Author: CryptoHoppers
QuickNode, a leading provider of blockchain infrastructure, has introduced a game-changing solution called Functions. This new offering promises to transform how developers build and deploy blockchain applications, making the process more streamlined and cost-effective than ever before. Understanding QuickNode Functions At its core, QuickNode Functions is a serverless computing platform specifically designed for Web3 applications. It allows developers to deploy lightweight, scalable code without the need to manage complex infrastructure. This innovative approach brings the benefits of serverless architecture to the blockchain space, enabling developers to focus on writing code rather than worrying about server management and scaling issues. Functions:…
Santiago Peña, the President of Paraguay, recently dismissed the complaints that bitcoin mining farm operators have voiced against the power fee hikes that ANDE has enacted for these activities. Peña stated that these price increases don’t need to be consulted with the operators and that more companies in the industry are waiting to enter the […] Source link
Analysts have commented on the U.S. dollar trend following President Joe Biden’s decision not to seek re-election, noting a slight decline in the dollar against a basket of currencies. Bank of America’s head of global foreign exchange research mentioned: “There is a growing consensus that the dollar will be stronger if Trump wins due to […] Source link
Ava Labs introduces Avalanche ICTT, or Avalanche interchain token transfer, an efficient and harnessed service for builders to set up contracts for token transfers on Avalanche. This advancement simplifies the conventional complications and high-cost procedures associated with developing and auditing smart contracts that are intended to facilitate the transfer of tokens between layer 1 blockchains. Avalanche ICCT facilitates the uninterrupted bridging of tokens, such as USDC and BTC, among multiple L1s on Avalanche through pre-built, permissionless, and extensively audited smart contracts. This allows for faster transactions while also maintaining safety and quality standards throughout all cross-chain transactions. In the ever-shifting…
Key Takeaways Ethereum spot ETFs will begin trading on July 23, 2024, following SEC approval. Major financial institutions like Grayscale and Fidelity are set to launch these ETFs. Share this article The US Securities and Exchange Commission (SEC) has given the green light for the launch of multiple Ethereum spot exchange-traded funds (ETFs), with trading slated to begin on July 23, 2024. It’s official: Spot Eth ETFs have been made effective by the SEC. The 424(b) forms are rolling in now, the last step = all systems go for tomorrow’s 930am launch. Game on. pic.twitter.com/9MaBDBA8co — Eric Balchunas (@EricBalchunas) July…
On July 17, KnownOrigin.io announced a significant decision to wind down its on-chain marketplaces and minter. This move signals growing uncertainty in the NFT market, raising questions about the sustainability of these platforms as the industry faces mounting challenges. Over the coming weeks, KnownOrigin will direct users to secondary marketplaces, marking a pivotal shift for the platform. https://x.com/KnownOrigin_io/status/1813576642058698830 The Implications of Shutting Down On-Chain Operations KnownOrigin’s decision to cease on-chain operations is a blow to the NFT community, which has relied on the platform for innovative and creative CryptoArt experiences. This unexpected development highlights deeper issues within the NFT marketplace…
India supports the idea of an independent BRICS payments system but stresses the importance of a cautious and systematic approach. According to Ash Narain Roy, Director of India’s Institute of Social Sciences, thorough discussions among all parties are essential before making any decisions. He noted that many BRICS members share this cautious perspective. India Supports […] Source link
XRP price started a fresh increase from the $0.540 zone. The price is now rising and eyeing an upside break above the $0.600 resistance zone. XRP price started a fresh increase above the $0.580 zone. The price is now trading above $0.580 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with support at $0.5880 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could extend gain bullish momentum if it clears the $0.60 resistance zone. XRP Price Eyes More Upsides XRP price remained stable above the $0.540 level and started…
Dogwifhat, Helium, Core, and Pepe have emerged as the top gainers in the crypto market over the past week. Each token experienced a price surge exceeding 40%. Dogwifhat Dogwifhat (WIF) is up over 50% for the past seven days, exchanging hands at $2.56 at the time of writing. The crypto assets had a daily trading volume of $311 million, while its market cap had surpassed the 2.55 billion mark per data from CoinMarketCap WIF price chart | Source: CoinMarketCap Despite lacking any clear utility, WIF — the dog-themed meme coin based on Solana — has become one of 2024’s top-performing…
Cboe, the Chicago Board Options Exchange, is preparing to list five new ether exchange-traded funds (ETFs) on Tuesday, pending regulatory effectiveness. These five spot ethereum ETFs are from 21shares, Fidelity, Franklin, Invesco Galaxy, and Vaneck. The U.S. Securities and Exchange Commission (SEC) approved Form 19b-4 filings for eight spot ether ETFs in May and has […] Source link