Kategorie: Crypto News

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UK law firm accepts Bitcoin, Ethereum, Cardano and other crypto

British law firm Gunnercooke accepts payments in most major cryptocurrencies for their services. Those in need of legal help can now get the help they need with payments in Bitcoin, Ethereum, Dogecoin or Cardano.

CoinPass helps law firm

The law firm is working with crypto exchange CoinPass to accept these payments. CoinPass meets all the requirements of the British regulators, for example they have a registration with the Financial Conduct Authority (FCA). Without this registration, crypto companies aren’t permitted to offer financial services in the United Kingdom, something Binance experienced first hand in the past.

Jeff Hancock, Coinpass CEO: “The CoinPass team is proud to be Gunnercooke’s crypto exchange partner. We are especially excited to be partnering with an organization that has ambitions to advance blockchain and crypto in the UK.”

Familiar with crypto industry

Gunnercooke writes in their press release that this shift doesn’t come out of the blue. The decision to accept crypto has to do with demand from the customer base; they represent “about 100 cryptocurrency developers, platforms, and exchanges.” The cryptocurrency strike company Attestant is the first to pay Gunnercooke in crypto for legal advice.

First transaction in Ethereum

A little more details about this first crypto transaction: according to Gunnercooke, Attestant paid in ether. The press release states that Gunnenrcooke advises Attestant on a range of legal and regulatory matters related to strike action.

Robert Olsen, CCO of Attestant: “Attestant is pleased to make this first crypto asset payment in Ether to Gunnercooke. We believe that accepting crypto payments will cement their position as the UK’s premier digital asset law firm. The company has been a trusted and valued partner in our journey from a start-up to a thriving business, and we look forward to working with them for many years to come.”

A first for the UK

There are already a number of lawyers in the United States that accept crypto, however Gunnercooke’s chief financial officer Naseer Patel states they are the first firm to make crypto payments possible in the United Kingdom.

“Until now, only a few US law firms allow payments through crypto assets, so we are proud to be at the forefront of innovation in the UK. We will now be able to work with a wider variety of clients in different jurisdictions, and give our partners the flexibility to get paid securely in the way they choose.”

On the way to mass adaptation

According to Gunnercooke, their move to adapt crypto as a means of payment isn’t a gimmick and certainly not a marketing ploy. They expect that more and more sectors will accept cryptocurrencies and that in the coming decades, it will become increasingly common to use crypto for everyday payments.

Gunnercooke’s interested in crypto doesn’t come as a surprise. Twice a week they release a podcast, and these are mostly about crypto and associated regulations. In their recent episode, the difference with the mainstream financial world is discussed, and the hosts discuss the role of billionaires on the crypto landscape.

 

 

The post UK law firm accepts Bitcoin, Ethereum, Cardano and other crypto appeared first on Coin Journal.

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Market highlights February 24: Five of the top 10 cryptos dropped by double digits

Crypto assets were trending downward on Wednesday night, but when Russia began attacking Ukraine on Thursday morning, they took a dive even further.

US stocks went into freefall yesterday as tensions in Ukraine intensified. The SPX500 (-2.25%), DJ30 (-1.69%) and NASDAQ100 (-3.1%) all finished heavily in the red as investors fled for safe-haven assets.

The BEA will publicize preliminary GDP data for the fourth quarter of 2021 at 13:30 GMT, which may generate volatility in the markets.

Oil surged past $97 this morning as Russia began attacking Ukraine.

Top cryptos

Most coins in the top 20 lost around a tenth of their value on average. Five of the top 10 cryptos dropped by double digits over the past 24 hours: Cardano more than 15%, Avalanche 14%, Ethereum and BNB 12%, and XRP more than 11%.

Bitcoin was trading under $35,000 at time of writing, down more than 8% in the past day. Outside the top 10, Dogecoin, Polkadot, and Polygon lost more than 15%.

Top movers

The situation looks even worse outside the top 20, where the minimal loss suffered by a cryptocurrency is around 8%. Chainlink is down by more than 17% and Fantom, The Graph, Gala, and Elrond each lost 18%.

VeChain and AAVE have lost almost 17%. Theta Network, Harmony, Enjin Coin, Curve DAO Token, and Loopring each shed 19% of their value on news that Putin declared war on Ukraine.

PancakeSwap’s losses are just under 18%. Kadena has lost between 19-20% and Mina is down 20%. The biggest loser is Convex Finance, which shed almost a quarter of its value.

Trending

Unifty provides Contracts-as-a-Service solutions to enable digital artists and collectible issuers to create their own contracts for different purposes without coding knowledge. The token added 82% to its value in the last 24 hours.

Amid the gloom and doom, ACCEL is rallying on news of a Binance listing scheduled for today. The token has gained more than 18% in the last 24 hours. It is a multi-utility asset that claims to bring several real-world utilities to the crypto space.

  

The post Market highlights February 24: Five of the top 10 cryptos dropped by double digits appeared first on Coin Journal.

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ACCEL is up 18% in 24 hours: here’s where to buy ACCEL today

Dopex (DPX) represented by a globe & crypto coins

The live ACCEL price today is $0.05 with a 24-hour trading volume of just over a million. It’s rallying on news of a Binance listing to take place today, gaining 18.32% in the last 24 hours. If you are attracted to unique features and want to learn how and where to buy ACCEL, this guide is for you.

