Crypto News Archive - Seite 1737 von 1838 - Finanzmittel Info + Krypto + Geld + Gold

15. Februar 2022

Bitcoin (BTC) Could jump by nearly 15% today – Here is the analysis and predictions

After hitting lows of around $32, 000 in January, Bitcoin (BTC) has rebounded sharply. The coin has surged past the $40000 mark and is looking to return to $50,000 in the near term. Bitcoin, at least in the short term, also looks bullish. Here are some highlights to note:

BTC has retreated sharply every time it has tested $45,000 as demand appears to die off at this zone.
But the coin has found sufficient support around the $42,000 mark and remains poised to trade above that.
At press time, Bitcoin was trading at $44,278, up by about 5% in 24-hour intraday trading.

Data Source: Tradingview.com

Bitcoin (BTC) – Can it swing by 15% today?

After surging by nearly 5% over the last 24 hours, Bitcoin (BTC) has approached a crucial zone. As noted above, the coin has fallen sharply when it has tried to rise above $45,000 before.

But this time it could be different. First, it seems like the security risks in Europe are starting to ease off. But more so, we have seen a decisive climb above the $42,000 support. This could indicate that there is enough bullish momentum to take BTC above the $45, 000 threshold and even beyond that.

But if it falls below $42,000, more weakness will follow, with a drop below $40,000 quite feasible.

Is Bitcoin (BTC) a good buy now?

Estimates in 2022 show that Bitcoin will end the year on a high. Some analysts are in fact, looking at $100,000 by mid-2022. There are of course, many downside risks to that. But BTC remains the gold standard in the crypto market.

While it may not deliver insane returns like newer altcoins, it can offer superb and steady long-term growth, especially for investors who want to diversify their portfolios.

The post Bitcoin (BTC) Could jump by nearly 15% today – Here is the analysis and predictions appeared first on Coin Journal.

15. Februar 2022

Chingari announces the launch of a brand-new native token – Everything you need to know?

Chingari has announced it is launching its new beta testnet of its native token GARI. The token comes as the Indian-based social network gets ready to launch a new Mainnet this week. Chingari has over 100 million users. So, how will this token perform in the future? Here are some highlights:

The new GARI token is expected to help revolutionise the creator economy on the Chingari platform.
Chingari is also launching a matching crypto wallet as well, both of which will run on Solana (SOL).
Chingari has over 35 million active monthly users, one of the highest in India and in the world.

Data Source: Tradingview

GARI Token – The tokenomics to know about

The move to create more value for users by Chingari has been steamrolling for the last few months. In fact, the platform has acquired several capital investments in this endeavour with a $19 million Series A funding last year.

The launch of the GARI token is the biggest move yet. Although we are seeing a beta test first, there is no doubt that this is big news.

It’s also worth noting that a Mainnet is expected to launch soon to coincide with the token. With India seen as one of the key crypto markets in the world, this is a good move for Chingari.

Should you buy the GARI token?

Right now, the GARI token is well and truly in its infancy. But based on the underlying fundamentals, it could become huge. India remains a key market for crypto growth. We have seen many innovative products come out of there.

While Chingari is not really expected to be the top driver of crypto adoption, its native GARI token could play a key role in cementing India as the world leader in crypto over the coming years.

The post Chingari announces the launch of a brand-new native token – Everything you need to know? appeared first on Coin Journal.

15. Februar 2022

SundaeSwap’s (SUNDAE) to list on Bitrue starting next month – Here is why you should consider buying

SundaeSwap’s (SUNDAE) will be listed on Bitrue in the next month. The news is a big shot in the arm for the Cardano-based DEX. So, what can the listing do for Sundae Swap, and should you buy before or after the listing? Some analysis is below but first, here are some highlights:

SundaeSwap’s (SUNDAE) is the main DEX for Cardano (ADA), one of the biggest blockchain networks in the world.
Despite its high-profile nature, SundaeSwap’s (SUNDAE) has faced several congestion issues but remains an exciting project.
Listing on Bitrue, one of the leading crypto exchange platforms in the world will boost SundaeSwap’s (SUNDAE) in a huge way.

Data Source: Tradingview

SundaeSwap’s (SUNDAE) – What will the listing bring

When you look back into history, when tokens are listed in some of the leading crypto exchanges out there, they often see a sharp surge in the price. This is not to say that SundaeSwap’s (SUNDAE) will do the same.

But the fact that it’s getting a node to trade on Bitrue suggests that other high-profile exchanges will also follow suit. This can only be positive for the token.

Besides, this is a coin that is not yet available for trading. This gives investors the chance to get in early. There will be a surge of course, in pricing if SundaeSwap’s (SUNDAE) follows the same path other newly listed tokens have.

