The recent collapse of Silicon Valley Bank has rekindled fears from traditional finance that a prolonged recession is imminent. On the one hand, rising retail prices require quantitative tightening measures, and on the other hand, rising interest rates are harming financial institutions.What could this uncertainty mean for the crypto market, including Bitcoin (BTC), altcoins, and brand-new projects such as AltSignals (ASI)?What could the collapse of Silicon Valley Bank mean for the crypto market?Silicon Valley Bank, previously the 16th largest commercial bank in the US, <a href="https://edition.cnn.com/2023/03/13/investing/silicon-valley-bank-collapse-explained/index.html">collapsed rapidly after a classic bank run left the institution unable to repay its creditors</a>. This led to fears of a 2008-style collapse in the US banking system, which would have far-reaching implications for the rest of the global financial market.The crypto market is unlikely to be safe from a widespread loss of faith in the financial system; however, Bitcoin saw its highest daily price increase in the wake of the collapse of Silicon Valley Bank.BTC’s 45% price rise almost mirrors a rapid increase in the price of gold, which hints that large institutions have treated the top cryptocurrency as a hedge against financial collapse. However, altcoins in the crypto market have not responded with the same relative strength, which may indicate further trouble over the coming weeks.Whether the crypto market continues to follow Bitcoin’s price patterns awaits to be seen. Despite the recent Silicon Valley Bank news, the crypto market continues to push toward local highs, and new platforms such as AltSignals look ready to capitalize on that movement.ASI presale continues to attract investment during uncertain crypto market conditionsThe AltSignals crypto presale is a long-awaited event, as the project has supported over 50,000 users with profitable trading signals since it first launched in 2017. <a href="https://token.altsignals.io/?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal_currentevents&news&utm_content=as_presale%20_1&utm_id=114">AltSignals</a> is now expanding its blockchain offering to include an AI-powered trading toolkit called ActualizeAI.The ASI presale attracted $112k during the same period that Silicon Valley Bank collapsed. This may be an uncharacteristic sign of strength relative to other altcoins in the crypto market, which is likely to indicate considerable upside for the token when it is launched on digital asset exchanges later in the year.What is AltSignals?<a href="https://token.altsignals.io/?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal_currentevents&news&utm_content=as_presale%20_1&utm_id=114">AltSignals</a> is an online trading group that uses algorithmic tools to deliver signals with an unparalleled rate of accuracy. The proprietary indicator released by the platform, AltAlgo™, has consistently signaled profitable crypto market trades with over 70% accuracy and has helped traders who matched its calls to 10x their portfolio in 19 separate months.The new AI-powered trading stack, currently under development by AltSignals, is designed to optimize the frequency and accuracy of trading signals shared within the group. ActualizeAI leverages <a href="https://www.bloomberg.com/news/articles/2023-02-01/traders-see-ai-technology-shaping-their-future-jpmorgan-finds?leadSource=uverify%20wall">natural language processing (NLP) and predictive modeling</a> to bring machine learning capabilities to the project’s algorithmic indicators.AltSignals’ new token, ASI, will supercharge the new blockchain services available on the platform and provide direct access to ActualizeAI. A core aim of the AltSignals project is to help traders of all skill levels navigate volatility in the crypto market while making sizable profits over the long term.How does ASI work?The primary utility of the ASI token is to finance the development and provide access…
DigiToads (TOADS) presale has surpassed the $1 million mark as the project’s unique and innovative play-to-earn game attracts investors.A transparent team has helped raise investor confidence in DigiToads.The DigiToads presale is at stage 3 level, with the price of TOADS set to increase at the next stage.In <a href="https://coinjournal.net/cryptocurrencies/">cryptocurrency</a>, the buzz around the best crypto-meme coins grows louder daily. The latest entrant into this fast-growing market is a new meme coin that already raised over $1.1 million in its presale phase. The new cryptocurrency hit the milestone within just one month as investors look to the new asset as a project with great potential.Here we explore the exciting developments surrounding this new meme coin and what it means for the future of cryptocurrency.<strong>DigiToads (TOADS) ERC20 token: $1 million presale triumph fuels crypto revolution</strong>The <a href="https://digitoads.me/cjl">DigiToads (TOADS)</a> ERC20 token has managed to captivate investors’ interest with its one-of-a-kind traits and pioneering approach to technology. Following the success of the presale, which has amassed an impressive sum of over $1 million so far, there is a substantial demand for this altcoin. The promising outcome of DigiToads’ (TOADS) presale and its expected expansion suggest that it could be a valuable option for those seeking long-term investments. Investors looking for the best NFTs and a unique and innovative crypto project should closely monitor DigiToads.The deflationary aspect of the TOADS ERC20 token is a standout attribute. If you are an investor in search of a dependable and stable long-term investment, this could be that asset. The DigiToads tokenomics features a token burn mechanism where the token’s supply will gradually reduce as tokens are permanently removed from circulation. As a deflationary model, this has the effect of consequent appreciation in the value of the TOADS token over time. <a href="https://digitoads.me/cjl">>> Buy DigiToads Now <<</a><strong>DigiToads’ (TOADS) altcoin P2E game is a game-changer</strong>The DigiToads presale, which is set to proceed to stage four, has attracted investors keen on the play-to-earn (P2E) game ecosystem the altcoin offers. On top of an immersive and enjoyable gaming experience, DigiToads users will also have access to opportunities allowing them to earn rewards. Adding an attractive NFT staking feature to the TOADS token ecosystem has made the project even more popular within the growing NFT market.The valuable Platinum TOADS tokens, a type of DeFi token, offers investors the opportunity to lock in high returns in the market. The feature is a game-changer, with investor anticipation of what benefits it will unlock, helping drive interest in the DigiToads token.<strong>DigiToads’ (TOADS): Transparent team boosts investor confidence in crypto</strong>The DigiToads (TOADS) presale has primarily been successful because of the team’s dedication to transparency and honesty. By fully revealing their identities and backgrounds, the team has gained the trust and confidence of investors.Investors enjoy increased flexibility when trading DeFi tokens since there is no vesting period to restrict them. The DigiToads team plans to conduct a consult audit to boost investor confidence, showcasing their commitment to maintaining a secure and transparent investment environment.As interest in crypto as an investment continues to grow, more and more people are becoming aware of what it means to invest in a top-quality project. Part of the due diligence is on the team, with aspects like transparency key. The DigiToads token’s unique approach to crypto gaming and its team’s commitment to keeping things safe and transparent, is the reason this project could be one of the top crypto to invest in going forward.The DigiToads meme coin presale highlights the growing appeal of cryptocurrency as an investment, with investors turning to these innovative assets as a way to diversify their…
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Saga will be available for customers to purchase from May 8th.The android smartphone serves as a crypto hardware wallet.Saga comes with a custom store for crypto-specific apps.On Thursday, Solana Labs said “Saga” – its crypto-first smartphone will be available for customers to purchase from May 8th.Saga also serves as a hardware walletThis device equipped with the latest Android operating system features a “seed vault” that turns it into a crypto hardware wallet.Saga was originally unveiled in June of 2022 as a bet on how pivotal a cellphone is to the future of crypto. For $1,000, the smartphone offers 512 GB of storage, a 6.67-inch OLED display, a dual-camera setup, and 12 GB of RAM.Solana differentiates its handset with the “Solana Mobile Stack” that has embedded security features for crypto transactions and trading.Saga comes with a custom ‘dapp’ storeA dedicated “dapp” store on the Saga currently has more than a dozen crypto-specific applications and that number is expected to increase over time.Unlike Apple or Google, Solana also doesn’t plan on charging “extractive fees” on the apps listed on its custom store. For regular apps, users will turn to Google Play as they would on any other android smartphone, the company confirmed.Shipping has already started for customers who pre-ordered Saga, which aims to integrate the Web3 experience into a cellphone. Remember that the likes of Sirin Labs and even HTC have previously failed to launch a crypto-focused smartphone.The post Solana’s crypto-first ‘Saga’ android phone is now only weeks away appeared first on CoinJournal.
