Tag: crypto

10 sierpnia, 2022 Wyłączone

How to Find the Right Buyer for Your NFT

przez admin
Despite the recent downturn in the cryptocurrency market and NFTs, the use-cases for NFTs are constantly expanding. NFTs are here to stay, and with the current diminishing prices, it signals a good buying opportunity for investors. But with NFTs being a new technology, buyers and sellers are still facing difficulties because most platforms make it very hard to find the right NFTs. A company called LUDO is currently developing its own platform to simplify the user experience in the near future. Today, with no optimization or aggregation on marketplaces, organic exposure, SEO, or proper advertising, it is tough to find the right NFTs. But with the tools Ludo is developing for the space, they will change all of that. NFTs have become immensely popular in the last two years, recording a 200x surge in trading volume to reach $21.5 billion by late 2021. However, such growth has also led to a saturation in the market. The NFT space has become so massive and crowded that discovering promising projects is like finding a needle in a haystack. Leading NFT marketplaces like OpenSea and Rarible have successfully connected buyers and sellers, but, at the same time, their scope is mostly limited to front pages and promotions. This creates a gap, especially because existing NFT marketplaces are seldom creator-friendly. Most NFT marketplaces focus on high trading volumes above everything else, including customer turnover. But while ‘trending’ projects get much push from the platform’s algorithm, others remain undiscoverable. Therefore, with no search option helping buyers easily find projects they like, it is virtually impossible to find smaller projects that are not in the top 100. At the same time, creators find it difficult to sell their NFTs unless they are super trendy or have a massive marketing budget. Everything would be different if there was a  ‘explore’ section helping buyers find projects according to their tastes and interests. This would also significantly empower creators, increasing their chances of a sale. This is where Ludo comes in. LUDO, An All-In-One NFT Platform Ludo is a data-driven metasearch engine aggregator that feeds user data to help NFT collections achieve maximum discoverability. With a set of profiling tools and features that help unique projects stand out from the crowd and reach buyers with similar interests. Users enjoy a metaverse experience tailored to their needs based on a proprietary AI-based profiling algorithm or connecting their digital wallets. One could think of Ludo as being the new optimizer for the space, in the same way, Google optimizes ads and search functions according to the users’ profiles. Ludo is an app store that recommends similar apps to users who have a liking for them, this could be NFTs, metaverse collectibles, and other non-fungible items. This can help creators like you get the best value for all kinds of NFTs without relying on viral marketing alone. In conclusion, marketplaces like Opensea are platforms where ANY buyer could buy from ANY seller. This leads to saturation and discoverability problems for creators. However, Ludo is a tool that would help connect the RIGHT buyers to the RIGHT sellers based on user profile data and preferences, opening new exciting opportunities for both.    
10 sierpnia, 2022 Wyłączone

