Terraform Labs, the company behind Terra blockchain has announced an additional donation of 12 million LUNA or approximately $1.2 billion to the Luna Foundation Guard (LFG) that will be directed towards its growth and stabilization to maintain the UST dollar peg. Do Kwon, the CEO of Terraform Labs, announced on Twitter that the funds will be utilized to burn and mint its UST stablecoin in order to grow the reserves of the Luna Foundation Guard. TFL has donated 12M additional $Luna to @LFG_org. https://t.co/KOqaABKWZi The funds will be burned to mint $UST, and thereafter used to grow LFG's reserves. At current prices, this reflects another 1.2B incoming addition to the $UST reserves. 🌕 — Do Kwon 🌕 (@stablekwon) March 11, 2022 UST is an algorithmic-based stablecoin in the Terra ecosystem with an exchange rate of 1:1 with the U.S. dollar and is in part maintained by swapping of/for LUNA tokens when its market value deviates from its peg. The burning of $1 in UST results in the minting of $1 in LUNA and vice versa. The purpose behind the recent move is to maintain the stability of UST and its peg to the U.S. dollar. While other stablecoins manage to maintain this peg using various systems, UST relies on its relationship with LUNA, and the arbitrage opportunities that the treasury offers to traders. Earlier last month, the Luna Foundation Guard (LFG) raised another $1 billion through its sale of the LUNA token to build a bitcoin-denominated foreign-exchange reserve for UST.

The post Terraform Donates Additional $1.2B to the Luna Foundation Guard appeared first on Cryptoknowmics-Crypto News and Media Platform.

Forbes subscribers are in for a piece of very exciting news – a fine opportunity to purchase a Forbes Virtual NFT Billionaire Collection, 48 hours prior to the actual sale.  Didn’t make the Forbes Billionaires list? You can still join the virtual fun on the next best list as an owner of a Forbes Virtual NFT Billionaire! Forbes subscribers get early access to the sale. Learn more here: https://t.co/ErUP5IgWQT pic.twitter.com/C9iZpjtFdy — Forbes (@Forbes) March 11, 2022 Introduction to Forbes Virtual NFT Billionaire It refers to a virtual investor with a virtual network based on the currency NYSE pricing. The Forbes Virtual NFT Billionaire comes along with its profile page featuring a customized illustrated 2D and 3D headshot. Current NFT Billionaire owners will be provided with a public wallet address listed with the Billionaire that they own on the official website of Forbes.  Preparation for NFT Billionaire Collection Forbes has been in a partnership with the crypto exchange, FTX to launch ERC-721 tokens next month. To purchase the NFT, users must create an FTX US account and verify it. Thereafter, the user must deposit .25 ETH into your FTX account.  When the sale goes live, one must click on “Mint for X USD.” This process will provide you with random NFTs and will also show you how many NFTs have been minted till now. 

The post Forbes Virtual NFT Billionaire Collection Will Launch in April appeared first on Cryptoknowmics-Crypto News and Media Platform.

The UK’s financial regulator, the Financial Conduct Authority (FCA) has issued warnings against service providers of all 81 Bitcoin ATMs to shut down after being declared illegal. The FCA is concerned over the fact that crypto ATMs have almost negligible security checks and that none of the providers are actually licensed. This has led to concerns they could be used for money laundering. “We have warned operators of crypto ATMs in the UK to shut their machines down or face enforcement action,” the regulator said, adding… “Crypto ATMs offering crypto-asset exchange services in the UK must be registered with us and comply with UK money laundering regulations. A mere 33 companies are listed on the UK’s crypto-asset register, with a further 22 on a time-limited list permitting trading until the end of March. The FCA has shut down 110 operators to date. “We regularly warn consumers that crypto-assets are unregulated and high-risk, which means people are very unlikely to have any protection if things go wrong, so people should be prepared to lose all their money if they choose to invest in them,” said the FCA.

The post Bitcoin ATMs Shuts Down After Being Declared Illegal in UK appeared first on Cryptoknowmics-Crypto News and Media Platform.

