Market highlights January 3: Crypto goes mainstream, Wall Street has strong 2021

Major cryptos were relatively uneventful over the past 24 hours. 2021 saw billionaires, including Ray Dalio, Thomas Peterffy, and Paul Tudor Jones, who had dismissed crypto in the past, reveal that they were holding crypto assets. The past year also saw Bitcoin become legal tender in El Salvador. Pro Shares, the first US Bitcoin futures ETF, was launched. 

Top cryptos

Polkadot stood out gaining more than 2%, and Solana was down more than 2%. At time of writing, Bitcoin was trading under $47,000. The only major gainer in the top 20 was Uniswap, up around 8%.

Top movers

The biggest gainer in the top 100 is BORA, up almost 14% in the last 24 hours. Yearn.finance is a close second, having added 11% to its value in the last 24 hours at the time of writing. 

The live Ankr price today is $0.11 with a 24-hour trading volume of $181.7 million. The token has gained 10.68% today.

Aave is a decentralized finance protocol that allows people to lend and borrow crypto. It’s one of the big winners on the first workday of this year with gains of almost 9% today.

Helium (HNT) has been correcting a pullback since December 13. Analysts believe the coin is likely to set a new all-time high before the end of January. It’s up 5% in the last 24 h.

Trending

Flux reached a new ATH. The live Flux price today is $3.19 with a 24-hour trading volume of $180 million. Flux is up 25% in the last 24 hours.

PAPPAY, a cryptocurrency that can be used for digital purchases and payments on the internet, sustained its bullish momentum from 2021. It’s up 955% today.

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Making DeFi simple for investors: Here’s where to buy Yearn.finance

Yearn.finance is one of today’s biggest winners, having added 11% to its value in the last 24 hours at the time of writing. If you want to know what the most expensive crypto is, whether it’s a good investment, and some good places to buy Yearn.finance, we have all that for you and more in the present guide.       

Top places to buy Yearn.finance 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 YFI with eToro today

Capital.com

Capital.com offers investors an award winning trading platform that can access multiple financial markets including the new and exciting cryptocurrency market.

Buy YFI with Capital.com today

What is Yearn.finance?

Yearn.finance is an aggregator service for decentralized finance (DeFi) investors, using automation to allow them to maximize profits from yield farming.

Its goal is to simplify the ever-expanding DeFi space for investors who are not technically minded or who wish to interact in a less committal manner than serious traders.

Launched in February 2020, the service, formerly known as iEarn, has seen huge growth in recent months as new products debuted and developers released in-house token YFI.

Should I buy Yearn.finance today?

YFI price predictions should be perceived as the opinion of an expert. Don’t take any investment advice at face value. Over-reliance can be a risk to your finances. Exercise extreme caution when making any decision that affects them.     

Yearn.finance price prediction

Wallet Investor is quite bearish on the price of Yearn.finance. They believe it may drop from $40,073 (at present) to $25,000 in just a year, which comes to a loss of 38%. This makes YFI a bad near-term investment.      

Yearn.finance on social media

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You can now buy Bora, the coin that gained 14% today: Here’s where

The live BORA price today is $1.15 with a 24-hour trading volume of $469.8 million. BORA is up 13.92% in the last 24 hours. If you want to know where the best places to buy Bora now are, you’re about to find out.      

Top places to buy BORA now

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

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

What is BORA?

BORA is a DApp platform designed to solve current industry problems by distributing games and digital content and promoting user interaction using dual blockchain structure and proprietary token mechanism. The token of the platform is also known as BORA coin. BORA provides a solution that unlocks the value of digital assets on the blockchain.

The BORA platform has been designed using a modular architecture to allow independent blockchain implementation by content providers. This ensures that each service’s data and operations are guaranteed to work independently and without affecting other services on the platform. Meanwhile, users can take advantage of the various content services provided by the BORA ecosystem through a single unified experience.

Should I buy BORA today?

When reading BORA price predictions, don’t take them at face value. They are merely the opinion of an expert or insider. Take all investment advice with a grain of salt.    

BORA price prediction

Price Prediction forecasts 1 BORA will change hands for $16.24 in 2029. This is an increase of 1,600% in 7 years.    

BORA on social media

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Helium was one of 2021’s most successful tokens: you can buy HNT now

Helium (HNT) is a decentralized blockchain-powered network for Internet of Things (IoT) devices that launched in July 2019. It has gained around 5% today. If you want to know what Helium is, is it worth buying, and the top places to buy HNT today, look no farther than this short and highly informative article.     

Top places to buy HNT 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 HNT with Binance today

What is HNT?

Helium mainnet allows low-powered wireless devices to communicate with each other and send data across its network of nodes. Nodes come in the form of so-called Hotspots, which are a combination of a wireless gateway and a blockchain mining device. Users who operate nodes thus mine and earn rewards in Helium’s native cryptocurrency token, HNT.

Helium’s goal is to prepare IoT communication for the future, identifying inadequacies in current infrastructure from its birth in 2013.

Helium aims to improve the communication capabilities of wireless Internet of Things (IoT) devices. In 2013, infrastructure around IoT was still in its infancy, but developers wanted to add decentralization to their offering, hence referring to it as “The People’s Network” in official literature.

Its core appeal will be to device owners and those interested in the IoT space, with financial incentives providing further outreach possibilities.

The network runs on proof-of-coverage, a new consensus algorithm based on the HoneyBadger BFT protocol which allows nodes in a network to reach consensus when connection quality is highly variable.

Should I buy HNT today?

It’s extremely difficult, if not impossible to make an accurate price prediction for a cryptocurrency, including Helium. Read at least five predictions from renowned industry experts to make an informed decision and don’t buy more of this volatile currency than you can afford to lose.   

HNT price prediction

Most analysts are bullish on Helium. Based on its analysis of the past price performance, Wallet Investor predicted that HNT would reach $68 this year, up from $40 at the moment. They forecast it would reach $215 in 2027. Digital Coin Price supports the bullish view, expecting the coin to hit $60 this year. They see HNT rising to $70 by 2025 and to $155 in 2028.

HNT on social media

 

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The best under the radar Altcoins that you should swoop up

The crypto market today has a lot of assets to buy. Although most people are often familiar with the popular large-cap coins like Bitcoin, Ethereum and others, there are still a few newer, under-the-radar altcoins with significant potential. Here is why it is a good idea to buy under-the-radar coins:

  • First, under radar altcoins have low market caps and as such, they have significant upside potential.

  • In most cases, most altcoins gain in value as they become more mainstream so buying them early is crucial.

  • Also, these coins will increase in value once they become available in major exchanges.

Well, here are our main picks of the best under the radar altcoins that you can purchase and hold today:

Fantom (FTM)

Fantom (FTM) is not necessarily what you would call a new project or under the radar per se. If you are a crypto investor, chances are you have come across this token. But for all its potential, Fantom doesn’t really get the attention it deserves.

Data Source: Tradingview.com 

In fact, this is a token that could easily rank among the top ten cryptos by market cap in the near future. But it rarely gets the kind of coverage you’d associate with such a potentially high-growth coin. At the time of writing, Fantom (FTM) was selling at $2.28 with a market cap of around $5.7 billion.

The Ocean Protocol (OCEAN)

The Ocean Protocol (OCEAN) is a decentralised platform that allows you to sell your data to third parties. Big data is big business these days but sadly, it is controlled by a few Silicon Valley tech firms.

But Ocean Protocol (OCEAN) is trying to change that, and there is a lot of potentials when you consider the market cap is around $550 million. OCEAN could in fact surge in 2022, so keep an eye on that.

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