PancakeSwap V3 was launched on Ethereum and BNB Chain.CAKE price surged $3.83 to a high of $3.83 following the news.The upgraded platform will offer the cheapest fees for on-chain trades.At press time CAKE price was up 2.13% to trade at $3.77 a day after PancakeSwap announced the launch of its version 3 on Ethereum and BNB Chain.The upgraded platform will offer users the cheapest fees for on-chain trades among its competitors like Uniswap and SushiSwap. It will also offer increased returns for liquidity providers.Features introduced by the PancakeSwap V3The upgraded platform allows liquidity providers to concentrate their capital on smaller ranges leading to higher returns.PancakeSwap V3 also introduces four different trading fee tiers for users. The fee tiers are 0.01%, 0.05%, 0.25%, and 1% compared to the general 0.25% tier that PancakeSwap V2 was offering. Additionally, each token pair can have a liquidity pool for each fee tier.The PancakeSwap team also plans to introduce two new features in future. These features include a VIP trading reward program and a position manager feature. The exchange’s VIP program is a tired system that rewards traders with things like up to 5% trading fee rebates depending on their trading volume.The position manager feature will enable traders to easily deposit liquidity and optimize their positions based on rewards and fees over time. This feature will eliminate the need for manual calculations from third-party integrations thus allowing users to automatically adjust their positions to optimize on returns.The post CAKE price surging after PancakeSwap V3 launched on popular blockchains appeared first on CoinJournal.
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<strong>London, UK, April 5th, 2023, Chainwire</strong><a href="https://metacade.co/en?utm_source=media&utm_medium=pr&utm_campaign=post_listing_uniswap&utm_content=Uniswap_metastudio_staking">Metacade</a>, one of the most highly anticipated GameFi projects in 2023, has spectacularly sold out in its final stage presale, raising an impressive $16.4M.The MCADE token is now set to list on Uniswap on the 6th of April at 7PM GMT. The token will list at a price of $0.022, a 10% rise from the final stage presale price and an attractive proposition to those investors who could not purchase during the sold-out presale. <a href="https://metacade.co/en/staking?utm_source=media&utm_medium=pr&utm_campaign=post_listing_uniswap&utm_content=Uniswap_metastudio_staking">Metacade staking</a> also opens on the same day, citing a 40% AAR.Metacade’s CEO, Russell Bennett, stated, “I was delighted to see the final stage token presale sell out; it only reinforces my faith in the Metacade project. We’re driving ahead now with development and new partnerships, and I look forward to watching the token price as we list on exchanges in April and May.”One of those partnerships will be with <a href="https://www.metastudio.pt/">Metastudio</a>, a revolutionary new gaming company focused on delivering exciting, avant-garde, and fresh mobile games to the Metacade arcade.Metastudio was founded by Carlos Domingues, Manny Fragelus and Ted David. The team boasts impressive CVs, having worked on a number of significant media projects including Shrek, Pirates of the Caribbean, Transformers 2, and Kung Fu Panda.Carlos Rodrigues expressed, “as we eagerly prepare to launch our latest game, Rune Realms, in just a few short months and continue to back other Web3 projects in developing their own games, this partnership arrives just in time to amplify our collective impact.”Further details will be disclosed at the <a href="https://www.youtube.com/watch?v=8hZJr2bK304">AMA at 5pm BST, on the 5th of April,</a> between Metacade and Metastudio, hosted by the respective CEOs – Russell Bennett and Carlos Domingues.There are various ways for MCADE digital currency holders to engage with its ecosystem. The recently launched online platform serves as a virtual gathering spot for gamers and investors, who can receive MCADE rewards for indulging in their favorite activity, i.e., gaming.Furthermore, Metacade intends to motivate its holders to participate in a variety of promotions to help drive the product’s growth and adoption. This strategy will benefit the MCADE token value and provide opportunities for holders as long-term investment as well as a store of value within the ecosystem.<strong>About Metacade</strong><a href="https://metacade.co/en?utm_source=media&utm_medium=pr&utm_campaign=post_listing_uniswap&utm_content=Uniswap_metastudio_staking">Metacade</a> aims to transform the gaming industry by creating the largest play-to-earn (P2E) arcade available. The project seeks to establish a dynamic ecosystem that brings together gamers, developers, and cryptocurrency enthusiasts in one place. Here, they can engage with each other, enjoy a diverse range of gaming activities, and earn rewards for their participation. The release of the platform’s whitepaper has impressed investors and analysts, demonstrating the project’s innovation and potential.Likened to other projects such as The Sandbox, Polygon, and Axie Infinity, the much-awaited P2E platform, Metacade, has obtained validation from CertiK, a leading blockchain auditor. This CertiK validation assures investors that Metacade’s code and specifications are verified and that the Metacade team has undergone the KYC process, thus instilling further trust in the project’s authenticity.Learn more about how to buy MCADE and the upcoming exchange listings <a href="https://metacade.co/en/how-to-buy?utm_source=media&utm_medium=pr&utm_campaign=post_listing_uniswap&utm_content=Uniswap_metastudio_staking">here</a>.Further information: <a href="https://metacade.co/en/?utm_source=media&utm_med…
Jasmy price drifted upwards on Wednesday as cryptocurrencies attempted to bounce back. The token jumped to a high of $0.0054, the highest point since March 14. It has bounced back by 20% from the lowest point in March.Latest JasmyCoin news?The most recent Jasmy news came in earlier this month when the developers announced a list of developers who will receive its grants. The developers received applications of over 100 creators and shortlisted the 6 most promising ones. In a statement, the developers noted that JVP Protocol, Clic, Pedao, Metas, Connected2Me, and Mars Search will compete for the funds. These dApps are all diverse. For example, Mars Search is a Web3 search engine that provides users with vertical content. It is similar to other popular search engines, with the main difference being that it focuses on crypto content. A search on Trump shows results on associated NFTs.🎉 Thrilled to announce that the first shortlisted of the <a href="https://twitter.com/hashtag/JasmyGrant?src=hash&ref_src=twsrc%5Etfw">#JasmyGrant</a> Program is here now!!After careful discussions, a total of 6 outstanding projects have been selected for the Grant poolYou can vote for the project you like: <a href="https://t.co/uQBNKp3DMR">https://t.co/uQBNKp3DMR</a><a href="https://t.co/GB0dXPhEbv">https://t.co/GB0dXPhEbv</a>— Jasmy Grant (@JasmyGrant) <a href="https://twitter.com/JasmyGrant/status/1642096961422766081?ref_src=twsrc%5Etfw">April 1, 2023</a>On the other hand, Pedaoisan NFT mortgage and loan agreement platform uses a mode known as peer-to-pool. The idea is that users can use it to obtain loans by mortgaging their non-fungible tokens. JVP Protocol is a governance aggregator that aims to maximize users’ rewards and aggregate governance behind the JVP token.The Jasmy grant program hopes to grow the network’s ecosystem as it seeks to compete with other popular chains like Ethereum, Solana, Cardano, and Polkadot. In the past few months, more developers like Algorand and Avalanche has unveiled their grant programs in a bid to grow their networks and attract more developers. Jasmy’s grant program has a cap of $2 million.According to the grant’s website, most users have voted for JVP Protocol, which has received 10010 upvotes. Clik has just 20 upvotes while the rest have none.Jasmy Coin price prediction<a href="https://media.igms.io/2023/03/05/1680697141396-1aef12f6-a6c2-4116-a523-b86b6e8f2f20.png">Media</a><a href="https://www.tradingview.com/symbols/JASMYUSD/?exchange=COINBASE">Jasmy chart by TradingView</a>The daily chart shows that the Jasmy price has been in a tight range in the past few days. In this period, it has managed to move from a low of $0.0043 to a high of $0.0054. It has managed to move above the 50-period moving average while the Relative Strength Index has drifted upwards. Therefore, it seems like Jasmy has botttomed, which will likely see it rise to the next key resistance point at $0.0065. A move below the support at $0.0043 will signal that bears have prevailed. This will in turn push it to the next support at $0.0040.How to buy JASMYBinance.USBinance.US provides secure and reliable access to the world’s most popular cryptocurrencies, with some of the lowest fees in the industry.