Schlagwort: crypto business

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Top 20 best-performing coins in the last 24 hours

  • The crypto market has lost less than 1% of its value in the last 24 hours.

  • REN, TIME, and KAS are the top three performers despite the bearish market conditions.

  • Dogecoin and XRP have outperformed the other major cryptocurrencies so far today.

The cryptocurrency market will end the week in a negative manner. The total crypto market cap is down by roughly 1% today and currently stands at $827 billion. With Bitcoin and Ether all underperforming, we are looking at the top 20 best-performing cryptocurrencies in the last 24 hours.

Top 20 gainers in the last 24 hours

REN

REN is the best-performing cryptocurrency in the last 24 hours. It is up by 31% so far today and currently trades at $0.1062 per coin. REN is the native coin of Ren, an open protocol built to provide interoperability and liquidity between different blockchain platforms.

KAS

KAS is the native token of the Kaspa network. It is up by more than 15% in the last 24 hours and is the second-best performer so far today. Kaspa is a proof-of-work (PoW)cryptocurrency that implements the GHOSTDAG protocol.

FTT

FTT is the native token of the bankrupt FTX token. It is up by more than 17% in the last 24 hours and currently trades at $1.45 per coin.

Where to buy FTT now

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 FTT with Binance today

Bitfinex

Bitfinex is a bitcoin exchange platform that provides advanced services for digital currency traders and liquidity providers.

Buy FTT with Bitfinex today

HT

Another exchange token on this list is HT, the native token of the Huobi exchange. HT has added 16% to its value today and is now trading at $6.58.

Where to buy HT now

Skilling

Skilling is a Scandinavian based cryptocurrency broker which has a desktop website as well as apps for iOS and Android devices. It supports over 50 cryptocurrencies and it has a demo account to allow users to gain familiarity with the platform. Skilling has no hidden fees, it is an officially regulated broker and it supports a wide range of payment methods.

Buy HT with Skilling 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 HT with KuCoin today

MASK

The native token of the Mask Network is one of the best performers today, adding 16% to its value and is now trading at $3.07. 

EWT

EWT powers the Energy Web ecosystem and has added 10% to its value so far today. It is now trading at $4.31. 

BAL

BAL is the governance token for the Balancer Protocol, and the token can be used to vote on proposals. BAL is up by 8% in the last2 4 hours and is currently trading at $6 per coin.

Where to buy BAL now

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 BAL with eToro today

OKX

OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.

Buy BAL with OKX today

Dogecoin 

The popular meme token joins the list as one of the top performers today. DOGE has added 8% to its value and the price of Dogecoin currently stands above $0.08 per coin. 

Where to buy Dogecoin now

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

CHSB

CHSB is the seventh-best performer in the market today and is the native coin of SwissBorg. The coin is also up by 8% in the last 24 hours and is trading at $0.23 per coin.

CEL

The native token of the Celsius cryptocurrency lending platform is also one of the top gainers this week. CEL is trading at $0.51 per coin, up by 7% in the last 24 hours.

Where to buy Celsius now

OKX

OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.

Buy CEL with OKX today

Bitfinex

Bitfinex is a bitcoin exchange platform that provides advanced services for digital currency traders and liquidity providers.

Buy CEL with Bitfinex today

GRT

This is the coin of The Graph, a leading indexing protocol in the crypto space. GRT is up by 6% today and is trading at $0.062343 per coin.

Where to buy GRT now

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 GRT with eToro today

OKX

OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.

Buy GRT with OKX today

CSPR

CSPR is the coin of Casper network, an L1 general-purpose blockchain similar to Ethereum. The coin is up by more than 5% today and is now trading at $0.0307.

THETA

The native coin of the Theta blockchain is up by nearly 5% today. At press time, THETA is trading at $0.927 per coin. 

Where to buy THETA now

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 THETA with eToro today

OKX

OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.

Buy THETA with OKX today

STEEM

STEEM is the native coin of the Steem network and is up by nearly 4% today. As the week comes to an end, STEEM is trading at $0.187535.

Where to buy STEEM now

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 STEEM with Binance today

Wazirx

WazirX is India’s largest crypto exchange. Started in 2018, WazirX has grown to be the most trusted exchange in the Indian crypto market. It is a part of the binance group, serving users in 180 countries.

