Kategorie: Crypto Markets

Daily headlines and news about crypto markets.

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You can now buy Lunar, which added 11% to its value: here’s where

Lunar is the top trending coin on CoinMarketCap today on news of an upcoming Bitmart listing, having added 11% to its value in the last 24 hours. 

It is the native token of the DeFi application Lunar, which aims to streamline the entire process of crypto and NFT trading into one intuitive interface. This short guide explains what Lunar is, whether it’s worth buying, and the top places to buy Lunar now.  

Top places to buy Lunar now

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

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

What is Lunar?

Lunar replaces the 10+ separate tools needed to trade and research crypto with a single platform that gives users near-instant access to the functionality they need.

This includes Token Trading, Wallets & Wallet Aggregation, Price Charts & Token Information, Automated Portfolio Tracking, Token Explorers, and Price Alerts.

Some other components are Reflections Tracking, Watchlists, and Farming & Staking. Because every component within Lunar is fully interconnected, it unlocks features that users can’t get with separate systems.

For example, users can pay for crypto from multiple wallets at once, and track their portfolio automatically.

Should I buy Lunar today?

Lunar can be a lucrative investment, but do take the time to read price predictions and study the market before making a commitment.

Lunar price prediction

Price Prediction forecasts the price of Lunar will reach at least $0.00000006 next year. It can go up to $0.00000007 with the average price of $0.00000006 throughout the year. In 2024, it will trade for at least $0.00000009 and for at least $0.00000012 in 2025.  

Lunar on social media

The post You can now buy Lunar, which added 11% to its value: here’s where appeared first on Coin Journal.

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Kevin O’Leary says he could start a Bitcoin mining operation this year

  • O’Leary says many sovereign funds are looking to invest in Bitcoin mining operations and that the next two to three years could see massive inflows into the sector.

  • He also believes institutions are keen on companies that are compliant with government and local community regulations.

  • He could dive into the mining operations himself this year, he added.

“Shark Tank” star Kevin O’Leary is positive about Bitcoin mining as an investment strategy and says he’s probably going to start his own mining operation sometime this year.

The Canadian businessman shared his plans in an interview with Anthony Pompliano, noting that Bitcoin mining was likely to see huge capital inflows over the next two, three years.

O’Leary says he’s been able to talk to investors across various jurisdictions, especially in the Middle East and the lesson learned from these travels is that many are looking at investing in Bitcoin mining via their sovereign funds.

While he predicts a majority of countries will eventually start mining Bitcoin, the O’Shares Investment Advisors chairman says the operations will want to do so in a manner that supports environmental sustainability. He says that this is because funds will want to steer off recent controversy relating to Bitcoin mining.

“Once a sovereign fund decides it is going to invest in Bitcoin, it’s going to want to mine it sustainably and ethically,” he said.

He notes that ESG (Environmental, Social, and Governance) demands and other compliance issues are top of the list for these investors. Other than that, these non-financial factors are a part of his own considerations before investing.

It’s also the approach O’Leary will look to apply when deciding how he’s going to invest in the sector, he noted.

The celebrity investor also revealed that he has for a long time envisioned running a crypto mining operation, noting that he would “probably do it in this calendar year.”

On what mining companies need to do to attract investors, O’Leary says regulatory compliance is a must. The companies also need to ensure they involve the local communities, with a proper and clear understanding of how some of the returns go back to the community.

He also noted that a lot of institutional capital will be flowing into crypto mining over the next couple of years. However, he feels that the inflows might only come if investors believe the exposure to BTC through equity that they are getting is from a company that has adhered to all the regulatory requirements.

These investors need to see the mined coins as part of the particular mining firm’s balance sheet, something that will give institutions and funds the confidence to buy and hold the crypto stocks.

Marathon Digital Holdings, Riot Blockchain and Hut 8 Mining are some of the top mining companies whose stocks rose significantly as Bitcoin price jumped to a new all-time high in 2021.

The post Kevin O’Leary says he could start a Bitcoin mining operation this year appeared first on Coin Journal.

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Market highlights January 18: Cardano continues to rally, oil toys with 52-week high

The crypto market is bearish as a whole. Oil prices jumped in the past 24 hours to just under $85 as it appears that output will remain tight. At time of writing, oil was trading at $84.82, just 20 cents shy of its 52-week high.

With US markets closed due to it being a public holiday, investors’ focus shifted to Europe yesterday. The EUSTX50, representing the eurozone’s 50 largest companies, ticked up 0.7%.

