Author: CryptoHoppers

Bitcoin has generated an annual return on investment of more than 150%. It is expected only to rise, especially since its ETF has been approved. A total of 11 applications have made their way into the market, allowing traders to diversify their portfolios. Udomsak Rakwongwan, a researcher from Kasetsart University, has backed the token by saying that 2024 should offer it some growth. Udomsak is also the founder of FWX, a decentralized DeFi platform. They have based their statement on the assumption that many Bitcoin enthusiasts believe in the future bull run. The market cap of Bitcoin has fallen to…

In a recent development within the XRP Ledger (XRPL) ecosystem, a proposal by RippleX’s Director of Software Engineering, David Fuelling, aimed at restructuring the XRPL Foundation’s governance has sparked controversy. This proposal has led to significant community debates and the departure of key validators. Proposed changes to XRPL foundation’s governance Fuelling’s proposal centers on establishing a new, community-led governance system for the XRP Ledger Foundation (XRPLF), a non-profit organization supporting the XRPL ecosystem. He highlighted the lack of clarity in the Foundation’s membership rights and responsibilities and proposed a more structured approach. The suggested changes include creating three distinct membership…

Blockchain technology is reshaping many fields, with the gaming sector being the talk of the town. Last year’s acquisition of the blockchain game streaming platform Azarus by Animoca Brands, a Hong Kong-based Web3 gaming giant, marked a significant development in this arena. Gaming is a big market, and people love to watch streamers. With such a great confluence of markets, this seems like a winning idea. ???? BIG NEWS ???? Azarus has recently joined the @animocabrands family ???? and we’re celebrating by launching Supercharged Streams! Earn 3X Azarus Rewards on these streams, then redeem them in our store (at a…

Bitcoin has had a depressing week following the approval of spot Bitcoin ETFs in the US, becoming what many feared might be a sell-the-news event. The top crypto dipped below $38,700 during the week for the first time since early December, following a sell-off from digital asset fund manager Grayscale. However, the crypto is now showing signs of recovery and is now trading above $42,600.  According to a social media post by John Bollinger, the legendary creator of the Bollinger Bands, Bitcoin might be done with the selloff, suggesting that the downtrend is already at a bottom.  Bollinger’s Bullish Stance…

Chainlink Automation is currently live on Base, a Layer 2 blockchain renowned for its speed and scalability. It has been supported by Ethereum and nurtured by Coinbase. This integration will provide Base developers with access to gas-efficient, decentralized, and authenticated smart contract automation capabilities. Chainlink Automation is known to be the safest, most dependable, and most cost-friendly automation solution for Web3 developers. Base developers will be capable of offloading compute-related work on the Chainlink Network. This will deal with authenticable factors related to blockchains and a reduction of 90% in terms of gas prices. Johann Eid, chief business officer of…

   Retroactive Rewards: The Past Meets the Present Magic Eden, a prominent player in the NFT marketplace, especially in the Solana (SOL) ecosystem, is setting the stage for a fascinating update. If you’re an active SOL NFT trader on Magic Eden, there’s exciting news for you! The platform has announced a ‘Diamonds airdrop’, slated for February 2nd, rewarding users for their past trading activities since 2021. This initiative is a nod to the platform’s commitment to recognizing and valuing user loyalty and engagement. The airdrop amount is speculated to correlate with your total trading volume. This approach not only acknowledges…

A team of chemists, led by Bartosz A. Grzybowski from the Korea Institute for Basic Science and the Polish Academy of Sciences, has embarked on an unprecedented initiative, utilizing blockchain technology to simulate over 4 billion chemical reactions crucial for unraveling the mysteries of early Earth’s origins. This groundbreaking approach repurposes cryptocurrency mining processes to tackle intricate scientific inquiries, showcasing the versatility of blockchain beyond its financial applications. The researchers set out to explore the potential emergence of primitive forms of metabolism without relying on enzymes. To accomplish this, they carefully selected primordial molecules like water, methane, and ammonia, and…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Chainlink (LINK) shows hints of recovery, which might see the token rise to fresh highs. Similarly, Stacks (STX) is firm, adding 407.6% year-to-date with room for more gains in the future. Meanwhile, some traders are exploring Meme Moguls (MGLS), a new crypto, to diversify.  Chainlink price forecast Chainlink is bullish and way above its 200-day EMA.  LINK is up 120% in the past year, moving from $14.25 to $16.43 in the last week. The uptrend remains valid since the…

A 3% jump in crypto’s total market cap signaled broad market gains, with Bitcoin weathering reduced sell pressure from Grayscale GBTC ETF outflows.  Bitcoin’s (BTC) charge above $41,000 on Jan. 26 bolstered market sentiment, triggering price appreciations for hundreds of cryptocurrencies. According to CoinMarketCap, some 10 tokens saw double-digit price increases in the last 24 hours.  Tokens include Bitcoin BRC-20 token 1000SATS (SATS) with a 21% jump. Conflux (CFX), the so-called ‘China’s Ethereum’ gained over 15% in second, while Ethereum Name Service (ENS) followed closely, increasing by 14%.  Conflux announced a Bitcoin L2 expected by mid-year. ENS received plaudits from…

A Winter Wonderland Through the Eyes of Alimo The world of NFTs is brimming with innovation and creativity, and today we’re zooming in on a fascinating new collection from Alimo, a name synonymous with vivid post-pop imagery and enchanting artistic landscapes. His latest work, aptly titled “Japanuary,” is more than just a collection; it’s a visual diary, a homage to his winter snowboarding adventures in Japan. Alimo: The Artist Behind the Canvas Before diving into “Japanuary,” let’s appreciate the artist himself. Alimo is renowned for his unique style that combines curvy post-pop imagery, highly saturated colors, and vibrant hand-drawn letters.…