Author: CryptoHoppers

The crypto market can offer diverse opportunities. Out of this, analysts have picked out three projects that can post gains by December 2023. These coins are Axie Infinity, The Sandbox, and Tradecurve Markets. Axie Infinity trying to attract more users  Axie Infinity is a platform that allows gamers to enjoy various games and trade non-fungible tokens (NFTs) for profits. However, the project has experienced poor performance in 2023.  Despite reaching a peak of $13.94 in January, AXS prices crashed below the $5 support level. The team is working hard to attract new users by offering recent competitions, quests, and products like…

Volcano Energy and Luxor have created Lava Pool, making it the first Bitcoin mining pool in El Salvador. The objective is to tap into the geothermal energy resources of the country. The development comes almost two years after El Salvador announced making BTC a legal tender. Volcano Energy will now mine Bitcoin in the country and contribute 23% of its net income to the government. This will be done under the private-public partnership initiative. BTC will be mined exclusively from the pool. The Hashrate Forward Marketplace of Luxor will back the operations. The Marketplace will provide advanced hedging strategies to…

In the ever-evolving landscape of cryptocurrency, two formidable forces are poised to steer the industry into an unprecedented bull run, according to Arthur Hayes, the co-founder of BitMEX.  In a recent interview, Hayes delved into the transformative potential of artificial intelligence (AI) commercialization and the relentless money printing by the Federal Reserve, setting the stage for a thrilling period in the cryptocurrency domain. The rise of artificial intelligence in recent times has been nothing short of remarkable. AI, once confined to the realm of science fiction, is now a tangible force reshaping industries across the board. From healthcare to finance,…

Established in 2005, MultiBank Group aims to bring regulation and safety to the financial industry, creating a trusted trading environment.Over the past years, it has evolved into one of the largest financial derivatives institutions, holding more than 12 licenses worldwide, operating from 25 global offices, serving over 1,000,000 active customers, and achieving an average daily trading volume of $12.1 billion.Since the creation of Bitcoin, a growing number of digital currencies have been developed such as Ethereum, Ripple, or Litecoin, which have gained increasing attention and adoption over the past decade.Although the world of currency is steadily expanding and gaining popularity,…

Art Basel Miami 2023, happening from December 8th to 10th, is set to be an art extravaganza that promises much more than just a visual feast of artworks. Located at Miami Beach, this American edition of Art Basel will be the epicenter of modern and contemporary art, hosting leading galleries from across five continents. The fair will showcase an awe-inspiring array of significant pieces, ranging from masterpieces by modern and contemporary art legends to pioneering works by emerging talents. But Art Basel is not just an art fair; it’s a holistic experience, a cultural milestone, and an artistic melting pot…

After a tumultuous end to 2022, the so-called crypto winter is showing signs of beginning to thaw. Since January 2023, the total cryptocurrency market cap has risen from $759 billion to over the $1 trillion mark, representing a 31% increase. While not yet back at all-time highs, the positive movement in the market is revitalizing companies in the sector.In light of the slow return of the market, blockchain brands have begun to focus on innovation. Amongst inflation and other causes, one of the core reasons for the sudden implosion of the crypto market was the inability of many blockchain brands…

Jack Butcher’s Take on CryptoPunks Jack Butcher, a digital artist and the founder of Visualize Value, took a deep dive into his journey with CryptoPunks during a recent event. He shared how he initially discovered the project through thought-provoking commentary on Twitter in March 2021. As he explored digital auction platforms like OpenSea and Foundation, he admired the self-contained contract structure of CryptoPunks. For Butcher, CryptoPunks isn’t just a digital asset; it’s an identity and a community bound together by blockchain. He appreciates how the project has influenced his artistic work, shaping his understanding of supply and demand dynamics. He…

Telegram crypto bots offer convenience, but they come with risks. Explore how they can simplify crypto tasks while staying vigilant against potential pitfalls. The ability to create bots is one of the main features of Telegram. By interacting with the messenger API, bots allow users to automate many DeFi functions, such as trading, managing wallets, searching for tokens, farming, and much more. After receiving a command, the Telegram bot generates a main menu, offering choices for creating a new wallet or linking an existing one. Once a wallet is configured, users can deposit funds and choose various transaction options to…

BTC’s price and supply in profit are stuck within resistance ranges. For the coin’s price to grow, these ranges have to be breached.  At its current price levels, the value of leading coin Bitcoin [BTC] remains stuck at its 2021-2022 bear market base, pseudonymous CryptoQuant analyst BaroVirtual has noted in a new report.  Is your portfolio green? Check out the BTC Profit Calculator According to the analyst, BTC has faced “long-term resistance” at the $29,808-$35,078 price range. This price level was where the king coin bottomed out during the bear market of 2021-2022, and in the current market cycle, it has…

Here’s the level, according to on-chain data, that Bitcoin might have to conquer if the rally has to make a real comeback. Bitcoin Is Currently Near Short-Term Holder Cost Basis In a new post on X, analyst Root shared a chart revealing that the BTC price has recently been retesting the short-term holders’ cost basis or the realized price (STHs). The “realized price” here measures the average price at which Bitcoin investors acquired their coins. When the spot price is trading above this indicator, the holders are in a state of profit right now, while below the metric implies the…