Author: CryptoHoppers

Bitcoin and Gold reached a monthly average correlation of 70%, which is an all-time high. The previous peak was 60%, which was reached earlier in the second quarter of 2020. It indicates that investors treat Bitcoin as an asset like gold, and it has a store of value for the long term, especially during economic turmoil. After the pandemic, both gold and Bitcoin rose sharply because of fiat money printing by governments. In this uncertain time, both crypto markets, assets, and stock markets have been observing an outflow throughout this year. Still, Bitcoin and Gold perform well in this uncertain…

eCash has introduced yet another robust feature with eCash Alias development to provide tradable and customizable usernames for eCash transactions. Users do not have to use complicated cryptocurrency addresses anymore, thanks to eCash Aliases development.  https://t.co/jrOT0DwHdq — eCash (@eCashOfficial) June 20, 2023 Cryptocurrency has had a user experience problem, and let’s be honest, cryptography is quite complicated to comprehend for common people. Keeping that in mind, eCash has designed a system where users can have total control over their funds. It has also made the user experience as conveniently accessible as possible.  A majority of the user-friendly cryptocurrency products are…

The easiest way to understand what Rebase is about is by thinking of it as the Web3 Pokemon Go for urban exploring.At its core, Rebase employs geolocation technology to overlay a virtual world onto the physical world, creating immersive experiences similar to a treasure hunt.We now live in a world in which the boundaries between the digital and physical worlds are constantly blurring.Through the high accessibility that technologies like mobile devices, the Internet of Things (IoT), virtual and augmented reality, artificial intelligence, and blockchain provide, the digital realm is an ever-present one. Augmented Reality (AR) is probably the technology that better…

BlackRock, the world’s largest asset manager, applied with the US Securities and Exchange Commission (SEC) for its iShares Bitcoin (BTC) Trust to be listed and traded on the Nasdaq stock exchange. However, the SEC has previously expressed concerns about the potential for market manipulation related to Bitcoin prices and has cited this as a reason for rejecting previous applications for BTC ETFs.  To address this concern, BlackRock has partnered with Nasdaq to enter into a surveillance-sharing agreement with an operator of a spot trading platform for Bitcoin. Potential Approval For Blackrock’s Spot Bitcoin ETF The iShares Bitcoin Trust, filed by BlackRock,…

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied FIFA, the international governing body of soccer, has submitted trademark applications regarding the metaverse as part of its “WE ARE” initiative. In a display of its expanding interest in virtual reality (VR), the Federation Internationale de Football Association (FIFA) has filed for trademarks across nine additional categories. The recently revealed trademarks, shared on Twitter by intellectual property attorney Mike Kondoudis, highlight FIFA’s growing emphasis on using VR in gaming, fashion, and entertainment. The trademarks serve to safeguard a diverse array of potential online services. They encompass…

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin (BTC) has been moving between $24,800 and $27,300 over the past two weeks when the US Securities and Exchange Commission (SEC) sued Binance and Coinbase. BTC, the largest cryptocurrency, took two major plunges on June 5 and June 15 but gained traction over the past week. It registered a 2.7% rise in the last seven days. Bitcoin is up by 1.3% in the past 24 hours and trading at $26,790 at the time of writing. BTC price – June 20 | Source: Trading View While…

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. ATOM’s 19.5% gains saw it reclaim key support level. The futures market leaned towards bearishness despite recent gains. The past seven days have seen Cosmos [ATOM] shake off some uncertainty after it was named in the US SEC lawsuit against major cryptocurrencies. ATOM posted gains of 19.5% within the seven-day period to reclaim the $8.53 support level. Read Cosmos [ATOM] Price Prediction 2023-24 With Bitcoin [BTC] consolidating at the $26.5k price zone, bulls could be looking to register further…

In the latest development surrounding Binance, the world’s largest cryptocurrency exchange, the company has officially canceled its registration in the United Kingdom. The UK Financial Conduct Authority (FCA) approved Binance’s request to deregister Binance Markets Limited (BML) (BML) on May 30, 2023, effectively ending its authorization to provide regulated services in the country. While the termination of Binance’s registration with the FCA may seem significant, it will not impact the exchange’s operations as BML never conducted any business or had users in the UK. Ilir Laro, Binance’s sub-regional manager for growth in the UK and Europe, clarified that BML had…

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied International Monetary Fund (IMF) managing director Kristalina Georgieva revealed that the IMF is actively developing a platform dedicated to facilitating transactions between countries via central bank digital currencies (CBDCs). This move reflects the IMF’s commitment to fostering global interoperability by encouraging central banks to establish a unified regulatory framework for digital currencies. Avoiding fragmented national approaches Speaking at a conference attended by African central banks in Rabat, Morocco, IMF managing director Kristalina Georgieva emphasized the importance of avoiding fragmented national approaches when it comes to CBDCs.…

B2Broker, a tier-1 provider of liquidity in the Forex and cryptocurrency markets, has expanded its range of liquidity offerings to include Non-Deliverable Forwards (NDFs), giving clients even more asset options and enabling them to control risk more effectively. B2Broker sets industry standards by offering clients a wide range of liquidity options across all major asset classes. Now, among them are: Rolling Spot FX & Precious Metals Equity Indices Energies Commodities Crypto Derivatives/CFDs Single Stocks/CFDs ETFs NDFs By offering richer liquidity capabilities, B2Broker strives to remain one step ahead of its competitors in meeting the liquidity needs of its clients. What…