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The Algorand-based AI-powered content publishing platform LimeWire is back on trends with its native utility token, LMWR, reaching its 25-week high.  LMWR is up by 85% in the past 24 hours and is trading at $0.36 at the time of writing — last seen in mid-May this year. The asset’s market cap has reached $16.35 million. 24-hour trading volume rose by 490%, surpassing the $6.9 million mark.  LMWR price – Nov. 7 | Source: Santiment The asset touched a local top of $0.47 briefly at around 03:00 UTC earlier today. At the current price point, LimeWire is up by 462% from its all-time low of $0.05 in mid-August and still down by 83% from its all-time high of $1.92 in mid-May when the token launched. You might also like: Zero-knowledge proof investments surge as practical use cases emerge Moreover, data provided by Investors Observer shows that the resistance point for LMWR is set at around $0.16, with the expectations of a further plunge if the asset closes down to th...

The price of Qtum (QTUM) has grown by more than 19% in the last 24 hours, accompanied by a 283% rise in its trading volume . The recent bullish market sentiment sparked by expectations around Bitcoin (BTC) seems to have rubbed off on QTUM. The coin, ranked 112 by market capitalization on CoinGecko, is currently trading at $3.10. It had gone as high as $3.21 in the last day. QTUM price chart | Source: CoinGecko Data from CoinMarketCap shows traders moved more than $188 million worth of QTUM in the last 24 hours, a 283% jump from the previous day. QTUM has also showcased a notably robust performance over the past seven days, both in terms of volume and price movement. In that period, the token’s price has risen by nearly 35%. The same growth is reflected in QTUM’s 14-day and 30-day price charts, where it registered improvements of 44% and 41% respectively. Analysts at InvestObservers have given QTUM a “very bullish” rating, citing its recent performance. However, they express...

Deflationary meme currency Pepe Coin is embroiled in a web of controversy surrounding a significant token theft and accusations of insider trading. As the Pepe Coin saga unfolds, an on-chain analyst known as Yazan alleges that individuals with privileged access have commenced the liquidation of their PEPE holdings, with a substantial volume of approximately 400 billion PEPE tokens already divested.  Update: The number is now up to 665 billion $PEPE and the wallet selling still has 346 billion $PEPE. 0x22f6215b40434D9135B06f1C676fd9291936Aac3 — Yazan (@YazanXBT) August 26, 2023 Yazan has issued a fervent call to action, urging prominent cryptocurrency trading platforms such as Binance and OKEx to take proactive measures to quell the alleged insider trading practices. The claims come on the heels of a post on social media from the official Pepe account detailing how 16 trillion Pepe tokens — valued at $15 million — were illicitly transferred to crypto exchanges OKX, Binanc...

ATPBot has released an auto- trading bot with simplified Features for both novice and experienced traders. ATPBot  focuses on quantitative trading strategy development and services. ATPBot utilizes artificial intelligence (AI) to develop and execute quantitative trading strategies for cryptocurrency investors. It offers preset parameters and extensive historical back-testing, providing users with proven strategy options without manual configuration. Source: ATPBot , 40-month backtest profit 879%, max drawdown 33% Using ATPBot requires three steps. After connecting to a crypto exchange API, the user selects a strategy that matches their requirements and enters the investment amount. Finally, they click Run and wait for the AI trading bot to capture signals and trade on their behalf 24 hours a day. Read more: Vitalik’s tests reveal the power of ChatGPT ATPBot uses extensively tested and proven strategies, providing highly detailed backtest data and constantly adjusting it...

Starting May 31, TradeBlock will commence the official procedure of winding down its operations. Venture capital conglomerate Digital Currency Group (DCG) is closing its prime brokerage subsidiary TradeBlock, citing the state of the broader economy and an uncertain regulatory environment for crypto in the United States.  According to a May 25 report from Bloomberg, TradeBlock, led by Breanne Madigan, will officially begin the process of shutting down effective May 31. Barry Silbert’s crypto conglomerate, Digital Currency Group, is shuttering its TradeBlock institutional trading platform https://t.co/duE4YnknrR — Bloomberg Crypto (@crypto) May 25, 2023 “Due to the state of the broader economy and prolonged crypto winter, along with the challenging regulatory environment for digital assets in the US, we made the decision to sunset the institutional trading platform side of the business,” a spokesperson reportedly told Bloomberg.  DCG and its portfolio of companies have faced chal...

