Schlagwort: crypto business

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Stablecoin shopping: 3 coins to consider for long-term holding

As the crypto market continues to report increased volatility, stablecoins could provide a good way to maintain your crypto wealth. These coins have become quite popular too and are expected to grow further. Here is why:

  • Stablecoins are designed to guard against volatility in the market.

  • It is likely that these coins will become more integrated into global payment systems.

  • There is a growing list of suitable coins to buy in this category.

Well, if you are not sure which stablecoins will be perfect for your investment portfolio, here is the full list.

Terra (LUNA)

So, Terra (LUNA) is not a stablecoin per se. But it is the biggest stablecoin platform in the world. For folks who want some exposure to stablecoins, it will be wiser to buy LUNA.

Data Source: Tradingview 

This is a growth asset, and while it has faced major challenges in recent weeks, the long-term potential is still huge. At the time of writing this post, the coin was trading at $75.

Tether (USDT)

Tether (USDT) is the biggest stablecoin in the market and will remain so for years to come. It is also one of the largest crypto assets with a market cap of around $80 billion. In most cases, stablecoins will normally trade close or nearly the same as the US dollar. If you are worried a lot about volatility, then this will be one coin worth having.

Binance Coin (BNB)

Binance Coin (BNB) is the main coin for the Binance exchange. It is one of the more stable coins out there and also one of the biggest in the crypto industry. As of now, the coin is trading at around $373 and has a market cap of $62 billion. BNB offers real growth value, and for investors who want something they can actually hold for long, this would be it.

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Two more weeks to register for TRON Grand Hackathon 2022

TRON DAO and BitTorrent Chain (BTTC) launched the TRON Grand Hackathon 2022 and debuted the TRONDAO Forum on February 10 and registration began on Valentine’s Day, February 14. It ends on March 7.

Allowing developers to explore TRON

The event’s goal is to allow developers to explore and impact the TRON blockchain and DeFi, blockchain gaming, Web3, Digital Art/Collectibles, and more.

TRONDAO, TRON’s new crypto discussion site, encourages members of the decentralized community to leverage the power and expansion of TRON DAO, creating the basis for a cross-chain future for the whole blockchain economy.

H.E. Justin Sun, Founder of TRON commented:

The future is not far from where decentralized storage, decentralized applications, digital assets, and cryptocurrency wallets are widespread. With the increasing use of decentralized, peer-to-peer, and secure networks, blockchain is becoming the backbone of Web 3.0 – the decentralized web.

The TRONDAO Forum and TRON Grand Hackathon 2022 are about exchange, creating chances, and giving the TRON DAO community a voice.

Complete decentralization

In December, TRON became a community-governed DAO, thereby transitioning to a fully decentralized project. The Grand Hackathon aims to help the crypto community around the globe go mainstream.

TRON DAO and BTTC aim to inspire developers to take advantage of the TRONDAO Forum, design and create DeFi, GameFi, NFT, and Web3 applications and much more. 

About TRON

TRON is a blockchain-based operating system that aims to ensure this technology is suitable for daily use. Whereas Bitcoin can handle up to six transactions per second, and Ethereum up to 25, TRON claims that its network has capacity for 2,000 TPS.

It is a decentralized platform focused on content sharing and entertainment. One of its biggest acquisitions was the file sharing service BitTorrent back in 2018.

At the time of writing, the price of TRON was $0.06 and its 24-hour trading volume was just over a billion. TRON is up almost 8% in the last 24 hours.

The post Two more weeks to register for TRON Grand Hackathon 2022 appeared first on Coin Journal.

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Highlights Feb 25: Cryptos recover, UK100 ends deep in the red

Despite starting with noticeable declines yesterday, cryptos showed an impressive recovery over the past 24 hours. 

London-listed firms with strong links to Russia dragged the UK100 (-2.26%) deep into the red yesterday. Investors sold out of Anglo-Russian miners Polymetal International (-36.07%) and Evraz (-30.28%) in droves, making them by far the index’s worst performers.

US markets were able to post new gains. The SPX500 (+1.28%), NASDAQ100 (+3.13%) and DJ30 (+0.03%) all climbed higher.

Top cryptos

Bitcoin was up more than 10% at time of writing, joined by 6 other top 10 cryptos recording gains of 8% or more. The recent uptick could be attributed to sanctions on Russia announced by US President Biden, which include limiting the use of several major fiat currencies.

Terra is the biggest winner among top cryptos, up 23% today. It is surging on news trading with the LUNA pair has opened on Bittrex, among others.

