Kategorie: Crypto Markets

Daily headlines and news about crypto markets.

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EMAX is soaring after whopping fine on Kim Kardashian: should you buy EMAX?

EthereumMax has been pushed into the spotlight after Kim Kardashian was penalized by the US Securities and Exchange Commission for promoting it. 

The EMAX token is soaring as a result, having added an impressive 86% to its value in the last 24 hours.

If you are attracted to unique features and want to learn how and where to buy EMAX, this guide is for you. 

Top places to buy EMAX now

As EMAX is such a new asset, it’s yet to be listed on major exchanges. You can still purchase EMAX using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy EMAX 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 1Inch DEX

Head to 1Inch, and ‚connect‘ your wallet to it.

4. You can now swap your ETH for EMAX

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

What is EMAX?

EMAX is the token of EthereumMax, an ecosystem for a wide variety of digital assets. Its staking and liquidity options are leading it into the world of decentralised finance.

EthereumMax will be launching its own non-fungible token (NFT) marketplace in the future. They planned it in the second quarter of the year, but the project was postponed. 

EMAX, described as a culture token, is based on the ERC-20 standard. It was conceived of as a community cryptocurrency, offering financial incentives and rewards. 

Each EMAX sell transaction costs 6%, which the ecosystem’s treasury receives. Another 6% is charged to liquidity providers. If the trade is made with the Arbitrum Layer 2, this amount is halved.

Should I buy EMAX today?

Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never make any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose. 

EMAX price prediction

Analysts like DigitalCoinPrice and PricePrediction are bullish on EMAX. The former predicted an average price of $0.0000000042 in 2022 and $0.000000017 in 3 years. 

The latter is even more bullish, projecting an average price of $0.00000001 this year, $0.00000002 in 3 years, and $0.00000010 in 8 years.

EMAX on social media

The post EMAX is soaring after whopping fine on Kim Kardashian: should you buy EMAX? appeared first on CoinJournal.

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Sushi community votes Jared Grey as new ‘Head Chef’

  • Sushiswap has a new CEO after the community voted for Jared Grey as ‘Head Chef’.

Decentralised crypto exchange Sushiswap has announced a new Chief Executive Officer (CEO), whose election was ratified via a community vote.

Sushi confirmed on Monday that Jared Grey was now the new “Head Chef,” the DEX platform’s title for the CEO. 

Sushi’s ‘Head Chef’

The election of a new chief executive comes after several months of uncertainty as the protocol looked to navigate a rough patch in its governance.

“I’m honored and excited to accept the Head Chef role at SushiSwap,” Grey tweeted. “The trust the community and team have placed in me to help shape the next stage of the Sushi protocol gives me pause and reflection on what Sushi stands for, a community project for everyone,” he said.

Grey is a former CEO of digital assets platform Bitfineon and decentralised finance (DeFi) protocol EONS Finance. 

He becomes Sushi’s new chief executive after garnering more than 83%, or over 11 million votes, according to a snapshot of the single choice voting that started on 26 September 2022 and ended Monday, 3 October 2022.

He explained what he brings to the role of ‘head chef’:

“This is an opportunity to leverage my two decades of engineering and consulting experience to help the team succeed in delivering innovative DeFi solutions, and returning Sushi to its rightful status among its peers.”

Sushi launched in September 2020, announced by anonymous developer Chef Nomi and aimed at rivaling leading DEX protocol Uniswap.

The post Sushi community votes Jared Grey as new ‘Head Chef’ appeared first on CoinJournal.

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Is LUNC in for a steep price rise? Best places to buy LUNC now

Few crypto market watchers have missed the viral campaign to get LUNC listed on Coinbase. Its price reached a peak in the morning of October 2. What direction will it take? 

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

Top places to buy LUNC now

As LUNC is such a new asset, it’s yet to be listed on major exchanges. You can still purchase LUNC using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy LUNC 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 1Inch DEX

Head to 1Inch, and ‚connect‘ your wallet to it.

4. You can now swap your ETH for LUNC

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

What is LUNC?

LUNC is the token of Terra Classic, a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. 

The Terra ecosystem collapsed in May this year, leading to a fork, when a new version of Luna was launched. 

The creators implemented the Terra Ecosystem Revival Plan 2, under which two Luna token versions were created. 

Should I buy LUNC today?

Nothing can substitute doing your own research. Any investment decision you make should be based on your market expertise, your attitude to risk, and the features and spread of your portfolio. Also, consider how you would feel about losing money. 

LUNC price prediction

Telegaon predicts that the token will trade between $0.009 and $0.03 a year or two from now. At the time of writing, its price was $0.00032.  

After analyzing LUNC’s historical performance, other market insiders predict that its average price in 2024 will be $0.015.

LUNC on social media

The post Is LUNC in for a steep price rise? Best places to buy LUNC now appeared first on CoinJournal.

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Litentry is up 20% and counting: here’s where to buy LIT

The live Litentry price today is $0.72 with a 24-hour trading volume of just under $106 million. Litentry is up 19.70% in the last 24 hours.

If you are attracted to unique features and want to learn how and where to buy LIT, this guide is for you. 

Top places to buy LIT now

Binance

Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.

Buy LIT with Binance today

Swapzone

Swapzone is a crypto exchange aggregator that operates as a gateway between the cryptocurrency community and exchange services. Swapzone aims to provide a convenient interface, safe user flow, and crystal-clear data for users to find the best exchange rates among the whole cryptocurrency market.

Buy LIT with Swapzone today

What is LIT?

LIT is the token of Litentry, a decentralized cross-chain Identity Aggregator that makes it possible to connect user identities across a number of networks. The platform’s mission is to provide consistency, interoperability, and liquidity to data querying. 

The protocol has use cases in customized data services, on-chain governance, and DeFi. 

Should I buy LIT today?

Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never make any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose. 

LIT price prediction

According to Tech News Leader, the price of Litentry can go up to $1.05 in 1 year and break $3 in 5 years. In a decade, it will have gone up to $21.

LIT on social media

The post Litentry is up 20% and counting: here’s where to buy LIT appeared first on CoinJournal.

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CFTC charges Digitex founder over illegal crypto derivatives platform

The Commodity Futures Trading Commission (CFTC), has brought charges against Adam Todd, the founder of crypto derivatives platform Digitex, according to court documents filed in a US court.

The futures market regulator is suing Todd over his operating of an unregistered derivatives trading venue in violation of the Commodity Exchange Act (CEA), the filing showed.

Digitex used multiple entities

As per the CFTC charges filed in the Southern District of Florida, Todd is accused of building and operating the Digitex crypto derivatives trading platform illegally. The defendant is said to have used multiple entities to bring his services to the public, with cited entities being Digitex LLC, Digitex Software Ltd., Digitex Ltd. and Blockster Holdings Ltd. Corp.

The CFTC seeks monetary penalties, disgorgement, a ban against Todd and Digitex.

The action against Digitex is the latest complaint by the CFTC against a crypto entity or individual as regulators increasingly spotlight violations across the industry.

Last week, the agency fined founders of bZeroX Tom Bean and Kyle Kistner for violating the Commodity Exchnage Act in their offerig of leveraged and margined products to retailers. The regulator also filed a complaint against decentralised autonomous organisation Ooki DAO.

The post CFTC charges Digitex founder over illegal crypto derivatives platform appeared first on CoinJournal.