Kategorie: Crypto News

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Dogecoin surging on acceptance as Tesla merch payment: top places to buy Dogecoin

Early on the morning of January 14, Tesla started accepting Dogecoin as payment for some of its products in its online shop. Dogecoin has been gaining on this news for the last few days. 

This short guide has everything you need to know about Dogecoin, including where the best deals on Dogecoin are at the moment.  

Top places to buy Dogecoin now

eToro

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CAPEX

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What is Dogecoin?

Dogecoin was created as the friendlier and more approachable analog to Bitcoin. That isn’t the only difference; it also differs from Bitcoin’s proof-of-work protocol in its use of Scrypt technology.

Dogecoin has a block time of 1 minute and the total supply is uncapped, which means that there is no limit to the number of Dogecoin that can be mined. You can mine Dogecoin either solo or by joining a mining pool.

A Doge miner can mine the digital currency on Windows, Mac or Linux, or with a GPU. As of 2014, you can also mine Litecoin in the same process of mining Dogecoin, as the processes were merged.

Should I buy Dogecoin today?

Dogecoin is the most valuable meme coin, but still a meme coin and prone to extreme price fluctuations as such. A simple tweet from a crypto meme lord like Musk can impact its value. Before you decide to invest in it, study the market and be prepared for the unexpected.

Dogecoin price prediction

Crowd Wisdom recommends buying now. They expect Dogecoin to trade in the range of $0.16 and $0.20 in the next few hours. Their current outlook is positive. This year, Dogecoin will change hands for at least $0.08 and a maximum of $1.    

Dogecoin on social media

The post Dogecoin surging on acceptance as Tesla merch payment: top places to buy Dogecoin appeared first on Coin Journal.

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Where to buy PolySwarm, the token of the popular cybersecurity company

PolySwarm is one of today’s biggest gainers, having added 65% to its value in the last 24 hours. Its current market rank by market cap is 295 with a 24-hour trading volume of just over $84 million. 

This article will give you all the details about PolySwarm, if it’s worth investing in, and the best places to buy PolySwarm tokens.  

Top places to buy PolySwarm now

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

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

What is PolySwarm?

PolySwarm (NCT) is a cybersecurity company that helps users, enterprises and corporate security teams detect and gather intelligence on new and emerging malware.

PolySwarm crowdsources competing security software from antivirus companies and specialized security experts to expand large enterprises’ coverage and protection against cyber threats.

Suppliers are economically rewarded based on accuracy. Rewards are in PolySwarm’s token Nectar (NCT), which runs on the Ethereum blockchain.

Should I buy PolySwarm today?

PolySwarm can be a lucrative investment, but it’s prone to unexpected price swings. Do research on the company issuing it and read analyses of the coin’s price movements before you decide to invest in it.

PolySwarm price prediction

Wallet Investor has a negative outlook on PolySwarm. They believe Nectar can be a bad, high-risk one-year investment option. Its price will not increase, so an investment made now may be devalued in the future.   

PolySwarm on social media

The post Where to buy PolySwarm, the token of the popular cybersecurity company appeared first on Coin Journal.

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Here are the top places to buy Allbridge now: your hows and whys answered

Allbridge is a unique digital asset because it uses on-chain consensus, which provides stability and overall system transparency. It is a small asset ranking under #3741 by market cap, but it’s rising in the ranks quickly. 

If you want to know more about Allbridge, including whether it’s a good investment and whether you should buy Allbridge now, you’re about to.

Top places to buy Allbridge now

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

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

What is Allbridge?

The creators of Allbridge describe it as a simple, modern, and reliable way to transfer assets between blockchain networks. They plan for the asset to evolve into a DAO-style multi-chain hub, creating links between EVM and non-EVM networks.

Why is Allbridge unique? Typically, a bridge consists of a smart contract, a network of oracles, and a smart contract on the destination blockchain used to accept the input from active oracles and mint new tokens to the recipients.

However, the creators of this token find that oracle (or validator) consensus should be reached on-chain. Every validator transaction can be verified with the help of a regular block explorer, and, if something goes wrong, it can be identified immediately.

