Kategorie: Crypto Markets

IOST was in the final stage of developing a cross-chain bridge to Polkadot in early March. The trial version of its cross-chain bridge with Ethereum will be launched in April. This will give users on Ethereum access to quicker and cheaper transactions.

IOST users will also have more options to earn with DeFi and staking. Look no further than this short article for all the details about IOST: what it is, is it worth investing in, and the best places to buy IOST now.

Top places to buy IOST now

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

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

What is IOST?

IOST is described as a fully decentralized, superfast ecosystem and blockchain network with its own wallets and nodes. It’s based on Proof of Believability, a next gen consensus protocol.

IOST was founded by Jimmy Zhong, Terrence Wang, Kevin Tan, Ray Xiao, Justin Li, and Sa Wang and launched in January 2018. Its open-source blockchain infrastructure is designed to be scalable and secure.

Its ultimate goal is to be the backbone for future online services. The consensus algorithm makes sure network transactions are fast and secure. 

The IOST token is a way to resolve the issue with scalability for big companies, which might not be able to leverage blockchains in a customer-facing setting.

Should I buy IOST 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.

IOST price prediction

Wallet Investor expects an increase in the next 5 years. They predict IOST will be worth $0.137 in March 2027. If you invest $100 in it now, you might have $286 in 2027.

IOST on social media

$ 0.05 !!!🚀🚀🚀@IOST_Official @jimmyzhong_iost @IOSToken_jp @IOST_KR #IOST @binance #IOST #cryptocurrecy #Blockchain pic.twitter.com/GPARlLrNgP

— IOST中文社区 (@IOST_CN) March 31, 2022

The post Top places to buy IOST, which gained 36% on news of positive developments appeared first on Coin Journal.

• KuCoin’s Into the Cryptoverse 2022 report shows that nearly half of the German population sees crypto as part of “the future of finance.”
• 35% of investors do it for passive income.
• More women are showing curiosity in 2022, with 53% of those showing interest.

A recent report by global crypto exchange KuCoin suggests that 44% of Germans are “motivated” toward cryptocurrencies as an investment.

This percentage of the population also believes cryptocurrency is the “future of finance”, the exchange noted in its ‘Into The Cryptoverse 2022’ report.

16% of Germans aged 18-60 own or trade crypto

 The insights gleaned from the study are reflective of Germany’s “set of clear rules applicable to cryptocurrencies,” a summary of the report indicated.

Notably, Germany was the first country to recognise Bitcoin as a “unit of value,” classifiable as a “financial instrument.” That happened in 2013 and is a development that appears to have had a big impact on adoption rates in the country.

As a result of regulatory developments, 44% of respondents said they are looking to buy and invest in crypto. Per the report, almost half of the population is convinced crypto is going to be the future of finance.

16% of Germans aged 18-60 own cryptocurrencies or have traded them over the past six months, with 41% of these investors planning to increase their investments in 2022. A further 13% are said to be crypto-curious.

In terms of gender, men account for 69% of cryptocurrency investors, while 53% of the crypto-curious are women.

Overall, 77% of these ‘crypto-curious’ investors are reportedly looking into potential digital assets to buy. According to KuCoin, this is a statistic that points to the very high levels of crypto literacy in the country.

Staking and lending top investment products

The report suggests that the growing adoption of crypto investment in Germany is down to the growing appeal of digital assets as a source of passive income. And this ability to generate returns on crypto investments is seeing cryptocurrency investing going mainstream in the country.

Per the study, 35% of investors take positions for passive income opportunities. Meanwhile, 30% see crypto as a reliable store of value and 29% say crypto assets provide a means to financial independence.

In terms of specific investments for passive income, an average of 24% of investors prefer staking crypto to holding bank savings accounts. Crypto lending comes next at 13%.

The report on Germany is the second in KuCoin’s Into The Cryptoverse 2022 lineup, coming after Turkey. The exchange plans to release further reports throughout 2022.  

Global trends on ownership and usage of crypto for 2021 showed that Nigeria topped the global charts, with Singapore, Thailand and the Philipines also up there. Asia, Africa, and South America are showing the fastest growth.

The post Kucoin: 44% of Germans are ‘motivated’ toward crypto investing appeared first on Coin Journal.

The biggest cryptos registered minor losses over the past 24 hours. Crypto companies in the UK that have yet to receive regulatory approval may look to move their operations elsewhere as the government deadline is only two days away.

US indices closed higher yesterday on hopes of a ceasefire between Russia and Ukraine, with Moscow pledging to cut back operations near the Ukrainian capital. Tech stocks were among the biggest gainers on the NASDAQ100 (+1.84%).

