Author: CryptoHoppers

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In Q1 2023, the crypto market recovered, with many digital assets gaining at least 50%.  Some coins, like Pepe coin (PEPE) and Floki Inu (FLOKI), performed well before the market downturn. However, analysts remain bullish. Meanwhile, investors have taken notice of Pomerdoge (POMD) and predict gains in future sessions. Holding PEPE can yield returns. Pepe coin is up 1% in the past hour.  According to data from CoinMarketCap, PEPE is trading at $0.00000123, down 71% from its all-time high of $0.00000425. Despite the dip in price,…

If the crypto market is known for one thing, then that is volatility. Users, or holders of the digital token, understand that the price changes in minutes – sometimes even in seconds. However, experts believe that that could be changing very soon. What’s causing this change is the leader of the crypto market – Bitcoin. It is denoted by the symbol BTC. Per reports, a reduction in the Spot vs. Derivative ratio has signaled that investors prefer to hold onto their BTC in their wallets. The number has sharply gone down from 35% to 6%. Meaning the remaining people are…

Crypto Live NewsAuthor: Mustafa Mulla Jul 26, 2023 19:38Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017. Quantstamp, a blockchain security firm, has settled with the US Securities and Exchange Commission (SEC) over charges related to its $28 million initial coin offering (ICO) in 2019. The SEC alleged that Quantstamp violated securities laws by conducting an unregistered offering of securities. The company agreed to pay a $250,000 penalty, and will also return funds to its investors and register its tokens as securities. The…

Peer-to-peer crypto exchanges, which operate in a decentralized manner, have experienced a significant decline in their spot trading volumes over the past year. This decline is a striking contradiction to the optimistic forecasts made by crypto enthusiasts, who anticipated a “golden age” for decentralized exchanges following the collapse of crypto exchange FTX, eroding confidence in centralized platforms.  Surprisingly, these decentralized exchanges’ monthly spot trading volumes have plummeted by a staggering 76% to $21 billion between January 2022 and June of the current year. In comparison, centralized crypto platforms witnessed nearly 70% in decrease during the same period, as reported by…

Litecoin’s halving event is out of the way, but LTC is yet to register expected positive price action amidst weak Bitcoin price action. Source link

opBNB, which is a Layer 2 solution, has formed an exclusive association with COMBO, a top gaming-oriented Layer 2 technology. Together, they will be setting off a cross-chain activity, the focus remaining on uninterrupted interactions in terms of on-chain assets. They will be leading in matters related to innovation within the blockchain space and unleashing the strength of Layer 2 solutions. The activities will commence with the opportunity of being able to MINT Cobee NFT 3 Series Blind Boxes on the COMBO network. This will provide the option for all those who take part to expose special digital assets containing…

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Blockchain analytics company Arkham Intelligence announced a bounty for information about the identity of the hacker that compromised the now-defunct cryptocurrency exchange FTX. In the announcement, Arkham Intelligence promised a bounty of 100,000 ARKM (the platform’s own tokens) for a value exceeding $46,000. To obtain the bounty, “users need to identify the person or entity behind the hack.” Participants also need to deposit 10 ARKM — a measure meant to prevent spam submissions. The deposit of the person who will provide the right information will be…

Polygon Zero has strongly asserted against developers of Matter Labs, accusing them of directly lifting a significant portion of code from the Plonky2 Library. This claim surfaced on August 3 and revolved around the alleged replication of code within the zkSync platform, an Ethereum layer-2 scaling solution driven by zero-knowledge technology.  In blockchain initiatives, it’s common for these projects to share their code through open-source software licenses. This grants external developers the freedom to peruse, replicate, and sometimes even enhance the code as they see fit. Yet, customary practices within the community, alongside most open-source licenses, typically mandate that independent…

On Wednesday, August, 2, crypto exchange Bitstamp made a cryptic tweet teasing a new announcement and development for XRP. The exchange kept its promise and made the announcement. However, did it live up to the expectations and hype? The Big Announcement Popular digital asset exchange platform Bitstamp has recently unveiled its highly anticipated XRP announcement. The new feature allows users to stake their XRP holdings and earn long-term 2% APY in rewards. This offering is part of the platform’s creative Bitstamp Earn Lending Program, which offers users a reliable and secure means to lend their XRP holdings and earn rewards…

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied CCData, a global data provider, released a new report on cryptocurrency exchanges’ performance for July. The report analyzes the performance of the main cryptocurrency exchanges in the crypto industry in different market segments like spot and derivatives trading. According to the report, centralized exchanges have shown the lowest trading volume in the markets since 2021. The trading volume for the derivatives and spot markets went down to $2.36 trillion, falling by 12%. Binance keeps leading the market According to the report, Binance is leading the derivatives…