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Cryptocurrencies have been gaining popularity in recent years. With Bitcoin (BTC-USD) and Ethereum (ETH-USD) hitting new highs, investors are increasingly interested in identifying the best cryptos to buy. The sentiment sharply contrasts with 2022, when the crypto market experienced a steep decline. However, it now looks like crypto winter might soon be over.

Notably, the New York-based investment bank H.C. Wainwright has bestowed a buy rating on Coinbase (NASDAQ:COIN), the largest cryptocurrency exchange in the U.S. The rating comes despite the recent high degree of regulations imposed on the industry.

According to the bank, the company is in a great position to gain from the explosive growth of the worldwide digital asset economy as the slump period known as the crypto winter concludes.

The investment banks view is shared by other key players in the industry, as evidenced by a report from Standard Chartered analyst Geoff Kendrick on Monday.

According to Kendrick, the recent failures of mid-sized financial institutions in the U.S., such as Silicon Valley Bank (OTCMKTS:SIVBQ), are helping to make the case for Bitcoin.

In addition, he refers to the stabilization of risk assets and rumors of further monetary easing by the Federal Reserve, potentially paving the way for Bitcoin to reach the $100,000 mark.

However, cryptocurrencies are daunting, especially for those new to the space. Despite the recent positive momentum, not everyone is comfortable with trading cryptos. With so many digital assets, knowing which ones to buy cannot be easy.

That is where this list comes in handy.

And once you are done with this list, please check out these two articles. They offer more advice from my side for those looking to navigate the tricky waters of crypto. Once you finish those, check out this more expansive list from my colleague Josh.

Happy investing!

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Charles Hoskinson, a co-founder of Ethereum, established Cardano (ADA-USD) as a proof-of-stake blockchain in 2017. The blockchain prioritizes energy efficiency and is a developer-friendly ecosystem for decentralized applications (dapps).

Cardanos Ouroboros proof-of-stake algorithm gives more mining power based on coin ownership. POS is a less risky alternative to proof-of-work. Cardano aims to improve upon Bitcoin and Ethereum, addressing issues like POW.

Regarded as one of the most sophisticated blockchains, Cardano can handle up to a million transactions per second due to its speed and technological advancements.

Cardano can be understood by breaking it down into layers. Transactions have two components: sending tokens and the conditions. The settlement layer allows sending and receiving ADA coins. The computation layer enables creating and entering smart contracts.

Due to energy efficiency, Cardanos smaller footprint is appealing to investors for faster and cheaper transactions. In 2021, a hard fork enabled smart contract deployment, and a Vasil hard fork in September 2022 aims to improve scalability.

AdaSwap, a Cardano platform for decentralized finance apps, recently launched a test version. AdaSwap could enhance Cardanos Web3 network status and increase its coin value.

According to CoinDesk data, ADA, the native token for Cardano, is up almost 66% this year. As crypto winter fades into the background, the time to take advantage is now.

Source: Zeedign.com / Shutterstock.com

Polkadot (DOT-USD) is a blockchain interoperability protocol. It connects different chains, exchanges data, and processes transactions for parachains securely. Polkadots security also enables developers to create their blockchains.

Ethereums core founder Gavin Wood created Polkadot with a constantly circulating token supply. Polkadot is a rising cryptocurrency, threatening high-ranking coins like Ethereum and gaining popularity. Despite this, Bitcoin remains at the top of the list.

Polkadots native token operates on its blockchain, storing data like a permanent, uneditable record. The blockchain ensures transparency and decentralization, making it more secure than a single bank or entitys control.

Polkadot is seen as a progression for blockchain technology, with scalability and growth potential.

Developers released a roadmap for scalability, parachain development, cross-chain communication, and more, boosting growth and value.

Polkadots interactivity attracts investors with the ability to link and create blockchains. Developers interest catches investors attention.

Bitcoin and Ethereums value requires buying fractions of coins, while Polkadot at under $6 is more affordable and enticing.

