Key TakeawaysEthereum has fallen against Bitcoin thus far this yearThis is unusual as the market has risen, and altcoins tend to outperform Bitcoin in bull marketsNonetheless, Bitcoin maxis represent everything that is and about the space, writes our Analyst Dan AshmoreTheir celebrations also forget the fact that Ethereum has still crushed Bitcoin over the past five yearsDespite Ethereum’s outperformance, Ashmore explains why Bitcoin remains the only crypto asset for him, despite his disdain of Bitcoin maximalismI am a <a href="https://coinjournal.net/bitcoin/">Bitcoin</a> investor. But there are few things more toxic in the cryptocurrency space than Bitcoiners persecuting others for investing in different coins. Of course, the people who do this are only a tiny minority. Colloquially known as Bitcoin maximalists, this group are just <em>so damn loud and aggressive </em>that it makes it seem as if they are plenty in number. They’re not.Do I personally invest in cryptos beyond Bitcoin? Not really, beyond a bit of fun on the side. I’m a bit of a boomer investor and hence altcoins have never made it into my long-term portfolio. But that doesn’t mean I have to spend my nights berating people online for whatever they do with their money. It’s really strange behaviour. Ethereum the biggest target<a href="https://coinjournal.net/ethereum/">Ethereum</a>, being the second biggest cryptocurrency on the planet, is naturally the biggest target of these maxis, who typically travel in packs through the virtual world, but are rarely seen outside of the Internet in broad daylight.  And Ethereum is the reason I am crafting this piece today because Twitter, which is the always-positive kingdom in which these maxis are most commonly found, is alive with celebrations that Bitcoin is accelerating against Ethereum, with the latter falling sharply in the last few days and close to its lows this year against Bitcoin. A couple of things on this. And again, I am a Bitcoin investor so I don’t really have any reason to be biased here (or if anything, I do in the opposite direction). But sharing the 2023 chart is guilty of a little bit of cherry-picking. It is no secret that over the last few years, throughout the bull market surge of the pandemic years in 2020 and 2021, Ethereum has absolutely crushed Bitcoin. Since April 2020, it is up 2.53X against Bitcoin, to be precise. Ethereum, like most altcoins, tends to outperform Bitcoin in bull markets and underperform in bear markets. This is no secret and makes intuitive sense – it is further out on the risk spectrum and essentially trades like a levered bet on Bitcoin. Nothing mind-blowing in that. And hence it makes sense that Bitcoin lagged Ethereum during the bull market of 2020 and 2021. But look at the below chart since Bitcoin’s all-time high in November 2021 (we can use this as the marker for the top in the crypto market): it’s been quite steady, down only 3.5%, a near-negligible number in the volatile world of cryptoland. The fall of ETH vs BTC in 2023 also doesn’t really look overly dramatic with a bit of zooming out and a wider y-axis. It’s all about perspective, right? So ETH crushed BTC in the last bull market, and has more or less tracked it in the bear market. By all accounts, it is not much cause for celebration for the maxis. Why am I holding Bitcoin?It begs the question: why am I holding Bitcoin over Ethereum? Well, I believe in the asymmetric return profile of Bitcoin and I like the way it fits in with my portfolio. I am a boomer investor at heart, a lover of diversification and a big fan of the old portfolio allocation studies. Stocks are and always have been the cornerstone of my portfolio, but Bitcoin presents as a nice diversifier, alongside some other asset classes.I’m also not as bullish on Ethereum long-term. Put frankly, I am not sure I understand it fully yet. My knowledge of Bitcoin is deeper and, since I entered the space in 2017, I have been intrigued by its macro implications and how unique it is. Ethereum is more technical…

Bitcoin and other financial assets now have a Credit Suisse problem.Credit Suisse credit default swaps signal that the company could collapse.Credit Suisse stock price plunged by 20% and reached a record low.Bitcoin price came under intense pressure on Wednesday as the banking sector came under a significant strain. BTC pulled back from the year-to-date high of $26,548, to a low of $24,526. It has retreated by ~7.8% from its highest point this week.Credit Suisse crisis deepensBitcoin price has been in a strong bullish trend in the past few days as investors reacted to the ongoing performance in the banking sector. After falling to a low of $19,500 last week, the coin made a spectacular recovery as it jumped to a high of $26,548. This rally happened after America’s regulators decided to bailout key banks like Silicon Valley Bank (SVB) and Signature Bank. They decided to provide a backstop for their depositors, many of whom were companies in the crypto industry, as we wrote here.The most important part of the bailout was the fact that it saved USD Coin, the second-biggest stablecoin in the world. Circle, the parent company of USDC, had over $3.3 billion deposited in the company. If it had failed, the ripple effect on the crypto industry would have been dire.Now, it seems like we have another bank crisis. Credit Suisse stock price plunged by more than 20% after the company lost confidence of another key investor. Earlier this month, the company’s biggest shareholder, Harris Associates, decided to sell its entire stake. And on Wednesday, Saudi National Bank said that it will not provide more finance to the company. Therefore, there are significant risks that the company will fall. Indeed, its credit default swaps have risen, signaling that investors expect the bank to fall.A collapse of Credit Suisse would have some positives for Bitcoin prices. For one, it will lead to a pause in interest rate hikes by the Fed and other central banks.Bitcoin price forecastMediaThe BTC/USD price soared to a high of 26,548 on Tuesday and then pulled back to a low of 24,102. As it dropped, BTC moved below the key support level at 25,275, the highest point in February. On a positive note, the pair’s 50-day and 100-day moving averages have formed a bullish crossover. The coin has also formed what looks like a small head and shoulders pattern. Therefore, I suspect that it will continue falling in the next key support at $23,000. A move above the key resistance point at 25,275 will invalidate the bearish view.How to buy BitcoineToroeToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.Buy BTC with eToro today Disclaimer PublicPublic is an investing platform that allows you to invest stocks, ETFs, crypto, and alternative assets like fine art and collectibles—all in one place.Buy BTC with Public today Disclaimer The post Bitcoin price recovery at risk amid new Credit Suisse crisis appeared first on CoinJournal.

via CoinJournal: Latest Bitcoin, Ethereum & Crypto News https://ift.tt/teY8Fkp

Key takeaways;The US Government wants to halt the $1 billion deal between Binance.US and Voyager Digital.The government said the deal should be on hold while key legal objections are ironed out.Binance looks prime to acquire Voyager Digital’s assets after FTX’s collapse in November.Government seeks to halt the Voyager-Binance.US dealThe United States government revealed in a filing on Tuesday that it wants the $1 billion deal offered by Binance.US to buy assets of bankrupt crypto lender Voyager to be put on hold until key legal objections are ironed out. This latest cryptocurrency news comes after an appeal by the U.S. Trustee, a branch of the Department of Justice responsible for bankruptcy cases. The US Trustee has concerns that the deal would ensure that Voyager and its staff would not be held responsible for breaches of tax or securities law.The filing by U.S. Attorney Damian Williams said;“The Court cannot tell the Government to speak now or forever hold its peace before Voyager and Binance.US wed. Nothing in the Bankruptcy Code permits courts to exculpate parties from liability to the Government for past and future conduct.”According to Williams, the approval of the deal should be paused, or at least the parts which limit the US Government’s ability to enforce the law, until appeals are properly addressed in higher courts. Binance.US looks set to complete Voyager Digital’s acquisitionThe appeal comes a week after New York bankruptcy judge Michael Wiles approved the deal. The judge showed considerable skepticism of arguments from the Securities and Exchange Commission, which argued that Voyager’s VGX token might be an unregistered security.Last month, Voyager Digital sold some of its assets through the US-based cryptocurrency exchange Coinbase.The company received roughly $100 million in the USD Coin (USDC) stablecoin for sales of several tokens, including Shiba Inu, Ethereum and the native Voyager Token.Binance.US took the prime position to acquire Voyager Digital’s assets after the collapse of FTX. FTX previously agreed to acquire Voyager Digital before the collapse of the cryptocurrency exchange.The post The US Government wants the Voyager-Binance deal to be halted appeared first on CoinJournal.

