Kategorie: Crypto Markets

The ETPs debut on the Frankfurt Stock Exchange on 14 February and add to products for Bitcoin, Ethereum, Uniswap, and Solana

Cardano and Polkadot exchange-traded products (ETPs) made a debut on the Frankfurt Stock Exchange on Monday after the platform DeFi Technologies was approved to list the derivative products.

According to a press release shared on Monday 14 February, the ADA and DOT-based products will be traded via Valour, a subsidiary of DeFi Technologies and pioneering platform for digital asset ETPs.

The new ETPs will track the prices of ADA and DOT, the two altcoins that currently occupy the seventh and tenth-largest cryptocurrencies by market cap slots at $33.7 billion and $20.4 billion.

Per the announcement, users will access the products via the titles Valour Cardano (ADA) EUR and Valour Polkadot (DOT) EUR.

“The new ETPs will enable both retail and institutional investors to gain exposure to the native tokens of the Polkadot and Cardano networks as easily as buying shares from their bank or broker,” DeFi Technologies said in the statement.

Valour’s other products

The two add to the available portfolio offering of Valour Uniswap (UNI) and Solana (SOL). Other products in the portfolio are Bitcoin Zero and Valour Ethereum Zero, the platform’s first fully-fledged, zero-fee passive investment tracking the top two cryptocurrencies by market cap.

According to Valour CEO Tommy Fransson, the launch of the two products in the German market comes after success in the Scandinavian market. There’s increased interest for such products, he noted, adding that informed the expansion.

Valour Inc. is a Zug, Switzerland-based platform specializing in issuing exchange-listed financial products targeted for both retail and institutional investors. The company was established in 2019 targets offering the products to investors throughout Europe, according to its chief executive.

The post Cardano and Polkadot ETPs debut on the Frankfurt Stock Exchange appeared first on Coin Journal.

The live Anchor Protocol (ANC) price today is just below $2 with a 24-hour trading volume of almost $66 million. Anchor Protocol is up 9.37% in the last 24 hours.

Look no farther than this short guide for the details around the protocol, if it’s worth buying, and where to buy Anchor Protocol if you choose.

Top places to buy ANC now

KuCoin

KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 5 million registered users from 200+ countries and regions. According to Alexa traffic ranking, KuCoin’s monthly unique visit ranks the top 5 globally.

Buy ANC with KuCoin today

What is Anchor Protocol?

It is a lending and borrowing protocol on the Terra blockchain. It uses an over-collateralized architecture to allow users to lend, borrow and earn interest with their digital assets.

It enables fast withdrawals and pays depositors a low-volatility interest rate, which is amongst the highest among stablecoins at 19.5%. It makes deposits available to borrowers who pledge liquid-staked PoS assets as security.

It uses a liquidation process to ensure protection of depositors’ principal. Deposits are secure as long as any obligations secured by them are over-collateralized.

The Anchor liquidation protocol’s goal is to keep deposits safe by paying off debts that are in danger of failing to meet collateral requirements.

Should I buy ANC today?

Anchor Protocol can be profitable. Still, take the time to read at least several price predictions and take all investment advice with a grain of salt.

ANC price prediction

Gov Capital is bearish on Anchor. They predict its price will drop from $1.95 at the moment to $0.152 in one year. Wallet Investor also considers it a poor investment.

Price Prediction, on the other hand, is bullish. They forecast a minimum level of $3.72 in 2023 and of $5.36 in 2024. It can go up to $6.31 that year with the average trading price of $5.51. In 2025, the price of 1 ANC is expected to reach at least $7.66.

Anchor Protocol on social media

Anchor is a cryptocurrency with a price of $ 1.90 and marketcap of $ 423,719,375. Anchor Protocol’s market price has increased 12.93% in the last 24 hours. It ranks 139 amongst all cryptocurrencies with daily volume of $ 61,234,836. #Anchor #ANC $ANC https://t.co/NTBmtu6GgJ pic.twitter.com/kakkJdW4Fo

— cryptoprx.com (@CryptoPRx1) February 14, 2022

The post Anchor Protocol (ANC) Price jumped 9%: This is where to buy it appeared first on Coin Journal.

MetisDAO (Metis) bills itself as a protocol solving Ethereum’s six biggest challenges or the S6: speed, security, simplicity, storage, security, and scalability.

If you want to know the details around MetisDAO, if it would make a valuable investment, and the top places to buy it today, you’ve come to the right place.

Top places to buy MetisDAO now

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

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

What is MetisDAO?

The protocol is developing Metis Rollup, an easy-to-use, highly scalable, low-cost, and fully functional Layer 2 framework to fully support the application and business migration from Web 2.0 to Web 3.0.