Kraken Daily Market Report for August 09 2022

przez admin

Overview

  • Daily spot trading volume: $595.6 million, 30 day average spot: $575.7 million.
  • Total futures notional: $115.7 million.
  • The top five traded coins were, respectively, Ethereum (↓4.2%), Tether (↑0.01%), Bitcoin (↓2.8%), USD Coin (↑0.0%), Solana (↓4.3%).
  • Strong returns from Spell Token (↑39%), Mina (↑5.9%), and Zcash (↑3.5%).
August 09, 2022 
 $595.6M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
ETH 
$1703.25 
↓4.2% 
$174.6M		 USDT 
$1.00 
↑0.01% 
$173.8M		 BTC 
$23162.40 
↓2.8% 
$118.1M		 USDC 
$1.00 
↑0.0% 
$42.7M		 SOL 
$40.37 
↓4.3% 
$14.7M
DOT 
$8.92 
↓3.8% 
$6.76M		 ADA 
$0.51 
↓4.2% 
$5.09M		 LINK 
$8.76 
↑1.8% 
$5.05M		 DAI 
$1.00 
↑0.01% 
$4.8M		 DOGE 
$0.07 
↓1.5% 
$4.46M
XRP 
$0.37 
↓2.9% 
$4.08M		 MATIC 
$0.89 
↓3.3% 
$3.96M		 FLOW 
$3.00 
↓0.9% 
$3.5M		 XMR 
$158.75 
↓5.0% 
$3.31M		 LTC 
$59.23 
↓5.4% 
$3.25M
AVAX 
$27.41 
↓1.8% 
$2.7M		 ATOM 
$11.39 
↓3.5% 
$2.45M		 KSM 
$60.26 
↓6.9% 
$2.39M		 MINA 
$0.95 
↑5.9% 
$1.66M		 ZEC 
$80.04 
↑3.5% 
$1.63M
KAVA 
$2.23 
↑3.0% 
$1.63M		 UNI 
$8.45 
↓3.9% 
$1.62M		 FIL 
$8.04 
↓8.0% 
$1.27M		 XLM 
$0.12 
↓6.1% 
$1.17M		 SHIB 
$0.00001 
↓2.3% 
$950K
ETC 
$36.48 
↓3.9% 
$917K		 AAVE 
$98.20 
↓4.3% 
$884K		 LUNA 
$0.00010 
↓2.6% 
$867K		 GRT 
$0.14 
↓4.8% 
$852K		 MANA 
$1.02 
↓6.1% 
$841K
CRV 
$1.29 
↓9.5% 
$831K		 BCH 
$134.76 
↓6.2% 
$818K		 WAVES 
$5.81 
↓4.6% 
$789K		 XTZ 
$1.81 
↓4.2% 
$777K		 EOS 
$1.18 
↓5.7% 
$770K
APE 
$7.02 
↓4.1% 
$711K		 NANO 
$1.04 
↓5.0% 
$656K		 REN 
$0.18 
↓1.5% 
$646K		 ALGO 
$0.35 
↓4.7% 
$606K		 SAND 
$1.29 
↓3.8% 
$562K
NEAR 
$5.38 
↓2.1% 
$560K		 LUNA2 
$1.98 
↓5.9% 
$491K		 TRX 
$0.07 
↓2.3% 
$484K		 DASH 
$53.01 
↓5.7% 
$477K		 SNX 
$3.82 
↓6.8% 
$461K
UST 
$0.030 
↓5.0% 
$452K		 PAXG 
$1794.49 
↑0.7% 
$347K		 OCEAN 
$0.22 
↑1.3% 
$332K		 DYDX 
$2.34 
↓7.8% 
$329K		 OXT 
$0.12 
↓2.7% 
$320K
ICP 
$7.85 
↓4.8% 
$305K		 QNT 
$125.81 
↓2.1% 
$288K		 BAT 