Source: Stanslavs / Shutterstock.com

Chainlink (LINK-USD) is a decentralized oracle network that provides input on external data sources. Smart contracts help it respond to input, which Bitcoin and older blockchains struggle with.

Chainlink launched on Ethereum but is blockchain agnostic, able to work with other blockchains. Its role in the real-world implementation of blockchain tech is significant.

The blockchain is secure for transactions but cant take input from off-chain sources. Decentralized oracles, like Chainlink, can provide smart contract input from off-chain data like fiat currencies, weather, and sports scores.

Smart contracts respond to input. Bitcoin processes a limited range of input, while Ethereum supports programmable smart contracts.

Similar to Bitcoin and Ethereum, Chainlinks native token LINK is utilized to fund project growth and serves as an incentive for users to participate in mining.

The LINK token was introduced in 2017 and remained below $1 until 2019. Subsequently, the price increased from under $2 in 2020 to $36 in February 2021. Nevertheless, the value of LINK has since declined from its peak and has yet to recover to that level.

On the bright side, the recent price momentum is solid. The LINK token has been up almost 30% since the start of the year. Despite the increase, the token still trades at an affordable price point for you to jump on.

On the publication date, Faizan Farooque did not hold (directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.

Faizan Farooque is a contributing author for InvestorPlace.com and numerous other financial sites. Faizan has several years of experience in analyzing the stock market and was a former data journalist at S&P Global Market Intelligence. His passion is to help the average investor make more informed decisions regarding their portfolio.

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3 Best Cryptos to Buy Now as Bitcoin and Ethereum Hit New Highs - InvestorPlace

Arman Shirinyan

Arbitrum clearly here to stay as L2 network beats L1 version

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Arbitrum (ARB), a Layer 2 scaling solution for Ethereum, has recently experienced solid 12% growth in its market value, consolidating its position among the leading projects in the blockchain industry. This impressive performance has been accompanied by increasing user adoption and growing total value locked (TVL) within the platform's decentralized finance (DeFi) ecosystem.

One of the significant drivers of Arbitrum's success has been its ability to sustain its price level following the airdrop event, which often sees a short-term price spike followed by a subsequent decline. This resilience indicates a strong fundamental foundation for the project and showcases growing interest from investors and users alike.

The fundamental growth of the Arbitrum network has been characterized by a steady increase in TVL, with more and more DeFi solutions choosing to build on the platform. This trend highlights the platform's ability to provide efficient, secure and scalable solutions for DeFi projects, making it an increasingly attractive option for developers and users.

As Arbitrum continues to gain traction in the market, it introduces novel solutions for decentralized finances that contribute to the overall growth and stability of the ecosystem. These innovations are expected to drive further adoption, as they offer unique opportunities for users to maximize their returns and engage with the DeFi space in new and exciting ways.

XRPhas been showing a series of interesting trading patterns that suggest three possible continuation scenarios in the near future. These scenarios are essential for investors and traders to understand, as they could potentially impact the future trajectory of XRP's price.

The first scenario revolves around XRP's potential breakout through its 21-day moving average. If XRP successfully breaks out above this level, it could potentially trigger a short-term rally. This bullish outcome would be a positive sign for XRP investors and traders, as it could indicate renewed buying interest and upward momentum on the market.

The second scenario involves a slow trend retrace, considering the descending volume profile of XRP. This outcome would likely see XRP's price gradually declining over time as trading volume diminishes. This type of price action is typically observed when the market experiences a period of consolidation or indecision.

The third scenario is the convergence of moving averages, which could lead to a spike in volatility for XRP's price. When moving averages converge, it is often an indication that the market is preparing for significant price movement. This scenario could result in either a sharp upward surge or a sudden downward plunge for XRP's price, depending on various market factors.

Uniswap's native token, UNI, recently experienced an 8.2% price recovery, which could signal a resurgence in the decentralized finance (DeFi) ecosystem. As the leading decentralized exchange (DEX) on the market, Uniswap's growth often coincides with the overall expansion of the DeFi space, making its recent price rebound a significant indicator for the entire sector.

