Schlagwort: crypto market news

Apart from news of the airdrop of a lucrative new token called Biswap (BSW), the cryptocurrency is surging on a Binance and Mandala exchange listing.  

If you are attracted to unique features and want to learn how and where to buy Biswap, this guide is for you.

Top places to buy Biswap now

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

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

What is Biswap?

Biswap is a decentralized exchange (DEX) running on Binance Smart Chain. It is the first DEX with a three-tier referral system. It has a GameFi Dapp and low transaction fees (0.1%). Part of the funds generated will be used to buy the token back and burn it.

According to its technical documentation, Biswap aims to become a DEX platform benchmark. They aim to be the leader in the token swap market.

The platform is committed to providing the DeFi space with fairness, value, and innovation through high-quality products and services. The exchange is safe and fast and makes it possible for all kinds of users to swap and earn tokens.

None other than Binance Labs, the venture capital arm and incubator of the biggest exchange by trading volume, has made strategic investments in Biswap. This was done with the purpose of creating even more high-quality services and products, technological innovation, and further global expansion.

Should I buy Biswap today?

Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never make any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.

Biswap price prediction

Analysts differ on their price predictions. Wallet Investor finds BSW a high-risk, one-year investment option. They warn any investment made in Biswap now risks future devaluation.

Digital Coin Price does not share this view. They make the following BSW min-max price forecast. At the time of writing, BSW was trading for $0.84:  

• 2022: $1.03 – $1.19
• 2023: $1.11 – $1.38
• 2024: $1.03 – $1.44
• 2025: $1.45 – $1.72

Biswap on social media

1. #Biswap $bsw
2. #Clearpool $cpool
3. #EpicCash $epic
4. #Ariva $arv
5. #SpellToken $spell
6. #Counterparty $xcp#CrypfographicsTopGainer24h pic.twitter.com/EFXmplPm16

— Crypfographic (@Crypfographic) March 21, 2022

 

The post Biswap is up 84% on news of prominent listings and airdrop: where to buy Biswap appeared first on Coin Journal.

Bitcoin (BTC) was holding above $41,000 on Monday evening following an intraday dip towards the $40k support as risk-off sentiment returned to the market.

After rallying to highs of $42,250 over the weekend, bulls found it difficult to sustain the momentum.

Marcus Sotiriou, an analyst at UK-based digital assets broker GlobalBlock said on early Monday that the retracement in BTC price was down to “fears surrounding the Russa-Ukraine war.” 

He pointed to heightened threats from Russia about the situation in Ukraine’s city of Mariupol and reports of mercenaries seeking to assassinate President Zelensky as major concerns.

“These events have lead to a risk-off sentiment for global markets this morning, as the Dollar Index climbed whilst Bitcoin and equities sold off,” Sotiriou said in a note as Bitcoin struggled below $41,000.

BTC slips after Fed Chair comments

Market deals late Monday had more than $20 million in BTC longs liquidated, with most of the pain coming after comments from US Federal Reserve Chair Jerome Powell reached the market.

In his remarks at the National Association for Business Economics, Powell stated that the Fed was ready to initiate an aggressive approach towards addressing inflation.

The Fed Chair noted that the central bank could go for a 50 basis points rate hike as soon as May, jolting risk-off sentiment among investors. As Wall Street posted a negative reaction, a similar move materialised across the Bitcoin market to see BTC slip to lows of $40,600.

It means bulls are still finding it hard to flip the immediate resistance levels around $42k-$44k into support. Taken the other way round, it suggests bears still hold the upper hand around these supply zones.

A ‘healthy’ pullback but bulls must need to hold $40k

Mikkel Morch, Executive Director at digital asset hedge fund ARK36 remains bullish on BTC though, noting in a comment that the retracement appears to be a “healthy” pullback following last week’s upside.

“Even though Bitcoin has retraced a bit after tagging $42K over the weekend, it still managed to close the week well above $40K and is currently holding the $41K levels. Such a retrace seems healthy after a notable move up over the past week,” he noted.

Pseudonymous crypto analyst Credible Crypto thinks Bitcoin will need to break above $42,500 to have a better chance of rolling higher. If that fails, he predicts a scenario where the main support would be in the $29k-$32k zone.

Still need to break 42.5k to get the ball rolling, as PA has developed over the last couple of days either of these scenarios would be valid/logical for the triangle structure. We are very close imo. $BTC https://t.co/TxOo251YHI pic.twitter.com/1EsteKBNcM

— Credible Crypto (@CredibleCrypto) March 21, 2022

It’s a perspective Morch also sees developing if buyers do not hold above $40k for a continuation move. However, he is optimistic of a rebound to the recent high, with a breakout above the weekly barrier likely to bring into focus the target at $46k.

“As long as BTC stays above $40K, there is a good chance of continuation. However, we can only hope for a more sustained leg up if the bulls manage to reclaim the resistance at $46K. Until then, the choppy short term movements may still continue for some time,” added the hedge fund manager.

Bitcoin was trading around $41,008 late Monday.  

