k despite high social volume ...

In the latest Cointelegraph Report, we assessed the value AI is bringing to the crypto industry, by separating the hype from real use cases. In the latest Cointelegraph Report, we sought to find out the real value AI brings to the crypto industry beyond the hype surrounding the technology. To do so, we looked into three main areas where AI is impacting crypto : trading, data analytics, and user experience.  For many years, trading bots have allowed users to execute trades in an automated way based on certain pre-set parameters.  With the recent development of Large Language Models such as ChatGPT, AI-powered bots are capable of processing large amounts of historical data, which can be helpful in predicting future price movements.  However, despite the latest advancements, AI-powered bots are still not sophisticated enough to elaborate complex trading strategies. “It's basically like having a bunch of dumb partners who can, who can adhere to very basic commands, but they can'...

This week’s episode of Market Talks discusses whether it will ever be “too late” to buy Bitcoin and why BTC could take over the financial world. On the latest episode of Cointelegraph’s Market Talks , host Ray Salmond spoke with Luke Broyles, a popular Bitcoin (BTC) advocate and content creator on YouTube and X (formerly Twitter). During the show, Broyles laid out his Bitcoin invest ment thesis and his unique perspectives on how the asset’s price could eventually rise into seven-figure territory. Broyles said that in 2020, he realized the bond market was broken. While searching for alternative invest ments, he discovered Bitcoin as a sound option. When asked about his Bitcoin invest ment strategy and how he stomachs the volatility, Broyles said:  “I do not own bonds. I have sold off 97% of my stocks over the past three years, and I’m selling off the last 3% this week actually, so it’s funny that you ask that. By the end of this week, the only three assets that I will own will be U.S. ...

Several Bitcoin price indicators suggest that BTC’s narrow trading range could end soon, resulting in a volatile price move in BTC and altcoins. Bitcoin continues to test investors’ patience, as it remains stuck inside a tight range. Although the near term is boring, traders need to be on their toes because narrow ranges are generally followed by a sharp increase in volatility. The only problem is that it is difficult to predict the direction of the breakout with certainty. Glassnode’s latest weekly newsletter highlighted that Bitcoin’s (BTC) consolidation has shrunk the Bollinger Bands, which are separated by just 4.2%. Citing various on-chain indicators, the authors concluded that investors are unwilling to sell, and in several aspects, it looks similar to “periods like 2016 and 2019-20, characterized by choppy market conditions.” Daily cryptocurrency market performance. Source: Coin360 Although Bitcoin’s near term may look uncertain, the long term remains bullish. Capriole Investme...

Stock markets continue to trend upward, while crypto investors wait for this week’s Federal Reserve statements before choosing which direction BTC and altcoin prices will take. The United States equities markets are trying to extend their recovery at the start of the new week. One of the reasons that could be boosting investor confidence is that the yield on the benchmark 10-year note has slipped further to 3.924%. However, the bullish sentiment of the equities markets has not rubbed off on the cryptocurrency markets which continue to underperform. Bitcoin’s (BTC) tight range trading since March 4 suggests that there is uncertainty about the next directional move. Daily cryptocurrency market performance. Source: Coin360 Generally, periods of low volatility are followed by a pick-up in volatility. The congressional testimony of Federal Reserve Chair Jerome Powell on March 7 and March 8 will be watched for the outlook on inflation and rate hikes. Later, on March 10, the release of Febru...