Author: CryptoHoppers

Cryptocurrency trading is a sophisticated practice, akin to an art form. Various tools exist to excel in this lucrative craft, each possessing unique and powerful features. Comparing these tools is challenging, as each serves its purpose distinctively. It is not mandatory for a crypto trader to stick to a single tool; in fact, leveraging combinations is often more beneficial. Skillful traders often employ a blend of different tools for optimal results. One widely acknowledged combination involves the fusion of Price Action Analysis and the Moving Average Convergence Divergence (MACD) indicator. This pairing has demonstrated its effectiveness, enhancing success probabilities in…

BlackRock CEO’s Insight: Tokenization as a Path to Eliminate Fraud Through Blockchain Transparency During a recent CNBC segment that captivated the financial and tech worlds, BlackRock’s CEO made a profound statement about the future of blockchain and asset management: “These are just stepping stones to tokenization.” This sentiment echoes a pivotal shift in the landscape of asset management, particularly in the tokenization of real-world assets (RWAs). Here at NFTCulture, we’re avidly exploring how RWAs are reshaping the concepts of asset ownership and investment, with a specific focus on blockchain’s role in enhancing transparency and reducing fraud. Revolutionizing Asset Management with…

The team announced 4236% oversubscription on DOJO launchpad. DojoSwap, the first native Automated Market Maker (AMM) Launchpad on Injective has completed its public sale to continue to build the biggest DeFi ecosystem on the Injective blockchain. The protocol announced on Thursday that it raised $25 million from its recent public sale of 635,000 INJ tokens. Per the announcement, the sale lasted only 48 hours, the trading and claiming of DOJO tokens followed immediately. Brief Insight into DojoSwap (DOJO) Tokenomics Notably, DojoSwap launchpad operates according to the model called the “Dynamic Overflow” method. This method ensures that users may subscribe to…

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…

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 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…

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…