Kategorie: Crypto Markets

Daily headlines and news about crypto markets.

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Woo Network is a big winner today, gained 10% in 24 hours: the best places to buy WOO

The live WOO Network price today is $1.19 with a 24-hour trading volume of $136.5 million. The native token WOO has gained almost 10% in the last 24 hours. In this guide, you will learn what WOO is, if it’s worth buying, and the top places to do that now if you choose.   

Top places to buy WOO now

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

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

What is WOO?

WOO Network is a deep liquidity network connecting traders, exchanges, institutions, and DeFi platforms with democratized access to the best-in-class liquidity and trading execution at lower or zero cost. WOO Token is used in the network’s CeFi and DeFi products for staking and fee discounts.

WOO X is a zero-fee trading platform providing professional and institutional traders with the best-in-class liquidity and execution. It features fully customizable modules for workspace customization. Wootrade is a gateway for institutional clients such as exchanges to access WOO Network’s liquidity to upgrade their order books to a depth deeper than top exchanges and tighten their bid/ask spread. WooFi Pools are deployed across select DeFi protocols and applications to provide users with enhanced on-chain liquidity and execution. To achieve this, a combination of off-chain tools such as pricing oracles, quantitative trading, and hedging strategies are bridged with on-chain liquidity pools.

Should I buy WOO today?

Price predictions should only be taken as the informed opinion of a market analyst. In light of the fact that it’s very difficult to make an accurate prediction, take the time to see how the price of Celo will develop before committing to an investment.    

WOO price prediction

Gov Capital predicts WOO will be worth $4.22 a year from now and $37 five years from now. Wallet Investor is also bullish on WOO, which is a great one-year investment according to their forecast system. Their price prognosis for 2027 is $5.32. A 5-year investment will generate revenue of around 344. If you put $100 in WOO today, this might reach $444 in 2027.

WOO on social media

 

The post Woo Network is a big winner today, gained 10% in 24 hours: the best places to buy WOO appeared first on Coin Journal.

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No end to Celo’s gains in sight: you can now buy Celo, here’s where

Celo is a blockchain ecosystem focused on increasing cryptocurrency adoption among smartphone users. It is the 64th biggest coin by market ranking and gained 7% today. This article explains what Celo is, if it’s worth investing in, and the top places to buy Celo today.   

Top places to buy Celo 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 CELO with eToro today

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 CELO with Binance today

What is Celo?

Celo’s main unique selling point lies in its focus on smartphone users. The company argues that the number of smartphone owners is increasing exponentially, but the number of people using cryptocurrency is rising at a much slower pace.

Cryptocurrency is further highly suited to regions in which a large section of the population does not have access to the banking sector, but still has a smartphone.

Bridging the gap between the two technologies is what Celo aims to do, along with harnessing the benefits of DeFi by supporting the creation of DApps and smart contracts.

Optimized for mobile, the Celo blockchain automatically calculates transaction fees, and also allows users to pay the gas fees which power transactions in any currency.

Should I buy Celo today?

Price predictions should only be taken as the informed opinion of a market analyst. In light of the fact that it’s very difficult to make an accurate prediction, take the time to see how the price of Celo will develop before committing to an investment.    

Celo price prediction

Wallet Investor believes Celo can be a good investment. Its price can go up from $5.75 to $7.42 in one year. This brings the earning potential to +29% in one year. In five years, 1 Celo will be worth $17.

Celo on social media

 

The post No end to Celo’s gains in sight: you can now buy Celo, here’s where appeared first on Coin Journal.

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Kava is skyrocketing, up 10% in 24 hours: top places to buy Kava now

Kava is a cross-chain DeFi lending platform that allows users to borrow USDX stablecoins and deposit a variety of cryptocurrencies to begin earning a yield. Kava is up 10.22% in the last 24 hours. If you want to know what Kava is, is it a good long term investment, and the best places to buy Kava now, look no farther than this guide.  

Top places to buy Kava 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 KAVA with Binance today

What is Kava?

The Kava DeFi hub operates like a decentralized bank for digital assets, allowing users to access a range of decentralized financial services, including its native USD-pegged stablecoin USDX, as well as synthetics and derivatives. Through Kava, users are able to borrow USDX tokens by depositing collateral, effectively leveraging their exposure to crypto assets.

Built on the Cosmos blockchain, Kava makes use of a collateralized debt position (CDP) system to ensure stablecoin loans are always sufficiently collateralized. If a borrower fails to maintain their collateral above a required threshold, the Kava liquidator module will seize collateral from failing CDPs and send it to the auction module for sale.

In addition to Kava’s USDX stablecoin, the Kava blockchain also includes the native KAVA token. This is a utility token used for voting on governance proposals and also functions as a reserve currency for when the system is undercollateralized.  

Should I buy Kava today?

