Tag: qtum
Highlights March 23: Loopring up 42%, NFL allows blockchain ads
Most major cryptos registered minor losses over the past 24 hours. The National Football…
The post Highlights March 23: Loopring up 42%, NFL allows blockchain ads appeared first on Coin Journal.
Value Locked in Defi Climbs Back Above $200 Billion, ETH Dominates Defi TVL by 54%
As the crypto economy nears the $2 trillion mark, the total value locked (TVL) in decentralized finance (defi) has risen above the $200 billion zone after slipping below that range for most of the year. While the TVL in defi dropped 0.51% during the last 24 hours, statistics show the TVL today is hovering around […] QTUM Technical Analysis: The Critical Mark Of $5.5 Still Under Buyers’ Control
The QTUM price have not played yet a negative role for investors outside the global growth channel. On the weekly timeframe, you can see a significant slowdown in the downward trend for 2 months. Buyers manage to keep the range of $5.5 and this is the main signal for the readiness to form a new growth wave. Starting with the weekly candle of 14 February, buyers have been trying to regain control of the global trend line of the growth channel. On the chart we see that this attempt ended with the closing of the weekly candle below the opening price and with the pin-down. However, such a signal of buyers’ weakness did not provoke sellers to form a new fall wave. Although each subsequent weekly candle closed below the opening price, but at low volumes. Volatility has dropped significantly and during the $5.5 range test, buyers have not experienced significant aggression from sellers. https://www.tradingview.com/x/UY9APeN0/ Therefore, at the moment the continuation of the fall wave is impossible due to insufficient forces of sellers. The main scenario at the moment is the beginning of QTUM price growth with the first target of $8.5. This is where the previous attempt of buyers to launch a medium-term counterattack stopped. The final target at the moment is the $11 mark range. It is from this price point that there is a great risk of starting a new fall wave of QTUM with the main target of $3.6. Technical Analysis Of QTUM On The Daily Timeframe https://www.tradingview.com/x/URvNSJKm/ Analyzing the price movement of QTUM on the daily timeframe, we see that after 24 February, trading volumes fell. We can assume that the set of buyers’ position to form a new growth wave is coming to an end. On the daily chart, we noted the main level, the position and liquidity zone are still gaining ground, where false breakdowns are allowed. Starting from 7 December 2021, sellers have been keeping the initiative in the QTUM market with a red trend line. But, their aggression dropped significantly. On 9 March, buyers began a local growth wave, the main target of which is $7. In this note, it will become clear how much power sellers have left to feed the consolidation in the QTUM market. Thus, while the $5.5 mark is under the control of buyers, we expect the QTUM price to increase in March. The QTUMBTC Price Calls Into Question The Positive In The Market https://www.tradingview.com/x/la9AANAN/ If in the pair to USDT the QTUM price looks encouraging for investors, then in the case of the pair QTUMBTC the opposite is true. Since December 2021, QTUMBTC trading volumes have fallen significantly. Now the QTUMBTC price is falling on a weekly timeframe at such low volumes that it becomes scary for the attractiveness of this cryptocurrency. Thus, the important liquidity volume of 0.00016 is no longer under the control of buyers. One thing is gratifying – that this price fall is very slow and with one weekly candle buyers can completely correct the situation. Therefore, while the price is below the mark of 0.00016 investing in the QTUM cryptocurrency is quite dangerous. And if you have made such a decision – be prepared to buy QTUMBTC at lower liquidity levels to form an attractive average investment price.
The post QTUM Technical Analysis: The Critical Mark Of $5.5 Still Under Buyers’ Control appeared first on Cryptoknowmics-Crypto News and Media Platform.
Moonstake Now Supports FIO Staking
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FIO staking activation is scheduled to take place on 22nd February 2022. Before this activation, each FIO token staked will begin accruing rewards at an early-access rate. Through this partnership, the Moonstake and FIO teams have worked together to bring you FIO staking feature before Staking Activation to start earning the early-access, proportional reward potential on Moonstake Wallet.