Is SundaeSwap’s (SUNDAE) worth buying

There are two main reasons that make SundaeSwap’s (SUNDAE) worth buying. First of all, it is the main DEX platform on Cardano. This is a huge thing, and as the adoption of the Cardano chain continues to grow, there will be more value for Sundae Swap. Also, it is worth pointing out that this coin is new and fresh. It has had its fair share of challenges, but it is bouncing back stronger.

The post SundaeSwap’s (SUNDAE) to list on Bitrue starting next month – Here is why you should consider buying appeared first on Coin Journal.

15. Februar 2022

Warren Buffett invests $1B in Bitcoin-friendly neobank

Buffet’s Hathaway Berkshire acquired $1 billion worth of shares of a company whose business model supports Bitcoin.
The veteran investor’s firm also sold $1.8 billion and $1.3 billion in Visa and Mastercard stocks respectively.

Warren Buffett’s Berkshire Hathaway has invested in a Bitcoin-related business, shelling $1 billion in investment to acquire stocks of Brazil-based fintech Nubank.

Details disclosed in a securities filing on 14 February show that Buffet’s company purchased shares of Brazil’s digital bank in the fourth quarter, putting down $1 billion to get the fintech’s Class A stock.

The filing also showed that Berkshire’s firm sold over a billion dollars worth of each of Visa and Mastercard’s stocks. Per details in the firm’s Q4 2021 filing, the investment giant dumped $1.8 billion worth of its holdings in Visa shares and $1.3 billion worth of Mastercard stock.

Nubank is a New York Stock Exchange (NYSE)- listed company, debuting on the US exchange on 9 December 2021. At its IPO launch, the company was $45 billion to rank then as the largest digital neobank by market valuation.

The NU shares make up about 0.3% of the Berkshire Hathaway portfolio.

The „Oracle of Omaha,“ as the investment guru is fondly known, has never shied from criticizing Bitcoin and the broader crypto sector, previously calling Bitcoin “rat poison squared.”

He’s yet to invest directly in Bitcoin, but he holds stocks worth billions in companies that are increasingly leaning into the cryptocurrency space.

These include American banks such as Bank of America, US Bancorp and BNY Mellon. Berkshire also bought nearly $1 billion worth of shares of Activision Blizzard, a company recently acquired by Microsoft Corp.

The post Warren Buffett invests $1B in Bitcoin-friendly neobank appeared first on Coin Journal.

15. Februar 2022

Pantera backs Maverick Protocol’s $8 Million Strategic round

Pantera Capital led the funding round contributed to by among other, Gemini Frontier Fund and Circle Ventures.
Maverick seeks to use its strategic partnerships with several liquidity providers to revolutionize the decentralised finance (DeFi) derivatives market.

Maverick Protocol, an innovative permissionless derivatives platform, has announced an $8 million funding round from leading investors in the crypto ecosystem, led by Pantera Capital.

According to the platform, the funds will go towards a product launch as well as team expansion in the next few months.

Circle Ventures, Gemini Frontier Fund and Jump Crypto contributed to the funding round, with other major participants being Altonomy, CMT Digital, GoldenTree Asset Management, and Tron Foundation.

New technology for perpetual derivatives markets

Dubbed ALP (Automated Liquidity Placement), Maverick’s technology is designed to allow traders access to decentralised derivatives through an open listing model. The tech is set to change perpetual markets, according to Maverick co-founder Alvin Xu, with users able to easily trade mid-cap tokens on decentralised derivatives exchanges.

“Perpetual markets still lack the ability to quickly list new assets due to the intensive work required to spin up a sustainable market. With Maverick […] markets can now be created by the community with way less capital, but still offer a great experience to traders,” Maverick’s co-founder, Alvin Xu said.

Maverick also looks to use the funds to scale the ALP via a rapid expansion of its core machine learning protocol. The platform will also seek to grow its team as it moves towards exploiting a growing market for derivatives.

The ALP protocol allows for open listing of derivative trading pairs, easing access to hundreds of pairs as opposed to the limit of 30 pairs allowed for DEXs.

With its innovation, crypto users will be able to leverage any trading pair, with any tokens in ERC20 token standard allowed as collateral, Maverick noted in its announcement.

Revolutionising the crypto DEX derivatives market

The innovation could revolutionise the decentralise finance (DeFi) derivatives market, said Pantera Capital co-CIO Joey Krug.

„DeFi needs someone to answer the demand for derivatives built on the mid-cap and long-tail assets that are underserved by existing exchanges,”

Users will benefit from low slippage, with gains made from capital-efficient staking to liquidity providers (LPs), he added.

Derivatives volume makes up more than 50% of the daily trading volume in the digital asset market. In this case, the massive growth seen in the sector since 2021 offers a great opportunity for derivatives DEXs.

Maverick plans to launch its innovative technology in mid-2022.

The post Pantera backs Maverick Protocol’s $8 Million Strategic round appeared first on Coin Journal.