Kategorie: Crypto Markets

Daily headlines and news about crypto markets.

Veröffentlicht am

Market highlights January 12: Cryptos in the green, US stocks rise as investors await CPI data

The crypto market was higher over the past 24 hours, as the majority of top 10 cryptos were in the green at time of writing. US stocks marched higher yesterday after Federal Reserve chairman Jerome Powell reiterated his warning that rates will have to rise this year.

The confirmation that the Fed is serious about tackling inflation was well received by investors, with the NASDAQ100 (+1.47%), SPX500 (+0.92%) and DJ30 (+0.51%) all finishing higher yesterday.

Energy stocks dominated the SPX500’s risers table following a sharp increase in the price of oil.

Investors will be closely following the monthly Consumer Price Index (CPI) and Core CPI data, set to be released today at 13:30 GMT.

Top cryptos

Bitcoin climbed around 1%, trading above $42,000 at time of writing. Ethereum was up around 4%, and Cardano and XRP registered gains of around 5% and 2%, respectively. Closing out the top 10 list was Polkadot, which registered gains of around 10%.

Avalanche, the 11th biggest coin in the ranking, has gained 11% today, trading for just over $90. It surpassed both Dogecoin and Shiba Inu by market cap and looks set to pass $100 soon.

NEAR Protocol’s native token NEAR is the biggest winner in the top 20 this week. The 19th ranking coin gained 7% in the last 7 days, more than every other coin in the top 20, and added 10% to its value just today.

Top movers

After correcting the recent pullback, Fantom has embarked on a relentless bullish trend thanks to a list of recent events. First, it was the news of Movr Network integrated Fantom into FundMovr and then the currently ongoing FantomLive IDO on DAOStarter. It has gained 20% in the last 24 h.

Oasis Network (ROSE), a privacy-focused layer 1 blockchain built for open finance and a responsible data economy using the Cosmos SDK, is up 19%.

Secret is the native coin of Secret Network, a blockchain with data privacy for smart contracts by default, allowing you to build and use applications that are both permissionless and privacy-preserving. 

This functionality protects users, secures applications, and unlocks hundreds of never-before-possible use cases for Web3. It has gained 18% in the last 24 h.

The Sandbox, Kadena, and Bora all gained 14% today. Bora is up to 96th. Yesterday, it was barely staying afloat at 100.

Harmony, the 42nd largest coin by market cap, is one of today’s big winners too. It has gained more than 13%. Celo gained just under 13%. OMG Network and Livepeer are also up 13%.

The price of metaverse token GALA gained 700% last November, after which it fell with a series of declining highs. Now, it’s starting to reverse some of its losses. It has gained 12% today. Arweave is also up by 12%.

Other strong performers include Enjin Coin with +11% and Stacks and THORChain, both with +10%. The live Kusama price today is $272 with a 24-hour trading volume of $114.4 million. It is up 9.71% in the last 24 hours.

Trending

Bombcrypto is a classic play-to-earn game where players can buy bomber heroes and participate in exciting game modes. The game has 3 game modes: Treasure Hunt – Autoplay, Story Mode, and PVP. It is trending as Bomber Coin. 

The price of its token, BCOIN, is $3.24 today. Bomber Coin is up 30% in the last 24 hours.  

The post Market highlights January 12: Cryptos in the green, US stocks rise as investors await CPI data appeared first on Coin Journal.

Veröffentlicht am

Market highlights January 11: Cryptos mostly lower, rate rise threat unsettles US markets

The crypto market as a whole is bearish today. US markets were mixed yesterday, with the threat of multiple upcoming rate rises causing investors to reposition their portfolios. The tech-heavy NASDAQ100 (+0.14%) was the only major US index to finish in the green yesterday. Investors will be following the testimony of Federal Reserve Chair Jerome Powell, who is set to testify before the Senate Banking Committee.

Top cryptos

The crypto market was mostly lower over the past 24 hours, as the majority of top 10 cryptos were in the red this morning. Bitcoin stood out, registering small gains, and trading above $42,000 at time of writing. Ethereum and Cardano were down around 1%, while XRP registered small losses.

Terra’s LUNA token was not spared the ramifications of the recent crypto bloodbath. However, it’s one of the few top 10 coins that are beginning to recover. Today, it gained 2%, as did Polygon.

Top movers

NEAR is today’s biggest winner in the top 100. Its price is $16.44 with a 24-hour trading volume of just under $1.8 billion. The NEAR token is up 17% in the last 24 hours.

Oasis, a privacy-focused layer 1 blockchain built for open finance and a responsible data economy, gained 10% today. Cosmos added 6% to its value today. IOTA, the only blockchainless blockchain, is another one of the few gainers on this day of crypto market gloom. It has added around 3% to its value in the last 24 hours. 

On the losing side, we have Arweave with -8%, Loopring with -7%, and The Graph and SAND, both of which lost 6%. Ravencoin and CELO are also down by 6% each, reversing recent gains.

BORA lost another 5% today and is down to #100 in the coin rankings after losing over a quarter of its value in a week. It risks falling out of the top 100 if the bearish trend continues.

Trending

SpookyShiba, which bills itself as the first „horror genre“ token, is a dog-themed meme coin that added 40% to its value today. Its creators are working on an NFT marketplace, which will be released in early 2022, hence the token’s price surge.

