Kategorie: Crypto News

Daily crypto headlines and news about bitcoin, ether, ripple, solana, altcoins, nft, market, business, analysis, nft, metaverse, minting and mining.
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Where to buy Uniswap, which gained almost 14% today after whales bought the dip

As more and more large-scale investors bought the dip, coins like CRO and Uniswap began rising again. The live Uniswap price today is just under $20. Uniswap is up 13.68% in the last 24 hours. This quick guide explains what Uniswap is, if you should buy it, and the best places to do that if you choose.  

Top places to buy Uniswap now

eToro

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CAPEX

CAPEX.com is an awarded fintech brand, globally recognized for a strong presence in shaping the future of trading. The company focuses on making the markets more accessible & transforming the way people trade online.

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What is Uniswap?

Uniswap is a popular decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance (DeFi) tokens. An example of an automated market maker (AMM), Uniswap launched in November 2018, but has gained considerable popularity this year thanks to the DeFi phenomenon and associated surge in token trading.

Uniswap aims to keep token trading automated and completely open to anyone who holds tokens, while improving the efficiency of trading versus that on traditional exchanges.

Uniswap creates more efficiency by solving liquidity issues with automated solutions, avoiding the problems which plagued the first decentralized exchanges.

Should I buy Uniswap today?

Uniswap is very volatile like most cryptos. It sustained a long bear run recently and is beginning to regain value only now. Exercise great caution when making any decision that affects your finances. 

Uniswap price prediction

CoinQuora’s bearish market price prediction for 2021 for Uniswap was $14. In light of the current bullish trend, they believe it will reach $70 by the end of next year, even $75 in the first six months of 2022. Then the rise will taper off, but without major falls. In 2023, the price of Uniswap can go up to as much as $85.

Uniswap on social media

The post Where to buy Uniswap, which gained almost 14% today after whales bought the dip appeared first on Coin Journal.

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Where to buy Polkadot, the foundation protocol of Web 3.0

Polkadot is the tenth-largest cryptocurrency by market cap. It’s changing hands for $31.47 today with a 24-hour trading volume of $1.75 billion. Polkadot is one of the biggest top 10 winners with value growth of 7.33% in the last 24 hours. If you’re interested in unique features and want to know more about Polkadot, we wrote this guide just for you.

Top places to buy Polkadot 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.

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Capital.com

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

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What is Polkadot?

Polkadot is an open-source sharded multichain protocol that connects and secures a network of specialized blockchains, facilitating cross-chain transfer of any data or asset types, not just tokens, thereby allowing blockchains to be interoperable with each other. Polkadot was designed to provide a foundation for a decentralized internet of blockchains, also known as Web3.

Polkadot is known as a layer-0 metaprotocol because it underlies and describes a format for a network of layer 1 blockchains known as parachains (parallel chains). As a metaprotocol, Polkadot is also capable of autonomously and forklessly updating its own codebase via on-chain governance according to the will of its token holder community.

Polkadot provides a foundation to support a decentralized web, controlled by its users, and to simplify the creation of new applications, institutions and services.

Should I buy Polkadot today?

Never make any investment decisions lightly. Read analyses and price predictions and take all recommendations with a grain of salt.  

Polkadot price prediction

The DOT coin price prediction from Wallet Investor was bearish for the short-term, predicting that the price could average $25.73 by the start of 2022. Apparently, they were mistaken. Looking further ahead, they predicted it would climb to $51.4 by the end of 2022 and $129 by the end of 2025.

DigitalCoin’s Polkadot prediction estimated that the coin price could average $41.7 in 2022 and rise to $43.6 in 2023 and $52 in 2025. By 2028, DigitalCoin predicted DOT could trade at an average price of $114 with a peak at $119, Capital wrote.  

Polkadot on social media

The post Where to buy Polkadot, the foundation protocol of Web 3.0 appeared first on Coin Journal.

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Tezos (XTZ) reverses downtrend to establish bullish momentum – is it time to buy?

Tezos (XTZ) has seen a short-term decline over the last few months. The coin had in fact plummeted nearly 60% and was trading just around its bottom support of $3.85. But it seems Tezos (XTZ) has broken the downtrend, and after consolidating, the coin has surged over the last few days. But can it hold this momentum, and for how long? First, here are some important highlights:

  • After plummeting nearly 60%, Tezos (XTZ) has been surging in recent days. The coin was trading at $4.90 at the time of writing.

  • The daily Relative Strength Index or RSI also shows the coin on the neutral zone, suggesting buyer activity could start to pick up.

  • Tezos (XTZ) has managed to surge beyond its previous overhead resistance of $4.54, an indication a bullish uptrend is on.

