Author: CryptoHoppers
Coinbase’s Bitcoin OTC trading volume reaches second-highest level in history
According to a Jan. 11 report by CryptoQuant, an on-chain and market analytics tool, Coinbase’s Bitcoin OTC trading volume reached $7.7 billion today. On Jan. 10, an official SEC filing revealed that spot Bitcoin ETFs had received approval for listing on all registered national exchanges in the U.S., including the Nasdaq, NYSE, and CBOE. This approval follows a decade-long pursuit of this type of product. One day later, CryptoQuant reported that the purchase of Bitcoin (BTC) had surged in direct response to this announcement, reporting the highest level since Mar. 21 last year. It is also worth noting that the…
Demystifying the Crypto Maze: Unlocking the Power of Copy Trading with Zenit World
The world of blockchain technology and digital assets is burgeoning with promise, offering a revolutionary way to interact with a whole new range of assets, leading to unmatched innovations . However, for many, navigating this complex landscape can feel daunting due to a lack of readily available information and user-friendly platforms. Breaking into this exciting industry often requires extensive research, meticulous analysis, and a significant learning curve, creating a barrier for those seeking to leverage its potential. That’s why Zenit World’s powerful platform offers a unique value proposition. By copy trading with Zenit World, every individual, regardless of their prior…
The New Frontier in Crypto: Real-World Asset Tokenization | NFT CULTURE | NFT News | Web3 Culture
The integration of real-world assets (RWAs) into cryptocurrency and traditional finance is emerging as a significant trend, potentially leading to a new era of economic growth. Historically, technology adoption has followed a pattern of initial excitement, followed by setbacks, and finally, stabilization into periods of sustained growth, as seen in the dot-com era. In the current phase of Web3 technology, decentralized finance (DeFi) and non-fungible tokens (NFTs) have laid the groundwork for transformative changes in financial systems, focusing primarily on digital assets. However, the next growth phase is anticipated to revolve around the tokenization of RWAs, which could bring substantial…
Bitcoin was anticipated to reach nearly $100,000 by the end of 2024. Around 88% of the financial advisors said they were waiting for a spot ETF approval before investing in Bitcoin. After months of anticipation and excitement, the crypto market is gearing up for what could be the most pivotal day of the decade, if not the most pivotal day ever. A new chapter in the crypto industry The industry has pinned its hopes on the potential approval of dozen odd Bitcoin [BTC] spot exchange-traded funds (ETFs) in the U.S. market. Many analysts believe it to be a turning point…
Etherscan has acquired Solscan and can now incorporate Solana’s data through this strategic move.Leveraging Etherscan’s experience and tools, Solana’s ecosystem stands to benefit from increased visibility and potential growth.This acquisition signals a broader push for wider adoption of web3 technologies, not just financial gains.Just 3 days into 2024 and the crypto updates continue to roll in! Now, Etherscan, a renowned platform for Ethereum network insights, has expanded its horizons by acquiring Solscan, Solana’s leading block explorer.Etherscan has now incorporated the comprehensive Solscan ecosystem, which also includes BscScan, the explorer for BNB Smart Chain. This strategic move aims to harness the…
Candlestick patterns are essential tools in crypto trading as they can provide high-quality trading signals. Therefore, it is beneficial for crypto traders to have a clear awareness of powerful candlestick patterns. There are several prominent patterns that can contribute to traders’ success, and one of the most prominent among them is Engulfing Candlestick Patterns. Let’s explore this pattern in depth.1. Engulfing Candlestick Patterns Defined Engulfing Candlestick Patterns in crypto trading, which signal a market reversal, involve two bars on a chart: the second bar is much larger than the first, fully covering or ‘engulfing’ the initial one. 1.1. Identifying A Perfect Engulfing…
Retreating from Innovation: X Remeving verified PFP NFTs | NFT CULTURE | NFT News | Web3 Culture
In what can be seen as a disheartening step backward for the integration of blockchain technology in mainstream platforms, X, under Elon Musk’s leadership, has quietly rolled back a feature that was once celebrated in the NFT community. The company’s decision to remove the option for paid subscribers to set Non-Fungible Tokens (NFTs) as their profile pictures comes as a blow to the enthusiasts who saw this as a major step towards the recognition of digital art and ownership. This feature, which debuted under Twitter’s previous management in January 2022, was more than just a novelty. It allowed users to…
Long Consolidation Period Looming for Crypto As Markets Have Already Used Up All the Juice, Says Analyst
A closely followed trader believes that the crypto market is inching toward the end of its rally following a stellar performance last year. Pseudonymous analyst The Flow Horse tells his 196,800 followers on the social media platform X that he believes the year-long bullish run of the crypto markets is about to face exhaustion. According to the trader, his short to mid-term bearish view would be invalidated if investors poured massive liquidity into Bitcoin (BTC) exchange-traded funds (ETFs). The U.S. Securities and Exchange Commission (SEC) is expected to make a decision on a series of BTC ETF applications between now…
Revolutionizing Digital Marketing: Payvertise Leads with NFTs and $PVT Token for Transparent, Engaging Ad Spaces
Granite city, United States, January 9th, 2024, Chainwire In the fast-paced world of digital marketing, the integration of Non-Fungible Tokens (NFTs) marks a significant turning point. Leading this innovative wave is Payvertise with its $PVT token, ushering in a new era where transparency and engagement are not just goals, but realities. This movement isn’t just about adopting new technology; it’s about reshaping how we engage with digital content and advertisements. NFTs, once the domain of digital art and collectibles, are now making a bold entrance into advertising. This transition offers unique opportunities in digital marketing, changing the game for advertisers…
Blockchain has emerged as a revolutionary force amid the evolving technological landscape. This decentralized technology has the capacity to transform industries, businesses, and societies by providing transparent, secure, and democratic solutions. The Blockchain Era (TBE), an innovative Decentralized Autonomous Organization (DAO), recognizes this pivotal point in technological evolution. Now, it’s channeling blockchain’s transformative potential to initiate a new era of opportunity and growth. Decentralized Autonomous Organization TBE promotes the advancement of blockchain technology, propelling development, and guiding us toward a future that maximizes the potential of blockchain. A spokesperson for TBE commented that blockchain technology signifies a paradigm shift in…