via CoinJournal: Latest Bitcoin, Ethereum & Crypto News https://ift.tt/xaJOsvz

Wilmington, Delaware, 15th March, 2023, ChainwireNFTonPulse.io has announced the launch of its innovative NFT marketplace, designed to be the ultimate destination for NFT enthusiasts, artists, and collectors.After more than 15 months of development, NFTonPulse is ready to go live. The marketplace, now in beta on the Goerli Ethereum testnet, will soon launch on the PulseChain network, putting creators and collectors at the forefront of the ever-growing NFT ecosystem.NFTonPulse’s launch on PulseChain will enable lightning-fast transactions, easy NFT creation, and a simplified platform that makes it easy for everyone to participate in the NFT market. By saying goodbye to gas fees and introducing lazy minting, NFTonPulse lets creators create gas-free NFTs and set their own royalty percentages. At the same time, collectors can easily build their NFT collections.To celebrate the launch of NFTonPulse, HowToPulse is offering an airdrop of their HTP token to early adopters of the platform. The launch of NFTonPulse is a fantastic opportunity for NFT enthusiasts, artists, and collectors to experience the future of NFTs and potentially receive HTP.NFTonPulse makes it easier than ever to create and list NFTs in seconds. Low minting fees mean creators can generate more income from their NFTs. The marketplace was designed to benefit both creators and collectors, with the fees from NFT creation going into the HTP staking pool.The fees generated by NFT sales on NFTonPulse go into the HTP Staking Pool, and creators can earn 100% of the marketplace fees by staking their HTP tokens in the staking pool. The HTP token will serve as a utility token on platforms and dapps built on PulseChain, carrying forward their vision of “more accessible decentralized dapps with beliefs of financial freedom and the right to ownership.”Since launching in 2021, HowToPulse has attracted 250,000 visitors. The core team has been working tirelessly to develop dapps for the future of Web3. As a result, the community has seen tremendous growth, with 15,000 members on social media. This drive and knowledge led to the creation of NFTonPulse.As NFTonPulse grows, more and more creators will be able to profit from their art. The team is grateful for the support it has received so far and is excited to see what the future holds for the community with the launch of NFTonPulse.For more information about NFTonPulse, visit: https://nftonpulse.io/Join NFTonPulse on Twitter, Telegram, and Youtube to stay up to date on their announcements.About NFTonPulseThe HowToPulse team is dedicated to revolutionizing the NFT industry and providing best-in-class tools and services to help NFT enthusiasts, artists, and collectors succeed in the NFT ecosystem. With NFTonPulse, HowToPulse is leading the charge for NFT innovation and is excited to see what the future holds.ContactMichael Francis, info@nftonpulse.ioThe post HowToPulse.com Launches NFTonPulse.io, a Brand New NFT Marketplace appeared first on CoinJournal.

via CoinJournal: Latest Bitcoin, Ethereum & Crypto News https://ift.tt/vbgdCGD

Cathie Wood says crypto had “nothing to do” with SVB and Signature Bank collapses.Rather, it’s Fed policy that “caught many regional banks offside.”According to her, the banks suffered as a result of assets/liability mismatch.Cathie Wood, the founder and CEO of ARK Invest, says <a href="https://coinjournal.net/cryptocurrencies/">crypto</a> isn’t responsible for the failed Silicon Valley Bank (SVB) and Signature Bank, which was <a href="https://coinjournal.net/news/new-york-banking-authorities-shut-down-crypto-friendly-signature-bank/">shut down</a> by US authorities last Sunday.Rather, she contends that the bankruptcies of Silicon Valley Bank and Signature Bank were a result of the Federal Reserve’s policy. She believes that the lack of venture capital funding and higher yields on money market funds led to a reduction in deposits in the US banking system, contributing to the banks’ financial troubles.Wood: the Fed caught many regional banks offsideAccording to the highly respected asset manager and investor, the banks’ struggles are not due to crypto but down to regulatory and systemic issues, with many banks caught unawares after the surplus money flows of the COVID-19 era.“<em>Crypto had nothing to do with the banks’ investment decisions, nor the Fed’s decision to jack up interest rates 19-fold in less than a year. Incorrectly assuming that it was fighting a seventies-style inflation, the Fed caught many regional banks off sides with unrealized losses</em>,” she argued.In a <a href="https://twitter.com/CathieDWood/status/1636178306209923072">Twitter thread</a> posted on 16 March, the ARK Invest executive noted that despite the yield curve inverting in July 2022, and with credit default swaps “<em>flashing red</em>”, the Fed maintained its upward rates trajectory. In her view, the Fed failed to take note of unwinding inflation indicators, including commodity prices. “<em>I am baffled that banks and regulators could not convince the Fed that disaster loomed. Did they not understand that the asset/liability mismatch – normal in most circumstances for banks – was untenable as deposits left the banking system for the first time since the 1930s?</em>,” the ARK Invest CIO added.The asset/liability duration mismatch – securities earning only 1-2% vs. deposits paying 3-5% – became untenable as deposits started leaving the system. Like SVB, some banks were forced to sell HTM securities, recognizing losses that depleted their equity accounts.— Cathie Wood (@CathieDWood) <a href="https://twitter.com/CathieDWood/status/1636178312841003008?ref_src=twsrc%5Etfw">March 16, 2023</a>Commenting on what happened last week, with the government shutting Signature Bank after SVB’s collapse, Wood says that all this is just about regulators trying to scapegoat crypto. In her opinion, cryptocurrency is “<em>the solution to central points of failure, opacity, and the regulatory mistakes</em>.”Wood’s comments came as House Republican Whip Rep. Tom Emmer, said he had written to FDIC Chairman Martin Gruenberg about reports the agency was “weaponizing” the instability witnessed in the banking sector to purge cryptocurrency activity from the United States. If you are correct, Congressman, then the FDIC and others will prevent the US from participating in the most important phase of the internet revolution. Like you, I believe regulators are using crypto as a scapegoat for their own lapses in oversight of traditional banking. <a href="https://t.co/UDh3bwB2pB">https://t.co/UDh3bwB2pB</a>— Cathie Wood (@CathieDWood) <a href="https://twitter.com/CathieDWood/status/1636178266510721024?ref_src=twsrc%5Etfw">March 16, 2023</a>Wood believes this scapegoating could see the US miss out on what is likely the most important innovation so far.The ARK Invest CEO also commented on the overall market performance of cryptocurrencies amid the banking sector fallout. According to her, crypto acted more like safe haven assets as bank stocks tanked.As highlighted <a href="https://coinjournal.net/news/bitcoin-hits-26k-as-investors…