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<strong>Toronto, Canada, April 14th, 2023, Chainwire</strong><a href="https://confluxnetwork.org/">Conflux</a>, the only regulatory-compliant blockchain in China, has proposed deploying Uniswap v3 on its network alongside CNH (offshore Chinese Yuan) stable currency, and joining the Curve Wars with its mainnet token CFX bridged to Ethereum mainnet, known as eCFX. This proposal comes after <a href="https://www.binance.com/en/amp/support/announcement/67822fd9c9c24275af4d90aef4688479">Binance’s announcement</a> that it will support Conflux Network’s (CFX) mainnet integration. The hope is to attract more initiatives, establish liquidity pools to facilitate the exchange of CFX tokens, and implement incentives that promote liquidity, ultimately increasing the network’s worth and usage.By deploying Uniswap v3 on Conflux eSpace, the Uniswap community gains access to a wider range of trading opportunities with both USD- and CNHC-based pairs. This development is particularly timely in light of regulatory restrictions facing USD-based stablecoins. Furthermore, projects operating in currencies other than USD will benefit greatly from this deployment, especially Asian projects that can now use CNH for settlements without worrying about currency fluctuations.Conflux has opted to participate in a highly intricate Defi ecosystem in parallel, with the aim of drawing the attention of ETH DeFi players. Conflux’s cross-chained <a href="https://twitter.com/search?q=%24CFX">$CFX</a> on Ethereum, <a href="https://twitter.com/search?q=%24eCFX">$eCFX</a>, offers a liquidity pair with ETH on Curve. Following an on-chain vote by the Curve DAO, the Curve pool (eCFX-ETH) has been officially approved and added to the Curve Gauge. You can find the vote results here: <a href="https://dao.curve.fi/vote/ownership/312">https://dao.curve.fi/vote/ownership/312</a>.Furthermore, the aforementioned pool is now available for staking on Conflux, enabling DeFi users to operate deeper within the Curve ecosystem. While Curve has been deployed on several other networks before, none of these networks initially launched a pool on Curve (Ethereum) prior to welcoming Curve on their platform. Conflux’s choice to do so indicates their efforts to establish contact with the Curve community while on Ethereum and offer a new Curve pool for Asian DeFi projects before a possible launch of Curve on Conflux eSpace.The intersection of US and EU regulatory barriers on blockchain and the recent supportive regulations on blockchain in Hong Kong emphasize how crucial the Chinese market is for the development of Web3 projects.Over 84% of global blockchain applications have been submitted in China, dwarfing submissions in the UK (11%) and the US (14%), which confirms that China represents one of the most innovative markets in Web3.“By integrating eCFX with the Curve ecosystem, our team aims to demonstrate a strong commitment to robust DeFi,” says Christian Oertel, Global Expansion Manager. “As Uniswap prepares to launch on Conflux, more tokens developed by Asia-based teams will be incentivized to build bridges into this burgeoning ecosystem. Once Conflux reaches an appropriate scale, our team plans to natively deploy Curve Finance, bringing the efficient stablecoin AMM-giant to Asia’s own DeFi-centric blockchain.”<strong>About Conflux Network</strong><a href="https://confluxnetwork.org/">Conflux</a> is a permissionless Layer 1 blockchain connecting decentralized economies across borders and protocols. Recently migrated to hybrid PoW/PoS consensus, Conflux provides a fast, secure, and scalable blockchain environment with zero congestion, low fees, and improved network security.As the only regulatory-compliant public blockchain in China, Conflux provides a unique advantage for projects building and expanding into Asia. In the region, Conflux has collaborated with global brands and government entities on blockchain and metaverse initiatives, including the city of Shanghai, McDonald’s China, and Oreo.ContactMelissa Tirey, melissa@shift6studios.comThe…
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Altcoins are soaring, with the prices of Arbitrum, Aptos, Loopring , Optimism and Rocket Pool seeing double digit gains.Ethereum price broke above $2,100 and ARB, RPL and OP prices are among the biggest gainers in the top 100 cryptocurrencies by market cap today.Analysts says altcoins have been buoyed by ETH breakout after Shanghai, even as Bitcoin dominance fell.<a href="https://coinjournal.net/news/tag/altcoins/">Altcoins</a> are thriving, but have a small window to see some joy amid the latest spike for <a href="https://coinjournal.net/ethereum/">Ethereum price</a>, a top analyst has said.Crypto market intelligence platform Santiment <a href="https://twitter.com/santimentfeed/status/1646627210768576518">highlighted</a> the move among altcoins as coming amid a pivot of profits from Bitcoin to smaller cap cryptocurrencies. The sentiment flip around alts also happens at a time Ethereum dominates the social discussion volume following its breakout above $2k.ARB, RPL and OP prices soar as profits pivot to altcoins amid ETH breakoutOn Friday, as ETH broke above $2,100 for the first time since May 2022, several altcoins followed suit, with <a href="https://coinjournal.net/aptos/">Aptos (APT)</a>, Arbitrum (ARB), <a href="https://coinjournal.net/rocket-pool/">Rocket Pool (RPL)</a>, Optimism (OP) and Loopring (LRC) registering mega moves.Arbitrum has spiked more than 18% in the past 24 hours to hit highs of $1.57, while Aptos price was also up double digits as bulls pushed for $14. Meanwhile, Loopring traded to highs of $0.45 with +11% and Rocket Pool traded to near $52 with 18% in 24 hours. Optimism price rose to $2.64 with another +10% gain.According to on-chain data, the altcoin market is starting thrive after Bitcoin (BTC) dominance over the past few weeks.📈 After <a href="https://twitter.com/hashtag/Bitcoin?src=hash&ref_src=twsrc%5Etfw">#Bitcoin</a>'s price dominance over many assets earlier in the week, Thursday has been <a href="https://twitter.com/hashtag/altcoins?src=hash&ref_src=twsrc%5Etfw">#altcoins</a>' turn to shine on a day that <a href="https://twitter.com/hashtag/Ethereum?src=hash&ref_src=twsrc%5Etfw">#Ethereum</a> finally breached $2k for the first time in 8 months. Among top 100 market cap assets, <a href="https://twitter.com/search?q=%24ARB&src=ctag&ref_src=twsrc%5Etfw">$ARB</a>, <a href="https://twitter.com/search?q=%24APT&src=ctag&ref_src=twsrc%5Etfw">$APT</a>, <a href="https://twitter.com/search?q=%24HEX&src=ctag&ref_src=twsrc%5Etfw">$HEX</a>, and <a href="https://twitter.com/search?q=%24RPL&src=ctag&ref_src=twsrc%5Etfw">$RPL</a> are the big gainers. <a href="https://t.co/soZJtaYwFP">pic.twitter.com/soZJtaYwFP</a>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1646627210768576518?ref_src=twsrc%5Etfw">April 13, 2023</a>While BTC extended its gains above $30k – hitting highs of $30,800 on Friday – the major move was seen in Ether after the super successful <a href="https://coinjournal.net/news/what-is-the-ethereum-shanghai-upgrade-when-is-it/">Shanghai upgrade</a>. ETH/USD first <a href="https://coinjournal.net/news/ethereum-breaks-2000-as-shanghai-upgrade-completes-leads-crypto-market/">broke above $2,000</a> and then followed that up with a decent punch above $2,100 (buying pressure pushed Ethereum price to highs of $2,130 on crypto exchange Bitstamp.Analyst Captain Faibik <a href="https://twitter.com/CryptoFaibik/status/1646784009794363394">says</a> the Bitcoin Dominace as measured by the market cap parabolic curve formation is showing a sell point. BTC dominance has shrunk to 44%, while that of Ethereum has risen to 19%. As the price of BTC rises and BTC.D falls, it suggests alts have a massively bullish opportunity and may begin to rally.<a href="https://twitter.com/search?q=%24BTC.D&src=ctag&ref_src=twsrc%5Etfw">$BTC.D</a> Parabolic Curve Formation in 1D TF Chart.Extremely Bullish for Altcoins. ✍️<a href="https://twitter.com/hashtag/Crypto?src=hash&ref_src=twsrc%5Etfw">#Crypto</a> <a href="https://twitter.com/hashtag/Al…
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Ethereum Price Index - Real Time Price Graph - CoinJournal
View the real-time Ethereum price, conversion rates (USD, GBP, EUR), charts, predictions, latest ETH price news and more.
