Kategorie: Crypto Markets

Major cryptos were relatively uneventful over the past 24 hours. 2021 saw billionaires, including Ray Dalio, Thomas Peterffy, and Paul Tudor Jones, who had dismissed crypto in the past, reveal that they were holding crypto assets. The past year also saw Bitcoin become legal tender in El Salvador. Pro Shares, the first US Bitcoin futures ETF, was launched. 

Top cryptos

Polkadot stood out gaining more than 2%, and Solana was down more than 2%. At time of writing, Bitcoin was trading under $47,000. The only major gainer in the top 20 was Uniswap, up around 8%.

Top movers

The biggest gainer in the top 100 is BORA, up almost 14% in the last 24 hours. Yearn.finance is a close second, having added 11% to its value in the last 24 hours at the time of writing. 

The live Ankr price today is $0.11 with a 24-hour trading volume of $181.7 million. The token has gained 10.68% today.

Aave is a decentralized finance protocol that allows people to lend and borrow crypto. It’s one of the big winners on the first workday of this year with gains of almost 9% today.

Helium (HNT) has been correcting a pullback since December 13. Analysts believe the coin is likely to set a new all-time high before the end of January. It’s up 5% in the last 24 h.

Trending

Flux reached a new ATH. The live Flux price today is $3.19 with a 24-hour trading volume of $180 million. Flux is up 25% in the last 24 hours.

PAPPAY, a cryptocurrency that can be used for digital purchases and payments on the internet, sustained its bullish momentum from 2021. It’s up 955% today.

The post Market highlights January 3: Crypto goes mainstream, Wall Street has strong 2021 appeared first on Coin Journal.

Yearn.finance is one of today’s biggest winners, having added 11% to its value in the last 24 hours at the time of writing. If you want to know what the most expensive crypto is, whether it’s a good investment, and some good places to buy Yearn.finance, we have all that for you and more in the present guide.       

Top places to buy Yearn.finance 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 YFI with eToro today Disclaimer

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 YFI with Capital.com today Disclaimer

What is Yearn.finance?

Yearn.finance is an aggregator service for decentralized finance (DeFi) investors, using automation to allow them to maximize profits from yield farming.

Its goal is to simplify the ever-expanding DeFi space for investors who are not technically minded or who wish to interact in a less committal manner than serious traders.

Launched in February 2020, the service, formerly known as iEarn, has seen huge growth in recent months as new products debuted and developers released in-house token YFI.

Should I buy Yearn.finance today?

YFI price predictions should be perceived as the opinion of an expert. Don’t take any investment advice at face value. Over-reliance can be a risk to your finances. Exercise extreme caution when making any decision that affects them.     

Yearn.finance price prediction

Wallet Investor is quite bearish on the price of Yearn.finance. They believe it may drop from $40,073 (at present) to $25,000 in just a year, which comes to a loss of 38%. This makes YFI a bad near-term investment.      

Yearn.finance on social media

#Defi Biggest #PriceMovers:

📈GAINERS@pTokens_io (#PBTC): +64.4%@iearnfinance (#YFI): +12.6%@airswap (#AST): +9.8%

📉LOSERS@EOSDT (#EOSDT): -11.8%@SwipeWallet (#SXP): -10.8%@CurveFinance (#CRV): -7%

✅Updates in 24h#DefiNews #SmartLiquidity pic.twitter.com/U0JEzz76PB

— 🌐 𝐃𝐄𝐅𝐈 𝐍𝐄𝐖𝐒 🌐 (@Definews_Info) January 3, 2022

The post Making DeFi simple for investors: Here’s where to buy Yearn.finance appeared first on Coin Journal.

The live BORA price today is $1.15 with a 24-hour trading volume of $469.8 million. BORA is up 13.92% in the last 24 hours. If you want to know where the best places to buy Bora now are, you’re about to find out.      

Top places to buy BORA now

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

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

What is BORA?

BORA is a DApp platform designed to solve current industry problems by distributing games and digital content and promoting user interaction using dual blockchain structure and proprietary token mechanism. The token of the platform is also known as BORA coin. BORA provides a solution that unlocks the value of digital assets on the blockchain.

The BORA platform has been designed using a modular architecture to allow independent blockchain implementation by content providers. This ensures that each service’s data and operations are guaranteed to work independently and without affecting other services on the platform. Meanwhile, users can take advantage of the various content services provided by the BORA ecosystem through a single unified experience.

Should I buy BORA today?

When reading BORA price predictions, don’t take them at face value. They are merely the opinion of an expert or insider. Take all investment advice with a grain of salt.    

BORA price prediction

Price Prediction forecasts 1 BORA will change hands for $16.24 in 2029. This is an increase of 1,600% in 7 years.    

BORA on social media

We are pleased to inform you that BORA can be deposited in the Klip wallet provided by KakaoTalk, after the Mainnet migration from Ethereum to Klaytn. https://t.co/UQnMWY4EM4

— BORA (@bora_ecosystem) December 2, 2021

The post You can now buy Bora, the coin that gained 14% today: Here’s where appeared first on Coin Journal.