BitDAO’s BIT price was little changed on Thursday after the developers unveiled a new proposal for adjusting Bybit’s contributions to its treasury. The goal of this proposal will be to improve the token’s tokenomics and lead to more decentralization. BitDAO proposes new Bybit contribution mechanismIn a statement, BitDAO, one of the biggest decentralized autonomous organizations (DAO), said that a core contributor had submitted a key proposal that will change its tokenomics. The proposal primarily targets the contributions made to Bybit, one of the biggest cryptocurrency companies in the industry. The main part for the new adjustment will be to modify the Bybit contributions from a dynamic exchange-linked amount to a fixed scheduled amount for over 4 years. The schedule will start at 120 million BIT per month. To boost its tokenomics, the amount will halve every year. Further, the new changes will help to retain Bybit’s contributions in the community instead of burning them. Burning is a process of removing tokens from circulation by locking them in an unopenable or inaccessible account. Why this upgrade mattersThe upgrade will have numerous outcomes. For one, it will help to increase the stability and predictability of BIT’s tokenomics. This will happen by having a clean schedule of Bybit’s activities going forward. Further, it will lead to more decentralization of BIT’ holdings and overall governance. Most importantlt, it will reduce the number of BIT in circulation from about 6 billion to 3.3 billion in the next few years. Reduced supply of tokens tends to have a positive impact on a crypto token’s price. At the same time, BitDAO will have a 1.8x boost for its economics and voting power.Bybit is an important part of BitDAO’s community. Over the years, it has contributed over $600 million USDT/USDC and 177k Ethereum to BitDAO Treasury. The statement said:“BitDAO will continue to partner with Bybit in terms of product ideation, bootstrapping product development, BIT integration, and product distribution.”The post BIT price flat as BitDAO seeks to change Bybit’s contributions to treasury appeared first on CoinJournal.

via CoinJournal: Latest Bitcoin, Ethereum & Crypto News https://ift.tt/ai0ue4q

ETHUSD soared to a new high for the year The move was not related to the US dollar$2,000 is a pivotal level for the pairLess than one week before the Federal Reserve (Fed) meeting, the cryptocurrency market reached new highs for the year. ETH/USD, for instance, just made a new high, trading close to $1,800.It was not because of a soft dollar. Just the contrary, the dollar has been bought across the FX dashboard while the leading cryptocurrencies made a new high for the year. Therefore, investors might find the current levels too depressed and think it is worth investing in.What does the technical picture show for Ethereum now that it has made a new high for the year?MediaETHUSD chart by TradingViewBullish triangle’s measured move points to more upsideETH/USD consolidated in a contracting triangle during the second half of last year. The triangle formed at the bottom of a bearish trend, and when 2023 started, the market broke above its upper trendlineTherefore, the pattern acted as a reversal.Such a triangle has a measure move given by the length of its longest segment. The second segment is the longest, as the triangle is irregular (i.e., the second segment is longer than the first one).It means that if we project the length of it from the end of the triangular pattern, we can find the measured move around $2,200. Moreover, it means that the market should move above the pivotal $2,000 level.On the flip side, the bullish scenario would be invalidated should Ethereum reverses and moves below $1,200.It would be curious if the market would remain uncorrelated with the US dollar. That should concern crypto traders, given that the Fed March meeting is due next week.The post ETH/USD price forecast after reaching a new 2023 high appeared first on CoinJournal.

via CoinJournal: Latest Bitcoin, Ethereum & Crypto News https://ift.tt/Ioxm5AX

Blur is currently the king of NFT marketplaces after it dislodged OpenSea from the top position.Several fake websites have come up after the Blur NFT marketplace announced its airdrop program.The fake websites have so far scammed users about $300,000.TrustCheck, a free, zero-click browser extension that scans Ethereum-based web3 transactions for threats, and stops them in their tracks, has revealed that unsuspecting users have been scammed over $300,000 by fake websites posing as Blur airdrop websites.The scammed users have linked their crypto wallets to malicious wallets. One of the malicious website URLs is said to have faked the ETH Denver conference website and is linked to a notorious phishing wallet address that has stolen over $300,000 to date.Blur AirdropThe real Blur NFT marketplace platform is a newcomer in the NFT marketplace industry and has made headlines by surging to the top position after unseating the OpenSea NFT marketplace and forcing it to implement limited-time 0% fees. Blur has had a boom in user numbers and trading volume buoyed by the platform’s three-phase BLUR token airdrop incentive scheme.Blur conducted its first airdrop awarding BLUR tokens to anyone who traded NFT on Ethereum for the six months leading to the launch of the Blur platform in October 2022. The second airdrop awarded BLUR tokens to traders who listed NFTs on the platform before December 6. The third airdrop which is currently ongoing seeks to award BLUR tokens to users depending on their activity on the platform.From February 15, 2023, Blur started distributing 10% of its total BLUR token supply to users via Airdrops based on their trading activity.BLUR airdrop scamsThe airdrop program has led to a surge in the demand for BLUR tokens something that scammers have taken advantage of by promoting fake BLUR airdrop links that lead to malicious websites.Data shared by TrustCheck show that 24 malicious websites have been involved in the scamming scheme and some of the websites are still functional. NFT users are warned to be careful when connecting wallets to websites especially if it’s a case of the BLUR airdrop.The post Fake Blur airdrop websites steal $300k from unsuspecting users appeared first on CoinJournal.

via CoinJournal: Latest Bitcoin, Ethereum & Crypto News https://ift.tt/oOBnmeA

Tel Aviv, Israel, 16th March, 2023, ChainwireLeading blockchain marketing agency MarketAcross has joined the upcoming Next Block Expo (NBX) as a web3 media partner. Now in its second year, the 2023 edition of the expo will welcome thousands of attendees to the Multikino Złote Tarasy venue in the Polish capital of Warsaw on the 24th and 25th of May.The strategic partnership will see MarketAcross, one of the industry’s most active blockchain PR and marketing companies, manage pre and post-event marketing efforts on behalf of the event, as well as leverage its extensive network to boost the expo’s global visibility.“MarketAcross sees Europe as one of the most interesting markets in the expanding web3 space, and we’re thrilled to continue supporting Next Block Expo and the European builder economy,” said Itai Elizur, the Managing Partner of MarketAcross. “I’m sure this year’s event will be bigger and better than the last.”Next Block Expo is an extension of a previous event series known as the Cryptocurrency World Expo, and this year’s edition will feature over 70 speakers and more than 30 sponsors, exhibitions and partners. A crowd of 2,000+ attendees is expected to witness events over the two-day expo.The schedule features a variety of presentations, keynotes, roundtables and workshops, giving startups, thought leaders and web3 investors the opportunity to discuss current challenges and emerging opportunities.As well as opportunities for in-person networking, the NBX will furnish attendees with access to a smart-networking app where they can locate contacts they need based on a match-making algorithm and schedule one-to-one meetings with other participants. The app can also be used to create a personal agenda for the conference.Elsewhere, the new NBX Pitch Arena will give web3 projects the opportunity to present their ideas and solutions to a group of specialists including VCs, accelerators, incubators and launchpads. An award ceremony will be held to honor the best projects to pitch.Last year’s expo featured representatives from the Ethereum Foundation, Polygon, Delphi Digital, Huobi and Solana, with details on this year’s speakers expected to be announced soon.About  MarketAcrossMarketAcross is the world’s leading blockchain PR and marketing firm, providing a complete end-to-end marketing solution for blockchain and web3 companies around the world. MarketAcross has helped many of the industry’s biggest exchanges and blockchain projects build their brand, among them Polkadot, Solana, Binance, Polygon, Crypto.com, Huobi, and eToro.About Next Block ExpoNext Block Expo is positioned to be one of the biggest web3 events in Europe – content rich event with multiple opportunities for networking, fundraising, lead generation & learning.NBX brings founders, investors and blockchain experts together to redefine & discover the future of web3.ContactItai Elizur, MarketAcross, itai@marketacross.comThe post Leading Blockchain PR Firm MarketAcross Named Partner of 2023 Next Block Expo appeared first on CoinJournal.