<a href="https://coinjournal.net/price/">Cryptocurrency prices</a> had a strong performance this week as Bitcoin jumped above $30,000 and Ethereum soared to over $2,000. This rally coincided with the ongoing dollar sell-off, the latest American consumer inflation data, S<a href="https://coinjournal.net/news/ether-price-closes-in-on-2k-following-the-shanghai-upgrade/">hapellla upgrade</a>, and dovish Federal Reserve minutes. In this crypto price prediction, we will look at Arbitrum (ARB), Taboo Token, and EOS.Arbitrum (ARB) price predictionArbitrum is one of the newest crypto tokens since it was airdropped in March. In the first days of the airdrop, ARB token dropped as some insiders exited their positions and as concerns about its tokenomics remained.Arbitrum has now rebounded to an all-time high as investors cheer the growth of its ecosystem. It also jumped as activity in its key dApps increase and as other cryptocurrencies jumped. On the hourly chart, the token jumped above the important resistance level at $1.44, the highest level on March 31. ARB price remains above the 25-period and 50-period moving averages. It has also formed what looks like a bullish flag pattern. Therefore, I suspect that the token will continue rising in the near term as buyers target the key resistance at $2. This view will be confirmed if the token jumps above this week’s high of $1.59.<a href="https://media.igms.io/2023/03/14/1681476404230-19fd5132-1168-42e0-ac42-d71bc2e3c222.png">Media</a>EOS price prediction<a href="https://coinjournal.net/eos/">EOS</a> price had a strong performance this week as traders watched the upcoming rollout of its Ethereum Virtual Machine (EVM). The developers launched the mainnet beta of this version on Friday. EOS jumped to a high of $1.2967 on Friday and then pulled back. As it rose, EOS managed to move abve the key resistance at $1.2532, the highest point on April 11.EOS has now pulled back as it intends to retest the support at $1.2532. This performance is known as a break and retest pattern and is usually a sign of a bullish continuation. Therefore, there is a likelihood that the coin will resume the bullish trend as buyers target the key resistance at $1.30.<a href="https://media.igms.io/2023/03/14/1681476403575-f49ca7fd-63a3-4f5b-a726-a43b8a00124b.png">Media</a>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.<a href="/visit/etoro-crypto?guid=MTM2ODc1&component=simple-table&language=en&country=US&state=VA&position=1&totalPositions=2">Buy EOS with eToro today</a> 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.<a href="/visit/binance-us-crypto?guid=MTM2ODc1&component=simple-table&language=en&country=US&state=VA&position=2&totalPositions=2">Buy EOS with Binance.US today</a>VeChain price predictionThe VET price made a bullish breakout this week. As shown in the chart below, the coin has been forming a symmetrical triangle pattern that is shown in blue. In price action analysis, that pattern can lead to a breakout in either direction. In this case, it made a bullish breakout and moved to the highest point since March 3. Therefore, <a href="https://coinjournal.net/vechain/">VeChain</a> will likely continue rising considering that volume is also rising. If this happens, the next key level to watch will be at $0.30, which is 16% above the current level.<a href="https://media.igms.io/2023/03/14/1681476403592-14475825-4665-40b1-8440-2cd57836bde0.png">Media</a>How to buy VeChainBinance.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=MTM2ODc1&component=simple-table&language=en&country=US&state=VA&position=1&totalPositions=2">Buy VET with Binance.US today</a>KuCoinKucoin…
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Ether price closes in on $2k following the Shanghai upgrade
Ether is closing in on the $2k level for the first time since August 2022, following the completion of the Shanghai upgrade on the Ethereum network.
At press time, XRP was trading at $0.5281, up 3.53% in the last 24 hours.The XRP price has been soaring in correlation with Bitcoin’s (BTC) price.Ripple has today launched a business liquidity hub.Today’s launch of the business liquidity hub by Ripple Labs has added impetus to the already bullish XRP price. Over the last 30 days, the XRP price has risen by more than 40%.The splendid performance comes even as Ripple continues to defend itself in the ongoing case with the US SEC, which most believes is almost coming to a conclusion although no deadlines have been given by the court.Ripple’s business liquidity hubThe newly launched business liquidity hub will allow businesses to access liquidity for digital assets from various cryptocurrency exchanges, over-the-counter (OTC) marketplaces, and market makers across the world. The hub will integrate different solutions to help businesses access and manage liquidity across the various platforms.Business corporations will be able to leverage cryptocurrency liquidity and an expansive payout network to power treasury operations, payments, and other needs.The liquidity hub, which had been in pilot test since last year, will seamlessly bridge the gap between crypto and fiat systems. It uses advanced technology to get the best crypto assets rates thus eliminating the need for pre-funded capital positions with multiple liquidity platforms. This helps businesses cut their tied-up capital thus allowing them to efficiently manage their resources.The liquidity hub will be a round-the-clock service thus making digital assets transaction management flexible and fast while allowing businesses to effectively track their funds.Cryptocurrencies available in the business liquidity hubInterestingly, the business liquidity hub does not currently support XRP token. It supports five cryptocurrencies, including Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Ethereum Classic (ETC), and Bitcoin Cash (BCH).The absence of Ripple (XRP) has sparked a fierce reaction from the Ripple community though many believe it is because of the ongoing case against the US SEC that argues that XRP is a security, not a cryptocurrency.The post XRP price jumps after Ripple’s business liquidity hub launch appeared first on CoinJournal.
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Ripple Price Index - Real Time Price Graph | CoinJournal
View the real-time Ripple price, conversion rates (USD, GBP, EUR), charts, predictions, latest XRP price news and more.
Binance says the NFT will offer fans an opportunity to connect with their clubs during the tournament.Fans need to register and complete KYC before unlocking the NFT.The NFT will among other benefits give holders access to the soon-to-be launched gamified platform Fanverse.Binance, the world’s largest cryptocurrency exchange platform and leading blockchain infrastructure provider, has teamed up with the Brazilian Football Confederation (CBF) to launch the first-ever NFT of Brasileirão Assaí.“We believe crypto and blockchain are the future of money and the internet, bringing indisputable benefits to people, especially in developing countries,” Guilherme Nazar, the country manager for Binance in Brazil, said in a press release.The partnership with CBF will not just offer Brazilian football fans a chance to connect with their favourite clubs, but also an opportunity to learn about crypto. The NFT project will help these fans take advantage of the benefits of crypto and blockchain technology, Nazar added.NFT holders to win collectibles and other perksThe Brasileirão Assaí, or the Campeonato Brasileiro Série A, is a top football tournament in Brazil and the NFT initiative is targeted at enhancing match experience for fans. The NFT Season Pass is claimable for free by fans who follow three simple steps, Binance noted in a their announcement.Starting Friday, 14 April 2023, fans can redeem a serial code for the NFT by registering at the Brasileirão Assaí website. After accessing the Binance NFT landing page and registering on Binance, interested fans will proceed to complete a KYC process before unlocking the NFT.The NFT will offer other unique perks to football lovers in the country, including access to the gamified platform Fanverse, lower trading fees on Binance and discounts on courses offered by CBF. NFT holders will also participate in tournament related voting polls and match predictions where top performers stand a chance to win unique prizes, collectibles, and tickets.Brasileirão Assaí will begin on Saturday, 15 April 2023.The post Binance launches first NFT of the Brasileirão Assaí appeared first on CoinJournal.
