Coinbase Institutional announced it is adding five new cryptocurrencies to the Coinbase 50 Index (COIN50), suggesting these are promising investments. The index counts with a “robust methodology” to diversify with a “rigorous fundamental and eligibility screening,” as Coinbase describes it.

Bitcoin (BTC) continued to trade in a range, oscillating between $94,000 and $98,000, maintaining its price over the past ten days, even though other prominent cryptocurrencies registered substantial gains.

Fantom (FTM) price performance is in the spotlight as Sonic Labs just scored a major launch milestone. The startup announced earlier on Monday that it has achieved the Genesis Block for its next-generation smart contract chain.

A recent technical analysis on TradingView has drawn attention to the Fantom price, with a projected 18,000% increase to reach $150 by 2025. Ultra-bullish predictions are common in the crypto market, but this one is exceptionally optimistic for Fantom.

Catch up on this week's biggest crypto and NFT gaming news and find some weekend reads in our latest roundup.

Historically, December has been a strong month for the crypto market, and December 2024 could follow that trend, particularly for altcoins. BeInCrypto has identified key altcoins to watch as the year comes to a close.

A widely followed crypto analyst thinks one Solana (SOL) challenger is gearing up for more rounds of upside bursts. Pseudonymous analyst Altcoin Sherpa tells his 232,200 followers on the social media platform X that Sei (SEI) looks bullish after breaking out of a rounding bottom pattern on the weekly chart.

Story Highlights The Gaming tokens regain momentum, 5th best-performing category of the day. The SAND token records a 2x surge this week and the GALA token bags 100% this month. Technical indicators record increased bullish action, highlighting a higher price target.

Whales consistently play a significant role in shaping crypto market prices, making it worthwhile to track their buying activity for potential gains.

Fantom (FTM), one of the standout performers in the cryptocurrency market, has surged an impressive 60% over the past week, propelling its market capitalization above the $3 billion mark. This surge has caught the attention of traders and analysts alike, as the altcoin's rally has outpaced some of the biggest names in the market, including Ethereum (ETH), Solana (SOL), and Avalanche (AVAX).

Fantom (FTM) has been on a remarkable rally this week, with its price climbing by 8%, following an impressive 43% surge just the week before. As Bitcoin (BTC) begins to recover from recent dips, many altcoins, including Fantom, are experiencing significant upward momentum.

As Bitcoin ($BTC) stalls at the $100,000 crossroads, certain altcoins are at the brink of breakouts. $BNB, $NEAR, and $FTM are at this juncture.

While the latter half of the week has seen a cooldown from GALA's recent 80% rally, it remains among the most resilient altcoins in the face of Bitcoin's recent dip - and it doesn't appear to be finished yet. The post Time to Buy Gala? GALA Up 80% In 30 Days, Another Pump Coming? appeared first on Cryptonews.

Fantom is a highly scalable blockchain platform for DeFi, crypto dApps, and enterprise applications. Sonic Mainnet Launch Fantom is set to launch its Sonic mainnet in December 2024, marking a major upgrade to improve the networks performance.

Fantom crypto (FTM) surges 60%, leaving competitors behind. But will its rally last?

Fantom price has been on a roll with 60% gains on the weekly chart. Smart contract platform Fantom's native cryptocurrency FTM gained another 10.69% in the last 24 hours, shooting past an important milestone of $1.

Fantom's FTM emerged as the leading gainer among the top 100 cryptocurrencies by market cap amid community hype regarding the launch of its Sonic mainnet and a significant rise in whale investment.

The cryptocurrency market faces an absolute bloodbath, with Bitcoin (BTC) sliding toward the $90,000 mark as the ongoing price correction deepens amid rising liquidations and profit-taking.

In this article, we look at the latest news of the Thena, Fantom, and Helium projects, and then move on to the chart analysis of the respective crypto.

The crypto market today has been showing mixed signals, with a significant decline in the prices of numerous cryptocurrencies. The global crypto market cap is presently down by 1.89% in the past 24 hours, taking the numbers to $3.19 trillion.

The cryptocurrency market experienced a bearish trend on November 27, with major tokens like Bitcoin, Ethereum, Solana, and XRP seeing significant losses. However, Fantom and Algorand stood out, recording notable gains amidst the market turbulence. BTC, ETH, SOL, and XRP tokens decline The total crypto market cap has dropped by 2%, standing at $3.

Sky Mavis, the company behind Axie Infinity, is laying off 21% of its workforce as part of a strategic refocus. Laid-off Workers to Receive Job Placement Assistance Sky Mavis, the blockchain startup behind Axie Infinity, announced plans to lay off about 50 employees, or 21% of its workforce.

