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Newscrypto Coin price prediction: NWC looking at potential 100% rally

  • Newscrypto Coin (NWC) price has seen a slight decline today, trading near $0.12 after giving up gains from highs of $0.18  on 14 April 2023.
  • Crypto analyst says the token could break higher and rally 100% or more over coming months.
  • NWC reached its all-time high of $2.22 in May 2021.

Newscrypto Coin (NWC) traded at around $0.12 on Friday morning, with a 24-hour price return of about -2% at the time of writing. 

The daily trading volume was around $1.4 million in 24 hours, representing an increase of about 8% as selling pressure pushed the price of the altcoin down. The Newscrypto Coin, whose market cap currently stands at $18.5 million, traded at lows of $0.05 in early April.

Newscrypto Coin price prediction: analysts highlights NWC breakout

Newscrypto Coin (NWC), which reached its highest price of $2.22 on 3 May, 2021, had been one of the best performers in the last month as it rose to $0.18 on 14 April 2023.

But while the token’s value remains over 128% up in the past month, the latest dip in prices across the markets has seen it pare some of the gains over the past week to just +8%. NWC price is down nearly 28% in the past two weeks.

So what’s the Newscrypto Coin price prediction over the short term?

According to popular crypto analyst Rekt Capital, NWC tokens can trade higher if a breakout happens above a downtrending channel that is potentially forming on the monthly chart.

“First signs of a Downtrending Channel forming,” he tweeted. “A breakout could see NWC rally +100% to major resistance (red) over time.”

The potential catalyst for a new uptrend for Newscrypto Coin is the fact that a significant amount of the total supply of NWC tokens will remain locked until 2028.

At current prices, Newscrypto Coin price is over 776% up since its all-time lows of $0.01 reached in mid-November 2019. Bulls could add to these gains if a breakout pushes the price to $0.35 as per Rekt Capital’s prediction.

The analyst suggests in the above chart that the primary support level for NWC/USD could be near $0.05.

The post Newscrypto Coin price prediction: NWC looking at potential 100% rally appeared first on CoinJournal.

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Robinhood to allow customers buy crypto directly from within dApps and wallets

  • Robinhood has announced Robinhood Connect, a new feature that offers seamless crypto integration for dApps and wallets.
  • Self-custody wallet Giddy is among the first mobile wallets to integrate the new on-ramp feature.
  • Customers can directly and instantly buy or transfer crypto from within the dApps and also fund their Web3 wallets.

Robinhood, a leading online brokerage for stocks and crypto investing, has launched Robinhood Connect, a new product that will allow customers to easily buy and transfer cryptocurrencies as well as fund their Web3 wallets.

In this case, anyone with a Robinhood balance can now buy Bitcoin or other tokens instantly and transfer to their wallet using the new on-ramp.

Robinhood’s new on-ramp to Web3

Robinhood Connect is a new low-cost, on-ramp that will see customers add funds to their wallets from decentralised applications or third party wallets, all without having to leave the dApps or first connect to their Robinhood Crypto account.

“Crypto and Web3 have the potential to change the future of the financial system for the better, but we recognize there are still significant hurdles preventing broader adoption,” Johann Kerbrat, the general manager of Robinhood Crypto, said during the product’s launch at Consensus 2023.

Kerbrat added that Robinhood Connect demonstrates the brokerage platform’s strong commitment to crypto adoption, with the new product set to boost crypto’s accessibility and usability.

With developers able to tap into seamless integration for Connect, embedding the feature will be easy. Developers can make this feature directly available to users from within dApps, according to the announcement. This means that projects will be able to allow their customers to buy tokens via the brokerage platform and send them to self-custody wallets.

Robinhood announced on Thursday that Giddy, a self-custody, recoverable smart wallet app powered by Polygon, was among the first mobile wallets to integrate Robinhood Connect. The program will also be rolled out to other platforms over the next few months.

Robinhood seeing new growth momentum

Founded in 2013, Robinhood has seen massive growth across its crypto products since diving into the space in 2018. While the crypto winter saw its crypto trading revenue fall by over 24% at the end of 2022, the online brokerage remains a popular app for traders.

The collapse of crypto exchange FTX in 2022, and a recent investigation by the US Securities and Exchange Commission (SEC), has cast Robinhood negatively in recent months. Despite this, the platform continues to take major steps to position itself as a leading destination for crypto trading. 

Integration with top crypto platforms and introduction of multiple customer-focused programs are among these steps.

Currently, the platform supports crypto trading and investing for 18 cryptocurrencies, including Bitcoin, Ethereum, Litecoin and Bitcoin Cash. The online brokerage also supports buying and selling of the top meme coins Dogecoin and Shiba Inu.

The post Robinhood to allow customers buy crypto directly from within dApps and wallets appeared first on CoinJournal.

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Findora launches its Triple Masking ZK SDK to boost privacy and auditability for dApps

Key takeaways

  • Findora has launched its Triple Masking ZK SDK solution.

  • The solution empowers developers to integrate ZK privacy features into their dApps. 

  • With Findora Triple Masking ZK SDK, developers can ensure their users enjoy privacy and convenience. 

Findora’s Triple Masking ZK SDK

Findora, an innovative Layer-1 blockchain, has announced the launch of the Findora Triple Masking SDK, a universal privacy-preserving solution set for Web3.

In a press release shared with Coinjournal, the team said the Findora Triple Masking SDK gives developers a simple way to integrate zero-knowledge proofs into their decentralised applications. 

Thanks to the launch of this product, users can conduct private transactions that remain auditable, with multiple options for what information is masked or remains transparent. The Findora Triple Masking SDK provides simple, plug-and-play privacy for every Web3 dApp, the team added. 

While commenting on this latest cryptocurrency news,  Sam Harrison, CEO of Discreet Labs, said;

“Triple Masking fulfills a promise that blockchain technology made years ago: your financial status, your financial future, is no longer in the hands of some unknown, so-called “trusted” third party. It’s in your hands. This SDK simplifies the developer experience of implementing complicated zk-proofs, which in turn enables more decentralized applications to offer the benefits of these zk-proofs to their users.” 

He added that he is excited to see the choices developers can offer their users that would ensure that they enjoy both convenience and privacy. 

Findora empowers dApps to be ZK-enabled 

The Findora team added that the Masking SDK is a privacy-focused asset transfer solution supported on the Findora Network that provides full-privacy protection and anonymity for transactions rather than simple pseudonymity. 

The solution makes it possible for developers to make their dApps ZK-enabled, with optional transaction privacy at three levels. Users will have the option to mask the wallet addresses of the sender and receiver, the type of assets involved, and the amount sent. 

Furthermore, transactions carried out using the Findora  Triple Masking ZK SDK will remain auditable to ensure compliance with regulatory entities. 

Harrison added that;

“Triple Masking is more than simply encrypting information. We are also offering the ability to trace assets in a way that complies with existing regulations and analysis tools. This way, Triple Masking solves both the privacy AND compliance requirements of a professional institution.”

The Findora team said its compatibility with the secp256k1 curve would enable common EVM wallets, such as MetaMask, to sign a transaction.

Findora is a public blockchain with programmable privacy. Findora utilises the latest breakthroughs in zero-knowledge proofs and multi-party computation, to allow users transactional privacy with selective auditability. 

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