Kategorie: Crypto Markets

PolySwarm is one of today’s biggest gainers, having added 65% to its value in the last 24 hours. Its current market rank by market cap is 295 with a 24-hour trading volume of just over $84 million. 

This article will give you all the details about PolySwarm, if it’s worth investing in, and the best places to buy PolySwarm tokens.  

Top places to buy PolySwarm now

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

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

What is PolySwarm?

PolySwarm (NCT) is a cybersecurity company that helps users, enterprises and corporate security teams detect and gather intelligence on new and emerging malware.

PolySwarm crowdsources competing security software from antivirus companies and specialized security experts to expand large enterprises’ coverage and protection against cyber threats.

Suppliers are economically rewarded based on accuracy. Rewards are in PolySwarm’s token Nectar (NCT), which runs on the Ethereum blockchain.

Should I buy PolySwarm today?

PolySwarm can be a lucrative investment, but it’s prone to unexpected price swings. Do research on the company issuing it and read analyses of the coin’s price movements before you decide to invest in it.

PolySwarm price prediction

Wallet Investor has a negative outlook on PolySwarm. They believe Nectar can be a bad, high-risk one-year investment option. Its price will not increase, so an investment made now may be devalued in the future.   

PolySwarm on social media

PolySwarm social activity:

Galaxy Score™ 63.5/100
AltRank™ 2/3,470
1,977 social mentions
2,277,289 engagements
20 social contributors
0.02% social dominance
289 shared links
Price +66% to $0.14 https://t.co/ckL2NjW46q$nct #polyswarm

— Vishu (@Vishu3081) January 14, 2022

The post Where to buy PolySwarm, the token of the popular cybersecurity company appeared first on Coin Journal.

Allbridge is a unique digital asset because it uses on-chain consensus, which provides stability and overall system transparency. It is a small asset ranking under #3741 by market cap, but it’s rising in the ranks quickly. 

If you want to know more about Allbridge, including whether it’s a good investment and whether you should buy Allbridge now, you’re about to.

Top places to buy Allbridge now

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

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

What is Allbridge?

The creators of Allbridge describe it as a simple, modern, and reliable way to transfer assets between blockchain networks. They plan for the asset to evolve into a DAO-style multi-chain hub, creating links between EVM and non-EVM networks.

Why is Allbridge unique? Typically, a bridge consists of a smart contract, a network of oracles, and a smart contract on the destination blockchain used to accept the input from active oracles and mint new tokens to the recipients.

However, the creators of this token find that oracle (or validator) consensus should be reached on-chain. Every validator transaction can be verified with the help of a regular block explorer, and, if something goes wrong, it can be identified immediately.

The ecosystem will implement a separate block explorer to monitor bridge transfers.

Should I buy Allbridge today?

Read the following price prediction and a few others before committing to an investment in Allbridge. Never take price predictions at face value, however.   

Allbridge price prediction

Digital Coin Price has a positive outlook. They forecast it will trade for at least $16.23 in the future and for $17.81 at most. The price of 1 Allbridge might go up to $6.9 in one year. It is trading for around $4 at the moment.   

Allbridge on social media

Not surprised to see #allbridge pushing some of the most commits 🛫🛫🛫 https://t.co/QVyJRNdfOn

— Ξ◎Brandon Brown (@brandonbrown3d) January 9, 2022

The post Here are the top places to buy Allbridge now: your hows and whys answered appeared first on Coin Journal.

• Bloomberg analyst believes Bitcoin’s rising value is bad for commodities, citing copper as an example.

• JPMorgan and Morgan Stanley also gave bearish outlooks for gold and copper in December.

• Other strategists have given bullish forecasts though, including billionaire Paul Tudor Jones who noted this week that commodities were “greatly undervalued.”

Mike McGlone, a senior commodity strategist at Bloomberg Intelligence, has suggested that commodities are unlikely to witness a price supercycle if Bitcoin’s growth and maturity is anything to go by.

The strategist has previously predicted that Bitcoin’s price could rally to $100,000 this year, and he’s not convinced of a similar run for commodities.

According to McGlone, the market resilience of Bitcoin and the outlook for metals like copper suggest the potential for a mega uptick for commodities is low. He indicated this in a comment shared on Twitter on Thursday, 13 January.

He noted that Bitcoin has the “edge” over copper, referring to the comparison between digital gold versus “the Old-Guard Doctor.”

Looking at a chart comparing Bitcoin’s rising price and declining risk versus copper futures, and the 260-day volatility for both assets, McGlone noted:

Other analysts’ views on gold, copper, and other commodities

In December, analysts at JP Morgan and Morgan Stanley forecast a bearish outlook for gold, silver and copper for 2022.

JP Morgan said that it expected US real yields to edge higher in 2022, with gold prices likely to decline to around $1,520 per ounce. Morgan Stanley, on the other hand, predicted copper would see more volatility, but likely stay “vulnerable to macro moves.”

Early this year, Fat Prophets commodity analyst David Lennox told “Street Signs Asia” that he expected gold to rally to $2,100 per ounce by end of the year. He alluded to rising US inflation and weaknesses for the US dollar, as well as geopolitical factors, as potential catalysts for a breakout in gold prices.

According to him, gold’s safe-haven status remains its biggest pull factor in the face of turbulence across markets and on the geopolitical scene.

