Kategorie: Crypto Markets

The crypto market was mostly lower over the past 24 hours, with the majority of the top 10 cryptos registering losses. 

The UK100 (+3.76%) rose strongly last week as fresh economic data showed the UK economy to be performing better-than-expected.

US stocks suffered one of their worst weeks so far in 2022 last week as the ongoing war in Ukraine caused investors to dial down their risk appetite.

Tech stocks were among the hardest hit, with household names such as Apple (-5.17% last week), Microsoft (-3.38%) and PayPal Holdings (-3.34%) all losing ground.

Top cryptos

Terra is the biggest top 10 winner again, up 8% at time of writing. This might be due to ETH whales accumulating Wrapped Luna en masse to gain exposure to the Terra ecosystem. Last week, whales purchased more than $70,000 of Wrapped Luna, the wrapped version of Terra’s token.

Bitcoin was down around 1%, trading below $39,000 at time of writing. Ethereum registered small losses, and XRP and Solana were down around 3% and 2%, respectively. On the upside, Cardano registered gains of around 2%.

Dogecoin is trending after Elon Musk announced he wouldn’t be selling any coins. However, this failed to reflect on its price.

Top movers

Most top 100 coins lost 1-3% of their value. Fantom is down 5%, still reeling from the developer exit last week. Chiliz has lost 6%.

On the upside, THORChain and privacy token Zcash gained 8% resp. 4%. THORChain has had an extended rally recently. The Graph is also up by around 4%.

Trending

The live HydraMeta price today is $0.00077 with a 24-hour trading volume of $1 million. HydraMeta is up 1,483% in the last 24 hours.

Through this platform, users can buy and sell in different blockchain markets without transferring to other cryptocurrency wallets, which further reduces the fees on cross-chain transactions such as ETH and BSC.

MovieBloc, a decentralized movie and content distribution platform, continues to rally. Its token MBL has been soaring ever since it was listed on crypto.com last week. Today, its price more than doubled, adding another 137%.

The post Highlights March 14: Crypto markets mostly lower, strong week for London-listed firms appeared first on Coin Journal.

Dogecoin is trending after Elon Musk commented publicly he would not sell any of his holdings. The trend has affected almost all canine-themed cryptocurrencies, of which there is no shortage in the market.  

Don’t look any further for all the details around Dogecoin, if it’s worth investing in, and the best places to buy Dogecoin today.  

Top places to buy Dogecoin now

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What is Dogecoin?

Dogecoin features a Shiba Inu on its logo. The open-source digital currency was forked from Litecoin in December 2013. Its creators envisioned it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, being based on a dog meme.

Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin. Indeed, its success is closely intertwined with the billionaire’s passion for it.

He began tweeting about Dogecoin in early 2021. His sharing of a Lion King DOGE meme propelled a rally, culminating in his appearance on Saturday Night Live.

The altcoin has a block time of one minute and uncapped total supply, which means that there is no limit to the number of Dogecoin that can be mined.

Should I buy Dogecoin 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.

Dogecoin price prediction

Analytics Insight quotes experts as saying the price of DOGE will be $0.56-$0.58 in 2025, up from $0.11 at the moment. If this prediction pans out, the average price of Dogecoin would be around $1.79 in 2028 with the potential to reach $2.13.

Dogecoin on social media

If you had sold your #dogecoin at ATH, now you could buy more than 6.5x doge shit. pic.twitter.com/wRwMs68CHX

— Vijay (@aadupuli) March 14, 2022

The post Best places to buy Dogecoin, the reigning champion of dog-themed meme coins appeared first on Coin Journal.

The live price of Shibnobi, another Shiba-themed token, is $8.82E-15 with a 24-hour trading volume of just under $2 million. Shibnobi was listed on Dojoswap Exchange three days ago. It has gained 3.33% today.

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

Top places to buy Shibnobi now

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

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

What is Shibnobi?

The community-driven platform is developing an ecosystem for the next generation of investors making crypto simple and safe for everyone.

It is on a mission to change the crypto space, making it safer, fairer, and more informative for the average investor and vetted projects.

The main products are Dojoswap, a multichain DEX with a staking platform, Kusari blockchain with enhanced security features and a solid vetting process for projects listed on it, and Katana, a wallet with 2FA. Dojoverse is the platform’s multiverse environment.

