Kategorie: Crypto Markets

WAVES token has shaken the entire crypto market by rallying over 60% in the last 24 hours. Its latest price surge has made it become the 32nd largest cryptocurrency by market cap surpassing Axie infinity (AXS) and Decentraland (MANA).

At the time of writing, WAVE is trading at $52.44, up 63.13% after hitting a high of $53.81 from a low of $32.12 in the last 24 hours. Additionally, WAVES rose from around $8.9 to above $50 in just seven days.

This article focuses on the forces behind the current surge in WAVES’ price.

Why is WAVES price rising?

Before getting into what is behind the price surge, it is important to first explain what WAVES is.

In a nutshell, WAVES is the native token of the Waves blockchain, which is a multipurpose blockchain platform that enables the use of smart contracts and the development of decentralized applications (DApps).

The main reason why the WAVES price is rallying is the recent launch of Waves Labs in the United States and news that it plans to hire experts.

• Launching of Waves Labs in the U.S

In February, Waves had announced that it will be launching a new venture, Waves Labs, as its next step for the year 2022.

In a press release, the company said that Waves Lab will represent the blockchain in the United States. It will mainly focus on supporting new projects and raising funds on the blockchain

• Hiring experts

According to verifiable reports, Waves have hired a senior leadership team with some fintech and crypto veterans like Sasha Ivanov, founder of Waves protocol, serving as the firm advisor.

Moreover, the firm is working on establishing decentralized governance that will improve its integration with other blockchains.

Waves‘ current bullish trend shows that there is a growing interest in altcoins including Solana (SOL) Terra (LUNA), and Cardano (ADA).

The post Why did WAVES price rise by 60% today? appeared first on Coin Journal.

The crypto market as a whole is in the green with the majority of top 10 cryptos registering gains over the past 24 hours. 

US indices closed higher yesterday, with tech firms and meme stocks shining. The UK100 (-0.04%) edged lower as hopes of a breakthrough in the Russia-Ukraine peace talks faded.

Tesla Motors stock gained 8% after the carmaker revealed plans to split its stock for the second time in less than two years.  

Top cryptos

After a brief plateau, Terra is surging again, up 9% at the time of writing. Bitcoin registered small gains, trading above $47,000 at time of writing. Other cryptos went on to register some gains, including Ethereum, up around 2%, and Cardano and XRP, climbing 2% and 1%, respectively.

Almost three billion SHIB has been burned over the past week, while around half a billion was burned in 24 hours. Shiba Inu gained 5% so far today.

Top movers

Waves Labs is opening headquarters in Miami after announcing an ecosystem transformation plan in February 2022. The Waves cryptocurrency, which broke the top 50 and is now the 32nd by market cap, has gained 64% on the news.

THORSwap announced $470 million in trading volume for March with around 900% growth. THORChain gained 14% on the news. Loopring added 11%. An upcoming NFT drop is one reason.

Compound jumped approximately 14%. At the other end, Zilliqa lost 11%, reversing its spectacular recent gains over the past several days.

Trending

A new cryptocurrency inspired by Will Smith slapping Chris Rock at the Oscars, Will Smith Inu, started trading on UniSwap and PancakeSwap soon after the event. It gained 10,000% in less than 24 h. 

At the time of writing, it was trading for $0.0000000123 and had gained 38% according to Nomics data.

The post Highlights: Crypto market bullish, tech stocks push Wall Street up appeared first on Coin Journal.

After reaching a TVS (Total Value Secured) of $800 million, the token of the Flux network and ecosystem went parabolic.

It has generated a trading volume of $46.7 million and added 14% to its value in the last 24 hours. At the time of writing, it was trading for $1.88.

This brief guide has everything you need to know about the Flux coin, including whether you should buy it. Here’s where to buy Flux if you choose.  

Top places to buy Flux now

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

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

What is Flux?

The Flux Ecosystem offers a decentralized, interoperable development environment. It is a fully-functional suite of blockchain-as-a-service solutions and decentralized computing services.

It bills itself as the new generation of scalable decentralized cloud infrastructure. It makes it possible to develop, run, and manage applications on multiple servers simultaneously. Flux is ready to embrace the future of dApps, Web 3.0, etc.

Flux is a native GPU mineable POW (Proof of Work) coin providing incentive for hardware hosters, DAO governance on-chain, and bad actor mitigation via staking requirements for running hardware. 

