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Highlights Feb 28: Crypto markets lower, healthcare with strong performance amid conflict

The crypto markets were lower this morning, with the majority of top 10 cryptos registering losses over the past 24 hours. 

US stocks ended last week higher, despite the Russia-Ukraine conflict causing wild volatility in global markets.

Healthcare stocks, a classic defensive play during uncertain times, performed strongly, with medical device companies Abbott Laboratories (+4.8% last week) and Medtronic (+5.2%) up significantly.

Miners were among the leading performers on the UK100 last week as the Russian invasion of Ukraine caused turmoil in global markets.

Top cryptos

All top 20 coins are in the red with the exception of Solana, which recorded negligible gains. Terra is down around 4% today, but its gains for the week sit at the impressive 42.89%. 

It’s also the only top 20 coin in the green for the week apart from Cosmos, which added 4% to its value in the past 7 days.

Bitcoin was down around 2%, trading below $38,000 at time of writing. Ethereum was down around 4%, and Cardano and XRP registered losses of around 1% and 3% respectively.

Top movers

Outside the top 20, 22nd ranking Uniswap is performing excellently. Uniswap Exchange announced it would start filling liquidity for test listing and begin test trading, causing its native token UNI to surge. It was up 8% at the time of writing.

Against the background of a generally bearish market, Arweave is one of the top gainers of the week. Currently trading for just over $31, it gained 12% over the past 7 days and another 8% today.

Other gainers today include Filecoin (+3%), Flow (+3%), Decred (+2%), and Iota, RavenCoin, Celo, and Huobi Token with less than +1%.  

At the other end are Convex Finance and THORChain (each -8%) and Harmony, Fantom, and Tezos (each -7%).

Trending

The native token of NuCypher, NU, has gained 25% in the last 24 hours. It is surging on news of its partner NuLink raising $4 million from a number of leading crypto investors, including Coincu Ventures and CypherVenture.

The live Keep Network price today is $0.80 with a 24-hour trading volume of $70.6 million. Keep Network’s privacy token KEEP is up 28% today.

SHIBA TRON is a meme token on BSC referring to Shiba Inu. It claims to offer investors a new DeFi product, where holders get 6% of each transaction. It has gained 1,730% today.

The post Highlights Feb 28: Crypto markets lower, healthcare with strong performance amid conflict appeared first on Coin Journal.

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Uniswap surges 11% on liquidity announcement: here’s where to buy Uniswap

Uniswap Exchange announced it would start filling liquidity for test listing and begin test trading, causing its native token UNI to surge. If you are attracted to unique features and want to learn how and where to buy Uniswap, this guide is for you.

Top places to buy Uniswap now

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Plus500

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What is Uniswap?

Uniswap is a popular decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance (DeFi) tokens.

An example of an automated market maker (AMM), Uniswap launched in November 2018, but has gained considerable popularity thanks to DeFi’s growing popularity and associated surge in token trading.

Uniswap aims to keep token trading automated and completely open to anyone who holds tokens, while improving the efficiency of trading versus that on traditional exchanges.

Uniswap creates more efficiency by solving liquidity issues with automated solutions, avoiding the problems which plagued the first decentralized exchanges.

Should I buy Uniswap today?

Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never take any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.

Uniswap price prediction

Wallet Investor advises against investing in Uniswap. They predict its price will drop from its current level of around $9.81 to as little as $1.30 in just one year, equivalent to a loss  of -87%.

If you invest $100 in Uniswap now, you might be left with $13 in a year. Of course, this is just one price prediction. Some analysts are bullish on Uniswap.  

Uniswap on social media

The post Uniswap surges 11% on liquidity announcement: here’s where to buy Uniswap appeared first on Coin Journal.

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Upcoming summit could push AVAX through $100 soon

  • AVAX is in recovery as the crypto market bounces back. 

  • Avalanche has a major summit coming up in March that could help drive the price past $100.

  • Avalanche is currently trading at a major resistance level.

Avalanche (AVAX) has been one of the best performing cryptocurrencies in the past week. While the broader market is in a sharp bullish reversal after a selloff earlier in the week, Avalanche is among those showing the most promise.

Avalanche has emerged as one of the platform blockchains best positioned to give Ethereum a run for its money. That’s because it has some of the lowest transaction fees in the platform blockchain space and is highly scalable. Avalanche has the capability to handle up to 4500 transactions per second.

Avalanche has also proven to be quite resilient, and so far has not experienced any network hacks that could destabilize it. Such performance capabilities and a good reputation make AVAX a potentially good cryptocurrency to buy in 2022.

The upcoming summit in Spain could uplift AVAX

While the broader crypto market is doing well at the moment, Avalanche has internal factors that could see it outperform the market in the coming month. One of these factors is the upcoming summit that will be held in Spain between March 22nd and March 27th, 2022.

The summit aims to bring together some of the most influential people in crypto and will discuss some of the hottest crypto topics today, including Web 3.0. Some of the key speakers that will make a speech at the summit include Emin Gun Sirer, the founder of Ava Labs, Harold Bosse, the Vice President of Innovation at MasterCard, Sergey Nazarov of Chainlink, and Monica Tather an El Salvador government official among many others. 