Uniswap has maintained its position as the market leader among DEXes, facilitating billions of dollars in trading volume and serving as a key platform for DeFi projects and users. The recent uptick in UNI's price suggests growing confidence in Uniswap and the broader DeFi market, as investors look for opportunities to capitalize on this burgeoning sector.

Historically, Uniswap's growth has been closely tied to bull markets in the cryptocurrency industry. When the market is thriving, investors often turn to DeFi solutions like Uniswap to generate returns and access innovative financial products. This correlation between Uniswap's success and broader market trends reinforces the significance of UNI's recent price recovery, as it could indicate a positive shift in overall market sentiment.

As UNI's price continues to recover, it is likely that more users will be attracted to the DeFi space, driving further growth in the ecosystem. This, in turn, could lead to a renaissance in DeFi, as more investors seek to benefit from the unique opportunities provided by decentralized financial products and services.

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Arbitrum (ARB) Unexpectedly Beats Ethereum, Price Reacts - U.Today

Dubai has become a hub for crypto-related businesses, and Bybit is the latest to confirm its global headquarters in this crypto-friendly city. Bybit obtained in-principal approval from the Virtual Assets Regulatory Authority (VARA) to operate in Dubai last March, and it has now debuted its new home. In other news, Bitcoin has regained the local peak of $30k after briefly touching the $29k level; the Ethereum network is on an upswing after its Shanghai upgrade. Meanwhile, Signuptoken.com is a promising new crypto that has grabbed crypto enthusiasts attention with its innovative prelaunch strategy.

Bitcoin prices have been on an upswing due to a variety of factors. The premier crypto was the digital asset of investors choice during Marchs crypto bull run. The crypto saw investors piling in after a run on US banks, including the Silicon Valley Bank and Signature Bank. The March bull run saw BTC vaulting into the safe asset class as investors in the US pulled money out of the traditional financial system and parked their dollars in BTC.

Since March, BTC price has been on the up and, from last week, was holding above the $30K level. But, BTC price briefly went below $30K but has since rebounded as funds keep flowing into the network. BTC prices are expected to increase as banks show no signs of recovery, and central banks worldwide are slowing down on interest rate hikes.

The Ethereum network saw its most significant update with the Shanghai upgrade on April 12th. The network has since allowed investors to withdraw staked ETH from the network. The withdrawal of ETH tokens was expected to induce selling pressure on the network, but the token has beaten expectations by hitting the 11-month high of $2135 this week. The value of ETH withdrawn amounts to more than $1 billion, but reports have confirmed that staked ETH levels are higher than that of withdrawn tokens.

The Shanghai upgrade will make the network faster and more power efficient, and transaction costs are expected to come down. After a brief period of short-term volatility, prices are expected to climb as the network notches up its efficiency.

SignUptoken.com is a new crypto project with a new approach to the crypto prelaunch. The project has implemented a no-presale strategy, meaning there are no prepaid payments before its launch. Investors can join the project by registering with their email addresses on SignUptoken.com. The project has set a target of 1 million sign-ups before it launches on Uniswap.

Users will get an email from the platform about its launch date and get priority access to the token as it launches. The project is unique because investors can join the ecosystem free of charge. Beyond the free entry, the project can also make its holders millionaires with its strong community-focused project.

SignUptoken.com now allows users to refer their friends, and they will be rewarded with priority access to the token. The project aims to build a comprehensive ecosystem for DApps and DeFi projects.

Bybits move to Dubai is a significant development for the crypto industry in the UAE and the MENA region. It is a testament to the governments efforts to promote blockchain and crypto-related businesses and attract foreign investment. Signuptoken.com is a promising new project that has the potential to become the next big thing in the UAE crypto scene. Bitcoin and Ethereum will be favourites as the crypto scene in the UAE heats up. But Signuptoken.com has what it takes to triumph in this market with its strong fundamentals.

With the potential for high rewards and a unique approach to crypto, Signuptoken.com could be the next big thing in the crypto industry. Dont miss out on this opportunity; sign up on SignUptoken.com.