<a href="/visit/binance-us-crypto?guid=MTM2NTcx&component=simple-table&language=en&country=US&state=VA&position=1&totalPositions=2">Buy JASMY with Binance.US today</a>KuCoinKucoin is a cryptocurrency exchange which offers over 200 cryptocurrencies. Kucoin has a wide range of services, such as; a built-in peer-to-peer exchange, spot and margin trading, bank level security and a wide range of accepted payment methods. Users can benefit from a beginner-friendly interface and relatively low fees.<a href="/visit/kucoin-crypto?guid=MTM2NTcx&component=simple-table&language=en&country=US&state=VA&position=2&totalPositions=2">Buy JASMY with KuCoin today</a>The post <a href="https://coinjournal.net/news/jasmy-price-is-crawling-back-how-high-can-japans-bitcoin-go/">Jasmy price is crawling back: How high…
MicroStrategy is the world’s largest public holder of Bitcoin.Documents show the company recently bought another 1,045 BTC for $29.3million, days after purchasing 6,455 BTC for $150 million.MicroStrategy now holds 140,000 bitcoin acquired for $4.17 billion at an average of $29,803.In MicroStrategy news today, the company has announced the purchase of an additional 1,045 bitcoin acquired for $29.3 million.The Bitcoin was acquired between March 24, 2023 and April 4, 2023, according to details in the Form 8-K filing on 5 April, with the firm now holding a total of 140,000 BTC.MicroStrategy buys bitcoin after US government sells 9,861 BTCMicroStrategy’s latest purchase comes less than two weeks after MicroStrategy founder Michael Saylor announced the business intelligence software firm had acquired 6,455 BTC for $150 million. That purchase was made at an average of $23,238 a coin and saw the world’s largest public holder of Bitcoin bring its total holdings to 138,955 BTC.On Wednesday, Saylor announced the company had bought the 1,045 BTC at the average price of $28,016 per coin. The US-based company now holds 140,000 BTC acquired for approximately $4.17 billion and at an average price of $29,803 per BTC.MicroStrategy has acquired an additional 1,045 #bitcoin for ~ $29.3M at an average price of $28,016 per bitcoin. As of 4/4/2023 @MicroStrategy holds 140,000 bitcoin acquired for ~$4.17 billion at an average price of $29,803 per bitcoin. $MSTR https://t.co/IBufTxalnv— Michael Saylor⚡️ (@saylor) April 5, 2023MicroStrategy has added to its bitcoin stash regularly since 2020, with many purchases completed during price dips. This most recent purchase notably happened a few days after the US government sold over $215 million worth of BTC.As CoinJournal reported last week, the US government said it sold 9,861.17 BTC connected to the closed darknet market Silk Road on 14 March. The US also announced plans to sell an additional 41,490 BTC in four batches throughout 2023, with the total sales amounting to 51,351 bitcoin that was seized James Zhong.Bitcoin was trading around $28,497 at 9:26 am ET on Wednesday, up 84% year-to-date. The MicroStrategy stock closed near $299 on Tuesday, with MSTR up more than 105% YTD.The post MicroStrategy adds 1,045 BTC to bring Bitcoin stash to 140,000 appeared first on CoinJournal.
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Vantagepoint AI is a predictive forecasting platform for stocks, Forex and crypto.The US-based platform has added support for Polygon (MATIC).The AI platform says its predictive forecasting boasts accuracy levels of 87%.Vantagepoint AI, a US-based artificial intelligence platform offering predictive forecasting for stocks, cryptocurrencies and Forex among others, has added support for Polygon. MATIC is the native cryptocurrency token of the Ethereum scaling protocol.AI-powered software increasingly popularA press release the company published on Wednesday noted that the integration of MATIC to the platform will ensure traders benefit from highly accurate forecasts. AI-powered software is increasingly becoming popular as digital currencies gain mainstream adoption, the firm noted.And as market trends for crypto assets getting increasingly complex to predict, a degree of higher accuracy could benefit traders keen on the growing market. In this case, Vantagepoint AI says its software’s predictive forecasts boast of up to 87.4% accuracy.Vantagepoint AI president Lane Mendelsohn commented: “Although trading always involves some level of risk, our aim is to empower traders to make well-informed decisions with more confidence through our data-driven forecasts generated by artificial intelligence.”The post AI platform adds Polygon (MATIC) to predictive forecasting software appeared first on CoinJournal.
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BGB price rose to highs above $0.42, with current price roughly 20% off all-time highs of $0.51.Dragonfly Capital made a $10 million strategic investment in crypto derivatives exchange BitgetBitget will use the capital injection to expand its products and promote crypto education.Bitget Token (BGB) traded higher as the community around the cryptocurrency derivatives exchange Bitget reacted positively to news of a fresh venture capital injection.BGB price broke to highs of $0.42 after having traded at lows of $0.39 on Monday, with the positive sentiment seeing over $9 million worth of the token traded in the past 24 hours. In terms of price gains, BGB was up 2% and 9% in the past 24 hours and 7 days respectively.The price of Bitget’s native token, currently above $0.41, is about 2% off the all-time highs above $0.51 reached on 18 February. If sellers take the $0.40 support, BGB could revisit the $0.31 regionDragonfly invests $10 million in BitgetDragonfly, a crypto-focused venture capital firm that invests in projects in the digital assets ecosystem – from seed to series D – announced a $10 million strategic investment in crypto platform Bitget. Blockchain data and research platform Nansen highlighted on 4 April that a Dragonfly wallet had received 60,219,900 $BGB (approximately $24 million) a few days ago, suggesting this could be part of the deal.💫 NEWS: Dragonfly invests $10 million in derivatives exchange BitgetThat partly explains the 60,219,900 $BGB (~$24 million) sent to a Dragonfly wallet 6 days ago pic.twitter.com/xl4Td5u5dX— Nansen 🧭 (@nansen_ai) April 4, 2023The investment will support the crypto derivatives exchange’s market and service expansion across the globe, Dragonfly said in a press release. The funds will also go into Bitget’s CSR initiatives as the platform looks to promote crypto education and adoption.“As the fastest-growing exchange in the past 12 months, this investment is a recognition of our focus on BUIDL in the bear run. Except for the cash inflow, what will benefit us more from the Dragonfly partnership is their crypto savvy and insights. Together, we will be able to discover more growth opportunities and contribute more to the sustainable growth of our industry,” Gracy Chen, the Managing Director of Bitget said.The investment also comes as Bitget looks to double down on its efforts across spot trading, launchpad, and earning products. Bitget recently partnered Space and Time to provide full transparency to its proof of reserves and also has partnerships with soccer star Lionel Messi and Italian football giants Juventus.The post BGB price sees uptick after Dragonfly invests $10M in Bitget appeared first on CoinJournal.
