Schlagwort: crypto business

The crypto market has started to show some strength after a very poor start to 2022. Investor sentiment is slowly coming back and as such, it is an ideal time to think about possible investments for the long term. Here is why long-term crypto investing makes sense:

• Long term investing protects you from the volatility of the market

• There is a chance of unlocking a lot of value in the long term.

• Most crypto projects are designed to come good in the long run.

So, if you are trying to find some projects that you can buy and forget for 2022, we have a list of 3 coins to consider below.

Cronos (CRO)

Cronos (CRO) is the former Crypto.com token that was rebranded a few days ago. It is the native utility and governance token of the Cronos chain, a powerful ecosystem that was developed by the Crypto.com exchange.

The aim for Cronos is to bring wide-scale adoption of crypto into the world. The platform has signed several brandings and marketing deals including one with Lebron James. It was also one of the few crypto companies to air an ad during the Superbowl. At press time, CRO was selling at $0.42 with a market cap of around $10 billion.

Loopring (LRC)

Loopring (LRC) is an Ethereum scaling solution designed to deliver faster and cheaper transactions for users. It has earned a reputation for efficiency, and in recent years, Loopring has also attracted increased developer interest. Its ecosystem is likely to expand, and at the time of writing, the coin was selling at $1.18 with a market cap of $1.1 billion.

Siacoin (SC)

Siacoin (SC) is a project that hopes to help develop a comprehensive network of decentralized cloud storage. It is a very central project in the Web 3.0 revolution and appears to be very undervalued. At press, it was selling at $0.009919 with a market cap of $495 million.

The post Best cryptocurrencies to buy and forget in 2022 appeared first on Coin Journal.

Staking is one of the easiest ways to make money in crypto. There are of course some risks involved. But the potential to make a regular income is there. In recent years, staking programs have emerged, and it can be hard to decide which ones to use. However, here are some things to look out for:

• Staking programs should have good yearly yields

• They should also offer a flexible exit plan as well.

• The projects must have long-term value in the crypto world.

Well, if you are thinking of making steady passive income through staking, here are some of the top 3 coins to go for:

Oasis Network (ROSE)

Oasis Network (ROSE) is a promising chain that is looking to bring DeFi and the decentralized data economy to millions of people. The project has attracted a lot of investors and continues to rank very high in terms of total value locked.

Data Source: Tradingview 

As for staking, Oasis offers one of the most robust staking programs with yields of up to 20%. Staking is done using the native ROSE token and is largely used to provide liquidity within the platform.

Oxygen Protocol (OXY)

The staking program by Oxygen Protocol (OXY) is actually not yet up. The plan is to launch it on April 4 this year. But despite this, there is still a lot on offer here. First, the program will allow users to stake assets for as little as 7 days and still earn base rewards of around 6%. But in case you would love to make decent returns, you will need to stake longer. Staking periods of 2 years for example can attract yields of up to 15%.

Chainlink (LINK)

Chainlink (LINK) is one of the largest crypto projects. Its staking program gets on our list for both its yields and user-friendliness. Users can earn rewards of up to 14.5% with the LINK staking program while unlocking other rewards.

The post Staking 2022: Top 3 coins with the best yields appeared first on Coin Journal.

• Bitcoin Cash rallies after news that a country was about to make it legal tender. 

• Bitcoin Cash is now up by over 30% in the week, and momentum is rising.

• Now that it is making higher lows, Bitcoin Cash could test higher prices soon. 

While most cryptocurrencies have been on an uptrend in the last 24-hours, Bitcoin Cash BCH/USD is one of those outperforming the market. Bitcoin cash price action has a lot to do with the news that it was being made legal tender by Sint Maarten, a country part of the broader Kingdom of the Netherlands. This is a big deal, as it adds to BCH adoption numbers growing quite steadily over the past year.

It is also a factor that could reignite interest in Bitcoin Cash. BCH is among a group of big cryptos that were hot in 2017 but seem to have fallen out of investor favor. This is evident in its 2021 price action, where it failed to retest its all-time highs and has been lagging the market.

With its latest news, new investors focused on newer, shinier cryptos could start taking an interest in BCH and trigger a rally that could see it make new highs. 

Bitcoin Cash is currently up by 12.81%, and in the past week, it has gained by over 31.18%. Volumes are high, and with upside momentum on the rise in the broader market, BCH’s prospects look pretty good. 

Bitcoin Cash making higher lows 

Source: TradingView

In the last 24-hours, Bitcoin Cash has been making higher lows. This means buying volumes are on the rise, and if this continues in the short term, BCH could test $500 in the short term. 

Summary 

Bitcoin Cash has shot up in the past 24-hours following news that it was about to become a country’s legal tender. This is a vote of confidence and could reignite interest in Bitcoin Cash as the market starts turning bullish again.

The post Why Bitcoin Cash could test $500 soon appeared first on Coin Journal.