After Activation is achieved, and as more tokens are allocated to the Staking Rewards Pool moving forward, rewards accrued per FIO token staked will decrease over time. This means that, after Activation is achieved, those who still stake earlier will accrue greater proportional rewards than those who stake later.
Moonstake started the staking business last year with the aim to create the largest staking network in Asia. Since then, we have developed the most user-friendly Web Wallet and Mobile Wallet (iOS/Android) with support for over 2000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake's total staking assets have grown rapidly to reach $1.8 Billion, allowing Moonstake to become one of the top 10 staking providers globally. Since March this year, Moonstake has also entered DeFi together with the newly launched DeFi platform, Muse.Finance, who has begun releasing its core DeFi products which are all scheduled to be integrated into Moonstake platform to enable advanced DeFi connectivity for our global users.
Meanwhile, FIO (short for Foundation for Interwallet Operability) was founded in 2020 and aims to enable easier, safer and more joyful crypto transactions on any type of token or coin. The FIO Protocol is designed to ensure the cryptocurrency user experience is uncomplicated and lays the foundation for cryptocurrency mass adoption. Long complex addresses have been replaced with user-customized FIO Crypto Handles such as "user@fio" that enable decentralized sending, receiving and payment requests (invoices, order carts, etc.), as well as, cross-chain end-to-end encrypted metadata (the information for those invoices, order carts, etc.) that can work across all blockchains.
How to stake FIO on Moonstake Wallet
Here's a simple 3-step process to stake FIO with Moonstake Wallet:
- Register your Moonstake Wallet via Web or mobile (iOS/Android)
- Select FIO from the "Wallets" screen and click the "Add Asset" button.
- Access the FIO screen to check your staking information. From the Staking tab, click the "Stake" button, input the amount to stake, and enter your wallet password to complete.
How FIO staking works
Hold FIO, no minimum staking amount.
Agree to lock in and stake FIO
While your FIO tokens are being staked, they remain in your wallet while you earn staking rewards. The Staking method ensures that stakers of FIO Tokens will always earn a positive return - meaning they receive more FIO Tokens back when they unstake than the number they staked.
How to get rewards for FIO staking
Rewards are given in FIO tokens and users will have to claim rewards. Please note that if you unstake your tokens prior to staking activation on 22nd February 2022, you will not receive any rewards.
How FIO unstaking works
If token holders want to send an asset that is currently staked, they will need to unstake it first. Unstaked tokens are locked and are unspendable for a period of 7 days. After that, they can be transferred as normal.
Moonstake is proud to deliver on our promise of bringing great value to users worldwide not only through enabling FIO staking, but also by integrating the feature before FIO staking officially launches on Mainnet, allowing our users to enjoy the greatest amount of earning potential per token staked.
About Moonstake
Moonstake is the world's leading staking service provider that develops and operates decentralized wallet services for businesses and individuals.
Since its launch in April 2020, Moonstake has partnered with 27 leading platform providers, including Cardano's constituent Emurgo, developer of the Polkadot-connected blockchain Astar Network Stake Technologies, and the TRON Network with over 50 million users. In May 2021, Moonstake further enhanced its corporate credibility by becoming a wholly owned subsidiary of OIO Holdings Limited, a company listed on the Singapore Stock Exchange.
Using blockchain technology, Moonstake aims to progress toward a world where anyone can easily make use of highly secure and reliable digital asset management tools. https://www.moonstake.io/
About Moonstake's staking business
For the staking industry, which has grown into a 630-billion dollar market as of September 2021, Moonstake provides a decentralized staking service that does not require user deposits, and supports nodes around the world in addition to its own validator nodes. Moonstake currently supports the staking of 12 blockchains. With a total staking assets of 1.8 billion USD and a global user base, the company ranked third out of more than 10,000 providers worldwide in June of the same year.
About FIO Protocol
The Foundation for Interwallet Operability (FIO) is an industry consortium, consisting of leading wallets, exchanges, crypto payment processors, and various other entities and community members dedicated to the pursuit of blockchain usability through the FIO Protocol.