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CISION
Dragonfly Makes $10 Million Strategic Investment in Bitget
/CNW/ - Dragonfly, a global crypto-focused venture capital firm, announced today that it has made a $10 million strategic investment in Bitget, a global crypto...
<strong>London, UK, April 5th, 2023, Chainwire</strong><a href="https://metacade.co/en?utm_source=media&utm_medium=pr&utm_campaign=post_listing_uniswap&utm_content=Uniswap_metastudio_staking">Metacade</a>, one of the most highly anticipated GameFi projects in 2023, has spectacularly sold out in its final stage presale, raising an impressive $16.4M.The MCADE token is now set to list on Uniswap on the 6th of April at 7PM GMT. The token will list at a price of $0.022, a 10% rise from the final stage presale price and an attractive proposition to those investors who could not purchase during the sold-out presale. <a href="https://metacade.co/en/staking?utm_source=media&utm_medium=pr&utm_campaign=post_listing_uniswap&utm_content=Uniswap_metastudio_staking">Metacade staking</a> also opens on the same day, citing a 40% AAR.Metacade’s CEO, Russell Bennett, stated, “I was delighted to see the final stage token presale sell out; it only reinforces my faith in the Metacade project. We’re driving ahead now with development and new partnerships, and I look forward to watching the token price as we list on exchanges in April and May.”One of those partnerships will be with <a href="https://www.metastudio.pt/">Metastudio</a>, a revolutionary new gaming company focused on delivering exciting, avant-garde, and fresh mobile games to the Metacade arcade.Metastudio was founded by Carlos Domingues, Manny Fragelus and Ted David. The team boasts impressive CVs, having worked on a number of significant media projects including Shrek, Pirates of the Caribbean, Transformers 2, and Kung Fu Panda.Carlos Rodrigues expressed, “as we eagerly prepare to launch our latest game, Rune Realms, in just a few short months and continue to back other Web3 projects in developing their own games, this partnership arrives just in time to amplify our collective impact.”Further details will be disclosed at the <a href="https://www.youtube.com/watch?v=8hZJr2bK304">AMA at 5pm BST, on the 5th of April,</a> between Metacade and Metastudio, hosted by the respective CEOs – Russell Bennett and Carlos Domingues.There are various ways for MCADE digital currency holders to engage with its ecosystem. The recently launched online platform serves as a virtual gathering spot for gamers and investors, who can receive MCADE rewards for indulging in their favorite activity, i.e., gaming.Furthermore, Metacade intends to motivate its holders to participate in a variety of promotions to help drive the product’s growth and adoption. This strategy will benefit the MCADE token value and provide opportunities for holders as long-term investment as well as a store of value within the ecosystem.<strong>About Metacade</strong><a href="https://metacade.co/en?utm_source=media&utm_medium=pr&utm_campaign=post_listing_uniswap&utm_content=Uniswap_metastudio_staking">Metacade</a> aims to transform the gaming industry by creating the largest play-to-earn (P2E) arcade available. The project seeks to establish a dynamic ecosystem that brings together gamers, developers, and cryptocurrency enthusiasts in one place. Here, they can engage with each other, enjoy a diverse range of gaming activities, and earn rewards for their participation. The release of the platform’s whitepaper has impressed investors and analysts, demonstrating the project’s innovation and potential.Likened to other projects such as The Sandbox, Polygon, and Axie Infinity, the much-awaited P2E platform, Metacade, has obtained validation from CertiK, a leading blockchain auditor. This CertiK validation assures investors that Metacade’s code and specifications are verified and that the Metacade team has undergone the KYC process, thus instilling further trust in the project’s authenticity.Learn more about how to buy MCADE and the upcoming exchange listings <a href="https://metacade.co/en/how-to-buy?utm_source=media&utm_medium=pr&utm_campaign=post_listing_uniswap&utm_content=Uniswap_metastudio_staking">here</a>.Further information: <a href="https://metacade.co/en/?utm_source=media&utm_med…
Trust Wallet has announced a crypto-to-fiat off-ramp.The Binance non-custodial wallet has partnered MoonPay and Ramp TWT price jumped 9% after the news to hit above $1.31 before selling saw it drop to $1.25 as of writing.Trust Wallet Token (TWT), the native token of Trust Wallet, saw its price jump more than 9% to hit $1.31 after news the non-custodial crypto wallet provider had launched a crypto-to-fiat off-ramp.The partnership with Web3 payments platform MoonPay and non-custodial fiat-to-crypto infrastructure provider Ramp will allow Trust Wallet users to seamlessly convert crypto to fiat without having to touch a centralized crypto exchange. Users will transact directly from within the Trust Wallet app, the firms noted.TWT price outlook after Trust Wallet partnershipsAs noted above, Trust Wallet’s integration with MoonPay and Ramp means users can now enjoy seamless withdrawals when handling crypto-to-fiat transactions. The news of the development, which will see the non-custodial wallet’s users tap into frictionless crypto market transactions, also means full control of the stored funds.MediaTWT price on the 4-hour chart. Source: TradingViewThe positive update added to TWT’s buying pressure, with bulls breaking above $1.30 for the first time since 18 March this year. However, the 4-hour RSI is firmly in overbought territory and extended, suggesting a possible dip is on the cards in the short term.While potential profit taking could push TWT/USD to immediate support levels below $1.20, new upside momentum could put bulls on track to retest the resistance around the $1.40 area. A move to $1.76 or higher would open up should the broader market flip bullish.TWT was trading around $1.25 at the time of writing, with its price up 6% in the past 24 hours.The post TWT price jumps 9% after Trust Wallet partners MoonPay and Ramp appeared first on CoinJournal.