Buy STEEM with Wazirx today

CTC

CTC powers the Creditcoin network and is also up by nearly 4% today. CTC is trading at $0.3578 as the week comes to an end.

EOS

EOS joins the best performer list after moving by 3% over the past 24 hours. As the week draws to a close, EOS is trading at $0.94 per coin. 

Where to buy EOS now

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 EOS with eToro today

OKX

OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.

Buy EOS with OKX today

OCEAN

OCEAN, the currency of the Ocean Protocol, is up by nearly 3% today and is currently trading at $0.131 per coin. 

Where to buy Ocean now

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 Ocean with Binance today

Bitpanda

Bitpanda is a digital assets brokerage company. It has grown to become one of the most popular crypto exchanges in the world, as it offers a user-friendly interface, it has developed a bunch of great features and it offers a variety of coins to invest in. Bitpanda has also built a reputation for security, and it has never experienced a hack of its data before.

Buy Ocean with Bitpanda today

GLM

Golem is a decentralized supercomputer that is accessible by anyone, and GLM is its native token. GLM is up by more than 1% today and is now trading at $0.223. 

Where to buy Golem now

OKX

OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.

Buy GLM with OKX today

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 GLM with Binance today

XRP

Ripple’s native currency is the second-major cryptocurrency to join the list after Dogecoin. The price of Ripple stands at $0.40 and is up by more than 1% today. 

Where to buy XRP now

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 XRP with eToro today

OKX

OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.

Buy XRP with OKX today

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FTX’s failure is not a harbinger of crypto: Gavin Wood

  • Gavin Wood co-founded Ethereum, Polkadot and Parity Technologies among other top crypto platforms.
  • He says FTX’s implosion offers a chance for crypto to go for “decentralised, trust-free technology.”
  • Wood stepped down as CEO of Parity in October, announcing his decision allowed him to focus more on building Polkadot.

Gavin Wood, the co-founder of blockchain platform Polkadot, says FTX’s failure isn’t a precursor of what’s to come in the crypto sector. It doesn’t count for the future of cryptocurrency, (even if a setback). 

As for why, he says the collapsed exchange was a mismanaged platform that tried to hide behind a massive marketing strategy. 

FTX was a ‘mismanaged, heavily-marketed’ company

The FTX token has lost nearly 98% of its value in the past month, all because FTX happened and most people within crypto are extremely irritated that it did. Of particular concern has been the impact to millions of people who didn’t get out as it became clear the Sam Bankman-Fried led exchange was in trouble.

And then 130 FTX affiliated entities filed for bankruptcy – with all these coming just months after SBF had painted himself as crypto’s ‘white knight.’

But despite the contagion that has followed the FTX fiasco, Wood says the event is nowhere near being a ‘harbinger for crypto.’ 

According to the Polkadot co-founder, if there’s anything, FTX has demonstrated one thing: the cryptocurrency industry needs to work towards “better decentralised and trust-free technology.” Wood shared his sentiment on Friday.

“I’m sick of hearing crypto confused with a heavily-marketed centralised, mismanaged exchange. FTX’s failure is far from a harbinger of crypto. Quite the opposite: it’s a concrete demonstration of the need for more, better decentralised, trust-free technology.”

Wood stepped down as CEO of Parity Technologies, the firm he co-founded and which is behind the development of Polkadot, in October this year.

As we highlighted, the Ethereum co-founder noted his move was to help him focus more on Polkadot. He is currently the Chief Architect at Parity. Wood is also the founder of Kusama and Web3 Foundation.

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Eco-friendly Bitcoin mining pool PEGA will launch in 2023

  • PEGA Pool is set to launch next year and will become the first eco-friendly Bitcoin mining pool in the world.
  • PEGA Mining is focused on reducing the environmental effects of Bitcoin mining.
  • Clients that join the “Early Access” waiting list would benefit from a permanent 50% reduction in pool fees.

PEGA Pool will become the first eco-friendly Bitcoin mining pool 

PEGA Pool is set to become the first eco-friendly Bitcoin mining pool and is expected to launch next year.