via CoinJournal: Latest Bitcoin, Ethereum & Crypto News https://ift.tt/se9OdMg

2023 is the year predicted to be the crypto market’s comeback, with prices in the early part of the year finally beginning to rebound after the torrid time markets faced in 2022. Cryptocurrency price predictions for this year and the coming years are turning bullish, while trading signals platforms like AltSignals are reporting a vast increase in traffic as investors begin to re-open their wallets ahead of expected price increases.An example of this behavior can be found in Polygon’s price prediction, which shows a return to bullish prospects after a year of struggle. This has led to investors asking how high the MATIC token can go in 2023 and what this means for AltSignals’ new ASI token.ASI is launching during a market recoveryBitcoin (BTC) has begun 2023 in a blaze of glory, finally returning to levels over $20,000. As history has shown, where BTC leads, other currencies follow, proving to be the case again in 2023. These gains are symptomatic of a more comprehensive market recovery, which could be seen when the price of MATIC increased by more than 70% at the start of the year.<a href="https://token.altsignals.io/?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal_priceprediction&utm_content=as_members_launch&utm_id=29">AltSignals</a> is already well-established as a market leader in crypto trading signals, boasting a community of more than 50,000 members. It has recently announced the release of a new native ASI token in a presale event that launched in March of 2023. $ASI already has significant built-in utility, which will grow with the release of its new ActualizeAI algorithm and will likely lead to high potential returns for early investors.What is Polygon?Polygon is a DeFi project designed to improve the scalability issues of Ethereum by allowing developers scope to build user-friendly, decentralized applications (dApps) and efficiently scale them to their needs. Benefits to users alongside the ease of scalability are extremely low transaction fees and excellent levels of security.Polygon’s network takes the best features of Ethereum’s blockchain and combines them with other chains to create fully-fledged multi-chain systems. This combination of features ensures that dApps fully benefit from the best parts of Ethereum’s network while providing a fast, more powerful engine for developers to utilize.Polygon (MATIC) price prediction: $2 in 2023?Analysts have been revising their Polygon price prediction upwards for 2023 following the bullish start to the year experienced across crypto markets. This manifests itself in an optimistic cryptocurrency price prediction for MATIC this year.The MATIC token is currently valued at $1.02 and the most bullish analysts aren’t ruling out a return to above $2 levels by the end of the year. However, other Polygon price predictions are more moderate, expecting a value of around $1.80 to $1.85 by the end of 2023.What is AltSignals?Already one of the largest crypto trading communities in Web3, AltSignals consistently provides its vast global community with access to the most sought-after trading signals, a feature that will be turbocharged with its new ActualizeAI capability, which uses machine learning to provide the best trading alpha. Its innovative <a href="https://token.altsignals.io/?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal_priceprediction&utm_content=as_members_launch&utm_id=29">AltAlgo™ Indicator tool</a> is critical in producing this trading alpha, continuously scanning markets in real-time to provide intel on the optimum time to buy and sell currencies.With its intelligence capability covering all major crypto coins, including BTC, Litecoin (LTC), and Ethereum, AltAlgo™ is already a trusted provider of market indications. Backtesting of the tool boasted an outstanding 83.56% success rate on BTC trades and an excellent success rate of 70.09% on ETH trading. These results, alongside a 4.9/5 rating on Trustpilot thanks to almost 500 positive reviews, illustrate why many…

AllianceBlock builds seamless gateways between TradFi and DeFi through its decentralized and trustless infrastructure.ABO Digital is the private digital asset investment arm of Alpha Blue Ocean.The two companies have partnered to offer alternative financing for crypto projects.AllianceBlock has partnered with ABO Digital to offer tokenized structured products for institutions and crypto projects looking for alternative forms of financing. The partnership is another milestone for AllianceBlock in its quest to build seamless gateways between Traditional Finance (TradFi) and Decentralized Finance (DeFi).AllianceBlock will leverage ABO Digital’s decentralized and trustless blockchain infrastructure together with the Nexera Protocol to tokenize financial instruments.Commenting about partnership, Rachid Ajaja, the CEO of AllianceBlock said:“Through this strategic partnership, AllianceBlock is set to revolutionize the industry by leveraging its infrastructure to tokenise traditional financial instruments and new instruments for the digital asset space, taking a giant leap forward in providing institutions with a more compliant and risk-averse way to take advantage of DeFi’s benefits. This partnership marks a significant milestone for both companies and the industry as a whole, demonstrating our commitment to innovation, compliance, and risk management. The future of finance is looking brighter than ever.”  AllianceBlock and ABO Digital’s structured productsABO Digital offers a variety of structured financial products including convertible bonds, debt issuance, and warrants/options, providing the capital startups need to grow their customer and revenue base. It is also exploring the provision of alternative financial investments to institutions through tokenization.The AllianceBlock and ABO Digital’s structured products will provide crypto projects with alternative funding options like issuing tokens to market makers or venture capitalists via a Simple Agreement for Future Tokens (SAFT), to access additional liquidity from institutional capital providers with full compliance.How the structured financial products workUnder the agreement, ABO Digital will negotiate and structure financial instruments depending on a project’s capital and liquidity requirements. AllianceBlock in collaboration with Nexera Protocol’s infrastructure and NexeraID’s identity will tokenize structured financial instruments and convert them into Actively Managed Certificates (AMCs) with full compliance for capital providers that do not want to hold digital assets.Funds from capital providers will be locked into smart contracts and disbursed to projects only after the minimum funding threshold has been raised. The capital providers will receive a traditional AMC, with AllianceBlock managing the assets by holding the convertible bonds, debt or warrants.ABO Digital will receive a structuring fee based on the amount raised, with AllianceBlock taking the majority of fees for managing the AMC or directly through the tokenized asset.The post AllianceBlock partners with ABO Digital for structured crypto projects financing appeared first on CoinJournal.