Should I buy Flux today?

Flux 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.

Flux price prediction

Up to Brain predicts Flux will reach $2.89 by the end of 2023. The following year, it will increase to $3.53. In 2025, the analyst believes it will reach an all-time high of $4.4.

Flux on social media

Near ecosystem is attracting money from top VCs in both crypto market and traditional market! Let’s have a look at some biggest fundraisings.$NEAR $OCT $FLX $PARAS $AURORA $PLY $REF $BSTN pic.twitter.com/96SEvCjZBu

— Nearians (@Nearians_) March 26, 2022

 

The post Flux reaches $800M in TVS: Best places to buy Flux appeared first on Coin Journal.

The crypto markets were higher this morning, with most of the top 10 cryptos registering gains over the past 24 hours.

US President Joe Biden plans to propose a new tax on the wealthiest Americans, with a threshold of 20% on income and rising asset values of households worth more than $100 million.

US market continued a positive run last week, recovering more lost ground from the beginning of the year.

Top cryptos

Bitcoin climbed around 5%, trading above $47,000 at the time of writing. Ethereum and Cardano were also up approximately 5%, Solana gained 7%, and XRP registered gains of 4%.

Top movers

Most top 100 cryptos gained 3-6% today. Filecoin jumped by around 27% on news that the platform Monaverse is building digital spaces to interact with NFTs backed by Filecoin.

Vechain gained 20% and reclaimed its $5 billion market cap. It is surging on an announcement by its developers about the launch of the first stablecoin, VeUSD. The ecosystem recently launched the first-ever VeChainHackathon with excellent results.

At 78, Zilliqa continues pumping. Its token ZIL has been gaining value rapidly on news of an upcoming metaverse launch, among other positive developments. Today, it’s up 20%.

EOS broke $3 with a 24-hour trading volume of more than $1.2 billion. EOS is up 20% in the last 24 hours.

Holo has gained 21% today. According to its recently released roadmap, the ecosystem achieved three milestones in a few months. The most significant was Elemental Chat, a proof-of-concept app designed to stress-test the Holochain framework and the Holo hosting network built on it.

Gnosis gained 29% on news of an upcoming Gnosis auction. Internet Computer is up 15%.

Trending

Revolotto is a cryptocurrency that grants investors holding (RVL) instant rewards on all transactions and protects them with its unique coin circulation cycles and burn protocol. It is up 3,867% today.

The post Highlights March 28: Cryptos rally, new wealth tax in the US appeared first on Coin Journal.

Its growth may have started to decelerate, but it has far from vanished. What’s more, it’s out of the ascending triangle and is approaching $15 per APE.   

If you want more details about ApeCoin and would like to know the best places to buy ApeCoin, we’re glad you found our post.

Top places to buy ApeCoin 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 APE with eToro today Disclaimer

Nexo

Since 2018 Nexo has strived to bring professional financial services to the world of digital assets. Leveraging the best of the team’s years of experience in FinTech along with the power of blockchain technology, Nexo empowers millions of people to harness the value behind their crypto assets, shaping a new, better financial system.

Buy APE with Nexo today

What is ApeCoin?

ApeCoin is an ERC-20 governance and utility token whose holders are self-governed via a framework controlling the ApeCoin DAO. The APE Foundation manages proposals they agree on.

The foundation received a unique NFT as a present from Yuga Labs, who created the famed BAYC series, along with all rights and privileges to it. Again, it’s ApeCoin DAO members who decide how to use this intellectual property.

There are 1 billion APE tokens in circulation in total. This supply is minted all at once and permanently fixed.

Just under a third was put in circulation on March 17 this year, the day ApeCoin launched. Their number will increase gradually over a 48-month period at regular intervals.

Should I buy ApeCoin today?

ApeCoin 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.

ApeCoin price prediction

Crypto Academy sees ApeCoin trading in the range of $50-$60 by the end of this year. They predict it can reach an all-time high of $80 in 2022. If their prediction is correct, this is far from the end for APE!

ApeCoin on social media

#APE is out of the ascending triangle 🦍 #apecoin #FollowForUpdates pic.twitter.com/01P6qSrFcW

— AlekCrypto (♦️,♦️) (@Alek_crypto) March 28, 2022

The post ApeCoin growth slowing down, could this be the end? Best places to buy ApeCoin appeared first on Coin Journal.