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As the adoption of Web3 technology accelerates across industries, the gaming sector has emerged as a frontrunner in embracing the paradigm shift, revealing immense potential for innovation and growth. Metacade, a hugely promising GameFi project, has captured the attention of those looking to invest in crypto with its unique play-to-earn (P2E) ecosystem and compelling vision for the future of gaming. Riding on the wave of enthusiasm surrounding the project, Metacade has successfully raised $16.35m in its presale event, showcasing the confidence and support of its burgeoning community.In a major announcement that has further fueled the excitement around this high-potential project, Metacade has revealed its upcoming debut on the renowned Bitmart Exchange. This development not only highlights the growing interest in Metacade as a solid investment choice but also signifies a crucial milestone in the project’s journey to becoming an influential player in the rapidly evolving world of GameFi and Web3 technology.Will MCADE see significant increases in price this year?As optimism surrounding the GameFi sector continues to grow, the Metacade project has captured the attention of experts who are eager to evaluate if MCADE can reach a significant price range of between $0.90 and $1.20 by the end of 2023 and into the following year.Metacade’s diverse gaming experiences offer it a competitive advantage in determining its potential market cap, with its vast total addressable market indicating that the platform’s user base could see exponential growth as the platform begins to come online later this year.The platform’s array of incentives for user retention—especially for non-gaming activities—and its consistently improving user experience supported by robust reward systems suggests that the demand for utility token MCADE could increase dramatically in the near future. This positions it at the heart of GameFi, and could drive massive returns for investors as a result.To reach a value between $0.90 and $1.20 for MCADE, a market cap of between $1.8 billion and $2.4 billion would be necessary. Considering the enticing tokenomics and the emergence of regulations that provide clarity for institutional investors (allowing them to enter the crypto market more aggressively), many experts believe that achieving this price range by the end of 2023 is entirely plausible.With the announcement of Metacade’s debut on the prominent Bitmart Exchange, the project also looks set to gain even greater visibility and attract more of those looking to invest in crypto. Given the strong potential of the project in the burgeoning GameFi sector, reaching a price in its target range by the end of 2023 seems within reach, making Metacade an exciting investment opportunity for those looking to capitalize on the rapidly evolving world of GameFi.What is Metacade?<a href="https://metacade.co/en?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal&utm_content=11">Metacade</a> is set to disrupt the gaming industry by creating the most extensive play-to-earn (P2E) arcade in existence, positioning itself as a key player in the rapidly growing GameFi sector. Metacade’s <a href="http://whitepaper">ambitious plans</a> have captured the attention of gamers and the entire industry, thanks to its innovative rewards system that allows users to earn income not only by playing games but also through contributing to the platform in various ways, such as sharing alpha or writing game reviews.The project’s native token, MCADE, could present a significant opportunity for investors, as its extensive utility within the platform combined with its limited supply and attractive presale prices have contributed to the impressive $16.35m raised in a very short period of time.How does MCADE work?MCADE, the native token of the Metacade ecosystem, serves as the driving force behind the platform’s various functions, including the rewards system and facilitating value exchanges throughout the platform — such as entering tournaments…
Bitfinex Derivatives launched perpetuals for HS50, NI225, and XJO.The derivatives platform’s services are not available to the U.S. users.The new perpetual contracts went live today at 06:30 a.m. ET.Bitfinex Derivatives now allows trading products you’ll typically find on a traditional financial exchange and that too with no restrictions in terms of the trading hours (certain limitations apply).Bitfinex Derivatives adds to its perpetuals portfolioOn Wednesday, the derivatives platform launched perpetual contracts for three of the prominent Asian equity indices. In the press release, CTO Paolo Ardoino said:We are delighted to add the HONG KONG 50, JAPAN 225, and AUSTRALIA 200 perpetual swaps to our portfolio of derivatives products.The said contracts went live today at 06:30 AM ET. Bitfinex recently said the total number of bitcoin wallets with non-zero BTC balance climbed to a record 45.388 million.New perpetual contracts are not open for U.S. usersRemember that Bitfinex Derivatives and the range of its services are not available to U.S. clients. Even in the allowed jurisdictions, its open only to verified users.The perpetual contracts this platform announced today allow leverage of up to 100 times and work pretty much the same way as the rest of its perpetual trading portfolio – all transactions are settled in USDt or U.S. dollar denominated Tether tokens. Ardoino added:These equity indices are strong indicators of how the Asian economy is performing. We’re proud to give Bitfinex Derivatives traders freedom to trade these contracts at any time of the day and week.The post Bitfinex Derivatives launches perpetual contracts for Asian equity indices appeared first on CoinJournal.
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Bitfinex Derivatives Expands Perpertuals Portfolio to include Asian Equity indices - Bitfinex blog
For distribution to journalists only. Equity indices include HONG KONG 50, JAPAN 225 and AUSTRALIA 200 PROVIDENCE, Mahe, Seychelles, 3 April 2023 – Bitfinex Derivatives, a derivatives platform that is accessible through Bitfinex announced today a range…
Central, Singapore, April 6th, 2023, ChainwireHeartX, a Web3.0 art trading marketplace and community platform, is set to change the game for the art market. The team just announced their pre-launch Vote-to-Earn Game is live now. This new experience allows users to earn tokens ($HNX) through voting on artwork pieces by swiping right or left as Like and Next, giving them a chance to engage with the core feature of the platform in advance and get rewarded for showing their preferences on the arts.The immersive Vote-to-Earn game is a clear demonstration of the platform’s user-centric design, letting people experience the X-to-Earn model in an easier way. By leveraging blockchain technology, HeartX is creating a platform that is more user-friendly, transparent, and entertaining than anything that has come before. Through the Vote-to-Earn system, HeartX is committed to redefining the value of arts by the community consensus with the heart.“We’re all excited about it! All users can earn tokens by ‘swiping’ to vote,” said HeartX founder Anson. “We believe that it’s important to make it more engaging for people and reward them for being part of our community. And through the forming of the community consensus, we would establish a new valuation standard for the artwork pieces.”It is simple to play the game: users can earn tokens by voting on the daily artwork pieces on the event website, no log-in or registration is needed, users can just swipe/click right for like, or left to show the next one. The rewarding tokens $HNX can be used in various scenarios once the marketplace is launched, including investing in your preferred artwork pieces to boost them, and accessing premium features.The HeartX team also announced that during the “Vote-to-Earn” campaign, users who have accumulated more voting works that reached a consensus on community aesthetic views would have the opportunity to participate in the beta testing experience when the HeartX App is launched.Gathering influencers in not only Web3 but also the digital art space, the Vote-to-Earn game is just one example of the many innovative features that the HeartX team has planned for its users. HeartX’s vision for the future of digital art goes beyond being an online marketplace. The team is working to create a marketplace that leverages the power of blockchain technology and provides a binding community for its users. Another current update is that the HeartX token “$HNX” is now available on Uniswap, and it can also be acquired from other decentralized exchanges in a short time. According to the HeartX team, the project is moving forward, and the team believes that more people will join and form a large community, eager to be part of the next big thing in Web3.0.The Vote-to-Earn game is now live, and the team invites users to participate in the voting activities and join the community. The team is confident that this new experience will bring brand new joy and will help to drive engagement and participation in the Web3.0 art community they are building. Users can now join the game, show their taste and support, and earn tokens at https://heartx.art/event/index.html#/.Follow HeartX on Discord | Twitter | WebsiteContactTeam HeartX, service@heartx.artThe post HeartX Unveils Token Airdrop Game “Vote-to-Earn” to Warm Up the Launch of the Platform appeared first on CoinJournal.
