Kategorie: Crypto Markets

Daily headlines and news about crypto markets.

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Cosmos is skyrocketing today, up 15%: here are the top places to buy Cosmos now

The live Cosmos price today is $42 with a 24-hour trading volume of $2.7 billion. Cosmos is up 14.90% in the last 24 hours. If you want to know what Cosmos is, the price predictions for Cosmos, and the best places to buy Cosmos, you’ve come to the right place.

Top places to buy Cosmos 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 ATOM with eToro today

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 ATOM with Capital.com today

What is Cosmos?

Cosmos is described as “Blockchain 3.0”. The Cosmos software development kit focuses on modularity. This allows a network to be easily built using chunks of code that already exist. Long-term, it’s hoped that complex applications will be straightforward to construct as a result.

A major concern for some in the crypto industry centers on the levels of fragmentation seen in blockchain networks. There are hundreds in existence, but very few of them can communicate with each other. Cosmos aims to turn this on its head by making this possible.

Scalability is another priority, meaning substantially more transactions can be processed a second than more old-fashioned blockchains like Bitcoin and Ethereum. 

If blockchains are to ever achieve mainstream adoption, they’ll need to be able to cope with demand as well as existing payment processing companies or websites — or be even better.

Should I buy Cosmos today?

Cosmos can be a profitable investment, but do market research in advance. Cosmos can reverse its gains just as easily. Never invest more than you can afford to lose.

Cosmos price prediction

According to Coin Price Forecast, Cosmos will trade for $83 at the end of 2022, which will be an increase of 149% y/y. In the first half of 2023, the Cosmos price will climb to $108. In the second half, it will lose $10.54, closing the year at $97, which is up 136% from the current price.

Cosmos on social media

 

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Hex trending today with no end to gains in sight: best places to buy Hex

Hex is recovering very well from recent losses, which affected the whole crypto market. It has gained 3% today and that’s just the beginning. The gains result from the CoinMarketCap error, due to which the token ended up getting listed in the top 20 by mistake. In this guide, you’ll learn what Hex is, whether it’s worth buying, and the best marketplaces for Hex now.

Top places to buy HEX now

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

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

What is HEX?

HEX is an ERC20 token running on the Ethereum network. It was conceived of as a store of value to replace the Certificate of Deposit as the blockchain counterpart of that financial product used in traditional financial markets. 

HEX is also designed to leverage off the emerging DeFi (Decentralised Finance) ecosystem in cryptocurrencies within the Ethereum network.

HEX uses the Ethereum network for the transaction layer (sending and receiving HEX tokens, as well as interacting with the HEX smart contract), whilst the consensus code and staking mechanism is contained in the HEX smart contract.

Should I buy HEX today?

Before you decide to invest in Hex, do market research and read price forecasts. Be prepared for the unexpected. Hex can reverse its gains just as easily.

HEX price prediction

According to DigitalCoin analysis, the price of HEX will increase in the next 5 years starting from $0.22 as of today’s price to $0.95. Next year, it will go up to $0.32. Based on this forecast, HEX can be a profitable long-term investment.

HEX on social media

The post Hex trending today with no end to gains in sight: best places to buy Hex appeared first on Coin Journal.

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You can now buy Quant, the token that gained 13% in 24 hours: here’s where

Quant is recovering very well from recent losses, which affected the whole crypto market. It added 13% to its value in the last 24 hours. This article discusses what Quant is, if it’s worth investing in, and the best places to buy Quant today.

Top places to buy Quant 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 QNT with eToro today

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 QNT with Binance today

What is Quant?

Quant launched in June 2018 with the goal of connecting blockchains and networks on a global scale, without reducing the efficiency and interoperability of the network. 

It is the first project to solve the interoperability problem through the creation of the first blockchain operating system.

The project is built as an operating system distributed ledger technology— and Overledger Network — for connecting different blockchain networks. The project is billed as the first OS to be built for blockchains.

The main aim of Quant — using Overledger — is to bridge the gap that exists between different blockchains. 

The backbone of the project is the Overledger network, which Quant bills as the ecosystem on which the future digital economy ecosystem will be built.

Overledger allows developers to build decentralized multi-chain applications (known as MApps) for their customers. 

For developers to build a Mapp on the network, they must hold a certain amount of Quant tokens (QNT).

Should I buy Quant today?

Read a few price predictions before you make the decision to invest in Quant or any other crypto. They are very volatile and subject to unpredictable price swings in either direction.  

Quant price prediction

Based on the forecasts of Wallet Investor, a long-term increase is expected. They predict 1 QNT will trade for $1,542 in 2027. 

A 5-year investment could generate revenue of as much as 732%. If WI’s prediction proves correct, a $100 investment may be up to $832 in 5 years.

