Author: CryptoHoppers

New cryptocurrency projects provide a unique opportunity for investors. Due to the nascent nature of the sector and high volatility, some new crypto projects explode in value seemingly overnight, generating returns that are mostly unheard of when investing in more established crypto assets or traditional financial instruments. However, with thousands of new crypto projects launched every few weeks, it can be difficult to separate those that are truly promising and those that are just looking to take advantage of the fast-moving crypto space and have no concrete roadmap goals. In this article, we will examine what are, in our opinion,…

Crypto Live NewsAuthor: Nidhi Kolhapur Nidhi Kolhapur AuthorNidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain. Jul 9, 2024 19:09 The United States Senate Committee on Armed Services has taken a significant step towards integrating advanced technology into national defense. The committee has directed Secretary of Defense Lloyd Austin to investigate potential applications of blockchain technology within the military. The directive issued on July 9, focuses particularly on enhancing supply chain management and strengthening national security. Secretary Austin is required to…

Key Takeaways Bitcoin needs to surpass $58,000 to restore its bullish trend, according to traders. Over 50% of crypto investors remain optimistic about the current bull cycle despite recent corrections. Share this article Bitcoin (BTC) still holds the $58,000 price level as a key area to flip its choppy moment, according to the trader who identifies himself as Altcoin Sherpa. This area is BTC’s exponential moving average of 200 days (EMA 200), and the price must close above it in “higher timeframes” so Bitcoin can chase $63,000. “Can’t break it, we test the low 50ks. Wait and see mode now,”…

Introduction Erick Calderon, better known in the NFT space as Snowfro, is preparing to mint the last Chromie Squiggle, #9999. This event not only marks the end of an era for one of the most iconic generative art projects on the blockchain but also stands as a testament to the vibrant community that has grown around it. Erick’s journey with Chromie Squiggles has been nothing short of revolutionary, and the final mint is set to be an occasion to remember, especially as it is destined for the prestigious Los Angeles County Museum of Art (LACMA). The Final Mint: Squiggle #9999…

A senior Bloomberg ETF analyst says the final deadline for the approve of solana exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) will be mid-March 2025. He stressed that the U.S. presidential election in November will play a crucial role in their approval. Analyst Discusses Political Impact on Solana ETFs A senior […] Source link

The Worldcoin Foundation has taken a major step forward by launching a developer preview for its new Layer 2 blockchain network, World Chain. This move marks a crucial phase in Worldcoin’s development. The developer preview is currently available to a limited number of developers. The preview allows for exploration, building, and testing of the World Chain before its anticipated mainnet launch later this summer. This early access period is crucial for gathering feedback and ensuring a smooth transition. The World Chain developer preview is now live ⚪️ pic.twitter.com/TEnfObrG2o — Worldcoin (@worldcoin) July 9, 2024 World Chain preview phase attracted Alchemy…

Key Takeaways Trader Rekt Capital observes initial signs of stability in Bitcoin’s daily chart structure post-crash. Key price levels for Bitcoin recovery include $60,600 weekly close and $58,790 quarterly close. Share this article Bitcoin’s (BTC) daily chart structure is showing its first signs of stability after the crash seen last week, according to the trader who identifies himself as Rekt Capital. In an X post, he highlighted that BTC is getting closer to its previous “June downtrend” line, and this resistance will be challenged if a bullish divergence scenario plays out. #BTC Bitcoin is showcasing some initial signs of stability…

Rodney Burton, known as “Bitcoin Rodney,” will remain in detention awaiting trial on charges of masterminding a multi-billion-dollar cryptocurrency fraud. Arrested in January at Miami International Airport, Burton faces accusations of conspiracy to operate an unlicensed money-transmitting business and the actual operation of such a business. U.S. District Judge Richard Bennett denied Burton’s bail request […] Source link

Well-known crypto analyst TechDev says that Bitcoin (BTC) is probably in the midst of a bear trap to shake out weak hands before a large move up in price. The pseudonymous analyst shares with his 464,000 followers on the social media platform X a Bitcoin chart that suggests BTC is mirroring its 2017 pre-parabola price action after roughly 1,200 days of accumulation. TechDev’s chart also incorporates the net unrealized profit and loss (NUPL) metric, which gauges the overall sentiment of market participants by tracking the unrealized gains and losses of all coins in circulation. Based on his chart, the analyst…

The Republican National Committee (RNC) just adopted a platform that plans to boost crypto mining and oppose the creation of a CBDC. The Republican National Committee, led by Michael Whatley and Donald Trump’s daughter in law Lara Trump has officially adopted their election platform that includes a section on crypto innovation. The platform was made released Monday as the party gears up for the November election.  “Republicans will end Democrats’ unlawful and un-American Crypto crackdown and oppose the creation of a Central Bank Digital Currency (CBDC),” the document states. “We will defend the right to mine Bitcoin, and ensure every…