via CoinJournal: Latest Bitcoin, Ethereum & Crypto News https://ift.tt/SMzR6vA

Key TakeawaysBitcoin’s recent surge has drawn surprise as banking sector has pulled stock market downDeclaring this a break in the correlation trend is a mistake, writes our Data Analyst Dan Ashmore, who says Bitcoin remains risk-onBoth the stock market and Bitcoin continue to trade off interest rate expectations, aside from isolated episodes of systemic risk to Bitcoin, the numbers showRecent week shows a slightly softer relationship than normal, amounting to a less dramatic a less dramatic version of the price action around the FTX and Celsius collapses in 2022Normal correlation bound to be resumed soon, our data showsOne of the dominant storylines over the last year or two so has been the incredibly tight relationship between <a href="https://coinjournal.net/bitcoin/">Bitcoin</a> and the stock market. We will get into the numbers shortly, but the mantra is that when the stock market jumps, Bitcoin jumps more. When the stock market falls, Bitcoin falls more. That is the bottom line. But is it true still true?Some market participants are starting to think that this relationship is shifting, especially given events of the past week. The word <em>“uncorrelated” </em>is thrown around a lot in markets, and now some are saying Bitcoin is making progress towards that status. I’m not so sure that is correct. Correlation has been high since 2022 started Let us first look back over the price action from the start of 2022, which more or less marked the stock market peak. I’ll get deeper in the next section, but the best way to kick off an assessment of correlation is by the old-fashioned eye test. Let’s begin by charting Bitcoin’s returns against the Nasdaq since the start of 2022:It is immediately clear that there is a strong pattern here. Before looking at correlation coefficients, by looking at the respective price action we can see that the assets have been in lockstep aside from two (visually notable) periods. The first is August 2022, when Bitcoin lagged behind the Nasdaq’s gains. It still gained, but it was outperformed by the Nasdaq – uncommon for periods of expansion. This was shortly after the contagion crisis sparked by Celsius (it filed for bankruptcy in mid-July). The second period of divergence that jumps out is a much more noticeable one – November 2022. As the Nasdaq surged off softer inflation readings and optimism on interest rate policy, Bitcoin fell. Not only that, but it fell dramatically, down from $20,000 to $15,000. Of course, this was thanks to Sam Bankman-Fried and the <a href="https://coinjournal.net/news/ftx-insolvent-what-next-for-crypto/">FTX collapse</a>, a bearish shock specific to crypto, much like Celsius was. Let’s now graph the correlation itself. I won’t get too deep on the math, but I have used the 60-Day Pearson indicator and rolled it back to the start of 2022.  The results more or less back up what we discussed above. For the uninitiated, a correlation of 1 means a perfect relationship (the word count of this article and the number of words I have written this month, for example) while a correlation of 0 means no relationship (such as my word count per month and the number of T-Rexs spotted in New York City). Celsius and FTX collapses are clear below, while the other dip occurs around the time of LUNA (the stock market also fell around this time as we transitioned to high interest rate policy).<a href="https://media.igms.io/2023/02/16/1678980336249-58f34aa3-760a-44b7-8ea5-f07e1397bb6b.png">Media</a>Correlation can be misleadingThis shows correlation, but not necessarily causation. My old maths teacher had a great way of explaining this difference. Shark bites and ice cream purchases may be correlated, but nobody would argue that digging into Ben and Jerries makes you more likely to be hunted by a great white shark.Instead, there is a <em>lurking variable. </em>In this case, on sunnier days, people are more likely to both swim at the beach and buy ice cream, and it is the swimming rather than the ice cream that makes a shark bite more likely.…

A judge at the New York bankruptcy court denied the Department of Justice’s request on Wednesday.The DOJ wanted the court to stop Binance.US from completing its $1 billion deal for Voyager.Judge Michael E. Wiles said pausing the deal pending government appeal would only hurt Voyager clients.Binance.US, the US-regulated subsidiary of the world’s largest cryptocurrency exchange by trading volume Binance, should go ahead to complete its $1 billion acquisition of Voyager Digital, a bankruptcy judge has ruled.In a court ruling on Wednesday, Michael E. Wiles, United States Bankruptcy Judge at the Southern District of New York court, denied the US government’s request to halt Binance.US’ bid for Voyager, citing the impact this is having on customers of the bankrupt crypto lender.Judge rules Binance.US-Voyager deal to go aheadThe US Department of Justice appealed Judge Wiles’ ruling that allowed Voyager to sell its assets to Binance.US, a decision the bankruptcy judge gave on 9 March this year. In its appeal via the US Trustee’s Office, the DOJ wanted the acquisition halted until a number of legal objections were settled.According to the government, allowing the process to continue as determined by the court could see Voyager and its staff likely absolved of tax or securities laws violations.But in his ruling, Judge Wiles noted that the $1 billion deal that he approved last week does not include such exemptions. He added that halting the process will only hurt Voyager customers even further, with people having waited for an opportunity to access their crypto assets since the company stopped withdrawals in July last 2022.BNB price jumps 6% after the newsBinance.US was approved to acquire Voyager for $1 billion in December 2022, as CoinJournal reported. The deal appeared to be hitting the rocks before the bankruptcy court allowed it to proceed. Now, following the latest ruling, an agreement between Voyager and Binance has the deal set for execution on 20 March, having originally been slated for 15 March.The reaction to the news from the Binance community saw the price of the native BNB token jump 6% to $328 as of 11:00 am ET on Thursday. The Voyager VGX token, which rallied following last week’s court ruling, was also up today, trading 9% higher at $0.344700.The post Binance.US acquisition of Voyager to proceed, bankruptcy judge rules appeared first on CoinJournal.

via CoinJournal: Latest Bitcoin, Ethereum & Crypto News https://ift.tt/8RSyrI6

Staked ETH withdrawals are being processed on Ethereum Goerli Testnet ahead of the Shanghai upgrade.Coinbase has said it expects demand for ETH unstaking to surge after the Shanghai upgrade.The exchange has however said the ETH unstaking requests might take weeks or months to process.Ethereum developers have set a target date of April 12, 2023, for the long-awaited Shanghai upgrade during the “All Core Developers Execution Layer #157 call” held on Thursday. Staked ETH withdrawals have already started being processed on Ethereum Goerli Testnet ahead of the Shanghai upgrade.The upcoming Shanghan upgrade has caused a lot of anticipation among ETH stakers who have had their ETH tokens locked up since Ethereum announced plans for the Merge upgrade that moved it from a proof-of-work (PoW) blockchain to a proof-of-stake (PoS) blockchain. For this reason, Coinbase expects the ETH unstaking demand to be through the roof once the Shanghai upgrade goes live.Unstaking requests to take weeks or monthsCoinbase has stated that the ETH unstaking requests on its platform could end up taking weeks or months to process. This is mainly because Coinbase will not be the one processing the unstaking process. Staking requests are processed on-chain, and Coinbase will only act as a channel to pass unstaked ETH to users once the tokens are released by the protocol.7/ We anticipate that demand for unstaking will be high soon after the upgrade and it may take the protocol weeks to months process unstaking requests.— Coinbase (@coinbase) March 15, 2023The Merge upgrade allowed staking providers like Coinbase to allow users to stake ETH on their platforms without the ability to withdraw the staked tokens.After April 12, those who have staked ETH on platforms like Coinbase will be able to withdraw the staked Ether while also continuing to stake more ETH without being subjected to an indefinite lockup period.All Coinbase users will be able to unstake their ETH once the Shanghai upgrade goes live.The post Coinbase says ETH unstaking requests may take weeks or months to process appeared first on CoinJournal.