The U.S. Department of Labor (DOL) has urged caution to exercise “extreme care” while considering crypto as an option in the 401(k) plan’s investment. In a compliance report released on Thursday, the department issued a warning for employers who seek to increase their 401(k) exposure to cryptocurrencies, stating that any significant crypto investments within company-sponsored retirement accounts might lead to legal investigation. “These investments present significant risks and challenges to participants’ retirement accounts, including significant risks of fraud, theft, and loss,” the report reads. The 401(k) is a retirement savings plan offered by American employers that seeks to provide long-term financial security along with extended tax benefits. “At this early stage in the history of cryptocurrencies, however, the U.S. Department of Labor has serious concerns about plans’ decisions to expose participants to direct investments in cryptocurrencies or related products, such as NFTs, coins, and crypto assets,” the report added. Regarding the legislation surrounding 401(k) investments, it does not actually specifically detail on which asset classes must be included. However, it does emphasize to “show the care, skill, prudence, and diligence that a prudent person would exercise” when making investment choices “in order to minimize the risk of large losses.”

The post U.S. Department of Labor Warns Adding Crypto in Retirement Plans appeared first on Cryptoknowmics-Crypto News and Media Platform.

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.

Sneakers brand, Skechers has entered the metaverse by becoming the first to sign a lease in the Fashion District of Decentraland, a decentralized VR platform built on top of the Ethereum blockchain. The company has also recently filed trademark applications to sell virtual goods such as footwear and apparel, in a bid to capitalize on the growing metaverse wave. “Our Decentraland agreement is an investment in our future,” said Michael Greenberg, president of Skechers, in a release. “We look forward to embarking on this virtual era, and exploring creative ways for our brand to engage with new customers and audiences as we launch the new Skechers experience.” With the latest deal with Decentraland, Skechers follows in the footsteps of a growing number of fashion brands who have already staked their claim including Philip Plein, who recently brought a 1.4 million dollar plot in the virtual world. Earlier, last year, Canadian company Token.com announced the acquisition of a 116 parcel estate in the Fashion Street district within Decentraland via its subsidiary, Metaverse Group. At the time Decentraland declared this to be the largest metaverse land acquisition to date. Many global high fashion brands are entering the metaverse. For instance, Gucci and Ralph Lauren already have virtual pop-up shops on Roblox and Zepeto while brands such as Balmain and Adidas have launched their own NFT collections.

The post Skechers to Open Virtual Showroom in Decentraland appeared first on Cryptoknowmics-Crypto News and Media Platform.

As previously promised, customers of AMC Theatres, a subsidiary of AMC Entertainment, will now be able to pay with meme coins Dogecoin (DOGE) and Shiba Inu (SHIB)- thanks to a partnership with BitPay, a crypto payment company. The CEO of the world’s most prominent movie exhibition company made the announcement on Twitter today, saying the company is making the move in response to the ‘clear enthusiasm and interest’ shown by customers. Since their inception, communities of both meme coins have been working hard to encourage businesses to accept the tokens as a form of payment. Adopting Dogecoin and Shiba Inu as Crypto Payments A widely acknowledged reality is that the use of cryptocurrencies and blockchain technology in daily life is increasing day by day, and those who refuse to make the transition are falling more and further behind. Following months of promising the new payment option, the firm revealed last year that it had finally implemented cryptocurrency payments for movie tickets. At the time, it only accepted Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), Litecoin (LTC), and Litecoin Cash (LTC), with the promise that DOGE would follow shortly after. A Twitter poll was also created by the company’s CEO, Aaron Adams, to determine if Shiba Inu (SHIB), another famous meme cryptocurrency that just surpassed Dogecoin in terms of market valuation, should be added to the list of supported cryptocurrencies. According to the results of the poll, the majority of the votes were in support of the movie theater chain embracing SHIB. AMC Theatres is not the only US movie theater chain accepting Dogecoin, Shiba Inu, and other cryptocurrencies for payment of movie tickets. Last year, Regal Cinemas, an American movie theater chain based in Knoxville, Tennessee, announced a partnership with Flexa, a digital payments company, to enable customers to pay for tickets and concessions using digital currencies such as Bitcoin, Dogecoin, Ethereum, and Litecoin.

