World’s Easiest Onramp for Crypto Beginners: From EUR in Your Bank Account to BTC or NIM in “Your-Keys-Your-Coins” Wallet in Under 5 Minutes

A handshake between traditional finance and decentralized finance (DeFi) is finally happening! Nimiq – a non-profit and open source blockchain project has enabled Atomic Swaps for fiat and cryptocurrencies. The recent public beta launch of Nimiq’s OASIS (Open Asset Swap Interaction Scheme) marks the milestone event and allows users to go from money in their bank account to crypto in their self-custodial wallet in less than 5 minutes!
With OASIS, Nimiq has adopted the tried and tested DeFi concepts of Atomic Swaps and Hashed Timelock Contracts (HTLC) to handle off-chain assets, thereby creating a bridge between two different financial worlds. The OASIS protocol simulates off-chain assets to behave like blockchain tokens, making them programmable. The project has chosen EUR as the first off chain asset and has partnered with the German TEN31 Bank to make it possible.
The banking partnership enables OASIS Protocol to create a smart contract that interacts with the SEPA Instant system. Meanwhile, smart contracts for cryptocurrencies are created on their respective blockchains. With these two sets of smart contracts in place, a swap can be initiated to facilitate noncustodial, verifiable, peer-to-peer exchange of assets. Currently, the OASIS Protocol only supports the purchase of BTC and NIM with EUR from any SEPA Instant capable bank accounts, with more assets to be added soon.
Buy BTC and NIM with EUR on Nimiq OASIS Nimiq is on a mission to make cryptocurrencies accessible to everyone. To do that, it is relentlessly working on simplifying most of the crypto related processes. The introduction of Nimiq OASIS is a huge step in that direction. The entire Nimiq ecosystem is designed to work within a web browser on any device with an internet connection.
Anyone can use Nimiq OASIS irrespective of their prior experience with cryptocurrencies by following a few simple steps. They just have to visit the webapp site and create an account by choosing an avat..

Bitcoin Slides 5% From Recent Highs Amidst Binance CFTC Probe Revelation

Bitcoin price just pulled back 5% from the now rejected retest of the asset’s current-standing all-time high. The leading cryptocurrency by market cap was struggling with resistance as it was, but news breaking that Binance is the focus of a CFTC probe caused the pullback to worsen sharply.
Here’s a brief breakdown of what’s going on in this developing situation, and what this could mean for the cryptocurrency’s ongoing uptrend.
Breaking: Commodity Futures Trading Commission Opens Investigation Into Binance According to a breaking report circulating from Bloomberg News, leading cryptocurrency exchange Binance is the subject of an ongoing CFTC probe. The Commodity Futures Trading Commission is investigating if Binance served US customers, allowing them to trade cryptocurrency derivatives trading products that are in violation of US regulations.
Related Reading | Bitcoin “Cheat Sheet” Calls For Next Leg Up To $77K
The CFTC is among the chief regulatory enforcers in the United States, alongside the Securities and Exchange Commission, and have launched investigations into BitMEX and Tether in the past.
Binance commands a lion’s share of the total cryptocurrency market trading volume, and its footprint extends into CoinMarketCap, and just about everywhere else the industry touches. The significance of the breaking news caused Bitcoin to add to its now 5% pullback from recent highs.

Bitcoin price has retraced by 5% so far, but could more downside be coming? | Source: BTCUSD on Could Negative News Turn Sentiment And Derail The Bitcoin Bull Run? Bitcoin price is undeniably overheated by most standards. Technicals have issued bearish divergences for months on end, overbought conditions are prominent on most timeframes, yet pullbacks have lasted only briefly as dip buyers scoop up BTC at whatever price they can get.
But with technicals this overheated, what could start as a small 5% correction on negative news could have a butterfly effect that causes ..

