Schlagwort: crypto business

Veröffentlicht am

UniSwap (UNI) price steady as DigiToads (TOADS) price rises in 1, 2 & 3 presale stages

  • The third stage of DigiToads presale is over 97% sold out.
  • The current price of the TOADS token is $0.016.
  • TOADS token is expected to list on Uniswap once the presale ends.

The price of the TOADS token is rising with every DigiToads presale stage, which is quite a proposition for those looking forward to investing in the project before it lists on Uniswap.

The presale stages are quickly selling out seeing that the third presale stage is now more than 97% complete. You can participate in the presale here.

At the current rate, it is just a matter of time before it gets listed on Uniswap decentralized exchange whose native token UNI has been performing quite well this year. On that note, it is worth noting that there hasn’t been any major Uniswap exploit so far this year contrary to 2022 when we witnessed an $8 million Uniswap Phishing Attack.

Is DigiToads (TOADS) a good investment?

So many new ICOs are constantly making the rounds in the crypto market. This could make it challenging for investors to decide on a viable project to invest in, especially because of all the hype and FOMO surrounding the launch of new crypto projects. However, DigiToads (TOADS) is likely to bring a change to that.

While disappointments have become a constant in crypto investment, DigiToads (TOADS) promises real goals and anticipation for its investors and users in its whitepaper. There is something for everyone. Within a few weeks of launching the first presale stage, DigiToads (TOADS) has successfully concluded three presale stages showing its rising popularity among crypto investors.

The increased DigiToads (TOADS) hype since the beginning of the presale shows that people are generally excited about the project. Generally, investors are usually psyched up for ICO projects that offer actual utility to their users.

What is TOADS?

TOADS is the native cryptocurrency of the DigiToads platform. It is a meme coin created with the Ethereum blockchain. It is designed to function as a utility token within the DigiToads ecosystem besides giving holders an opportunity to trade it on secondary markets.

The DigiToads platform, on the other hand, is a Web3 game that aims to create rewards for community members through trading contests hosted monthly. These trading contests will serve the double purpose of increasing the number of users and the daily trading volume within the DigiToads community.

DigiToads (TOADS) prospects as Uniswap listing approaches

UniSwap (UNI) is one of the most popular decentralized exchanges on the Ethereum blockchain. It eliminates the need for third-party interference in crypto transactions meaning transfers can be made from anywhere worldwide while maintaining anonymity and security for the sender and recipient.

While Uniswap was a victim of a targeted $8 million Phishing Attack last year, the exchange remained strong even after the hack and the price of its native token has also remained steady. The DEX has proved its stability through the years, which is why most new crypto projects including DigiToads target Uniswap as their first native token listing.

Listing on Uniswap offers exposure to quite a vast DeFi market offering tokens like DigiToads’ TOADS token great exposure within the DeFi industry.

The post UniSwap (UNI) price steady as DigiToads (TOADS) price rises in 1, 2 & 3 presale stages appeared first on CoinJournal.

Veröffentlicht am

eToro announces an educational partnership with Twitter

Key takeaways

  • Twitter has partnered with eToro to promote financial education on its platform. 

  • Twitter users can leverage the $Cashtag feature to instantly see real-time prices for a far wider range of stocks, crypto and other assets.

  • The $Cashtag feature has already recorded more than 420 million searches since the start of the year. 

eToro partners with Twitter on financial education

eToro, the social trading and investing network, announced on Thursday, April 13th, that it has partnered with Twitter to boost financial education.

According to the press release shared with Coinjournal, the partnership would allow Twitter users to instantly see real-time prices for a far wider range of stocks, crypto and other assets when using the new $Cashtags feature.

eToro added that Twitter users searching using a $Cashtag symbol currently see live price charts for a select few financial assets. The team added that following the announcement of this partnership, the st of $Cashtags that produce live price charts will be hugely expanded.

Twitter users would also be able to click through to the eToro platform to see more information on the asset and have the option to invest. eToro added that the partnership would cover $Cashtags representing a wide range of instruments on the eToro platform, from stocks and ETFs to crypto and commodities. 

While commenting on this latest cryptocurrency news, Yoni Assia, CEO and Co-Founder of eToro said;

“Financial content on social media has provided education to many who have felt excluded by more traditional channels. Twitter has become a crucial part of the retail investing community – it’s where millions of ordinary investors go every day to access financial news, share knowledge and converse. As the social investing network, eToro was built on these very principles – community, knowledge-sharing and better access to financial markets. There is power in shared knowledge, and by transforming investing into a group endeavour, we can yield better results and become more successful, together.”

Twitter’s $Cashtag feature has more than 400 million searches

The social media giant added pricing data for $Cashtags in December last year, and the feature has already gained massive adoption. There have been more than 420 million searches for $Cashtags since the start of the year, with an average of  4.7 million $Cashtag searches a day

Chris Riedy, Vice President, Global Sales & Marketing at Twitter, commented that; 

“Twitter is what’s happening and what people are talking about right now. We believe real change starts with conversion, and finance and investing are a growing part of that conversation. We are pleased to partner with eToro to provide Twitter users with additional market insights and greater access to investment capabilities. Twitter will continue to invest in growing the #FinTwitter community.”

eToro is a social investment network that empowers people to grow their knowledge and wealth as part of a global community of investors. eToro was founded in 2007 with the vision of opening up the global markets so that everyone can trade and invest in a simple and transparent way.

eToro has been expanding in recent months. In August 2022, eToro completed the acquisition of fintech startup Gatsby following approval by The Financial Industry Regulatory Authority (FINRA). eToro acquired the fintech startup in a deal worth $50 million.

