Kategorie: Crypto Markets

Most top cryptos by market cap are in the green. EU Commissioner for Home Affairs Ylva Johansson says Europe is open to cryptocurrency, but needs the proper regulation.

The UAE is looking to finalize licensing for virtual asset providers as it hopes to attract major crypto companies.

Markets in the US faced another week of turmoil last week over tensions between Russia and Ukraine. The SPX500 was down 1.36% over five days while the DJ30 fell 1.71% and the NASDAQ100 was down 1.37%.

European markets did not reflect this tendency. The UK100 opened 41 points higher, the GER40 gained 172 points and the FRA40 was up 51 points.

Top cryptos

Solana led the pack over the past 24 hours, gaining more than 8%, while Ethereum and Cardano each added more than 2%. Bitcoin was trading slightly above $39,000 at time of writing, down more than 6% over the past week.

Terra and Shiba Inu are currently leading in the top 20 with gains of around 6% each.

Top movers

Most top 100 coins, like their bigger analogs, are in the green. Decentraland is up by more than 7%. The token of Axie Infinity, another metaverse ecosystem, is up 9%. At #60, Zcash has gained around 7% as well.

Quant launched just under four years ago with the mission to link blockchains and networks globally without reducing network efficiency and interoperability. Quant has been gaining steadily over the past weeks. It’s gained 18% in the last 24 h, making it the biggest winner yet another day.

Waves is up more than 10%. It describes itself as a multi-purpose blockchain platform which supports various use cases, including decentralized applications (DApps) and smart contracts. It’s one of the more volatile coins on the chart.

Theta Fuel continues with gains registered over the past few days. It added another 7% to its value today.

Yearn Finance is up around 7% as well. It is an aggregator service for DeFi investors, which uses automation to allow them to maximize profits from yield farming.

Trending

One notable newcomer is WOLFI, which promises to combine the power of memes with real utility and charitability. It is an auto-staking, deflationary cryptocurrency with instant rewards, which added 1,220% to its value in the last 24 h.  

Bitgert bills itself as a crypto engineering organization, which has developed the fastest blockchain with speed of 100,000 TPS (Transactions Per Second) and an almost nonexistent transaction fee. It’s up 46% today.

The post Top cryptos in the green, US markets in turmoil appeared first on Coin Journal.

Quant launched just under four years ago with the mission to link blockchains and networks globally without reducing network efficiency and interoperability. Quant has been gaining steadily over the past weeks.

If you want the details about what Quant is, if it would make a good investment, and the top places to buy Quant, you’ve come to the right place – you’re about to find out!  

Top places to buy Quant now

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

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What is Quant?

Recent years have seen massive advances in distributed ledger technologies, such as blockchain, DAG and Tempo.

The result is a significant shift in the way individuals and organisations connect and interact with each other, enabling them to exchange information and assets, more securely, simply and cost-effectively.

Quant has developed Overledger DLT gateway – the world’s first DLT gateway for enterprises that delivers interoperability across different systems, networks, and more.

They are currently working on a platform to help enterprises, governments, and individuals all over the world take advantage of powerful tech’s true potential.

Overledger DLT ensures compatibility in a secure, simple, and cost-effective manner without the risk of bottlenecks or the need for new infrastructure.

Should I buy Quant 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.

Quant price prediction

Wallet Investor predicts a long-term increase. In February 2027, they predict 1 QNT will be worth $1,050. A 5-year investment could generate revenue of around +755%. If you put $100 into Quant now, you will have $855 in 2027…if WI’s forecast comes true.

Quant on social media

$QNT another of my long term holds. Bounced nearly 20% today after testing the trendline and the bullish supertrend. Much stronger than many other bounces out there which is a good sign for the future.. @quant_network #quant pic.twitter.com/TvFxzRNkW8

— FlowDynamics (@flow_dynamics_) February 21, 2022

 

The post No end to Quant’s gains in sight: top places to buy Quant appeared first on Coin Journal.

Bitgert bills itself as a crypto engineering organization, which has developed the fastest blockchain with speed of 100,000 TPS (Transactions Per Second) and an almost nonexistent transaction fee. It is soaring on news of a KuCoin listing.

This guide has all you need to know about Bitgert, if it’s worth buying, and the best places to buy Bitgert now.  

Top places to buy Bitgert now

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

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

4. You can now swap your BNB for BRISE

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

What is Bitgert?

Bitgert’s ecosystem includes projects spanning DeFi, NFTs, Web3 and more. The network has a BRC20/ERC20/BEP20 supported wallet on Android and iOS. The native token BRISE runs on Binance Smart Chain.

Bitgert is said to have delivered more than four great new products within 200 days of its launch. These are the BRISE wallet for BEP20/ERC20 tokens, BRISE swap for BEP20 tokens, BRISE audits with leaderboard support, and BRISE staking.

Currently, they have an exchange under development. There are 420,000,000,000,000 tokens in circulation. The supply is capped at 1000,000,000,000,000.  

