Author: CryptoHoppers
Umoja is an innovative decentralized finance (DeFi) protocol, from Umoja Labs, that aims to revolutionize the asset hedging process across cryptocurrencies, fiat currencies, and real-world assets. The platform provides a groundbreaking solution that automates and simplifies hedging, making sophisticated strategies accessible and cost-efficient. At its core, Umoja offers customizable hedging funds and services tailored to specific assets and individual risk exposures. Users can easily implement automatic, flexible hedging that helps safeguard against issues like market volatility and potential liquidation events. The protocol is uniquely competitive – with reduced fees up to 80% lower than traditional approaches and collateral requirements 10x…
Sasha Katz: Navigating the Waves of Digital Art and NFTs | NFT CULTURE | NFT News | Web3 Culture
A Fusion of Tradition and Innovation Sough is available until 5:30PM CST on 2/29/24 for $100.00 US In the ever-evolving world of digital art, few names resonate as profoundly as Sasha Katz. Known for her distinctive blend of traditional motifs and cutting-edge digital techniques, Katz has firmly established herself as a luminary in both the art world and the burgeoning NFT space. Her latest offering, “Sough,” serves as a testament to her unparalleled ability to weave together elements of the past and the present, inviting viewers into a mesmerizing realm where myth and reality converge. Sasha Katz is a visual…
With all eyes on the phased upgrade of Ethereum, the Foundation released an update today that the Ethereum 2.0 Phase 0 has now been set for an official launch at some time around 1 December this year. The update went on to state that the deposit contract was now live and can collect funds to trigger staking. In addition to this, the network further elaborated on how the genesis process was expected to happen. Prospective stakers will be able to deposit 32 ETH validator deposits, a week before 1 December, to the contract through the launchpad to proceed with the…
Bitcoin’s Swift Climb Triggers Soaring Premium in South Korea During Worldwide Rally
On Wednesday, bitcoin’s value ascended past the $60K threshold, peaking at a 24-hour high of $61,389 by 10:45 a.m. (ET). Concurrently, South Korea observed a pronounced premium over the international exchange rate, with local platforms such as Upbit and Bithumb displaying prices that are $2,251 higher. In a Worldwide Bitcoin Frenzy, South Korea and 30+ […] Source link
Share this article Crypto exchange Binance unveiled today an expansion of its VIP Invitation Program, specifically targeting new users who actively trade traditional assets or crypto on other platforms. The initiative is designed to facilitate these traders’ transition into Binance’s ecosystem by allowing them to combine their trading volumes from up to two external trading venues, including both spot and futures trades in crypto and traditional assets.This is a move to attract traditional asset traders and marks the first time a major crypto exchange has tailored a program of this kind, inviting those who meet specific 30-day aggregate trading volume…
ApeCoin DAO’s Thrilling Venture into F1: A Multi-Year Partnership with [Redacted] | NFT CULTURE | NFT News | Web3 Culture
In a groundbreaking move that sets the stage for an exhilarating fusion of cryptocurrency and motorsports, ApeCoin DAO has just announced a tantalizing teaser of an APE Improvement Proposal (AIP) that heralds a multi-year partnership with a Formula One racing team, intriguingly referred to as [Redacted]. This announcement not only marks a significant milestone for ApeCoin but also showcases the innovative spirit of the ApeCoin community and its ambitious vision for the future. 🌟 Exciting Announcement Alert 🌟 🏎️ We’re thrilled to unveil a potential game-changing APE Improvement Proposal and multi-year partnership between ApeCoin DAO and [Redacted], a Formula…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Amid broader market growth, Ethereum has surged past the $3.2 mark. Meanwhile, the Bitcoin Minetrix presale has raised over $11.4 million. ETH rally sees $43 million shorts liquidated Ethereum has enjoyed notable buying demand today, causing mass short liquidations. The occurrence follows a broader market appetite for cryptocurrencies as Bitcoin hits $57K. Furthermore, anticipation for Ethereum’s next network upgrade, Dencun, also adds to the widespread bullish sentiment. As the price chart below shows, ETH’s momentum has intensified this month…
RippleX, the development branch of Ripple, has formed a strategic partnership with Zoniqx, a Silicon Valley-based tokenization firm. This collaboration aims to bring multi-asset tokenization to the XRP Ledger (XRPL), marking a pivotal step towards transforming the XRPL into a hub for real-world asset (RWA) tokenization. The announcement was made public through a press release highlighting the integration of XRPL’s infrastructure with Zoniqx’s innovative tokenization solutions. The partnership leverages two of Zoniqx’s leading services: Tokenization Platform as a Service (TPaaS) and Tokenization Life Cycle Management (TALM). These solutions are designed to facilitate the tokenization of RWAs, enabling their digital representation…
In recent times, the meme coin sector has experienced a significant increase, climbing over 13% in the past 24 hours. In the span of the last four days, the meme token economy has expanded by $3.77 billion, with tokens such as pepe (PEPE) and corgiai (CORGIAI) achieving gains in the double digits. Meme Coin Market […] Source link
Beyond Basics: Price Action and Support/Resistance for Proficient Crypto Trading
Seasoned cryptocurrency traders recognise the pivotal role played by support and resistance in the intricate realm of price action trading. Mastery of these concepts is a hallmark of successful traders. Support and resistance, while seemingly elementary, unveils a multifaceted landscape upon closer examination. Delving into this concept reveals its nuanced layers, akin to peeling back the intricate layers of an onion. In our exploration, we embark on a comprehensive journey to unravel every facet associated with support and resistance, with a keen focus on their application within the domain of price action trading. The forthcoming discourse aims to equip crypto traders…