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Boba Guys is a popular US tea retailer that operates in California and New York.Solana Foundation recently invested $100,000 into Boba Guys.Boba Guys has now tapped Solana for its loyalty rewards program.Solana has been chosen by popular US tea retailer Boba Guys for its loyalty rewards program just a day after Solana unveiled the flagship, security-conscious, crypto-first Android device Saga.Saga makes it easy and secure to self-custody digital assets and removes the friction associated with digital assets. It also features a Seed Vault, which makes it a hardware wallet. It is now available to customers who pre-ordered and will be available starting on May 8 for new orders.Boba Guys loyalty rewards program powered by SolanaThe popular tea retail chain selling bubble tea opened in 2011 and is seeking to further deepen its community and give back to its customers through its Web3 rewards initiative. The initiative will utilise Solana’s high-speed, low-cost network to integrate non-fungible tokens (NFTs) and token-gated experiences to help boost consumer engagement.The choice of Solana comes after the Solana Foundation invested $100,000 into Boba Guys.The co-founder of Boba Guys, Bin Chen, in an interview with popular a popular media outlet, said:“People that come into our stores may not know a single thing about Web3, Solana, blockchain, or any of those things, just the same way that people that come into Boba Guys may not know anything about boba. We have that same approach with how we’re doing Web3.”On the side of Solana, the head of commerce business development at the Solana Foundation while commenting about the selection by Boba Guys said:“Their vision for the future of cafes and retail is a model that could become the standard in the years to come. This collaboration will show how loyalty programs can be improved for both customers and retailers and create a path for other organizations to follow.”Boba Guys is not the first retailer to embrace Web3 loyalty programs to deepen customer relations. In December 2022, Starbucks launched the beta of its Odyssey program to offer gamified Web3 experience to its customers.Solana price reactionThe news has not had much impact on the price of Solana’s native token SOL.At press time, the price of SOL had dropped by about 1.50% to trade at $24.43.The post US-based drink retailer Boba Guys taps Solana for loyalty rewards program appeared first on CoinJournal.
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Solana’s crypto-first ‘Saga’ android phone is now only weeks away
Solana Labs says "Saga" - its crypto-first smartphone will be available to buy from May 8th. Here's what we know about the android device.
While Ethereum is the primary home of NFT collections, Solana NFTs have steadily increased in popularity since 2021. However, recent developments in the ecosystem have led some to wonder how Solana price predictions have changed over the past few weeks. Meanwhile, rising star Metacade has attracted considerable attention after selling out in presale and securing exchange listings with some big names.Metacade Price Holds Strong After Uniswap ListingIn April, Metacade successfully listed its tokens on Uniswap. The price of MCADE has managed to hold firm; it’s currently sitting at $0.022. This means that anyone who purchased MCADE tokens at the start of their presale has made 10% returns so far, and the excitement around Metacade doesn’t seem to be slowing down. Metacade was able to fill its entire $250 million token staking pool in under 5 hours. Considering the continued interest shown by investors, Metacade’s price prediction seems set to soar.Solana (SOL) Sees Mixed Signals Following NFT Collection DepartureSolana is one of the leading Ethereum competitors highly regarded for its lightning-fast transaction speeds and low costs and has been tipped as the next up-and-coming NFT chain in recent months. Analysts pointed out that Solana is one of the most inexpensive chains to release NFTs on, costing around $30 to deploy smart contracts vs. Ethereum’s as much as $5,000. Despite this, two of the most notable Solana NFTs, DeGods and y00ts, recently completed a migration to Ethereum in a massive blow to the ecosystem. Developers of the two projects cite restricted growth in the Solana NFTs ecosystem as one of the primary causes for the migration. Consequently, the number of users buying Solana NFTs has dropped around -15% over the past month, with total transactions falling almost -10%, according to CryptoSlam. There is, however, good news for Solana’s NFT ecosystem. In the past few days, the Solana Foundation announced that it would introduce state compression, a move that would make minting NFTS on the Solana chain 2,400-24,000x cheaper than its uncompressed counterparts. This would reduce the cost of storing 1 million Solana NFTs from $24,000 to around $110 and make NFT minting more accessible. Solana (SOL) Price PredictionWith the potential for this cost-cutting measure to drive Solana’s long-term adoption in the NFT space, Solana’s price predictions have been relatively bullish lately, despite the negative short-term news. SOL is currently worth around $20. Less optimistic Solana price predictions see SOL retesting the $46-48 area this year, which would still represent over 100% returns from today’s prices.More bullish Solana price predictions think it could move up to the $86 mark, while some expect SOL to reach $130 by the end of 2023. In either scenario, today’s investors could bag at least 4x gains.Metacade (MCADE) Wows Investors With an Impressive Roadmap<a href="https://metacade.co/en?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal&utm_content=23">Metacade</a> is a groundbreaking play-to-earn (P2E) platform that aims to establish itself as a one-stop community hub for the GameFi sector. After recently raising over $16.35m and appreciating 10% during its presale, savvy investors have turned their attention to Metacade’s upcoming exchange listings on Bitmart (April) and MEXC (May). Sales of MCADE on Uniswap are doing well, benefiting from early investors jumping in early to benefit before the first two centralized exchange listings.The platform’s vision is to provide a vibrant space for gamers, developers, and crypto enthusiasts to come together and explore the ever-expanding world of blockchain gaming. Metacade offers various tools and features to help creators and entrepreneurs get ahead in P2E, including dedicated sub-forums for discussing the latest tips, a review system for identifying top-tier games, and alpha shared by GameFi professionals.At the core of Metacade’s ecosystem is the MCADE token, a multi-purpose utility token that offers…
<strong>Toronto, Canada, April 14th, 2023, Chainwire</strong><a href="https://confluxnetwork.org/">Conflux</a>, the only regulatory-compliant blockchain in China, has proposed deploying Uniswap v3 on its network alongside CNH (offshore Chinese Yuan) stable currency, and joining the Curve Wars with its mainnet token CFX bridged to Ethereum mainnet, known as eCFX. This proposal comes after <a href="https://www.binance.com/en/amp/support/announcement/67822fd9c9c24275af4d90aef4688479">Binance’s announcement</a> that it will support Conflux Network’s (CFX) mainnet integration. The hope is to attract more initiatives, establish liquidity pools to facilitate the exchange of CFX tokens, and implement incentives that promote liquidity, ultimately increasing the network’s worth and usage.By deploying Uniswap v3 on Conflux eSpace, the Uniswap community gains access to a wider range of trading opportunities with both USD- and CNHC-based pairs. This development is particularly timely in light of regulatory restrictions facing USD-based stablecoins. Furthermore, projects operating in currencies other than USD will benefit greatly from this deployment, especially Asian projects that can now use CNH for settlements without worrying about currency fluctuations.Conflux has opted to participate in a highly intricate Defi ecosystem in parallel, with the aim of drawing the attention of ETH DeFi players. Conflux’s cross-chained <a href="https://twitter.com/search?q=%24CFX">$CFX</a> on Ethereum, <a href="https://twitter.com/search?q=%24eCFX">$eCFX</a>, offers a liquidity pair with ETH on Curve. Following an on-chain vote by the Curve DAO, the Curve pool (eCFX-ETH) has been officially approved and added to the Curve Gauge. You can find the vote results here: <a href="https://dao.curve.fi/vote/ownership/312">https://dao.curve.fi/vote/ownership/312</a>.Furthermore, the aforementioned pool is now available for staking on Conflux, enabling DeFi users to operate deeper within the Curve ecosystem. While Curve has been deployed on several other networks before, none of these networks initially launched a pool on Curve (Ethereum) prior to welcoming Curve on their platform. Conflux’s choice to do so indicates their efforts to establish contact with the Curve community while on Ethereum and offer a new Curve pool for Asian DeFi projects before a possible launch of Curve on Conflux eSpace.The intersection of US and EU regulatory barriers on blockchain and the recent supportive regulations on blockchain in Hong Kong emphasize how crucial the Chinese market is for the development of Web3 projects.Over 84% of global blockchain applications have been submitted in China, dwarfing submissions in the UK (11%) and the US (14%), which confirms that China represents one of the most innovative markets in Web3.