Kategorie: Crypto Markets

The Cardano (ADA) price has rallied by over 20% today bringing relief to traders and investors after weeks of crypto market clash gloom. ADA has surpassed XRP after its transaction volume jumped 3 times those of Ethereum to become the 6^th largest crypto by market cap.

At the time of writing, ADA was trading $0.6347, up 21.41% after retracing from a daily high of $0.6823.

ADA price surge has been influenced by the following factors: ADA Price Rebounding from the bottom levels, GitHub development activity Lagon’s Cardono-Ethereum bridge launch for USDC, and Vasil Hard Fork launch.

ADA Price Rebounding from the bottom levels

ADA price rebound from a bottom level of $0.45 to a high of $0.68 brought whales and investors to purchase the dip. Additionally, the total value locked (TVL) and the number of transactions also increased pushing the price rally.

GitHub development activity

As the prices continued the dip, the Cardano team continued working on several innovative projects. GitHub development activity hit an all-time high causing the price to rally after a loss was witnessed on the Cardano network in the past weeks.

Yesterday Santiment tweeted:

“Cardano is one of many altcoins that have enjoyed a great start to the week, currently +13% in the past 24 hours. Development activity has hit All-Time High levels, as ADA‘s team worked on innovating while prices were suppressed.”

📈 #Cardano is one of many #altcoins that have enjoyed a great start to the week, currently +13% in the past 24 hours. Development activity has hit #AllTimeHigh levels, as $ADA’s team worked on innovating while prices were suppressed. 🧑‍💻https://t.co/kSqbhUZOe8 pic.twitter.com/XiFVl0NK2M

— Santiment (@santimentfeed) May 30, 2022

Lagon’s Cardono-Ethereum bridge launch for USDC

Another reason for the rally is the launch of lagon’s Cardano-Ethereum bridge that will enable the second-largest stablecoin (USDC) to be moved from the Ethereum blockchain to the Cardano blockchain. This is a great interoperability milestone for Cardano as the team also aims at introducing other tokens.

Vasil Hard Fork launch

As Cardano continues to make progressive moves and attract more users to its network, the Cardano community is eagerly waiting for the launch of Vasil Hard Fork, an upgrade to the Cardano network, at the end of June.

Charles Hoskinson, the founder of Cardano blockchain, said that once the hard fork is implemented, more developers will shift to the Cardano blockchain and this will cause the price of ADA to rally.

The post Cardano (ADA) jumps by over 25%: here are the reasons why ADA is rallying appeared first on CoinJournal.

The crypto market was higher this morning, with the majority of top 10 cryptos registering gains.

Top cryptos

Bitcoin was up around 4% at time of writing, trading above $31,000. Ethereum climbed around 6%, and XRP registered gains of around 5%. Cardano showed the most significant gains, jumping around 25% as the Vasil hard fork approaches. 

Top movers

Most top 100 coins were in the green at the time of writing. Notable standouts were Waves, Axie Infinity, and Aave with gains of 57%, 24%, and 14% respectively.   

Waves has been rallying after announcing its master plan to restore full functioning of its ecosystem’s DeFi Protocols. This was disrupted due to an ecosystem liquidity crisis caused by Vires Finance, a Waves-based lending protocol. 

According to a current promotion, it’s possible to earn big with Axie Infinity Original. 

Yesterday, Yahoo Finance reported that London-based cryptocurrency payments firm Merge raised a $9.5 million seed round led by Octopus Ventures. 

Among the investors were Coinbase Ventures, the founders of Aave, Alameda Research, Hashed, the founders of Polygon, and the CEO of Ledger. 

On the losing end, Tezos is down around 4% and Elrond and ApeCoin are both down around 3%.     

Trending

The biggest trender today is the token of The Realm Defenders, a Free to Play & Play to Earn RPG strategy game running on Polygon. In the game, you defend your kingdom against demons. 

You can upgrade characters and trade heroes on an NFT marketplace. You can earn rewards in the native TRD token, which gained 261% today, and unique NFT cards. There are also treasure chests and monthly boss fights.

The post Highlights May 31: Bitcoin breaks out, crypto market higher appeared first on CoinJournal.

Super Mario (MARIO) is an untracked crypto coin and little information about it is available. We wrote this article with the aim to explain the details about Super Mario: what it is, is it worth investing in, and the best places to buy Super Mario now.

Top places to buy Super Mario now

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

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

What is Super Mario?

Super Mario is a blockchain-based game with the token MARIO, running on the Ethereum Mainnet. In the game, the player tries to find and rescue Princess Peach, but to do that, they must defeat a villain called Bowser.

The dangerous trek and battles take place in so-called Mushroom Kingdom. The different realms of the game all have their own major battle. 