Top cryptos

Cardano stood out once again among major cryptos, adding almost 3% over the past 24 hours and upping its gains to 35% in the past 7 days. These gains come ahead of SundaeSwap’s January 20th launch. It will be the first decentralized finance exchange using the Cardano blockchain.

Solana, Ethereum and BNB all slid more than 2%, and Bitcoin was trading above $42,000 at time of writing.

Terra and Polygon are the biggest losers in the top 20. Both lost 10% of their value today. Near Protocol is down 9% and Chainlink and Polkadot are down 7% in the last 24 hours.  

Top movers

Most of the top 100 biggest coins by market cap have lost between 3 and 6% of their value. Cosmos is reversing recent gains with a loss of 11% today. Fantom is close behind it, down 9%. Axie Infinity has lost 10%. 

Monero has lost just under 11% so far, also backtracking on recent wins. 1inchnetwork is down 7%.  

Trending

Knight War: The Holy Trio is an upcoming semi-decentralized, play-to-earn game in the Idle Defense Genre. Its native token MRE is up 311% as launch approaches.

Telos, a superfast and scalable blockchain focused on real world use and adoption, is one of the biggest winners of the day. It added an impressive 53% to its value.

Propy is also trending. The token was built with the vision to automate the real estate sales process. Propy is up 47% in the last 24 hours.

The post Market highlights January 18: Cardano continues to rally, oil toys with 52-week high appeared first on Coin Journal.

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Telos showing strength with impressive gain of 53% in 24 hours: where to buy Telos

Telos, a superfast and scalable blockchain focused on real world use and adoption, is one of the biggest winners today, having added an impressive 53% to its value. Look no farther than this short guide for all the details about Telos, including the top places to buy the token now.   

Top places to buy Telos now

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

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

What is Telos?

Telos has a blockchain built for speed and scalability, making it the ideal network for mainstream adoption. Telos-based tokens, NFTs, and smart contracts are used for DeFi, gaming, social media apps and much more.

Telos hosts over 100 distinct applications (dApps) including Taikai, Qudo, Qubicles, Appics, Wordproof, Seeds, Zeptagram, and NewLife.

These applications take advantage of the network speed (0.5 sec block times) and scale (10,000+ TPS) as well as the robust on-chain services that Telos provides for voting, sentiment, decentralized file storage, location and much more.

The Telos EVM is planned as the top-performing and most affordable Ethereum Virtual Machine available.  

Should I buy Telos today?

Telos is performing very well now, but current and past performance are no guarantee for future such. Take all investment advice with a grain of salt and always exercise the utmost caution.   

Telos price prediction

Price Prediction is bullish on Telos. They forecast 1 Telos will trade for at least $1.04 in 2023. The Telos price can reach $1.22 with the average price of $1.07 throughout 2023.

In 2024, 1 Telos will be changing hands for a minimum of $1.49. It can go up to $1.81 with the average trading price of $1.54. The price of 1 Telos is expected to be at least $2.13 in 2025.

Telos on social media

The post Telos showing strength with impressive gain of 53% in 24 hours: where to buy Telos appeared first on Coin Journal.

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Top places to buy MXC, which is up 8% and counting

MXC is a web3.0 infrastructure designed to connect the real world and the metaverse. Its token is riding on the coattails of the metaverse. If you want to know more about MXC, including if it would make a good investment and the top places to buy it now, you’re about to find out!  

Top places to buy MXC now

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

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

What is MXC?

The MXC network runs using supernodes on a Proof-of-Participation (PoP) mechanism, which ensures scalability and free open networks. The token is used to provision devices for the free open wireless network.

The ecosystem runs supernodes by means of NFT management, staking MXC tokens, and mining from the LPWAN and satellite networks.

MXC is also used for governance votes and Edge AI services. The former will determine allocation of network resources.

Should I buy MXC today?

MXC can definitely be worth investing in, but there’s no guarantee for the right timing. Do market research and analyze its price trajectory before you make any investment decision. Take all price predictions with a grain of salt.   

MXC price prediction

According to Wallet Investor, the price of this token will peak at $0.0862 this year, which makes MXC a rather lackluster short-term investment. They predict it will trade for $0.187 by the end of 2027, which makes it promising as a long-term one.

MXC on social media

 

The post Top places to buy MXC, which is up 8% and counting appeared first on Coin Journal.