$0.44 
↓0.26% 
$287K		 LDO 
$2.26 
↓5.0% 
$261K		 MOVR 
$17.04 
↓12% 
$259K
YFI 
$11214.00 
↓2.2% 
$258K		 SUSHI 
$1.43 
↓8.1% 
$244K		 ANT 
$2.11 
↑0.29% 
$236K		 GLMR 
$0.72 
↓6.3% 
$217K		 LRC 
$0.45 
↓3.9% 
$210K
PERP 
$1.01 
↓7.3% 
$203K		 SPELL 
$0.002 
↑39% 
$203K		 AXS 
$17.61 
↓5.4% 
$177K		 SC 
$0.005 
↓4.9% 
$176K		 ENS 
$15.93 
↓3.8% 
$171K
FTM 
$0.37 
↓1.9% 
$163K		 ICX 
$0.32 
↓5.8% 
$161K		 GALA 
$0.06 
↓4.0% 
$154K		 CHZ 
$0.15 
↓3.6% 
$147K		 OMG 
$2.30 
↓3.5% 
$141K
SCRT 
$1.23 
↓4.9% 
$141K		 MLN 
$27.27 
↓5.2% 
$141K		 RUNE 
$2.70 
↓5.8% 
$129K		 KP3R 
$148.60 
↓7.1% 
$129K		 FXS 
$7.01 
↓9.0% 
$124K
ENJ 
$0.67 
↓4.0% 
$122K		 GMT 
$0.95 
↑1.4% 
$120K		 COMP 
$58.83 
↓6.0% 
$114K		 LSK 
$1.17 
↓6.8% 
$108K		 EGLD 
$61.69 
↓6.6% 
$105K
EWT 
$2.54 
↓2.5% 
$100K		 CTSI 
$0.17 
↓4.0% 
$93.0K		 JASMY 
$0.010 
↓4.7% 
$83.7K		 KEEP 
$0.18 
↓4.9% 
$74.2K		 MKR 
$1069.10 
↓6.2% 
$72.0K
ALICE 
$2.75 
↓4.2% 
$69.9K		 IMX 
$1.11 
↓9.0% 
$67.8K		 PSTAKE 
$0.18 
↓16% 
$60.3K		 1INCH 
$0.81 
↓2.9% 
$60.2K		 KNC 
$1.53 
↓3.8% 
$56.7K
NYM 
$0.41 
↓2.7% 
$56.7K		 BOND 
$8.23 
↓4.6% 
$55.5K		 INJ 
$1.51 
↓4.9% 
$51.6K		 BAL 
$5.96 
↓4.8% 
$49.1K		 SRM 
$0.97 
↓5.6% 
$48.9K
DENT 
$0.001 
↓5.4% 
$48.7K		 QTUM 
$4.01 
↓3.5% 
$46.4K		 MV 
$0.22 
↓4.2% 
$46.2K		 SGB 
$0.025 
↑0.4% 
$45.8K		 KILT 
$0.57 
↓5.6% 
$45.6K
MIR 
$0.23 
↓4.2% 
$44.7K		 SBR 
$0.004 
↑3.1% 
$44.2K		 LCX 
$0.06 
↓3.2% 
$43.2K		 BAND 
$1.79 
↓5.5% 
$41.3K		 BTT 
$0.00000 
↓4.0% 
$40.3K
JUNO 
$5.80 
↓0.03% 
$40.0K		 MULTI 
$6.04 
↓12% 
$36.9K		 SAMO 
$0.015 
↓7.2% 
$35.8K		 BADGER 
$4.97 
↑1.8% 
$33.8K		 RBC 
$0.12 
↓6.2% 
$31.7K
FIDA 
$0.52 
↓5.8% 
$31.0K		 ASTR 
$0.048 
↓8.7% 
$30.9K		 GNO 
$163.40 
↓3.4% 
$30.9K		 ANKR 
$0.032 
↓5.0% 
$30.0K		 LPT 
$11.32 
↓3.5% 
$28.1K
OGN 
$0.22 
↓5.6% 
$27.9K		 RNDR 
$0.71 
↓6.2% 
$27.6K		 ACA 
$0.31 
↓4.7% 
$27.5K		 REPV2 
$8.60 
↓6.1% 
$26.6K		 STORJ 
$0.67 
↓5.3% 
$25.7K
ZRX 
$0.34 
↓5.8% 
$24.0K		 RARI 
$3.22 
↓4.7% 
