Kategorie: Crypto Markets

US markets fell yesterday as US President Joe Biden warned the risk of a Russian invasion of Ukraine was still “very high.”

The crypto market was mostly lower over the past 24 hours, with the majority of cryptos in the red this morning.

The SPX500 fell 1.98% while the DJ30 was down 1.66% and the NASDAQ100 dropped 2.83%.

US markets will be closed this Monday due to President’s Day.

Top cryptos

Bitcoin was down more than 6.5% at time of writing, while Ethereum was down around 5.5%. BNB and Solana were each down more than 4%, while XRP and Cardano both declined more than 3%.

Terra lost almost 9%, which makes it the biggest loser in the top 20. Apart from the general market trend affecting it, news that the S.E.C. is suing its CEO over Mirror Protocol pushed the price down.

Top movers

Most cryptos lost 3-5% of their value in a trend that continues since yesterday. Decentraland, Axie Infinity, Stellar Lumens, and Theta Network were each down around 7% at the time of writing. 

The Sandbox, Filecoin, and VeChain each lost 8% and Aave, Kadena, and THORChain shed 9% of their value.

Decred and Rally both lost 10% today. However, Rally is still up 17% for the week and remains the only crypto in the top 100 to complete 7 days in the green.  

At the other end, Neo continues to rally. Yesterday, it emerged China’s BSN had given the project the green light on NFT marketplaces. It’s up 4% today.  

Trending

The meme token BEAGLE INU has gained 309% in the last 24 hours. BEAGLE INU is a hybrid of a biological BEAGLE and Inu, a very advanced dog whose body has been permanently supplemented with haft blood.

The live DIA price today is $1.32 with a 24-hour trading volume of $269.5 million. DIA is up 33.22% in the last 24 hours.

The post Market highlights February 18: Cryptos on the decline, Wall Street under pressure appeared first on Coin Journal.

Smart contracts can struggle to access dependable data. APIs (application programming interfaces) are frequently cited as a possible solution. This article explains what API3 is, what makes it unique, if it’s worth buying, and the best places to buy API3 now.  

Top places to buy API3 now

As API3 is such a new asset, it’s yet to be listed on major exchanges. You can still purchase API3 using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy API3 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 API3

Now that you’re connected, you’ll be able to swap for 100s of coins including API3.

What is API3?

API3’s stated goal is to allow decentralized versions of APIs to be built, managed and monetized at scales. According to the team behind the platform, it has never been more important for smart contracts to provide “timely, reliable real-world data.”

API3 is aiming to fix some of the problems that have emerged within the blockchain space itself. APIs are crucial because of how they supply blockchains with off-chain data.

Without it, decentralized ledgers wouldn’t have a clue about how much coins should be worth. API3 is unique in that decentralized APIs can provide superior data transparency down to the factual data source level.

In comparison, existing decentralized oracles do not consider the data source API to be within their scope.

Should I buy API3 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.

API3 price prediction

Tech News Leader is bullish on API3. Its current price is $5.53 and the analysts predict it will more than double within a year, reaching $10.52. In 5 years, 1 API3 will be worth $34.20. In a decade, its value will have gone up to $209.

API3 on social media

Top 4 WEB3 Tokens by 7D Gains

▶️ $DIA +41.29% @DIAdata_org
▶️ #API3 +31.50% @API3DAO
▶️ $MINDS +24.34% @minds
▶️ $FOAM +13.06% @foamspace

🔜https://t.co/D2AxH1poyu#WEB3 pic.twitter.com/EByBKTUE1p

— BitMart Research (@BitMartResearch) February 18, 2022

The post API3 is up 14% in 24 hours: the best places to buy API3 now appeared first on Coin Journal.

Bitcoin and altcoin prices have crashed as tensions between Russia and Ukraine peak. The Bitcoin and altcoin price crash comes in addition to a stock market plunge in the wake of comments made by U.S. president Joe Biden that Ukraine could be invaded in a few days.

Consequences of the crypto crash today

Bitcoin has shed almost 10% of its value over the last 24 hours, crashing toward $40,000. Ethereum, BNB, Cardano, Solana, and XRP are seeing similar drops. Over the past week, almost $200 billion has been wiped out from the combined $1.9 trillion crypto market.

Terra is the biggest loser in the top 20 with -8%. Apart from the trends affecting the whole market, news that SEC is suing its CEO is adding to its losses.

Should you buy the dip? This article attempts to answer that question and tells readers all they need to know about the best places to buy the major assets in today’s crypto crash.

Top places to buy Bitcoin 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 BTC with eToro today Disclaimer

Alvexo

Alvexo is an established broker that stands out for its education and service-oriented focus. Alvexo services excel in delivering a comprehensive array of market news, webinars, analysis to fortify our clients‘ need to take intelligent trading decisions on the world’s most dynamic financial markets.

