Schlagwort: crypto business

BFARM, a new yield farming platform built on Binance Smart Chain (BSC), has unveiled its new BNB and BUSD stake and earn feature as well as an extensive referral program. BFARM platform offer users steady and fixed daily income and the additional staking feature adds to its list of assets that can be staked by the users.

BFARM specifically allows users to maximize their income by leveraging and staking their native Binance tokens and earning quick staking yields on the BSC network.

Staking BNB and BUSD on BFARM

To stake BNB on BFARM, users require a minimum of 0.05 BNB coins. On the other hand, if a user wants to stake BUSD, they require a minimum of $10 worth of BUSD.

One can choose to stake the coins using the 8-days lockup with a 140% return, 16-days lockup with 188% return, or 25-days lockup with 242% return.

The 8-days lockup plan is designed for short-term investors who prefer quick returns on their crypto investments. The 16-days and 25-days lockup plans on the other hand are for long-term investors and they also have giveaway bonus instant credits.

The 16-days lockup plan has a 2% giveaway bonus instant credit while the 25-days lockup plan has a 3% giveaway bonus instant credit.

BFARM Referral program

BFARM has also unveiled an extensive referral program to provide its users with an opportunity to earn as the ecosystem expands. By inviting more people to the platform, users get to earn extra coins.

The referral program groups the referrals into five groups depending on the hierarchy of those referrals.

Level 1 referral earn 5%, level 2 referrals earn 3%, level 3 referrals earn 2%, level 4 referrals earn 0.5% and level 5 referrals earn 0.05%.

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Russia’s invasion of Ukraine has led to a cascade of events that in one way or the other, has helped shine the spotlight on crypto.

If you look at it, we see sanctions putting Moscow in an economic stranglehold, made worse by a ban on Russian oil and numerous companies exiting the Russian market.

On the one hand, we have Russians who are finding it hard to move their money into crypto. 

Why, because the ruble has plummeted to the floor, sanctions have hit banks, and payment giants like Visa, Mastercard, and PayPal have pulled the plug on transactions initiated from within the country.

“I think we may refer to 2022 as the year of the big catalyst for crypto because what governments did is actually force adoption,” said Ran Neuner, the host of CNBC’s Crypto Trader show.

Speaking to Al Jazeera, Neuner added that what governments have done, especially with the sanctions, is forcing people to look elsewhere.

He sees the whole banning and suspend thing as “ridiculous”- referring to the decisions by Visa and Mastercard, among other payment providers, to suspend services in Russia.  

According to him (as quoted by Al Jazeera) these events are going to force people to look for an alternative financial system- in this case, the financial freedom of crypto.

Crypto exchanges are reluctant to impose a blanket ban

Crypto exchanges- Binance, Coinbase and Kraken- have so far refused to institute a blanket ban on Russian users. But as Coinbase CEO Brian Armstrong said last week, even these exchanges might be forced toe the line if they are needed to.

“Some ordinary Russians are using crypto as a lifeline now that their currency has collapsed. Many of them likely oppose what their country is doing, and a ban would hurt them, too. That said, if the US government decides to impose a ban, we will of course follow those laws,” the Coinbase chief shared last week.

Exchanges are therefore screening accounts to block only those likely to help evade sanctions. Indeed, Coinbase said on Tuesday that it would be blocking 25,000 such accounts. 

It’s a small number given there are more than 17 million cryptocurrency holders, but still, a ban across all the major exchanges could hurt millions.

In 2021, a survey report showed that crypto was the fifth-most popular investment asset class in Russia. More people (17%) invested in cryptocurrency than in gold (16%) and stocks and shares (10%).

The post Analyst: Sanctions on Russia could push more people into crypto appeared first on Coin Journal.

US President Joe Biden signed an executive order instructing federal agencies to prepare a strategy on the ‘future of money’ and the role of crypto assets within it. Major cryptos were in the red over the past 24 hours.

All three US markets surged yesterday as hints of dialogue between warring Ukraine and Russia emerged, despite continued violence on the ground.

The UK100 had its best day in nearly two years thanks to investor confidence on possible changes of tone in the Ukraine crisis, rising 3.05%.

The price of oil plummeted yesterday, falling more than 10% on the back of reports of progressing talks. UAE pledged to support moves by OPEC nations to increase production levels to quell surging crude prices.

