Author: CryptoHoppers

Alameda Research ex-CEO Caroline Ellison has now retained a former top crypto regulator for the US Securities and Exchange Commission as the federal investigation into the downfall of FTX continues. Caroline Ellison has hired Stephanie Avakian and the law firm WilmerHale to represent her in the FTX investigation, according to Bloomberg. Avakian was a top regulator at the SEC, where she increased oversight of crypto. She also led major cases against firms like Theranos, Tesla, Wells Fargo, and Facebook, among others. Bloomberg first reported the announcement stating that Ellison hired Stephanie Avakian, chair of the securities and financial services department…

Ethereum is currently following the market trend of Bitcoin and continues to maintain above the $1,800 level. This price level is still bullish for the digital asset which is now only around 60% down from its all-time high. However, there is a threat to the stability that the digital asset has enjoyed so far which could send its price spiraling back down toward the $1,000 level. What Could Send Ethereum Back To $1,000? This week, the United States Securities and Exchange Commission (SEC) brought lawsuits against top exchanges Binance and Coinbase, with more regulatory action expected to come toward crypto…

In the fast-paced world of cryptocurrency, it’s not uncommon for new projects to capture the attention of investors and create a buzz in the market. One such project that has been making waves is InQubeta, an innovative blockchain platform that combines AI, NFTs, and crypto to revolutionize the way investments are made.  In just under 10 days, InQubeta has managed to raise an impressive amount of over $300,000 in its presale, signaling a strong interest from investors who recognize the potential of this groundbreaking platform. Here are some of the factors behind its impressive growth: An innovative platform for AI…

In an extraordinary demonstration of artificial intelligence and bulk data analysis capabilities, a new cryptocurrency trading robot, Bitcoin Oracle AI, has managed to turn a modest $2,000 investment into an astounding $15,000 in only 10 days.Bitcoin Oracle AI auto-trading bot, activated by its cutting-edge AI technology and Mass Data Analysis features, demonstrated the full array of its trading proficiencies in real time by accurately predicting market patterns and completing successful trades autonomously.This achievement has caught the attention of traders around the globe and evoked a mixture of emotional responses. The vast majority showed scepticism at first, which was not entirely…

The Federal Reserve Bank of Boston has published a statement confirming that research into the technical feasibility of a possible digital dollar has concluded. A joint venture in partnership with MIT, the initiative called Project Hamilton, was named after Founding Father Alexander Hamilton and MIT and Apollo Mission renowned computer scientist Margaret Hamilton. Jim Cunha, Boston Fed executive vice president, announced that the now-concluded project was “agnostic” from the beginning about any future policy decisions about new technologies and the United States currency. Moreover, this project focused on better understanding the challenges and opportunities brought by different technologies that may…

ARFC has plans to deliver GHO, which is a Conventional Aave stablecoin, and if it manages to gain the approval of Aave DAO, the GHO will be positioned live on the Ethereum Mainnet. There will be two promoters involved in the beginning, them being Aave V3 Ethereum and FlashMinter if the green signal flashes, the users of Aave V3 on Ethereum will be in the position of being allowed to mint GHO via collateral. In turn, the borrowing of stablecoin will become more charged up and create further earnings, in the case of Aave DAO. The interest rate will also…

You might have heard many crypto enthusiasts advising do not fall in FUD, just HODL your cryptocurrency. If you are a new user and just entered the space, then you might have come across the terms like FOMO, FUD, HODL. Do you ever wonder, what is HODL? Rather why it is not HOLD?Let’s go back in history a little to know more.What is HODL?HODL became a blessing in disguise for the crypto community after a person miss-spelt it without being in consciousness. It basically means just to buy the cryptocurrencies and not selling it in a hurry but hold them with…

The cryptocurrency world in the United States is currently on a roller-coaster ride. Major players, Coinbase and Binance, have been caught in the crosshairs of the Securities and Exchange Commission (SEC). The regulatory body alleges these industry giants traded crypto assets deemed securities, which they claim should have been registered. This stern action by the SEC signifies a seismic shift in the U.S crypto landscape. It places other exchanges such as Kraken, Gemini, Crypto.com, and OKCoin under intense scrutiny, potentially exposing them to similar legal actions. Fireblocks’ chief legal and compliance officer, Jason Allegrante, warns that all U.S. exchanges should…

Bullish stated on December 22 that it had terminated its agreement with Far Peak SPAC. On Thursday, the Thiel-Backed exchange Bullish issued a joint statement with Far Peak about their merger. Based on the release, the companies decided to terminate their merger agreement partially because of time constraints. The Bullish-Far Reach Agreement Falls Through This merger between Bullish – a Peter Thiel-Backed crypto exchange intended for institutional investors – and Far Peak – a special-purpose acquisition company (SPAC) – was originally announced in July 2021. The acquisition has, nonetheless, stalled since then. Eventually, on December 22, 2022, the firms issued…

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.FTX Token is up 11.69% today against the US DollarFTT/BTC increased by 11.84% todayFTT/ETH increased by 12.62% todayFTX Token is currently trading 10.57% above our prediction on Jun 13, 2023FTX Token dropped -19.92% in the last month and is down -96.34% since 1 year agoFTX Token…