Author: CryptoHoppers

The cryptocurrency market continues to bleed, with the total market cap now hovering around $2.89 trillion. Zcash (ZEC), one of the privacy tokens daring to defy the fearful market sentiment, has experienced a steady, choppy price action as market forces struggle to establish control. Interestingly, a prominent market analyst with the X username PlanD has discovered significant bearish potential on the horizon. Related Reading: Why is Zcash Surging? Analysts Break Down the ZEC Rally and What Comes Next Zcash To Fall To $281 – Is The Party Over?  Despite its performance amid the general crypto market correction, Zcash struggles to…

TLDR: Cardano partition stemmed from a malformed transaction that split node versions during routine operations. Older node versions kept the chain active while newer versions struggled and caused temporary front-end issues. Hoskinson linked the incident to a targeted attack tied to activity in the Fake Fred Discord group. CryptoRus stated the chain stayed operational, framing the event as a fork caused by a node software bug. The Cardano network faced an unexpected mainnet partition that triggered widespread concern across the ecosystem. The issue surfaced after a malformed delegation transaction caused newer node versions to desynchronize.  Older versions continued running, which…

Key Takeaways Robert Kiyosaki sold over $2 million in Bitcoin to invest in surgery centers and a billboard business. Kiyosaki remains bullish on Bitcoin and plans to repurchase with his increased cash flow. Share this article “Rich Dad Poor Dad” author Robert Kiyosaki cashed out over $2 million in Bitcoin to put money into surgery centers and a billboard business.In a recent statement on X, Kiyosaki said he sold approximately 25 Bitcoin at $90,000 each, which he originally purchased at $6,000 per coin years ago. The entrepreneur plans to use the proceeds to acquire two surgery centers and invest in…

TLDR: Senate committee advances Selig as CFTC and crypto debate accelerates across trading circles. Market demand for onchain derivatives increases pressure on CFTC rulemaking choices. Posts from Pedersen and Chervinsky frame the vote as a key policy inflection point. Retail access concerns sharpen industry focus on upcoming Senate floor action. The Senate Agriculture Committee advanced Mike Selig’s nomination for CFTC Chair on a tight 12–11 vote. No Democrats supported the move, according to reporter Brendan Pedersen.  The nomination now heads to the Senate floor for a broader decision. The shift comes as the debate over CFTC and crypto gains new…

Coinbase Global Inc., the largest cryptocurrency exchange in the U.S., has just made a bold move: the acquisition of Vector, a decentralized trading platform built on Solana. Summary ECB warns of financial instability: Alvaro Santos Pereira highlights risks from a potential market correction. Pereira stresses the need for central banks to preserve flexibility, keeping room for rate cuts if another shock hits the economy. After the week’s crypto downturn, the outlook remains uncertain, though markets steadied after hints of potential rate cuts. Fortune first broke the news. According to a blog post from Coinbase, the deal is all about turbocharging…

Key Takeaways ANPA will invest up to $50 million in EDU tokens over the next 24 months in partnership with Open Campus and Animoca Brands. The collaboration aims to foster institutional blockchain adoption in education finance and expand the real-world utility of the EDU token. Share this article Rich Sparkle Holdings Limited (NASDAQ: ANPA) announced on Friday that it will purchase up to $50 million in EDU tokens under a newly established agreement with Open Campus and Animoca Brands.The acquisition, ANPA’s first major venture into crypto, will take place over the next 24 months through a combination of open-market and…

TLDR: Six major Japanese asset managers are planning crypto-asset investment trusts. The FSA appears ready to approve these crypto-incorporating funds. SBI’s team may create a trust with Bitcoin, Ethereum, or a crypto basket. These trusts could bring crypto access to both retail and institutional investors. Japan’s financial landscape may be on the cusp of a major crypto shift. Six of the country’s largest asset managers are reportedly exploring the launch of the first Japanese investment trusts that include crypto assets.  The initiative comes as the Financial Services Agency (FSA) appears poised to greenlight virtual-currency investment trusts. Institutional and retail investors…

Billionaire investor and Bridgewater Associates founder Ray Dalio told CNBC’s Squawk Box on Thursday that his crypto exposure sits at “a small percentage” and that it’s been that way for years. “I’ve had it forever, like 1% of my portfolios,” Ray told the anchors during the morning broadcast. He made the remarks as Bitcoin traded under $88,000, continuing a week-long slump that’s rattled some leveraged longs. According to CNBC, Ray made it clear that Bitcoin isn’t ready to compete as a reserve asset. He warned that it still faces serious long-term problems. When asked whether it could eventually rival gold…

TLDR:  Banks can now hold crypto for gas fees under OCC guidance, granting institutions direct on-chain operational access. Interpretive Letter 1186 allows native tokens for testing authorized blockchain systems in controlled environments. Paul Barron noted banks no longer need intermediaries for gas fees, improving operational efficiency. The OCC outlined limits requiring safe practices and legal compliance for all approved crypto activities. The Office of the Comptroller of the Currency confirmed a new policy that allows US banks to hold crypto for paying blockchain gas fees. The move outlines when banks can use assets like Bitcoin or Ethereum for network charges…

Key Takeaways Nvidia’s $57B quarter beat estimates, but its stock dropped nearly 2% Thursday, fully retracing a 6% post-earnings rally The reversal hit broader markets, with Tesla, Google, and Bitcoin all erasing gains, raising concerns over the strength of the AI trade Share this article Nvidia erased all of its post-earnings gains Thursday, falling nearly 2% despite reporting a blowout quarter the day before. The stock had surged more than 6% in after-hours trading Wednesday after the company beat expectations with $57 billion in revenue, up 62% year-over-year, driven by soaring demand for its AI data center chips.Sales from that…