Metacade signs terms to list on BitMart

  • Metacade is expected to list on BitMart after signing the listing terms.
  • Metacade presale is currently in the Beta Sale stage.
  • The Beta round price of the MCADE token is 0.01 USDT for 1 MCADE.

After a successful Metacade (MCADE) presale amid the current crypto bear market, Metacade has today announced that it has signed the terms to get listed on BitMart, a leading crypto exchange ranked at position 21 by CoinMarketCap with an average daily trading volume of about $447M.

If the listing process is to be completed successfully, BitMart will be among the first cryptocurrency exchanges to allow its customers to trade the decentralized GameFi token that has been making headlines in the past month.

MCADE token performance so far

Before delving into the performance of the Metacade (MCADE) token, it is important to mention that Metacade is disrupting the crypto market as we know it by creating a decentralized GameFi hub that will bring everything related to Play-to-Earn (P2E) on one platform. P2E games have been such a hit within the blockchain and crypto world, which is likely the reason behind the great performance of the MCADE token at a time when even the likes of Bitcoin (BTC) and Ethereum (ETH) are struggling.

The MCADE token is currently in the Beta presale round and 54% of the available MCADE tokens have already been sold out raising a whopping $1,340,966. One MCADE token is going for 0.01 USDT and the price is expected to rise to 0.012 USDT for one MCADE token in the next stage.

The next phase for Metacade is expected to be highly exciting as gamers and blockchain fanatics collaborate, communicate, and participate in things like dynamic virtual hangouts on the platform.

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Bitcoin versus Ethereum: Which one should you buy when the bull market returns

  • Bitcoin and Ethereum rank #1 and #2, respectively by market cap

  • Bitcoin is a digital version of currency while Ethereum powers smart contracts

  • Both cryptocurrencies are attractive in a bull market

Bitcoin and Ethereum rank as the biggest cryptocurrencies. To an investor, deciding which one to buy can be confusing. However, it should be easy if you understand the role that each plays in the crypto evolution. 

Bitcoin (BTC)

Think of Bitcoin (BTC/USD) as a digital version of your local currency. The biggest cryptocurrency is, however, different since it is based on a peer-to-peer network. It is decentralised, hence distinct from the conventional currencies, which are controlled by states and national central banks.

As money evolves and digitisation takes over, Bitcoin could become the new form of money. That will see it become a means of payment and a store of value. 

Invented in 2009, BTC has immensely grown in value. In 2021, the cryptocurrency tapped an all-time high of above $68,000. That compares to a price of just $500 in 2016 before the cryptocurrency embarked on a sustained surge. Bitcoin now trades above $16,000 after a sustained bear market this year.

Where to buy BTC

eToro

eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.

Buy BTC with eToro today

OKX

OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.

Buy BTC with OKX today

Ethereum (ETH)

Ranked as the second largest cryptocurrency, Ethereum (ETH) is viewed as the epitome of smart contracts. Like Bitcoin, Ethereum is decentralised and acts as a store of value, means of payment, and collateral.

Nonetheless, unlike Bitcoin, which is a dedicated form of digital money, Ethereum aims to power smart contracts, dApps, NFTs, and DeFi. It is also relatively newer compared to Bitcoin since it was created in 2015.

Ethereum price also had its fair share of strengths, reaching nearly $4,800 in 2021. Ethereum traded at less than $10 in 2016 before the start of a sustained climb. It now trades at $1,200 in a bear market. Investors anticipate that a recent move from proof of work consensus to proof of stake could power Ethereum to previous heights when the bull market returns.

Where to buy ETH

eToro

eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.

Buy ETH with eToro today

OKX

OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.

Buy ETH with OKX today

Final verdict

Bitcoin and Ethereum are very strong cryptocurrencies. Their price movement is almost similar, making it difficult to choose one over another. The selection of which cryptocurrency to invest in depends on what you like about each. The technical outlook and fundamentals emerging from each can also help when making a decision.