TFSA Investors: Make $1 Million by Choosing Value, Not Growth

Growth stocks are an excellent investment strategy — one I wouldn’t tell investors to steer clear of completely. If you have a Tax-Free Savings Account (TFSA), you need a diverse portfolio strategy. That means finding stocks, ETFs, currencies, and can include growth stocks.
Growth stocks are companies that generate sustainable and substantial positive cash flow. They tend exceed the expectations of analyst estimates for both revenue and earnings, and increase at a far faster rate than both the market as a whole, and the industry.
While these stocks are fantastic to have for a few years, growth eventually slows substantially. Sometimes this can lead to a share price crash, deserved or not. Yet many investors believe this is the best strategy if they want to become a millionaire from stock investing.
Instead, on top of your diverse portfolio you want to find value stocks to get you to $1 million. Here’s why.
What’s valuable If you don’t believe that value stocks are the best way to $..

e-Money Is Aiming to Bring More Value to Stablecoins

As more people look for safer alternatives to store and transfer their wealth, stablecoins have emerged as a viable option with practically no restrictions. These fiat-pegged crypto assets allow users to store value reliably, but do nothing to account for inflation of the fiat backing the asset.
e-Money has developed a new stablecoin, one more akin to a tokenized bank deposit than a fiat-pegged currency, as it fluctuates based on incurred interest rates. e-Money combines the best aspects of the three most popular stablecoin models: algorithmic stablecoins and collateralized stablecoins (which include crypto and currency-backed stablecoins), to provide additional value to end-users. Built using the Cosmos blockchain, e-Money is interoperable between networks, allowing for platform sovereignty alongside easy integration with other blockchains.
The Trouble With Algorithmic and Collateralized Stablecoins Prior to the introduction of e-Money, there have been three categories of stablecoins that provide value to users, but have inherent problems. These categories, currency-backed stablecoins, crypto-backed stablecoins, and algorithmic stablecoins, are still very popular but can be improved.
Users tend to flock to the options that provide a reliable peg on the underlying asset, including during times of volatility. Unfortunately, to date there has not been a mainstream stablecoin that is immune to violent market swings. This has kept many people at bay from participating from more traditional markets and has caused stablecoins to be viewed as a potential regulatory risk.
The future viability of these stablecoins depends greatly on the relationship stablecoin issuers have with banks. If regulators bring forward new rules or issuers can’t cover the operational costs from interest held in reserves, there could be a potential price decoupling. There is also the problem of relying on a centralized institution responsible for maintaining the asset’s stability.
Algo stableco..

How to Properly Invest in New Coins?

The days of ICOs are long gone, but new crypto projects have not stopped appearing. Today, according to the CoinMarketCap service, there are more than 8,000 thousand cryptocurrencies and tokens. And this is without taking into account those that analytic services do not add to the list or exclude from it. The choice is really extensive, but looking at the ICO, we understand that most of these coins are scams. How to choose a really promising crypto project from a great variety? You should pay attention to the following factors:
Community. Who, if not the audience of the project, will be able to support its new vectors of development? This also applies to new coins: if a project has a large and active community, then they will happily acquire a new token, they will not get rid of it, and this contributes to long-term growth. Product. The coin must have a practical application. If there is none, then it was created to make money on price changes. As a rule, such coins do not last long; at some point, their creators drop the price by selling a large batch of an asset. And if the coin has a practical application, then a constant demand is provided for it, which will be a guarantee of a constant rise in price. How the price of the coin showed itself at the start of the project and the next few months. It was said above that if a coin was created for the purpose of making money on price movements, then soon it will be depreciated. But if the coin at the start showed a good growth rate, but more importantly, it managed to maintain its position, then this speaks for one thing – the project developers and first investors are not going to get rid of it. Prospects. In addition to practical application, you need to look at where the coin is already traded. If the project is new, then its token can be traded on a limited number of sites. Thus, with each new listing, the price of the coin will react positively, because the trading volume will increase. However, if a project has ..

