Kategorie: Crypto News

Daily crypto headlines and news about bitcoin, ether, ripple, solana, altcoins, nft, market, business, analysis, nft, metaverse, minting and mining.
Veröffentlicht am

vEmpire DDAO introduces staking in ApeCoin

vEmpire DDAO, the global NFT investment organization, GameFi platform, and metaverse, has introduced staking for the ApeCoin cryptocurrency. The yield on staking starts in triple digits, CoinJournal learned from a press release.

Growing the number and range of use cases

Previously, ApeCoin could only be used for purposes related to governance, giving holders the right to vote on ApeCoin ecosystem fund distribution and allowing them a say in matters related to the ApeCoin DAO.

Now that an APE staking pool has been launched, ApeCoin holders can earn interest while obtaining greater exposure to the ecosystem throughout the year.

Rendering holdings productive

With each APE staked, vEmpire will buy additional assets based on APE and play games within the ApeCoin ecosystem. This will make investors’ APE holdings productive, enabling them to generate passive income.

vEmpire CEO Dominic Ryder said:  

Enabling our community to stake $APE is something that we believe will be groundbreaking. It enables investors to earn financial rewards on their $APE holdings in ways that even ApeCoin doesn’t have native functionality for. This will help contribute to making the investment in Metaverse assets more accessible, rewarding, and productive. The launch of the ApeCoin itself is revolutionary. However, being able to earn passive income on the ApeCoin before most others in the industry is what we believe will attract investors the most. vEmpire is committed to offering the best investment opportunities to not only our community but the wider Metaverse & NFT communities too. This is just one of many more exciting staking pools coming this year.  

About ApeCoin

ApeCoin is an ERC-20 utility and governance token deployed within the wider ApeCoin ecosystem, which has undergone huge growth since its launch on March 17. The coin quickly soared to #45 by market cap.

At the time of writing, APE was trading for $12.82 with a 24-hour trading volume of $842 million. ApeCoin is down 7.49% today.  

 

The post vEmpire DDAO introduces staking in ApeCoin appeared first on Coin Journal.

Veröffentlicht am

Skale Network token flies into top 100: top places to buy SKL

Skale Network’s token SKL rallied yesterday, entering the top 100 crypto coins by market cap. It currently ranks 89th and has added more than a fifth to its value today.

One reason is increased interest in the blockchain from developers. Yesterday, Skale announced that CLET Name Service would be launching on the platform.

Look no further than this short article for all the details on SKL: what it is, is it worth investing in, and the best places to buy SKL.

Top places to buy SKL now

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

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

What is SKL?

SKALE describes itself as an elastic ecosystem aiming to improve Ethereum scalability. It also intends to reduce payment costs and latency and boost transaction capacity.

The project wants to make building and running dApps possible in a decentralized modular cloud that can be tailored to individual, real-world requirements. It also places an emphasis on security.

Developers building on SKL can perform Solidity smart contracts multiple times faster at a fraction of the cost on the Ethereum Mainnet. Some content streaming services and games are already taking advantage.  

Should I buy SKL today?

Nothing can substitute doing your own research. Any investment decision you make should be based on your market expertise, your attitude to risk, and the features and spread of your portfolio. Also consider how you would feel about losing money.  

SKL price prediction

CryptoNewsz makes a positive short-term prediction. SKL will go up to at least $0.42 this year. The minimum price of SKALE Network’s token in 2023 is expected to be $0.50. The maximum SKL price is anticipated at $0.57 next year.

SKL on social media

The post Skale Network token flies into top 100: top places to buy SKL appeared first on Coin Journal.

Veröffentlicht am

Top cryptocurrencies that are facing major corrections right now

The last week of March has probably been one of the best for crypto this year. Coins have been on the rise and it seems the momentum is not about to slow down. But as with every strong uptrend, corrections are indeed inevitable. Here is why we think a pullback is coming:

  • Bitcoin and other major caps have stagnated after the recent uptrend

  • Short-term buyers have largely driven this surge and will take profit at some point.

  • It seems like the continued rise was seen in the last two weeks has lost strength.