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Singapore authorities are working with banks on new guidance for vetting crypto clients. The guidance will cover stablecoins, nonfungible tokens (NFTs) and firms providing services in payments, trading and transfers of these assets.Banks will decide whether they want to take on crypto clients based on their risk appetite.Singapore working on new guidance for crypto clientsSingapore authorities are currently working with banks and other lenders to set uniform standards for vetting cryptocurrency clients, sources close to the matter told Bloomberg. According to the report, the central bank and police have been helping banks to work on their vetting process when opening accounts for service providers in the cryptocurrency and digital asset space. Sources told Bloomberg that the project has been ongoing for roughly six months, and the authorities would soon release an industry report outlining best practices in areas like due diligence and risk management. The sources preferred to stay anonymous as the discussion has not yet gone public. The initiative is set to cover stablecoin and NFTs as well as transferable gaming or streaming credits. The initiative is set to focus on firms that provide services in payments, trading and transfers of these assets. Banks would have the final say in deciding whether to accept cryptocurrency clients based on their risk appetite, the sources added. Tighter regulation following the recent turmoilThe guideline to be issued by Singaporean authorities could be considered a way of tightening regulation in the crypto space following the recent high-class collapses.Last year, numerous crypto companies, including FTX and Terraform Labs, collapsed, resulting in the loss of billions of dollars. The recent collapse of Silvergate Bank, Signature Bank, and the Silicon Valley Bank (SVB) has also put resulted in some crypto clients scrambling for new banks.At the moment, the Singaporean government doesn’t stop banks operating in the country to do business with crypto companies. While talking to Bloomberg, the Monetary Authority of Singapore said; “As with any other current or prospective customer, banks are required to conduct customer due diligence measures to understand and manage the risk(s) posed by them. Banks make their own determination of whether to start or continue a banking relationship with a customer, balancing between commercial considerations and business risk tolerance.” Singapore is not new to cryptocurrency scandals. Some of the recent high-profile companies that collapsed, including Terraform Labs and crypto hedge fund Three Arrows Capital, were headquartered in Singapore. The post Singapore to issue new guidance for banks on vetting crypto clients: Bloomberg appeared first on CoinJournal.
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Bloomberg.com
Singapore Plans New Guidance for Banks on Vetting Crypto Clients
Singapore banks are working with the city-state’s authorities to set uniform standards on screening potential customers from the crypto and digital assets sectors, amid various global fallouts in the industry.
The ASIC has been conducting a targeted review of Binance’s businesses in Australia.Binance Australia is an arm of Binance.Australian users will no longer be able to trade derivatives on Binance.The Australian Securities and Investments Commission (ASIC) on Thursday issued a press release announcing the cancellation of Binance Australia’s derivatives license.Binance Australia is an arm of the world’s largest cryptocurrency exchange by trading volume Binance.Targeted review of BinanceThe ASIC issued a notice of hearing on March 29 to consider whether the AFS license should be cancelled or suspended.The press release by ASIC states that it:“has been conducting a targeted review of Binance financial services business in Australia, including its classification of retail and wholesale clients.”ASIC Chair Joe Longo said:“It is critically important that AFS licensees classify retail and wholesale clients in accordance with the law. Retail clients trading in crypto derivatives are afforded important rights and consumer protections under financial services laws in Australia, including access to external dispute resolution through the Australian Financial Complaints Authority… Our targeted review of these matters is ongoing, including focus on the extent of consumer harms.”Customers are to close positions by April 21According to the ASIC press release, Australian users will no longer be able to increase derivatives positions or open new positions on Binance from April 14, 2023.The crypto exchange requested action asking their clients to close any existing derivatives positions before April 21. Any remaining open positions will be closed by the exchange.Binance Australia’s derivatives trading license was held by Oztures Trading Pty Ltd.The post Binance Australia’s derivatives license cancelled appeared first on CoinJournal.
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CoinJournal
Binance Review 2026 - Is It Safe? Pros, Cons & More | CoinJournal
Thinking of using Binance? Read our tried-and-tested Binance review to find out its pros & cons, safety, features, fees and more.
<strong>Dubai, UAE, April 6th, 2023, Chainwire</strong><a href="https://spheroiduniverse.io/">Spheroid Universe</a>, a futuristic Metaverse that augments the real world in every part of the Earth, has announced the upcoming launch of artificial intelligence <a href="https://avatars.spheroid.io/">(AI) Avatars</a> that will inhabit the world around us via augmented reality (AR). This ground-breaking development will deliver breakthrough opportunities across numerous business platforms – from e-commerce and retail to advertising, sales, general customer, and consumer interactions and more.<a href="https://coinjournal.net/wp-content/uploads/2023/04/photo_5291806700229216157_y_1680771713urEyCEfIrv.jpg">Media</a>As a frontrunner in the field of Web 3.0 technology and particularly in the Metaverse, Spheroid develops tools for business that explore the potential of AR tech. The company aims to help businesses become leaders as early adopters of cutting-edge technological advances – such as the new AI Avatars that will be available shortly.<a href="https://coinjournal.net/wp-content/uploads/2023/04/output-onlinepngtools_1680771823bzwdC2OvRl.jpg">Media</a>“The accessibility and practically unlimited potential of AI Avatars that exist within an AR world will encourage faster uptake of the latest AI and Web 3.0 technologies amongst businesses,” explained Andrey Almiashev, CEO, Spheroid Universe. “There is an immense opportunity for our new AI Avatars to be deployed in customer-facing scenarios, such as in sales offices or retail environments. They will create a unique and lasting customer experience, helping brands to reposition themselves as early adopters and forward-thinking with an eye on how technology is reshaping our future. We have developed our AI Avatar product to the highest specifications, even integrating the increasingly popular ChatGPT platform to enhance communication and interactions with humans. This is an exciting time for AI and AR, as we see the boundaries between reality and technology blur even further.”By integrating AI chatbot ChatGPT into its Avatars, Spheroid is ensuring the smoothest possible interactions with people at all times. The Avatars also incorporate voice recognition and voice synthesis technologies, which will make communication quick, habitual, and convenient for users.<a href="https://coinjournal.net/wp-content/uploads/2023/04/output-onlinepngtools_1_1680771989OD7ldguI6C.jpg">Media</a>Spheroid’s AI Avatars are not only intelligent, but able to be designed to take on any visual appearance without the limitations of the physical world. They can be created as unique characters that truly represent their brands, from both a visual and interactive perspective – including how they communicate with customers. This leads to a product that is incredibly flexible, with almost unlimited usage across commercial, entertainment, and educational applications, amongst others.According to Andrey Almiashev: “The combination of AI and AR technologies will redefine the way that businesses communicate with their customers over the course of the next five years. We’re living in a very interesting time, during which we will be able to see for ourselves the impact that AI and AR will have on human civilisation – and we are more than happy to help businesses explore the expansive potential that will come from this.”Spheroid is also planning to integrate their AI Avatars into Apple’s Smart Glasses for an even more immersive experience, which is expected to be released by Apple later this year.<strong>About Spheroid</strong><a href="https://spheroiduniverse.io/">Spheroid Universe</a> (Spheroid), an Extended Reality Metaverse company, has announced that it has secured an investment commitment from ABO Digital for its utility token SPH. Spheroid is a platform for developing Extended Reality projects. The technological basis of the platform is the Spheroid XR Cloud and the Spheroid Script programming language designed for AR/XR creation.<a href="https://coinmarketcap.com/…
spheroiduniverse.io
Spheroid Universe
Spheroid Universe is a platform for entertainment, games, advertising and business in the world of planet Earth’s augmented reality.
