Author: CryptoHoppers

Traders and investors have long been engaged in a fierce discussion, each camp passionately defending their preferred method. In one corner, we have the seasoned veterans, like Warren Buffet and Ralph Seger, who swear by fundamental analysis. They meticulously dissect financial statements, scrutinize economic indicators, and evaluate the intrinsic value of assets. These titans of investing have amassed fortunes through a deep understanding of the underlying value of companies and assets.On the other side of the ring, we have the masters of technical analysis, those who harness the power of charts, patterns, and indicators to predict market movements. These traders have…

The SEC’s Stance on NFTs: A Deep Dive into the Impact Theory Case In a landmark decision, the U.S. Securities and Exchange Commission (SEC) has moved to crack down on what it perceives as irregularities in the crypto space. The target? Impact Theory, LLC, an LA-based media and entertainment entity, now facing charges for conducting an unregistered offering of what the SEC has termed as “crypto asset securities” in the form of NFTs. The Backstory Headquartered in the entertainment capital, Los Angeles, Impact Theory had raised an impressive sum of around $30 million. Their modus operandi? Offering NFTs to hundreds…

Key highlights:The total cryptocurrency market cap decreased from $ 1.06T to $ 1.06T in the past 24 hours, representing a -0.09% changeThe Bitcoin price at press time is $ 25,963 after falling by -0.27% in the last 24 hoursThe total crypto trading volume decreased by -0.09% in the past 24 hours, and is currently at $ 90.40BAll prices and changes are presented at the time of publication: August 28, 2023, at 06:00 UTCMarket OverviewThe total cryptocurrency market cap is currently $ 1.06T after a -0.09% decrease on the day. The total crypto trading volume declined by -0.09% in the same time frame.Bitcoin is trading at…

Ripple is on the move, extending its cryptocurrency expertise with the XRP Ledger (XRPL) to craft Central Bank Digital Currencies (CBDC). There has been speculation that the Reserve Bank of New Zealand is stepping into the ring, engaging in discussions with Ripple for this exciting venture. What’s the potential of such a collaboration if this happens sometime soon? There was cheering from some quarters when Ripple commented on a post on the Reserve Bank of New Zealand about CBDC. What are the implications of this partnership if it pushes through? There was confusion about “ongoing talks”, but the tweet was…

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Avalanche had a higher timeframe bearish structure since June. If a move below $10 begins, a drop to $6.5 and lower would be likely over the rest of the year. Avalanche [AVAX] has a strong bearish outlook on the higher timeframe charts. It saw a sharp decline in June, reaching the $10 psychological level. Although AVAX bounced toward $16 a month later, it was not enough to flip the higher timeframe bias bullishly. Read Avalanche’s [AVAX] Price Prediction 2023-24…

We had the privilege of sitting down with the remarkable NFT artist, EL ROKK, to delve into his artistic journey and his insights into the world of digital art and NFTs. Check out his latest Drop Medusa on SuperRare. Tell us about your artistic journey and how you got started in the world of digital art and NFTs. After obtaining my degree in Graphic and Art from RMIT Melbourne, I spent over a decade freelancing. In 2020, I ventured into the NFT world after conversations with my friend Vangeli, who was passionate about NFTs. Intrigued, I applied to join SUPERRARE,…

Bitcoin’s network hash rate bumped to a 4-month high. Miners delayed selling their holdings due to their belief in the growth potential of BTC. Bitcoin’s [BTC] miner activity is closely tracked by experts in the crypto ecosystem, as it provides vital clues into the network’s health and the level of profitability in the mining sector. Is your portfolio green? Check out the BTC Profit Calculator As per a post by on-chain analytics firm Glassnode, the network hash rate bumped to a 4-month high on 26 August. The previous 4-month peak was recorded more than a month ago on 7 July. ????…

Numerous cryptocurrency wallets exist only as browser-only plugins, which lack compatibility with the demands of modern mobile lifestyles. However, requiring users to be stationed at a computer, and installing a specific browser to access a wallet, would introduce significant inconvenience. In addition, the evolution of wallets is inevitably geared toward widespread adoption, necessitating a user experience that rivals or even surpasses that of Web2 products. Furthermore, intelligent wallets should harness cryptographic methods to establish the credibility of transactions on blockchain networks. AstroX ME envisions a redefinition of wallets, emphasizing security and transactional ease. The AstroX ME wallet represents a multi-chain…

Top Stories This Week Tornado Cash co-founders charged with money laundering, sanctions violations United States officials pressed charges against the co-founders of crypto mixer Tornado Cash on Aug. 23. Roman Storm and Roman Semenov were both charged with conspiracy to commit money laundering, conspiracy to commit sanctions violations and conspiracy to operate an unlicensed money-transmitting business. Storm was arrested and released on bail a few days later, while Semenov was added to the U.S. list of Specially Designated Nationals and Blocked Persons. Combined, the charges carry a maximum sentence of 45 years in prison. The third Tornado Cash co-founder, Alexey…

Bitcoin (BTC) dipped below $26,000 for part of the day on Friday after U.S. Federal Reserve Chair Jerome Powell acknowledged the possibility that the Fed might have to hike interest rates again. Powell spoke at a Fed-sponsored economic policy symposium in Jackson Hole, Wyoming on Friday morning. He stated that it’s the “Fed’s job” to bring inflation down to the central bank’s target of 2%. “We have tightened policy significantly over the past year. Although inflation has moved down from its peak – a welcome development – it remains too high. We are prepared to raise rates further if appropriate,…