Data source: Tradingview.com 

Tezos (XTZ) – price action and analysis

Like many altcoins in the wider crypto market, Tezos (XTZ) has seen incredible declines in December. Just recently, the coin had tanked, trading around its lower support of $3.85. This was nearly 60% in lost value. It was the ideal dip to buy, and we started to see some consolidation around that price. 

But right now, Tezos (XTZ) has broken the downtrend and reversed towards a bullish momentum. The coin breezed past its $4.54 overhead resistance, and some analysts see it hitting $5.8 in the near term. However, despite these gains, the coin is still lower than its 50-, 100-, and 200-day exponential moving averages.

Should you buy Tezos (XTZ)

Tezos (XTZ) is a great asset to buy for people looking to invest in alternative blockchain networks. The fundamentals of the coin are positive. However, it may take a bit longer for Tezos (XTZ) to deliver its full value. If you decide to invest in it, expect wild short-term volatility, but eventually, long-term gains will be realised.

The post Tezos (XTZ) reverses downtrend to establish bullish momentum – is it time to buy? appeared first on Coin Journal.

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Shiba Inu (SHIB) looks poised for a 40% bullish breakout – price analysis and prediction

Shiba Inu (SHIB) looks set for a significant bullish breakout in the coming days with estimates showing the meme coin could surge above 40%. The coin has been one of the most incredible performers this year. Although it’s still way lower compared to all-time highs in 2021, a whole lot more could still come from SHIB. Here is what we know thus far:

  • Shiba Inu has shown some commendable bullish alignment in all technical indictors and could surge over 40% in a few days.

  • The meme coin will however need to overcome overhead resistance at around $0.00003902.

  • But as with many meme coins, any negative sentiment on the crypto market could weigh heavily on any possible gains.

Data Source: Tradingview.com 

Shiba Inu (SHIB) – price action and analysis

Despite reporting massive growth this year, SHIB has had several corrections in the last few months. After hitting monthly highs of $0.00005435 in November, the coin has seen a sharp decline, losing nearly 50% of its value since then. The meme coin is however looking good but is facing stiff resistance at $0.00003902. 

At the time of writing, SHIB was trading slightly below that at $0.00003808, up 2% in intraday trading. Analysts feel that if the coin surges above the overhead resistance, then we are likely to see a sharp bullish uptrend in the near term. Also, we are watching to see if SHIB can recapture its 50-day moving average of $0.00004099.

Should you buy Shiba Inu (SHIB)

Meme coins are speculative assets and can be prone to wild volatility. So, they are not supposed to be held for a long time. In case you want to ride the short-term gains on SHIB before selling it, then this is the perfect time to buy. But for long-term value investing, SHIB is probably not for you.

The post Shiba Inu (SHIB) looks poised for a 40% bullish breakout – price analysis and prediction appeared first on Coin Journal.

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Is Bitcoin (BTC) a buy after its stable position in 2021?

  • The massive BTC adoption helped it to correlate with the global financial market.

  • BTC had a stable year with a 138% price change from yearly highest and lowest points.

  • Several technical indicators project that this flagship coin’s price may exceed $100k soon.

Bitcoin (BTC/USD) is the king of cryptocurrencies that made a new all-time high at the $69,000.00 level on 10 November 2021. Later on, the price showed a corrective momentum where the current price stands at $50,775.26.

Bitcoin became a less volatile asset than before

Bitcoin passed a less volatile year where investors had a lot of opportunities to open or exit their positions throughout the year. In the last 52 weeks, the price rose more than 70% and had a stable position after breaching 2017’s all-time high of $20,000.

The reason behind the price stability in Bitcoin is El Salvators’ acceptance as a payment method besides Elon Musk’s positive sentiment. Moreover, the Bitcoin ETFs grabbed institutional investors’ attention, increasing the price volatility after a 25% loss after El Salvator’s acceptance.

Should you buy Bitcoin (BTC)?

Besides making multiple swing highs, Bitcoin bulls had a strong position above the $30,000 level. However, after reaching the all-time high level, the price crashed lower with a 37% loss and formed an exhaustion candle in the daily chart. Still, the year gain to date is above 80%, where the current price moved above the dynamic 20 EMA on the daily chart.

Source – TradingView

The price held its momentum for multiple days above the dynamic 20 EMA while the MACD Histogram turned bullish. In this context, we expect the price to move higher where the primary target would be the $53,628.80 level. Conversely, a decisive break below the $59,500 intraday event-level would lower the price towards the $45,419.00 area.

The post Is Bitcoin (BTC) a buy after its stable position in 2021? appeared first on Coin Journal.