“By integrating eCFX with the Curve ecosystem, our team aims to demonstrate a strong commitment to robust DeFi,” says Christian Oertel, Global Expansion Manager. “As Uniswap prepares to launch on Conflux, more tokens developed by Asia-based teams will be incentivized to build bridges into this burgeoning ecosystem. Once Conflux reaches an appropriate scale, our team plans to natively deploy Curve Finance, bringing the efficient stablecoin AMM-giant to Asia’s own DeFi-centric blockchain.”<strong>About Conflux Network</strong><a href="https://confluxnetwork.org/">Conflux</a> is a permissionless Layer 1 blockchain connecting decentralized economies across borders and protocols. Recently migrated to hybrid PoW/PoS consensus, Conflux provides a fast, secure, and scalable blockchain environment with zero congestion, low fees, and improved network security.As the only regulatory-compliant public blockchain in China, Conflux provides a unique advantage for projects building and expanding into Asia. In the region, Conflux has collaborated with global brands and government entities on blockchain and metaverse initiatives, including the city of Shanghai, McDonald’s China, and Oreo.ContactMelissa Tirey, melissa@shift6studios.comThe…
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Conflux Network: Building a multi-chain ecosystem to enable creators, communities, and markets to connect globally across borders and protocols. As the only regulatory compliant chain in China, Conflux is facilitating entry to the Asian market for other globally…
As the world of cryptocurrencies continues to evolve rapidly, investors are constantly looking for the next big opportunity. Ethereum has long been regarded as a stalwart in the industry, but analysts working on Ethereum price prediction reports for 2023 have raised questions about its future growth potential.In contrast, Metacade, a new and ambitious GameFi project, continues to capture the attention of investors with a successful launch on Uniswap in early April. Crypto investment groups are increasingly focused on understanding the factors contributing to the poor Ethereum price predictions for 2023 and exploring why Metacade may emerge as a more lucrative crypto investment in the coming months.Why do Ethereum’s price predictions look slightly subdued?Ethereum’s undeniable influence on the blockchain landscape cannot be understated. Still, concerns about scalability, transaction fees, and long-term network upgrades have left some investors uncertain about its future price performance.While the layer-1 giant remains a clear market leader in the public permissionless blockchain sector, the price of ETH may see significant challenges if it cannot capture an increasingly significant chunk of the enterprise use cases expected during the coming years.Does Metacade (MCADE) have what it takes to outperform the Ethereum (ETH) price?Investing in Ethereum has undoubtedly been a lucrative endeavour for many early adopters. Still, as the market matures and competition heats up, market challengers are beginning to emerge for ETH investors, which has many looking elsewhere to maximize their returns.As the GameFi revolution unfolds, the massive and well-established gaming industry is poised to witness a significant influx of users flocking to projects like Metacade, driven by the desire to earn income while indulging in their favourite pastime. Metacade’s comprehensive and diverse game offerings set it apart from competitors that primarily focus on a single gameplay experience, providing it with a significant advantage in terms of market capitalization. With Metacade at the centre of the GameFi movement, this alone shows that the consensus is that MCADE is likely to be a much stronger crypto investment choice than ETH over the coming years.What is Metacade?<a href="https://metacade.co/en?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal&utm_content=28">Metacade</a> is an ambitious project seeking to disrupt the gaming landscape by constructing the world’s most extensive play-to-earn (P2E) arcade. With a clear focus on providing an unparalleled gaming experience, Metacade aims to attract a diverse audience of gamers, fueling the growing GameFi movement by creating a very attractive ecosystem for gamers to engage with.By offering a wide array of gaming genres, Metacade intends to cater to a vast audience, and the enormous existing gaming community means that the total addressable market (TAM) that Metcade aims to capture is astronomical in size. The platform also incentivizes community contributions and engagement, creating an ecosystem where users are rewarded for their input and activities and ensuring that the user retention levels seen are unparalleled.The MCADE token is the project’s native currency, presenting a promising investment opportunity for those looking to capitalize on the emerging GameFi sector. As the platform gains traction and the user base expands, the demand for MCADE is expected to grow due to the high level of utility the token holds within the Metacade ecosystem.How does Metacade work?At the core of Metacade’s ecosystem lies its groundbreaking P2E arcade, enabling gamers to earn income while enjoying their favorite games. The MCADE token serves as the primary currency within the platform, facilitating value exchange and powering the rewards system.Metacade’s comprehensive approach also includes rewards for non-gaming activities which means that there is the constant improvement of the user experience through this incentivization. The platform…
After successfully selling out its presale and attracting thousands of investors, GameFi crypto project Metacade is now beginning to offer its MCADE token on major crypto exchanges. But what is Metacade, and why could it be one of the best GameFi crypto investments in 2023?What is Metacade (MCADE)?<a href="https://metacade.co/en?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal&utm_content=32">Metacade</a> is an up-and-coming project designed to be the ultimate hub for play-to-earn (P2E) gaming enthusiasts, developers, and crypto investors. It brings together the GameFi crypto community in an all-in-one ecosystem, providing a place to connect, discuss, and engage with the latest games, trends, and opportunities in the rapidly evolving P2E space. Metacade will soon offer players everything they need to find their edge in the P2E arena, with spaces for reading the latest GameFi alpha shared by industry veterans, sub-forums for discussing specific titles, and a comprehensive review system to find the games worth playing. It will leverage the benefits of blockchain technology to reward players for their contributions to the platform, create a pay-to-play virtual arcade, and even create a decentralized funding scheme known as Metagrants. What is in Metacade’s Future?In April, Metacade listed its MCADE token on the Uniswap exchange, where the price of MCADE tokens has continued to gain interest and value. The tokens listed on Uniswap at $0.22, a 10% increase over its final presale price. Those who bought tokens right when Metacade’s presale started could already have made an impressive 150% return on their investments.Metacade token holders could be in for an exciting future as the Web3 gaming industry is set to grow exponentially in the coming years. If the gaming industry grows by 10X as experts predict, the value of MCADE tokens could easily hit $2 by 2027.