The post AMC Theatres Now Accepting Dogecoin And Shiba Inu For Online Payments appeared first on Cryptoknowmics-Crypto News and Media Platform.

XRP was created as the native token of fintech company Ripple to reduce the cost of transactions in cryptocurrencies and to act as an alternative mode of payment to the universal Society for Worldwide Interbank Financial Telecommunication (SWIFT). It ensures that transactions are completed within 3-5 seconds through its adoption of validators that are made up of Ripple, financial institutions, and universities. The cost of transactions on the Ripple platform using XRP is lower when compared to fees paid in doing transactions on Bitcoin and Ethereum platforms. What is XRP? XRP is the cryptocurrency token that is used on Ripple’s products such as Ripplenet and XRapid. It is open-source and runs on the XRP ledger. XRP is the only cryptocurrency that can be used in carrying out transactions on the XRP ledger, while any other cryptocurrencies can be used on Ripplenet’s platform. Transactions on the XRP ledger (XRPL) are almost instant and cost fractions of the U.S dollar. XRP was launched The XRP ledger is a decentralized public blockchain that is owned by the global developer community. Let’s see the XRP price prediction for the coming years. Price Analysis of XRP token? Flashback: Fundamental Analysis of XRP The recent ban imposed on Russia by the U.S and the European allies that would remove it from operating with SWIFT has increased the price of XRP by over 10% in less than 72 hours since XRP enables users to carry out cross border remittance within seconds through its XRapid product and Ripplenet platforms. Also, Ripple entered into a partnership with Modulr Technology, a leading payment platform in the U.K and Europe. This will help in ensuring seamless transactions to their customers with the XRP token. One of its subsidiaries, Trust Payments is a major beneficiary of the deal. In another partnership news, XRP parent company Ripple, partners with the Digital Euro Association (DEA) to ensure sharing of knowledge in their plan to launch Central Bank Digital Currency (CBDC) by 2023. Furthermore, STASIS a leading provider of stablecoins has said that it would be launching its EUR stablecoin on the Ripple platform due to its low cost of transactions and speed of completion. The section below outlines the XRP price prediction for the next five years. XRP Price Prediction 2022 By the end of the first quarter of 2022, the price of XRP is expected to be at least $0.81. This price is expected to rise to about $0.9 in the second quarter and stay between $0.85 and $0.92 by the end of the second quarter. However, the price of XRP could drop to about $0.7 in the third quarter but is expected to be within a price range of $0.72 to $0.8 by the end of the third quarter. In the last quarter of 2022, the price could rise to $1 but it could end the year at a price of $0.95. XRP Price Prediction 2023 By the end of the first quarter of 2023, the price of XRP could reach $1.2. The price could plummet to $0.98 in the second quarter but is expected to stay in the range of $0.8 and $1.3 by the end of the second quarter. In the third quarter of 2023, the minimum value of XRP could be $1 while the maximum price could be $1.5. By the end of December 2023, XRP could trade at a minimum price of $1.4. XRP Price Prediction 2024 The price range of XRP in the first quarter of 2024 is between $1.35 to $1.6. By the end of the second quarter, it could at a price of $1.7. By the end of the third quarter and the fourth quarter, it could trade at a price of $1.8 and $2 respectively. XRP Price Prediction 2025 In the first quarter of 2025, XRP price could break its present all-time high price of $3.84. By the end of the second quarter, it could trade at a price of $4 at least. By the end of the third and fourth quarters, its price should be $4.2 and $5 respectively. XRP Price Prediction 2026 By the end of the first, second, third, and fourth quarter of 2026, the price of XRP should be $6, $6.5, $7, and $10 respectively. XRP Price Prediction: Market Sentiment XRP price prediction by well-known media platforms is explained in the sections below: Gov Capital According to Gov Capital, the price of XRP could reach $1.24 by February 2023 and $5.3 by February 2027. PricePredictions According to Price predictions, the price of XRP could reach $0.89 in 2022 and $2.75 by the end of 2025, and $16 by 2030. DigitalCoin According to DigitalCoin, the price of XRP could reach $0.98 by 2022, and $1.16 by 2023. By the end of 2025 and 2030, the price of XRP could reach $1.41 … Continued

The post XRP Price Prediction 2022-2026-Will XRP Price Hit $2 by the end of 2022? appeared first on Cryptoknowmics-Crypto News and Media Platform.