Cointelegraph Markets Pro alerts beat the market once again, providing seven trading opportunities based on four different asset indicators. In Cointelegraph Markets Pro’s latest VORTECS Report, the institutional-grade crypto trading platform displayed how its members could have captured a cumulative 390% gain by following seven trades based on four different advanced data indicators. The report depicts trading alerts generated between March 11 – 18, 2023.  The potential gains available to Cointelegraph Markets Pro subscribers significantly outperform a simple buy-and-hold strategy during the same period, which would’ve yielded holders of Bitcoin (BTC) a 33% gain. Cointelegraph Markets Pro uses indicators such as the VORTECS Score, NewsQuakes, Most Active On-Chain and Top 5 Exchange Outflows to provide alerts for subscribers in real time. The past three reports have included alerts with cumulative returns over 100%, showing that this advanced crypto intelligence platform churns out wi...

Achieving complete decentralization can happen through cross-chain liquidity aggregation. Many decentralized exchanges boast cross-chain capabilities, but in fact, the majority of them simply use bridging technology to perform swaps. To bring complete decentralization to crypto trading, one exchange has developed a fully cross-chain liquidity aggregation mechanic that does not rely on bridging. Find out more about cross-chain liquidity in the latest Cointelegraph interview with Chainge founder Dejun Qian. Q: What is the biggest problem facing DEXes at the moment, and why is it such a challenge? DEXs have several problems, among which the most notable are: lack of liquidity, inefficient/hazardous interoperability solutions, and user experience. The first two issues are partially correlated: Lack of liquidity is one of the primary reasons why some traders still prefer using CEXs. And it’s pretty difficult for DEXs to catch up since they have to rely on liquidity providers and can only a...

Twitch streamer and NFT project founder DNP3 admitted in a Twitter post that he gambled and lost investor funds. DNP3, a streamer and founder of several crypto projects like The charity-focused crypto CluCoin, The Goobers NFT and the metaverse platform Gridcraft Network has admitted to losing investor funds through gambling.  In a tweet, the nonfungible token (NFT) project founder talked about his gambling addiction and issued a public apology. I’m sorry. Read: https://t.co/RKM1wYggnC — DNP3 (@DNPthree) January 3, 2023 The Twitch streamer said that he got "incredibly addicted" to gambling in the last year. Eventually, the Twitch streamer claimed that he lost everything. He wrote:  “In addition to my own life savings, I also irresponsibly used investor funds to try and get my money back from the casino which was wrong for so many reasons.” The streamer added that he is now financially and spiritually broke. He also highlighted that his sense of trust in himself is compromi...

A Cointelegraph Markets Pro score-based trading strategy reaped a 176% return in 2022 while Bitcoin plummeted 70%. The word volatility is typically received as a negative by financial circles just the same way the name Lionel Messi is received in Brazilian favelas, yet volatility historically presents some of the greatest opportunities for gains, especially in the crypto markets.  The crypto market experiences much greater price oscillations on average when compared to traditional markets, such as equities, bonds and Treasury bills. In 2021, the benefits of volatility were on full display: Market proxies like the S&P 500 exchange-traded fund trust (SPY) climbed 27%, while Bitcoin (BTC) rose a whopping 140%! Of course, the story is darker in 2022, but veteran Bitcoin investors did not find Bitcoin’s unceremonious drop from its high to be a surprise; in fact, crypto winters have historically seen Bitcoin’s value drop by over 60% at least three different times in the past, before ri...

A golden cross is one of the most popular bullish signals for cryptocurrency traders but it does not necessarily mean you should immediately enter the market. A golden cross pattern on the charts excites crypto traders for its promises of profitable opportunities ahead, largely due to its impressive success rate in traditional markets. The golden cross tends to preceded sustained uptrends in contrast with the bearish death cross pattern. For instance, since 1970, the S&P 500 has been returning about 15% gains on average in less than a year after a golden cross's occurrence. The golden cross's record in the benchmark crypto asset Bitcoin (BTC) is similarly impressive. Notably, the indicator has appeared seven times on Bitcoin daily charts since 2010, out of which five have led to massive bull runs. What is a golden cross pattern? Before discussing the golden cross, let's discuss its core component known as moving averages (MA). A moving average records the average chan...

Crypto investor sentiment saw a slight upswing, but the potential of a deep liquidity crisis in the sector could keep investors at bay. 2022 was a near-unprecedented year of extremes and black swan events for the crypto market, and now that the year is about to wrap up, analysts are reflecting on the lessons learned and attempting to identify the trends which may point to bullish price action in 2023.  The collapse of Terra Luna, Three Arrows Capital and FTX created a credit crunch, a severe reduction in capital inflows and an increased threat that additional major centralized exchanges could collapse. Despite the severity of the market downturn, a few positives have emerged. Data shows long-term hodlers and smaller-sized wallets are actively accumulating during this period of low volatility. While the market continues to see red, positives are emerging. Let’s dive in on the positive and negative data points. Low liquidity and losses abound When liquidity was flooding into the market...