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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Quant is up 16% after Overledger 2.2.2 release: here’s where to buy Quant

Quant recently announced a new release: Overledger 2.2.2, which delivers innovative second-tier smart contract capacities to manage accounts and mint and burn tokens.

If you are attracted to unique features and want to learn how and where to buy Quant, this guide is for you.

Top places to buy Quant now

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Coingate

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What is Quant?

Quant launched almost four years ago with the mission to connect networks and blockchains globally without reducing network interoperability and efficiency. It created the first blockchain operating system, becoming the first platform to resolve the issue with interoperability.

Quant uses the Overledger Network, whose 2.2.2 version they just released. It was developed as an OS distributed ledger technology, linking various blockchain networks. Quant bills itself as the first OS to be built for blockchains.

Quant aims to close the gap between different blockchains by leveraging Overledger. This network is the backbone of the project. Quant is sure Overledger will serve as the ecosystem on which the future digital economy ecosystem will grow.

Should I buy Quant today?

Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never make any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.

Quant price prediction

CoinQuora predicts Quant will run along with the bulls, passing its all-time high of $428. Digital Coin Price predicts the QNT token will pass $170 by the end of this year.  

Quant on social media

The post Quant is up 16% after Overledger 2.2.2 release: here’s where to buy Quant appeared first on Coin Journal.

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Highlights March 25: Major cryptos mixed, US markets rebound as oil drops

The crypto market was mixed as a whole today. The three major US indices rebounded yesterday as the price of oil fell back.

The SPX500 rose 1.43% while the DJ30 was up 1% and the NASDAQ100 rose 1.93%. Top performers were Nvidia (+9.39%), Intel (+6.74%) and Monolithic Power Systems (+6.61%).  

Top cryptos

Solana added around 5%, and Ethereum close to 4%. Cardano was up almost 6%, continuing its surge over the past seven days, where it has gained just under 39%. Bitcoin was trading above $44,000 at time of writing, up more than 2.5% over the past 24 hours.

Top movers

Ethereum Classic has started gaining again and is up 8%. Axie Infinity added another 22% to its value today, continuing its rally since yesterday. AAVE gained 7%, and Convex Finance – 9%. It is up 25% this week as it recovers from a cataclysm in the not too distant past.

Quant and 90th-ranked Qtum went up by 12% and 13% respectively. Quant recently announced a new release: Overledger 2.2.2, which brings new tier-two smart contract capabilities to mint and burn tokens and account management.

As for the other end, few top 100 coins lost more than 5% today. ApeCoin is down 7%, making it the biggest loser in the top 100. Its losses amount to 15% for the past 7 days. After its stellar performance, some decline could have been expected.   

Trending

The biggest gainer today is the token of Web3 ALL BEST ICO (WEB3ALLBI), an ecosystem that lets you create your own crypto. It is up 995% in the last 24 hours. This is not the first time it has been the biggest gainer of the day. Its continued rise indicates more and more interest in the crypto market.

The post Highlights March 25: Major cryptos mixed, US markets rebound as oil drops appeared first on Coin Journal.

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Axie Infinity is rocketing – Here is why

A confluence of fundamentals and technical factors driving AXS price.

  • Axie Infinity was trading at a key support level when bullish momentum rose in the broader market. 

  • Axie Infinity has the benefit of being the largest and most popular play-to-earn gaming platform in the market.

  • Axie Infinity moving averages point to more gains in the short term. 

Axie Infinity AXS/USD is one of the top crypto performers. In the past 7-days, Axie Infinity has been up by 32%, with most of the gains being recorded in the last 24-hours. The current pump is a mix of broader market momentum and the fact that Axie Infinity was trading at a key support level of $51.29 on the 100-day MA before the market started pumping. 

That said, Axie Infinity’s core fundamentals are pretty strong, making it attractive to investors, especially now that it is trading at massive lows compared to its price in November 2021. 

For instance, Axie Infinity is now the largest play-to-earn gaming platform in the market. As of February 2021, over two-thirds of NFT gaming transactions came from Axie Infinity. While Play-to-Earn games have slowed down in the past two months, Axie Infinity continues to command a lead in this space.

This is a big deal because now that the markets are turning bullish again, gamers and creators looking to make money off NFT gaming will be drawn more into Axie for its dominance in the gaming market. 