Top cryptos

Avalanche dropped 8%, Solana and BNB were down more than 6%, and Ethereum more than 4%. Bitcoin was trading above $39,000 at time of writing, down more than 5% over the past 24 hours.

Although Shiba Inu is down by 7%, it is trending on a recent SHIB burn party and NFT giveaway, hosted by the platform Bigger Entertainment. It was discussed by the Turkish minister of economy at an official event today.

Cosmos is the biggest loser in the top 20 today, down by more than 8%.

Top movers

The situation in the top 100 is equally bleak with a few notable exceptions. Waves’ rally continues. The token, created by Ukrainian Alexander Ivanov, was trading for $26.72 at the time of publication and was up 11.50% in the last 24 hours, bringing its weekly gains to over 45%.

Early this morning, THORChain’s token RUNE spiked 34% after synthetic assets were activated in the ecosystem. After the update, THORChain has half the swap fees, making swaps cheaper and faster for traders. It’s now possible to do near-instant trades at a high volume.

OMG was listed in the pair OMG/USDC on Bitrue yesterday, leading to a surge of OMG Network’s native token. It gained 11% today.

The biggest winner is ICX, the token of South Korean ecosystem Icon. After Yoon Suk-yeol won the presidential election in South Korea, the token broke into the top 100. It has gained 35% in the last 24 hours, approaching the equivalent of one dollar.

The new president wants to deregulate the crypto industry in South Korea and supports the Icon Network, which issues the coin.

As the conflict awaits resolution, privacy coins are starting to sink. Monero is shedding gains, having lost 12% of its value so far today. Harmony is down 11%.

Trending

The biggest gainer today is Kawakami, changing hands for $0.000002. Kawakami is up 828% in the last 24 hours.

Kawakami is the decentralized ecosystem for meme projects fueled by the $KAWA token. Even though the team is taking the lead on development, it acts as a decentralized autonomous organization. 

The aim is to create a fully-fledged ecosystem for meme tokens with a line of powerful tools and products, enabling investors to make educated decisions.

The post Highlights March 10: AVAX leads major cryptos’ slide, US markets surge appeared first on Coin Journal.

The live Waves price today is $26.72 with a 24-hour trading volume of just under $3 billion. Waves is up 11.50% in the last 24 hours, bringing its weekly gains to over 45%.

This guide has all the information you need about Waves: what it is, if it’s worth investing in, and where to buy Waves.

Top places to buy Waves now

As WAVES is such a new asset, it’s yet to be listed on major exchanges. You can still purchase WAVES using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy WAVES right now, follow these steps:

1. Buy ETH on a regulated exchange or broker, like eToro ›

We suggest eToro because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.

2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask

You’ll need to create your wallet, grab your address, and send your coins there.

3. Connect your wallet to the Uniswap DEX

Head to Uniswap, and ‚connect‘ your wallet to it.

4. You can now swap your ETH for WAVES

Now that you’re connected, you’ll be able to swap for 100s of coins including WAVES.

What is Waves?

Waves was launched in 2016 after one of the first ICOs in the crypto industry. The multipurpose blockchain platform supports dApps and smart contracts.

It aims to increase speed, use cases, and intuitiveness. The WAVES token is an uncapped supply token used for block rewards and other standard payments.

Waves was created by Alexander Ivanov, a scientist born in Ukraine. Before founding the platform, he had released an instant exchange and an indexing site.

Ivanov is credited with creating the first stablecoin. It was called CoinoUSD and pegged to the U.S. dollar.

Waves aims to attract business clients who are interested in using the blockchain to create new services or improve certain processes.  

Should I buy Waves today?

Waves can be a lucrative investment, but take the time to read at least several price predictions from leading analysts and do market research before making a commitment. Take all investment advice with a grain of salt.  

Waves price prediction

Digital Coin Price sees a consistent uptrend. Its price predictions are as follows:

• 2022: $32.58 – $36.84
• 2023: $35.26 – $43.02
• 2024: $32.61 – $45.80
• 2025: $45.88 – $57.12

Waves on social media

We have a dream. #Bitcoin #defi #waves #Decentralised #StopWars pic.twitter.com/P4sVXL0Lpx

— Aztec Gold Hero🌊 (1 ➝ 2) (@AztecGoldHero) March 9, 2022

The post No end to Waves rally in sight: these are the best places to buy Waves now appeared first on Coin Journal.