Author: CryptoHoppers
Wormhole is one of the most widely used and known cross-chain bridges. The hub has proven resilient, despite going through one of the biggest exploits, losing $321M in 2022. Since then, Wormhole has grown its connection pairs and interchain features. Wormhole Targets Developers Again Developers are a scarce resource in the blockchain space. The best may create the next wave of successful projects. Wormhole and Borderless Capital are offering grants to developers who want to create cross-chain features and products. The grant program is open for application now and will distribute a total of $50M in locked liquidity. .@borderless_cap has…
Many traders view crypto trading as riskier than other options for trading, due to the highly volatile nature of the crypto market. In this article, we delve into a few critical questions regarding crypto market volatility, including strategies for building resilience. Amidst the ups and downs of the market, understanding how to navigate and manage risks becomes essential. By grasping the dynamics of volatility and implementing effective strategies, traders can strengthen their positions and thrive in the unpredictable crypto market environment. Let’s start the discussion.1. Crypto Market Volatility: What You Should Know Crypto market volatility refers to how quickly and dramatically…
A Leap into Anime with a Decentralized Twist In a striking collaboration with Dentsu Inc., the powerhouse behind much of Japan’s anime entertainment, Azuki premiered the first episode of its three-part anime anthology series titled ‘Enter the Garden.’ The series kicks off with ‘The Waiting Man,’ directed by the accomplished Goro Taniguchi, known for his groundbreaking work on ‘Code Geass’ and ‘One Piece Film Red’. Azuki’s venture into anime underlines its commitment to blending traditional media with blockchain innovation, aiming to shake up industry norms through decentralization and artistic freshness. The Story and the Vision ‘The Waiting Man,’ the introductory…
Economist and gold advocate Peter Schiff has declared bitcoin to be in a bear market, despite the recent surge in interest in spot bitcoin exchange-traded funds (ETFs). Additionally, he cautioned that economic data provides conclusive evidence that stagflation is not merely a future prospect for the U.S. economy, “but already a current reality.” Peter Schiff […] Source link
DeFi • April 30, 2024, 6:50PM EDT Published 1 minute earlier on Uniswap users can now use Robinhood Connect to buy cryptocurrencies using funds from Robinhood, a debit card or via bank transfer.Robinhood Connect became available this week to users on the Uniswap mobile app, the decentralized exchange (DEX) said Monday in a statement. The service is one of three providers enabling crypto purchases on Uniswap, joining Coinbase Pay and Moonpay, according to the protocol.On Uniswap’s app, first-time Robinhood Connect users who purchase $10 in cryptocurrencies will receive $10 worth of USDC in their RobinHood account.Robinhood Connect’s integration with Uniswap…
The Akita Inu, a majestic breed hailing from Japan’s northern prefecture of Akita, has gained international acclaim in recent years. To combat rising concerns about pedigree forgery and lost documents, the Akita Inu Preservation Society is embracing the digital age. They’ve partnered with a tech firm to develop a secure system using blockchain technology, the same system that underpins cryptocurrencies. Akita Goes Global: Digital Pedigrees Meet International Demand The Akita Inu Preservation Society has witnessed a surge in overseas membership, with numbers jumping from 300 in 2022 to nearly 500 in 2023. This international interest presents a challenge – ensuring…
Share this article Despite the innovative approaches, pre-token markets face challenges such as price discovery inefficiency due to low volume compared to markets after the token generation event (TGE), according to the “Can markets be efficient before they even exist?” report by Keyrock.The report highlights that the volume disparity can be as high as 1,000 times, mentioning tokens like Wormhole’s W and Jupiter’s JUP as examples. Moreover, the majority of trades on the points trading platform Whales Markets involve small amounts, with an average transaction size of $870, suggesting that most traders are not large-scale investors.Keyrock points out that pre-token…
Yuga Labs has marked the third anniversary of the Bored Ape Yacht Club (BAYC) by launching a series of high-quality 3D avatars, introducing a new dimension to their already iconic collection. This release not only enhances the visual appeal of the Apes but also expands their utility across various digital platforms. Here’s a look at what this means for the community and how you can easily share these innovative 3D models. A Fresh Wave of Excitement? The introduction of 3D avatars by Yuga Labs could be a significant move to reinvigorate enthusiasm within the NFT space, especially among BAYC members…
A crypto analyst has suggested that Bitcoin’s price movements were indicative of a potential surge to $300,000. The analyst has revealed key technical indicators and patterns that could signal BTC’s drive to a new target all-time high. Bitcoin Poised For Aggressive Bull Cycle Phase A crypto analyst identified as ‘TradingShot’ on TradingView, a financial market analysis platform, released a post, predicting Bitcoin’s rise to $300,000. In their analysis of Bitcoin’s historical price movements from 2012 to 2024, TradingShot revealed that BTC had successfully tested and maintained the Mayer Multiple (MM) Mean and is currently in a consolidating phase. The Mayer…
The leading Ethereum decentralized exchange, Uniswap, contributes substantially more volume to layer 2 blockchains compared to the activity seen two years ago. The decentralized exchange (DEX) accounts for around 37% of the total trading volume on layer 2 while running atop crypto’s second-largest blockchain, Ethereum (ETH). 21.co researcher Tom Wan noted that the platform’s L2 volumes experienced more than 650% growth in 24 months, increasing from around $4 billion in 2022 to over $30 billion this year. The analysts added that this trend could strengthen even further if more quality protocols launch on layer 2 networks like Arbitrum, Coinbase’s Base, and…