Kategorie: Crypto Markets

All top 20 cryptos except Terra at #9 were down over the past 24 hours. Oil gushed past $86 late Tuesday night, its highest price since 2014, with a slew of geopolitical events contributing to tighter supplies. 

An oil pipeline from Iraq to Turkey exploded, halting oil flow. Terrorists attacked oil storage facilities and fuel tankers in the UAE on Tuesday. 

Tensions on the Russian-Ukrainian border threaten disruption of supplies as OPEC+ countries struggle to meet their target output while global demand for oil only increases. At the time of writing, oil was trading above $85.

US stocks slumped yesterday following a spike in Treasury yields. All Wall Street indices were in the red yesterday as the DJ30 and SPX500 fell 1.5% and 1.8%, respectively, while the NASDAQ100 plummeted 2.6%.

Top cryptos

Cardano ended its winning streak, diving more than 10%. Polkadot followed, sliding more than 4%, Ethereum and BNB dropped more than 3%, while XRP and Solana were all down more than 2%.

Bitcoin was trading below $42,000 at time of writing. The only top 20 winner was Terra, whose token Luna gained 5% in the last 24 h.

Crypto ATMs in Singapore halted services as regulators frown on easy consumer access to cryptocurrency. Bank of NY Mellon sees crypto assets potentially generating a meaningful source of revenue in the next 2-3 years.

Top movers

The top 100 more or less mirrored the movements in the top 20. A notable exception is Stacks, a layer-1 blockchain solution that is designed to bring smart contracts and decentralized applications (DApps) to Bitcoin (BTC). It is up 17% today.

The native token of Theta Network, THETA, was easily one of today’s biggest and few winners, up more than 9% in the last 24 hours. Theta Fuel, the token powering the Theta blockchain, is also up today – by 14%. At the other end of the scale is Harmony, ending its gains with a dive of 13%.

Trending

The biggest gainer of the day is Patron, the token of an influencer sharing economy platform. The Japanese company’s cryptocurrency added 2,970% to its value in the last 24 h.  

Rainbow Token is a hyper-deflationary, ethical DeFi token running on Binance Smart Chain, which combines seven features into a single crypto asset. It was listed on Stealth Exchange two days ago and has gained 18% today.

The Lunar token is surging on news of a Bitmart listing. Lunar added 11% to its value today.

The post Market highlights January 19: Sea of red for major cryptos, oil at 7-year high appeared first on Coin Journal.

Rainbow Token is a hyper-deflationary, ethical DeFi token running on Binance Smart Chain, which combines seven features into a single crypto asset. It was listed on Stealth Exchange two days ago and has gained 18% today.

Look no farther than this article to learn the details around Rainbow, including if it makes a worthwhile investment and the best places to buy Rainbow Token today.  

Top places to buy Rainbow Token now

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

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

What is Rainbow Token?

Rainbow Token launched on the 18th of August, 2021. It takes 7 colors and assigns each of them a special protocol that is built into the tokenomics of the smart contract.

RAINBOW plans to develop a decentralized platform service called Bifrost that allows users to launch their own tokens in a safe way. It wishes to improve upon current solutions, with a particular focus on reduced fees.

Bifrost will feature a clean user interface, flexible and modifiable sales, fair and low fees, and public and private presales with whitelisting features.

Should I buy Rainbow Token today?

Don’t make an investment without conducting your due diligence first. Take your tolerance of risk into consideration because you invest funds at your own risk.   

Rainbow Token price prediction

Wallet Investor expects a long-term increase. Their price prognosis for January 2027 is $0.00000019. A 5-year investment will generate revenue of around +1,780%. If you put $100 into Rainbow Token now, it might go up to $1,880 in 2027.   

Rainbow Token on social media

The market it down today. However with CMC trending $RAINBOW is outperforming the market well!!

Our market cap is up 9% and the 24 hour volume up nearly 400%!!!

Lets continue this momentum into the week!!!!#BSCGems #BSC #Crypto #rainbowtoken #bep20 #safemoon #shibainu pic.twitter.com/XwyF42nHw9

— Rainbow Token (@rainbowtokenbsc) January 17, 2022

The post Top places to buy Rainbow Token, the hottest new cryptocurrency appeared first on Coin Journal.

Lunar is the top trending coin on CoinMarketCap today on news of an upcoming Bitmart listing, having added 11% to its value in the last 24 hours. 

It is the native token of the DeFi application Lunar, which aims to streamline the entire process of crypto and NFT trading into one intuitive interface. This short guide explains what Lunar is, whether it’s worth buying, and the top places to buy Lunar now.  

Top places to buy Lunar now

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

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

What is Lunar?

Lunar replaces the 10+ separate tools needed to trade and research crypto with a single platform that gives users near-instant access to the functionality they need.

This includes Token Trading, Wallets & Wallet Aggregation, Price Charts & Token Information, Automated Portfolio Tracking, Token Explorers, and Price Alerts.

Some other components are Reflections Tracking, Watchlists, and Farming & Staking. Because every component within Lunar is fully interconnected, it unlocks features that users can’t get with separate systems.

For example, users can pay for crypto from multiple wallets at once, and track their portfolio automatically.

Should I buy Lunar today?

Lunar can be a lucrative investment, but do take the time to read price predictions and study the market before making a commitment.