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Major cryptos were in the red over the past 24 hours. The three major US indices all surged last week as a slowdown in the Russia-Ukraine war showed tentative signs that a peace process may be beginning.

The UK100 returned to positive for 2022 last week, posting rises of 4.18% over five days.

Top cryptos

Ethereum and BNB slid around 2%, Cardano and Solana were down approximately 3%. Avalanche was a notable exception, up by more than 4%. Bitcoin was trading just over $41,000 at time of writing, down less than 1% over the past 24 hours.

Top movers

Ethereum Classic is becoming extremely profitable to mine. The native token of the longest-running smart contract platform has added just under 25% to its value in the last 24 hours.

At #48, the much-hyped ApeCoin is beginning to decline. It lost 4.88% today, but its weekly gains are 956.79% according to CoinMarketCap.

At #100, Bitcoin Gold gained around 17% today. Its price has increased by 25% in the last year, in which time it outperformed more than two-thirds of the top 100 crypto assets. 

Kusama is on the side of the gainers with 7%. Dash is up 11%. OKB has lost 6%.

Trending

The biggest gainer today is HydraMeta (HDM), a platform that allows users to buy and sell in different blockchain markets without transferring to other cryptocurrency wallets. This reduces the fee rate generated by cross-chain transactions.

The live HydraMeta price today is $0.00016. It’s up 171% in the last 24 hours.  

The token of SuperRare NFT platform, RARE, surged 39% on news of an upcoming drop.

The cryptocurrency COS, which runs on the BNB Beacon Chain platform, gained 24% on news that http://COS.TV is no longer in Beta. It has gone live.

The post Highlights March 21: Major cryptos slide, US indices surge appeared first on Coin Journal.

The cryptocurrency COS, which runs on the BNB Beacon Chain (BEP2) platform, gained 24% on news that http://COS.TV is no longer in Beta, among other positive developments. It officially launched according to their official Twitter channel.

Look no further than this short article if you want to know what COS is, if it’s worth investing in, and the best places to buy COS now.

Top places to buy COS now

Swapzone

Swapzone is a crypto exchange aggregator that operates as a gateway between the cryptocurrency community and exchange services. Swapzone aims to provide a convenient interface, safe user flow, and crystal-clear data for users to find the best exchange rates among the whole cryptocurrency market.

Buy COS with Swapzone 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 COS with Wazirx today

What is COS?

COS is the native token of Contentos, a platform that aims to build a decentralized digital content community. They are on a mission to produce, distribute, reward, and trade content freely, but without compromising authors’ rights.

The ecosystem strives to encourage content creation and global diversity and give users their content value and rights back.

Users of Contentos have a credit score, which is calculated based on their contributions. By receiving compensation for their work, users are incentivized to share and promote contents to the right audience.

Creation value and rewards are transparent and open with a decentralized revenue system. To ensure full traceability of copyright transaction and authentication, the ecosystem uses the latest blockchain technology.

Should I buy COS today?

COS 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.

COS price prediction

GOV Capital is quite bullish on the token. They predict it will be worth $0.04 in a year, which is about four times its current value. In 5 years, COS will change hands for $0.14.    

COS on social media

That was a nice pump #contentos pic.twitter.com/ztvbyy4njo

— SHUBHAM RANA (@iranashubham) March 21, 2022

The post COS skyrockets on launch of COS.TV: Best places to buy COS now appeared first on Coin Journal.

The SuperRare ecosystem announced on Twitter that holders of the native RARE token have one day left to vote for the next independent galleries to be featured on SuperRare. Voting closes on March 21 at 9pm PST. At the time of writing, RARE had added 39% to its value.

If you are attracted to unique features and want to learn how and where to buy RARE, this guide is for you.

Top places to buy RARE now

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

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

What is RARE?

SuperRare is a leading NFT platform with around $90 million worth of digital art collected to date. In its 1.0 version, the team of SuperRare selected artists to mint their works on a shared smart contract as SuperRare NFTs.

With verison 2.0, this changed by introducing independently running storefronts, web-scale curation, and sovereign minting contracts for the artists to promote, mint, and sell their works directly to collectors.

With the goal of progressive decentralization, SuperRare shifted governance and ownership of the network to the community. It is a DAO that allocates funds from the Community Treasury, oversees key platform parameters, and votes on proposed improvements to the protocol and network.

Should I buy RARE today?

Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never take any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.

RARE price prediction

Tech News Leader predicts SuperRare can go up to $0.93 by the end of this year. In 5 years, 1 RARE will trade for $2.69. In a decade, 1 RARE will be worth $17.43.

RARE on social media

$RARE is going crazy! 70% pump since buy signal printed on the one hour chart.
What’s going on here? Anybody knows why it’s pumping? #superrare #RARE pic.twitter.com/jIQjDpBDgU

— Sam Mti (@MTI_Trading) March 20, 2022

The post SuperRare pumps on unique upcoming NFT drop, up 39%: here’s where to buy RARE appeared first on Coin Journal.