Charted: Cardano (ADA) is Facing Hurdles, Why It Could Extend Losses

Cardano’s price is struggling to clear the $1.200 resistance zone. ADA remains at a risk of more losses below the $1.050 and $1.020 support levels in the near term.
ADA is struggling to recover, but it is still well above the $1.000 level against the US dollar. The price is still facing hurdles near $1.200 and the 100 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.150 on the 4-hours chart of the ADA/USD pair (data source from Bitfinex). The pair could dip further unless there is a clear break above $1.150 and $1.200 in the near term. Cardano (ADA) Remains At a Risk After a sharp rally, cardano’s price struggled to extend gains above $1.487. ADA price started a downside correction and traded below a key support near the $1.200 level.
The price even traded below the $1.100 support and settled below the 100 simple moving average (4-hours). A low is formed near $1.036 and the price is currently correcting higher. There was a break above $1.100 and $1.120 resistance levels.
There was a break above the 23.6% Fib retracement level of the downward move from the $1.487 high to $1.036 low. The price even spiked above the $1.150 resistance and the 100 simple moving average (4-hours).

Source: ADAUSD on However, there was no upside break above the $1.200 resistance. There is also a major bearish trend line forming with resistance near $1.150 on the 4-hours chart of the ADA/USD pair. The pair is now trading well below the 50% Fib retracement level of the downward move from the $1.487 high to $1.036 low.
On the downside, the $1.050 level is a decent support. The main support is now forming near the $1.035 level. A downside break below the $1.035 level could open the doors for a move towards the $1.000 and $0.9500 levels in the near term.
Upsides Capped? If cardano’s price stays above the $1.050 support, it could make an attempt to clear the trend line resistance at $1.150. If the bulls succeed, the price ..

St. Patrick’s Day is Uniswap Day for Gaming Startup, Lepricon

There is a new game in town, and it seems to have the luck of the Irish, especially as they will list their token on Uniswap on St. Patrick’s day.
Choosing such a lucky date to debut might explain why the team behind Lepricon, a blockchain-based gaming platform for prediction games, found themselves closing out their seed and private rounds in just a few short days, ending the process seven times oversubscribed,
“Once word started getting around about what we were doing and why we found ourselves inundated in instant messages and emails from potential investors,” recounts Stephen Browne, Co-Founder & COO. “We flew past our soft cap in under a week, and shortly after, we sold out. We just have the public sales to go, and we will hit our hard cap.”
The question is, why all the interest? There are two possible reasons.
First, Lepricon is not just another DeFi service aimed at the core crypto community. Their core business is games. As Founder & CEO Joshua Galloway explains, “We think gaming is the first killer app that will take blockchain mainstream.”
He continues, “Gamers understand in-game currencies and rare and unique game items. It’s easy to lead them from there to cryptocurrencies and NFTs. Once they are playing games with our in-game currency, L3P, then we can introduce them to the Defi elements of the platform and show them how to swap and stake it.”
The second reason is far more human. The team behind Lepricon is experienced and makes a point of being anything but anonymous. If you add up the CEO, COO, and CMO ages, you get more than 130. They asked that we not be too precise! Galloway has over 20 years of experience in video games, from AAA studios to mobile and social casinos. Browne is a former barrister and has worked in the digital asset space for some years now. Phil Ingram, Chief Marketing Officer, who describes himself as a survivor of the original dot com boom, has 30 years of marketing and brand development experience.
Lepricon has also pulle..