EOS price has bounced back in the past few days as investors focus on the upcoming EVM integration and the potential business deal with Hong Kong. The coin jumped to a high of $1.23, which was higher than last week’s low of $0.90.EVM launch and Hong KongThe biggest EOS news was the decision by the developers to integrate Ethereum Virtual Machine (EVM) in the network. EVM is a piece of software that executes smart contracts in Ethereum’s network. It also computes the state of the Ethereum network after each block is added to the chain.This is important for EOS because it means that dApps developed in its ecosystem will be compatible with those created in Ethereum. Ethereum is the biggest smart contract platform in the world. Therefore, this integration will suit developers and users.This explains why other leading chains have launched their EVM platforms. In March, popular platforms like IOTA, Zilliqa, Filecoin, and Cardano are working towards integrating the EVM capabilities.The other main reason why EOS price is rising is a tweet by Yves La Rose, the CEO of the EOS Foundation. In it, he said that he was traveling to Hong Kong for a nine-day business trip. He also hinted that he will speak with officials on how EOS can play a role in the economy. Heading to Hong Kong this weekend! 🇭🇰✈️During my 9-day trip, I'll be working out of the @EOSNFoundation's HK office and attending 20+ events.One of the focuses of my trip is to collaborate with HK government officials to determine how $EOS can play a key role in their future.— Yves La Rose (@BigBeardSamurai) April 5, 2023The biggest risk for EOS is that its ecosystem is still small despite the fact that the developers raised over $4 billion in their Initial Coin Offering (ICO). Also, competition in the industry has grown, with some of the biggest names being Polkadot and Avalanche.EOS price forecastMediaThe daily chart shows that the EOS crypto price has been in a strong bullish trend in the past few days. In this period, the coin has moved above the 50-day and 25-day moving averages. The coin has formed a cup and handle pattern, which is usually a bullish signal. It has also formed a rising wedge pattern, which is usually a bearish sign.Therefore, the outlook of the coin is a bit mixed at this point. A bullish view will only be confirmed if the coin manages to move above the key resistance at $1.3362, thee highest point on March 3. A drop below the support at $1.10 will invalidate the bullish view,How to buy EOSeToroeToro 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 EOS with eToro today Disclaimer Binance.USBinance.US provides secure and reliable access to the world’s most popular cryptocurrencies, with some of the lowest fees in the industry.Buy EOS with Binance.US todayThe post EOS price is bouncing back: here are the possible reasons appeared first on CoinJournal.
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EOS Price Index - Real Time Price Graph | CoinJournal
View the real-time EOS price, conversion rates (USD, GBP, EUR), charts, predictions, latest EOS price news and more.
Key takeawaysMYRIA, the native token of Myria, has launched on the OKX exchange.The token has a total supply of 50 billion.The team also announced the launch of its second major NFT airdrop for the Myria community. MYRIA launches on OKX exchangeMYRIA, the native token of the Myria platform, has launched on the OKX cryptocurrency exchange. This is according to the press release shared with Coinjournal. Myria is an L2 blockchain scaling solution on the Ethereum network. The platform leverages ZK roll-up technology to offer players and developers near-instant transactions with a speed of over 9000 tps, zero gas fees on transactions, and free NFT minting.According to the team, Myria already has more than 250 third-party gaming projects already operating on its platform. Furthermore, Myria has more than a million registered users, with more than 350,000 community members. The launch of MYRIA on the OKX exchange is a major milestone in Myria’s milestone. MYRIA is an ERC-20 token that has numerous use cases within the ecosystem, including governance, staking, protocol fees, node purchases, and in-game utility.Myria revealed that MYRIA would have more use cases as the platform grows. While commenting on this latest cryptocurrency news, Myria co-founder and Head of Blockchain Brendan Duhamel, said;“Our token launch is another step towards our goal of building and scaling innovative blockchain games securely and effectively. Within a short time, Myria managed to bring onboard 1 million users and make it easier for gaming studios to build Web3. This is what will truly scale the ecosystem, and our goal is to make it easier for both players and game studios to enter the Web3 space.”MYRIA has a 50 billion token supplyRevealing its tokenomics, the team said MYRIA has a maximum supply of 50 billion tokens. Of this number, the ecosystem fund takes 40%, node rewards gets an allocation of 36%, project development with 19%, liquidity provision has 3%, and strategic reserve takes the remaining 2%. To celebrate the launch of MYRIA on OKX, community members would have the chance to participate in the Alliance Key NFT Airdrop. This will be the second major NFT airdrop, providing gamers with in-game utility.The team also revealed that its public node sale will go live on April 7, bringing the network into a new realm of true decentralization. OKX, one of the leading cryptocurrency exchanges in the world, recently announced that it would cease its operations in Canada, citing regulatory challenges in the country.The post Layer 2 Blockchain gaming platform Myria’s native token is now live on OKX appeared first on CoinJournal.
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CoinJournal
OKB price dips: OKX to cease operations in Canada
The price of OKB has dipped by almost 6% after the crypto exchange revealed that it will be ceasing operations in Canada in three months’ time.
