Kategorie: Crypto Markets

Daily headlines and news about crypto markets.

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CoinCorner launches a contactless BTC card powered by Lightning network and NFC

CoinCorner, a crypto exchange and a web wallet provider, has announced the launch of its Bolt Card. 

The bolt card is a Contactless Bitcoin (BTC) card that is powered by Lightning Network (LN) and near-field communication (NFC).

How Bolt Card works

The Bolt Card will enable users to leverage the power of the Lightning Network, a layer 2 (L2) payment protocol built on Bitcoin that enables cheap and faster transactions, to make direct payments by tapping the card on a sale device presenting Lightning invoice. 

Danny Scott, the CEO of CoinCorner explained the payment process by saying that after tapping the card on the lightning-enabled point-of-sale (POS) terminal, a request of payment is sent to the user’s CoinCorner account where the British Pound Sterling (GBP) is exchanged to BTC and sent over lightning to the merchant.

However, Scott went ahead to say:

“We’re still early, so as we continue to work on making Lightning an everyday use case, we will explore other concepts around how to make The Bolt Card, and the user experience for all Lightning use cases, better.”

Scott also noted that the card is already compatible with BTCPay and CoinCorner but they are working on adding support to FastBitcoins, LNBits, and Ibex Mercado soon.

Users can pay using the card in all locations that have CoinCorner with Lightning-enabled POS gadgets. 

Currently, there are around 20 stores in the Isle of Man but the exchange is planning to roll out more stores in the UK and other countries.

Covering Android users 

Android users will not be left behind as they can use the card to pay at checkout on the websites that accept Bitcoin and Lightning payment which include online betting platform Rivalry, Davison’s Ice Cream, fudge company Yum Yum Tree Fudge, Cannabidiol (CBD) company Herts Hemp and many more.

It is also important to note that Bolt Card has come days after Sam Bankman-Fred, FTX crypto exchange CEO, said that Bitcoin cannot be an efficient payment method and that he will focus on integrating LN. His comment led to a massive community backlash.

However, some users were still optimistic about the card saying that it can pave way for massive Bitcoin adoption.

One of the users commented via Twitter saying:

“This could very well bring mass adoption. Hard for people to learn a complete diffrent way of doing commerce better adapt Bitcoin to what people are already familiar with.”

The post CoinCorner launches a contactless BTC card powered by Lightning network and NFC appeared first on Coin Journal.

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Where to buy Santos FC Fan Token, the top gainer on Binance Smart Chain

The token of Santos Football Club gained 8% in the last 24 hours, which have been kind to fan tokens in general. 

This brief guide has everything you need to know about Santos FC Fan Token, including whether and where to buy it if you choose.

Top places to buy Santos FC Fan Token now

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

1. Buy BNB on a regulated exchange or broker, like Binance ›

We suggest Binance 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 BNB 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 Pancakeswap DEX

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

4. You can now swap your BNB for SANTOS

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

What is Santos FC Fan Token?

Santos FC Fan Token (SANTOS) was created through a partnership between Binance launchpool and the football club. Santos FC is a Brazilian sports club based in the state of São Paulo.

With this partnership, Binance obtained the status of sponsor and licensee, with the right to manage and control NFTs products.

The purpose of the agreement was to deepen relationships with fans, increase fan engagement, and attract attention from Binance users, who might invest in the coin. 

Holders of SANTOS have the following benefits: the right to vote in polls and to take part in the club’s activities and related events. 

Owners of the SANTOS token also have access to special privileges, exclusive rewards, and limited and collectible NFTs.   

Should I buy Santos FC Fan Token today?

SANTOS 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. 

Santos FC Fan Token price prediction

Most analysts’ outlooks are bleak. Trading Beasts predict a drop to $4.23 by the end of this year. Price Prediction is even more bearish, forecasting a decline to $2.37 in this period.

In December 2023, Price Prediction forecasts the coin’s price will increase slightly to $3.54. Wallet Investor is not particularly optimistic, predicting the Santos FC Fan Token price will trade for just $2.8 at that time. 

Trading Beasts predict a bull run for Santos FC Fan Token. It will reach $7 in 2023.  

Santos FC Fan Token on social media

The post Where to buy Santos FC Fan Token, the top gainer on Binance Smart Chain appeared first on Coin Journal.

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Dia is up 127%, soaring on high-profile integration: here’s where to buy Dia

The OmniDex1 DEX scraper is now live, enabling Dia to collect and aggregate market data from the OmniDEX on Telos. 

