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Shares of cryptocurrency-related firms, including coinbase Global, Signature Bank and Abang International fell during the following premarket trading Silvergate Capital The decision to shut down its cryptocurrency payment network, SEN. Amidst the current rough patch in the cryptocurrency market due to the Silvergate crisis, which is the best crypto to buy today? https://twitter.com/FortuneMagazine/status/1632733147975544833
The La Jolla, California-based bank attributed the decision to a risk-based approach to keeping its business viable. As a result, it lost several big names in the crypto space as partners, which saw a general crypto market selloff. Bitcoin And Ethereum Prices fell 4.8% and 4.7%, respectively, in the past week.
As Jerome PowellAs the chairman of the Federal Reserve prepares to deliver two rounds of testimony before the House Financial Services Committee of Congress, the macroeconomic environment is also heating up.
Investors are carefully monitoring his words on future economic policy and interest rates as we await the Fed’s decision on a benchmark rate hike in two weeks’ time. To round out this busy week in economics news, investors will also be paying attention to non-farm payrolls data and commentary. bank of japan Officer.
This month, the sentiment in the cryptocurrency markets is making a rapid transition from bullish to neutral to bullish. According to the Crypto Fear and Greed IndexThe stance appears to be moving from “neutral” to “fear”.
BTC price entered a consolidation phase over the weekend, with very low volatility seen in the market. However, market players are speculating that this may change due to the above mentioned macroeconomic data release in the coming days.
Between the current crisis at Silvergate Capital and these upcoming macroeconomic data releases, investors are understandably concerned about the potential impact on the cryptocurrency market.
Therefore, it is more important than ever to carefully consider both fundamental and technical analysis when selecting investment options. Based on this analysis, there are several cryptocurrencies including FGHT, MKR, METRO, IMX, CCHG, and TARO that are the best cryptocurrencies to buy today.
Why Fight Out Packs a Punch for Investors
Fight Out is set to be a game-changer in the fitness industry by leveraging Web3 and cutting edge move-to-earn (M2E) technology. As the world recovers from the COVID-19 pandemic, many people are looking for ways to stay healthy and fit in the post-lockdown world.
Due to high gym fees, lack of motivation and no personalized workout plan, many people struggle to maintain their fitness.
Fight Out aims to solve these issues with its state-of-the-art M2E App, Fitness Coin and Gym Network. By combining move-to-earn technology with Web3, Fight Out provides a unique platform that motivates users to maintain their fitness while earning rewards in the form of REPS tokens.
Fight Out’s M2E app provides personalized workout plans that meet the individual needs of each user. The app tracks your progress, offering feedback and recommendations to help you achieve your fitness goals. REPS tokens earned through the app can be exchanged for gym memberships, merchandise and app subscriptions.
Fight Out Gym Network is set to launch in Q4 2023, and it promises to offer something unique to the fitness industry. The gym will be equipped with Web3 technology, which includes digital mirrors and sensors that monitor workouts for personalized advice. Users will also have access to a community-driven platform that promotes a goal-oriented approach to fitness.
Fight Out is also set to become the leader in the Web3 sports market. With partnerships with the UFC and other prominent athletes, Fight Out’s metaverse features will allow fans to compete with each other and their favorite athletes. Users will be able to create their own avatars and challenge others in the Metaverse, earning in-app tokens along the way.
Fight Out’s pre-sale for its FGHT token has raised nearly $5.2 million so far and shows no signs of slowing down, making it one of the best cryptos to buy today as it prepares for launch.
Maker (MKR) has recently outperformed other cryptocurrencies in the top 100 list, gaining 21% over the past seven days, while major digital currencies such as Bitcoin and Ethereum have faced a bearish trend. The recent upward trend in MKR price is a sign of growing interest in the platform, which allows users to borrow and lend cryptocurrencies without a centralized intermediary.
The MKR price increase is attributed to the results of a revised Maker Executive Vote poll, the introduction of a new pricing model, and an increase in the loan limit from 5 million DAI to 10 million DAI.
After yesterday’s 10.10% move, MKR price is trading below the immediate resistance area of $949 to $981 with a loss of 2.52% day to day at $941.
If MKR price manages to retest this level, the next possible target is the area between $1048 and $1074. The 20-day EMA at $818 could act as an immediate support at the current swing low of $822 to $838.
As decentralized finance continues to attract attention from investors, platforms like Maker are likely to see an increase in demand, which could lead to a potential increase in the price of MKR in the long term. However, for higher potential short to medium term gains, Metropolis is a great alternative investment.
Metropoli’s Real Estate NFTs Are a “Fraction” of the Cost
Metropoli’s real estate NFT marketplace is gaining traction in the crypto investment community. The platform offers investors the opportunity to invest in income-generating assets without the traditional hassles of credit checks, high down payments, mortgages or paperwork.
