Author: CryptoHoppers

Bitcoin’s SOPR could repeat history, helping investors stay profitable ELR indicated renewed interest in opening BTC derivative contracts  Expecting a short-term Bitcoin [BTC] recovery is something that many market participants may not hope for. However, a pseudonymous CryptoQuant analyst Crazzyblockk has opined that it is not impossible. How much are 1,10,100 BTCs worth today? According to the analyst, the position of the Spent Output Profit Ratio (SOPR) offers this potential. As a macro market sentiment indicator, the SOPR measures the degree of realized profits moved on-chain. BTC: Offering an advantage to holders Values over 1 of the SOPR suggest that…

The crypto universe is huge and evolving as it hosts highly volatile digital assets with great investment opportunities. The leading cryptocurrency – Bitcoin – is now testing $4,000 per unit, but it was almost $20,000 at the end of 2017. However, 2018 was catastrophic for bulls (market players, who push prices up to get benefits from positive trading) as almost all cryptocurrencies faced severe downtrends.The time, when crypto or other assets go down on exchanges, is wonderful for bears (traders who bet on the fall in prices). During these periods, it’s difficult to remain optimistic and keep a strong belief…

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.Cosmos is up 3.53% today against the US DollarATOM/BTC increased by 3.58% todayATOM/ETH increased by 4.04% todayCosmos is currently trading 11.41% above our prediction on Jun 18, 2023Cosmos dropped -19.82% in the last month and is up 19.36% since 1 year agoCosmos price$ 8.74Cosmos prediction $ 7.85 (-10.24%)Sentiment…

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Amid the mounting regulatory pressures on cryptocurrency exchanges, Blockstream CEO Adam Back highlights the inherent resilience and adaptability of the crypto industry, insisting that it will continually find ways to navigate and thrive despite these challenges. Adam Back, the CEO of Blockstream, shared some insights on the resilience of the cryptocurrency industry during the recent BTC Prague conference. He painted an optimistic picture of the sector’s ability to adapt to changing regulatory landscapes. Antifragility in cryptocurrency sector “Antifragility is the norm here,” Back said to Decrypt.…

Any new technology is referred to as ’emerging technology.’ However, it can also refer to the ongoing advancement of existing technology. Web3.0 is one such technology.The World Wide Web, also known as the Internet, has evolved significantly. We’re on the verge of the next Web revolution with the arrival of Web3. Unlike Web1, a read-only web, and Web2, a read-write web, Web3 claims to be a read-write web – in other words, a decentralized Internet.Web3 is a new internet iteration that uses Blockchain to “decentralize” management, limiting the power of large firms like Google and Meta and making it more democratic. With…

While the SEC’s designation of some cryptocurrencies as securities has shaken the market, the development companies behind these assets have strongly rejected the regulator’s characterization. The United States Securities and Exchange Commission’s (SEC) lawsuit against Binance and Coinbase has resulted in widespread volatility in the crypto market. As part of its legal actions, the regulator identified 19 new cryptocurrencies as securities. According to the SEC, “Coinbase makes these crypto assets available for trading without restricting transactions to those who might treat the asset as anything other than as an investment.”  Market Turmoil as Securities Designation Takes Effect Following the classification, several…

A group of Dutch software engineers and blockchain privacy advocates at the Dutch DigiByte Blockchain Foundation have come together to build an app for contact tracing COVID-19 application using blockchain technology. DigiByte blockchain technology is a rapidly growing open-source blockchain created in late 2013 and released in early 2014. After 6 years of forward-thinking development, DigiByte claims to be the safest, fastest, longest and most decentralized UTXO blockchain in existence. The ethos is laid in core values like decentralization, inclusiveness, permissionless, integrity, transparency – openness, consensus and thought leadership.They are one of seven remaining app developer candidates vying with Accenture, Cap…

Not every method of earning money from the cryptocurrency market needs to be hands-on. In fact, passive income is an increasingly important part of the cryptocurrency picture.One of the passive income makers gaining popularity is by becoming a masternode for your chosen coin. Hosting a masternode can not only be profitable; it also contributes to the overall health of the blockchain you aim to support.Masternodes differ from standard nodes in several ways, but the most immediate and important are uptime and responsibility. Creating and hosting a masternode can mean a sizable commitment of time and resources. Ultimately, however, blockchains that…

Bitcoin transaction fees increased, surpassing 2022 levels. Coinbase and Binance balances fell as the market greed dropped. Although exempted from the U.S. SEC hammer, Bitcoin’s [BTC] response to the torrid regulatory landscape has become increasingly complex. As a result of the lawsuit served to Coinbase and Binance, total transaction fees have been rising. Read Bitcoin’s [BTC] Price Prediction 2023-2024 According to Glassnode, BTC’s transaction fees rose to 15.6 BTC. The last time this happened was at the height of Bitcoin Ordinals adoption, which caused clogging in the network. Regarding exchanges, transaction fees rose unusually in 2022 when FTX collapsed as…

Morgan compared the development of cryptocurrencies to that of smartphones Fagel disagreed, saying that crypto is being traded exactly like any other security Pro-crypto Australian lawyer Bill Morgan has criticized the U.S. Securities and Exchange Commission (SEC) for classifying Cardano’s native cryptocurrency, ADA, as a security. Two days ago, Morgan took to Twitter to express his doubts, questioning the regulator’s reasoning behind this assertion. Morgan compared the development of cryptocurrencies to the evolution of smartphones. He contended that when developers introduce updates and disclose information about their products’ qualities, it is only an attempt to remain competitive and increase sales.…