Monat: April 2022

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Highlights April 8: Cryptos flat, HP jumps on Buffett investment

The crypto market as a whole recovered from yesterday’s dip, but the majority of top 10 cryptos were flat at the time of writing. 

Hewlett Packard shares soared 14.75% after Warren Buffett’s Berkshire Hathaway snapped up a $4.2 billion stake in the company.

US stocks finished positive yesterday after a late turnaround. The SPX500 ticked up 0.56%, lifted by strong performances from food processing firm Lamb Weston Holdings (+7.97%) and retailer Target Corp (+5.67%).

Top cryptos

Bitcoin was priced at above $43,600 at the time of writing. The largest gains of the top 10 were seen in Solana and Avalanche, both up by more than 7%, in Asian hours. 

The biggest gainer in the top 20 and the top 100 is NEAR Protocol today. Its Wallet Selector, an intuitive pop-up that allows users to choose their preferred wallet, has gone live. The NEAR token gained 21% as a result.

Top movers

zCash and Kava are both up around 5%. Kava gained value after completing its Ethereum co-chain Alpha testnet successfully.

Kava reported on Medium that the testnet processed more than 162,500 EVM transactions between 12,000+ wallet addresses with no downtime at all.

On the losing end, the biggest dip was seen by Anchor Protocol. Its token ANC has lost 10% after an extended recent rally. Aave is down 6%. Most coins lost 2-4% of their value.   

Trending

Shiba Toby, which recently launched on Binance Smart Chain, is up 191% today. The ecosystem offers a 5% reward for each sell transaction. 

Shiba Toby is a hyper-deflationary token with an automatic distribution of rewards. No token burn takes place. 

The post Highlights April 8: Cryptos flat, HP jumps on Buffett investment appeared first on Coin Journal.

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NEAR token skyrockets as NEAR Wallet Selector goes live: here’s where to buy NEAR

Web3 users who want to use their wallet of choice to interact with the NEAR blockchain now have a wide variety of options.

Wallet Selector, an intuitive pop-up that allows users to choose their preferred wallet, has gone live. The NEAR token gained 23% as a result.

This brief guide has everything you need to know about the NEAR Protocol and coin, including whether and where to buy NEAR if you choose.

Top places to buy NEAR now

Okcoin

Okcoin is a globally licensed exchange with offices in San Francisco, Miami, Malta, Hong Kong, Singapore and Japan. Okcoin’s mission is to help decentralize finance and level the economic playing field for everyone around the world. Serves 190+ countries with over 100K+ active traders and investors.

Buy NEAR with Okcoin today

OKEX

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

Buy NEAR with OKEX today

What is NEAR?

NEAR Protocol is a layer-one blockchain that was designed as a community-run cloud computing platform and that eliminates some of the limitations that have been bogging competing blockchains, such as low transaction speeds, low throughput and poor interoperability.

This provides the ideal environment for DApps and creates a developer and user-friendly platform. For instance, NEAR uses human-readable account names, unlike the cryptographic wallet addresses common to Ethereum. 

NEAR also introduces unique solutions to scaling problems and has its own consensus mechanism called “Doomslug.”

Should I buy NEAR today?

NEAR can definitely be worth investing in if your timing is right. Unfortunately, this is often impossible to know in advance. Any investment decision should take your risk tolerance into account. Don’t take any price predictions at face value.

NEAR price prediction

Wallet Investor expects a long-term increase. NEAR will trade for $62.45 in April 2027. A 5-year investment will generate revenue of around +227%. If you invest $100 in it now, it may be up to $327 in 2027.

NEAR on social media

The post NEAR token skyrockets as NEAR Wallet Selector goes live: here’s where to buy NEAR appeared first on Coin Journal.

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You can buy Kava, up 10% on successful ETH Alpha testnet: here’s where

Kava’s Ethereum co-chain Alpha testnet was very successful. It produced just under 400,000 blocks and processed more than 162,500 EVM transactions between 12,000+ wallet addresses with no downtime at all, Kava wrote in a post on Medium today.

Look no further than this short article for all the details about Kava: what it is, is it worth investing in, and the best places to buy Kava now.

Top places to buy Kava now

As KAVA is such a new asset, it’s yet to be listed on major exchanges. You can still purchase KAVA using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy KAVA right now, follow these steps:

1. Buy ETH on a regulated exchange or broker, like eToro ›

We suggest eToro because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.

2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask

You’ll need to create your wallet, grab your address, and send your coins there.

3. Connect your wallet to the Uniswap DEX

Head to Uniswap, and ‚connect‘ your wallet to it.

4. You can now swap your ETH for KAVA

Now that you’re connected, you’ll be able to swap for 100s of coins including KAVA.

What is Kava?

Kava is a Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos. It uses developer-optimized co-chain architecture.

The Cosmos co-chain enables the lightning-speed Tendermint consensus engine and IBC (Inter Blockchain Communication), while the Ethereum co-chain enables support for EVM smart contracts.

A translator module connects these two co-chains, allowing them to interoperate seamlessly. Kava has brought the two most used blockchain development environments together in a single, scalable network.

The KAVA token is the Kava Network’s native governance and utility token. Validators can stake it or delegate it to nodes.

Should I buy Kava today?

Kava can be a lucrative investment, but take the time to read at least several price predictions from leading analysts and do market research before making a commitment. Take all investment advice with a grain of salt.

Kava price prediction

CryptoNewsz predicts the Kava.io price can increase from $4.89 to $9.13 on average this year, which is almost 100%. In 2023, Kava will trade in the range of $10-$12. The highest it can go to that year is $12.81.

In 2024, CryptoNewsz expects bullish momentum. Kava will start the year around $12 and might reach an all-time high of just under $15.   

Kava on social media

The post You can buy Kava, up 10% on successful ETH Alpha testnet: here’s where appeared first on Coin Journal.