Additionally, Metacade’s roadmap includes listings on the Bitmart and MEXC exchanges later in April and May, which will only drive the price higher. Many expect that, once word gets out, Metacade will quickly climb the ranks to become one of 2023’s best GameFi crypto investments. 7 Reasons Metacade (MCADE) Might Be One of the Best GameFi Crypto Investments in 2023So what exactly could drive Metacade to the status of “best GameFi crypto investment?”Community-Driven EcosystemMetacade’s focus on building a solid and engaged community offers a unique value proposition for investors. Community-based projects are much more likely to succeed than those without a strong fanbase – just look at Shiba Inu for a good example. They benefit heavily from the network effect, which should drive thousands of new users to Metacade’s platform. Metagrant ProgramThis innovative funding scheme allows MCADE holders to vote on and direct financing from the platform’s treasury to the most promising P2E games. By supporting the best developers and projects, Metacade can become a hotbed for the next generation of blockbuster games. Each game is to be hosted in the platform’s virtual arcade, meaning a smash hit could propel Metacade into the spotlight. Expanding Job OpportunitiesMetacade’s job board, launching in 2024, will connect users with gaming and Web3 companies for casual and full-time work opportunities. Some of these roles will use the platform’s native testing environment, where users can earn MCADE for offering feedback on new P2E titles. This feature adds an extra layer of value for the community and vastly differentiates Metacade from other GameFi crypto projects.DAO Governance Metacade plans to transition into a decentralized autonomous organization (DAO) in 2024, giving MCADE holders a direct say in critical decisions and platform governance. This move towards decentralization further strengthens the project’s long-term sustainability and encourages MCADE holders to work together to better the platform. Emphasis on SecurityMetacade is certified by Certik, one of the crypto investment industry’s leading auditors.…
Additionally, Metacade’s roadmap includes listings on the Bitmart and MEXC exchanges later in April and May, which will only drive the price higher. Many expect that, once word gets out, Metacade will quickly climb the ranks to become one of 2023’s best GameFi crypto investments. 7 Reasons Metacade (MCADE) Might Be One of the Best GameFi Crypto Investments in 2023So what exactly could drive Metacade to the status of “best GameFi crypto investment?”Community-Driven EcosystemMetacade’s focus on building a solid and engaged community offers a unique value proposition for investors. Community-based projects are much more likely to succeed than those without a strong fanbase – just look at Shiba Inu for a good example. They benefit heavily from the network effect, which should drive thousands of new users to Metacade’s platform. Metagrant ProgramThis innovative funding scheme allows MCADE holders to vote on and direct financing from the platform’s treasury to the most promising P2E games. By supporting the best developers and projects, Metacade can become a hotbed for the next generation of blockbuster games. Each game is to be hosted in the platform’s virtual arcade, meaning a smash hit could propel Metacade into the spotlight. Expanding Job OpportunitiesMetacade’s job board, launching in 2024, will connect users with gaming and Web3 companies for casual and full-time work opportunities. Some of these roles will use the platform’s native testing environment, where users can earn MCADE for offering feedback on new P2E titles. This feature adds an extra layer of value for the community and vastly differentiates Metacade from other GameFi crypto projects.DAO Governance Metacade plans to transition into a decentralized autonomous organization (DAO) in 2024, giving MCADE holders a direct say in critical decisions and platform governance. This move towards decentralization further strengthens the project’s long-term sustainability and encourages MCADE holders to work together to better the platform. Emphasis on SecurityMetacade is certified by Certik, one of the crypto investment industry’s leading auditors.…
Uniswap V3 recorded a 208% jump in liquidity in Q1.Coinbase and Binance saw declines of – 6.35% and -13.4% respectively amid regulatory pressures.The depeg of USDC and collapse of Silicon Valley Bank also highlighted the pressure events in the quarter.<a href="https://coinjournal.net/uniswap/">Uniswap</a>, the largest decentralised exchange (DEX) platform, recorded a significant boost in liquidity during the first three months of 2023, compared to major centralised exchange (CEX) platforms <a href="https://coinjournal.net/exchanges/binance/">Binance</a> and <a href="https://coinjournal.net/exchanges/coinbase/">Coinbase</a>.Other insights from a new market <a href="https://ccdata.io/reports/q2-2023-outlook-report">report</a> include Bitcoin dominance rising to above 45%, Ethereum continuing its dominance in the DeFi space and Tether (USDT) accounting for over 60% of stablecoin transactions in the quarter.Get the inside scoop on 2023 Q2 with our Outlook Report on macro trends, inflation & digital assets.✔️ <a href="https://twitter.com/search?q=%24BTC&src=ctag&ref_src=twsrc%5Etfw">$BTC</a>'s market dominance rises to 45.2%, highest since April 2021✔️ <a href="https://twitter.com/search?q=%24ETH&src=ctag&ref_src=twsrc%5Etfw">$ETH</a> dominates DeFi, TVL rises 52% to $76.8bn, market share increases to 72%✔️ Centralised exchange…— CCData (@CCData_io) <a href="https://twitter.com/CCData_io/status/1646830748580683780?ref_src=twsrc%5Etfw">April 14, 2023</a>CCData: impact of regulatory pressures on liquidityThe market outlook report by CCData highlights how market liquidity suffered from regulatory pressure in Q1, with the impact being on reduced liquidity for the world’s largest CEX platforms.The first quarter was littered with various enforcement actions, lawsuits and settlements involving crypto exchanges. Coinbase reached a $100 million settlement with the NYDFS in February before <a href="https://coinjournal.net/news/coinbase-ceo-says-secs-notice-wasnt-entirely-unexpected/">receiving a Wells Notice</a> from the SEC in March, while Binance was sued by the CFTC in March.Other landmark regulatory pressure events in the quarter involved Gemini, Kraken, KuCoin and CoinEx, and further market uncertainty as the stablecoin <a href="https://coinjournal.net/news/circle-says-3-3b-of-usdc-reserves-stuck-at-silicon-valley-bank/">USDC briefly depegged</a> sucking liquidity from centralised exchanges.Unswap V3 saw a 208% jump in liquidity as CEX platforms registered declinesComparing ETH liquidity on <a href="https://coinjournal.net/news/tag/uniswap/">Uniswap</a> to that of Binance and Coinbase during the quarter for instance, shows Uniswap V3’s liquidity increased substantially. CCData, in their 2023 Quarter 2 Outlook Report, found that Uniswap V3 recorded an impressive 208% surge in liquidity.Meanwhile, Coinbase and Binance registered declines of – 6.35% and -13.4% respectively. According to CCData, the boost in liquidity for the DEX platform can be attributed to prevailing market conditions that saw participants try to capitalise on USDC’s depeg by pushing liquidity into pools like the ETH-USDC.On-chain data shows a noteworthy drop in the 1% market depth for the top trading pairs BTC-USD and BTC-USDT. Liquidity declined to its lowest level for USD and USDT on 26 March as the impact of the collapse of Silvergate Bank, <a href="https://coinjournal.net/news/new-york-banking-authorities-shut-down-crypto-friendly-signature-bank/">Signature Bank</a> and Silicon Valley Bank (SVB) hit the crypto industry.CCData researchers also note that low liquidity and trading volumes had a noticeable impact on centralised exchange reserves. Uncertainty saw exchange reserves fall to the lowest level since 2020, before seeing a slight improvement in March, according to the report.The post <a href="https://coinjournal.net/news/uniswap-v3-liquidity-grew-208-in-q1-as-coinbase-and-binance-saw-declines-ccdata-report/">Uniswap V3 liquidity grew 208% in Q1 as Coinbase and Binance saw declines: CCData report</a> appeared…
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As the crypto market recovers from the fallout of Silicon Valley Bank and other failures, traders realize the value proposition of cryptocurrencies like ASI and Dogecoin. With the <a href="https://token.altsignals.io/?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal_priceprediction&utm_content=as_presale%20_1&utm_id=120">ongoing ASI presale</a>, there is a lot of excitement around the potential of this token in the impending bull market. Continue reading for a deep dive into the differences between ASI and Dogecoin and a Dogecoin price prediction for the crypto bull market that is just starting.Why is Everyone Getting Excited About ASI?AltSignals has an impressive track record of providing traders with accurate and timely signals to guide their investments. The ASI utility token presale is expected to raise funds that will enable the company to improve its already impressive capabilities even further.The improvements include the development of AltSignals’ new ActualizeAI feature, which will enable traders to have even more sophisticated, AI-driven algorithms and tools. Traders have been impressed with AltSignals’ capabilities in the past, and they’re excited about the improvements that will be enabled by the funds raised in <a href="https://token.altsignals.io/?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal_priceprediction&utm_content=as_presale%20_1&utm_id=120">the ASI presale</a>.What is AltSignals?<a href="https://token.altsignals.io/?utm_source=media&utm_medium=https://token.altsignals.io/?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal_priceprediction&utm_content=as_presale%20_1&utm_id=120">AltSignals</a> is a platform that provides traders with signals, indicators, and other tools that they can use to guide their investments in the crypto market. The platform offers a range of features, including AltAlgo™, which uses advanced algorithms to identify trading opportunities in real time. AltSignals also provides educational resources, including webinars and tutorials, to help traders learn more about the market and improve their skills.How will AltSignals Use Artificial Intelligence (AI)?AltSignals will use AI to develop algorithms that can analyze market data and identify trading opportunities in real time. The company plans to use the funds raised in the ASI presale to develop ever more advanced AI-based features, such as ActualizeAI. ActualizeAI will enable traders to customize their trading strategies based on a range of criteria, including risk tolerance, investment goals, and market conditions.Another upcoming feature of AltSignals is the AI Members Club, which will only be open to holders of ASI tokens. This is effectively a VIP version of AltSignals, and it allows users to gain early access to new features based on various developments in the AI space.According to AltSignals, traders who use the platform have seen impressive returns, with their crypto trading tips achieving an average 64% success rate.What Does the Return of the Bull Market Mean for the ASI Price?The return of the bull market is likely to bring many new traders into the crypto market. These traders will seek guidance in their investments, which is bullish for platforms like AltSignals. ASI is used on the AltSignals platform as a utility token, meaning that traders need to hold ASI to access the platform’s features fully. As more traders come to AltSignals, the demand for ASI will increase, which will also drive up the token’s price.In the aftermath of the ASI presale, this native token will become an integral part of the AltSignals platform. The token is required to access certain features of the service, such as the AI Members Club, and those who hold more ASI tokens will have access to much more functionality on AltSignals.What is the Dogecoin Price Prediction for 2023?It’s challenging to make an optimistic Dogecoin price prediction because there isn’t much reason for it to exist outside of people having fun with…
