Kategorie: Crypto Markets

Daily headlines and news about crypto markets.

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Top places to buy ENS, which added almost a quarter to its value

After posting historical daily sales of ENS domains on OpenSea, the Ethereum Name Service coin added more than 20% to its value. 

This brief guide has everything you need to know about the ENS network and coin, including whether and where to buy ENS if you choose.

Top places to buy ENS now

eToro

eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.

Buy ENS with eToro today

What is ENS?

Ethereum Name Service (ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain. ENS converts human-readable Ethereum addresses into machine-readable alphanumeric codes.

The reverse conversion — associating metadata and machine-readable addresses with human-readable Ethereum addresses — is also possible.

The goal of Ethereum Name Service is to make the Ethereum-based web easier to access and comprehend for humans, similar to how the Internet’s Domain Name Service makes the internet more accessible. 

Like DNS, ENS also uses a system of dot-separated hierarchical names called domains with domain owners fully controlling their subdomains. 

Should I buy ENS today?

ENS 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.

ENS price prediction

Price Prediction forecasts a maximum level of $24.21 for ENS this year with the average price of $21. It will trade for at least $29.51 in 2023, in which year it can go up to $35.40. 

The analyst predicts upward trajectory in 2024 as well. 1 ENS will be worth at least $42. It can reach $51.44 with the average price of $43.

ENS on social media

The post Top places to buy ENS, which added almost a quarter to its value appeared first on Coin Journal.

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Bybit launches crypto options trading due to user demand

Bybit, a Singapore-based crypto exchange established in 2018, announced its extension into the crypto options trading in addition to its current product line of expiration and perpetual futures contracts.

This decision of developing a new options trading offering was highly influenced by the growing community demand, calling for a better tool for its users.

Once Bybit launches the crypto options trading, its users will be able to trade USDC options through a portfolio margin. Besides, the platform will come with a user-friendly interface and a fully integrated trading venue.

During the announcement release, Bybit Co-founder and CEO, Ben Zhou said:

“We are confident that our state-of-the-art offering will set the bar for the sector and normalize crypto options trading, just like what Robinhood did for stock options. We are also excited to bring with us to options trading the world-class liquidity and reliability our clients have come to associate with Bybit.” 

How the new feature works

The newly launched feature will not work any differently from the other traditional finance, however, it allows its users to project the future value of the asset in the United States dollar value as well as settle the trade using USDC.

Currently, Bybit has over two million registered users with a couple of partnerships with some of the prominent companies like Oracle Red Bull Racing, Astralis, Oracle Red Bull Racing Esports, esports NAVI, Alliance, and associations football teams Avispa Fukuoka and Borussia Dortmund, Virtus.pro, and Formula One racing team.

The post Bybit launches crypto options trading due to user demand appeared first on Coin Journal.

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Highlights April 27: Major cryptos plunge, 0x rallies on $70M funding round

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

Top cryptos

Bitcoin shed almost 5% of its value in the last 24 hours, trading for just under $39,000. Ethereum followed suit with a loss of just over 4%. 

The biggest top 10 loser is Dogecoin, which is rapidly reversing recent gains. Elon Musk’s favorite crypto, which soared on news he was buying Twitter, had lost 11% at the time of writing. 

Cryptos outside the top 10 fared no better. Leading the pack was NEAR Protocol, down 12% so far today. 

Top movers

Outside the top 20, the tendency was similar, with most coins losing 3-6% of their value. Notable standouts include Monero and Zcash, which both lost 10% in what looks like a downturn for privacy coins. 

Waves was pushed to the top when the war on Ukraine began, but it’s definitely starting to see its growth recede. It lost 10% today and 28% in the past 7 days, ranking it among the biggest weekly losers. 

The Graph, which soared almost 20% yesterday, also lost 10% in the last 24 hours. 

As for coins in the green, the leading gainer is 0x, up 11%. It’s rallying after 0x Labs announced it had raised $70 million in a Series B round led by Greylock VC to continue expanding Web3’s core exchange infrastructure.   

