Author: CryptoHoppers

As we navigate the complexities of the digital revolution, we are witnessing the birth of a new era in the cryptocurrency sphere. Polygon Labs announced the ambitious blueprint for Polygon 2.0 on June 12, 2023. This set of proposed upgrades is designed to radically reimagine almost every aspect of Polygon, from protocol architecture to tokenomics and governance. Before we delve into the details of Polygon 2.0, let’s shed some light on the historical development of Polygon, formerly known as Matic Network. The Polygon Journey Launched in 2017, Polygon began as an offshoot of Ethereum, specifically designed to resolve scalability and…

If you invest $100 into Bitcoin today, don’t expect to make a fortune. However, you could still make some solid gains if your bet on Bitcoin pays off.  Many people who are interested in crypto would like to get started with smaller amounts, which is entirely reasonable given that cryptocurrencies are risky investments. The prices of cryptocurrencies can go through large fluctuations in a short period of time—a 30% price drop or gain in a single day is not unheard of in the cryptocurrency market.  If you’re looking to make your first steps into the world of crypto, the most obvious…

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The market structure was bearish and a downtrend was in progress. The selling pressure remained strong and a reversal was not yet in sight. A week ago on 7 June, Ethereum prices climbed hopefully toward the $1900 mark. A previous report highlighted the $1890-$1930 as a stiff zone of resistance. Since then, ETH has posted losses on the price charts. Read Ethereum’s [ETH] Price Prediction 2023-24 The total value of ETH 2.0’s Deposit Contract reached an ATH on 13…

adidas Originals, known for its pioneering spirit and dedication to creativity, is entering a groundbreaking collaboration with the visionary artist FEWOCiOUS. This partnership marks an exciting chapter in adidas Originals’ journey of artistic exploration, cultural celebration, and Web3 innovation. The collaboration weaves together the Trefoil’s ethos of innovation with the distinctive creative style of FEWOCiOUS, promising a dynamic mix of physical and digital products. FEWOCiOUS, or Victor Langlois, has emerged as a leading figure in the ever-growing Web3 art community. He captivates audiences with his playful style, bold aesthetics, and deeply personal narrative, recounting his experiences as a transgender youth.…

Lama joins Gate.io, Crypto.com, and Bybit amongst other crypto trading platforms in offering crypto debit cards to customers. Crypto exchange Lama has launched its own branded cards from Visa Inc (NYSE: V). According to a press release shared with Coinspeaker, these cards can enable quick conversion of cryptocurrencies to fiat currencies, allowing users to spend their digital assets and Euros everywhere Visa is accepted. Lama offers both physical and virtual Visa cards to cater to the diverse preferences of its user base. The physical card can be used for in-person transactions, just like any conventional debit or credit card. On…

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied R3 has rolled out an upgrade of Corda, its enterprise-grade distributed ledger technology  (DLT) network. The team claims the next-gen Corda offers users increased scalability, interoperability, privacy, and security. R3 completes Corda update  R3, a provider of enterprise-grade distributed ledger technology (DLT) solutions, has announced the public beta release of its Corda upgrade. Corda is a DLT infrastructure that enables institutions to leverage blockchain technology for a secure exchange of value. According to a press release by the company, the latest Corda update enables high availability,…

The divergence between transaction count and transfer volume in May indicated that retail investors were dominant. The number of coins in self-custody continued to rise steadily. The crypto space was wrecked by one of the biggest implosions ever in May 2022 – the collapse of Terra [LUNA] token, marking the beginning of the bloody bear market. Prices of top digital assets went downhill and were yet to recover from the shock. Are your BTC holdings flashing green? Check the Profit Calculator Typically, situations like this put to the test the resiliency of individual investors who are the first to leave the…

Graham Steele, Assistant Secretary for Financial Institutions, underlined the potential risks of a retail CBDC. Steele believes that having several options for payment operations promotes competition in payments. The U.S. Treasury Department is looking into ways to keep retail transactions in a potential digital dollar as private and anonymous as possible, said Graham Steele, the Assistant Secretary for Financial Institutions. He added that the U.S. hasn’t yet determined whether to go ahead with a central bank digital currency (CBDC). Steele, at the Transform Payments USA 2023 Conference held in Texas, also said “It is important that we consider the extent to which…

An analyst who nailed the 2018 bear market bottom for Bitcoin (BTC) believes that the crypto king’s correction is not yet over. Pseudonymous crypto strategist Bluntz tells his 223,000 Twitter followers that he expects Bitcoin to go on a quick bounce before resuming its downtrend. According to the trader, Bitcoin’s bearish chart suggests that more bad news stories could be in store for the crypto space. “Now that price action has unfolded a bit longer, I think sub-$24,000 is probably likely. It definitely feels like some kind of sideways-running triangle forming here on the four-hour (chart) with the underlying trend…

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Dr. Emin Gün Sirer, who leads the development of the Avalanche protocol, is set to testify before the U.S. House Financial Services Committee. Computer scientist and key developer of the Avalanche protocol, Dr. Emin Gün Sirer, is poised to testify before the U.S. House Financial Services Committee. The announcement was first revealed via a tweet, and Sirer himself later confirmed this, expressing gratitude for the opportunity on his own Twitter feed. My written testimony for the House Financial Services Committee hearing on blockchains and the future…