Commodities are undervalued

On Monday, legendary trader and hedge fund billionaire Paul Tudor Jones noted that contrary to some observations, commodities were “greatly undervalued” and that they would outperform financial markets long term.

In an interview with CNBC, the Just Capital co-founder said assets that performed well during the pandemic will be in for a “tough sledding”. He added:

“Things that performed the best since March 2020 are probably going to perform the worst as we go through this tightening cycle.“

Gold was priced around $1,815 an ounce on Thursday, down about 0.6% having touched highs of $1,827 during the previous session. Silver and copper were also hovering in the red with 0.8% and 1.2% drawdowns respectively.

Meanwhile, Bitcoin was down 1.2% to $43,150 levels after declining from intraday highs of $43,800.

The post Bitcoin’s endurance suggests unlikelihood of ‘supercycle’ for commodities, says strategist appeared first on Coin Journal.

The crypto market was higher over the past 24 hours, as the majority of top 10 cryptos were in the green at time of writing. The UK100 rose 0.81% yesterday to reach its highest level since December 2019.

Inflation in the US has reached 7%, its highest level for 40 years. The latest reading is in line with analyst expectations, with prices for cars, furniture, energy, and food driving much of the surge. Taking the inflation news in their stride, all three major US indices rose yesterday.

Investors will be closely following the monthly producer Price Index (PPI) data, set to be released today at 13:30 GMT.

Top cryptos

Bitcoin climbed around 2%, trading above $43,000, while Ethereum and XRP were up around 3% each. Cardano has registered its first more substantial gains in a while, up almost 8% today. It is trading for $1.30 and has a 24-hour trading volume of just over $2 billion.

Dogecoin has been on a somewhat unexpected bull run. It is doing well after whales bought it in especially large amounts yesterday. Today, it added 12% to its value.

Shiba Inu is also up 12%, but the reason is a Robinhood listing rumor. This isn’t the first time such a rumor has surfaced. Shiba Inu’s October 2021 peak may have been due to the same rumor.

Top movers

Harmony’s advent goes on. It gained 13% in the last 24 hours and an impressive 29% over the past week. Oasis Network is also trending with gains of 13% today.

Monero, which allows transactions to take place privately and anonymously, is up 10% today.

1inch Network, uniting decentralized protocols and enabling lucrative, fast, and safe operations in the DeFi space, added 10% to its value as well.

Zilliqa was briefly back in the top 100 biggest coins by market cap with gains of just over 10% in the last 24 hours.

Enjin Coin is a project of Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. It is impacted by bullish trends affecting some other game tokens, adding 9% to its value today.

Another winner is XDC, the native coin of XinFin, an enterprise-ready hybrid blockchain technology company optimized for international trade and finance. It is up 9% today.  

Velas, the world’s fastest EVM blockchain with speeds up to 75 000 tx/s, gained 9% in the last 24 hours.

Fantom continues its bull run. It is up 7% today, bringing its 7-day growth to 10%.  

Stellar Lumens, an open network that allows money to be moved and stored, registered a surge of around 7% today.

Trending

PAPPAY is the biggest gainer on yet another day. Today, it added an impressive 900% to its value. PAPPAY is a payment tool that provides holders with passive income. It enables safe, easy, and fast online payments, including ecommerce payments. It generates passive income of 1% and gives developers access to an API.

The token GamingShiba is the top trender on CoinMarketCap. This cryptocurrency, which describes itself as the link between gamers, streaming platforms, NFTs, and the Metaverse, is up 61% in the last 24 hours.  

 

The post Market highlights January 13: Crypto market buoyant, UK markets highest since end 2019 appeared first on Coin Journal.

Zilliqa (ZIL) is back in the top 100 biggest coins by market cap with impressive gains of just over 10% in the last 24 hours. This short guide explains what Zilliqa is, if it’s worth investing in, and the best places to buy ZIL today if you choose to.

Top places to buy ZIL now

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 ZIL with Capital.com 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 ZIL with CAPEX today Disclaimer

What is ZIL?

Zilliqa is a public, permissionless blockchain that is designed to offer high throughput with the ability to complete thousands of transactions per second. It seeks to solve the issue of blockchain scalability and speed by employing sharding as a second-layer scaling solution.

The platform is home to many decentralized applications, and as of October 2020, it also allows for staking and yield farming.

Zilliqa claims to be the world’s first public blockchain to rely entirely on a sharded network. This allows it to achieve high throughput and a high rate of transactions per second, which it says solves the scalability issue.

Because each shard processes transactions individually, the number of transactions that can be processed per second increases as the network grows and the number of shards increases correspondingly.  

Should I buy ZIL today?

Previous performance is no guarantee for future such. Many price prediction platforms have a positive outlook on ZIL, but do exercise caution if you decide to put money into this volatile asset.  

ZIL price prediction

According to Price Prediction’s analysts, ZIL will cross $2.47 in 2030. Trading Beasts predict Zilliqa will pass $0.11 by the end of this year.  

ZIL on social media

8️⃣0️⃣0️⃣,0️⃣0️⃣0️⃣ TX Fees 🔥

1️⃣2️⃣ Days into January

We’re breaking 2 Mil this month‼️$Zil #Zilliqa pic.twitter.com/FGuBTAnWDi

— ZilHub (@ZilHub) January 13, 2022

The post Top places to buy ZIL, the coin that went up 10% in 24 hours appeared first on Coin Journal.