Before investing in Kava, read analysts’ opinions and market predictions and do in-depth market research. Never invest more than you can afford to lose and take investment advice with a grain of salt.   

Kava price prediction

According to TradingBeasts, Kava is a poor investment. They predict Kava will drop from its current price of $4.82 to $3.53 by the end of 2023.

Kava on social media

 

The post Kava is skyrocketing, up 10% in 24 hours: top places to buy Kava now appeared first on Coin Journal.

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You can now buy RavenCoin, the token that gained 10% in 24 hours: here’s where

RavenCoin has been registered impressive gains over the past weeks. The 83rd biggest coin by market cap is trading for $0.13 today with a 24-hour trading volume of $482 million. It has gained 9.82% in the last 24 hours. Its price surged yesterday on occasion of its 4-year anniversary. If you want to know more details about RavenCoin, including where to buy RavenCoin, you’ve come to the right place.  

Top places to buy RavenCoin now

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 RVN with CAPEX today

Plus500

Plus500 is a leading provider of Contracts for Difference (CFDs), delivering Leveraged trading on +2,000 financial instruments, including Forex, Commodities, Indices, Shares, Options and Cryptocurrencies. CySEC license number (#250/14)

Buy RVN with Plus500 today

What is RavenCoin?

Ravencoin is a digital peer-to-peer (P2P) network that aims to implement a use case specific blockchain, designed to efficiently handle one specific function: the transfer of assets from one party to another. Built on a fork of the Bitcoin code, Ravencoin was announced on Oct. 31, 2017 and released binaries for mining on Jan. 3, 2018 with what is called a fair launch: no pre-mine, ICO or masternodes. It was named in reference to the TV show Game of Thrones.  

Should I buy RavenCoin today?

Take the time to read price predictions before you invest in any cryptocurrency because they can be very volatile and unpredictable. Don’t be over-reliant on them either; they’re best supplemented by thorough market analysis.  

RavenCoin price prediction

Wallet Investor predicts a long-term increase – to $0.46 in 5 years. A 5-year investment will generate revenue of around 253%. A $100 investment now could reach $353 in 2027.

RavenCoin on social media

 

The post You can now buy RavenCoin, the token that gained 10% in 24 hours: here’s where appeared first on Coin Journal.

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FTX CEO says regulatory clarity could herald a “tidal wave” of institutional crypto adoption

  • Regulatory clarity and institutional adoption are areas of note for the crypto space in 2022, says the FTX chief executive Sam Bnakman-Fried.

  • FTX CEO says the industry should expect the first batch of crypto regulation this year.

Sam Bankman-Fried, the CEO of cryptocurrency exchange FTX, has said that the crypto space could see an explosion in institutional investments in 2022, citing the potential for more clarity in the regulatory climate in the US and across the globe.

Although he sees the “first batch” of crypto regulations out this year, Bankman-Fried says the industry should not expect so much movement around the topic.

The FTX boss says that a lot of what happened in 2021 was just “preparatory” work, adding that he doesn’t think there will be loads of activity. But he is “optimistic” that institutional investors will be ready if the regulatory climate is conducive for them to make a splash.

„I do think that there’s going to be a lot happening this year. We’ve already seen what happened last year,” he said, adding that “a lot of that has been preparatory.“

A long march to institutional crypto adoption

Bankman-Fried told Bloomberg in an interview that should major institutional players see a move towards clear oversight and regulation, the amount of investment that could come into crypto would be in a “tidal wave.”

Yet, he feels that the much anticipated global institution adoption of crypto might not happen in a swoop this year. Just like with the move towards global regulation, he believes it’ll take time for widespread mainstream adoption of cryptocurrencies on Wall Street.

According to him, this whole process could span a few more years even as the market grows.

„It’s going to be a long process, probably stretched out over a few years,“ the FTX chief noted.

On the question of who it is in the investment world, he sees getting onto the crypto bandwagon in 2022 and beyond, Bankman-Fried pointed to  “every large bank, every large investment bank, [and] pension funds,” He noted all these players have explored the crypto sector.

The FTX CEO also talked about metaverse and non-fungible tokens (NFTs), sectors that have Big Tech and Wall Street buzzing. These were breakout technologies in 2021 and Bankman-Fried believes they could be key components of the Web 3.0 space.

Sam Bankman-Fried also talked about the issue of crypto regulation in December, emphasising the need for proper oversight that promotes the industry. He told CNBC’s “Mad Money” show :

“Let’s make sure that the regulatory oversight that needs to be there is there and oversight that doesn’t make sense isn’t gumming the industry,”

It’s a call many within the crypto space have made, with countries such as the US, UK, and India showing signs and intent in 2021.

The post FTX CEO says regulatory clarity could herald a “tidal wave” of institutional crypto adoption appeared first on Coin Journal.