Website: https://www.signuptoken.com

Twitter: https://twitter.com/_SignUpToken_

Telegram: https://t.me/SignUpToken

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Can Bitcoin, Ethereum And SignUptoken.com Benefit From The ... - NewsWatch

Ethereum(ETH-USD) is one of the best-known cryptocurrencies out there. The worlds second-largest token, this project provides the infrastructure and plumbing for a significant portion of the decentralized finance (DeFi) ecosystem. Indeed, via pioneering smart contracts within blockchain technology, Ethereum has ushered in a whole new world of utility-creating applications in the blockchain space.

A recent so-calledShapella upgrade(which is actually a combination of two upgrades, Shanghai and Capella) could provide even more utility to the Ethereum network.

How?

Well, the Shanghai upgrade allows for staked Ethereum to be withdrawn from Ethereums beacon chain. Accordingly, for those staking on the Ethereum network (via last years Merge upgrade), investors will now have the ability to withdraw their Ether from the network. This could create a more robust demand for staking over time.

The Capella upgrade will provide improvements to Ethereums consensus mechanism and further improve the network overall.

Lets dive into what this all means.

The implementation of the Shapella hard fork, also referred to as the Shanghai upgrade, took place on April 12. As mentioned, this upgrade significantly reduced the risks of staking Ethereum by permitting the withdrawal of locked coins whenever desired. The significant milestone has stimulated institutional interest in Ethereum, the second-largest cryptocurrency by market capitalization.

The recent increase in open interest and rise in the price of Ether indicates a surge of new investments in the market, further confirming the cryptocurrencys upward trend. According to CoinDesk data, Ethers price has increased by 8% after implementing the Shapella hard fork. Additionally, the spread between futures and spot market prices, known as the basis of the end, has increased, doubling the three-month premium to over 4%. The widening base and the rise in open interest suggest investors have taken a bullish approach to cryptocurrency.

While investor optimism appears to have dwindled of late (as it did with the Merge), its clear this upgrade is a big deal for the community over the long-term.

The Shapella upgrade is a combination of changes to the Shanghai Ethereum Virtual Machine and the Capella consensus layer, as well as modifications to the Engine API that links these two layers. Following successful transitions in Sepolia and Goerli, client teams have planned to activate the Shapella upgrade on the mainnet.

The Shapella Upgrade, a hard fork, incorporates EIP-4895, which codifies the new unstaking policy into Ethereum. Since the release of the Beacon Chain in December 2020 (before being merged with the old PoW chain), validators have been able to stake ETH. Withdrawals on the Zhejiang testnet were enabled on 7 February 2023.

The primary concern was whether the upgrade would result in a buy the news or sell the news situation, even though the news was somewhat predictable. According to Glassnodes on-chain analysis, a maximum of 170K ETH may be sold, but this is the highest possible estimate.

The recent upgrade allows validators to withdraw their staking rewards partially or fully. Validators can remove all of their staked ETH or just the accumulated dividends. However, most validators with a 32 ETH commitment are anticipated to continue to support the network by staking.

The Ethereum network has a pre-planned roadmap for its future, and the next major upgrade will be sharding. The upgrade is expected to be a significant turning point for the network, as it aims to reduce gas fees to a considerable extent.

Stabilizing gas fees on Ethereum is expected to impact the networks long-term growth positively. However, it is uncertain how the market will react to the news that ETH can now be withdrawn.

Following the implementation of the Shapella upgrade, Ethereums value has slightly increased. At the time of writing, ETH was trading at $1,920, up 2.9% for the day. Additionally, the asset is almost at its highest point in eight months, which it reached earlier this week.

If Bitcoin (BTC-USD) fails to break its resistance level of $30,000, Ethereums price may also decrease. The cryptocurrency market is expected to experience a correction soon after sustained gains in the past month.

On the date of publication, Chris MacDonald has a position in ETH. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

Chris MacDonalds love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective.