Top cryptos

Standing out among the losers were Cardano and Avalanche, both down close to 3%. Bitcoin was trading above $47,000 at the time of writing, down less than 1% over the past 24 hours.Terra and Near Protocol were notable exceptions to the bearish trend, up 3% and 8%. 

Top movers

The market was generally mixed outside the top 20. Zilliqa’s bull run continues in advance of its metaverse’s launch at the beginning of April. ZIL is up 42% today. 

Other winners include VeChain (+11%), AAVE, Chiliz, and STEPN (GMT). GMT has been rallying since it was listed on Binance at the beginning of March 2022. 

It gained 70% on news of a mysterious but important upcoming partnership between STEPN and an unknown entity, believed to be Binance.

Lionel Messi and fan token platform Socios signed a multimillion-dollar deal for the football legend to become the platform’s global brand ambassador. 

Chiliz soared in response. The platform, which powers Socios, added 21% to its value on the news of the high-profile partnership.

Lending protocol Aave’s token AAVE added more than four-fifths to its value since its V3 upgrade two weeks ago. It includes improvements in decentralization, security, interoperability, and risk control. AAVE is up 30% today.

Trending

Today’s biggest gainer is Pyroblock (PYR), a BSC token associated with collectible hand-drawn NFTs. Each NFT card block has its own rarity index. You must own PYR to buy NFTs. 

You earn rewards by staking NFT cards, which can provide high yields. PYR is up around 2,000% in 24 hours. 

The post Highlights March 30: Major cryptos down, AAVE, Chiliz, STEPN rally appeared first on Coin Journal.

Lionel Messi and Socios have signed a deal worth $20 million, where Messi becomes Socios’ global brand ambassador, Reuters reported. Chiliz, which powers Socios, is up 21% on the news.

If you want to know what Chiliz is, can it give you good returns, and the top places to buy Chiliz, you’ve come to the right place.

Top places to buy Chiliz 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 CHZ 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 CHZ with Bitpanda today

What is Chiliz?

Chiliz was created by a fintech provider of the same name based in Malta. The leading digital currency for sports powers Socios, a blockchain-based sports entertainment platform, allowing users to get involved in brand governance.

Socios fan tokens are an example. They give sports clubs and associations a way to connect to their fans and open up revenue streams. Fans can impact and take part in club-related decisions through polls and surveys, such as statements worn on players’ armbands.

Should I buy Chiliz today?

Chiliz can be a lucrative investment, but take the time to read at least several price predictions from leading analysts and do market research before making a commitment. Take all investment advice with a grain of salt.

Chiliz price prediction

Analytics Insight informs that Chiliz’ milestones this year are not the platform’s end goal and fans can expect a lot more progress and technological updates. 

They predict Chiliz is likely to reach $0.75 in 2024 if the next two years turn out as planned. It will not drop below $0.35.

Chiliz on social media

After Messi news the only way for $CHZ is up. Price actually at 0.31 FIB resistance. EMA50 not far away from 200 anymore on 12H. #Chiliz pic.twitter.com/NiZ8sGMRva

— CPR🇺🇦 (@cryptopunkrock1) March 30, 2022

The post You can now buy Chiliz, which soared on Messi deal with Socios: here’s where appeared first on Coin Journal.

AAVE broke the top 50 biggest coins by market cap and just pushed past $240. It achieved a 24-hour trading volume of $2.2 billion and gained 33% today.

Look no further than this short article for all the details about AAVE: what it is, is it worth investing in, and the best places to buy AAVE now.

Top places to buy AAVE 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 AAVE with eToro today Disclaimer

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 AAVE with CAPEX today Disclaimer

What is AAVE?

AAVE is a DeFi protocol that lets people loan and borrow crypto. Borrowers can use crypto to take out flash loans, while lenders can earn interest by depositing it into special liquidity pools.

AAVE means “ghost” in Finnish. It provides holders on the platform with discounted fees. It is also used as a governance token.

This makes sure AAVE holders have a say in the protocol’s future development.

Should I buy AAVE 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.

AAVE price prediction

Coin Price Forecast predicts AAVE will rise to $256 by the middle of the year and close it at $282. The price for mid-2023 will be $270 and $281 at the end of the year.

Throughout 2024, the predicted value is around $243. Mid-2025, 1 AAVE will trade for $274. It will break $300 that year.  

AAVE on social media

$aave#AAVE
Short it, you’re not stupid..
DYOR though.. pic.twitter.com/DzKyYJWNuX

— Overbought 🐻 (@OverboughtBear) March 30, 2022

The post Best places to buy AAVE, which added a third to its value today appeared first on Coin Journal.