In a recent announcement made by its CEO, FTX, one of the top and fastest-growing cryptocurrency exchange companies in the world, announced a cryptocurrency payment partnership with Stripe, a technology company that is creating financial infrastructure for the internet and whose primary products are payment processing software and application programming interfaces (APIs) for e-commerce websites and mobile apps. In addition to handling cryptocurrency payments and processing funds for customers who deposit into their FTX account using Stripe, the cryptocurrency company hopes to provide a streamlined onboarding and identity verification procedure for new users looking to join its exchange. Tristan Yver, the Head of Strategy at FTX, said, “We want FTX to become a trusted mainstream brand. We’ve partnered with Stripe to help us transform what could be unintuitive crypto experiences into ones that exceed consumer expectations,”. Providing a More Convenient Payment Experience for Cryptocurrency Buyers For consumers who wish to acquire cryptocurrency using debit cards and bank transfers, FTX established a new payments arrangement with Stripe in a matter of days using the Stripe platform. The crypto exchange company intends to reduce fraud risk by using Stripe Radar, which uses machine learning models to monitor signals such as client data and billing information in order to identify fraudsters from legal consumers, among other things. A smooth onboarding and identity verification flow have also been developed by FTX with the help of Stripe Identity, which is a significant improvement over the prior identity verification procedure, which could take as long as a week. The news comes shortly after FTX’s announcement of its expansion into the European economy through its European subsidiary, FTX Europe, by partnering with Tomorrowland, one of the world’s major music festivals, to capitalize on Web3, blockchain technology, and cryptocurrency payments. Users in the European Economic Area will be able to access FTX’s innovative products, including industry-leading derivatives, options, and volatility products, tokenized stocks, and other services and products.

The post FTX Partners with Stripe for Payment Processing For Crypto appeared first on Cryptoknowmics-Crypto News and Media Platform.