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Where Is Ethereum Headed Following Its Shapella Upgrade? - InvestorPlace

As the crypto world continues to evolve, companies and services in the crypto industry are constantly innovating to stay ahead. In recent news, Michael Saylor, a prominent Bitcoin bull and co-founder of MicroStrategy, a business intelligence software firm, has integrated the Bitcoin Lightning Network into his corporate email address. This move signifies MicroStrategys commitment to adopting Bitcoin (BTC) and its potential to revolutionise the financial industry.

Meanwhile, Ethereum (ETH) prices show signs of stabilisation after upward swings in prices after the network has allowed staking withdrawals. In this article, we will analyse the Bitcoin Lightning Network and the ongoing Ethereum bull run. We will also look at the impact of the growing popularity of cryptocurrencies on SignUptoken.com, a crypto project in prelaunch.

Microstrategy is a business intelligence firm that has recently become a major player in digital currency. The company has invested heavily in Bitcoin, with CEO Michael Saylor famously stating that he would continue to buy Bitcoin until the cows come home. Microstrategys recent integration of the Bitcoin Lightning Network into Saylors corporate email address demonstrates the companys continued commitment to digital currency.

The Bitcoin Lightning Network is a second-layer solution enabling faster and cheaper transactions. By integrating this technology into Saylors email address, Microstrategy has made it possible for anyone to send Bitcoin to Saylor with Lightning Network, enabling faster and cheaper transactions. The action by Microstrategy illustrates the appeal of BTC amongst institutional investors.

While Bitcoin has been grabbing headlines for its adoption by companies like MicroStrategy, Ethereum has also been making waves in the crypto industry with its Shanghai upgrade. Ethereum is known for its smart contract capabilities, which have enabled the development of decentralised applications (dApps) and decentralised finance (DeFi) protocols.

The Ethereum bull run was triggered after the network allowed staked ETH to be withdrawn after the Shanghai upgrade. The upgrade saw the network transition into a proof of stake (PoS) consensus mechanism.

ETH price has been driven by the growing adoption of DeFi and the excitement around staking. As the network operates as a PoS network, transaction cost and efficiency markers will see an improvement, thus pushing ETH prices upwards after the current period of market volatility passes.

Signuptoken.com is a new player in the crypto space. The project is currently in pre-launch and offers a break from tradition as the project does not have a presale. All it takes for investors to get in on the project is to sign up on SignUptoken.com with their email addresses. The network has set a target of 1 million sign-ups before launching on Uniswap. Once signed up, users will get an email about the networks launch date and get priority access to the token as it launches.

Signuptoken.com has plans for incorporating DeFi projects into its ecosystem. The projects major draw is how it is built around its community. By not having a presale, the network has ensured there is no large-scale buying from whales. The community-centred architecture also means that the coins prices are resilient to market volatility. By deriving its value from its community SignUptoken.com has the potential to mint a million millionaires with its coin.

As the interest in cryptos is climbing again and there is a push for adopting DeFi projects, SignUptoken.com is best positioned to capitalise on the upcoming bull run in the crypto industry.

In conclusion, integrating the Bitcoin Lightning Network into MicroStrategys corporate email address and the ongoing Ethereum bull run are significant developments in the crypto industry. MicroStrategys embrace of Bitcoin and its adoption of the Lightning Network highlight the growing interest in Bitcoins potential as a store of value and a means of everyday transactions. Meanwhile, Ethereums transition to PoS and the excitement around DeFi have fueled the Ethereum bull run.

The advent of SignUptoken.com at a time when the world is turning to DeFi solutions to power the financial system makes it a solid investment opportunity. The best thing about the token is that getting started on the network is absolutely free, and there is the potential that the project can make your dream of being a crypto millionaire come true. So waste no more time; head to SignUptoken.com and set yourselves up for a million bucks.

Interested In Registering Your Way Into Millions? Check out Signuptoken.com Today!

Website: https://www.signuptoken.com

Twitter: https://twitter.com/_SignUpToken_

Telegram: https://t.me/SignUpToken

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Ethereum, SignUptoken.com To Lead The DeFi Charge As ... - NewsWatch