Author: CryptoHoppers
Coachella Valley Music & Arts Festival is teaming up with OpenSea, the pioneering NFT marketplace, to introduce a series of innovative NFT collections known as Coachella Keepsakes. This collaboration is set to revolutionize the festival landscape by merging digital art with tangible, real-world benefits. Leveraging the power of the Avalanche blockchain, these collectibles offer festival-goers unprecedented access to VIP experiences, exclusive merchandise, and more. The partnership between Coachella and OpenSea marks a significant, swift pivot in the festival’s approach to integrating digital assets into its offerings. This comes as a notable evolution from Coachella’s previous collaboration with FTX, the cryptocurrency…
The surge in demand for Non-Fungible Tokens (NFTs), especially Bitcoin Ordinals has significantly impacted the NFT marketplace, with Magic Eden emerging as a leading platform. This increase in interest correlates with the upward trend in cryptocurrency prices, particularly Bitcoin, which is nearing its historical peak.Bitcoin Ordinals boosts NFT interestMagic Eden’s prominence can be attributed to its support for Bitcoin Ordinals, a form of NFT built on the Bitcoin blockchain. Bitcoin Ordinals gained traction in 2023, swiftly becoming a sought-after digital asset. Magic Eden was quick to recognize the potential and integrated support for Bitcoin Ordinals into its platform in March…
On Tuesday, the BRICS bloc, with Russia leading the pack, announced a groundbreaking move: the launch of a new payment system built on the foundation of blockchain and cryptocurrency technologies. This new system aims to function as an independent channel for conducting trade settlements, positioning itself as a formidable contender to the traditional dominance of the US dollar in global transactions. The ambition behind this initiative is to create a payment system that is accessible and beneficial to all levels of society, from government entities to the average person on the street. This inclusivity could significantly impact a broad spectrum…
Many cryptocurrency traders say that relying solely on price action strategies is not always a sure thing. They are right. Sometimes these strategies don’t work, but it is often because traders overlook a crucial aspect: whether the market is moving in a range or a trend. It is essential to recognise that price action trading strategies designed for trending markets might not do well in ranging markets, and vice versa. In this article, we will take a close look at this idea and explore various approaches that can be used depending on whether the market is ranging or trending.1. What…
In an intriguing blend of digital and physical art, Ego Dead has unveiled his “Headspace” collection on Nifty Gateway, curated to delve deep into the mind of the modern worker. This unique collection stands as a testament to the internal chaos that contrasts sharply with an outwardly refined demeanor, a theme that resonates deeply with many in today’s fast-paced world. The Fusion of Abstraction and Form Ego Dead, also known as Nishant, has been inspired by the everyday “working man” for this series, focusing on the dual themes of determination and frustration that many face. “Headspace” is a reflection of…
The CME Open Interest rise could fuel Bitcoin’s ongoing uptrend. RHODL Ratio climbed, but BTC’s price could rise toward $70,000. The CME Bitcoin [BTC] Open Interest has hit an all-time high of $8.66 billion, AMBCrypto found. CME stands for Chicago Mercantile Exchange. For context, the CME is used to measure Bitcoin exposure to regulated institutions. Therefore, the latest landmark implied that institutional interest in the coin has been increasing. Source: X Historically, the hike in CME indicates a period for a change in BTC’s trend. In some cases, it marks the end of BTC’s upswing. Other times, it signals a…
The ecosystem of Floki has recently demonstrated remarkable technological utility and demand, as evidenced by the burning of 7,369,216,304 $FLOKI tokens for approximately $1,120,120.88. A week-long token burning of this magnitude demonstrates that Floki is committed to developing a deflationary token model that distinguishes it from other meme-based cryptocurrencies, including $PEPE, $WIF, $SHIB, and $DOGE. The Floki token’s inherent deflationary nature dictates this course of action, which is, without a doubt one of the most notable aspects of Floki’s development voyage. At the same time, its utility products remain in demand; thus, they are permanently removed from circulation. The significant…
Bitcoin’s value reached a new peak for 2024 on Monday at 11:13 a.m. Eastern Time (ET), eclipsing the $66,000 threshold. Over the past year, bitcoin’s value has swelled by 196% and has risen by 157% over the last six months when measured against the U.S. dollar. At the time of writing, the leading crypto asset […] Source link
Share this article Brazilian crypto influencer Augusto Backes got over $211,000 drained from his wallet on Mar. 3, after clicking on a malicious link sent from a phishing email, according to a video from his channel.Backes stated that the email address was supposedly related to an airdrop conducted by Ethereum’s layer-2 blockchain Blast. Although he receives phishing scams in his email box daily, the Brazilian crypto influencer highlighted that he was planning a script for a video and got sidetracked. “In the middle of this anxiety, I received an email. Two months ago, I subscribed my wallet to Blast’s airdrop,…
In the ever-evolving and often hectic world of NFTs, today’s 33 Day event by 33NFT presents an intriguing blend of technology, artistry, and mindfulness. From March 3rd, 2024, at 7:33 AM CST, and concluding on March 4th, 2024, at 4:33 PM CST, this curated drop features a roster of renowned artists including Trevor Jones, Lucho Poletti, Zhuk, Mindzeye, and Brilly. This event not only showcases exceptional talent but also emphasizes the importance of finding serenity amidst the digital frenzy. A Deep Dive into Drop Mechanics The drop mechanics introduced by Trevor Jones exemplify a unique fusion of digital and physical…