Author: CryptoHoppers

As per the latest source, Solana has now outperformed the Ethereum blockchain in the daily fee collection for the last 30 days thanks to growing on-chain activities and memecoin season. In the past 30 days, the blockchain has overtaken Ethereum in fee generation, accumulating $192.06 million compared to Ethereum’s $187.67 million. With this achievement, Solana now moves up to the fifth position in terms of blockchain fees. Solana (SOL) Nears $300 After Jump In On-chain Activities Solana has reached a new milestone. Its layer-1 blockchain now sees Solana-based DEXes surpass $100 billion in monthly trading volume for the first time. Data from…

The rapid rise of artificial intelligence has brought with it an uncomfortable truth that many would rather ignore: our AI models are only as good as the data they’re trained on. For some, like the lawyers who found himself facing sanctions after submitting completely fabricated court cases to a federal judge after blindly trusting ChatGPT, this reality has come crashing down. The incident highlighted that the “garbage in, garbage out” principle was becoming a serious problem, something that industry insiders had known for yearsAI’s This issue has only become more evident as enterprise adoption increases and powerful corporations continue to…

Ethereum has seen a notable resurgence in the past 24 hours, gaining over 5%, while bitcoin traded up a more modest 1.5% over the same period. This shift in market dynamics is reflected in a 13% surge in the ETH/BTC trading pair, which rose from 0.0318 to 0.0371 in the past day — marking a significant recovery from its post-election low. “After Bitcoin’s dip, Ethereum is staging a comeback, with signs the market is shifting flows to ETH and alts, as evidenced by a 13% surge in the ETH/BTC pair,” QCP Capital analysts said.Ethereum, Cardano, and Solana have posted gains of…

The integration of blockchain technology and sports gaming continues as an international football federation partnered with a well-known crypto-based gaming studio to create a new football game for mobile users. Football enthusiasts eagerly await the blockchain-powered free soccer game set to release next year. FIFA Rivals A new free-to-play mobile football game will debut in the summer of 2025. Crypto gaming firm and international football organization, Federation Internationale de Football Association (FIFA) developed a mobile game app called the FIFA Rivals. Reports said that FIFA Rivals will be similar to the NFL Rivals game which was also developed by Mythical…

Key Takeaways Marathon Digital acquired 6,474 BTC in November and has $160 million in cash reserved for potential future purchases. Marathon now holds 34,794 BTC, making it the second-largest corporate Bitcoin holder after MicroStrategy. Share this article Marathon Digital (MARA) has added an extra 703 Bitcoin, bringing the total BTC purchased in November to 6,474 BTC, according to a Nov. 27 statement. The firm has set aside $160 million in remaining proceeds to purchase more Bitcoin at a lower cost. With our 0% $1 billion convertible notes offering, we are excited to share an update: – Acquired an additional 703…

Bitcoin dips further, currently trading at $92,939 after a 1.45% decline as selling pressure continues to mount. However, in the early hours, Bitcoin briefly rebounded and surpassed $93,000.Bitcoin Market TrendsAt the time of writing, Bitcoin’s 24-hour trading volume has surged by 7.36%, reaching $90.88 billion. Meanwhile, the market cap has dipped by 1.54%, at $1.84 trillion.Courtesy: CoinmarketcapDespite its position as the seventh most valuable asset globally, Bitcoin faces competition from petroleum giant Saudi Aramco, which holds a market cap of $1.771 trillion. Bitcoin’s constant surge in the last week had traders expecting that it will soon overtake Alphabet(Google) in terms…

A U.S. appeals court ruled that the Treasury exceeded its authority by sanctioning Tornado Cash’s immutable smart contracts, declaring them outside the scope of federal property laws. On Nov. 26, the Fifth Circuit Court of Appeals overturned a prior ruling by the U.S. Department of the Treasury’s Office of Foreign Assets Control, stating that smart contracts operating autonomously without human intervention cannot be classified as “property.”  Per the ruling, immutable smart contracts are lines of code not subject to ownership or control, falling outside the purview of the International Emergency Economic Powers Act. For those unfamiliar, the IEEPA is a…

Ever since Pong was released in 1972 and changed the world, Gaming has evolved into one of the world’s largest entertainment industries, surpassing even film and music in revenue. This growth has been propelled by the increasing accessibility of games and their ability to appeal to diverse audiences. Titles like Stardew Valley and Animal Crossing have been instrumental in this shift, offering experiences that emphasize relaxation, creativity, and social interaction. These games have demonstrated that gaming can be a space for hardcore and casual players alike by focusing on fun and creativity rather than complex mechanics or intense competition. This…

If Senator Ted Cruz of Texas gets his way, he wants the state to be the “oasis of Bitcoin.” For Cruz, the primary hurdle to full Bitcoin adoption is the federal government itself, particularly its left-leaning policies. The state of Texas, he says, can soon become a cryptocurrency hub with its decentralized environment and business-friendly policies. Ted Cruz’s statement comes as Bitcoin broke the $98,000 level for the first time, and there’s growing regulatory clarity. Incoming US President Donald Trump has nominated Scott Bessent for Treasury, and SEC’s Gary Gensler has announced that he’s stepping down on January 20th, 2025.…

Key Takeaways US Bitcoin ETFs saw massive outflows of $435 million as Bitcoin’s price fell below $93,000. MicroStrategy made its largest Bitcoin purchase ever, acquiring 55,500 BTC worth $5.4 billion. Share this article US Bitcoin ETFs faced massive outflows on Monday amid Bitcoin’s retreat below $93,000.The eleven spot Bitcoin ETFs collectively saw net outflows totaling $435 million, with only BlackRock’s iShares Bitcoin Trust (IBIT) and Grayscale’s Bitcoin Mini Trust (BTC) attracting inflows.According to data from Farside Investors, IBIT captured approximately $268 million in net inflows, while BTC took in $400,000.Bitwise’s Bitcoin ETF (BITB) and Grayscale’s Bitcoin Trust (GBTC) faced substantial…