Author: CryptoHoppers

Journalist Posted: September 9, 2023 The price of Grayscale Ethereum Trust (ETHE) saw an uptick following recent ETF filings made by Ark Invest and 21Shares. This has been driven by the hopes of a potential conversion of the ETHE into an ETF. The value of Grayscale Ethereum Trust (ETHE) has approached its year-to-date high of $12.06 following the recent ETF filings made by Ark Invest and 21Shares, data from IntoTheBlock showed. Source: IntoTheBlock Read Ethereum’s [ETH] Price Prediction 2023-24 Grayscale’s ETHE product is a trust that holds the leading altcoin Ethereum [ETH]. Investors can buy shares of ETHE, gaining exposure to the…

Ant Group Digital Technologies, linked to China’s Alibaba Group, has unveiled ZAN, a brand dedicated to providing blockchain development tools. Ant Group Digital Technologies, an affiliate company of the Chinese conglomerate Alibaba Group, recently announced the launch of ZAN. The new brand will offer a range of blockchain development products and services aimed at meeting the needs of both institutional and individual web3 developers. The announcement, made at this year’s Inclusion Conference on the Bund, emphasized resolving key issues that the emerging web3 sector faces, including regulatory compliance and security. For institutions, ZAN offers specialized solutions for issuing and managing…

In an announcement that’s shaking up the NFT space, OnChainMonkey NFT collection is making a daring transition. The collection is moving its comprehensive array of 10,000 NFTs from Ethereum to Bitcoin. As first reported by Cointelegraph, this massive transition is set to span several months and is a testament to the overwhelming trust the community has in Bitcoin’s unparalleled security and decentralization mechanisms. Deciphering the Bold Move Danny Yang, CEO of Metagood, unveiled this impending transition on September 7th. He emphasized that their prime collection, OCM Genesis, will transition from Ethereum’s realm to that of Bitcoin. Originally launched on Ethereum…

Ethereum co-founder Vitalik Buterin has joined forces with core developer Ameen Soleimani, Chainalysis researcher Jacob Illum, and industry scholars Fabian Schar and Matthias Nadler to co-author a groundbreaking research paper.  In a move aimed at bolstering privacy on the Ethereum blockchain while navigating regulatory scrutiny, the paper introduces “Privacy Pools,” designed to serve as a compliant alternative to the now-blacklisted Tornado Cash. The blacklisting of Tornado Cash by the US Department of the Treasury, in collaboration with the Department of Justice (DOJ) and the IRS, sent shockwaves through the cryptocurrency community. Its developers, Roman Storm and Roman Semenov, were accused…

Visa is strengthening its embrace of cryptocurrencies by expanding support for USDC stablecoin settlements on the high-speed Solana blockchain network.On Tuesday, Visa announced it was one of the first major financial institutions to leverage Solana for scaling stablecoin settlements. The move builds on previous USDC integrations by Visa on Ethereum.Visa is also initiating USDC settlement pilots through merchant acquirers like WorldPay and Nuvei. Their business clients can now opt to receive settlements in USDC stablecoins rather than fiat currency.According to Visa’s head of crypto, Cuy Sheffield, adopting stablecoins and public blockchains will enhance the speed of cross-border payments and modernize…

In recent times, DFZ has expertly meshed art and culture with groundbreaking tech innovations. Their origins as a PFP project have given rise to an array of remarkable developments like hologram rigs and interoperability assets, including pixelfellaz and voxelfellaz. But the magnum opus, the grand vision, has always been their very own gaming venture. And why not? The gaming industry holds the promise of seamlessly integrating web3 tech with DFZ’s unique IP, and more importantly, there’s an unequivocal passion for gaming and TCGs within the DFZ team. ????RIP TCG Vaults 8th of September????https://t.co/iMfu3Kybm1 #RIPTCGs pic.twitter.com/eUBFzeF1Vh — Deadfellaz (@Deadfellaz) September 6,…

The bankrupt crypto lender Celsius filed an adversary complaint against EquitiesFirst Holdings on Sept. 6. EquitiesFirst Holdings is an Indianapolis-based private lending company that owed Celsius nearly $439 million worth of cash and bitcoin (BTC). Initially, Celsius took collateralized loans in 2019 to help support its operations. Later on, in July 2021, Celsius aimed to retrieve the collateral it had pledged to EquitiesFirst, but EquitiesFirst couldn’t return the assets that Celsius provided. Celsius, a digital-asset lending firm, filed for Chapter 11 bankruptcy protection in July. The company cited the decline in cryptocurrency prices as the reason for its financial difficulties,…

Journalist Posted: September 7, 2023 Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Tron was able to breach the bearish breaker block from July. The short-term momentum and capital flow favored the buyers. Tron [TRX] saw a bullish market structure develop over the past two days, even as the prices fluttered within a resistance zone. This was a sign that buyers had the upper hand in the near term. Is your portfolio green? Check out the TRX Profit Calculator A recent report highlighted the expectation that TRX…

Bitcoin price is still consolidating above $25,500. BTC might attempt an upside correction, but upsides might be limited above the $26,200 resistance. Bitcoin is still trading in a range above the $25,500 support zone. The price is trading below $26,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance near $25,950 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could attempt to recover but the bears might remain active near $26,200. Bitcoin Price Stuck In Range Bitcoin price made another attempt to clear the $26,000 resistance…

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Amid executive departures and trading suspensions, Binance faces liquidity concerns as whale activity reveals a complex pattern. Binance, the world’s leading crypto exchange, remains under scrutiny while the community maintains a cautious stance concerning its general liquidity. In the past week, several high-level executives from the exchange’s APAC and Eastern Europe divisions have resigned. Moreover, Binance has temporarily suspended trading of multiple altcoins, including the BUSD stablecoin, in response to mounting regulatory pressure. As these issues converge, whales appear to be changing tact, shuffling coins around.…