Top movers

All top 100 coins are in the green. Anchor Protocol is a standout with 23%. Fantom gained 15% and Maker is up 19%, reversing yesterday’s prominent losses. Gala also gained 15%. Amp and Arweave are up 18%. Theta Fuel gained 14%.  

Neo and Zcash are both up around 13%. Zcash is on its way to breaking $100. Convex Finance, yesterday’s biggest loser, recovered 17% of its losses today.  

Trending

The meme token MetaDogecolony added 360% to its value. In its simplest terms, its token DOGECO is a play-to-win token. At the moment, you can play the game consisting of 1-30 levels, which the team has released as a demo on its site. 

Lucky Block is pushing for a global, blockchain-based lottery system. Its token LBLOCK has added more than a third to its value in the last 24 h.

Fantom is pushing the price of BOO up. BOO is the native token of SpookySwap, an automated market-making decentralized exchange (DEX) for the Fantom Opera network.

It is surging today with gains of 31% in the last 24 hours. Users can now provide liquidity for the Fantom-Revault trading pair on the DEX.

The post Highlights Feb 25: Cryptos recover, UK100 ends deep in the red appeared first on Coin Journal.

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SpookySwap soaring after Fantom-Revault integration: best places to buy SpookySwap

SpookySwap is an automated market-making decentralized exchange (DEX) for the Fantom Opera network. It is surging today, having gained 31% in the last 24 hours. Users can now provide liquidity for the Fantom-Revault trading pair on the DEX.

This guide has all the information you need: what SpookySwap is, is it worth investing in, and the best places to buy SpookySwap today.  

Top places to buy SpookySwap now

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

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

What is SpookySwap?

SpookySwap is an all in one decentralized exchange for leveraging diversified funds across ecosystems with the speed of Fantom Opera.

It enables users to swap tokens on the Fantom network with low fees, collect swap fees from the liquidity pool, and stake proof of liquidity contribution at farms to start earning BOO, Spooky’s native token.

They are working towards a platform governed through community voting, with expert trading mode, a fast and polished UI, and limit orders. It will integrate a bridge, Certik audits, and snapshot governance.

Spooky uses the Fantom network to deliver top speed, security, and scalable transactions. They promise users swaps will cost a fraction of a penny. Finally, SpookySwap is trying to make crypto less cryptic, placing an emphasis on functionality and usability.

Should I buy SpookySwap today?

Nothing can substitute doing your own research. Any investment decision you make should be based on your market expertise, your attitude to risk, and the features and spread of your portfolio. Also consider how you would feel about losing money.

SpookySwap price prediction

Wallet Investor is bullish on SpookySwap. They predict a long-term increase. 1 BOO will be worth $63.30 in 5 years. In that time, an investment will generate revenue of around +218%. If you put $100 in SpookySwap, it might be up to $318 in 2027.

SpookySwap on social media

The post SpookySwap soaring after Fantom-Revault integration: best places to buy SpookySwap appeared first on Coin Journal.

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Lucky Block Price is surging today, up 37%: here’s where to buy it

The live Lucky Block price today is $0.006 with a 24-hour trading volume of $8.7 million. Lucky Block has added more than a third to its value in the last 24 h. If you are attracted to unique features and want to learn how and where to buy it, this guide is for you.

Top places to buy Lucky Block now

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

1. Buy BNB on a regulated exchange or broker, like Binance ›

We suggest Binance 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 BNB 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 SushiSwap DEX

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

4. You can now swap your BNB for LBLOCK

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

What is Lucky Block?

It aims to create a global lottery system where players use blockchain protocols. Its focus is on further transparency and fairness in gaming.

They want to create a lottery where every player enjoys better odds while providing a solid investment strategy for token holders and contributing to the community.

Blockchain technology allows for near-instant prize pay-out alongside full tracking and recording, regardless of the win size via Distributed Ledger Technologies. In addition, blockchain certifies both players and their tickets, reducing the likelihood of information loss, destruction or tampering.

Lucky Block will reduce draw times and allow multiple draws per day, giving players more chances to win while lowering costs per lottery. In addition, low margin operations will allow players to partake in lotteries aligned with their risk appetite for better odds.

Should I buy it today?

The crypto is surging on news of several listings, but it suffered a crash recently and is very far from its all time high of $0.02. Take all investment advice with a grain of salt.

LBLOCK price prediction

Price Prediction forecasts a minimum price of $0.007 in 2023. However, they predict the Lucky Block price can reach a maximum of $0.009. In 2024, 1 LBLOCK will trade for at least $0.01, topping its ATH.

It can go up to $0.012 with the average trading price of $0.011. 1 Lucky Block is expected to reach at least $0.015 in 2025.

Lucky Block on social media

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