ApeCoin gained around 4% today, bringing its weekly growth to 19%. It broke out of the resistance pattern line a week ago as whales bought it up, adding around 32% to its value at the time. 

The token of Kyber Network, KNC, was at around 0 today, but its gains for the week stand at the impressive 28%.

There are several reasons for its success. Kyber Network has undergone expansion to ten different blockchains, integrated with Uniswap v3 and taken part in Avalanche’s new developer incentive.  

Trending

Like every dog, every cat can have its day. The biggest winner today is CATCOIN, which added more than 1,000% to its value in the last 24 hours. 

CATCOIN is a community-driven token based on a meme with a big dream, created for the feline community by an entity bearing the tongue-in-cheek pseudonym of Miaoshi Nekomoto.

CATCOIN develops applications to provide the community with various tools and simplify the crypto world for new investors. 

 

The post Highlights April 27: Major cryptos plunge, 0x rallies on $70M funding round appeared first on Coin Journal.

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Dogelon Mars declines after reaching ATH in April: should you buy the dip?

Like all Elon Musk-related cryptocurrencies, Dogelon Mars soared on the Twitter buy news yesterday, reaching an all-time high for the month of April. It started declining thereafter. At the time of writing, it had shed 6% of its value. 

There are also rumors of a Binance listing. If you want to know what Dogelon Mars is, can it give you good returns, and the top places to buy Dogelon Mars, you’ve come to the right place.

Top places to buy Dogelon Mars now

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

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

4. You can now swap your ETH for ELON

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

What is Dogelon Mars?

Dogelon Mars is a dog-themed meme coin running on the Ethereum Mainnet and Polygon Mainnet. It follows the example of Shiba Inu, Dogecoin, Floki Inu, and other successful canine coins.

Dogelon Mars combines a number of popular meme coin themes. Its name combines Dogecoin and Elon Musk, the outspoken supporter of Dogecoin. 

It also alludes to Mars, a spin on the famous moon meme, suggesting that Dogelon will undergo a major surge. Beyond its rather arbitrary name, Dogelon Mars has managed to build a significant community.

Should I buy Dogelon Mars today?

Dogelon Mars 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. 

Dogelon Mars price prediction

Tech News Leader predicts Dogelon Mars can reach $0.000001 in 1 year. It will be worth $0.0000044 in 5 years and $0.000027 in a decade.  

Dogelon Mars on social media

The post Dogelon Mars declines after reaching ATH in April: should you buy the dip? appeared first on Coin Journal.

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FITFI soars 150% after premiering on multiple exchanges: here’s where to buy FITFI

FIFTI was listed on OKX, MEXC, Crypto.com, and a few other exchanges and saw its price rise exorbitantly as a result. Its trading volume has been equally impressive, up 2,129% in the last 24 hours.

This brief guide has everything you need to know about the FITFI token, including whether and where to buy FITFI if you choose.

Top places to buy FITFI now

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

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

What is FITFI?

FITFI is the governance token of Step App, an ecosystem that features staking, locking, liquidity incentives, buybacks, and burns. These are driven by demand drawn by both gameplay perks and value drawn from the game economy.

FITFI tokens benefit from ecosystem fees. KCAL tokens are the in-game token. KCAL tokens are used to buy SNEAKs and are earned from running while staking a SNEAK.

Step is a development protocol for FitFi (Fitness Finance). Step App is the first app on the protocol, built by the core team. FitFi is described on the website as being at the cross-section of making the physical and the digital. 

It serves as a bridge between fitness and the metaverse by using NFTs and geolocation technology. Augmented reality for better immersion is an added feature of Step’s FitFi metaverse.

Should I buy FITFI today?

FITFI 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. 

FITFI price prediction

Digital Coin Price predicts FITFI will trade in the range of $0.53-$0.75 at the beginning of 2025 and in the range of $0.59-$0.89 at the beginning of 2027. At the time of writing, it’s trading for $0.311.  

FITFI on social media

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