Should I buy Bitgert 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.

Bitgert price prediction

Tech News Leader is bullish on the price of BRISE. While its current price is $0.00000062, the analyst predicts it can go as high as $0.00000122 in one year, $0.00000362 in five, and $0.00002635 in a decade.

Bitgert on social media

I am glad I invested and am #Hodling #bitgert $BRISE … all the projects its released and about to release this 2022 since its launch is amazing. I don’t want to be left behind again (not financial advice). Look at the 7 day chart at #CoinMarketCap pic.twitter.com/RItwbtdg4q

— NT (@NoelTCBU) February 21, 2022

The post You can now buy Bitgert, which added 46% to its value today: here’s where appeared first on Coin Journal.

Bitcoin price decline to lows of $10,000 by next year amid Federal Reserve monetary tightening, said Stifel strategist Barry Bannister.

Barry Bannister, the Managing Director and Chief Equity Strategist at wealth management firm Stifel believes Bitcoin could plunge towards $10,000 by 2023.

In a note to Insider, Bannister points to global money supply, the real 10-Year yield, and equity risk premium as three macro factors that could negatively impact BTC price throughout the year and into 2023.

These factors, according to the strategist, come into play alongside the US Federal Reserve’s monetary tightening and interest rate hikes. The fundamental picture, Bannister notes, suggests a continued drawdown for Bitcoin.

First, Bitcoin’s price could fall if the global money supply dynamics see a strong dollar slow down the global M2 money supply. With BTC and the S&P 500 moving with global money, a tighter US financial policy could see a highly speculative asset as Bitcoin drop sharply.

Another macro factor the Stifel exec pointed to is the real 10-year yield rising as a factor that could hinder Bitcoin. The same would happen if a higher 10-year US Treasury yield pushes gold prices lower.

“If bitcoin divided by gold falls to the low end of its range (Fed tightens) bitcoin could drop to $10,000 by 2023,“ the strategist explained.

The third factor according to Bannister is ‘equity premium risk’, which he explains as a function of the Fed’s expected aggressive rate hikes. According to him, the S&P 500 and Bitcoin could break down by 2023 as the US central bank “keeps going’ with rate hikes.

Higher rates would raise the ‚equity risk premium, spelling a bearish outlook for BTC, he noted. On the flip side, a lower equity risk premium would be bullish for the pioneer cryptocurrency.

Bitcoin reached a high of $69,000 in 2021 but has struggled as it trades in tandem with stocks since that peak. Currently, the benchmark crypto asset is down nearly 45% from that all-time high, with the BTC-USD pair trading near $38,455. 

The post 3 macro factors could push Bitcoin to $10,000 by 2023, says Stifel strategist appeared first on Coin Journal.

Bears continue to dominate sentiment, with more downsides likely amid inflation and geopolitical concerns.

Dan Morehead says if interest rates rise, equities and real estate will become less attractive, leaving blockchain assets as the best store of value.

Pantera Capital CEO Dan Morehead has said that crypto remains the “best place” for investors looking to store their wealth if US Federal Reserve’s interest rate hikes take the shine off equities.

In a newsletter published Wednesday, the Pantera chief pointed to the concerns across the markets over the Fed’s potential direction as it begins to hike rates in the wake of runaway inflation.

Last week, data showed US consumer prices rose 7.5% year over year, with Fed’s minutes this week signaling interest rates are incoming. While the market might have priced in the March rate hike, just how aggressive the central bank will be, has most investors in spooked mode.

Higher rates make stocks and real estate ‚less attractive‘

A dip in the stock market will likely see Bitcoin and other crypto assets head lower, as happened this week amid the Russia-Ukraine tension. Lockstep trading is something that has seen analysts and economists predict more pain for crypto if stocks begin to bleed.

But Morehead thinks digital assets will have it less rough if the negative scenario plays out. He believes the “markets will decouple soon,” leaving investors with the choice of what would be the best store of value.

“Rising rates will make equities and real estate less attractive. So, where does one invest when both stocks and bonds are falling?” he asked in the note cited by Cointelegraph.

In his view, blockchain [and digital assets such as Bitcoin] provide “a very legit place to invest.”

Crypto sold-off due to tax preps

Commenting on the selling pressure that has crypto markets nursing huge losses since late last year, the Pantera chief pointed to a possible sell-side effect related to investors looking at taxes.

He noted that some of the downward pressure comes from “unintended tax positions” that investors find themselves in after a bumper 2021.

“There were $1.4 trillion of cryptocurrency capital gains created last year,” he wrote, adding that this alone could be responsible for a significant chunk of the sell-off seen since last year’s peaks for Bitcoin and other crypto assets.

Bitcoin is currently trading near $40,400, about 5% down in the past 24 hours as crypto tracks losses in equity markets. The S&P 500 closed 2.12% lower on Thursday, while the Dow fell more than 600 points.

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