Lunar price prediction

Price Prediction forecasts the price of Lunar will reach at least $0.00000006 next year. It can go up to $0.00000007 with the average price of $0.00000006 throughout the year. In 2024, it will trade for at least $0.00000009 and for at least $0.00000012 in 2025.  

Lunar on social media

Checkout Top 10 #trending crypto 🔥🚀
1️⃣ $SIS (@symbiosis_fi)
2️⃣ $TIME (@Wonderland_fi)
3️⃣ $GLMR (@MoonbeamNetwork)
4️⃣ $FTM (@FantomFDN)
5️⃣ $RAIL (@railgun_project)
6️⃣ $WSG (@WSGToken)
7️⃣ $ADA (@CardanoStiftung)
8️⃣ $CRO (@cryptocom)
9️⃣ $LNR (@lnrdefi)
🔟 $BTT (@BitTorrent) pic.twitter.com/Ru5paEvj5D

— CryptoCrunchApp  (@CryptoCrunchApp) January 18, 2022

The post You can now buy Lunar, which added 11% to its value: here’s where appeared first on Coin Journal.

• O’Leary says many sovereign funds are looking to invest in Bitcoin mining operations and that the next two to three years could see massive inflows into the sector.

• He also believes institutions are keen on companies that are compliant with government and local community regulations.

• He could dive into the mining operations himself this year, he added.

“Shark Tank” star Kevin O’Leary is positive about Bitcoin mining as an investment strategy and says he’s probably going to start his own mining operation sometime this year.

The Canadian businessman shared his plans in an interview with Anthony Pompliano, noting that Bitcoin mining was likely to see huge capital inflows over the next two, three years.

O’Leary says he’s been able to talk to investors across various jurisdictions, especially in the Middle East and the lesson learned from these travels is that many are looking at investing in Bitcoin mining via their sovereign funds.

While he predicts a majority of countries will eventually start mining Bitcoin, the O’Shares Investment Advisors chairman says the operations will want to do so in a manner that supports environmental sustainability. He says that this is because funds will want to steer off recent controversy relating to Bitcoin mining.

“Once a sovereign fund decides it is going to invest in Bitcoin, it’s going to want to mine it sustainably and ethically,” he said.

He notes that ESG (Environmental, Social, and Governance) demands and other compliance issues are top of the list for these investors. Other than that, these non-financial factors are a part of his own considerations before investing.

It’s also the approach O’Leary will look to apply when deciding how he’s going to invest in the sector, he noted.

The celebrity investor also revealed that he has for a long time envisioned running a crypto mining operation, noting that he would “probably do it in this calendar year.”

On what mining companies need to do to attract investors, O’Leary says regulatory compliance is a must. The companies also need to ensure they involve the local communities, with a proper and clear understanding of how some of the returns go back to the community.

He also noted that a lot of institutional capital will be flowing into crypto mining over the next couple of years. However, he feels that the inflows might only come if investors believe the exposure to BTC through equity that they are getting is from a company that has adhered to all the regulatory requirements.

These investors need to see the mined coins as part of the particular mining firm’s balance sheet, something that will give institutions and funds the confidence to buy and hold the crypto stocks.

Marathon Digital Holdings, Riot Blockchain and Hut 8 Mining are some of the top mining companies whose stocks rose significantly as Bitcoin price jumped to a new all-time high in 2021.

The post Kevin O’Leary says he could start a Bitcoin mining operation this year appeared first on Coin Journal.

The crypto market is bearish as a whole. Oil prices jumped in the past 24 hours to just under $85 as it appears that output will remain tight. At time of writing, oil was trading at $84.82, just 20 cents shy of its 52-week high.

With US markets closed due to it being a public holiday, investors’ focus shifted to Europe yesterday. The EUSTX50, representing the eurozone’s 50 largest companies, ticked up 0.7%.

Top cryptos

Cardano stood out once again among major cryptos, adding almost 3% over the past 24 hours and upping its gains to 35% in the past 7 days. These gains come ahead of SundaeSwap’s January 20th launch. It will be the first decentralized finance exchange using the Cardano blockchain.

Solana, Ethereum and BNB all slid more than 2%, and Bitcoin was trading above $42,000 at time of writing.

Terra and Polygon are the biggest losers in the top 20. Both lost 10% of their value today. Near Protocol is down 9% and Chainlink and Polkadot are down 7% in the last 24 hours.  

Top movers

Most of the top 100 biggest coins by market cap have lost between 3 and 6% of their value. Cosmos is reversing recent gains with a loss of 11% today. Fantom is close behind it, down 9%. Axie Infinity has lost 10%. 

Monero has lost just under 11% so far, also backtracking on recent wins. 1inchnetwork is down 7%.  

Trending

Knight War: The Holy Trio is an upcoming semi-decentralized, play-to-earn game in the Idle Defense Genre. Its native token MRE is up 311% as launch approaches.

Telos, a superfast and scalable blockchain focused on real world use and adoption, is one of the biggest winners of the day. It added an impressive 53% to its value.

Propy is also trending. The token was built with the vision to automate the real estate sales process. Propy is up 47% in the last 24 hours.

The post Market highlights January 18: Cardano continues to rally, oil toys with 52-week high appeared first on Coin Journal.