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

Top places to buy Dia now

Binance

Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.

Buy DIA with Binance today

KuCoin

KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 5 million registered users from 200+ countries and regions. According to Alexa traffic ranking, KuCoin’s monthly unique visit ranks the top 5 globally.

Buy DIA with KuCoin today

What is Dia?

DIA (Decentralised Information Asset) is an open-source oracle platform that enables market actors to source, supply and share trustable data. 

DIA aims to be an ecosystem for open financial data in a financial smart contract ecosystem, to bring together data analysts, data providers and data users. 

In general, DIA provides a reliable and verifiable bridge between off-chain data from various sources and on-chain smart contracts that can be used to build a variety of financial DApps.

DIA is the governance token of the platform. It is currently based on ERC-20 Ethereum protocol. 

Should I buy Dia today?

Dia 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. 

Dia price prediction

According to Tech News Leader, Dia’s coin will dip to $0.74 in 1 year, but then go up to $2.16 in 5 years. A decade from now, 1 DIA will be worth $13.71. 

Wallet Investor thinks DIA is a bad investment. They predict a drop to $0.04, around half of its current price. This is a loss of 95%.  

Dia on social media

The post Dia is up 127%, soaring on high-profile integration: here’s where to buy Dia appeared first on Coin Journal.

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Chiliz (CHZ) price rallies after launching new DEX for its users

As the crypto market slowly recovers from last week’s plunge, Chiliz (CHZ) token has today rallied by over 8% becoming one of the top gainers in the crypto market today while the overall crypto market value dropped by about 1.8% over the past 24 hours.

At the time of writing, Chiliz (CHZ) was trading at $0.1289 up 8.79% after retracing from a daily high of $0.1403.

CHZ chain 2.0 new DEX for fan tokens

CHZ, Chiliz blockchain native token, which helps sports teams in launching their fan tokens has disassociated from the ongoing market sentiments, with its recent rally helping it to cover the past week’s loss. 

Chiliz CEO, Alexandre Dreyfus, noted that CHZ chain 2.0 will be launching the first Decentralized crypto exchange (DEX) for their fan tokens. With this move, the liquidity of the token is expected to increase but also the new DEX will come with certain capabilities that will enable third-party developers to develop new features.

Fans who invest in the fan tokens will earn the power to interact with other clubs, however, this has not yet made much impact in the market as some fan token holders are complaining that the perks are not worth it.

Even though the CHZ token is still down by more than 38% in the past month as a result of the recent market crash, it has stood its ground by maintaining its rank in the 65 positions among the biggest cryptos in the market.

The post Chiliz (CHZ) price rallies after launching new DEX for its users appeared first on Coin Journal.

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Highlights May 18: Major cryptos down, KNC and Chiliz lead the way

The crypto market as a whole is bearish with most top 100 coins in the red at the time of writing. 

Top cryptos

Most major cryptos registered small losses of up to 2% over the past 24 hours including Ethereum, BNB, XRP, and Solana. Bitcoin was down more than 1.5% over the past 24 hours and trading just under $30,000 at time of writing. 

Standing out were Polkadot, down almost 5%, and Avalanche falling more than 3%. 

Top movers

Outside the top 20, the tendency was similar, with most coins losing 3-5% of their value. Notable standouts on the losing end include Maker and The Graph, each down 8%, and Celo with -7%. Kadena has lost 11% of its value today. 

TerraUSD is down another 18%, now trading at a tenth of its former value.  

Among the winners, the token of Kyber Network Crystal v2 leads the way. KNC gained 22% yesterday and added another 26% to its value today, retesting highs from last week.

Coming second is Chiliz with 12% at the time of writing. CHZ, the native coin of the world’s first tokenized sports exchange, began to rally after the ecosystem’s Scoville Testnet Phase 2 went live.  

Rounding out the gainers list are Convex Finance, Klaytn, and KuCoin Token with increases of 4%, 6%, and 5% respectively. 

Trending

The biggest winner today is Pledge Coin (PLG), a cryptocurrency token that runs on the Ethereum platform. 

Pledgecamp is a next generation crowdfunding platform that uses smart escrow contracts in an effort to protect investors and hold project creators accountable. It has gained 440% today.  

The post Highlights May 18: Major cryptos down, KNC and Chiliz lead the way appeared first on Coin Journal.