Top places to buy ACCEL now

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

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

What is ACCEL?

ACCEL is a multi-utility token that brings several real-world utilities to the crypto space including an escrow payment application, a decentralized exchange trading application, and P2E game development.

In addition, ACCEL’s Launchpad offers developers a safe and effective place to launch their own projects from while utilizing ACCEL’s safe, in-house developed smart contracts.

ACCEL is creating the first ever DAO-based educational crypto community: ACCEL University. ACCEL University is a database and community that offers investors resources and tools to support their crypto experience.

Should I buy ACCEL 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.

ACCEL price prediction

Analysts Price Prediction are bullish on this token. They predict it will trade for at least $0.088 next year, but it could go up to $0.10.

In 2024, the price of ACCEL will be at a minimum of $0.13 and a maximum of $0.15. The price of 1 ACCEL is expected to reach at least $0.19 in 2025.

ACCEL on social media

The post ACCEL is up 18% in 24 hours: here’s where to buy ACCEL today appeared first on Coin Journal.

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Top 3 Coins to Stake on Binance

Binance makes it easy to stake and offers some of the highest yields on the market, meaning there are plenty of passive income opportunities available on the platform. 

We’ve compiled the best coins to stake on Binance right now, as well as a quick guide on how to start earning interest on your coins.

How to Stake on Binance in 3 Simple Steps

Staking on Binance is simple, meaning you can put your crypto to work and start earning passive income in just a few minutes. Here are the steps you need to take.

1. Sign up and fund your account. Register for a Binance account and verify your identity by uploading some photo ID and proof of address. Next, make a deposit using your preferred payment method.

2. Buy the coin you want to stake. Search for your chosen coin in the ‘Markets’ section. Enter the amount you wish to buy and complete the trade. 

3. Stake your tokens. In the ‘Earn’ section of the site, select ‘Staking’. Search for your chosen coin and select a staking period—the longer you stake, the higher the returns. 

Start staking on Binance now


Now you know how to get started, take a look at our top picks for staking on Binance.

1. Solana (SOL)

Binance currently offers yields way above the market rate for Solana stakers. Locking up SOL for 30 days will give you an annualised return of 9.28%, and stakers can get as much as 13.21% with a 90-day lock up period. 

Solana has often outshone Bitcoin and Ethereum in this bull run, and with SOL currently in a dip, investors who buy now could benefit from both staking yields and further price surges. 

You can buy and stake Solana on Binance now, or alternatively, check out our in-depth Solana buying guide.

2. Terra (LUNA)

Terra stakers can earn an APY of 18.29% if they lock up their LUNA for 90 days. This makes LUNA staking on Binance one of the most lucrative passive income options across all mainstream coins.

Annualised returns of nearly 20% are extremely rare for a coin in the top ten, so passive income hunters will want to consider this staking opportunity. 

Start now by buying and staking Terra on Binance. Alternatively, you can read our Terra buying guide for more info.

3. Avalanche (AVAX)

Buy and stake AVAX on Binance to earn up to 21.2% annualised yield (90-day lock up). Even the shortest staking period (30 days) gives stakers an APY of 12.3%. 

These interest rates dwarf those offered by traditional savings accounts. Given that AVAX is also an increasingly popular token, it could also increase in price on top of these impressive rates.

Sign up with Binance to start staking today. If you want more information, you can read our guide on how to buy Avalanche before making a purchase.

All price data and yields correct at the time of writing, as per Binance.

The post Top 3 Coins to Stake on Binance appeared first on Coin Journal.

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Investing $100 in crypto: The best tokens to consider

The crypto industry has made people rich literally overnight. It’s the only market that can deliver 100x growth in just a few months and as such, a lot of people are trying to get in on the action. But what if you just have $100 to invest? Well, here are some tips:

  • Focus more on microcaps that have the potential to grow further.

  • Play out the volatility in the market and build more capital for long-term investing.

  • Keep your expectations tempered to avoid costly mistakes.

So, with the tips above, the next thing would be to give you a full list of top crypto projects that you can consider with $100. Here they are:

UFO Gaming (UFO)

Play-to-earn blockchain games are heating up right now with the anticipation of the metaverse. Some projects like Axie Infinity have in fact gone on to grow massively in recent years. 

Data Source: Tradingview 

There is still so much potential in blockchain gaming, and UFO Gaming (UFO) offers you the perfect chance to grow your money. The coin is also a small microcap with a total market capitalization of around $270 million. It was also trading at $0.000009576 at the time of writing this post.

Telos (TLOS)

There is also a rush towards Ethereum scaling solutions. Some projects like Polygon and Solana have received so much media coverage and quite rightly so. They are all exciting. But Telos (TLOS) is also one project that should be worth watching. It offers high scalability and amazing speeds, comparable to even Solana. It has a market cap of $282 million, so there is more room to run.

WazirX (WRX)

India is seen by many crypto experts as one of the most crucial markets for the growth of crypto in the future. WazirX (WRX) is the biggest exchange in the country and could become even bigger as more Indians get into the cryptocurrency market. WRX has a market cap of $199 million, so you can imagine the potential there.

The post Investing $100 in crypto: The best tokens to consider appeared first on Coin Journal.