Key TakeawaysMicroStrategy has purchased another thousand Bitcoin, taking their holdings to 140,000 at an average price of $28KThe total investment is now $4.2 billion, with the company’s fate tied to the Bitcoin priceCEO Saylor remains ultra-bullish, but has no regard for risk managementFor investors, someone may as well just purchase Bitcoin directlyMicroStrategy is at it again. The software company, which is now essentially a <a href="https://coinjournal.net/bitcoin/">Bitcoin</a>-holding company, has purchased another 1,045 Bitcoin. The company now holds 140,000 coins, with Michael Saylor’s now-trademark Twitter post announcing the latest investment to the world Wednesday. MicroStrategy has acquired an additional 1,045 <a href="https://twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw">#bitcoin</a> for ~ $29.3M at an average price of $28,016 per bitcoin. As of 4/4/2023 <a href="https://twitter.com/MicroStrategy?ref_src=twsrc%5Etfw">@MicroStrategy</a> holds 140,000 bitcoin acquired for ~$4.17 billion at an average price of $29,803 per bitcoin. <a href="https://twitter.com/search?q=%24MSTR&src=ctag&ref_src=twsrc%5Etfw">$MSTR</a> <a href="https://t.co/IBufTxalnv">https://t.co/IBufTxalnv</a>— Michael Saylor⚡️ (@saylor) <a href="https://twitter.com/saylor/status/1643586872839471105?ref_src=twsrc%5Etfw">April 5, 2023</a>MicroStrategy’s 140,000 stash of Bitcoins is the largest holding of any public company. It constitutes 0.72% of the entire supply, meaning they own 1 in every 138 Bitcoins currently in circulation. A long way to go to Satoshi Nakamoto and his/her approximate stash of 1 million coins (5.2% of the supply), but Saylor is on his way. The latest purchase was locked in at average price of $28,016 per Bitcoin, bringing the average price to $29,803, meaning the company is slightly underwater on the $4.17 billion investment.Michael Saylor doesn’t do risk managementCEO Saylor’s conviction remains unwavering, while his disdain for portfolio diversification is also unchanged. For me, regardless of your thoughts on Bitcoin as an investment, it is difficult to get on board with an investment of this scale. The risk is extreme, with the fate of the company now well and truly in the hands of the capricious crypto gods. A look at the share price action shows how tightly correlated it now is with Bitcoin. MicroStrategy shed three-quarters of its value last year as Bitcoin plummeted amid the bear market, but has doubled this year as Bitcoin has bounced back. Saylor’s conviction may be admirable, but his risk management not. This is especially pertinent when looking at his rhetoric regarding advising people on what to do with their funds – again, nothing to do with Bitcoin, but the failure to understand the risk tolerance and financial circumstances of everyday people is jarring:<em>“Take all your money and buy Bitcoin. Then take all your time to figure out how to borrow more money to buy more Bitcoin. Then take all your time to figure out what you can sell to buy Bitcoin.</em> <em>And if you absolutely love the thing and don’t want to sell it, go mortgage your house and buy Bitcoin with it. And if you’ve got a business that you love because your family works for the business – if it’s been in the family for 37 years and you can’t bear to sell it – mortgage it, finance it and convert the proceeds into the hardest form of money on earth, which is Bitcoin”</em>The interview occurred in March 2021. Bitcoin was trading north of $56,000 at the time, approximately double what it is currently. I sincerely hope that nobody listened to his advice of this billionaire and mortgaged their house or business. And again, this is not a discussion on the merits or price of Bitcoin. The same logic would hold if Bitcoin was now $200,000 per coin. Not that it needs to be said, but for the record, mortgaging your future and your entire financial well-being on one asset – and especially one as volatile as Bitcoin- is, well, <em>not smart. </em>Nonetheless, Saylor is intent on doing this with MicroStrategy.…
CoinJournal
Bitcoin Price Index - Real Time Price Graph | CoinJournal
View the real-time Bitcoin price, conversion rates (USD, GBP, EUR), charts, predictions, latest BTC price news and more.
Crypto market news has been inundated in recent weeks with the easing of markets as the crypto bull run gains momentum. Nowhere has the improvement in conditions been felt more than in the GameFi sector, which continues to see impressive gains being posted among the big names in the crypto gaming sector.However, the real crypto market good news story is that of play-to-earn (P2E) virtual gaming arcade, Metacade (MCADE), which exceeded expectations during its recent presale event, which raised $16.35m. MCADE is predicted to post impressive results when listed on leading crypto exchanges Uniswap and Bitmart in April 2023.Metacade’s comprehensive earning mechanics are unrivaled within the GameFi sector, making it one of the most desirable investment opportunities as the crypto bull run revs up.Everything you need to know about the MCADE crypto exchange listingMetacade’s hugely successful token presale has generated enormous momentum among its early-stage investors which looks set to spill into the public consciousness as the token readies itself to be listed on leading crypto exchanges. The MCADE IDO is due to launch this week, with the token listing on UniSwap at $0.022.This hotly-anticipated P2E platform combines some of the most addictive online gaming experiences to be found anywhere on the blockchain with a wide-ranging crypto rewards system that offers users unrivaled avenues to earn passive income online as they play.In addition to the UniSwap listing on 6th April, the MCADE token will also be listed on Bitmart in April and MEXC in early May. These upcoming listings could produce ferocious buy action on the token, helping it illustrate its reputation as one of the top-performing new investments of 2023.As the earliest presale investor got hold of MCADE tokens for the princely sum of $0.008, other investors got on board during the ICO at a higher price due to the speed with which demand spread during the presale event. With every round of the presale selling out entirely, the token’s scarcity upon listing, and the wildly attractive project plan, MACDE looks set to appreciate over the coming weeks and months to unprecedented levels.How high will MCADE go this year?The GameFi revolution continues to lead crypto market news headlines as the crypto bull run gains momentum. So Metacade has come at the right time to fully reap enormous dividends. The project has captured the attention of experts eager to see if MCADE can make good on its promise and surge toward the $1 barrier by the end of 2023.The diverse gaming experience offered by the platform gives it a competitive advantage over other GameFi titles, which primarily rely on a single title or gameplay experience to attract fans. With an overall market cap of $2 billion required to drive MCADE to $1, it has plenty of work to do to achieve this milestone, but it would take a brave soul to bet against it happening.This price potential is driven by the array of incentives available to drive user retention, particularly outside the traditional P2E sphere. As a result, its comprehensive rewards scheme is set to continually improve the user experience, likely leading to increased demand for MCADE as a utility token, even before it realizes its value as a governance coin.What is Metacade?<a href="https://metacade.co/en?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal&utm_content=16">Metacade</a> is set to revolutionize the online gaming space by building the most extensive P2E virtual arcade, positioning itself as a vital member of the burgeoning GameFi sector. Metacade’s ambitious <a href="https://metacade.co/whitepaper.pdf">white paper</a> sets out its objectives to build the largest online community of gaming enthusiasts and crypto fans thanks to its innovative rewards system that provides several opportunities for users to gain income, not only through gameplay but via token staking and socially interacting with the community.The native MCADE token presents investors with an exciting and once-in-a…
Famed investor Jim Cramer shares his view on Coinbase stock.BofA analyst reiterates his underperform rating on COIN.Coinbase stock is down nearly 30% versus its year-to-date high.Coinbase Global Inc (NASDAQ: COIN) has lost nearly 30% in recent weeks but famed investor Jim Cramer still doesn’t dub it an opportunity to invest in it.Cramer shares his view on the Coinbase stockThe Mad Money host is disappointed that the crypto exchange did not benefit in terms of inflows amidst the recent bank failures. On CNBC’s “Squawk Box”, he said:I figured that, not to me, but to some people they were the JPMorgan of the business. So, the money goes to JPMorgan. Doesn’t look like it. I wouldn’t touch this thing at all.Last month, the crypto company received a Wells notice from the Securities and Exchange Commission for violating U.S. securities laws.Remember that year-to-date, Coinbase stock is still up 90% at writing.Bank of America is bearish on Coinbase stockAlso on Thursday, a Bank of America analyst cited data from CoinGecko and said transaction volumes remained roughly flat for Coinbase in the first quarter (sequentially), missing consensus by a whopping $24 billion.That’s when crypto prices have been trending up since the start of the year. That’s noteworthy as transaction volume makes up a huge chunk of its total revenue.Jason Kupferberg also cited a 6.0% decline in app downloads (data from Sensor Tower) as he reiterated his “underperform” rating on Coinbase stock. At 2.7 million, app downloads in Q1 were the lowest since the third quarter of 2020. The analyst added:While we don’t see much risk to Coin’s 1Q interest income, USDC’s market cap has fallen 24% since the bank crisis started, which could add risk to interest income estimates over the next few quarters.The post Jim Cramer on Coinbase stock: ‘I wouldn’t touch this thing at all’ appeared first on CoinJournal.
