Author: CryptoHoppers
There is a common misconception among crypto traders that technical indicators, which rely on complex concepts, yield better results than those based on simple ideas. You might also share a similar perspective. However, it is essential to understand that it is often beneficial to work with indicators whose concepts are simple and easy to grasp. If you don’t fully comprehend how an indicator works, it might not give you the results you are hoping for. Let’s explore a highly effective indicator that originates from a simple concept, Bollinger Bands. 1. What is Bollinger Band in Crypto Trading Bollinger Bands are primarily a tool…
Ryder Ripps and Pauly Hit Hard in Yuga Labs Lawsuit In a breaking development, individuals Ryder Ripps and Pauly have been ordered to pay substantial damages to Yuga Labs. The court has ruled that they must fork over more than $1.5 million to Yuga Labs. Adding salt to the wound, the duo is compelled to transfer control of the RR/BAYC smart contract over to Yuga Labs. This smart contract likely has significant implications in the NFT space, and its control could be pivotal for Yuga’s future endeavors. This court directive adds another layer to Yuga Labs’ already significant victory, pulling…
Crypto terrorism funding is at the focus of analysts today as concerns have been raised about the use of digital assets in funding militant organizations, with a particular focus on Hamas. However, blockchain forensics firm Elliptic is challenging the notion that crypto has played a significant role in terrorist financing, emphasizing the misrepresentation of recent figures. Elliptic, a firm specializing in blockchain forensics, has pointed out that the scale of crypto fundraising by Hamas may not be as substantial as recent reports suggest. In a statement, they said that there is little concrete evidence to support the claim that terrorist…
The World Bank International Bank for Reconstruction and Development (IBRD) has taken a pioneering stride in the realm of blockchain and digital finance, spearheading a groundbreaking €100 million digitally native note (DNN) issuance. Facilitated by Euroclear’s cutting-edge distributed ledger technology (DLT) issuance platform, this monumental event has garnered significant attention across the global financial landscape. The announcement of the listing of the blockchain bond on the Luxembourg Stock Exchange has marked a significant milestone in the financial industry. Notably, Citi played a pivotal role as the issuing and paying agent, while TD Securities assumed the responsibility of the dealer. Euroclear…
In the world of crypto trading, knowing how to use crypto indicators is crucial for traders. Typically, when a trader identifies a positive trading signal, they rely on a combination of three or four indicators to confirm the signal before entering a trade. This is the standard approach used by professional traders. There are many indicators available, and it is not necessary for a trader to understand all of them. However, there are a few key indicators that traders should be familiar with. One of the most significant ones is certainly Moving Averages Convergence Divergence (MACD). Let’s learn everything that…
FTX and its sister platform, Alameda Research, have recently transferred $10 million worth of crypto assets to Coinbase, Binance and Wintermute. These transfers came from three addresses associated with FTX and Alameda, with the funds consolidated into one central address. The movements have triggered speculation of an impending selloff amid FTX founder Sam Bankman-Fried’s criminal trial in a United States court. Notably, an FTX-affiliated address sent 2,904 Ether (ETH) worth $5.14 million to the central address, according to security firm PeckShield. On-chain data confirms that this transaction occurred yesterday at 08:16 PM UTC. A few minutes after receiving the 2,904…
Artificial intelligence (AI) is taking the world by storm, transforming every industry from healthcare to finance. AI is powering cutting-edge innovations like self-driving cars, real-time language translation, and personalized recommendations. According to a PwC report, AI could contribute up to $15.7 trillion to the global economy by 2030. The AI revolution has now reached the world of cryptocurrencies and blockchain technology. The unique capabilities of AI are being combined with the advantages of blockchain such as transparency, security, and decentralization. This is giving rise to a new generation of AI crypto projects that are pushing the boundaries of what is…
In the ever-evolving world of NFTs, innovation is the cornerstone of progress. Enter Shipyard, a groundbreaking initiative that’s poised to redefine the way NFT creators and developers operate. In this blog post, we delve into the intricacies of Shipyard, an open-source collection of Solidity contracts that promises to revolutionize the NFT landscape. Our hope is that Shipyard can serve as a hub for NFT-related development — making it easier for technical creators to start building their own NFTs, and to present a set of shared standards and best practices so more people can learn. Background: Smart contract development within the…
The TON Believers fund will freeze depositors’ coins for two years, after which TON deposits will be vested monthly with rewards for a further three years. The Open Network community has locked up nearly 25% of the Toncoin (TON) supply for five years to “bring predictability to Toncoin tokenomics.” In a Telegram post on Oct. 23, TON Community said that 1.3 billion TONs (valued nearly $3 billion) have been put in the Locker smart contract. “The result demonstrates the long-term commitment many contributors have to the Toncoin project.” TON Community What is TON Believers fund Supported by the TON Foundation,…
Miami, Florida, October 23rd, 2023, ChainwireSupra, a leading provider of secure, scalable oracles for decentralized applications (dApps), today announced a partnership with Google Cloud to bring fast and reliable price feeds to Web2 and Web3 financial markets. The partnership will allow Supra to leverage Google Cloud’s infrastructure and expertise to provide dApps with access to real-time price data from a variety of sources, including exchanges, OTC markets, and various data providers. This will enable dApps to build more reliable and efficient trading applications that are better aligned with the real world. “We are honored to partner with Google Cloud to bring our…