$22.3K		 TVK 
$0.06 
↑3.1% 
$19.1K		 GARI 
$0.08 
↓2.6% 
$16.9K		 GST 
$0.06 
↑1.7% 
$16.4K
API3 
$1.96 
↓9.1% 
$16.0K		 RAD 
$2.65 
↓5.7% 
$16.0K		 IDEX 
$0.08 
↓8.9% 
$14.8K		 STEP 
$0.041 
↓1.7% 
$14.1K		 BNC 
$0.22 
↓3.5% 
$13.8K
PLA 
$0.44 
↑0.5% 
$12.8K		 GHST 
$1.33 
↓0.9% 
$12.6K		 WBTC 
$23209.60 
↓2.5% 
$12.0K		 KAR 
$0.62 
↓6.2% 
$12.0K		 MC 
$0.92 
↓4.2% 
$12.0K
CVX 
$7.10 
↓4.0% 
$11.8K		 ALCX 
$33.30 
↓3.6% 
$11.6K		 KINT 
$2.87 
↓1.0% 
$11.6K		 REP 
$8.62 
↓5.0% 
$11.2K		 FET 
$0.10 
↓7.4% 
$11.1K
CSM 
$0.009 
↓4.5% 
$11.0K		 ATLAS 
$0.008 
↓3.6% 
$10.9K		 INTR 
$0.12 
↑2.6% 
$10.5K		 MASK 
$1.72 
↓7.9% 
$9.97K		 AUDIO 
$0.36 
↓5.8% 
$9.79K
WOO 
$0.24 
↓9.3% 
$9.75K		 CQT 
$0.09 
↓4.1% 
$9.66K		 COTI 
$0.12 
↓1.5% 
$9.36K		 KEY 
$0.005 
↓0.2% 
$9.2K		 CFG 
$0.29 
↓7.7% 
$8.7K
CVC 
$0.15 
↓5.4% 
$8.46K		 TLM 
$0.032 
↓5.1% 
$7.99K		 ORCA 
$1.00 
↓5.6% 
$7.9K		 OXY 
$0.06 
↓1.8% 
$7.25K		 AIR 
$0.021 
↓2.6% 
$6.63K
SDN 
$0.35 
↓7.0% 
$6.09K		 NMR 
$20.91 
↓2.7% 
$6.08K		 ARPA 
$0.043 
↓4.3% 
$5.8K		 CHR 
$0.22 
↓5.0% 
$5.57K		 PHA 
$0.13 
↓1.6% 
$5.46K
AKT 
$0.41 
↓0.4% 
$5.4K		 YGG 
$0.76 
↓8.0% 
$4.77K		 FARM 
$54.50 
↓13% 
$4.42K		 SUPER 
$0.17 
↓1.5% 
$4.13K		 ACH 
$0.015 
↓4.7% 
$4.08K
XRT 
$4.70 
↓9.4% 
$4.0K		 UNFI 
$9.23 
↓0.23% 
$3.98K		 RLC 
$1.04 
↓4.2% 
$3.87K		 MXC 
$0.07 
↓0.3% 
$3.72K		 AGLD 
$0.43 
↓3.5% 
$3.49K
POLIS 
$0.57 
↓4.2% 
$3.38K		 BNT 
$0.60 
↓2.8% 
$3.35K		 RARE 
$0.30 
↓1.2% 
$3.35K		 POWR 
$0.25 
↓4.4% 
$3.07K		 BICO 
$0.63 
↓5.2% 
$2.96K
TEER 
$0.78 
↓1.3% 
$2.79K		 FORTH 
$5.45 
↓1.5% 
$2.54K		 BIT 
$0.70 
↓8.8% 
$2.16K		 T 
$0.038 
↓7.1% 
$2.05K		 MNGO 
$0.050 
↓0.2% 
$1.69K
GTC 
$2.88 
↓4.9% 
$1.67K		 TOKE 
$1.92 
↓3.0% 
$1.61K		 RAY 
$0.84 
↓2.4% 
$1.23K		 ADX 
$0.19 
↓2.9% 
$1.22K		 TRIBE 
$0.16 
↑0.13% 
$1.18K
KIN 
$0.00001 
↓1.1% 
$0.98K		 UMA 
$2.94 
↓5.1% 
$0.83K		 TBTC 
$23471.20 
↓8.1% 
$0.51K		 ROOK 
$47.64 
↑1.3% 
$0.24K		 REQ 
$0.13 
↓2.6% 
$0.17K
MSOL 
$42.81 
↓5.1% 
$0.15K