Despite a price correction across the cryptocurrency landscape, Fantom (FTM) is making waves as it leads the market with an impressive price surge of over 10%. With this notable increase in the past 24 hours, FTM is currently trading near $1.05.

Fantom (FTM) price has risen in the last 24 hours, outperforming a declining market. Its ADX has surged to 47, signaling strong trend momentum, and historical data suggests it could rise even further.

Fantom coin price has been on an ascent, gaining 45 percent in a week that has seen BTC gain a measly 3 percent. What's behind the surge?

As recent bull market sentiment begins to show its cracks and Bitcoin takes a tumble, layer-1 altcoins appear among the most resilient, with Avalanche, Polkadot, and Fantom as standouts. The post Layer 1 Altcoins Immune to Bitcoin Dip: AVAX, DOT and FTM Price Surge Despite Red Market appeared first on Cryptonews.

Fantom (FTM) price has been on an impressive bullish run, gaining significant traction in recent weeks. In November alone, the cryptocurrency surged by 47.36%, marking its highest level in over eight months. As the Fantom price broke through critical resistance levels, it reached the $1 mark, with some analysts predicting further upside toward $1.

Fantom's impressive November rally has brought attention to critical price levels. With a surge in MVRV ratio and a breakout from technical patterns, key resistance levels could determine the next phase for FTM.

Story Highlights The FTM price retests the $1 mark and has soared 47.36% this month. The technical indicators record a potential bullish reversal. Increased buying pressure could push the price beyond the $1 mark. The Fantom token has achieved an 8-month high with its recent price surge.

An MVRV ratio of 1.59 shows that Fantom is fairly priced, but a break above 2 could make it overvalued.

The firm's founder has stressed that the layoffs are not financially motivated.

Sky Mavis is pushing for growth, and as part of this restructuring, it has downsized its workforce.

Axie Infinity creator Sky Mavis lays off 50 employees as part of broader efforts to adapt post-hack and market shifts.

Sky Mavis co-founder and CEO Trung Nguyen said resources freed up from the layoffs will be used in a new Axie Infinity game and other projects.

Despite the sudden increase in volatility in the crypto market, as Bitcoin struggles to eclipse the $100,000 barrier, the altcoins are sustaining a bullish trend. The FTM price has increased nearly 35% over the past 7 days and has reached a market cap of $2.7 billion.

Sky Mavis cut 21% of its workforce to focus on core products, with the CEO claiming it wasn't due to financial issues. The post Axie Infinity Creator Sky Mavis Lays Off 21% as Part of Restructuring appeared first on Cryptonews.

Sky Mavis has laid off 21% of its workforce The web3 firm said the decision was not related to its finances.

The layoff reflects a strategic move to focus on its projects, including a new Axie Infinity game, according to its CEO.

This week's 'top cryptocurrencies to watch' are all from the gaming market segment: Sandbox, MANA and Axie Infinity.

Fantom surges 20%, breaking out of consolidation and eyeing major resistance at $1.14.

China's Huawei, blacklisted by the U.S., said on Saturday it is targeting 100,000 applications for its Harmony operating system in coming months as it seeks widespread help to achieve self-reliance.

Axie Infinity (AXS) and Smooth Love Potion (SLP) tokens have crawled back in the past few days as the ecosystem started to bounce back. The SLP coin was trading at $0.0035 on Friday, up by 65% from its lowest point this year. Similarly, the Axie Infinity coin was trading at $5.

Fantom (FTM) has been moving through a volatile price cycle recently, despite the broader cryptocurrency market's continued uptrend. Over the past two days, FTM experienced a significant 14% drop, drawing attention from traders and analysts alike.

Gala Film is set to launch its new token, $FILM, on December 5, 2024, aiming to transform the web3 entertainment landscape with its blockchain-based platform.

Bitrue has integrated Gala Games' GalaChain, enabling $GALA trading without Ethereum bridges. This partnership offers lower fees, enhanced security, and expanded trading options.

Gala Games has been making waves in the gaming and cryptocurrency space, thanks to its play-to-earn model and its focus on the metaverse. The GALA token, native to the platform, has experienced dramatic price movements in recent years.

FTM is approaching a key support level at $0.609 after a 14% decline.

Fantom (FTM) is showing promising signs of a breakout, driven by strong technical indicators and favorable on-chain metrics. However, while these signals suggest potential upside, there are still cautionary signs in the data that may affect the sustainability of the rally.