Author: CryptoHoppers

The two sides, then, were known as Big Blockers and Small Blockers, and they were split over a rather small technical decision: how many megabytes of data a BTC block should handle. Big Blockers wanted to increase the block size to accompany more transactions, lowering fees and making everyday payments more viable. Small Blockers were more conservative, both in the way their name suggests, as well as in not wanting to make irreversible changes to Bitcoin’s source code. Big blocks would enable more people to use bitcoin, increasing throughput, but would also require a protocol update known as a hard…

The law is built on definitions. And “blockchain” may soon be getting formally defined by the U.S. federal government.To date, the 50 U.S. states have been left to their own devices in how they legislatively approach blockchain tech and the cryptoeconomy. What’s been missing has been overriding top-down federal guidance to steer the states’ respective blockchain policies.But the beginning of such guidance could be nigh, if new activity in the U.S. Senate is any indication.What’s in a Word?This week, the Senate Commerce, Science and Transportation Committee — which is tasked with providing domestic oversight on matters like America’s competitiveness, the…

The U.S. Securities and Exchange Commission believes Filecoin’s FIL token qualifies a security, according to a Wednesday announcement from Grayscale Investments.The major crypto investment firm launched its Grayscale Filecoin Trust in March 2021, which gives investors indirect exposure to FIL. (Disclosure: Protocol Labs, the company behind Filecoin, is one of Decrypt’s 22 investors.) As part of the firm’s outlined product lifecycle, Grayscale voluntarily filed Form 10 with the SEC to obtain SEC reporting status.But the SEC told Grayscale in a letter yesterday that FIL “meets the definition of a security under the federal securities laws” and, therefore, the application must be…

In the world of cryptocurrencies, strange and unexpected events are not uncommon. The latest puzzling development revolves around Shiba Inu (SHIB), as trillions of these tokens have mysteriously found their way into large holders’ accounts, often called whales. The influx of SHIB tokens into these wallets has caught the attention of crypto enthusiasts and analysts, sparking curiosity and speculation about the motives behind these substantial transfers. Interestingly, regardless of this activity, SHIB has only continued to move in a downward trend.  Large Shiba Inu Holders Record Large Inflows According to data provided by the crypto intelligence portal IntoTheBlock, the past…

Ethereum price is struggling below the $1,840 resistance against the US Dollar. ETH could face bearish moves if there is a break below the $1,800 support. Ethereum is currently facing a strong barrier near the $1,850 resistance zone. The price is trading below $1,820 and the 100-hourly Simple Moving Average. There is a key rising channel forming with support near $1,800 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a steady decline if there is a clear move below the $1,800 support. Ethereum Price Faces Uphill Task Ethereum’s price started a decent upward move…

The popular cryptocurrency known as Bitcoin is a multi-faceted coin serving many different purposes. It offers many benefits one can’t get when using fiat currency. Furthermore, a coin with high growth potential piqued investors’ interest. Due to its high-profit potential compared to fiat currency, many are now interested in learning how to invest in BTC. Technology has made it easy to trade Bitcoin with so many exchange platforms and trading apps. Consequently, many nations are currently validating the coin’s use as payment. This situation has further increased the currency’s value, with the number of owners increasing with fewer people dumping…

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.Conflux Network is down -4.78{ee212069bfc2680724ddd6b0d505d051cd6a6be760d8da0a6a57844f2abae5c8} today against the US DollarCFX/BTC decreased by -5.84{ee212069bfc2680724ddd6b0d505d051cd6a6be760d8da0a6a57844f2abae5c8} todayCFX/ETH decreased by -4.67{ee212069bfc2680724ddd6b0d505d051cd6a6be760d8da0a6a57844f2abae5c8} todayConflux Network is currently trading 29.53{ee212069bfc2680724ddd6b0d505d051cd6a6be760d8da0a6a57844f2abae5c8} above our prediction on May 22, 2023Conflux Network dropped -15.23{ee212069bfc2680724ddd6b0d505d051cd6a6be760d8da0a6a57844f2abae5c8} in the last month and is up 255.00{ee212069bfc2680724ddd6b0d505d051cd6a6be760d8da0a6a57844f2abae5c8} since 1 year agoConflux Network…

‘The trend is your friend’. We’ve all heard it, and it makes perfectly logical sense; but in practice, this advice is so opaque that it’s practically worthless. Because even if you’re on the ‘right’ side of whatever trend is showing at the moment, the timing and entry into that setup is likely what’s going to determine one’s success or failure on that individual trade. So, it’s not enough to just find the direction of the trend and then ‘hope’ that we’re right; we also have to find support (or resistance for down-trends), we need to be patient and exercise discipline…

As blockchain gaming continues to evolve and become more adopted in entertainment, it’s natural to contemplate the future of the industry.  The future of blockchain gaming is promising and will likely see significant growth in the coming years, including mainstream adoption as more businesses endorse blockchain technology. More traditional game developers may incorporate blockchain technology into their games, leading to increased mainstream adoption. One primary challenge for blockchain gaming will be overcoming entry barriers for players and organizations. Emerging market players like DeFi Kingdoms, 0xBattleGround and CryptoBeasts are built around DeFi models focusing on decentralization and players’ ownership of in-game…

Donald Trump’s tweet about cryptocurrencies has undoubtedly sparked hubbub about this budding class, especially the legality of it all and how it fits into the world of traditional finance. Unsurprisingly, those close to the American president have followed his lead, sparking discourse about Bitcoin and its altcoin brethren.One such commentator was Steven Mnuchin, the U.S. Treasury Secretary. Speaking to CNBC, the politician reaffirmed the idea that Bitcoin is somewhat of a criminal’s tool.“Very Strong” Crypto Regulations On Their WayCryptocurrencies may soon be subject to “very, very strong” regulations — according to Treasury Secretary Mnuchin anyway. Elaborating to the CNBC “Squawk…