Should I buy Shibnobi today?

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

Shibnobi price prediction

GOV Capital is bullish on the token, predicting its price will grow to $3.37E-14 in one year. Up to Brain predict 1 SHINJA will go up to $6.44E-13 in 2023.

Shibnobi on social media

#CryptocurrencyNews#SHINJA A CONTENDER AT ONLY 4 MONTHS OLD!#Shibnobi pic.twitter.com/74aDYJT5SM

— Union gal (@Union_gal12) March 10, 2022

 

The post You can now buy community-driven token Shibnobi: here’s where appeared first on Coin Journal.

Russians are flooding cryptocurrency firms in the United Arab Emirates (UAE) with requests to liquidate billions of dollars in a desperate attempt to save their fortunes, company executives and financial sources told Reuters.

Some of them want to buy real estate in the UAE, while others want to convert it into fiat and hide it elsewhere, insiders reported.

Russians are concerned Switzerland will freeze their assets

One crypto firm received quite a number of requests from Swiss brokers, asking to liquidate billions in Bitcoin because their clients are concerned Switzerland might freeze the funds. According to a representative of the firm, all of the requests were for $2 billion or more. They added:

We’ve had like five or six in the past two weeks. None of them have come off yet – they’ve sort of fallen over at the last minute, which is not rare – but we’ve never had this much interest. We have one guy – I don’t know who he is, but he came through a broker – and they’re like, ‚we want to sell 125,000 bitcoin‘. And I’m like, ‚what? That’s $6 billion guys‘. And they’re like, ‚yeah, we’re going to send it to a company in Australia‚.

UAE is seen as a safe haven

The UAE has refused to side with either the West or Russia, leading Russians to believe their money is safe there. According to real estate brokers, a lot of Russians and some Belarusians have been coming to Dubai and bringing their funds with them, including in crypto.

Sources in the UAE confirmed that Russians are purchasing real estate in Dubai. They are using crypto to get their resources into the UAE and out of other regions.

Crypto exchanges blocking Russian accounts

Albeit details being few and far between, cryptocurrency exchanges have said they are blocking the accounts of sanctioned Russians. Binance and Coinbase are taking measures to ensure crypto is not used to circumvent sanctions and are cooperating with law enforcement on this issue.

However, crypto still offers a high degree of anonymity. Germany, Estonia, and other European countries have asked for stricter oversight to eliminate any loopholes that could allow Russians to evade sanctions.

The post Russians liquidate billions in crypto to save their fortunes appeared first on Coin Journal.

The crypto market was relatively less volatile over the past 24 hours.

The UK100 fell 1.03% yesterday as investors reacted poorly to renewed sanctions on Russian oligarchs by the British Government. Evraz could be delisted from the UK100 next week thanks to its collapsed share price.

US markets fell yesterday as fresh inflation figures renewed fears over monetary policy tightening. The latest US CPI inflation showed prices rising by 7.9% per year.

Top cryptos

Most of the top 10 cryptos showed price movements of around 1% or less. Avalanche gained over 2% and Polkadot added 5% to its value, a first in quite a while.

Top movers

The top mover of the day is Stacks, which is soaring after crypto exchange Okcoin announced a partnership with the L1 blockchain to form the Bitcoin Odyssey.

Okcoin is pledging $165 million towards founders and projects developing decentralized applications on Bitcoin and Stacks. Stacks added more than 30% to its value today.

Kadena gained 25% on news of an upcoming listing on Binance. THORChain added 16% to its value.

Elrond has undergone several successful developments recently, which reflect on its price. It’s up around 10% in the last 24 hours.

Yesterday, it emerged the network had acquired Capital Finance Services, a member of the globally known and active Twispay brand, an e-money institution.

Privacy coin Zcash is up 11% after yesterday’s dip. On the losing end, Arweave is down 9%. Waves has lost 5.89% after an extended rally, but it stil has 35% weekly gains.

Trending

FWC is the token of a project called Qatar 2022 Token, whose popularity is skyrocketing as the World Cup approaches. 1 FWC might be worth just $2.88e-10, but it’s up 532% in the last 24 hours.

The post Highlights March 11: Stacks, Kadena, Zcash surge, UK100 tumbles appeared first on Coin Journal.