Quant on social media

The post You can now buy Quant, the token that gained 13% in 24 hours: here’s where appeared first on Coin Journal.

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Decentraland recovering swiftly, up 10% in 24 hours: here’s where to buy MANA now

MANA is the first of the top 100 coins by market cap to start recovering from yesterday’s losses. The live Decentraland (MANA) price today is $3.18 with a 24-hour trading volume of $2.4 billion. Decentraland is up 9.99% in the last 24 hours. 

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

Top places to buy Decentraland 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 MANA 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 MANA with CAPEX today

What is Decentraland?

Decentraland (MANA) defines itself as a virtual reality platform powered by the Ethereum blockchain that allows users to create, experience, and monetize content and applications.

In this virtual world, users purchase plots of land that they can later navigate, build upon and monetize.

Decentraland was launched following a $24 million initial coin offering (ICO) that was conducted in 2017. The virtual world launched its closed beta in 2019 and opened to the public in February 2020. 

Since then, users have created a wide range of experiences on their parcels of LAND, including interactive games, sprawling 3D scenes and a variety of other interactive experiences.

Decentraland is built for content creators, businesses and individuals that are looking for a new artistic medium, business opportunity, or source of entertainment.

In total, the Decentraland gameworld — termed the “Metaverse” — is divided into 90,601 individual parcels of LAND, each of which is represented by an ERC-721 non-fungible token. 

Each LAND is exactly 16m x 16m (256 square meters) and can be found at a particular coordinate in the Metaverse.

Though LAND holders are free to develop their plot into whatever they choose, much of the Metaverse is broadly divided into several districts, each of which has a different size and theme.

 These districts were generated through individual crowdsales for MANA tokens, and parcels of LAND in these districts cannot be traded.

Should I buy Decentraland 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.

Decentraland price prediction

Crowd Wisdom predicts MANA will trade between $ 3.06 and $ 3.22 in the next few hours. Buy is their technical recommendation for the next few hours. 

4 out of the 6 momentum indicators are positive. 1 of the 6 indicators is negative.

Decentraland on social media

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Market highlights January 6: Major cryptos plummet, tech firms drag down NASDAQ100

Major cryptos fell sharply over the past 24 hours, reacting to the FOMC minutes release of faster rate hikes. All three major US indices fell heavily on the news that Fed officials are planning faster hikes and a quicker start to bond sales than expected. The NASDAQ100 was hit hardest, falling 3.34%. 

The Fed-driven selloff marks the worst start to a calendar year for tech stocks since the 2008 financial crisis, with a range of tech firms taking US markets lower in the session. Leading the NASDAQ100 lower was MercadoLibre, down 9%, while Datadog fell 7.76% and Moderna was off by 7.65%.

The biggest faller in the SPX500 was Enphase Energy, down 11.82% after Bank of America downgraded the stock from buy to neutral. 

Top cryptos

Solana and Polkadot plunged more than 11%, while Ethereum, BNB, Cardano and XRP fell more than 8%. Bitcoin dropped almost 7% and was trading just above $43,000 at time of writing. Nonetheless, a Goldman Sachs report this week sees Bitcoin potentially doubling to $100,000 within the coming five years.

Polygon lost 15%. It has taken a dive since being pushed to a new all-time high of $2.92 on 27 December. It has since lost over 25% to today’s price of $2.08 following news of a malicious hack on the network in early December.

Top movers

Almost all of the top 100 coins by market cap have lost value today. Metaverse tokens were hit the hardest. The biggest losers are Axie Infinity, Internet Computer, and Loopring with -20%, Elrond, Tezos, Curve DAO, ThorChain, and Compound with -19%, Gala, Arweave, and Kadena with -18%, Hedera, Theta, Nexo, and SushiSwap with -17%, privacy protocol Secret with -16%, and Sandbox, Harmony, BAT, The Graph, Helium, Enjin Coin, Chiliz, Waves, YFI, Algorand, IoTeX, and Velas with 15%.  

At #100, APENFT is the only winner of today with gains of around 3%. Its core businesses include investing in top NFT platforms and artworks, incubating leading NFT artists, sponsoring galleries, organizing art exhibitions or publications, setting up awards to support art creation and criticism, and establishing art collections.

Trending

PAPPAY, a cryptocurrency that can be used for digital purchases and payments on the internet and a tool that generates passive income, soldiers on with gains of 900% today, a level typical of its recent trajectory.

Another winner is AquaGoat.Finance, which gained 8.65% in the last 24 hours. Recognizing the harmful impacts of cryptocurrency mining on the environment, AquaGoat focuses on ocean conversation efforts, helping to offset, mitigate, and potentially reverse the damage done by humans and conventional mining processes of the past, all while generating income for network participants.

The post Market highlights January 6: Major cryptos plummet, tech firms drag down NASDAQ100 appeared first on Coin Journal.