The post Bitcoin versus Ethereum: Which one should you buy when the bull market returns appeared first on CoinJournal.

Helium token jumps 36%. Is this a bull trap?

  • Helium token rose by 36% on Thursday before correcting

  • Helium powers IoT devices through its “hotspots”

  • The cryptocurrency remains on a clear downtrend

A few cryptocurrencies embarked on relief rallies on Thursday, although a low-cap coin was among the top gainers. Helium (HNT/USD), a cryptocurrency ranked #91 by market cap, rose by 36% before shedding nearly half of the gains by Friday. In an exceedingly bearish crypto market, the small-cap token warranted investors’ attention. What is it?

Helium is a blockchain-powered network that was created in July 2019. It is made to power Internet of Things devices. For instance, it enables wireless devices to communicate and share data through its nodes or “hotspots.” The network also lets users profitably earn by sharing their broadband.

You would be forgiven for thinking that Helium is less used. Companies that use the IoT technology service of Helium include Abeeway, Agulus, and Airly. The network has been witnessing increasing growth and now connects nearly 1,000k hotspots. In September, Helium announced a migration to Solana to grow its ecosystem. That was after more than 6,000 members voted in favour. The goal of moving to Solana was inspired by the need to cut reliance entirely on its network.

While Helium token price could be earning boosts from the recent changes, the price is unconvincing. Trading at just $2.0, HNT remains on a clear downtrend. The cryptocurrency has lost 96% of value since its $57 all-time high price in November 2021. The cryptocurrency faces resistance at the 50-day MA.

Helium token rejected at the 50-day MA

HNT/USD Chart by TradingView

Helium outlook shows the price coming under pressure as it touched the 50-day MA. From the volume indicators, a price spike happened at $1.6, indicating that buyers were very active. The cryptocurrency traded with an intraday 1,500% jump in volumes at the bottom price.

What next for HNT?

Despite the intraday gains, HNT price lacks a clear path to recovery as the trend is still bearish. The gains could be a bull trap, especially after getting rejected at the moving averages.

Where to buy HNT

Binance

Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.

Buy HNT with Binance today

Vindax

VinDAX Exchange has been live for cryptocurrency trading for global users since March 2019. VinDAX focuses on providing exchange services for digital cryptocurrency transcations with high security level, excellent efficiency and well-optmized trading fee.

Buy HNT with Vindax today

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Bitcoin struggles but Okcoin CEO thinks 3 catalysts will make it bullish

  • Bitcoin has steadied above $16,000

  • Okcoin CEO expects Bitcoin’s bear market to be driven by key developments

  • The cryptocurrency could come under pressure after falling below moving averages

No Santa Claus rally for Bitcoin (BTC/USD) lovers? This is the clearest sign as the BTC price crashed below the moving averages. Despite bulls successfully defending $16,000, Bitcoin is far away from a bullish market. However, the CEO of the crypto exchange Okcoin is throwing insights on what to look at for a bullish Bitcoin movement.

Hong Fang opines that the need for strong monetary systems would drive Bitcoin and crypto. According to the Okcoin CEO, the failures and shortcomings of the existing centralised currency systems could spur bullish markets. Already, a few countries are testing their monetary systems with Bitcoin and crypto. The notable ones in this pack are El Salvador and the Central African Republic. Will more countries join? Fang thinks so.

The second event is the Bitcoin halving event in 2024. Fang wonders whether it is coincidental that past halving events have been associated with bullish crypto markets. In this regard, he expects the next cycle to be associated with a bullish market for Bitcoin. 

Then there is the final and third bullish trigger – use cases. The CEO says a lot of projects continue to be created in crypto in a bear market. He expects the projects being created right now to be the next trigger of the bull cycle. 

From Okcoin CEO’s thoughts, it is clear that he refers to the BTC’s long-term focus. However, a technical outlook paints a different picture of the short term. 