Many traders spend plenty of time worrying about trading strategies, but portfolio management is equally important. Without proper management, your investments could end up in hot water with substantial losses.A lot of this comes down to due diligence and human error, as the crypto market can be a tricky place to navigate. However, this doesn’t always have to be the case, as <a href="https://token.altsignals.io/?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal_investmentopportunity&utm_content=as_presale%20_1&utm_id=125">AltSignals</a> aims to support investors’ trading calls with the help of stellar analysis and AI.Why AltSignals’ ASI token is an excellent investment opportunityYou don’t have to worry about <a href="https://token.altsignals.io/?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal_investmentopportunity&utm_content=as_presale%20_1&utm_id=125">investment opportunities</a> and upside potential regarding the ASI token. Currently, traders can take advantage of AltAlgo™, which considers 34 different signal filters. Their signals are known for delivering a 64% success rate, and they plan to increase this number with the help of new technology.The ASI token’s roadmap looks bright, especially considering the future implementation of its new artificial intelligence layer, ActualizeAI, which is in development. Not only will this tech do wonders for trading signals, but it’ll make portfolio management much easier for everyday traders.The multi-step process of AltSignals’ ActualizeAI algorithm will include the following:Machine learningNatural language processing (NLP)Predictive modelingSentiment AnalysisReinforcement learningThis process is paramount for the success of ActualizeAI, and it’ll come with much higher success rates for AltSignals’ trading signals.How the ASI token may rise by 2,100%That number might be hard to believe, but it’s entirely possible. AltSignals is still working through its presale, but many investors and analysts consider them one of the best investments of 2023. It’s pretty clear why, as they offer promising benefits and technology for traders, and their price is projected to skyrocket throughout the year, according to some analysts.Several industry experts feel that AltSignals’ ActualizeAI algorithm could be groundbreaking for the industry and generate substantial investor interest. Some analysts believe the ASI token could jump by roughly <a href="https://cryptonews.net/editorial/investments/altsignals-price-prediction-investors-flock-to-altsignals-asi-token-presale-as-crypto-market-takes-off/">2,100%</a>, which would land the token at around $0.50. Considering how affordable ASI is in the presale, investors may feel that taking a chance on it is a pretty good gamble. AltSignals is currently very useful in helping with portfolio management and will be even more so after the new AI developments are integrated into the system via ActualizeAI. Taking advantage of <a href="https://token.altsignals.io/?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal_investmentopportunity&utm_content=as_presale%20_1&utm_id=125">the ASI presale</a> is your best approach, as waiting will only limit your chance at a steep return.What is the ASI token, and how does it work?It’s good to dive into what sets it apart from other cryptocurrencies. The primary purpose of the token is to give token holders access to the AltSignals AI Ecosystem. However, many ASI tokens you hold will directly correlate to how much access you have to this ecosystem.The token utility is one of the most significant selling points, as ASI has numerous benefits for traders. You can find a brief list of what the token’s utility has to offer below.ActualizeAI: An AI stack aimed at supercharging the performance of their algorithmAI-powered products: A suite of AI-powered products for ASI token holdersAI Members Club: Accrue ASI tokens for contributing to product development and morePresale opportunities: Offers opportunities…
Veteran crypto-critic Warren Buffett has entered crypto news again as his investment firm Berkshire Hathaway holds onto its $1.5 billion investment in Brazilian fintech giant Nubank.Despite this holding, Warren Buffett released his annual letter outlining three reasons he believes crypto “will come to a very bad ending.” With trading signals platform AltSignals announcing the presale event for its native ASI coin, Buffett might indeed be skeptical of it, but crypto investors might disagree – instead marking ASI as one of the best cryptos to invest in now.Warren Buffett’s three reasons why crypto will die.While it’s difficult to square Warren Buffett’s dismissal of crypto with Nubank continuing to allocate 1% of its net assets to Bitcoin (BTC), the veteran remains consistent in his mistrust of crypto. His recent annual letter outlined three reasons he’s against it:Crypto has no unique value – Buffett prefers stocks in corporations that provide tangible cash flow and production.He doesn’t believe crypto counts as money – Buffett has long contested BTC value, stating, “it does not meet the test of a currency. It is not a durable means of exchange, not a store of value.”He doesn’t understand crypto – Buffett has admitted to not knowing much about crypto, hence not taking a trading position.Crypto investors have disavowed Buffett’s advice on crypto for many years and continue to do so, with vast markets flourishing despite his statements. With AltSignals’ ASI presale generating momentum on trading forums and Telegram groups, here’s why many believe it’s one of the best cryptos to invest in this year.What is AltSignals?<a href="https://token.altsignals.io/?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal_currentevents&news&utm_content=as_presale%20_1&utm_id=130">AltSignals</a> is already one of the world’s leading providers of trading signals, building a community of more than 50,000 since launching in 2017. Its market-leading AltAlgo™ trading indicator tool has helped investors maximize profits on various financial trades, from daily crypto trades to Binance futures, from FOREX to CFD.The success of AltSignals trading intel is illustrated by users increasing their holdings by 10X in Binance futures trading in 19 out of 32 months. Now, the platform is turning to artificial intelligence to enhance its outputs and create even better signals for its membership, using its ActualizeAI trading stack.Actualize AI uses several AI technologies to take its already solid outputs and improve accuracy and quality. Its machine learning employs regressive pattern recognition to signals, allowing a rules-based logic to be applied, resulting in much better predictions. Meanwhile, predictive modeling applies historical trading data trends to the outputs, enabling more accurate predictions based on how markets have performed in the past. Once reinforcement learning is used on the final results, ActualizeAI’s signals further provide its community with a fully balanced risk/reward ratio on every trade.How does ASI work?The ASI token release will support the development of the ActualizeAI trading stack alongside supporting the entire AltSignals ecosystem. ASI will be used as the medium of exchange on AltSignals, enabling transactions and unlocking valuable access to help investors on their trading journeys.All ASI coin holders immediately unlock access to ActualizeAI-powered signals while also having the opportunity to join the AI Members Club. These members will be able to gain crypto rewards for beta testing new features and products while benefiting from exclusive access to the most exciting and lucrative private presale and public sale opportunities.As well as delivering excellent utility to coin holders, the ASI coin also looks to become a valuable governance coin, providing all holders with voting rights to determine the future direction of AltSignals.How high can ASI go in 2023?Investors are incredibly excited by the potential of the ASI coin, mainly due to its early…
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Scott Melker says crypto won’t achieve mainstream adoption by trying to explain dank sharding and SHA-256, and trashing other coins.The Wolf Of All Streets believes mainstream adoption is being impacted by the approach being taken by the crypto community.Crypto leaders disparaging each other and trashing rival projects doesn’t help, he recently tweeted.Scott Melker, a crypto investor and trader and author of the crypto publication The Wolf Den Newsletter, says the crypto community isn’t going about the push for mainstream adoption the right way.Crypto should try to meet user where their needs areAccording to Melker, aka “The Wolf Of All Streets” on Twitter, what crypto needs to do is cut out unnecessary terminology when putting out the crypto message to the masses. He believes meeting the common user where “their wants and needs exist” could help a lot with promoting overall adoption.“Mainstream adoption won’t come with attempting to explain dank sharding and sha-256,” he recently tweeted, noting that taking this route is impacting the desired goal. “There’s a reason people ignore us,” he added.Jeff Garzik, one of the early Bitcoin believers, agreed with Melker’s assessment. It's all "plumbing."Crypto wins when average people can use our technology without ever having to know or understand esoteric concepts such as sharding or hashing.Plumbing is not exciting or cool to most people. It's something that silently Just Works.— Ser Jeff Garzik (@jgarzik) April 14, 2023Crypto leaders need to do better, The Wolf Of All Streets opined.“One of the biggest problems the crypto community has is that its leaders often talk down to the mainstream audience or speak in terminology that is over the average person’s head. We need to simplify the messaging for the masses and meet them where their wants and needs exist.”On what else the community needs to work on as it looks to help the next wave of adoption across everyday users, Melker believes trashing other projects is not one of the avenues.“Imagine having the opportunity to go on mainstream media and extol the virtues of bitcoin but instead railing about your hate for Ethereum or shitcoins instead,” he observed.His message has been echoed by many on Crypto Twitter. One such comment was from Jahon Jamali, the CEO of American Crypto Academy, who believes explaining “the value proposition more than the technology,” will definitely ring a bell with many people.I’ve been saying this from day one.– Avoid technologically intimating language;
– Explain the value proposition more than the technology;
– Scrap the condescension.This is a belief system in its totality.Preach in the vernacular of the flock you’re trying to convert.— Jahon Jamali 😎🇺🇸 (@JahonJamali) April 13, 2023The post Scott Melker: crypto has to meet users where their needs are appeared first on CoinJournal.