Axie Infinity trading in a bullish channel

Source: TradingView

In the last 24-hours, Axie Infinity has been trending up, and buying volumes have shot up. The momentum that Axie Infinity has at the moment is most evident in the moving averages. The short-term moving averages 20-day and 50-day moving averages are outpacing the 100-day MA with a huge margin. This indicates that AXS’s price is now rising at an accelerated rate compared to its price over a more extended period. 

Summary 

Axie Infinity is in a breakout after bouncing off major support in the past week. Rising bullish momentum across the market coupled with Axie Infinity’s strong fundamentals are adding to the upside momentum.

The post Axie Infinity is rocketing – Here is why appeared first on Coin Journal.

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Why the $2 MATIC is within reach in the short term

Polygon Logo on a mobile phone screen

  • Polygon is trading in a bullish channel while making higher lows.

  • Polygon is driven by a combination of market momentum and internal fundamentals.

  • Among the fundamentals driving Polygon is its position as one of the most significant Ethereum scaling solutions. 

Polygon MATIC/USD has been on an uptrend since March 16th. In this period, Polygon has moved from $1.39 to a high of $1.67 today. Polygon continues to gain upside momentum, and with the broader market turning bullish, it could easily break the $2 mark in the short term.

Besides its price being driven by broader market momentum, Polygon is heavily tied to Ethereum, which is a big deal in terms of its long-term growth. Ethereum’s transition to Proof-of-Stake will be complete in the next few months. Test runs are already a success, which means the much-awaited shift to Eth2.0 will be done soon.

The impact is that most Ethereum transactions will move to layer-2 solutions. Polygon happens to be one of the largest and most recognized Ethereum layer-2 solutions in the market. This means demand for Polygon and other layer-2 solutions is about to skyrocket. As this happens, the value of the MATIC token will also rally. 

Polygon is making higher lows in a bullish channel 

Source: TradingView

Since March 23rd, Polygon has been steadily rising while making higher lows. This means the demand is so high that every dip is being eaten up fast. If the current Polygon price action continues, $2 could be attained in the next few weeks. 

Summary 

Polygon is in a bull run at the moment. A combination of overall market momentum and improving fundamentals around the Polygon ecosystem driving its price. Among the fundamentals driving up Polygon includes expectations around Eth2.0. Ethereum will soon be relying heavily on layer-2 solutions to complete transactions. Being one of the largest among them, Polygon is uniquely positioned to gain the most in adoption.

The post Why the $2 MATIC is within reach in the short term appeared first on Coin Journal.

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Waves (WAVES) gains over 240% in the last month alone

The crypto market has had very high volatility during the first quarter of the year. In March, we saw some decent upswings albeit markets remained very risk-averse. Despite this, there is one token that has been seeing incredible gains. Waves (WAVES) has been the star of March, and here is why.

  • The coin has gained over 240% in the last 30 days or so.

  • Waves has also outperformed the entire crypto market by a huge margin.

  • The coin is now ranked among the top 50 biggest crypto assets.

Data Source: Tradingview

Waves (WAVES) – Where will it go next?

There have been several factors that have pushed Waves in recent weeks. More so however is the increased total value locked or TVL in some of the ecosystem projects. For example, The Neutrino Protocol, an innovative DeFi tool kit built on the Waves network has seen its TVL rise by nearly 350% in the last month alone. 

There was also an announcement that Waves was planning to launch Waves 2.0, a much improved and efficient network. The announcement was made on February 11, and while the coin has had volatility since then, its overall trend has been upward. 

Waves is looking at adding EVM compatibility with Waves 2.0, something that will bring cross-chain interoperability into the platform. The coin is expected to continue seeing this decent uptick in the near term. It could surge above the $3.3 billion market cap quite substantially.

Is it time to buy Waves (WAVES)

Waves (WAVES) has been doing very well to enhance the appeal of its ecosystem towards developers. It is also allowing a lot of innovative DeFi products to come to its protocol. The future is indeed bright, and it is likely we are going to see superb long-term value. As a result, it would make a lot of sense to buy the coin.

The post Waves (WAVES) gains over 240% in the last month alone appeared first on Coin Journal.