Author: CryptoHoppers

Algorithmic trading was first tried out 40 years ago on NYSE and has been growing ever since. According to JPMorgan research, only 10% of total turnover is traded manually. The success of algo trading may be attributed to the following facts. Machines work 24/7, have no emotions and can track market data for a large number of pairs. Most experienced cryptocurrency traders come from a traditional finance background. It’s logical to suppose that the cryptocurrency market will most certainly follow the way of the traditional trading market.From its inception in traditional finances trading robots were expensive, difficult to start and…

The Chair of the U.S. Securities and Exchange Commission (SEC) is doubling down on his harsh stance on crypto as he reportedly says that the industry is teeming with criminals and illicit activities. Speaking at the Piper Sandler Global Exchange and FinTech Conference in New York City, Gary Gensler says crypto reminds him of the 1920s, which he says was a time absent of federal securities laws, per CNBC.  “Hucksters. Fraudsters. Scam artists. Ponzi schemes. The public left in line at the bankruptcy court.” The long-time crypto critic reiterates the SEC’s stand that most digital tokens are securities and are…

On June 03, 2023, participants will have a chance to attend one of the largest Cosmos events that is being organized in Prague. The announcement about the date was made by Cosmos, adding that Gate to Cosmos 2023 will conclude on June 05, 2023. The 3-day long event will see industry leaders coming together to hold discussions about innovation and interchain projects. Cosmos is the future of the economy, known for being scalable, open, and interconnected. Adding the event to the list has brought a positive impact on the value of its token. It was last traded at $10.43, with…

Metaverse is a fancy word for sure, but it’s so much more. Prepare for the future of the internet, a universe of lights and noises, a reality that is different from the one you know.A form of the Internet we don’t just look at and use, but can literally enter- The Metaverse will surely change the way we live.The potential of this technology has been noticed and encouraged. Last year, Facebook rebranded as Meta, indicating the social network’s desire to be a forerunner in the new world. Moreover, interest in the project is still growing. For example, Microsoft’s projected $69…

Sturdy Finance, a decentralized lending protocol, fell victim to a security attack today, which led to a loss of 442 ether or about $800,000.  The unknown attacker took advantage of a reentrancy vulnerability that later facilitated manipulation of a faulty price oracle, thereby enabling them to siphon off funds. In decentralized finance (DeFi) applications, price oracles are pivotal as they provide real-world price data. However, they also represent a potential target for hackers who can exploit them. The attack on Sturdy Finance was initiated by a reentrancy attack, a method typically used to illicitly withdraw funds from DeFi protocols. This…

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The reserve ratio of Djed, an algorithmic stablecoin designed for the Cardano ecosystem by Input Output Global (IOG), has fallen to 300%, real-time data on June 11 shows. The drop is amid dumping cardano (ADA) prices.  Djed reserve ratio drops to 300% Djed is a stablecoin issued by COTI, and by default, Djed is supposed to be collateralized by between 400% and 800%, according to the issuer.  With the turbulence facing the cryptocurrency market and falling ADA prices, the collateralization ratio of Djed is now at 3X;…

Video hosting or sharing platforms represent services that facilitate the upload, viewing, sharing, and streaming of video-based content on the Internet.At this point in time, Google’s YouTube represents the world’s largest video sharing platform, with over 1.9 billion monthly logged users, one billion hours-worth of video watched daily, and 500+ hours of content uploaded every minute of the day.Despite these impressive numbers, YouTube isn’t without flaws. In fact, the video-sharing platform has many disadvantages and has been involved in numerous controversies that spawn from its very nature – centralization.These issues include, but are not limited to strict video monetisation policies,…

Bitcoin and other major cryptocurrencies have decreased their price in the crypto world. It is observed that since 2021, the crypto whales have been dumping their Bitcoin holdings. According to analysts, crypto whales are dumping Bitcoin, whereas retail investors are grabbing BTC tokens. Nothing is hidden from the fact that Whales and large institutional holders are dumping a massive amount of Bitcoins for one year. They accumulated many tokens till 2021 when there was a high rise in late October and early November. However, a year later, Bitcoin’s price dropped drastically to -58% in 2022. The market is looking for…

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. LDO’s plunge retested its mid-range level.  The token’s CVD and OI declined. Throughout May, Lido [LDO] made lower lows and lower highs, chalking a descending channel (white). However, it inflicted a mild bullish momentum at the beginning of June, climbing above the range low.  Read Lido [LDO] Price Prediction 2023-24  But the upside move turned out to be a “fake-out,” as LDO dropped back to the channel after Bitcoin [BTC] retested the $25k price zone.  At press time, LDO’s…

You are here because either you are new or probably you have some doubts in your mind which are unsolved.  Like you know about the hype regarding Bitcoin or other popular coins and you wanted to be one of the first investors of a world-changing piece of technology.Also, you have seen your colleagues or other people talking about the profits they have earned from cryptocurrencies. So, I will not go into detail about what attracted you to this area, but I will make sure to provide you information about how successful investors thinks and implements and some common human nature…