The post Kraken Daily Market Report for August 09 2022 appeared first on Kraken Blog.

10 sierpnia, 2022 Wyłączone

Uniswap Price Falls Below $9 After It Met With A Sell-Off, What’s Next?

przez admin
Uniswap price at the current moment has displayed a downward movement on its chart. The coin lost the $9 price mark and was moving closer to its local support level. Over the last 24 hours, UNI depreciated considerably by 6%. Most gains that UNI logged were lost over the past week. The technical indicator for UNI has depicted mixed trading signals. The buyers in the market have left owing to the recent fall in price. For Uniswap price to pick up momentum, buying strength and demand for the coin remain quite crucial. As selling pressure mounted, UNI started to flash bearish price signals on its chart. The price of the altcoin needs to experience a breakout for the bulls to drive the price momentum. The coin broke below its $8.40 support line and fell below that. An increase in demand for the coin can help UNI recover over the next trading sessions. Uniswap Price Analysis: Four-Hour Chart The altcoin was priced at $8.30 at the time of writing. Uniswap lost its immediate support line and the bears have changed that level to a resistance mark for the coin. Overhead resistance for the altcoin was at $8.76, however, a tough price ceiling for the altcoin was at $9.30. The coin has tried to break past the mentioned price mark a couple of times but was met with sellers in the market. The immediate price floor for the coin stood at $7.80. Although over the past few weeks UNI has recovered considerably, the demand for UNI has to keep growing. The volume of UNI traded in the last session has declined as there has been a fall in buying strength. Technical Analysis UNI had moved closer to the oversold zone over the last trading sessions, however, it did not touch that zone. At the moment, the coin has low buying strength but the coin was not overbought. The Relative Strength Index noted an uptick below the half-line signifying that the demand for the altcoin could register an increase over the next sessions. Uniswap price was seen below the 20-SMA line, this signalled bearishness in the market. It also depicted that the sellers were driving the price momentum in the market. Related Reading: Why Are Crypto Investors Rotating From Bitcoin To Altcoins? The altcoin has flashed bearish signals on most technical indicators. UNI registered a sell signal on the four-hour chart. Moving Average Convergence Divergence depicts the price momentum and change in the momentum. As demand for UNI has remained low, MACD underwent a bearish crossover and displayed red histograms. The red histograms were sell signal for UNI. Chaikin Money Flow determined the capital inflows and outflows. CMF was below the half-line as capital inflows were less than outflows at the time of writing. With increased demand and buying strength, the coin will attempt to move up on its chart. Related Reading: Ethereum Investors Close 300k Long Positions on Bitfinex, Rally To Stop Soon? Featured image from TechCentral, chart from TradingView.com
10 sierpnia, 2022 Wyłączone

TA: Bitcoin Price Takes Hit, Why BTC Remains at Risk of More Losses

przez admin
Bitcoin price started a fresh decline from the $24,250 resistance zone against the US Dollar. BTC declined below $23,000 and remains at a risk of more losses. Bitcoin started a fresh decline below the $23,500 support zone. The price is now trading below the $23,500 level and the 100 hourly simple moving average. There was a break below a major bullish trend line with support near $23,320 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must clear the $23,250 resistance to start a fresh increase in the near term. Bitcoin Price Breaks Support Bitcoin price struggled to gain pace above the $24,000 resistance zone. The price formed a top near $24,285 and started a fresh decline. There was a clear move below the $23,800 and $23,500 support levels. The bears pushed the pair below the 61.8% Fib retracement level of the upward move from the $22,846 swing low to $24,286 high. Besides, there was a break below a major bullish trend line with support near $23,320 on the hourly chart of the BTC/USD pair. Bitcoin price is now trading below the $23,500 level and the 100 hourly simple moving average. It is now consolidating above the key $22,650 support zone. Source: BTCUSD on TradingView.com On the upside, an immediate resistance is near the $23,250 level. The next key resistance is near the $23,500 zone. A close above the $23,500 resistance zone could start a steady increase. In the stated case, the price may perhaps rise clear the $24,000 resistance. Downside Break in BTC? If bitcoin fails to clear the $23,500 resistance zone, it could continue to mov down. An immediate support on the downside is near the $22,650 level. The next major support now sits near the $22,500 level. A close below the $22,500 level might start a move towards $22,000. If the bears remain in action, there is a risk of a move towards the $21,500 level in the coming sessions. Any more losses might send the price towards $20,500 level. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now well below the 50 level. Major Support Levels – $22,650, followed by $22,500. Major Resistance Levels – $23,250, $23,500 and $24,000.
10 sierpnia, 2022 Wyłączone

Iran Places First Official Import Order With Cryptocurrency Worth $10 Million

przez admin
Iran Places First Official Import Order With Crypto Worth $10 MillionIran has placed its first official import order using cryptocurrency worth $10 million, according to a government official. “By the end of September, the use of cryptocurrencies and smart contracts will be widespread in foreign trade with target countries,” the official added. Iran Uses Crypto to Place Import Order Iran placed its first official import […]