 Investing in volatile assets such as cryptocurrencies can be tricky since it requires traders to gauge the market 24/7. However, tools like the stock-to-flow (S2F) model can be used to make investments rationally. Just like the traditional capital asset pricing model (CAPM), the S2F model can help anticipate the price of a cryptocurrency like Bitcoin. Let’s understand what is the stock-to-flow (S2F) model and analyze its accuracy for crypto price prediction in this article. Stock-to-flow ratio Explained The S2F ratio provides a number that indicates the number of years crypto will take to reach the current supply (at the current production rate). In general, with the highest number, the crypto asset will be more expensive too. An institutional investor called “Plan B” popularized the concept of the S2F ratio. The SF ratio has a long history of being connected with the price of Bitcoin (BTC), making it a popular approach for predicting future BTC price estimates. Bitcoin is the first and most well-known rare digital object globally, and its supply is limited, just like silver and gold, with only 21 million coins in circulation. The value of Bitcoin increases because of its scarcity, and the S2F takes advantage of this fact to predict Bitcoin’s future price. Bitcoin’s core technology ensures that the number of new coins issued decreases over time, increasing scarcity.  The miner who calculates the hash required to validate a block of transactions, creating a proof-of-work, receives a “block reward,” which is halved after every 210,000 blocks called Bitcoin Halving. The block reward has decreased from 50 BTC in 2009 to 6.25 BTC in 2020. In 2012, it was 25 BTC and 12.5 BTC in 2016, and in the spring of 2024, the next halving will occur. Due to this halving event, BTC’s price rises. The justification can be found in economics- when supply is reduced, scarcity increases, and price hikes too. The scarcity can further be used to forecast future prices or the best time to invest in BTC. The significant amount of scarcity can be evidenced by a higher ratio. Cryptocurrency is similar to precious metals like gold and silver since it cannot be converted into components and is rare. The value generated by the S2F is a relative value that makes it easy to calculate the ratio. The stock-to-flow ratio compares a commodity’s current stock (the total amount available) to new production flow (amount mined during a specific year). Therefore, S2F= Stock/Flow. Let’s understand how to compute the S2F ratio: The stock of Bitcoin was 18,847,331 BTC in October 2021, which is 89.74% of the total supply. The number that represents the stock is subject to change as new blocks are mined every 10 minutes. The flow of BTC at the same time was 328,500. When these numbers are imputed into the stock/flow formula (18,847,331/328,500), the result is an S2F ratio of 57.374. As a result, mining the entire BTC supply would take about 57 years without considering the maximum supply and halving events. Additionally, Bitcoin halving events raise the S2F ratio by increasing scarcity, which causes the price of Bitcoin to rise. For investors to understand why Bitcoin is categorized as a currency rather than a commodity, this is the most significant statistic. Limitations of the stock-to-flow ratio The model ignores the demand of a cryptocurrency while computing the ratio and considering only supply. However, both demand and supply factors are equally essential to determining asset price. Hence, if demand falls for BTC, the price will decline too; it doesn’t matter if the halving event leads to BTC price rise. Volatile price swings influence the cryptocurrency market, and in periods of high volatility, an investor may sell their holdings. This reaction may lead to the price decline due to the liquidation of the long positions. The S2F ratio ignores the volatility factor too. Another hypothetical situation like a black swan event may prohibit investors from trading cryptocurrencies, leading to a decline in the price of digital assets under consideration. The S2F ratio does not take this factor into account while predicting the future price of BTC. How to trade using the stock-to-flow ratio? Learning how to use the stock-to-flow approach in cryptocurrency trading could be advantageous despite these shortcomings. According to the model’s history, when a cryptocurrency’s stock-to-flow ratio rises, so does its value. This connection can assist you in making investment decisions. A high stock-to-flow ratio, such as 60 or above, indicates that relative scarcity is high, meaning that prices will rise as well. However, when investors see this ratio, they may decide to sell some of their Bitcoin to profit from the current high price. They may also buy more if the ratio is low but predicted to rise in the future. Understanding how to leverage the stock-to-flow ratio in crypto can … Continued

The post Is Bitcoin Stock-to-Flow Accurate for Price Predictions? appeared first on Cryptoknowmics-Crypto News and Media Platform.

His Majesty Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the United Arab Emirates and Ruler of Dubai, has signed the world’s first law on virtual assets regulation. The regulation was enacted with the goal of making Dubai a prominent actor in shaping the future of virtual assets while also encouraging responsible economic growth. Sheikh Mohammed confirmed that Dubai will play a significant role in shaping the worldwide future of virtual assets: “Today, we are engaged in shaping the global future of virtual assets.” Sheikh Mohammed emphasized that Dubai possesses all of the qualities that make it one of the most important worldwide centres for virtual assets, particularly the advanced regulatory environment. اعتمدنا اليوم في دبي أول قانون من نوعه لتنظيم الأصول الافتراضية Virtual Assets .. وأسسنا سلطة مستقلة للإشراف على تطوير أفضل بيئة أعمال في العالم للأصول الافتراضية تنظيماً وترخيصاً وحوكمةً واتساقاً مع الأنظمة المالية المحلية والعالمية .. pic.twitter.com/tqYEJdeuwh — HH Sheikh Mohammed (@HHShkMohd) March 9, 2022 “In terms of organization, governance, and security,” he continued, “Dubai will deliver the most advanced virtual asset ecosystem.” “Approving the virtual asset law and establishing the Dubai Virtual Asset Regulatory Authority is a vital step that establishes the UAE’s position in this sector… a step that aims to help the sector to grow and protect investors.” Dubai Virtual Assets Regulatory Authority (VARA) The Dubai Virtual Assets Regulatory Authority, a Dubai World Trade Centre affiliate, will be in charge of overseeing and monitoring regulations and disclosures. The Authority will oversee and regulate the emirate’s future growth of virtual assets. It would also grant virtual asset service providers licenses and safeguard beneficiaries’ personal information. Activities subject to VARA authorization are: Operating and managing virtual assets platforms services; Exchange services between virtual assets and currencies, whether national or foreign; Exchange services between one or more forms of virtual assets; Virtual asset transfer services; Virtual asset custody and management services; Services related to the virtual asset portfolio; Services related to the offering and trading of virtual tokens. The authority is also tasked with organizing and establishing the rules and controls that govern the conduct of virtual asset activities, according to the law. This covers management, clearing, and settlement services, as well as the classification and specification of virtual asset types. To conduct business, anyone intending to engage in any of the virtual asset operations must first establish a presence in Dubai. With the exception of the Dubai International Financial Centre, the law’s provisions apply across the emirate, including special development zones and free zones. Violation of this law could result in: The penalty of a fine; Suspension of the permit for a period not exceeding six months; Cancellation of the permit; and Cancellation of the commercial license. The new law and the establishment of the Authority, according to Helal Saeed Al Marri, Director General of the DWTCA, will strengthen the UAE and Dubai’s position in the virtual asset sector and attract leaders from all over the world. The Dubai Virtual Asset Regulatory Authority, according to Al-Marri, would provide a comprehensive spectrum of VA services in collaboration with the UAE Central Bank and the Securities and Commodities Authority.