The post eToro announces an educational partnership with Twitter appeared first on CoinJournal.

Veröffentlicht am

FTX considering relaunching in Q2 after asset recovery

  • Bankrupt FTX has reportedly recovered $7.3 billion in assets.
  • The embattled crypto exchange is considering relaunching in Q2, 2023.
  • FTX is currently embroiled in US Bankruptcy court proceedings.

In what could be a dramatic turn of events, the FTX cryptocurrency exchange during Bankruptcy court hearing on Wednesday reported it has recovered $7.3 billion in cash and cryptocurrency assets.

The asset recovery shows the exchange has recovered an additional $800 million since January according to the company’s attorney who provided the details during the court hearing.

FTX to relaunch in Q2, 2023

In yet another positive news for the embattled crypto exchange, the company’s attorney during the court hearing said that the exchange is considering a relaunch in Q2.

The FTX collapse remains the biggest and most controversial financial scandal within the crypto space although a number of top executives including its founder and former CEO Sam Bankman-Fried (SBF) are facing trial for their contribution in bringing down what was once the largest cryptocurrency exchange.

The collapse sent shockwaves across the entire crypto industry and caused the collapse of several other crypto firms/projects including Celsius and Voyager Digital Ltd. Its relaunch would therefore probably offer some reprieve for its customers who have been waiting for almost half a year now to access their funds.

Although the company’s attorney has indicated that the exchange could relaunch this year, it is not yet clear if the company will seek to rebrand or will relaunch as FTX. All eyes remain on the court proceedings after the positive news.

The post FTX considering relaunching in Q2 after asset recovery appeared first on CoinJournal.

Veröffentlicht am

Warren Buffett still sees bitcoin as a ‘gambling token’

  • Bitcoin is up again following the U.S. inflation data on Wednesday.
  • Warren Buffett reiterates that BTC doesn’t have any intrinsic value.
  • BTC is currently up a whopping 80% since the start of the year.

Bitcoin has climbed a whopping 80% since the start of the year but the “Oracle of Omaha” is still not convinced that it’s an investable asset.

Buffett reiterates his view on Bitcoin

Legendary investor Warren Buffett continues to see the bitcoin as “rat poison squared”. Spending money on it, he reiterated today, is more akin to gambling than investment.

Bitcoin is a gambling token and it doesn’t have any intrinsic value, but that doesn’t stop people from wanting to play the roulette wheel.

Buffett is one of the most notable critics of cryptocurrencies at large.

Interestingly, though, his conglomerate Berkshire Hathaway increased its stake just a day earlier in Sumitomo Corp despite the Japanese trading company’s affiliations with Ripple.

Bitcoin is up after the U.S. inflation data today

Bitcoin is trading comfortably above the $30,000 level on Wednesday following the update from the U.S. Bureau of Labour Statistics which confirmed that inflation continued to ease in March.

And Buffett agreed that there’s no telling when the upside will exhaust. On CNBC’s “Squawk Box”, he said:

That’s predicting when speculation will end, when gambling instinct will go away, when more people would want to get out. If I were good at that, I’d make a lot of money in different things.

Remember that the total supply of bitcoin is scheduled to have in April or May of next year – an event that’s historically unlocked more upside in BTC.

The post Warren Buffett still sees bitcoin as a ‘gambling token’ appeared first on CoinJournal.

Veröffentlicht am

AVAX price outlook: key indicator points to new momentum

  • AVAX is trading around $18.44 and could rally to $30 with fresh upside momentum.
  • On-chain data shows a jump in social volume and sentiment, suggestng uptick in retail activity.
  • Avalanche recorded a 62% jump in daily active users last week.

Avalanche price is up 1.5% at the time of writing, and just over 14% in the past one month. 

While the token of this Ethereum competitor has not seen a major price uptick compared to some of the top coins by market cap, on-chain data suggests a fresh catalyst is likely to see AVAX/USD soar.

Avalanche (AVAX) price- on-chain metrics signal bullish outlook

Avalanche, according to one on-chain metric, is flashing signals of a new upward momentum. Santiment, in a brief assessment of the Avalanche social volumes indicator, says current sentiment for this coin has been higher than when AVAX price rose to its year-to-date highs of $21 in February.

The increase in social volume as well as positive weighted sentiment for Avalanche during the latest pullback provides for a bullish outlook for the cryptocurrency, Santiment noted.

According to the on-chain data platform, AVAX/USD saw “minimal social volume and sentiments were stagnant,” during the run to $21. The difference between then and now is clear in terms of the sharp increase in these metrics.

As such, Avalanche is poised for a potential uptick in retail buying, an outlook that could spell a period of sustained gains for the tokens.

“This is an interesting trend, as social volumes have significantly increased, suggesting a potential leading indicator that will be picked up by retail segment in price movement in coming near future,” Santiment noted as it commented on the price movement of AVAX.

On 10 April, Web3 platform Token Terminal shared details on Avalanche that showed daily active users on the network had spiked by more than 62% over the past week.

Avalanche currently trades around $18.44 and could jump 22% to hit the February peak. The next target would be $30, which would mean a 64% jump from current levels.

The post AVAX price outlook: key indicator points to new momentum appeared first on CoinJournal.