TA: Ethereum Forms Bullish Technical Pattern, Why Close Above $1,850 Is Critical

Ethereum is holding gains above $1,750 against the US Dollar. ETH price is likely setting up for a crucial upside break above the $1,850 and $1,880 resistance levels.
Ethereum is showing a few positive signs and it is trading nicely above $1,750. The price is now well above $1,750 and the 100 hourly simple moving average. There is a crucial breakout pattern forming with resistance near $1,840 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to start a strong rally if there is a close above the $1,850 resistance. Ethereum Price is Showing Positive Signs Ethereum corrected further lower below the $1,750 support zone, whereas bitcoin extended its rise. However, ETH remained well bid above $1,720 and $1,700 levels.
A low is formed near $1,724 and the price is currently rising steadily. There was a fresh move above the $1,800 resistance level. A high is formed near $1,845 and the price is currently consolidating gains. It corrected lower below the 23.6% Fib retracement level of the upward move from the $1,724 swing low to $1,845 high.
Ether is now well above $1,750 and the 100 hourly simple moving average. An initial support is near the $1,785 level. It is close to the 50% Fib retracement level of the upward move from the $1,724 swing low to $1,845 high.

Source: ETHUSD on There is also a crucial breakout pattern forming with resistance near $1,840 on the hourly chart of ETH/USD. If ether price clears the triangle resistance and $1,850, there could be a strong increase. In the stated case, the price could rise towards the $1,900 and $1,920 resistance levels. The next major stop for the bulls could be $2,000.
Downside Break in ETH? If Ethereum fails to continue higher above the $1,840 and $1,850 resistance levels, it could correct further lower. The first key support is near the $1,785 level.
The main support is now forming near the $1,750 level and the triangle lower trend line. If there is a downside break below the $1,750 ..

TA: Bitcoin Revisits $58K, Why BTC Could Accelerate Towards $60K

Bitcoin price extended its rise and it even tested the $58,000 resistance against the US Dollar. BTC is showing positive signs and it is likely to accelerate higher above $60,000.
Bitcoin remains in a bullish zone and it even climbed above the $58,000 resistance. The price is now trading well above $56,000 and the 100 hourly simple moving average. There are two bullish trend lines forming with support near $55,650 and $55,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct lower, but the bulls are likely to remain active above $55,000. Bitcoin Price is Gaining Momentum After a close above the $55,000 resistance, bitcoin extended its rise above $56,000. BTC settled nicely above the $55,000 level and the 100 hourly simple moving average.
It opened the doors for a push above the $57,000 and $57,500 resistance levels. The price even spiked above the $58,000 resistance and traded to a new monthly high at $58,140. It is now correcting lower and trading below the $58,000 level.
There was a break below the 23.6% Fib retracement level of the recent increase from the $54,318 swing low to $58,140 high. On the downside, there are two bullish trend lines forming with support near $55,650 and $55,000 on the hourly chart of the BTC/USD pair.

Source: BTCUSD on On the upside, the price is likely to face sellers near the $58,000 zone. A clear close above the $58,000 resistance will most likely start a strong increase. The next target for the bulls could be $60,000 in the near term. Any more gains could lead the price towards the $62,000 level.
Dips Supported in BTC? If bitcoin fails to clear the $58,000 resistance, it could correct lower. The first key support is near the $56,200 level. It is close to the 50% Fib retracement level of the recent increase from the $54,318 swing low to $58,140 high.
The main support is near the trend line and $55,500. Any more losses might call for a test of the $55,000 support level. If the..

Canadians: Should You Buy Shopify or Lightspeed POS Today?

Technology stocks in North American markets have been throttled since late February in the face of rising bond yields. This has provided an appealing buy-in opportunity for investors who have been anxious about high valuations. Today, I want to look at two of the top-performing tech stocks on the TSX: Shopify (TSX:SHOP)(NYSE:SHOP) and Lightspeed POS (TSX:LSPD)(NYSE:LSPD). These top tech stocks have thrived in the same fast-growing industry.
The COVID-19 pandemic has sparked even more growth in this industry The COVID-19 pandemic has pulverized the restaurant and entertainment industries. Small businesses that rely on a brick-and-mortar footprint have been forced to face this catastrophe head on. However, the e-commerce space has achieved massive growth over the same period. The closure of traditional retail has pushed even more consumers to digital alternatives. According to new data from IBM’s U.S. Retail Index, the pandemic has accelerated the shift to e-commerce by five years.