Schlagwort: blockchain markets

MASK, the native token of Mask Network, is skyrocketing. At press time, it had surged by more than 54% in the past 24 hours and it keeps on gaining momentum every minute.

MASK’s price surge is attributed to the fact that Mask Network is somehow connected to Twitter and Elon Musk completed his deal to purchase Twitter. There is also speculation that Bybit may end up adding the token to its spot trading list.

To assist investors who want to buy the Mask Network token, Coinjournal has created a brief guide on where to buy the coin.

To find out more, please continue reading.

Best places to buy MASK online

Binance

Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.

Buy MASK with Binance today

KuCoin

Kucoin is a cryptocurrency exchange which offers over 200 cryptocurrencies. Kucoin has a wide range of services, such as; a built-in peer-to-peer exchange, spot and margin trading, bank level security and a wide range of accepted payment methods. Users can benefit from a beginner-friendly interface and relatively low fees.

Buy MASK with KuCoin today

What is Mask Network?

Mask Network is a protocol that allows users to share encrypted messages over Facebook and Twitter. It acts as a bridge between the internet and the decentralized network.

The protocol was launched in July 2019, with its first use case being that of allowing Twitter and Facebook users to share encrypted messages. It then raised $2 million in a funding round in November 2020 and a further $3 million in a funding round in February 2021 to expand its ecosystem.

Currently, besides allowing sending encrypted posts on Twitter and Facebook, Mask Network also allows users to conduct fund Gitcoin grant campaigns directly from Twitter. It also plans to offer peer-to-peer payments and decentralized storage services.

Should I buy $MASK today?

If you are looking to invest in a cryptocurrency that is on a bullish trajectory then MASK could be a good choice.

Nevertheless, you should be aware of the fact that the cryptocurrency market is extremely volatile especially now that there are a lot of external factors affecting the crypto market at play.

Mask Network price prediction

The price of the MASK coin is expected to continue rallying at least for the next few days and weeks following the excitement around the markets following Elon Musk’s acquisition of Twitter.

Investors believe that if the coin continues on the current trajectory, it could easily smash through the $10 level before the end of this month.

Mask Network social media trends

We’ve all heard the news — @elonmusk has taken over Twitter.

What’s the „freed bird“ going to be like?

Here’s a diagram comparing Twitter’s effort in going all Web3 & some features Mask has launched: pic.twitter.com/k01pjEu5kC

— Mask Network (Bridge to Web3 @Mask.io) (@realMaskNetwork) November 2, 2022

 

The post Where to buy MASK coin: it’s up 54% today and still going appeared first on CoinJournal.

• Institutional interest in Bitcoin remains despite the continued price struggles across the market.

While institutional investors are not putting as much money into digital asset investment products as was during the bull market, funds have seen consecutive minor inflows for seven weeks, with most of it in Bitcoin.

According to digital asset manager CoinShares, a total of $6.1 million flowed into crypto-related funds last week. Among specific funds, Bitcoin recorded inflows of $14 million, and accounted for the most trading volume.

As per CoinShares’ Digital Asset Fund Flows Weekly Report, last week’s flows into Bitcoin came with 70% of weekly trading volumes across all investment products. The week’s volume showed a 100% jump from the week ending 21 November.

Short Bitcoin sees second week of outflows

As well as inflows into long Bitcoin funds, investor sentiment this past week was registered via a second consecutive week of outflows. 

The short-bitcoin investment product had outflows of $2.4 million this past week – down from $7.1 million the previous week.

However, with the outflows in October already at $15 million and representing 10% of the total assets under management (AUM), last week’s total brings outflows since mid-September to $20 million. That’s 15% of the total AUM of digital assets investment products.

As CoinJournal reported earlier today, Kevin Dede, CFA, a senior technology analyst at HC Wainwright, says Bitcoin is ‘alive’ and that headlines about miner capitulation and the death of the world’s largest cryptocurrency are “greatly exaggerated.”

The post Bitcoin records 7th straight week of institutional inflows appeared first on CoinJournal.

Shiba Inu price has been on a bullish trajectory since October 10 and the Shiba Inu community is readying for a further upside rally following plans by the Shiba Inu team to introduce a number of updates.

The Shiba Inu community is looking forward to the highly anticipated Shibarium update, Shiba Eternity Players Guide, and TREATs for Shib Army.

Release of Shiba Eternity Guide

Shiba Inu team in a tweet on November 1 announced that it will release the official Shiba Eternity Player’s Guide on November 2. The tweet read:

“The official & exclusive #ShibaEternity Players Guide will be released November 2nd, on Día de los Muertos. This massive 1000+ page booklet details Shib’s CCG game, original lore and incredible art! Stay tuned #ShibArmy!”

According to Shiba Inu lead developer Shytoshi Kusama, the guide is a 1000+ page booklet detailing Shiba Inu’s CCG game, with hundreds of hilarious cards, cutting-edge artwork, and deep sci-fi lore. In a tweet, Kusama said:

“The #ShibaEternity Player’s Guide came in at ~1100 pages with hundreds of hilarious cards, cutting-edge artwork, and a deep sci-fi lore. In my next blog I’ll explain whats happening behind the scenes and why my focus now turns to #Shibarium and other TREATs for the #ShibArmy.”