via CoinJournal: Latest Bitcoin, Ethereum & Crypto News https://ift.tt/m2Vfjv9

A widespread crypto market recovery has made investors question the future of the Cosmos price, as ATOM price action has begun to raise eyebrows. A long-term trend reversal could be on the horizon, which is expected to benefit one new project in particular.AltSignals’ crypto presale raised over $120,000 in the first 24 hours, which has produced even more bullish momentum for the artificial intelligence blockchain movement. So, will Altsignals outperform Cosmos price action over the coming years?Cosmos price recovers as AltSignals makes waves in Web3The Cosmos price has begun to recover from a prolonged dip after it lost 85% of its value during the 2022 market crash. ATOM’s price has now more than doubled since the beginning of 2023, which has led many investors to forecast a long-term trend reversal for the blockchain.While the Cosmos price continues to climb, the AltSignals <a href="https://token.altsignals.io/?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal_priceprediction&utm_content=as_members_launch&utm_id=40">token presale</a> continues to attract major levels of interest. $ASI is an exciting new development by the AltSignals project, which has consistently shared profitable trading signals within its community since 2017.After releasing an industry-leading algorithmic indicator called AltAlgo™, AltSignals is now venturing into the field of <a href="https://www.bbvaopenmind.com/en/technology/artificial-intelligence/blockchain-and-ai-a-perfect-match/">blockchain-based artificial intelligence (AI)</a>. The $ASI token will grant access to a new-and-improved trading toolkit that is powered by AI, as the platform is positioning itself as a leading innovator in Web3’s AI movement.What is Cosmos (ATOM)?Cosmos (ATOM) is a highly scalable, secure, and interoperable blockchain network. The ecosystem allows developers to build and deploy custom decentralized applications (dApps) that are free of scalability and interoperability restrictions typically found in other blockchains.Cosmos enables developers to issue their own tokens as well as connect to other Cosmos-based blockchains through its Inter Blockchain Communication protocol (IBC). This has led to an ecosystem of connected chains that allow for the easy bridging of assets across different protocols and led to consistent demand that has helped keep the ATOM price afloat.Cosmos price prediction: Can the ATOM price reach $20 in 2023?The ATOM price has seen major volatility over recent years, but investors remain confident in the future of the platform. The Cosmos price is expected to reflect the ecosystem’s unique and innovative blockchain solution over the coming years, which has led to a promising ATOM price prediction.The ATOM price prediction could reach $20 before the end of 2023, as some continuation is expected before a larger pullback for the wider crypto markets. As the Cosmos price is directly impacted by its utility, long-term investors could see the current price of $12 as a promising entry position.What is AltSignals?<a href="https://token.altsignals.io/?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal_priceprediction&utm_content=as_members_launch&utm_id=40">AltSignals</a> has been one of the most successful day trading groups in Web3 since it first launched back in 2017. The platform leverages advanced algorithmic tools to deliver signals with an unprecedented level of accuracy. Some traders using AltAlgo™ have seen 10x gains to their portfolio in 19 out of 32 months on record.The platform is now launching a suite of advanced artificial intelligence trading tools called ActualizeAI. ActualizeAI is a ground-breaking development from the project, as it is specially designed to improve the accuracy of older tools to deliver more profitable trading signals than ever before.Blockchain-based AI project tokens have been some of those with the best performance in 2023, with many in the sector even outperforming the Cosmos price. The future of AI on the blockchain…

Bitcoin retested the $25,000 area, while S&P 500 had gained about 1% after plunging on ECB interest rate hike news.The ECB on Thursday surprised with a 50 basis point rate hike.Reports that JPMorgan and Morgan Stanley are looking to help First Republic Bank buoyed stocks.Bitcoin and stocks have recovered slightly after trading lower as investors reacted to the latest monetary policy news from the European Central Bank (ECB.)On Thursday, markets were digesting recent events around US banks and the possible ramifications to the Federal Reserve’s next move on its rate hikes when the ECB announced a surprise 50 basis points interest rate hike. Stocks reacted lower and so did the crypto market, with crypto analyst Michael van de Poppe suggesting the Fed could follow suit at its meeting next week. Breaking:ECB raises interest rates by 50bps.This gives a signal that there's no pivot on the horizon and that Powell most likely continues his policy by raising 25bps/50bps next week.Markets are correcting.— Michaël van de Poppe (@CryptoMichNL) March 16, 2023S&P 500, Bitcoin recover after ECB newsThe S&P 500 staged a slight recovery, thanks to the resurgence of regional bank shares.Despite trading down 0.7% at one point, the benchmark index was up 1% at 12:20 pm ET, while the Dow Jones Industrial Average that had initially plunged by more than 300 points, reversed and was hugging gains with just over 100 points, or 0.3% higher. Elsewhere, the Nasdaq Composite was up by 1.5%.While US stocks have rebounded higher amid reports that banking giants JPMorgan and Morgan Stanley were coming to the aid of embattled lender First Republic Bank, concerns remain and investors continue to be cautious. Bitcoin toyed with resistance around $25,000 on Thursday as cryptocurrencies continued to track events around the stock market.The flagship cryptocurrency, which traded lower earlier in the day amid the highlighted broader market downswing, showed it’s still highly correlated to equities despite last week’s spike that had some observers suggesting a rising decorrelation.Indeed, as CoinJournal analyst Dan Ashmore argues in our deep dive published today, Bitcoin could eventually decouple from other risk assets. However, that’s an outlook that mostly doesn’t apply to the current trading scenario, with the two assets largely in lockstep.The post Bitcoin, stocks seesaw after 0.50% ECB rate hike jolts markets appeared first on CoinJournal.

via CoinJournal: Latest Bitcoin, Ethereum & Crypto News https://ift.tt/qzE1CQt

Hardware wallets, often known as “cold storage” devices, are a kind of <a href="https://coinjournal.net/wallets/">cryptocurrency wallet</a> that saves private keys in a hardware device that the user may keep readily accessible. Hardware wallets store your private keys offline, making them hack-proof and suitable for storing valuable assets like cryptocurrencies and NFTs. In order to securely access their cash and digital assets, owners may unlock their hardware wallets whenever they need to.If security is your primary concern, hardware wallets are best for you. Let’s understand what are hardware wallets and how they’re better than hot wallets. What is a hardware wallet?<a href="https://coinjournal.net/cryptocurrency-guides/what-is-a-cryptocurrency-hardware-wallet/">Hardware wallets</a> provide a secure way to store crypto tokens and other virtual assets in a non-virtual environment. It’s the safest place to save your wallet’s recovery password, secret keys, and PIN since it does so offline. Ledgers and other devices use a secure chip to prevent theft through physical means.To secure your cryptocurrency tokens, utilise a hardware wallet (but no wallet can provide complete security). And you may manage your token supply and make and receive transfers at any time, from any place. You may use the wallet everywhere there is an internet connection.Private keysBy using a long alphanumeric number called a “private key,” users may securely access, collect, and transmit digital money without the need for a trusted third party to validate the transactions.Blockchain technology relies fundamentally on this principle of trustlessness. Its goal is to make the system more resilient against attacks from malicious actors while requiring less trust from its users. By keeping your financial affairs under your own control using private keys, you ensure no one else has access to them. There is no way for any one individual or organisation to manipulate or seize control of the system.A private key differs from a public key, which can be easily discovered and distributed. Your hardware wallet is inaccessible if you lose your private key. Someone who obtains knowledge of your private key will be able to use your wallet to make purchases on your behalf. You should never expose your private key online because of the security concerns associated with doing so.Benefits: Why is a hardware wallet better?The most significant advantage of utilising a hardware wallet versus a <a href="https://coinjournal.net/glossary/software-wallet/">software wallet</a> is that your sensitive financial data is never sent online. Most wallets are vulnerable to fraud since they are either online or set up on an online device such as a smartphone or a computer-dependent on constant internet connectivity.1. AuthorityHardware wallets put you in charge of your own private keys, giving you complete authority over your stored cryptocurrency. If you have a cold wallet, you’ll never have to input your private key anywhere outside the encrypted hardware device itself. Your password is safe from the threat of being stolen or compromised since it is never sent to, stored on, or used by a computer2. Optional backupIf you lose your wallet and have the seed phrase, you may use it to recreate your private key and regain access to your cash in a new wallet. 3. Improved SafetyData and financial security for consumers are the next priority when creating a cryptocurrency wallet like Ledger. This is especially important for decentralised ledger systems where reversing an incorrect or fraudulent transaction is hard, such as Bitcoin and Ethereum. As a result, it’s quite unlikely that consumers would get their money back if it is stolen or delivered to the incorrect destination.4. Non-custodialHardware wallets provide an extra layer of security by holding your private keys on a hardware device without exposing them to the internet. They add an extra $50 to $250 to your budget and might be a pain to set up, but they provide a higher level of protection…

