Author: CryptoHoppers

Google Cloud has partnered with MultiversX to enhance their presence in the Web 3.0 space. This collaboration aims to streamline large-scale data-centric blockchain projects and enable developers to access critical data effectively. Google Cloud and blockchain infrastructure company MultiversX (formerly Elrond) have joined forces to enhance their presence in the Web 3.0 space. Google Cloud has integrated MultiversX into its platform, offering support for Web 3.0 projects. Thus, users will be able to leverage robust data analytics and artificial intelligence tools within Google Cloud’s ecosystem. The collaboration will facilitate the efficient execution of data-centric blockchain projects at scale. It aims…

Not all indicators rely on the same type of input. Just as some indicators use price data as their input, there are also indicators that depend on volume data. Among these indicators, On-Balance Volume stands out as one of the most prominent. It is time to explore this indicator and learn how to use it for ultimate success in cryptocurrency trading. 1. On-Balance Volume: What’s ItOn-Balance Volume (OBV) is a volume-focused technical indicator, widely used by crypto traders. It predicts price movements by analysing trading volume. Created by Joseph Granville in 1963, OBV tracks buying and selling pressure almost accurately. Granville…

TL;DR: Beeple Studios is hosting the “Crypto Winter Wonderland” event on December 16th, 2023, in Charleston, SC, celebrating the resilience of the crypto and NFT communities. The event boasts artist showcases, real-time visuals, prizes, and a chance to connect with fellow enthusiasts. The realm of cryptocurrencies and NFTs has always been one of turbulence, innovation, and relentless dynamism. Amidst the tumultuous climate known colloquially as the “crypto winter,” Beeple Studios is standing tall, unwavering, and inviting enthusiasts to commemorate this perseverance. Event Details: Venue: Beeple Studios Date: December 16th, 2023 Time: 8:00 PM – 12:00 AM Location: 2325 Charleston Regional…

The anticipated altcoin season could still happen before Bitcoin’s next halving. Altcoins like INJ, LINK, and SOL are showing signs of strength and readiness for a rally. For most of the second half (H2) of 2023, there was speculation that an altcoin season was nearby. But to the disappointment of the eagerly anticipated, altcoins could not fulfill the expectation.  How much are 1,10,100 BTCs worth today? For context, an altcoin season describes a period where cryptocurrencies outperform Bitcoin [BTC]. Patience is the name of the game However, trader and founder of MN Trading Michaël van de Poppe opined that the…

In an unexpected turn of events, the Aptos blockchain, renowned for its use of the Move language, has been offline for more than four hours. AptoScan’s block explorer reveals that on-chain transactions abruptly ceased at block 104621314, with the last recorded transaction timestamped at 7:11 UTC+8 on October 19, 2023.Major Exchanges Hit Pause!This disruption has led major exchanges like Upbit and OKX to suspend deposits and Aptos (APT) token withdrawals.Aptos blockchain has down for more than four hours. According to the AptoScan block explorer, on-chain transactions on the Move language blockchain Aptos have stopped at block 104621314. The last transaction…

Nature can teach us many things. Did you know that there is a crypto trading indicator that operates based on a mysterious calculation inspired by nature? Yes, we are talking about Fibonacci Retracement Levels. This tool is considered a remarkable asset in the world of crypto trading. While some have questioned the reasoning behind using this calculation to make trading decisions, the tool remains popular among traders due to the impressive results it offers. Definitely, it is worth taking a few minutes to learn about this exceptional tool. Let’s start!1. Fibonacci Retracement Levels: What You Should Know Fibonacci Retracement is an…

A crypto trader is issuing a warning on a low-cap altcoin that has enjoyed triple-digit price appreciation in a month. Pseudonymous crypto analyst Altcoin Sherpa tells his 196,900 followers on the X social media platform that the decentralized applications (DApps) platform Loom Network (LOOM) is “on the way down” after experiencing “fast bull moves” over the past 30 days. LOOM rose from its September 19th close of $0.0462 to a five-year high of $0.407 earlier this week. According to Altcoin Sherpa, LOOM could rise modestly over the short term before resuming the downtrend and inflicting “more pain” as it lacks…

Zug, Switzerland, October 18th, 2023, ChainwireToday, The Open Network Foundation (TON Foundation), the non-profit Swiss organization working towards growing a Web3 ecosystem within Telegram, has announced a collaborative endeavor with Blockchain.com, one of the world’s most trusted and popular platforms for retail customers and institutions to buy, sell, and trade cryptocurrency. Through this collaboration, Blockchain.com and TON Foundation will make crypto more accessible for the over 800 million monthly active users on Telegram. In September 2023, TON Space, the TON-based self-custody cryptocurrency wallet developed by the team behind Wallet, was made available in the Telegram settings menu for existing users of…

In a recent open letter, Daniel Alegre, CEO of Yuga Labs, the umbrella company behind some of the most celebrated NFT projects like Bored Ape Yacht Club (BAYC) and CryptoPunks, spoke candidly about the state of affairs within the company and its community. Alegre’s letter stands out as a testament to transparent leadership, especially in a high-stakes, rapidly evolving sector like NFTs. Six Months In and All Ears Alegre has been at the helm for six months, and his opening remarks showcase a humbling reality—he doesn’t claim to know it all. On his initial day, he was advised that understanding…

Bitcoin (BTC) enthusiasts and investors are keeping a watchful eye on the ever-volatile cryptocurrency market as the clock ticks closer to the highly anticipated halving event in April 2024. Benjamin Cowen, a well-known crypto analyst with a substantial following, has raised concerns about the potential for a significant price drop in Bitcoin before this upcoming halving. In a recent interview with Scott Melker, Cowen delved into the historical patterns surrounding the alpha coin’s price movements in the lead-up to halving events. He highlighted that, while he didn’t explicitly predict a 50% drop, historical data suggests that such a decline is…