Author: CryptoHoppers

Fresh Look: Navigating the New Digital Waters of BAYC The Bored Ape Yacht Club (BAYC), a flagship project in the NFT world known for its iconic ape-themed digital collectibles, is making waves with its website’s major facelift. This move underscores the club’s commitment to evolution and relevance in the fast-paced digital realm. The revamped website isn’t just a cosmetic upgrade; it’s a reimagined digital hub designed to enhance community engagement and ownership. With features that facilitate a more interactive delegate process, BAYC is reinforcing its ethos of community and exclusivity, especially with the “Clubhouse” feature aligning with the upcoming Soho…

Bitcoin holders indulged in profit-taking as prices tanked. The number of short positions taken against BTC also increased. Even though Bitcoin [BTC] witnessed a price correction earlier this month, many addresses holding the king coin remained positive. However, the patience of short-term holders seemed to be running out of late, as BTC slipped past its $42,000 support level. A rise in profit-taking According to analyst James Van Straten, the aggregate profit or loss of all transacted coins indicated a prolonged phase of profit-taking in Bitcoin. This kind of trend has not been witnessed in the past five years. The only…

Posted: November 27, 2020 China-based blockchain infrastructure provider, Blockchain Service Network or BSN, which is backed by the Chinese Government, today announced that it has added major blockchain protocols such as Polkadot, Oasis and Bityuan into its network. In a tweet published on 26 November, the firm announced:  Welcome @Polkadot @OasisProtocol @Bityuanofficial into the BSN family! pic.twitter.com/yD6LfMlNDb — BSN (@bsnbase) November 26, 2020 Now, the new integration will allow the cross-chain protocol Polkadot’s developers to connect to BSN’s public chain. Moreover, Polkadot allows users to interoperate with a wide variety of blockchains in the Polkadot network and also enable cross-blockchain transfers of…

Candlestick patterns are a powerful tool in crypto trading. They are highly popular among professional traders active in the crypto market. These patterns were developed back in the 16th century in Japan and so are time-tested and highly valuable. Crypto traders generally use these patterns to analyse market sentiment and price movement dynamics. It is time to get a basic idea about Candlestick patterns. Let’s start!1. What’re CandlesticksImagine candlesticks in crypto trading as a graphic storyteller, revealing the ongoing battle between buyers and sellers each day or each period – each period implies each hour in an hourly chart, each…

  As the digital art and NFT communities buzz with excitement, the Bored Ape Yacht Club (BAYC) is poised to unveil its Miami Clubhouse. While official details are still under wraps, the air is thick with anticipation and speculation. Here’s a glimpse into what we expect from this groundbreaking venture, along with the promise of more thrilling announcements from the BAYC team in the near future. 1. A Miami Clubhouse Beyond Imagination: We anticipate that the Miami Clubhouse will be a dazzling embodiment of the BAYC ethos. While it might not offer a global network of locations, its unique character,…

Crypto whales are buying up the correction in digital assets markets, according to blockchain tracking firm Lookonchain. Lookonchain says that as Ethereum dipped in price, a “smart whale” with a solid track record of profitable trades bought up the dip with over 3,600 ETH. “After the price of ETH dropped [on Friday], this smart whale bought 3,600 ETH ($8.9 million) back at a lower price… This whale is very good at buying ETH at low prices and selling ETH at highs. The profit is ~$25.8 million currently!”  Source: Lookonchain/X At time of writing, ETH is trading at $2,470. Lookonchain also…

OpenAI CEO Sam Altman is actively seeking funding to establish a global chip fabrication plant network. This move underscores the intensifying race among tech giants to secure a foothold in the semiconductor industry, essential for advancing artificial intelligence technologies. OpenAI’s global chip fabrication ambition Altman’s strategy involves raising substantial capital to set up these facilities, known as fabs, across various global locations. This initiative is about expanding OpenAI’s technological capabilities and forging key partnerships in the semiconductor industry. According to a Bloomberg report on January 19, discussions are underway with several potential investors, including Abu Dhabi-based G42 and Japan’s SoftBank…

For hundreds of years, people have been using candlestick patterns to figure out where price might go in the financial markets. Still, people have not yet fully explored the complete potential of these patterns. To really make sense of them, we need to understand the concept more deeply. So, let’s dive in and discover all the important things you should know to unlock the complete potential of Candlestick Patterns.1. What is a Candlestick Pattern Candlestick patterns are like a secret code. When we see certain shapes made by candles on the chart, it is like the market giving us a hint…

Embracing a New Era: The Convergence of AI, Blockchain, and Fashion The fashion industry, a realm traditionally ruled by design and textiles, is standing on the cusp of a revolutionary transformation, thanks to the synergistic fusion of Artificial Intelligence (AI) and Web3 technologies. As we embark on 2024, this blend is not just a trend but a paradigm shift, redefining the very essence of fashion, from creation to ownership. Let’s delve into how this potent combination is setting the stage for a groundbreaking year in the fashion world. The Dawn of Digital Ownership Digital ownership, primarily facilitated by blockchain technology,…

The Commodity Futures Trading Commission charged digital asset platform Debiex with fraud after the agency said it used a romance scam tactic known as “pig butchering” to take $2.3 million from investors. The CFTC charged Debiex and Zhāng Chéng Yáng, who the agency says might have acted as a so-called “money mule” for the platform. The complaint was filed in the U.S. District Court for the District of Arizona this week. Unidentified people involved with Debiex “cultivated friendly or romantic relationships with potential customers” by lying to get their trust and then asked them to open and fund trading accounts with Debiex,…