Investors can enjoy passive income through automated rental payments, and Metropoli’s real-time analytics and data make investing more accessible to investors. Instant liquidity is also a unique feature of the platform, allowing investors to sell their properties instantly at 70% of the cost or go to auction to receive the highest bid.
NFTs on the Platform are backed by physical properties, with each NFT representing a fraction of an asset. This makes Metropoli’s NFT marketplace a unique offering in the real estate investment space.
The beta version of Metropolis is now live, showcasing the platform’s vision for the future. The platform’s partnerships with ChainAdoption, Tencent and over 20 crypto influencers have helped raise its profile in the crypto investment community.
The platform’s low-barrier entry point of $100 makes it an attractive option for crypto investors looking to diversify their investment portfolios, with its real estate NFTs offering monthly rental income and benefiting from long-term price appreciation. Offer a hedge against inflation.
Whether you are a novice or an experienced investor, the Metropoli pre-sale provides an excellent opportunity to take advantage of this new market. Current investments have already totaled nearly $600K and METRO, with price growth during 9 phases, has made METRO one of the best cryptos to buy today before its price rises again.
invariant x (imx)
Immutable X (IMX) has shown resilience in its price movements in the recent market decline, as it bounced back from the 50-day EMA of $0.88 on March 3 to close above the 20-day EMA of $1, which was the lower low. This indicates strong buying pressure at the level. level.
Looking ahead, the IMX price may face resistance at $1.12, where the bears could potentially step in and drag the price lower. However, if the buyers manage to push higher, it could gain momentum and move towards the key resistance at $1.247 to $1.290. This level is important to observe as a break and close above it could signal the start of a new uptrend, potentially taking IMX price towards $1.60.
IMX is currently trading at $1.08 with a loss of 0.5% for the day. Another drop from this level would mean that the bears are still in control.
Sellers can then attempt to drag the cryptocurrency below the 20-day EMA at $1 and take a charge. If successful, IMX price could decline further between $0.870 and $0.888, which coincides with the 50-day EMA at $0.890.
On the 4-hours chart, the price is fluctuating between $0.92 and $1.12, with significant trading activity near support and resistance. Range-bound price action can be erratic and unpredictable so traders are advised to wait for breakout confirmation before placing any positions.
C+Charge: The shockingly simple solution to a big problem
As the popularity of Electric Vehicles (EVs) continues to grow, so does the need for charging infrastructure. C+Charge is a blockchain-based platform that seeks to help with this by improving the EV charging and payment experience.
With an innovative approach to sustainable energy, C+Charge aims to provide EV owners with a seamless, efficient and eco-friendly charging experience.
The company plans to build new charging stations while working with existing ones, allowing customers to quickly find nearby charging stations and pay with the CCHG token.
The blockchain technology behind CCHG ensures transparent and efficient payment processing, and the platform’s app provides real-time information on local charging options and vehicle diagnostics.
EV owners using the platform will also receive Goodness Native Token (GNT) carbon credits. These tokens represent verified voluntary carbon credits that can be traded on the app, and are backed by leading venture capital firms such as a16z and Invesco.
The C+Charge pre-sale is divided into eight phases, each lasting a week before the price increases. The pre-sale has raised over $2.4 million so far, and the next pre-sale phase will further increase the token price in just over 1 day.
Build the world of your dreams: Robotera unleashes your creativity
The metaverse has been a buzzword in the tech industry for some time now, and many companies are looking to capitalize on its potential. Among these companies is Robotera, a new metaverse crypto gaming project that is creating a unique gaming experience.
Unlike many other metaverse projects that focus solely on gaming, Robotera is taking a different approach. The project aims to create a comprehensive and interactive platform that combines entertainment, creation, management, exploration and interaction, all while providing a frictionless play-to-earn experience.
One of the key features of Robotera is its use of cryptocurrencies and digital assets. By integrating these elements, players can earn real money for their contribution to the in-game economy. This opens up new possibilities for players to monetize their gameplay and turn their passion for gaming into a lucrative career.
Another unique aspect of Robotera is its focus on virtual and augmented reality, as well as building tools such as Minecraft. It allows players to create and customize robots, landscapes, and structures, bringing a whole new level of creativity to the metaverse gaming industry.
Another distinguishing feature is Robotera’s commitment to decentralization and community governance. The platform’s DAO ensures that all players can propose or decide on their own faction’s implementation strategy, as well as decide on the usage of the tokens in their own treasury.
This gives players a sense of ownership and control over the platform, making it a truly collaborative and democratic gaming experience.
Robotera is also building a dynamic ecosystem that allows players to collaborate, share and trade with each other. The shared world links together players’ unique lands, opening up endless possibilities for theme parks, concerts, museums, and more. This creates a truly social experience that goes way beyond traditional gaming.
Don’t miss your chance to be one of the first investors in RobotEra’s TARO token, which is fast approaching the $1 million raised during its pre-sale. This crypto coin is one of the best crypto to buy today, as it is a good time to buy before the prices go up with phase 2.