Last week, Kusama revealed that Shibarium was coming soon and that he is working on something big for Shiba Inu.

The Shiba Inu team missed the Q3 deadline for the release of the Shiba Eternity Guide.

Wish I could move at the „speed of science“. Sorry for the delay #SHIBARMY #SHIBAETERNITY guide is being completed and all bugs are being addressed. Had to make adjustments to make sure everyone can understand the tutorial. Thanks for your patience.

— Shytoshi Kusama™ (@ShytoshiKusama) October 11, 2022

Dogecoin correlation

While there are factors that are directly propelling the price of SHIB up, a majority also believe that SHIB will follow a Dogecoin-like rally, especially now that the Dogecoin community is highly anticipating some boost from Elon Musk who recently acquired Twitter.

There is a high expectation that Musk will propose DOGE rewards on Twitter.

The post Shiba Inu price explodes ahead of key updates appeared first on CoinJournal.

XRP price has surged in the last 24 hours as the legal tussle between the US Securities and Exchange Commission (SEC) and Ripple approaches the Summary Judgment phase. Both sides have already filed motions for summary judgment and other parties are filling requests to file as Amicus Curiae.

Early today, the price of Ripple’s native token, XRP, jumped to a daily high of $0.4661 before briefly pulling back to $0.4603 at press time. XRP has gained over 37% in the past 60 days; something attributed to the positive updates coming from the lawsuit.

Ripple’s upper hand in the XRP lawsuit

As the XRP lawsuit approaches the final phase, Ripple Labs seems to be gaining the upper hand. It is barely a month since a US judge court ordered SEC to produce Hinman’s speech documents which were crucial for Ripple’s defence which was seeking to prove that the SEC was applying double standards.

In the contested Hinman speech delivered at the Yahoo Finance All Markets Summit in June 2018, Hinman stated “Based on my understanding of the present state of Ether, the Ethereum network, and its decentralized structure, current offers and sales of Ether are not securities transactions.”

Going by the recent updates from the lawsuit, Ripple seems poised for a victory; something that could set its native token skyrocketing to the moon especially due to the huge potential that RippleNet possesses. In May this year, Ripple’s CEO indicated that Ripple will explore IPO after the SEC lawsuit gets concluded.

Coinbase files to be added as Amicus curiae in XRP lawsuit

Coinbase, the largest crypto exchange by trading volume, is one of those who have filed a request to be allowed to file an Amicus Brief in support of Ripple’s defence.

Coinbase delisted XRP immediately after the US SEC filed a lawsuit against Ripple Labs for issuing an unregulated security. Coinbase was not the only crypto exchange that delisted Ripple’s native tokens since almost all major crypto exchanges including Binance have delisted the token.

Another entity that has filed to be allowed as an Amicus Curie in the XRP lawsuit is the Crypto Council for Innovation which wants to file an Amicus Brief in support of Ripple’s Defendants’ Brief in Opposition to the SEC’s Motion for Summary Judgment.

The post XRP takes a ride as Ripple’s legal tussle with SEC reaches Summary Judgment phase appeared first on CoinJournal.

Dogecoin (DOGE) has shot up by more than 99% in the past seven days, a move fuelled by Elon Musk’s acquisition of Twitter.

The first time Musk made the offer to purchase Twitter, Dogecoin took off to the moon. However, the bullish momentum later died out after Elon Musk started showing signs of backtracking on his bid to acquire the social media giant on claims of fake accounts.

Now that Musk has completed the acquisition at $54.20 a share, investors believe Dogecoin could be on the verge of reclaiming its 2021 highs.

To assist investors who want to buy Dogecoin, Coinjournal has created a brief guide on the best ways to buy a meme coin.

To find out more, please continue reading.

Best places to buy Dogecoin (DOGE) from

eToro

eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.

Buy DOGE with eToro today Disclaimer

What is Dogecoin (DOGE)?

Dogecoin (DOGE) is a meme coin that is based on the popular “doge” Internet meme and features a Shiba Inu on its logo. It was the first dog-themed cryptocurrency to be launched after which the likes of Shiba Inu (SHIB) were launched.

Dogecoin was actually created from a hard fork of Litecoin in December 2013 by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia.

Dogecoin’s founders foresaw it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience since it was based on a dog meme. Tesla and SpaceX CEO Elon Musk has fallen for the meme coin and he regularly tweets about it and he has also included it as a payment option for Tesla merchandise.

Should I buy $DOGE today?

If you are looking to invest in a cryptocurrency that is on a bullish trajectory then Dogecoin could be a good choice.

Nevertheless, you should be aware of the fact that the cryptocurrency market is extremely volatile especially now that there are a lot of external factors affecting the crypto market.

Dogecoin price prediction

With Elon Musk finally acquiring Twitter, all eyes are on whether the multi-billionaire will propose the use of DOGE on Twitter.

Although it might take some time for the coin to go back to its 2021 highs, investors believe at the current momentum it could surge above $0.2 by mid-November. However, it could end up even going higher if Elon comments anything to do with the coin.

$DOGE social media trends

Dogecoin TO $69!!!!!!!!!

— Matt Wallace (@MattWallace888) October 30, 2022

The post Best ways to buy Dogecoin: it’s on fire after Elon Musk bought Twitter appeared first on CoinJournal.