FIO's vision is to operate as a Decentralized Autonomous Consortia (DAC), guided by the community and blockchain ecosystem. We encourage everyone to participate in helping define the FIO Protocol and to provide feedback on how to improve blockchain usability. Our Foundation values Openness and Transparency, Diversity in Community, and Fairness. https://fioprotocol.io/
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comMoonstake is pleased to announce that our users can now earn interest from staking the FIO token of the FIO Protocol on our Web Wallet! Hold, send, receive, and stake FIO to receive rewards with the best user experience through one single click. After Cosmos, IRISnet, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality, Orbs, IOST, TRON, and Shiden, FIO became the 15th staking coin available on Moonstake. Moonstake is now also one of the official Block Producers on FIO.
Moonstake Collaborates with deBridge to Enable Cross-chain Bridge for Assets and NFTs
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Moonstake launched its staking business in 2020 with the aim to create the largest staking network in Asia. Since then, it has developed the most user-friendly Web Wallet and Mobile Wallet (iOS/Android) with support for over 2000 cryptocurrencies. Currently, Moonstake supports 14 high-demand staking coins: Cosmos, IRIS, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality, Orbs, IOST, TRON, and Shiden. After a full-scale operation launched in August 2020, Moonstake's total staking assets have grown rapidly to reach $1.8 Billion and by June 2021, Moonstake was the third best staking provider in the world out of 15,000 staking providers worldwide. In March 2021, the company entered DeFi with Muse.Finance, a DeFi platform, and will continue to expand into the DeFi business.
deBridge is a cross-chain interoperability and liquidity transfer protocol that allows truly decentralized transfer of arbitrary data and assets between various blockchains. The cross-chain intercommunication of deBridge smart contracts is powered by the network of independent validators elected by deBridge governance. These elected validators, which now includes Moonstake through this partnership, run a full node of each supported blockchain and the deBridge node to perform validation of cross-chain transactions that pass between smart contracts of the deBridge protocol in different chains.
deBridge commenced during the Chainlink Global Hackathon where the team strived to solve the urgent problems of transferring data and liquidity between blockchains and the lack of a single decentralized standard for bridging assets. The project was awarded the grand prize, taking first place among more than 140 teams worldwide.
On the collaboration, Founder of Moonstake, Mitsuru Tezuka, says: "As one of the world-leading staking providers, Moonstake is happy to support deBridge in building a truly decentralized cross-chain interoperability framework for blockchains, protocols, and applications as an official validator. We are very impressed with deBridge technical prowess and strong vision for not only technological innovation but also security for users, both of which are also key values that align with the vision of Moonstake to enable users the most advanced, safe, and friendly experience with digital assets.".
Alex Smirnov, CEO of deBridge, comments: "Our team is thrilled that Moonstake will be a part of deBridge's validator network to facilitate security and reliability. It's important for us to have experienced validators when we're building cross-chain infrastructure, and we're looking forward to working with Moonstake moving forward.
About Moonstake
Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Moonstake develops a staking pool protocol and provides business services through partners and companies.
Moonstake aims to be the largest staking pool network in Asia by providing an active environment for crypto asset holders. Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing to strengthen ties with leading platforms across Asia's burgeoning Distributed Ledger Technology (DLT) ecosystem. Partnerships have been announced with Emurgo, Ontology and NEO to boost staking adoption, Binarystar, Japan's biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore-listed company. Industry's reputed advisors, such as Lisk and Lawrence Lim of RAMP DEFI support Moonstake's innovative journey.
With a full-scale operation launched in August 2020, we expanded our business and as of now, our total staking assets exceeded over USD 1 billion. https://www.moonstake.io/
About deBridge
deBridge is a cross-chain interoperability and liquidity transfer protocol that allows truly decentralized transfer of assets between various blockchains. The cross-chain intercommunication of deBridge smart contracts is powered by a network of independent oracles/validators elected by deBridge governance. deBridge protocol is an infrastructure platform and hooking service which aims to become a standard for:
- Cross-chain composability of smart contracts
- Cross-chain swaps
- Bridging of any arbitrary asset and data
- Bridging of NFTs
https://debridge.finance/
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comToday, Moonstake is happy to announce our collaboration with the innovative cross-chain interoperability and liquidity transfer project deBridge.
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