Its scalable protocol supports a wide range of use cases, including NFT platforms, decentralized Reddit-like social platforms, open-source developer communities, influencer communities, gaming communities, freelancer communities, DEX trading, and much more.

Metis integrates the Decentralized Autonomous Company (DAC) framework within its Layer 2 infrastructure, a differentiating factor that makes it easy for any developers and community leaders to build their applications and communities.

Metis’ goal is to make building dApps and DACs on its platform easy. Even total blockchain novices can make it happen in a matter of minutes.

Should I buy METIS today?

MetisDAO can be a lucrative investment, but you shouldn’t spend more on it than you can afford to lose because it can reverse its gains just as easily.

METIS price prediction

Digital Coin Price predicts MetisDAO will reach $170.63 by the end of the year and hit $190.44 in 2023. In 2024, 1 METIS will be worth $226.86 and $265 the following year.

In 2026, 1 METIS will trade for $244.59 and for $343 the next year. In 2028, it will go up all the way to $455. In 2029, it will change hands for $522.66.

MetisDAO on social media

MetisDAO is a cryptocurrency with a price of $ 121.90 and marketcap of $ 282,834,215. MetisDAO’s market price has increased 9.61% in the last 24 hours. It ranks 235 amongst all cryptocurrencies with daily volume of $ 69,817,932. #METIS $METIS #METISDAO https://t.co/vpXK2D8Hi5 pic.twitter.com/1nbY4Aw0px

— cryptoprx.com (@CryptoPRx1) February 14, 2022

The post MetisDAO (METIS) Price gained 14% here’s where to buy it appeared first on Coin Journal.

The live Ontology Gas price today is $0.86 with a 24-hour trading volume of $632.7 million. Ontology Gas is up 30.47% in the last 24 hours. If you are attracted to unique features and want to learn how and where to buy ONG, this guide is for you.

Top places to buy ONG now

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

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

What is ONG?

Ontology is a high performance, open source blockchain specializing in digital identity and data. Ontology’s infrastructure supports robust cross-chain collaboration and Layer 2 scalability, offering businesses the flexibility to design a blockchain that suits their needs.

With a suite of decentralized identity and data sharing protocols to enhance speed, security, and trust, Ontology’s features include ONT ID, a mobile digital ID application and DID used throughout the ecosystem, and DDXF, a decentralized data exchange, and collaboration framework.

Ontology adopts a dual-token model, with both ONT and ONG as utility tokens. Ontology decouples ONT and ONG to alleviate the risk of turbulent fluctuations of the native “asset” value on the gas fee.

Should I buy ONG today?

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

ONG price prediction

Price Prediction is bullish on ONG. By the end of the year, they predict it will break $1, going up to $1.05. In 2023, 1 ONG will trade for at least $1.29 and for at least $1.93 the following year.

In 2025, the price of 1 ONG will be at least $2.87.

ONG on social media

#ong $ong buying here!

Targets – 25% + 35% – 50% +

Stop loss – 0.645#coinqts pic.twitter.com/LzpGmJGbLU

— CoinQTS – Investment & Trading Tips (@coinqts) February 13, 2022

The post Ontology Gas is surging, up 30% today: here’s where to buy ONG appeared first on Coin Journal.

This year started with a market plunge that saw the majority of cryptocurrencies like Bitcoin and Ethereum nosedive.

Bitcoin has, however, been trying to correct the downtrend only for the bull correction to be cut short below $45K. Today, BTC dropped by more than 4% sending Bitcoin below $44K.

At the time of writing Bitcoin was trading at $43,609.63.

Why Bitcoin price is lagging

Bitcoin price has been up and down after it dropped below $40k in January following the announcement by the FED that it was going to increase the interest rates gradually in the coming months. This followed reports that the U.S annual inflation rate has hit a 40 year high of 7% and that the interest rate will be increased for the first time in more than three years.

Currently, Bitcoin’s support level is at $42,578 and will have to reclaim $44,208 before retesting the resistance level at $45,161. If it happens to go below the support level, then it can drop to as low as $41,625, which will be a big blow to the world’s leading digital asset.

Crypto Market currently on the decline

While Bitcoin registered a drop today, other cryptocurrencies have followed suit today. Ethereum, for example, has dropped by 5% to $3,097.4.

Other Altcoins have recorded even bigger losses. Both XRP and Polkadot (DOT) have dropped by over 9% in the last 24 hours. Respectively, Solana (SOL) also dropped by 8% to trade at $106.15.

Due to the sudden downtrend, the entire market cap valuation has dropped by approximately 3% from above $2 trillion to $1.943 trillion.

Bitcoin investors are however optimistic that the coin will resume the bullish trend soon.

The post Bitcoin fails to get past $44K and loses 4% due to accelerating inflation rate appeared first on Coin Journal.