Author: CryptoHoppers

Data from Glassnode shows that the current Bitcoin price is where the cost basis of a large number of coins lies. Here’s what this means. 780,000 BTC Was Acquired Near The Current Spot Prices According to data from the on-chain analytics firm Glassnode, 4.6% of the entire circulating Bitcoin supply has its acquisition price near the current spot prices of the asset. The relevant indicator here is the “entity-adjusted UTXO Realized Price Distribution (URPD),” which, in simple terms, tells us about how the cost basis of the investors is distributed right now. The cost basis here refers to the price…

UNI’s supply on exchanges increased while supply outside of exchanges decreased. Metrics suggested that the token was under selling pressure. On 3 June, Uniswap [UNI] witnessed a massive spike in its adoption as it reached a new milestone. As per Uniswap’s latest tweet, Uniswap wallet downloads crossed the 200,000 mark in six weeks since its launch.  200k wallet downloads in just 6 weeks ???? Thanks for your support and feedback as we work to make this the best wallet in crypto ???? If you’re not one of those 200k…download here:https://t.co/AbDJspGvlx — Uniswap Labs ???? (@Uniswap) June 3, 2023 At first…

FewoWorld is about to experience a cosmic explosion of creativity with the arrival of FEWOs, the inhabitants of this imaginative realm. Created through the power of Paint, these 20,000 unique characters are set to make their debut from August 21-25. Let’s delve into the intriguing lore behind FEWOs and what sets them apart from other projects.   Unveiling the FEWOs: FEWOs are not your ordinary profile picture (PFP) project. Each FEWO possesses a distinct set of traits and characteristics that are ingrained in their DNA. From captivating squiggly eyes to intricate linework bones, every trait has been meticulously hand-drawn by…

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.Internet Computer is down -3.19% today against the US DollarInternet Computer is currently trading 12.06% above our prediction on Jun 10, 2023Internet Computer dropped -18.29% in the last month and is down -36.60% since 1 year agoInternet Computer price$ 4.69Internet Computer prediction $ 4.19 (-10.76%)Sentiment BearishFear & Greed…

The multichain protocol has been compelled to block all cross-chain services for the sake of safeguarding the interests of connected users. At the present moment in time, the protocol is going through a rough patch of functional interruptions because of factors they were completely unaware of. This important bit of information was received through a formal statement made by MultichainOrg. All of this means that it will not be possible to make calls to the chains that have been impacted. Incidentally, the Multichain protocol was previously known by the name, Anyswap.  The primary issue that the company seems to be…

I. Introduction Welcome to the comprehensive guide on the challenges of Web3 gaming and Non-Fungible Tokens (NFTs). As the gaming industry evolves and embraces blockchain technology, Web3 gaming and NFTs have emerged as exciting innovations that offer unique opportunities and experiences. However, along with their potential, these advancements also bring several challenges that need to be addressed for widespread adoption and success. In this guide, we will explore the various issues surrounding accessibility, knowledge gaps, fear, uncertainty, and doubt (FUD), as well as game feel and feedback loops in the context of Web3 gaming and NFTs. By understanding these challenges,…

Payrolls rose 339,000 in May, exceeding expectations and indicating a resilient labor market. The US economy continued to generate employment in May, despite macroeconomic challenges. Nonfarm payrolls increased to 339,000, significantly surpassing Dow Jones’ expectations of 190,000, as a result, May marked the twenty-ninth consecutive month of positive job growth in the country. According to the US Bureau of Labor Statistics, although the unemployment rate rose to 3.7% compared to the estimated 3.5%, the labor market remained strong. Similarly, average hourly earnings increased by 0.3%, as expected, while annual wages rose by 4.3%, slightly below the estimate. The term “payrolls”…

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied AngelBlock, a web3 fundraising platform for cryptocurrency, has announced SOLA-X as its inaugural fundraising project. Qualified investors may participate in the token sale, which is scheduled to commence by the end of this month.  SOLA-X is building a cross-chain decentralized finance (DeFi) hub that introduces a protocol-managed liquidity and arbitrage mechanism designed to eliminate problems around high slippage for traders and impermanent loss and low APYs for liquidity providers.  The protocol is characterized by its advanced liquidity management system, wherein users can supply a single asset that…

Two stocks of certain Bitcoin mining firms are outperforming BTC. While it’s not jubilation season for miners, short-term holders remain enthusiastic about the coin price.  Bitcoin [BTC] miners might have faced a challenging period, as several factors, including regulatory crackdowns and concerns over environmental impact, have created a long season of distress for the industry.  However, there are indications that this murky period may be near its end, with some mining stocks showing signs of strength and resilience. According to IntoTheBlock, stock prices of the Mathent Patent Group and Riot Blockchain have outperformed BTC on a Year-To-Date (YTD) basis. 2023…

MakersPlace, the leading marketplace for rare and authentic digital fine art, has introduced an innovative initiative known as the Artist Launchpad Program. This program aims to empower artists by equipping them with the necessary tools and knowledge to thrive in the ever-evolving world of non-fungible tokens (NFTs). For artists looking to make their mark in the web3 digital art scene, finding the right community and understanding the best practices can be a challenge. MakersPlace recognizes this and has developed the Artist Launchpad Program to address these concerns. The program offers a range of benefits to participants, including: Community: MakersPlace has…