The post Sheikh Mohammed Approves Law to Regulate Virtual Assets appeared first on Cryptoknowmics-Crypto News and Media Platform.

2009 marked the beginning of an unprecedented bull market for both Bitcoin and the U.S. stock market, which has continued almost unabated since. However, there are constant rumblings of a crash, and the noise has lately increased. Not only due to stocks, a new COVID version and increased interest rates are driving firms to pay more to borrow money. This has prompted a decline in global markets. Cryptocurrency markets have been affected by this, along with worries of increased regulation. How likely is it for the stock market to crash? Taking cryptocurrency out of the equation, the mounting conjecture that a collapse is inevitable is based on sound reasoning. In the United States, the inflation rate was much higher than projected in June. There is currently a debate on lifting the debt limit due to the government’s ongoing issuance of bonds and accumulation of debt. Of course, the continuing pandemic relief effort justifies this. Government stimulus programs are being implemented, although other indicators, like the price of U.S. stocks, show that the money being spent is not necessary. The real estate market in the United States is also booming, and the Federal Reserve has previously voiced worry that investors are growing more irresponsible, citing the interest in-joke stocks and cryptocurrencies as examples. Speculation that a collapse is imminent due to all this money flowing into the economy is well-founded. Crypto value shall rise – a myth or reality? The debate over cryptocurrency value rise is expected to continue for some time to come. Stablecoin regulation has been of particular interest to U.S. authorities. Stocks continue to rise even though COVID-19 refuses to go away, supported by an unprecedented level of government backing. Now that quantitative easing programs have been discontinued, there is a slight fear of a stock market meltdown. Is it possible that crypto might suffer if the stock market collapses? If this is the case, bad news for Bitcoin (BTC) could be in store: There are indications that Bitcoin and stock prices have a significant association. Which cryptos to consider for a volatile-proof future? Looking for the most significant cryptocurrency investment in 2022 but unable to discern the excellent from the poor and ugly? This article examines eight top-rated volatile-proof crypto projects to keep a watch out for. The Best Cryptocurrencies to Invest in are – 1. Lucky Block Lucky Block is a new and intriguing cryptocurrency enterprise introducing blockchain technology to the multi-billion dollar lottery industry. It makes Lucky Block lotteries accessible to players all around the globe securely and transparently. 2. Dogecoin One of the most affordable cryptocurrencies in 2022 is Dogecoin, which now trades for less than $0.20 per unit. 3. The Graph “Indexing” is the specialty of the Graph project, which promotes the use of bitcoin and blockchain technologies. 4. Ethereum ETH is a well-known cryptocurrency that has established itself as the world’s de-facto platform for smart contracts. With a market value of $2 billion, the project has risen to a record high of nearly $4,000 per token. Conclusion Rather than complaining about the inherent volatility of cryptocurrencies, we should prepare for it. Cryptocurrencies tend to dip from time to time, but it’s normal.

The post Will the Value of Crypto Rise if the Stock Market Crashes? appeared first on Cryptoknowmics-Crypto News and Media Platform.