PEGA Pool, a platform dedicated to reducing the environmental effects of Bitcoin mining, is expected to launch in 2023. The project focuses on making Bitcoin mining eco-friendly.

PEGA Pool is owned and operated by PEGA Mining, a UK-based cryptocurrency mining firm. 

According to the development team, PEGA Pool will focus on reducing bitcoin mining’s carbon footprint to create a more sustainable and eco-friendly industry. On its official website, the company said it would plant trees to help reduce the Bitcoin mining carbon footprint.

PEGA Pool is currently in the pre-launch phase and will be open to the public in Q1 2023. Clients can join the early access waiting list until launch. The team added that the PEGA Pool is open to all bitcoin mining clients regardless of their renewable energy usage.

PEGA Pool added that for clients that mine with non-renewable energy, it would use a portion of their pool fees to plant trees to help offset their mining carbon footprint. Clients that use renewable energy to mine cryptocurrencies will enjoy certain incentives. 

For instance, clients that mine with renewable energy will enjoy a 50% reduction in pool fees. Furthermore, pool fees are 2% for non-renewable energy clients and 1% for renewable energy clients.

Clients that join the early access waiting list will enjoy certain benefits

The use of non-renewable energy to mine Bitcoin is a subject that gained wide coverage over the past few years. Companies like Tesla had to suspend accepting Bitcoin as a payment method due to concerns over its carbon footprint during mining. However, the company said it intends to start accepting Bitcoin as a payment option for its vehicles again in the future. PEGA’s effort toward ensuring eco-friendly Bitcoin mining could be what is needed to convince Tesla to start accepting BTC payments again. 

With PEGA Pool currently in its pre-launch phase, the team said clients that join the “Early Access” waiting list would benefit from a permanent 50% reduction in pool fees.

PEGA Pool said it had planted 41,715 trees so far, for an estimated annual CO2 offset of 1111T. According to their official website, the team said PEGA Pool was built by miners and is run by miners. With years of experience in the crypto mining sector, the team understands what it is that miners need in order to be successful and profitable.

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Privacy coins price predictions: Monero, Dash, Zcash

  • Privacy coins like Monero and Dash provide additional security features.

  • Demand for these coins is expected to keep rising in the next few years.

  • Dash, Monero, and Zcash are some of the best privacy coins to buy.

With cryptocurrencies plummeting, some investors believe that coins that provide utility will thrive in the long term. This view explains why some privacy coins have done well in the past few weeks. For example, Dash price has rallied by 30% from its lowest level this month. Monero has also jumped by 17% in the same period. Here are the best privacy cryptocurrencies to buy.

Monero

Monero is the biggest and most widely used privacy coins in the world. Its technology makes it impossible for transactions to be tracked. It works by ensuring that the addresses that send and receive funds are anonymous by default. As we wrote in this article, it uses technologies like Stealth addresses, RingCT, and Ring Signatures.

The 4H chart shows that the XMR price has been in a slow bullish trend in the past few days. It was trading at $135.7 on Friday, which was slightly below the important resistance level at $137.02. 

The coin has moved slightly above the 25-day and 50-day moving averages and the ascending trendline shown in green. At the same time, the Relative Strength Index (RSI) has moved above the neutral level.

Therefore, Monero price will likely rise if bulls manage to push it above the resistance at $137. If this happens, the next key resistance level to watch will be at $146, the highest point on November 22.

                Monero chart by TradingView

How to buy Monero

OKX

OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.

Buy XMR with OKX today

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 XMR with Binance today

Dash

Dash price has staged a strong comeback this month. At its peak, the coin was up by more than 42% from the lowest point this month. For starters, Dash is a privacy coin that is one of the easiest to use. 

It is a proof-of-work coin that uses Masternodes that enable solutions like InstantSend, CoinJoin, ChainLocks, and governance. Each Dash Masternode is required to put at least 1,000 coins in their wallet. PrivateSend makes it possible for people to send money anonymously.

Dash crypto price surged this week as demand for the coin rose. As it rose, it moved above the resistance at $38.1. It remains above the 25-day and 50-day moving averages. Recently, however, the coin has pulled back. Therefore, if you want to buy Dash, you should wait until it retests the support at $38.1. It could resume the bullish trend after doing that.

