Axie Infinity Shards (AXS) appear to be one of the only cryptocurrencies to trade up slightly in the past 24 hours, despite the current...

Crypto markets have been choppy over the past week. Several regulatory news headlines contributed to the moves. President Joe Biden signed an executive order on cryptocurrency policy which is designed to support ‘responsible innovation,’ and MEPs in the EU voted against a proposed bill to limit proof-of-work-based cryptocurrencies. These are positive signs for crypto but […]

The post Crypto Index Tracker – DeFi and Privacy Coins Lead Gains appeared first on The Daily Hodl.

YouHodler, a FinTech platform focused on crypto-backed lending, stablecoin loans, crypto exchange, crypto savings accounts, and crypto trading announced the listing of several new Metaverse tokens on the platform. For all clients on YouHodler, Decentraland (MANA), The SandBox (SAND), Axie Infinity (AXS), Illuvium (ILV) and Gala (GALA) are available immediately.

All coins are available for exchange (buy/sell), trading, lending, and savings account features. For a limited time, YouHodler will feature promotion interest rates of 25% - 30% APR for these new tokens. The promotion will last one month from the launch of these tokens. After that, the interest rates will decrease to 3% APR plus compound.

YouHodler currently features interest rates as high as 12.3% for some stablecoins. YouHodler's embrace of the Metaverse comes during a pivotal moment in the internet's evolution, as the world starts to shift from Web 2.0 to Web 3.0 – or simply Web3.

YouHodler Lists Five New Metaverse Tokens

The metaverse is an elastic concept most easily described as a basic evolution of the internet. It's an online space where people can meet, socialize, shop, and even work using avatars. Unlike a video chat with friends, the metaverse is always there for users to enter and exit at will. The metaverse is not necessarily a new concept but has garnered a lot of attention in recent years, especially with Facebook boss Mark Zuckerberg announcing Facebook's evolution from a social media platform to a metaverse platform.

Since then, other metaverse platforms like Decentraland, SandBox, and more have exploded in user growth, with the price of their native tokens along with it. YouHodler CEO Ilya Volkov states “Web3 and the metaverse represent the next iteration of the internet. At YouHodler, we want to help our clients utilize their crypto in a positive way instead of just buying and holding. Hence, we feel offering new tokens such as these give our clients access to the metaverse's potential combined with our innovative digital asset tools.”

For those interested in learning more about YouHodler, they can download the YouHodler app for Android, iOS and also use the web app found on YouHodler.com. 

About YouHodler

YouHodler FinTech platform is focused on crypto-backed lending with fiat (USD, EUR, CHF, GBP), crypto (BTC) and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG, DAI, HUSD), crypto/fiat, and crypto/crypto conversions, as well as high-yield crypto-saving accounts (crypto-rewards & staking). The platform supports BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REP, and other popular cryptocurrencies and tokens. User's digital assets are safely guarded with Ledger Vault's advanced custody and Fireblocks security options.

YouHodler is an EU and Swiss-based brand with two main offices in Cyprus and Switzerland. To learn more about YouHodler Switzerland visit youhodler-swiss.com

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The degree of intrigue in the AXS market did not fall during the previous trading month. The AXS price is still at a critical point, from which it can both fall sharply and grow sharply. Sellers managed to push the AXS price out of the trend growth channel. However, all this happened on low volumes and now the price is very close to the bottom trend line of the channel. Much more important is the fact that buyers keep the $47 range. But, looking at the weekly timeframe, there is no certainty that buyers have enough strength for a long siege. https://www.tradingview.com/x/mARsVFiZ/ Since the beginning of February, sellers have managed to lower the price without much effort. So the AXS price fell very slowly, but what will happen when sellers add aggression? The positive scenario for the AXS market at the moment is the continuation of local consolidation in the range of $47-$68. This scenario will allow buyers to gain time and gain the right positions for a new growth wave with a target of $112. In our opinion, this is the main interest of sellers in selling this cryptocurrency. Though, if the $47 mark does not stand during March, at best the lazy AXS fall will continue with the final target of $20. It is worth noting that AXS has grown without corrections and in fact, strong buyers’ support is as high as $11. Therefore, when investing in this cryptocurrency, it is important to be prepared to record the allowable loss in order to freeze your capital for a long time.  Technical Analysis Of AXS On The Daily Timeframe https://www.tradingview.com/x/RGlZdcun/ Analyzing the movement of the AXS price on the daily timeframe, you can see a systematic decrease in volatility. The price has reached triangular consolidation and is locally preparing for the test of the upper trend line of the triangle. If buyers are unable to break the $58 mark during this local attack, sellers are more likely to break the consolidation triangle-down. But, take a closer look – now the AXS price is in the perfect place for a short-term trade with a minimum target of 20%. The only thing I can expect is a false break of $47 on high volumes. If in the next few days sellers try to attack $47 and the daily candle closes with a pin down on high volumes – this is the final signal to buy this cryptocurrency. The AXSBTC Price Is Corrected From October 2021 After a triumphant growth wave, AXSBTC buyers have been on vacation for six months. However, so far the passive defense of buyers keeps the main mark 0.0012. The AXSBTC price has been traded near this end since the end of January. This strategically important mark separates the fall in the AXSBTC price by 30%. Therefore, the trading week on 7 March will be crucial for the formation of a new medium-term AXS price movement. If the weekly habit closes above 0.0012 – we will expect a rebound of the AXSBTC price to 0.00165.

The post AXS Technical Analysis: There Is A Dangerous Situation appeared first on Cryptoknowmics-Crypto News and Media Platform.

Projecting similar patterns of development over the past week, AXS and AlGO were most likely to see a further drop in prices while MANA seemed to be a bit more stable than the rest. Axie Infinity (AXS) Axie Infinity dropped down from the $65.68 mark during mid-February to gain crucial support at the $42.63 level, […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice After hitting its ATH on 6 November, Axie Infinity (AXS) commenced its downturn in a descending channel while the bears kept testing the crucial $46-support.  Assuming the bulls can uphold this support, as they have […]

Metaverse dominates the year 2022. Craze epicly on rise for acquiring virtual lands on Metaverse platforms .  Virtual lands value

The post has appeared first on thenewscrypto.com

Analytics firm Santiment is taking stock of the crypto markets as the world reacts to Russia’s ongoing war with Ukraine. In a new Insights blog post, the firm provides data that tracks the buying and selling action of more than 50 digital assets. Among the most accumulated altcoins were gaming tokens Enjin Coin (ENJ) and […]

The post Crypto Whales Take Advantage of Dip, Swoop In on Ethereum (ETH) and Four Altcoins: Analytics Firm Santiment appeared first on The Daily Hodl.

New research finds that by 2026, 25% of everyone will spend at least one hour per day in the metaverse for work, shopping, education, social and/or entertainment. According to a new report from data insights firm Gartner, a burgeoning metaverse will develop with a fully operational virtual economy enabled by digital currencies and non-fungible tokens […]

The post A Quarter of All People Will Spend an Hour a Day In The Metaverse In Four Years appeared first on Coin Bureau.

Bitcoin and other cryptocurrencies have increased in value since February 4. This is due to Bitcoin rising above current support as bulls bought the dips. Moreover, the largest cryptocurrency has regained the psychological price level of $40,000 and held above it. This has helped the altcoins to recover as well.