After each realm is cleared, holders of MARIO will be rewarded through airdrops. Players also get rewards in the token POW as stimulus to fight “harder.”

Should I buy Super Mario today?

Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never make any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose. 

Super Mario price prediction

No price predictions are available for Super Mario. According to Digital Coin Price, the token is currently trading for $0.000000129 and has lost 1.5% of its value in the last 24 hours. 

Super Mario on social media

We have been in contacts with a few CEX!

Which ones would you want to see $MARIO listed on? Let us know, and we can reach out to them as well.$shib #shib $doge #doge $floki #floki #luffy #saitama #eth #ada $starl #crypto #gem #alts #rick #morty #elon #mario #pow $pow

— SUPER MARIO $MARIO (@MarioToken) October 19, 2021

The post Here’s where to buy Super Mario, the token of the exciting new game appeared first on CoinJournal.

SpaceX CEO, Elon Musk, has noted that the company will start accepting Dogecoin (DOGE) payments for its merchandise. The news comes after Tesla, another Musk’s company, started accepting Dogecoin payments for its merchandise sometimes back. 

Musk tweeted:

“Tesla merch can be bought with Doge, soon SpaceX merch too.”

Tesla merch can be bought with Doge, soon SpaceX merch too

— Elon Musk (@elonmusk) May 27, 2022

On both occasions, Musk’s comment has caused the famous and largest meme coin by market cap to rally.

At the time of writing, Dogecoin (DOGE) was trading at $0.08549 up from a low of $0.07936 on Friday, May 27.

When will SpaceX’s DOGE payments start?

Musk said that the payment option to purchase SpaceX merchandise will be available soon but he did not state specifically when it will be made available to the general public.

When he was asked if SpaceX will enable their customers to pay for Starlink internet connection with DOGE he said:

’’Maybe one day’’

Besides, last year May 10, SpaceX started accepting full payment for a lunar mission, “DOGE-1 Mission to the Moon,” using Dogecoin.

Musk stated:

“Dogecoin would become the first cryptocurrency in space.”

SpaceX launching satellite Doge-1 to the moon next year

– Mission paid for in Doge
– 1st crypto in space
– 1st meme in space

To the mooooonnn!!https://t.co/xXfjGZVeUW

— Elon Musk (@elonmusk) May 9, 2021

The post Dogecoin up 5%: it’s trending on news of soon being accepted for SpaceX merchandise appeared first on CoinJournal.

The crypto market is booming with all top 100 coins in the green at the time of writing. 

Top cryptos

Bitcoin gained almost 6% in the last 24 hours, trading above $30,000. The second-biggest crypto, Ethereum, added 8% to its value in that time and has almost reached $2,000 per one ether. The biggest top 10 gainer is Cardano, up 12%.   

Cryptos outside the top 10 also fared very well. Avalanche, Polkadot, and Shiba Inu have all gained more than 10% today. 

Top movers

Outside the top 20, the tendency was similar, with many coins adding as much as 15% to their value. Notable standouts include Helium with 20%, STEPN with 28%, Waves with 37%, and Arweave with gains of 18%.  

On May 28, the Helium community launched a HIP 51 vote, which introduces a framework to unlock massive utility on the blockchain by enabling any network to join the ecosystem alongside IoT, such as 5G, Wi-Fi, and VPN.

STEPN drew the ire of Chinese regulators over data privacy issues, but the associated losses were short-lived. 

According to Business Insider, fitness tracking apps are known to be problematic from a privacy perspective, and for China, the crypto angle just makes it worse.  

Waves is the biggest winner of the day without a doubt. Its founder Sasha Ivanov tweeted about a liquidity crunch on Vires Finance, where several accounts were close to defaulting. This sent Waves’ token’s price down a few days ago. 

Ivanov then tweeted he planned to create a proposal on Vires that would move the debt and remaining collateral of these accounts to his own account, reversing the coin’s price trend.  

At the time of writing, no cryptos had lost value, except a few stablecoins losing up to a few hundredths. Efforts to save TerraUSD have failed and this stablecoin’s market cap no longer ranks it in the top 100. 

The LUNA token of the new Terra 2.0 blockchain seemed promising when it launched on Saturday, but it lost over 70% within a day. It has been flat in the last 24 h, changing hands for around $6. The old LUNA, now LUNC, continues to decline.  

Trending

The biggest winner today is Mercor Finance, trading for $0.0199, up 473% in the last 24 hours. This platform enables developers to create a trading algorithm coded in Python. 

If they are happy with their creation, they can deploy the algorithm onto the platform.

The post Highlights May 30: Week opens with impressive bull run of the crypto market appeared first on CoinJournal.