Buy BTC with Alvexo today Disclaimer

Top places to buy Ethereum 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 ETH with eToro today Disclaimer

Alvexo

Alvexo is an established broker that stands out for its education and service-oriented focus. Alvexo services excel in delivering a comprehensive array of market news, webinars, analysis to fortify our clients‘ need to take intelligent trading decisions on the world’s most dynamic financial markets.

Buy ETH with Alvexo today Disclaimer

Top places to buy Binance Coin 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 BNB with eToro today Disclaimer

Capital.com

Capital.com offers investors an award winning trading platform that can access multiple financial markets including the new and exciting cryptocurrency market.

Buy BNB with Capital.com today Disclaimer

Top places to buy Terra 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 LUNA with eToro today Disclaimer

Bitpanda

BitPanda is a Bitcoin broker based in Austria. It offers a wide range of payment methods and has good prices.

Buy LUNA with Bitpanda today

Should I buy the dip in the crypto crash 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.

Crypto on social media

#Saitama

Triple Bottom.
You know the rest.

LFG!!! 🚀🚀🚀#SaitamaWolfPack#cryptocurrency #Bitcoin #Ethereum pic.twitter.com/hBhd7FnWsD

— Dervish (@cellieres) February 17, 2022

The post Crypto crash today: Major cryptos in freefall, where can you buy the dip? appeared first on Coin Journal.

The live DIA price today is $1.32 with a 24-hour trading volume of $269.5 million. DIA is up 33.22% in the last 24 hours. If you are attracted to unique features and want to learn how and where to buy DIA, this guide is for you.

Top places to buy DIA now

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

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

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 that brings together data analysts, providers and users.

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.

It specifically addresses the problem of dated, unverified, or hard to access data in the world of finance and crypto, especially DeFi. It proposes to solve it by giving users financial incentives to keep the flow of open-source, validated data streams to the oracles up and running.

The current design of oracles, DIA argues, is non-transparent, difficult to scale and vulnerable to attack.

Should I buy DIA 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.

DIA price prediction

Price Prediction is moderately bullish on DIA. They expect a minimum price of $1.81 by the end of the year. The DIA price can go up to $2.14. In 2023, they expect 1 DIA will trade for at least $2.61 and potentially go up to $3.12 with the average price of $2.68.

The following year, 1 DIA will trade for $3.97 on average. In 2025, the price of 1 DIA is expected to reach at least $5.45.

DIA on social media

#DIA/USDT BUY/LONG CALL

It can follow WTC pump🚀✌️

Targets: $1.2-1.4-1.6-1.8

Stop if 1D close below $0.83 pic.twitter.com/hdqsfUtStQ

— Crypto Bunny (@ehsanjutt786) February 17, 2022

The post DIA added a third to its value today: here’s where to buy DIA appeared first on Coin Journal.

X2Y2 price has been soaring since February 16. It has risen by more than 200% in a little over two days.

At the time of writing, it was trading at $3.56 up 16.20% in the last 24 hours having hit a daily high of $4.17and a daily low of $2.64.

Though it is normal to see a new token rise immediately after launch, X2Y2’s surge has made headlines after jumping by over 200% in two days. Let’s take a deep dive into what is propelling the surge.

Why is the price of the X2Y2 token rising?

One of the factors being attributed to the current X2Y2 price surge is its launch on February 16. The X2Y2 Ethereum-based NFT trading platform team conducted a vampire attack, a tactical move that projects use to distribute free tokens to incentivize users of OpenSea to start using their product. LooksRare also used the same move.

In its case, LooksRare dropped tokens for OpenSea users who had traded over 3 ETH on OpenSea and also rewarded its active users. While the method attracted some traffic for LooksRare, it also led to some suspected cases of wash trading on the platform.

X2Y2 airdropped 120 million tokens, which is 12% of its 1 billion token supply to 861,417 wallets had traded on OpenSea between mid-June and mid-December 2021. Token distribution was proportional to their trading activity on OpenSea. In reciprocation, the Airdrop claimers were to list their OpenSea-listed NFTs on X2Y2 at the same price they list on OpenSea.

Although OpenSea is the leading NFT trading hub although it does not have a cryptocurrency token of its own, other alternatives are rapidly cropping up and trying to offer a better user experience as they aim at snatching the OpenSea users base. And one of the ways competitors are doing so is through Airdrops like what X2Y2 did.

X2Y2 tokenomics

X2Y2 tokenomics design was almost similar to that of the LooksRare (LOOKS) token, only that X2Y2 will pay token stakers and also an additional platform cut-off fee paid in WETH rather than rewarding users for trading.

Staking X2Y2 tokens currently is over 8000% per annual yield. In addition, the platform also rewards staking NFTs.

Listing an NFT on X2Y2 is also counted as an NFT staking and makes the users eligible for free rewards.

The post X2Y2 token price jumps over 200% in two days: what is causing the new token to rally? appeared first on Coin Journal.