                Dash chart by TradingView

How to buy Dash

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 DASH with eToro today

OKX

OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.

Buy DASH with OKX today

Zcash 

Zcash is another popular privacy coin. It uses a complex technology that gives users the ability to select their privacy levels. In 2022, the developers introduced unified addresses that are generated from a set of multiple Zcash address types such as transparent, sapling, and orchard. As a result, transactions will move coins by default to the latest shielding pool supported by the wallet.

The four-hour chart shows that the Zcash price recovered slightly recently. It rose to a high of $44.22, which was its highest point on November 8. It has now retested the important support at $42, which was the highest level on November 14. Therefore, the coin will likely resume the bullish trend since it has formed a break and retest pattern.

            Zcash chart by TradingView

How to buy Zcash

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 ZEC with eToro today

OKX

OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.

Buy ZEC with OKX today

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This week in crypto: Binance’s $1 billion recovery fund already has contributors

  • Jump Crypto, Polygon Ventures, and Justin Sun have indicated the desire to contribute to Binance’s recovery fund. 

  • Genesis could file for bankruptcy if it fails to get funding as FTX’s collapse continues to affect more companies.

  • Cardano’s algorithmic stablecoin will go live in 2023.

Binance’s $1 billion recovery fund off to a positive start

Binance, the world’s leading crypto exchange, announced earlier this week that it targets around $1 billion for its recently announced “industry recovery fund.” the company CEO Changpeng Zhao revealed that the fund’s wallet address would be public so that there would be transparency during the contribution phase.

A few companies have also announced their intention to contribute to the fund. Jump Crypto, Polygon Ventures, Aptos Labs, Tron DAO, Animoca Brands, GSR, and Kronos, all announced this week that they would be contributing to the industry fund. CZ added that these firms have agreed to contribute to the fund with an initial aggregate commitment of around $50 million. Binance said it expects more firms to join the fund as it has received over 150 applications so far.

FTX’s negative impact continues

It has been two weeks since FTX filed for bankruptcy, and the effects are already clear in the crypto market. Earlier this week, FTX-owned Liquid exchange, announced that it had halted trading activities on its platform. The Japanese-based exchange said its decision was due to the ongoing Chapter 11 bankruptcy proceedings of FTX.

Cryptocurrency lending platform Genesis also revealed earlier this week that it is facing a hard time raising funds to continue its operations. Failure to raise funds could see the company file for bankruptcy. Cryptocurrency exchange Binance has reportedly decided against investing in Genesis despite approaches from Digital Currency Group, Genesis’ parent company.

On its part, FTX had requested to hire BitGo to secure its assets as the bankruptcy procedure. The company wants to protect its assets from theft and hacks. In a separate filing earlier this week, FTX revealed that it has a cash balance of $1.24 billion. The money is far below the $3.1 billion FTX owes its top 50 creditors. 

Cardano’s algorithmic stablecoin will launch next year

COTI’s CEO, Shahaf Bar-Geffen, announced earlier this week that Djed, Cardano’s over-collateralised algorithmic stablecoin, will go live in January 2023 following a successful full audit.

The Cardano community has taken lessons from Terra’s collapse earlier this year and said it would implement a gradual and slow approach to providing ADA liquidity to the Djed smart contract. Following the launch of Djed, the stablecoin will be integrated with select top Cardano partners to enable more use cases. 

ConsenSys collects the IP addresses of MetaMask users 

Ethereum-focused software company ConsenSys updated its privacy policy earlier this week, revealing that it collects IP addresses and wallet address information of users who access the Ethereum wallet MetaMask. 

The company revealed that it collects the data using the blockchain infrastructure service, Infura. ConsenSys owns both Infura and MetaMask. ConsenSys explained that when users initiate blockchain transactions via their MetaMask wallets, it defaults to Infura. Infura then broadcasts the transaction to the Ethereum blockchain. Afterward, MetaMask connects to Infura via a remote call procedure service (RPC).

However, ConsenSys added that it doesn’t collect data from users who access MetaMask with alternative RPC providers like Ankr, Alchemy and others. 

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