Der Cardano-Kurs liegt satte 85 % hinter dem geltenden Rekordhoch zurück, weshalb noch viel Luft nach oben bleibt, doch allen voran die Großinvestoren haben sich dafür in beste Position gebracht.
Genossenschaftsbanken warnen vor den Nachteilen von CBDCs
Die Lobbygruppe der amerikanischen Genossenschaftsbanken warnt, dass Zentralbank-Digitalwährungen gewisse Nachteile mit sich bringen, die die möglichen Vorteile überwiegen.
Pump and dump: top 3 cryptos being pumped this weekend
Pump and dump schemes have become relatively popular in the cryptocurrency industry these days. It has become so common to see coins surge for no single reason and then crash in the following day. Notably, these regular pumps have become useful trading strategies among market participants. Here are some of the top coins being pumped this weekend.
Prosper (PROS)
Prosper is the best-performing cryptocurrency on Saturday. According to Binance, the PROS token has jumped by over 30%, making it one of its best days.
Prosper is a significantly tiny cryptocurrency. Data by CoinGecko shows that it has a market cap of just $1.1 million, making it the 1,820th biggest cryptocurrency in the world.
Prosper, which is backed by Clover, Ava Labs, Chainlink, and Bonded Finance, is a blockchain project in the prediction market. It is built using the BNB chain. It helps cryptocurrency traders and analysts make money by predicting the direction of an asset’s trend.
It is like a betting platform that is backed by smart contract technology. One of its top features is that it has a prediction insurance that uses the PROS coin. Still, with no major catalyst, there is a likelihood that the price will have a pullback soon.
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Quant (QNT)
Quant is another cryptocurrency being pumped in the market this weekend. The coin’s price has jumped by more than 25% in th past 24 hours, bringing its total market cap to over $1.1 billion. It is the 51st biggest cryptocurrency in the world.
Quant is a blockchain project whose goal is to bring interoperable ecosystems and real-world solutions to most people. The project is mostly geared to enterprise customers like banks and insurance companies.
These firms can use its technology to create their own payment networks, digital currencies, capital market solutions, and compliance products. For example, it is possible to build a stablecoin using this product. The price is likely rising because of the recently launched Overledger 2.10.
BurgerCities (BURGER)
BurgerCities is one of the most popular cryptocurrencies among those involved in pump and dump schemes. It is a cryptocurrency that is valued at over $150 million. It is a blockchain gaming product that helps people play multiple games in the metaverse.
The BURGER price has jumped by more than 25% on Saturday. This rally is mostly because of the recent integration with iZUMi into its protocol. This is part of the network’s growth of its DeFi protocol that includes cooperation with PancakeSwap, Biswap, and BakerySwap among others.
In addition to BurgerCities, Quant, and Prosper, other cryptocurrencies being pumped are MFT, WING, FIDA, and Unifi.
The post Pump and dump: top 3 cryptos being pumped this weekend appeared first on CoinJournal.
Binance-CEO lässt Nutzer abstimmen – Zukünftig keine Handelsgebühren mehr?
Was wie der Wunschtraum für Krypto-Investoren aller Größenordnung klingt, birgt auch Nachteile, so könnte durch den Wegfall von Handelsgebühren das Wash-Trading begünstigt werden.
Lido price prediction: Is it Safe to buy the LDO dip?
Lido price made a strong pullback during the weekend after staging a strong recovery throughout the week. The LDO token is trading at $0.6980, which is slightly below the weekly high of $0.8790. That price was the highest that Lido had been since June 16th.
LDO is crawling back
Lido DAO is one of the biggest players in the Decentralized Finance (DeFi) industry. It serves an important role in that it lets investors earn interest on their staked assets. For example, ethereum holders can earn more returns on their assets by staking it in their holdings.
Lido DAO supports a number of smart contract platforms like Ethereum, Solana, Kusama, Polkadot, and Polygon. It was also a leading player in Terra before Terra USD lost its peg in May of this year. Now, the network is winding down on the platform.
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It is unclear why the Lido price has jumped sharply in the past few weeks. One possible reason is that investors are slowly moving back to its platform. According to Dune Analytics, the total value locked in Lido jumped by 17% this week. It currently sits at over $5.36 billion.
The jump in Lido’s TVL is mostly because cryptocurrency prices did relatively well this week, with Bitcoin soaring to $22,000. The other reason is that inflows to Lido DAO have been relatively strong recently. For example, Lido share of staked ETH rose by 31%.
Another reason why the LDO price has recovered is that stETH is slowly regaining its peg. This is a remarkable development considering that the coin lost its peg recently. It was also affected by the recent crash of Celsius and Three Arrows Capital.
Lido price prediction
Turning to the four-hour chart, we see that the Lido DAO price has done well in the past few weeks. Along the way, the coin managed to move above the important resistance point at $0.7345, which was the highest level since June 25th. It also rose to the highest point in more than three weeks.
The price remains above the Ichimoku cloud and the 25-period and 50-period moving averages. Therefore, the upward trend will likely continue in the coming days as bulls target the key resistance point at $0.9454. This view will be confirmed if Lido DAO manages to move above the weekly high of $0.8745.
The post Lido price prediction: Is it Safe to buy the LDO dip? appeared first on CoinJournal.