Author: CryptoHoppers

Journalist Posted: February 12, 2025 BTC stalled at $98K and plunged after Powell’s slow Fed rate cut outlook.  Demand for BTC has slightly dropped amid macro uncertainty.  Bitcoin’s [BTC] early week recovery stalled at $98K and dumped to $95K following Fed’s chair Jerome Powell’s hawkish outlook on interest rate cuts. During his semi-annual monetary report to the U.S. Congress on the 12th of February, Powell reinforced that the agency was not ‘in a hurry to change its policy stance.’ He said,  ‘Our policy stance is now less restrictively than it had been, and the economy remains strong. We do not…

Will this legacy cryptocurrency become bullish once again? Let’s find out in this Bitcoin Cash price prediction. Bitcoin Cash is a cryptocurrency associated with Bitcoin, yet it hasn’t performed like the leader of all cryptocurrencies. Its price action has lagged while Bitcoin (BTC) and other cryptocurrencies have experienced significant pumps. Since its launch back in 2017, the Bitcoin Cash (BCH) token has seen an all-time high of $3,785.82 followed by a 91% drop in price. At the time of writing, it is now trading at $330.2, which is around a 21% increase from its previous weekly low. BCH 1w chart…

Key Takeaways President Trump plans to nominate Brian Quintenz from a16z as CFTC chair. Brian Quintenz has experience with Bitcoin and Ethereum futures regulation at the CFTC. Share this article President Donald Trump has picked Brian Quintenz, the current Head of Policy at a16z crypto, to lead the Commodity Futures Trading Commission, according to a White House document shared by Unchained.The nomination has been verified by Bloomberg and FOX Business journalist Eleanor Terrett.” Although there has been no official statement from the White House, CFTC officials have confirmed the move, said the journalist. “I congratulate my friend Brian Quintenz on his…

Key Takeaways Binance and SEC filed a joint motion for a 60-day pause in their legal proceedings. The SEC’s new crypto task force may influence the resolution of ongoing cases. Share this article The US SEC and Binance have filed a joint motion to pause their legal proceedings for 60 days, according to FOX Business journalist Eleanor Terrett. She suggests this development could open the door for other companies facing SEC lawsuits—especially in non-fraud cases, like Ripple, Coinbase, and Kraken—to do the same. 🚨NEW: Here’s the first requested pause on #crypto litigation in the courts since @MarkUyedaUS took over as…

In the new crypto week, Bitcoin is projecting strong possibilities of a bullish comeback. With an intraday gain of 1.38%, Bitcoin is close to crossing above the $98,000 mark. As the bullish comeback marks the end of four consecutive doji candles, Bitcoin is aiming to reclaim the $100,000 mark this week. Will this reclamation lead to a new all-time high for Bitcoin? Let’s find out. Bitcoin Price Analysis: A Bullish Halt in the Negative Cycle In the daily chart, the BTC price trend showcases an early halt in a negative cycle. The negative cycle was between a consolidation range extending…

Nigeria’s crypto scene took a big hit last year.A sudden government crackdown on unlicensed platforms sent shockwaves through the market, leaving investors scrambling. Then came the bombshell – two Binance executives were detained, with one of them, Tigran Gambaryan, jailed until U.S. intervention secured his release in October. Panic spread, trust eroded, and the numbers told the story: stablecoin usage in Nigeria plunged by 38%, with volumes shrinking to $23.6 billion, according to Chainalysis.But now, something unexpected is happening. After months of strict enforcement, Nigeria appears to be shifting gears. The same regulators who cracked down on crypto are now…

The promise of decentralized finance (DeFi) was nothing short of revolutionary: democratizing financial services by bringing sophisticated banking capabilities to anyone with an internet connection and a crypto wallet. This vision of accessible, permissionless finance captured the imagination of millions, driving DeFi’s total value locked to unprecedented heights back in 2019 and now again this year. However, as the ecosystem has matured, a stark reality has emerged – many of DeFi’s core promises remain unfulfilled, particularly in one of traditional finance’s most fundamental services: lending. Enter Silo Finance, a protocol that’s flipping the script on DeFi lending. Instead of forcing…

As US President Donald Trump moved to impose new tariffs on Canada, Mexico, and China this past week, Bitcoin (BTC) prices fell to around $91,500 amidst fears of a global trade war. Although the maiden cryptocurrency quickly recovered from the flash crash, a strong rejection at the $102,000 price zone draws much speculation on the future of the current bull run. Bitcoin’s Advanced NVT Flashes Local Bottom Signal – What Does This Mean? In an X post on February 7, renowned crypto analyst Burak Kesmeci shared some insights on the Bitcoin Advanced NVT (network value to transaction) – an on-chain…

Amid the boom in the crypto sector, the leading cryptocurrency exchange, Kraken’s Layer 2 blockchain, InkChain has experienced an impressive surge in active addresses since January 2025, which shows growing adoption in the DeFi ecosystem. The data also shows that the network has maintained an incredible user retention rate of over 80%.  Launched on December 18, 2024, It is Kraken’s strategic foray into the Ethereum Layer 2 ecosystem, this leverages Optimism’s scalability solutions. By using Ethereum’s framework, InkChain enables seamless deployment of EVM-compatible applications.  This easy integration ensures that developers can migrate existing decentralized applications (dApps) with less trouble while benefiting…

Key Takeaways Kanye West rejected rumors about launching a meme token. Speculation about a “Ye” currency led to a surge in the price of a Solana token. Share this article Kanye West, who now goes by Ye, said Saturday he only does what he knows and loves, and launching a meme coin is not among them. The rap mogul firmly dismissed swirling rumors of a possible coin launch, stating that he only pursues things he’s “passionate and knowledgeable about.”“IM NOT DOING A COIN,” Ye wrote on X. “I MAKE PRODUCTS.”Ye, whose net worth stands at $400 million according to Forbes,…