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CNBC
Cramer's Mad Dash on Coinbase: I would not touch this thing at all
CNBC's Jim Cramer delivers his daily Mad Dash.
<a href="https://coinjournal.net/price/">Cryptocurrency prices</a> went nowhere this week as focus remained on the happenings in the United States, where data revealed that the economy was weakening. Bitcoin price remained in a consolidation phase even as the US dollar index (DXY) plunged. Ethereum was a major winner as its price approached $2,000. This coin price prediction will like at key coins like Casper, XRP, and Dogecoin.Dogecoin price predictionOne of the biggest <a href="https://coinjournal.net/news/">cryptocurrency news</a><strong> </strong>was the decision by Twitter to change its logo into Dogecoin’s logo. The move pushed both DOGE and other meme coin tokens sharply higher as investors pondered the next actions by Elon Musk. <a href="https://coinjournal.net/dogecoin">Dogecoin</a> price soared to a high of $0.10, the highest point since December 5 last year. It then quickly unraveled and has dropped in the past four straight days. During this decline, the token moved below the important resistance level at $1, the highest point on February 4. DOGE remains above the 25-day and 50-day moving averages while the Relative Strength Index (RSI) has moved below the overbought level. Therefore, because of the RSI trend, I suspect that the coin will continue falling during the weekend as sellers target the key support level at $0.07. Still, we can’t rule out a situation where the coin bounces back as investors buy the dip.<a href="https://media.igms.io/2023/03/07/1680863950319-91f78488-a0ad-45cc-a3df-125f054e570f.png">Media</a>How to buy DogecoineToroeToro 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.<a href="/visit/etoro-crypto?guid=MTM2NjY4&component=simple-table&language=en&country=US&state=VA&position=1&totalPositions=1">Buy DOGE with eToro today</a> Disclaimer XRP price predictionThe XRP price has done well in the past few weeks as investors observe the Ripple vs SEC case. Expectations are that the case will end soon and that Rippple will prevail. Other analysts believe that the XRP price will do well regardless of how the case ends in the long run.On the daily chart, we see that the <a href="https://coinjournal.net/ripple/">Ripple</a> price jumped to a high of $0.5861 in March, as we wrote <a href="https://coinjournal.net/news/xrp-price-prediction-xrp-bulls-wake-up-as-ripple-vs-sec-decision-edges-closer/">here</a><strong>. </strong>The coin has now pulled back and retested the important support at $0.4932, the highest point on March 21st. This is known as a break and retest pattern, meaning that the coin will continue rising as buyers attempt to retest the year-to-date high of $0.58.<a href="https://media.igms.io/2023/03/07/1680863950834-0e53e616-768d-4e59-a328-58d66025dee7.png">Media</a>How to buy RippleeToroeToro 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.<a href="/visit/etoro-crypto?guid=MTM2NjY4&component=simple-table&language=en&country=US&state=VA&position=1&totalPositions=2">Buy XRP with eToro today</a> Disclaimer BitstampBitstamp is a leading cryptocurrency exchange which offers trading in fiat currencies or popular cryptocurrencies. Bitstamp is a fully regulated company which offers users an intuitive interface, a high degree of security for your digital assets, excellent customer support and multiple withdrawal methods.<a href="/visit/bitstamp-crypto?guid=MTM2NjY4&component=simple-table&language=en&country=US&state=VA&position=2&totalPositions=2">Buy XRP with Bitstamp today</a>Casper price predictionThe daily chart shows that the CSPR price has been in a slow bullish trend in the past few weeks. The token has been supported by the risng trendline shown in orange. It has moved above the 25-day and 50-day moving averages while the RSI has moved above the middle line…
CoinJournal
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Crypto projects are seeking non-US jurisdictionsThere has been a surge in crypto-targeted crackdowns by authorities in the US.On the contrary, East Asian countries have been making strides to promote crypto in the last few months.Seychelles-based crypto exchange Bitget has launched a new $100 million Asia-Focused Web3 Fund. The cryptocurrency exchange aims to take advantage of the recent strides by a majority of Asian countries to promote cryptocurrencies over the last months as opposed to the recent crypto crackdowns in the United States according to recent crypto news.The exchange seems to follow in the footsteps of the Huobi cryptocurrency exchange, which IN February intends to expand into Hong Kong by seeking a license to operate in the country.Hong Kong is seemingly easing its crypto regulations while Japan recently approved a whitepaper for Web3 development.In a statement sent to media outlets, Gracy Chen, the Managing Director of Bitget, said:“Despite the bear run, Bitget has always been supporting promising and innovative projects and the development of the Web3 environment with a focus on BUIDL. The launch of Bitget Web3 Fund is a continuation of our ongoing efforts to drive the adoption of crypto and Web3, reflecting our ‘Go beyond derivative’ strategy in 2023.”A self-funded fundAccording to a spokesperson at Bitget, the newly unveiled fund will be self-funded. The spokesperson said:“Bitget is debt-free with adequate cash flow, thanks to its steady development and fast-growing business.”Bitget exchange seems to be on an investing spree since the launch of this fund comes days after the exchange made another $30 million investment into the decentralized multi-chain wallet BitKeep.The post Bitget starts a new $100M fund targeting Asian Web3 startups appeared first on CoinJournal.
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Crypto exchange Huobi Global seeking license to expand in Hong Kong
Huobi Global is planning to get a license in Hong Kong to allow it to accommodate retail customers.