BTC price outlook and analysis

BTC/USD Chart by TradingView

A technical outlook shows Bitcoin struggling after a slight descent. The moving averages are providing resistance to the BTC price. The RSI remains below the midpoint.

Is BTC set to touch lower prices?

Bitcoin lacks a directional movement. $16,000 is the price to watch, although the cryptocurrency has stabilised at this level. On the bullish side, $19,000 is the price ceiling. A recovery above could welcome further gains.

Where to buy BTC

eToro

eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.

Buy BTC with eToro today

OKX

OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.

Buy BTC with OKX today

The post Bitcoin struggles but Okcoin CEO thinks 3 catalysts will make it bullish appeared first on CoinJournal.

Crypto price prediction: Lisk (LSK), Metal Pay (MTL), Litentry (LIT)

Cryptocurrency prices recoiled this week as investors reflected on the actions of the Federal Reserve and the collapse of FTX. Bitcoin consolidated at $16,500 while other coins like ETH and LTC moved sideways. This consolidation even as American stocks, especially Tesla, plunged. Here are some of the top crypto price predictions for the weekend.

Lisk | LSK

Lisk is a blockchain project that provides developers with tools they need to build decentralized applications. Its Javascript SDK makes it possible for them to build interoperable sidechains. Lisk has several products, including Lisk Core, Lisk Service, and wallets. Lisk Core enables delegate forging and an API for developers while Lisk Service provides data to its UI clients.

Lisk crypto price rose slightly on Friday as investors bought the token’s dip. On the 4H chart, we see that the token’s price rose from this week’s low of $0.7236 to a high of $0.8665. It moved slightly above the important resistance point at $0.83332. 

The Relative Strength Index (RSI) is approaching the overbought level. Therefore, I suspect that the Lisk price will drop during the weekend and test the support of $0.7200.

LSK/USD chart by TradingView

How to buy Lisk

OKX

OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.

Buy LSK with OKX today

Binance

Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.

Buy LSK with Binance today

Metal Pay | MTL

Metal Pay is a fintech company that simplifies crypto payments. It describes itself as a Bitcoin-type of cryptocurrency with an interface of Venmo. The app makes it possible for people to pay and send money using cryptocurrencies. MTL is the native token for the ecosystem.

On Friday, the MTL price jumped sharply as investors accumulated the token. It rose to a high of $0.8, which was the highest level since December 21. However, as I wrote elsewhere, the main concern for Metal Pay is that its token can be viewed as a security. This means that it will likely get in trouble with American regulators. I suspect that the MTL crypto price will nosedive during the weekend to about $0.60.

MTL/USD chart by TradingView

How to buy Metal Pay

Binance

Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.

Buy MTL with Binance today

KuCoin

Kucoin is a cryptocurrency exchange which offers over 200 cryptocurrencies. Kucoin has a wide range of services, such as; a built-in peer-to-peer exchange, spot and margin trading, bank level security and a wide range of accepted payment methods. Users can benefit from a beginner-friendly interface and relatively low fees.

Buy MTL with KuCoin today

Litentry | LIT

Litentry is an upcoming Polkadot parachain that won slot #15 in the previous parachain auction. The platform provides decentralized aggregator services that enable user identity across multiple networks. As such, users can link their identities across industries like decentralized finance and on-chain governance. 

LIT price has done well in the past few trading sessions. It has risen from a low of $0.6560 on December 20. It has moved to a high of $0.7298, the highest level in a few weeks. It has crossed the 25-day and 50-day moving averages. Like Metal Pay and Lisk, I suspect that LIT price will drop during the Christmas weekend.

How to buy Litentry

Binance

Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.

Buy LIT with Binance today

Swapzone

Swapzone is a crypto exchange aggregator that operates as a gateway between the cryptocurrency community and exchange services. Swapzone aims to provide a convenient interface, safe user flow, and crystal-clear data for users to find the best exchange rates among the whole cryptocurrency market.

Buy LIT with Swapzone today

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