Ein bekanntes Bitcoin (BTC) Stimmungsbarometer signalisiert „extreme Angst“ auf dem Markt. Optimistische Investoren sagen allerdings, dass mehrere On-Chain-Indikatoren darauf hindeuten, dass Bitcoin eine Kaufgelegenheit darstelle.
Avalanche (AVAX) auch betroffen: Zusammenbruch von Terra könnte für Einbruch auf 15 US-Dollar sorgen
Der Kollateralschaden des Zusammenbruchs von Terra könnte auch den Kurs von Avalanche treffen, da Luna Foundation Guard 1,97 Millionen AVAX-Token hält.
Schweizer Denkfabrik ruft zu mehr globaler Zusammenarbeit bei Regulierung von Krypto auf
In dem Papier wird hervorgehoben, dass Ermittler, die mit Krypto arbeiten, in Technologien investieren sollten, die mit den Techniken von kriminellen Organisationen Schritt halten können.
Here is why Kyber Network Crystal is up by 24% today
The cryptocurrency market will end the week on a positive note after adding more than 2% to its value in the last 24 hours.
The broader crypto market has added more than 2% in the last 24 hours. At press time, the total cryptocurrency market cap stands above $1.26 trillion.
Bitcoin is trading above $30k again after spending the majority of this week below this threshold. Ether, the world’s second-largest cryptocurrency by market cap, is trading at $2,000 again after adding more than 2% over the past few hours.
KNC, the native token of the Kyber Network Crystal, is the best performer amongst the top 100 cryptocurrencies by market cap. Over the last 24 hours, KNC has added more than 24% to its value.
The primary catalyst behind this ongoing rally is the launch of the KyberSwap referral campaign. The Kyber Network team announced via Twitter on Friday that it would be giving away $2,000 in KNC tokens to the lucky winners.
The team said ten random lucky winners would walk away with $200 in $KNC rewards.
✍️Introducing #KyberSwap’s Referral Campaign! $2000 in $KNC Rewards Up for Grabs When You Share! 🤝
🍀🥳10 random lucky winners walking away with $200 in $KNC rewards!
⏰Campaign is from 20 May to 26 May so hurry! 🏃♂️💨
🧐Learn how you can participate: https://t.co/HrsA5tIjNN
— Kyber Network (@KyberNetwork) May 20, 2022
Key levels to watch
The KNC/USD 4-hour chart is currently the most bullish amongst the top 100 cryptocurrencies by market cap. The technical indicators show that the coin has outperformed many other coins today.
The MACD line is above the neutral zone, indicating a positive momentum. The 14-day relative strength index of 71 shows that KNC could soon enter the overbought region.
At press time, KNC is trading at $2.779 per coin. If the rally continues, KNC could surge past the first major resistance level at $3.13 before the end of the day. In the event of extended positive performance, KNC could trade above the $3.5 resistance level for the first time in three weeks.
The post Here is why Kyber Network Crystal is up by 24% today appeared first on Coin Journal.
Highlights May 20: Major cryptos in the green, KNC outperforms the rest
The crypto market as a whole is bullish with most top 100 coins in the green at the time of writing.
Top cryptos
Bitcoin didn’t have much to be happy about on Thursday. The largest cryptocurrency was fighting to remain above $30,000, way below where it was trading less than a month ago.
The flagship cryptocurrency is doing well today, as are other major altcoins. It was recently changing hands at around $30,200, up almost 4% over the past 24 hours. The increase is mirrored by Ethereum, which rose a little more than 3.5% today.
Most other cryptos registered gains as buyers continue to opt for market cap leaders over smaller, riskier ones. Solana, XRP, Cardano, and Polygon have all registered gains.
Top movers
Outside the top 20, the tendency was similarly bullish, with most coins adding 3-8% to their value. Notable standouts include Cosmos and Kadena, both up 12%, the latter reversing recent losses.
Cosmos just announced a $GNOT airdrop for holders or stakers of its native token ATOM. GNOT is the native coin of GNO Land, a platform for interoperable concurrent smart contracts that scale.
In what looks like market support for privacy coins, Monero and zCash have each added 11% to their value.
Zilliqa is rallying, up 10% and counting after making an important announcement yesterday. The ecosystem launched a Web3 Alliance, which will identify promising cross-vertical projects and arrange introductions that lead to an investment.
Kyber Network Crystal‘s KNC token is easily the biggest winner of the day and the week with gains of 27% resp. 78%. It announced an exciting giveaway today and enjoys the overall trust of investors.
On the losing side, Curve DAO Token and Convex Finance both dropped, by 11% resp. 4%. Convex Finance is a DeFi protocol that allows Curve liquidity providers to earn a share of trading fees on Curve without staking liquidity there.
TerraUSD’s losses are tapering off. Today, it’s only down by 7%. Its losses for the week stood at 49% at the time of writing.
Trending
The biggest winner today is Neko Coin (NEKOS), a community-focused, decentralized cryptocurrency with instant rewards for holders. All fees go back into the ecosystem.
Neko Coin focuses on supporting charities to help stray cats find shelter and care. The token has gained 1,950% today.
The post Highlights May 20: Major cryptos in the green, KNC outperforms the rest appeared first on Coin Journal.