Bitcoin (BTC) is struggling to sustain above $50,500, but that has not stopped the altcoins from following in Ether's (ETH) footsteps after the top-ranked altcoin hit $4,000 on Sept. 3. This has pushed Ether’s market dominance above 20%, while Bitcoin’s dominance has shrunk to 41.1%. However, Bitcoin’s hesitation in the past few days has not altered the outlook of Bloomberg senior commodity strategist Mike McGlone, who has retained a $100,000 target on Bitcoin and $5,000 on Ether. Apart from the top two cryptocurrencies, the nonfungible token (NFT) sector had been attracting the attention of investors since July. Cointelegraph contributor Jordan …

Optimism across the crypto market continues to rise as bullish developments in the price of Bitcoin (BTC) and Ethereum (ETH) renewed discussions about a 2013-style double-pump rally that could push Bitcoin's price past $100,000. The positive price action hasn’t been limited to the top two market leaders. Many altcoins continue to rally, and the "altseason" indicator from Cointelegraph Markets Pro is signaling that the momentum could continue for a while longer. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were Presearch (PRE), Aragon (ANT) and IOTA (MIOTA). Presearch's Android app will …

NFTs are the new muse In an exclusive shared with Cointelegraph, celebrity-focused NFT auction platform Cryptograph has announced the launch of an exclusive track from Muse frontman Matt Bellamy in the form of a nonfungible token (NFT). The token will be issued to accompany the launch of Bellamy’s new 10-track solo album, Cryosleep, on July 16, which was recorded on the same guitar Jeff Buckley used for his hit album Grace. The album includes the track “Pray,” which was featured on the Game of Thrones soundtrack. Cryptograph is a platform that is focused on charitable fundraising through NFT auctions from …

Artificial intelligence research lab Fetch.ai has partnered with blockchain network Iota to enable a “controlled data sharing environment” for connected devices, setting the stage for a broad leap in Internet of Things (IoT) capabilities. The partnership, which was announced Wednesday, will allow sectors such as mobility, supply chain logistics, finance, healthcare, energy and others to utilize automated data sharing across IoT networks. Iota’s native Tangle technology will help facilitate secure payments and communications between devices. “While there are numerous partnerships focusing on data privacy, this one adds the layer of economic benefit for stakeholders via autonomous economic agents without compromising …

The roadmap to Iota 2.0 has reached another milestone as the Iota Foundation launches the Nectar DevNet. In a blog post published on Wednesday, the Iota developer announced the news of the Nectar DevNet launch, which forms an essential part of the preparatory work for the release of Iota 2.0 slated for late 2021. The Nectar DevNet follows on the heels of the Chrysalis upgrade and is an expansion of the Pollen Testnet released back in June 2020. The Iota 2.0 DevNet sets the stage for the transition to a feeless, permissionless and fully decentralized Tangle network. According to the …

Bitcoin’s (BTC) hesitation near the all-time high suggests that the bulls and the bears are waiting for a trigger to start the next trending move. The bulls are searching for a positive catalyst to thrust the price above the overhead resistance. On the contrary, the bears may be standing by in anticipation of any signs of weakness that could confirm a short-term top. The event that may act as a trigger is the Nasdaq listing for Coinbase's COIN stock on April 14. A successful listing is likely to be cheered by the crypto bulls because that could signal increased crypto …

The Iota protocol (MIOTA) is continuing its pivot toward implementing smart contracts with an alpha release of IOTA Smart Contracts Protocol, or ISCP. As announced on Thursday, the project has released a more stable iteration of its smart contracts platform, which was previously in the pre-alpha stage. The new version signals a higher readiness of the technology, allowing developers to compile and test smart contracts for the first time. The smart contracts are based on Rust and the WebAssembly framework, putting it in a similar development environment as some of the more recent smart contract platforms like Polkadot and Near …

Bitcoin (BTC) price has been correcting in the past few days and traders are curious to know whether this is a minor pullback or the start of a deeper decline. The problem is that no one has a crystal ball and analysts can only point to critical support levels that may hold based on historical data and evidence. However, in a bear phase, the price tends to slip below key support levels as traders panic and sell out of fear, similar to how the price exceeds the upside targets during a bull run as traders buy due to FOMO. March …

Bullishness in the cryptocurrency market continued on Feb. 18 as Bitcoin (BTC) trades near $51,000 and Ether (ETH) is within reach of the $2,000 level for the first time as retail traders remain long while pro traders are less optimistic in the short term. Data from Cointelegraph Markets and TradingView shows Bitcoin price has pulled back slightly from recent all-time highs to a current value of $51,924 while ETH price has increased 5.66% to a record high of $1,950. Investors in Canada showed their healthy appetite for access to the top cryptocurrency as the debut of the Canadian Bitcoin ETF …

Shortly after Tesla announced that it will allow customers to buy products with Bitcoin (BTC), a curious job posting from Amazon suggests that the company could also be working on a platform that will allow customers in Mexico to use digital currencies for making payments. If Amazon jumps on the crypto bandwagon, it will immensely strengthen the possibility of cryptocurrencies going mainstream across the world. Today Bitcoin price is showing a new spark of optimism after the Bank of New York Mellon announced that it would hold, transfer and issue Bitcoin on part of its clients. The bank is also …

Early on in the coronavirus pandemic, the heightened need for various biosurveillance measures sparked interest in the relevance of privacy-enhancing technologies such as blockchain that could protect public health data amid the crisis. A Twitter user claimed last week that Frankfurt Airport's coronavirus testing center appeared to be using Iota blockchain technology to manage passengers' health stats, and this fact has now been confirmed to Cointelegraph by the technology provider. Ubirch, a blockchain-based cybersecurity technology provider based in Cologne and several other locations, has developed the IT infrastructure for a solution it calls the "Digital Corona Test Certificate." The solution …

In a verbose and, at times, vituperative blog post published today, IOTA founder David Sønstebø seeks to “quench all concern” about his state of mind, assure the community that the “IF [IOTA Foundation] is not broke,” and hint at future plans for the ecosystem being hatched in collaboration with “investors, separate DLT-project leaders, community devs and others.” As Cointelegraph previously reported, in a December 11th announcement, the IOTA Foundation’s board revealed that Sønstebø had been removed from the organization after a “unanimous” board vote. Sønstebø had served as co-chair of the Foundation since 2017. Sønstebø’s blog post seeks to clear …