Blockchain technology is much more than simply bitcoin. Its potential applications are vast and varied, extending beyond finance to include healthcare, supply chain management, real estate, and digital identity. Blockchain’s transparency, security, and decentralization make it an attractive solution for organizations seeking to enhance their operations.In summary, while blockchain technology is often associated with <a href="https://coinjournal.net/news/">cryptocurrency</a>, its applications go far beyond finance. From supply chain management and healthcare to digital identity and real estate, blockchain’s potential is vast and varied. Organizations seeking to enhance their operations should explore the benefits of this transformative technology.Supply chain managementThe technology allows for greater transparency and accountability, as each participant in the supply chain can see the details of the transactions. This is especially valuable in businesses where <a href="https://coinjournal.net/news/blockchain-supply-chains-counterfeits-fake-goods/">origin and authenticity</a> are crucial, such as food and medicines.HealthcareIn healthcare, blockchain technology can eliminate the need for intermediaries and ensure that patient data is stored securely and transparently. It can also help track the distribution of medical supplies to prevent fraud and counterfeit products from entering the market.Blockchain technology can help to eliminate the need for intermediaries and ensure that patient data is stored securely and transparently. The technology can additionally be employed to follow the distribution network of medical supplies to ensure they are real rather than fraudulent.Digital identityAnother area where blockchain is proving useful is digital identity. Blockchain-based digital identity systems can provide users with control over their personal data, eliminating the need for centralized identity systems that are vulnerable to cyberattacks and data breaches. With a blockchain-based digital identity system, users can control their own identity and personal data, without relying on intermediaries.Real estateIn the sector of real estate, blockchain technology may be utilized to build a tamper-proof and public ledger of real estate transactions. This can lessen the need for middlemen like attorneys and real estate brokers, as well as the time and expense involved with property transactions. In addition, the technology may be used to authenticate possession and avoid fraudulent activity. Blockchain can reduce the need for middlemen such as real estate brokers and attorneys, as well as the time and costs associated with property transactions.Blockchain in businessBeyond these specific applications, blockchain technology is being investigated for its potential uses in a wide range of sectors. Its ability to reduce fraud, increase transparency, and minimize the need for intermediaries make it an attractive option for many businesses.Applications and practicesBlockchain technology can help to eliminate fraud and increase transparency, as each participant in the supply chain can see the details of the transactions.Smart contracts can assist decrease the need for middlemen like attorneys and accountants, as well as the time and costs involved with contract administration. <a href="https://coinjournal.net/news/tag/smart-contracts/">Smart contracts</a> can indeed serve to decrease the risk of fraud and assure the fulfilment of contractual commitments. With a blockchain-based digital identity system, businesses can ensure that user identities are stored securely and transparently, without relying on intermediaries.The hype behind the digital currency for profitThe digital currency has been making waves in the financial world over the past few years, with many investors and enthusiasts claiming that it represents the future of money. Unlike traditional currencies such as the US dollar or the euro, digital currencies are decentralized, meaning they are not controlled by a single entity or…

While cryptocurrencies can be used as a way to exchange goods, the vast majority of their holders see them as savings or investment vehicles. The number of cryptocurrencies, even stablecoins tethered to the U.S. dollar, over the course of the last year demonstrates the volatility that makes investment in bitcoin perilous. Before investing, it’s wise to do some research and find out the specifics.A cryptocurrency is a kind of digital money that operates independently from any single bank, monetary system, or government. The exponential rise of the cryptocurrency market to over 12,000 coins in circulation is absolutely remarkable. From 2021 to 2022, the volume of cryptocurrencies increased by a factor of 2.Let’s discuss the top cryptocurrencies other than Bitcoin and Ethereum. List of the best crypto coins1. Tether (USDT)Price: $0.99The value of one <a href="https://coinjournal.net/tether/">Tether</a> is $0.99 USD. It’s a stablecoin, which means its value won’t fluctuate wildly. Tether is often used as a bridge between different cryptocurrencies by traders. The Tether cryptocurrency is used instead of the US dollar. There is apprehension that Tether isn’t reliably backed by dollars in reserve but rather a type of short-term unsecured debt, which has led to the currency’s depreciation.Stablecoins like Tether aim to attract customers who are wary of investing due to price swings. While using this approach, customers don’t have to wait as long as they would if they were to convert their cryptocurrency holdings to fiat money in order to make a transfer back to dollars.2. Cardano (ADA)Price: $0.33While it arrived on the cryptocurrency landscape after a while, Cardano (<a href="https://coinjournal.net/cardano/">ADA</a>) stands out for being one of the first to use proof-of-stake verification. This technique decreases energy usage and environmental impact by doing away with the aggressive, problem-solving element of validation on systems like Bitcoin. Like Ethereum, Cardano’s native token, ADA, uses smart contracts and distributed applications.The ADA currency used on Cardano’s network has not grown nearly as rapidly as some of the other main cryptocurrencies. On March 7, 2023, the price was $0.33. 3. USD Coin (USDC)Price: $1.0Stablecoins like USD Coin, which are fixed to the dollar’s price, are becoming more popular. This implies that for every USD Coin in circulation, the equivalent amount of fiat cash is held in reserve. On September 18th, 2022, a single USD Coin was worth $1.00 with a market valuation of $55.5 billion. In terms of market capitalization and trade volume, it was fourth. On March 7, 2023, the price was $1.0.4. Binance Coin (BNB)Price: $287.82The Binance Exchange accepts Binance Coin (<a href="https://coinjournal.net/binance-coin/">BNB</a>), a utility cryptocurrency, as payment for the costs of trading on the exchange. In terms of value, it ranks as the third-largest digital currency. The token’s users will get a discount when making purchases on the exchange while using the token as payment.Changpeng Zhao established the Binance Exchange, which now ranks among the top five most active cryptocurrency trading platforms globally.Like with many other cryptocurrencies, Binance Coin began life as an ERC-20 token on the Ethereum blockchain. In the end, it launched its own mainnet. A PoS consensus mechanism is implemented in the network. On March 7, 2023, Binance Coin has a market capitalization of $45.57 billion, making a single BNB token worth around $287.82.5. Polkadot (DOT)Price: $6.05<a href="https://coinjournal.net/polkadot/">Polkadot</a> is a one-of-a-kind Proof-of-Stake (PoS) cryptocurrency designed to facilitate interoperability across different blockchains. Its protocol was developed to bridge the gap between permissioned and permissionless blockchains and oracles, making it possible for them to share data and operate as one. A key feature of Polkadot is its relay chain, which promotes communication across different networks. Parachains, which are alternative blockchains…

