Author: CryptoHoppers
Death Cross! This is one such topic that’s been discussed in a wide range today. But you might have come across questions like,What is this death cross? How does it happen? How do you calculate it? Then you’re at the right place. This article will help you understand all about death cross in a much simpler wayWhat is Death Cross?Death Cross is a technical measure indicating a more bearish trend to come. Analysts use the term death cross to check & analyze the future of an Asset so that they can take better decisions on their next trade Now let’s understand how to…
Welcome to the world of Memecoins, where dog-themed currencies and internet memes collide to create a financial phenomenon like no other.Have you ever heard of a currency based on a Shiba Inu dog meme or a joke about a popular TV show?Well, that’s exactly what Memecoins is all about!These digital currencies are not only generating massive hype but also a fair share of controversy, with some even calling them a bubble waiting to burst.But what makes Memecoins so intriguing? For starters, their rise in popularity has been nothing short of remarkable.Take the infamous Dogecoin, for instance.Created as a joke by…
A Suite of Blockchain Financial Products
As one of the most significant innovations in the crypto market today, Lama is a user-friendly platform allowing crypto lovers to pay and receive payments in fiat and cryptocurrencies easily and instantly.Established to bring innovative blockchain financial services to the mass market in a way that is easy, uncomplicated, friendly, and trustworthy, the platform offers various financial features to save, store, earn, and manage digital currencies through one app.The cryptocurrency industry has been growing over the past decade since its humble beginnings with Bitcoin in 2009. To date, the innovation industry has grown with thousands of different digital assets ranging…
Is It A Breakthrough Or Bull Trap?
Bitcoin almost broke its record for the longest streak of daily green price candles in January, but most think that its recent surge might be short-lived. While Bitcoin (BTC) has experienced a strong price jump to kick off the New Year, most industry pundits are not convinced that the crypto will continue its upside trajectory – at least in the near-term and mid-term. The impressive price surge – which saw BTC experience 14 days of consecutive price increases earlier this month – has called on many to consider whether the surge marks a considerable “breakthrough” or is indicative of a…
Walmart Inc (WMT.N) on Tuesday said it will increase average hourly wages for its U.S. store workers starting in February, as it aims to attract and retain employees in a tight domestic labor market. Walmart’s new wage hikes raise its average hourly wage pay to $17.50 from the current $17 an hour and will show in March 2 paychecks, the company said. The minimum wage will increase by as much as $2 for workers at its U.S. stores to a range of $14-$19 per hour, depending on location, a spokesperson said in an email, adding that nearly 340,000 workers at…
The Web3 Foundation, which supports the Polkadot protocol, has once more presented its argument that its native DOT token is not a security. The Foundation reminded the world that, in its eyes, it has conformed to SEC requirements and DOT should no longer be considered a security. In a recent Twitter thread, the foundation insisted on its Efforts to comply with the United States securities laws, and Securities and Exchange Commission guidance concerning the digital assets, and declared that DOT had successfully “morphed” and is software, not security. The Web3 Foundation reposted an excerpt from a December Twitter Space where…
Binance added support for iconic NFTs like Bitcoin Punks and Bitcoin Frogs. The exchange came up with a rewards program to boost trading activity on the marketplace. Binance [BNB], the world’s leading cryptocurrency exchange, announced support for Bitcoin [BTC] non-fungible tokens (NFTs) on its dedicated NFT marketplace platform. Read Binance Coin’s [BNB] Price Prediction 2023-2024 The exchange has thrown its hat in the booming Bitcoin NFT ring. The development will enable users to list, explore and trade NFTs from the network via their Binance accounts, eliminating the need to have a taproot-compatible Bitcoin wallet to do so. Furthermore, users will be…
Swift has reached out to the global Swift community to conduct a study on how the different communities can utilize their connections to interoperate successfully on multiple blockchain networks. Presently, institutional investors are up against the issue of interoperability on multiple blockchain networks. This is a prime requirement that needs adequate addressing. In this regard, Swift is pursuing the forming of associations with financial institutions of repute. The idea is to understand the ways in which the Swift framework can be utilized to carry out the shifting of tokenized value through an array of public as well as private networks. …
A widely followed crypto analyst is predicting that Bitcoin (BTC) is headed for a major correction based on a flashing bear signal. In a new video update, Nicholas Merten, the host of DataDash, tells his 511,000 YouTube subscribers that Bitcoin’s performance against the NASDAQ is weakening, indicating a downward trend for the crypto king. Merten notes that in the near-term big tech is putting up huge gains, fueled by the potential of artificial intelligence (AI) technology, and outpacing Bitcoin’s price action. “What’s been really concerning as of recent is watching the NASDAQ, the broader measurement of technology stocks… massively outpacing…
Down But Not Out: The Staying Power of NFTs Amidst a Market Slump | NFT CULTURE | NFT News | Web3 Culture
Non-fungible tokens (NFTs), a novel and exciting form of digital asset, have seen an incredible journey since their introduction to the world in 2017. They have created a new market, influenced the global lexicon, and redefined the concept of ownership in the digital world. However, like any financial market, the NFT market has seen its fair share of highs and lows. This blog post aims to explore the current slump in the NFT market, delve into its causes, and discuss why the term NFT is still solidifying its place in our vocabulary and why the value of these digital assets…