The post Market highlights January 11: Cryptos mostly lower, rate rise threat unsettles US markets appeared first on Coin Journal.

Veröffentlicht am

Top places to buy IOTA, one of the few winners today

IOTA, the only blockchainless blockchain, is one of the few gainers on this day of crypto market gloom. It has added around 3% to its value in the last 24 hours. This guide has everything you need to know about IOTA: what makes it unique, if it’s worth buying, and the top places to buy IOTA now.

Top places to buy IOTA 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 MIOTA with eToro today

CAPEX

CAPEX.com is an awarded fintech brand, globally recognized for a strong presence in shaping the future of trading. The company focuses on making the markets more accessible & transforming the way people trade online.

Buy MIOTA with CAPEX today

What is IOTA?

IOTA is a distributed ledger with one big difference: it isn’t actually a blockchain. Instead, its proprietary technology is known as Tangle, a system of nodes that confirm transactions. 

The foundation behind this platform says this offers far greater speeds than conventional blockchains — and an ideal footprint for the ever-expanding Internet of Things ecosystem.

Because there’s no blockchain, there are no miners, and because there are no miners, there are no fees. Many established networks see costs balloon when congestion intensifies, but IOTA aims to provide limitless throughput at minimal expense.

In time, IOTA’s goal is to become the de facto platform for executing transactions between IoT devices. Given how estimates suggest there could be 20.4 billion such devices out there by 2024, this could end up being big business.

The team behind IOTA believe that the potential use cases don’t end here. They believe their distributed ledger could deliver digital identities to all, pave the way for cutting-edge smart cities, deliver seamless global trade and prove the authenticity of products.

Should I buy IOTA today?

IOTA can be an excellent investment, but it could reverse its gains as well. Cryptocurrencies are prone to extreme price swings in both directions. Take all investment advice and price predictions with a grain of salt.   

IOTA price prediction

According to redditors, IOTA will start rallying and reach $3 by the middle of this year. Trading Education expects the price of IOTA to reach $2.53 by the end of the year. 

Finally, Trading Beasts is the least bullish, predicting IOTA will reach $1.7 in one month. The expected maximum price is $2.44 in 2022.   

IOTA on social media

 

The post Top places to buy IOTA, one of the few winners today appeared first on Coin Journal.

Veröffentlicht am

The hottest new dog-themed meme coin? Where to buy SpookyShiba

SpookyShiba is the first „Horror Genre“ token. The dog-themed meme coin added 40% to its value today. Do you want to know more about SpookyShiba, including whether it’s worth investing in? You’re about to find out in this article.  

Top places to buy SpookyShiba now

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

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

What is SpookyShiba?

The first „Horror Genre“ token is part of a video game project featuring the first „Holder Evolution Technology“, in which holders decide the future of the gaming experience. It was released just before Christmas on Android and iOS devices last year.

The ecosystem also features a scratch card game based on P2E technology that allows holders of SPOOKYSHIBA worth $100 or more to play once every 24 hours. They have the chance to win an NFT (either a legendary, rare, or common one) from the NFT marketplace being developed.

It will be released in early 2022, hence the token’s price surge. The NFT marketplace will have attractive royalty features that encourage holding the token.

Should I buy SpookyShiba today?

Meme coins are particularly volatile and risky. They are hard to use due to a limited number of applications. Invest at your own risk.  

SpookyShiba price prediction

Digital Coin Price is bullish on Spooky. They predict its lowest price in the future will be $0.00000000004, and its highest price – $0.00000000005. In one year, the price of 1 SpookyShiba will be around $0.00000000001, twice what it’s worth now.

SpookyShiba on social media

The post The hottest new dog-themed meme coin? Where to buy SpookyShiba appeared first on Coin Journal.

Veröffentlicht am

You can now buy NEAR, up 17% in the last 24 hours: here’s where

The live NEAR Protocol (NEAR) price today is $16.44 with a 24-hour trading volume of just under $1.8 billion. The NEAR token is up 16.68% in the last 24 hours. If you are attracted to unique features and want to learn how and where to buy NEAR, this guide is for you.

Top places to buy NEAR now

Binance

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

Buy NEAR with Binance today

What is NEAR?

NEAR Protocol is a layer-one blockchain that was designed as a community-run cloud computing platform and that eliminates some of the limitations that have been bogging competing blockchains, such as low transaction speeds, low throughput and poor interoperability.

This provides the ideal environment for DApps and creates a developer and user-friendly platform. For instance, NEAR uses human-readable account names, unlike the cryptographic wallet addresses common to Ethereum.

NEAR also introduces unique solutions to scaling problems and has its own consensus mechanism called “Doomslug.”

NEAR Protocol is being built by the NEAR Collective, its community that is updating the initial code and releasing updates to the ecosystem.

Flux, a protocol that allows developers to create markets based on assets, commodities, real-world events, and Mintbase, an NFT minting platform are examples of projects being built on NEAR Protocol.

Should I buy NEAR 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.

NEAR price prediction

Based on Wallet Investor’s forecast, a long-term increase is expected. They predict NEAR will reach $78 in 2027. A 5-year investment would thus generate revenue of around 377%. A $100 investment now might reach $477 in 5 years.

NEAR on social media

The post You can now buy NEAR, up 17% in the last 24 hours: here’s where appeared first on Coin Journal.