The ecosystem will implement a separate block explorer to monitor bridge transfers.

Should I buy Allbridge today?

Read the following price prediction and a few others before committing to an investment in Allbridge. Never take price predictions at face value, however.   

Allbridge price prediction

Digital Coin Price has a positive outlook. They forecast it will trade for at least $16.23 in the future and for $17.81 at most. The price of 1 Allbridge might go up to $6.9 in one year. It is trading for around $4 at the moment.   

Allbridge on social media

The post Here are the top places to buy Allbridge now: your hows and whys answered appeared first on Coin Journal.

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Litecoin (LTC) remains firmly in the bear market despite recent gains – Should you still buy it?

Litecoin (LTC) has been rebounding steadily over the last few days. The altcoin has in fact surged by 4% over the last week, paring some of the losses we saw during the market-wide slump. But even with these bullish signs, LTC is still firmly in the bear market territory and could remain there for a while. But should you still buy it? Here are some highlights first:

  • Although LTC has surged above its 25- and 50-day exponential moving averages, it is still well below its 200-day EMA.

  • Broader sentiment in crypto is yet to rebound steadily, something that poses a huge downside risk for LTC.

  • Litecoin must surge past crucial resistance of $150 if any sustained bullish uptrend is seen in the near term.

Data Source: Tradingview.com 

Litecoin (LTC) – Price prediction and analysis

Litecoin (LTC) has shown some resilience this week. The coin in fact managed to pull up from its six-month lows of $120 and add some daylight in between, trading at around $140 at the time of writing. 

The altcoin has also seen gains of about 4% over the past 7 days. Although this may seem like a bullish trend, it’s still early to bet on LTC. 

First, the coin is well below its 200-day EMA of around $150. Analysts note that any bullish surge can only come once LTC surges past that. If indeed that happens, it is conceivable that the coin could go to $170.

Why you should buy Litecoin (LTC)

Even with current price pressure, Litecoin (LTC) has always been a decent buy. The altcoin is still one of the best performing coins inside the top 10 and could still deliver more value in the long term. It is one of those must-have crypto assets for any serious investor looking to unlock long term value.

The post Litecoin (LTC) remains firmly in the bear market despite recent gains – Should you still buy it? appeared first on Coin Journal.

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Uniswap (UNI) sees price consolidation with a 20% upswing now possible

Uniswap (UNI) is starting to see some price consolidation after the tempestuous last few days. The coin in fact looks poised for an uptrend that could deliver a 20% upswing in the near term. As sentiment in the market improves, we could see a sustained UNI bullish breakout albeit there are still some risks. Here are some key highlights:

  • Over the last few days, Uniswap (UNI) has been consolidating around its $14 weekly support, suggesting it could breakout.

  • The token has also managed to recover some of the losses reported last week during the market-wide crypto slump.

  • We expect UNI to retest the $18 mark, something that could deliver an upside of 20% in the coming days.

Data Source: Tradingview.com 

Uniswap (UNI) – Price prediction and analysis

Over the last few days, we have seen Uniswap (UNI) bounce off its $14 weekly support. The coin is strongly consolidating around this price, and while we are yet to see a decisive breakout, it is likely going to happen within days. 

In fact, at the time of writing, Uniswap (UNI) had surged past the $16 mark albeit it was down about 1% in 24 hours. The next rally is likely to push the coin above $18 and could easily break into $19 territory as a result. 

For this reason, investors are looking at a possible upswing of at least 20%. Despite this, UNI must hold above the weekly support of $14 for any decent uptrend to occur.

Should you buy Uniswap (UNI)

The answer is yes. Uniswap (UNI) is a decent crypto asset and a good bet for long-term investors. But even for short-term speculative traders, UNI appears well on course towards decent gains in the near term. You could enter right now and ride the wave to $18 before locking in profits.

The post Uniswap (UNI) sees price consolidation with a 20% upswing now possible appeared first on Coin Journal.