A recent presale deemed low risk and potential high reward by many has caught the eye of crypto investors across the globe. The AltSignals ASI presale is now underway, and in this article, you’ll find out what AltSignals is, why investors are getting excited about the ASI token, and whether its promise of low risk and high reward is too good to be true.What is AltSignals?<a href="https://token.altsignals.io/?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal_investmentopportunity&utm_content=as_members_launch&utm_id=45">AltSignals</a> is one of the market’s oldest and most well-respected crypto signal providers. Launched in 2017, the platform offers high-quality signals for the crypto, forex, and stock markets, generated by its world-beating AltAlgo™ algorithm and dedicated team of trading professionals. Since its inception, AltSignals has issued over 1,500 calls and attracted 50,000+ members to its free Telegram channel, leading to a 4.9/5 star rating on <a href="https://uk.trustpilot.com/review/altsignals.io">Trustpilot</a> and nearly 500 positive reviews. Its philosophy is simple: produce low-risk, premium signals using a proprietary strategy combined with manual fundamental analysis. AltSignals’ results have been nothing but remarkable. The accuracy across the 1,500 signals sent out is 64%, demonstrating the consistency in AltSignals’ strategy. AltSignals works on a subscription basis, where users can try a low-risk monthly membership or even purchase access to the AltAlgo indicator for their own use. However, AltSignals has much bigger things in the works: the ASI token presale and ActualizeAI algorithm. Introducing the ASI TokenThe ASI token is at the heart of <a href="https://token.altsignals.io/?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal_investmentopportunity&utm_content=as_members_launch&utm_id=45">AltSignals’</a> push to revolutionize the trading industry. It’ll offer holders exclusive access to the ActualizeAI algorithm, which will revamp the entire AltAlgo™ system to incorporate cutting-edge AI technology.For example, AltSignals plans to use machine learning to help the algorithm learn about the markets and analyze historical data. Meanwhile, it’ll use sentiment analysis to make informed decisions about which assets are about to explode. Holding ASI tokens will unlock a range of benefits for traders, including entry into the private AI Members Club. Here, members can earn ASI tokens for testing and providing feedback on the latest updates to the ActualizeAI algorithm. Members can accumulate these tokens to gain access to more advanced features of the AltSignals AI ecosystem, gain rank in their membership, hold them, or even trade tokens for fiat.ASI token holders can also take part in regular trading tournaments to put their skills to the test, with exciting prizes and community recognition up for grabs. Lastly, AltSignals is committed to fostering its already-strong community. That’s why it’ll allow ASI token holders to propose and vote on changes made to the platform and its products, with the aim of being governed solely by the community. Is the Promise of Low Risk and High Rewards Too Good To Be True?As with investment that promises low risk and high rewards, it’s always wise to be skeptical. In the case of AltSignals, part of the guesswork is removed by simply examining the platform’s track record. Unlike most crypto presales, AltSignals has already proven its business model to be a success, which translates to potentially lower risk.  Moreover, AltSignals has demonstrated that it can generate high rewards through its existing signals. The new ActualizeAI algorithm is not only expected to boost these rewards further, but lead to a flood of investors picking up ASI tokens to get their hands on the algorithm’s signals. In this sense, the ASI token seems likely to offer high rewards to investors, especially those that get involved early on.  Final ThoughtsWith the presale just getting underway, AltSignals’…

Cryptocurrency is the most profitable asset class in history, which is why so many investors are constantly looking to uncover the best options for long-term gains. While there are inherent risks with investing in the crypto space, there are countless great options as some of the best cryptos to invest in for the long-term are highly disruptive technologies.With that in mind, here are 12 of the best long-term cryptocurrencies to invest in 2023:AltSignals (ASI)Metacade (MCADE)Polkadot (DOT)Decentraland (MANA)Binance Coin (BNB)ChainLink (CHAIN)UniSwap (UNI)Ethereum (ETH)Solana (SOL)Shiba Inu (SHIB)ApeCoin (APE)Cardano (ADA)1. AltSignals (ASI)What is ASI?<a href="https://token.altsignals.io/?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal_longterm&utm_content=as_members_launch&utm_id=9">AltSignals</a> is a highly successful online trading community that has been sharing profitable trading strategies since 2017. The platform released <a href="https://token.altsignals.io/?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal_longterm&utm_content=as_members_launch&utm_id=9">AltAlgo™</a>, which is an algorithmic trading protocol that has helped many day traders to 10x their portfolio in 19 out of 32 months on record.AltSignals is now launching a new-and-improved trading stack called ActualizeAI, and the new ASI token is designed to supercharge this development. ActualizeAI combines machine learning with natural language processing (NLP) to analyze a vast number of price indicators at the same time. Since it is driven by AI, it continually learns and improves, helping it to deliver trading signals with an increasing level of accuracy over time.The ASI token can be used to gain access to ActualizeAI as well as ActualizeAI Club. ActualizeAI Club will provide even more benefits for the AltSignals community, including access to public and private token sales for new cryptocurrencies as well as access to trading tournaments where participants can earn crypto rewards, and much more.AltSignals helps anyone to minimize the learning curve while trading the crypto markets. Since the cryptocurrency market is a highly volatile asset class, this can help save investors both time and money. The profitable trading tools released by the platform can also help expert traders to maximize their return potential, as ActualizeAI stack will provide a secondary opinion by analyzing more data than any single person is able to.Why buy ASI?The AltSignals platform is at the forefront of development for <a href="https://www.bbvaopenmind.com/en/technology/artificial-intelligence/blockchain-and-ai-a-perfect-match/">blockchain-based AI</a>. The trading tools released by the platform in the past have had a highly accurate success rate, and it now looks set to grow even further.The ASI token presale could be the perfect opportunity for savvy investors to get involved in a promising new token while it is still in its infancy. These opportunities often produce substantial returns for investors.Presale prices for ASI will rise from $0.012 to $0.02274 per token, and there is a limited time only to get involved. For anyone looking to find which new crypto project to buy into today for the long-term, the new release from AltSignals certainly looks like a great option.>>> You can participate in the AltSignals presale <a href="https://token.altsignals.io/?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal_longterm&utm_content=as_members_launch&utm_id=9">here</a> <<<2. Metacade (MCADE)What is MCADE?<a href="https://metacade.co/en?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal&utm_content=9">Metacade</a> has the possibility to become the largest blockchain-based arcade, offering a vast selection of different play to earn (P2E) titles in a single location. It is widely considered to be one of the most exciting new GameFi developments in Web3, as Metacade delivers a comprehensive gaming experience and multiple opportunities…