Author: CryptoHoppers

   Retroactive Rewards: The Past Meets the Present Magic Eden, a prominent player in the NFT marketplace, especially in the Solana (SOL) ecosystem, is setting the stage for a fascinating update. If you’re an active SOL NFT trader on Magic Eden, there’s exciting news for you! The platform has announced a ‘Diamonds airdrop’, slated for February 2nd, rewarding users for their past trading activities since 2021. This initiative is a nod to the platform’s commitment to recognizing and valuing user loyalty and engagement. The airdrop amount is speculated to correlate with your total trading volume. This approach not only acknowledges…

A team of chemists, led by Bartosz A. Grzybowski from the Korea Institute for Basic Science and the Polish Academy of Sciences, has embarked on an unprecedented initiative, utilizing blockchain technology to simulate over 4 billion chemical reactions crucial for unraveling the mysteries of early Earth’s origins. This groundbreaking approach repurposes cryptocurrency mining processes to tackle intricate scientific inquiries, showcasing the versatility of blockchain beyond its financial applications. The researchers set out to explore the potential emergence of primitive forms of metabolism without relying on enzymes. To accomplish this, they carefully selected primordial molecules like water, methane, and ammonia, and…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Chainlink (LINK) shows hints of recovery, which might see the token rise to fresh highs. Similarly, Stacks (STX) is firm, adding 407.6% year-to-date with room for more gains in the future. Meanwhile, some traders are exploring Meme Moguls (MGLS), a new crypto, to diversify.  Chainlink price forecast Chainlink is bullish and way above its 200-day EMA.  LINK is up 120% in the past year, moving from $14.25 to $16.43 in the last week. The uptrend remains valid since the…

A 3% jump in crypto’s total market cap signaled broad market gains, with Bitcoin weathering reduced sell pressure from Grayscale GBTC ETF outflows.  Bitcoin’s (BTC) charge above $41,000 on Jan. 26 bolstered market sentiment, triggering price appreciations for hundreds of cryptocurrencies. According to CoinMarketCap, some 10 tokens saw double-digit price increases in the last 24 hours.  Tokens include Bitcoin BRC-20 token 1000SATS (SATS) with a 21% jump. Conflux (CFX), the so-called ‘China’s Ethereum’ gained over 15% in second, while Ethereum Name Service (ENS) followed closely, increasing by 14%.  Conflux announced a Bitcoin L2 expected by mid-year. ENS received plaudits from…

A Winter Wonderland Through the Eyes of Alimo The world of NFTs is brimming with innovation and creativity, and today we’re zooming in on a fascinating new collection from Alimo, a name synonymous with vivid post-pop imagery and enchanting artistic landscapes. His latest work, aptly titled “Japanuary,” is more than just a collection; it’s a visual diary, a homage to his winter snowboarding adventures in Japan. Alimo: The Artist Behind the Canvas Before diving into “Japanuary,” let’s appreciate the artist himself. Alimo is renowned for his unique style that combines curvy post-pop imagery, highly saturated colors, and vibrant hand-drawn letters.…

A recent development shows that Bitcoin whales have refused to be deterred by the recent price action of the flagship cryptocurrency. Instead, they have chosen to see it as an opportunity to accumulate more BTC. This move could turn out to be really profitable based on a recent analysis by crypto analyst Ali Martinez.  An Increase In Bitcoin Whales Ali Martinez stated in an X (formerly Twitter) post that 46 new entities now hold 1,000 BTC or more, which represents a 3% increase in just two weeks. Data from BitInfoCharts further shows that there are now 1,898 wallet addresses holding…

Journalist Posted: December 26, 2023 The latest outage disabled block production for close to five hours. This was the second network outage in eight days. Popular layer-2 (L2) blockchain zkSync Era fixed a network glitch, one that disabled block production for close to five hours, as per an admission by the network developers on social platform X. Another glitch on zkSync Era The team stated that one of the network’s automated safety protocols was impacted by a bug in the server. However, the same was fully resolved. zkSync Era assured its users that a post-mortem report detailing the cause of…

Unlocking the Potential of Sei Network for NFT Artists and Projects Sei Network is swiftly carving out its place in the NFT landscape, leveraging its specialized blockchain technology to revolutionize digital asset exchange. As an open-source Layer 1 blockchain, Sei Network sets itself apart with its exceptional speed and efficiency, offering an ideal platform for a variety of applications, particularly NFT marketplaces. This platform is not just technologically advanced; it is also rich in resources, thanks to a substantial ecosystem fund aimed at empowering developers and creators. By focusing on speed, scalability, and community, Sei Network is fast becoming a…

The exchange rate of 1 USD to INR in 1947 was ₹3.30. In the subsequent years, the Indian rupee has been losing value against the US dollar. As of August 2, 2023, the exchange rate between USD and INR was ₹82.73. Between 1949 and 1966, the exchange rate of USD to INR was ₹4.76. This was a fixed exchange rate, meaning that it did not directly reflect the supply and demand for the US dollar and the Indian rupee. Still, these market forces would periodically influence decisions to adjust the exchange rate between USD and INR. Between 1966 and 1975,…

With Bitcoin coming back into action, savvy investors constantly seek new avenues to maximize their returns. One such approach involves turning attention to stocks related to Bitcoin, especially in the context of the 2024 Bitcoin Halving. This strategy merits consideration for several reasons, particularly when compared to directly investing in Bitcoin itself.Bitcoin halving has historically been a period of significant financial interest and market movement. Each halving event has led to a notable increase in Bitcoin’s value, underscoring the potential investment opportunities surrounding these occurrences. The upcoming 2024 halving is widely anticipated to create a similar bullish momentum in the…