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– Explain the value proposition more than the technology;
– Scrap the condescension.This is a belief system in its totality.Preach in the vernacular of the flock you’re trying to convert.— Jahon Jamali 😎🇺🇸 (@JahonJamali) April 13, 2023The post Scott Melker: crypto has to meet users where their needs are appeared first on CoinJournal.
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Scott Melker shares his view on Bitcoin and Ethereum.He also discussed ETH’s recent Shanghai upgrade.BTC and ETH are currently up about 80% for the year.Both Bitcoin as well as Ethereum have pushed hard to the upside in recent sessions – leaving investors wondering which of the two is a better investment.Pro says BTC and ETH are separate assetsInterestingly, though, crypto specialist Scott Melker doesn’t see it fair to compare the two since they’re more like apple and oranges. Speaking with Yahoo Finance Live, he said:I view Bitcoin as digital gold. Store of value, flight to safety. Ethereum is more of a tech investment. It’s internet of value. So, you can love one or both. You don’t have to choose.Part of the reason for the ongoing surge in Bitcoin and Ethereum may have been the monthly CPI print that confirmed inflation was still well above the Fed’s 2.0% target in March.Both BTC and ETH are currently up about 80% for the year.Melker’s take on Ethereum’s Shanghai upgradeEthereum, in particular, has been in news since last month because of its so-called Shanghai upgrade that enabled holders to unstake the assets for the first time.Discussing the hard fork on Yahoo Finance Live, Melker who hosts “The Wolf of All Streets” podcast said:It’s a huge development for ETH, major step in right direction. There hasn’t been huge demand to withdraw. There are a lot of people actually waiting to deposit. We’re seeing net inflows.Also recently, Ethereum co-founder Vitalik Buterin reiterated the need to fix scaling issues before the next bull run.The post Bitcoin vs Ethereum: which one is a better investment? appeared first on CoinJournal.
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Bitcoin’s YTD performance exceeds 80%Investors were betting on a pennant formation in March The 28k level invalidates the bullish formationBitcoin price bounced from the 2022 lows right from the start of 2023. It rallied more than 80% just a few months.But Bitcoin YTD performance is in danger if the market is not strong enough to push even higher. Investors bought Bitcoin in March and in the first half of April, hoping that Bitcoin price would reach the measured move of a pennant formation.A pennant is a bullish continuation pattern. It is made of a consolidation that takes the form of a triangle, and before the consolidation, the market must rally.It did.MediaBitcoin chart by TradingViewA similar rally should follow after the bullish breakout from the triangle. Moreover, the price should reach the measured move, seen above in orange, in about the same time it took the market to rally until the triangle’s formation.28k is the line in the sand for the pennantA pennant signals “more of the same.” Because it is a bullish pattern, it signals more upside.But its “beauty” is that it allows traders to incorporate the time element into the analysis. Whenever this is possible, traders have a competitive advantage. Not only do they have an idea about where the price should go, but also when it should reach that level.The more time passes without the market reaching the measured move, the more likely it is that the pattern will be invalidated. Such an invalidation would occur if the price drops below the 28k area.Summing up, Bitcoin’s YTD performance is in danger as time is ticking. A failure to hold above 30k brings the 28k invalidation level into focus.The post Bitcoin’s YTD performance in danger should this pennant fail appeared first on CoinJournal.
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Injective Protocol’s token has been one of the best performers this year.Oscillators like the RSI and Stochastic have become extremely overbought.INJ, Injective Protocol’s native token, has continued soaring in the past few months as demand for the <a href="https://coinjournal.net/learn/what-is-defi/">DeFi</a>-focused network jumped. The token rose to a high of $9.67, the highest point since February 7 of this year. In all, the token has jumped by more than 736% from the lowest level in December. Why is Injective Protocol is soaringInjective Protocol is a fast-growing platform that aims to change the finance industry. It is one of the few protocols that is designed to disrupt the financial sector. It does this by creating a platform where developers can build quality dApps in the financial industry. The platform has low transaction costs and faster speeds.There are several reasons why the INJ crypto price has been in a strong bullish trend. First, the developers are now running a hackathon that is seeing tens of developers submit their projects. Winners will receive both funding and mentorship from a team of experienced venture capital firms.The other important Injective news is that it will now be possible to liquid stake INJ tokens. Liquid staking is a technology that makes it possible for people to stake their tokens in an easy and decentralized manner. With liquid staking, users can withdraw their tokens before the maturity period. This staking is being made possible by Stride, a leading <a href="https://coinjournal.net/lido-dao/">Lido DAO</a> alternative for the Cosmos ecosystem. It has over $25 million in total value locked (TVL).The vote of liquid staking has <a href="https://www.mintscan.io/injective/proposals/220">attracted</a> 57% of token holders, with more than 99% of voters being in the affirmative. Injective has an APY of 16.2% this year while the number of bonded tokens has risen to over 35.2 million tokens.The most recent INJ news was a new proposal that will help it amplify liquid staking by incentivizing stINJ pool on Astroport.<a href="https://twitter.com/AltcoinPsycho/status/1647664708256690177">https://twitter.com/AltcoinPsycho/status/1647664708256690177</a>INJ price prediction<a href="https://media.igms.io/2023/03/17/1681735480460-81ebe1bc-56f2-4643-93e6-37c7c8aca454.png">Media</a>The daily chart shows that the INJ price has been in a strong bullish trend in the past few months. As it rose, the token managed to move above the key psychological levels of $8, $6, and $5. It has also jumped above all moving averages.However, oscillators show that the token has become extremely overbought. Therefore, at this stage, a risk/reward analysis mean that it is a bit risky to invest in the token for now. As a result, there is a likelihood that it will pull back and retest the key support level at $4.91, which is about 46% below the current level.How to buy InjectiveKuCoinKucoin 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=MTM2OTE5&component=simple-table&language=en&country=US&state=VA&position=1&totalPositions=2">Buy INJ with KuCoin today</a>WazirxWazirX is India's largest crypto exchange. Started in 2018, WazirX has grown to be the most trusted exchange in the Indian crypto market. It is a part of the binance group, serving users in 180 countries.<a href="/visit/wazirx-crypto?guid=MTM2OTE5&component=simple-table&language=en&country=US&state=VA&position=2&totalPositions=2">Buy INJ with Wazirx today</a>The post <a href="https://coinjournal.net/news/heres-why-inj-price-has-soared-and-why-it-could-dip-by-46/">Here’s why INJ price has soared and why it could dip by 46%</a> appeared first on <a href="https://coinjournal.net">CoinJournal</a>.
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What Is Decentralized Finance (DeFi) & How Does It Work? - CoinJournal
You may be wondering what is DeFi? Decentralized finance is the new alternative to traditional financial services. Learn more in our guide.