Monat: März 2022

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Icon is rallying on Korean presidential victory: here’s where to buy ICX

By its own admission, the South Korean ecosystem Icon has done more to educate the government on crypto than anyone. Today, it emerged presidential candidate Yoon Suk-yeol, who wants to deregulate the crypto industry in South Korea, has won the elections.

The ICX token, which he supports, soared as a result. It broke into the top 100 and has gained 35% in the last 24 hours, approaching the equivalent of one dollar. If you are attracted to unique features and want to learn how and where to buy ICX, this guide is for you.

Top places to buy ICX now

FP Markets

FP Markets combines metals, indices connectivity and award-winning execution speed with institutional-grade liquidity to provide traders consistently tighter spreads and unparalleled trading conditions. FP Markets offers Forex, Equities, Commodities, Cryptocurrency, Futures and Index CFDs all from one account.

Buy ICX with FP Markets today

OKEX

OKEx is a world-leading cryptocurrency exchange, providing advanced financial services to traders globally by using blockchain technology.

Buy ICX with OKEX today

What is ICX?

The token of ICON Network is part of a layer-one blockchain with a mission to build an interoperable blockchain network bridging autonomous online communities and real-world enterprises.

ICON Network focuses on delivering real-world utility by advancing hyper-connectivity through the promotion of frictionless value exchanges.

By verifying transactions on its decentralized ledger, ICON can minimize the number of intermediaries and eradicate boundaries to cross-border interactions.

In particular, the company focuses on the use cases of decentralized identity, digital certificate issuance, blockchain payments, decentralized finance, non-fungible tokens and additional use cases: e-government, elections, decentralized oracles and e-health.

Should I buy ICX 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.

ICX price prediction

Cryptonewsz is bullish on the token, predicting growth to at least $4.52 by 2024. However, GOV Capital disagrees. They predict the token will stay at its current price over the next year.

ICX on social media

The post Icon is rallying on Korean presidential victory: here’s where to buy ICX appeared first on Coin Journal.

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Zcash is making higher lows as bulls take control

  • Zcash rallies as privacy coins gain upside momentum.

  •  Zcash is pretty safe from adverse regulations targeting private transactions. 

  • Zcash is currently making higher lows, an indicator that bulls are firmly in control. 

Zcash (ZEC), like the other privacy coins, has been rocketing over the last 24-hours. When going to press, Zcash was up by 10%.

Zcash is one of the most powerful privacy coins out there, thanks to its use of Zero-Knowledge Proof technology. Zk-SNARKs are a type of proof that can be used to show ownership without revealing information. One side uses it as evidence, and the other party believes them because they have zero-knowledge succinct noninteractive argumentative knowledge about what’s being proven.

Essentially when using Zcash, no one can trace a transaction through the blockchain. However, unlike Monero, Zcash has a feature that allows users to make non-private transactions. This feature puts Zcash at a lower risk of negative regulations than other privacy coins. 

Zcash safe from upcoming U.S regulations

Crypto regulations are coming to the U.S, and one of the issues they intend to address is the use of cryptocurrencies for illicit activities. This means cryptocurrencies that can be used to shield transactions may face restrictions in the U.S. 

Zcash is one of those that are pretty safe from these because it is designed for both private and non-private transactions. This means even if regulations trigger a delisting of privacy coins, as happened in Japan a while back, Zcash could be safe.

Zcash continues to make higher lows.

Source: TradingView

Like other privacy coins, Zcash has pumped in the last 24-hours. However, unlike the rest that is already showing weakness, Zcash is still strongly bullish. In the last 12-hours, Zcash has been making lower highs, as it continues trading in a bullish channel. If the current trend continues, Zcash could test $150 in the short term. 

Summary

Zcash is rallying alongside the other privacy coins. Zcash has an advantage over other privacy coins if regulations in the U.S target private crypto transactions. That’s because it also allows for non-private transactions.

The post Zcash is making higher lows as bulls take control appeared first on Coin Journal.

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Polker (PKR) up 5% after announcing early access for its Play-to-Earn NFT inspired game

Polker (PKR) has seen a 5% bump in intraday trading after it announced early access for its upcoming play-to-earn game. The NFT inspired game is expected to position Polker as a disruptive force in GameFi over the coming months. Here is what we know so far:

  • At press time, PKR was trading at around $0.03923, up about 5%.

  • The early access to the game will be limited as of now, open to only 500 people.

  • Polker however hopes the full game will be online in Q1, 2022

Data Source: Tradingview 

Polker (PKR) – Where does it go next

Interest in GameFi or blockchain gaming is growing. After projects like Axie Infinity broke records in growth last year, more investors are looking at innovative new projects around this area. Polker (PKR) has been doing quite well in this regard. 

The project is currently developing a highly anticipated play-to-earn game that will be infused with NFTs trading and staking as well. While the game is not yet launched, this would be a good time to get in on PKR. Early indications suggest that the P2E game will go live later this month. 

Besides, Polker has also secured high-value collaborations with Polygon and is getting financing from crypto heavyweights like Master Ventures, Chainlink, and others. So far, four beta tests have already been completed for the P2E.

When to buy Polker (PKR)

GameFi is of course very competitive, and there are many projects under development. But the speed at which Polker has been moving to develop and launch its P2E is impressive. 

The fact that the project has the backing of notable names in the crypto market is a big plus. It would be best to buy before the official game launches. Although officially this is expected to happen this month, we have seen delays before.

The post Polker (PKR) up 5% after announcing early access for its Play-to-Earn NFT inspired game appeared first on Coin Journal.

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Bitcoin Cash (BCH) rises above $300 after the recent downturn – Is $375 plausible right now?

After a torrid start to March, Bitcoin Cash (BCH) has started to rebound. The coin in fact surged above the crucial psychological mark of $300. But how far can these gains last? Will BCH touch on $375 in the near term? Here are some highlights.

  • The general trend for BCH has largely been downward over the last few months.

  • The coin remains slightly above its 20 Day Exponential moving average.

  • At press time, BCH was trading at $302, up about 7% in 24 hours.

Data Source: Tradingview 

Bitcoin Cash (BCH) – is $375 likely?

There is a lot of uncertainty in the market right now, given the fallout from the Russian invasion of Ukraine. It’s safe to assume that not everything is priced into the market since we don’t really know what will happen next. What we can expect though is increased volatility around crypto and BCH is not any different.

However, we do not see enough upside for BCH to reach the heights of $375, at least not now. In fact, it is likely that the coin will surge towards its supply zone of between $319 and $326 before falling again.

BCH has already lost nearly 64% of its value in less than 3 months. It even hit a 15-month low of $275 in January this year. This downtrend has not broken, and despite the recent surge, we expect more weakness for BCH in the coming days.

Why buy Bitcoin Cash (BCH)

As one of the leading peer-to-peer electronic payment coins, there is a lot of utility for BCH. When crypto becomes highly integrated into global payment systems, BCH is likely to lead the way in this. 

From a fundamental point of view, it is one of the best coins to invest in simply because of the underlying value that it offers. The fact that right now it’s selling cheap should give you more incentive.

The post Bitcoin Cash (BCH) rises above $300 after the recent downturn – Is $375 plausible right now? appeared first on Coin Journal.