There will however be coins that will face major corrections than others. We have created a list here to check out:

PancakeSwap (CAKE)

PancakeSwap (CAKE) has actually surprised many analysts with its recent uptrend. The coin did not seem like it hard any buyer demand but has somehow managed to pull up in the market. CAKE has now added at least 30% to its value over the last week. 

Data Source: Tradingview 

But looking at the price action today, CAKE has slowed in fact, even though the coin has reported modest gains, it has failed to overcome overhead resistance. We expect a small correction to follow in the days ahead.

Skale Network (SKALE)

Skale Network (SKALE) was also another major surprise. The coin was just teetering, and all of a sudden, it shot up from nowhere. SKL has now gained 112% in the last week, with 35% of that coming in the last 24 hours. The token will likely add more gains before it finally corrects in the near term.

IOST (IOST)

IOST (IOST) has also pushed its uptrend to a whole new level, adding around 80% in gains over the last seven days. But even though the coin doesn’t seem like it’s about to slow down, at some point bullish momentum will die. This may in fact happen sooner than you think.

The post Top cryptocurrencies that are facing major corrections right now appeared first on Coin Journal.

Veröffentlicht am

Hunting for microcaps? Top 3 coins with less than $50 million in market cap

One of the best strategies to grow your capital from crypto would be to find low-cap coins that have so much potential. Coins below the $50 million mark in market capitalization are in particular, quite good and here is why:

  • Microcap coins tend to have so much room to expand

  • Demand for promising microcaps will always be high among investors

  • Small-cap projects tend to be new and often under the radar

So, if you are looking for the next big project with a small market cap today, we have listed three coins below that you can consider:

Numbers Protocol (NUM)

It seems like in recent years, everything has been going toward the blockchain. But very few projects have come up to create a decentralized photo network where artist and creators can share their work securely. 

Data Source: Tradingview 

The Numbers Protocol (NUM) is trying to address this problem by providing the infrastructure needed. With the increased popularity of NFTs, NUM could see major gains and its market cap remains at just $38 million.

Gods Unchained (GOD)

GameFi is also one area of the blockchain industry that is worth looking at. There have been many games, some of which have gone on to make huge money. Gods Unchained (GOD) appears to have that kind of potential. It’s a free-to-play card game that allows users to earn crypto rewards in the process. The project has a market cap of $35 million.

Cream Finance (CREAM)

Cream Finance (CREAM) is a lending protocol designed to offer crypto-backed loans to people around the world. There are many lending protocols of course but CREAM is trying to offer users better terms and easy access to collateralized loans. With a market cap of just $14 million, you could unlock a lot of future potential with this coin.

The post Hunting for microcaps? Top 3 coins with less than $50 million in market cap appeared first on Coin Journal.

Veröffentlicht am

Top 3 crypto coins to buy before the market gets bullish once again

There are now signs that the crypto market is on a path toward full recovery. After a terrible start in 2022, a lot of coins in the market have started to show positive momentum. We are at the beginning stages of a crypto rally in the coming weeks, and here is why:

  • Investor sentiment around major coins has improved massively.

  • We have seen most coins gain important momentum in the last few weeks.

  • Inflationary pressure and risky equities are pushing investors towards crypto.

So, if you have been waiting for this bull run for some time, there are a few coins that would be worth getting. Here they are:

Cardano (ADA)

Over the last week, Cardano (ADA) has been on fire. The coin has established this strong uptrend and has managed to cross past several crucial indicators. Although the coin slowed a bit over the last few days, the overall outlook remains very positive. 

Data Source: Tradingview 

We expect ADA to continue the upward ascend in the days ahead. It is therefore a great buy for bulls who want to ride this momentum and cash in some profits.

Near Protocol (NEAR)

We have seen NEAR slow down even as other coins in the market rise. The coin has however managed to pick up some momentum and has since crossed past various crucial resistance zones. The only way for NEAR is up right now. As sentiment improves in the market and investors pour more capital into crypto, you can expect some positive price action from NEAR.

Internet Computer (ICP)

Despite gaining 20% over the last 7 days, ICP has also been quite slow compared to the rest of the market. We expect this to shift in the days ahead, with more gains coming in Q2. ICP has the potential to deliver at least 30% in the next bull run.

The post Top 3 crypto coins to buy before the market gets bullish once again appeared first on Coin Journal.