Helium (HNT) is a decentralized blockchain-powered network for Internet of Things (IoT) devices that launched in July 2019. It has gained around 5% today. If you want to know what Helium is, is it worth buying, and the top places to buy HNT today, look no farther than this short and highly informative article.     

Top places to buy HNT 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 HNT with Binance today

What is HNT?

Helium mainnet allows low-powered wireless devices to communicate with each other and send data across its network of nodes. Nodes come in the form of so-called Hotspots, which are a combination of a wireless gateway and a blockchain mining device. Users who operate nodes thus mine and earn rewards in Helium’s native cryptocurrency token, HNT.

Helium’s goal is to prepare IoT communication for the future, identifying inadequacies in current infrastructure from its birth in 2013.

Helium aims to improve the communication capabilities of wireless Internet of Things (IoT) devices. In 2013, infrastructure around IoT was still in its infancy, but developers wanted to add decentralization to their offering, hence referring to it as “The People’s Network” in official literature.

Its core appeal will be to device owners and those interested in the IoT space, with financial incentives providing further outreach possibilities.

The network runs on proof-of-coverage, a new consensus algorithm based on the HoneyBadger BFT protocol which allows nodes in a network to reach consensus when connection quality is highly variable.

Should I buy HNT today?

It’s extremely difficult, if not impossible to make an accurate price prediction for a cryptocurrency, including Helium. Read at least five predictions from renowned industry experts to make an informed decision and don’t buy more of this volatile currency than you can afford to lose.   

HNT price prediction

Most analysts are bullish on Helium. Based on its analysis of the past price performance, Wallet Investor predicted that HNT would reach $68 this year, up from $40 at the moment. They forecast it would reach $215 in 2027. Digital Coin Price supports the bullish view, expecting the coin to hit $60 this year. They see HNT rising to $70 by 2025 and to $155 in 2028.

HNT on social media

$HNT had an incredible year 2021, with a max gain well over 4000%, the Weber Channel indicator doing an extremely good job identifying the bottoms.#HNT continues to look strong on the daily as well.

Support: 34.50-36.65 / 32.42
Resistance: 42.46
Scenarios in the chart#Helium pic.twitter.com/q02muVBeVq

— Philipp Weber (@PhilippWeber_) January 3, 2022

 

The post Helium was one of 2021’s most successful tokens: you can buy HNT now appeared first on Coin Journal.

Despite the overall slowdown in crypto markets seen recently, nearly all top 10 cryptos registered gains over the past 24 hours. Oil had a tremendous year in 2021, with COVID-19 lockdowns and re-openings propelling it to mammoth gains. In fact, oil prices have had their best year since 2009, climbing more than 50% since January 1st. The SPX500 and DJ30 hit new intraday highs before pulling back yesterday. The DJ30 missed out on finishing higher for the seventh straight session, with the index dipping 0.25%. 

Top cryptos

At the time of writing Bitcoin, Ethereum and XRP were all up more than 1%, while the majority of the other top 10 cryptos hovered around the flatline.

Algorand, the 19th biggest crypto by market cap, is the biggest gainer in the top 20 today. Algorand is up 8.79% in the last 24 hours.

Top movers

Celsius (CEL) is the biggest gainer in the top 100. The all-in-one banking and financial services platform for cryptocurrency users, which offers rewards for depositing cryptocurrency and services such as loans and wallet-style payments, gained 16% today.

Gnosis, a decentralized prediction market built on the Ethereum protocol, is also skyrocketing. It is up 14% in 24 hours.

Cosmos continues to rally. The live Cosmos price today is $31.75 with a 24-hour trading volume of $1.14 billion. Cosmos is up 13.60% in the last 24 hours.

AAVE is another big winner today. Its live price is $272.41 with a 24-hour trading volume of $591.8 million. Aave is up 13.58% in the last 24 hours.

Arweave and Bora both gained 11%. Arweave is a decentralized storage network that seeks to offer a platform for the indefinite storage of data. Bora is a decentralized entertainment platform that distributes digital content and provides incentives to participants. 

SushiSwap continues its rally over the past few days with 10% gains.  

Trending

Let’s Go Brandon (LGB) is a decentralized meme cryptocurrency dedicated to racecar driver Brandon Brown, an underdog who won at Talladega Superspeedway on October 2, 2021, setting off a chain of events that ultimately led to the creation of the meme coin. It’s up more than 50% today.

Catena X (CEX) is a project that aims to deliver an efficient multi-chain transfer protocol to bridge multiple blockchains, which will facilitate trades and transactions between different ecosystems in a completely decentralized way. The service will be secure and expansive with the ultimate goal of eventually bridging most of the existing major blockchains. It’s up 427% today.  

The post Market highlights December 31: Cryptos see end of year rally, oil headed for biggest gains since 2009 appeared first on Coin Journal.