The anticipation of the announcements that could come out of this summit could help propel Avalanche (AVAX), especially if the broader market remains bullish in March.

Should you buy Avalanche?

Source: TradingView

Avalanche has been on an uptrend for the last 48-hours. However, it seems to have hit strong resistance at $80.17 on the 61.8% Fibonacci.

If Avalanche breaks the $80.17 resistance, then prices above $100 could be tested ahead of the summit in Spain.

However, if it fails, especially due to downside pressure from the broader market, then prices below $70 could be retested in the short term. 

The post Upcoming summit could push AVAX through $100 soon appeared first on Coin Journal.

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Solide DEX-bezogene Token am 27. Februar: CRV, SNX, 1INCH, BNT & SRM

  • CRV, SNX, 1INCH, BNT und SRM sind alle solide DEX-Token.

  • Jeder Token dient einer bestimmten Rolle und unterstützt ein bestimmtes Projekt.

  • Sie alle haben das Potenzial für zukünftiges Wachstum.

CRV, SNX, 1INCH, BNT und SRM sind einige der besten DEX-Token, die Sie am 27. Februar 2022 kaufen können, und wir sind dabei, jeden von ihnen einzeln durchzugehen.

Sollten Sie Curve DAO Token (CRV) kaufen?

Am 27. Februar 2022 hatte Curve DAO Token (CRV) einen Wert von 2,36 USD.

Der Allzeithochwert des Curve DAO Token (CRV) war am 14. August 2020, als er 54,01 USD wert war.

Die Januar-Performance von Curve DAO Token (CRV) zeigt, dass sein höchster Punkt am 4. Januar war, als sie 6,70 USD erreichte, während sein niedrigster Punkt am 24. Januar bei einem Wert von 2,40 USD lag. Dies war ein Rückgang um 4,3 $ oder um 64 %.

Vor diesem Hintergrund kann CRV bis Ende März 2022 3 UD erreichen, was es zu einem soliden Kauf macht.

Sollten Sie Synthetix Network Token (SNX) kaufen?

Am 27. Februar 2022 hatte Synthetix Network Token (SNX) einen Wert von 3,97 USD.

Der Allzeithochwert von Synthetix Network Token (SNX) war am 14. Februar 2021, als es 28,53 USD wert war.

Wenn wir die Performance von Synthetix Network Token (SNX) des letzten Monats betrachten, können wir sehen, dass der höchste Punkt am 5. Januar war, als er 7,41 USD erreichte, während der niedrigste Punkt am 24. Januar war, als er auf 3,59 USD fiel. Dies bedeutete einen Rückgang um 3,82 USD oder um 51 %.

SNX kann bis Ende März 5 USD erreichen, was es zu einem soliden Kauf macht.

Sollten Sie 1inch (1INCH) kaufen?

Am 27. Februar 2022 hatte 1inch (1INCH) einen Wert von 1,45 USD.

Der Allzeithochwert von 1inch (1INCH) war am 27. Oktober 2021, als es 8,65 USD wert war.

Wenn wir die Performance von1inch (1INCH) im Januar ansehen, können wir erkennen, dass der höchste Punkt am 3. Januar mit einem Wert von 2,62 USD lag, während der niedrigste Punkt am 24. Januar mit einem Wert von 1,44 USD lag. Dies bedeutete einen Rückgang um 1,18 USD, was 45 % entspricht.

Aus diesem Grund hat 1INCH Wachstumspotenzial und kann bis Ende März 2022 2 USD erreichen.

Sollten Sie Bancor Network Token (BNT) kaufen?

Am 27. Februar 2022 hatte Bancor Network Token (BNT) einen Wert von 2,30 USD.

Der Allzeithochwert von Bancor Network Token (BNT) war am 9. Januar 2018, als es 10,72 USD wert war.

Im Januar hatte Bancor Network Token (BNT) seinen höchsten Stand am 5. Januar bei 3,53 USD, während sein Tiefststand am 21. Januar war, als er 2,07 USD wert war. Hier sehen wir, dass BNT um 1,46 USD oder 41 % gesunken ist.

Vor diesem Hintergrund kann BNT bis Ende März 2022 3 USD erreichen.

Sollten Sie Serum (SRM) kaufen?

Am 27. Februar 2022 hatte Serum (SRM) einen Wert von 2 USD.

Der Allzeithochwert von Serum (SRM) war am 11. September 2021, als es 13,78 USD wert war.

In Bezug auf die Performance des letzten Monats hatte Serum (SRM) seinen höchsten Wert am 5. Januar bei 3,89 USD, während sein niedrigster Wert am 24. Januar bei 1,96 USD lag. Dies war ein Rückgang von 1,93 USD, was 49 % entspricht.

Mit 2 USD ist SRM ein solider Kauf, da es bis Ende März 2,5 USD erreichen kann.

The post Solide DEX-bezogene Token am 27. Februar: CRV, SNX, 1INCH, BNT & SRM appeared first on BitcoinMag.de.