Author: CryptoHoppers
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…
Prominent crypto analytics firm Glassnode says Bitcoin is in a long-lasting uptrend powered by traders who are still doubting the strength of BTC. In a new post on the social media platform X, the analytics firm says Bitcoin’s current bull run looks very different from the one witnessed in 2021 when BTC bulls were using excessive leverage to drive up the price of the crypto king. According to Glassnode, bears who are shorting BTC are getting liquidated, triggering short squeezes and providing fuel for Bitcoin rallies. A short squeeze happens when traders who borrow an asset at a certain price…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Cardano (ADA) and Hedera (HBAR) are resilient with analysts expecting more gains in Q1 2024. On the other hand, KangaMoon (KANG) is drawing investor attention and meme coin enthusiasts after adding 50%. Cardano recovers Cardano is on a cusp of doubling, adding nearly 75% so far. In mid February, ADA fell before rising. The token is now in a tight range, adding 7% in the past week, and 27% in the last month. Analysts expect ADA to post sharp…
In an era where bitcoin’s value fluctuates wildly, a price model has emerged, offering a mathematical glimpse into its future price. The “Bitcoin Power Law,” suggests an interesting path for bitcoin’s price, rooted in the principles of algebra and natural laws. The model, representing a blend of science and finance, forecasts bitcoin’s journey to unprecedented […] Source link
For avid cryptocurrency traders, the frequent observation of digital asset prices converging around specific levels within the market is not a mere coincidence, but rather a recurring phenomenon that merits careful consideration. This intriguing trend of price alignment suggests the existence of underlying factors influencing market behaviour, and it would be imprudent to dismiss it as happenstance. One compelling explanation for this occurrence revolves around the realm of human psychology. Analysing the significance of these levels, often characterised by round numbers, unveils a deeper connection to the way traders perceive and interact with prices. These psychological thresholds appear to exert…