Author: CryptoHoppers

On May 20, Caitlin Long, the founder of Custodia Bank, retweeted and revived an intriguing question posed by Adam Back, CEO of Blockstream, on whether the number of the so-called Bitcoin “wholecoiners” has peaked. Is The Number Of Bitcoin Wholecoiners Peaking? Her question is when the number of wholecoiners, or individuals holding at least 1 BTC, soared above the 1 million mark last week. While the rising number of wholecoiners points to possible adoption and rising BTC demand over time, market forces could end up capping their numbers. She reckons that as Bitcoin prices increase, it would be more expensive…

AVAX rallied as BTC continued to soar following announcements from U.S. CPI. The target for a long entry could be $14.82 and the 38.2% Fib level ($14.96) if the uptrend continues. Avalanche [AVAX] has rallied since mid-November, making higher lows. However, it reached a lower low around 12 December, settling at the $12.99 support level. A bullish BTC is driving it higher.  Bulls used the $12.99 support to initiate a rally that could take AVAX towards the 38.2% Fib level ($14.96). At press time, AVAX traded at $13.78, up about 6%, with a trading volume of over 120% in the…

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.Conflux Network is down -4.64% today against the US DollarCFX/BTC decreased by -2.47% todayCFX/ETH decreased by -3.54% todayConflux Network is currently trading 9.84% below our prediction on May 27, 2023Conflux Network dropped -0.98% in the last month and is up 210.00% since 1 year agoConflux Network…

The planet needs Vinteum because “we need developers from all over the world to build this global internet-native money.” What is Vinteum? In the post announcing the organization’s existence, they describe themselves as “a non-profit Bitcoin research and development center dedicated to supporting Bitcoin developers in Brazil and the wider Latin America region. We will train and fund open source developers to work on Bitcoin and the Lightning Network.”  Our organization will train and fund Brazilian open source developers to work in one of the most revolutionary technologies of our time. We need developers from all over the world to…

Cryptocurrency exchange heavyweight Binance has launched the Lingang Research Institute in China as part of efforts to foster wider blockchain adoption and encourage emerging developments in the digital assets industry.Binance Establishes Blockchain Research Institute in ShanghaiAccording to a press release published on Sunday (March 29, 2020), crypto exchange behemoth Binance has launched a blockchain research institute in China.Back in August 2018, the exchange launched the beta version of its non-profit educational arm dubbed Binance Academy to facilitate research into the emerging field of blockchain technology.As China is currently chasing its own central bank digital currency (CBDC) and has established itself…

HashKey Capital emphasized that it plans to direct the investment into Web3 initiatives in order to broaden its crypto exposure. Crypto investment company HashKey Group is looking towards leveraging Hong Kong’s digital assets efforts to raise funds at a valuation of over $1 billion to attract potential investors. The Chinese Special Administrative Region is finalizing digital asset licensing legislation with the goal of becoming a worldwide crypto hub. Hong Kong has been making efforts to promote and regulate the digital asset industry, which could create a favorable environment for firms like HashKey Group. HashKey is in early talks to raise…

Take a look at Ethereum and Solana and their failings in the last few days. Both platforms experienced performance problems last weekend. High demands for the sale of NFTs temporarily halted transactions on both platforms. Blockchain providers are locked in a fierce competition to outperform one another. Therefore, for efficiency, new implementations are constantly deployed. Likewise, to aid the proper functioning of the Avalanche Blockchain, Orachain, an artificial intelligence-powered blockchain ecosystem supplier announced the launch of its VRF (verifiable random function) on the Avalanche blockchain. This will allow Avalanche developers to benefit from a truly decentralized, publicly verifiable random number…

An attacker managed to get a malicious proposal passed by the Tornado Cash DAO, one that handed them complete control over its governance system. Tornado Cash is the crypto mixing service that runs on Ethereum and was sanctioned by the U.S. Treasury. Its governance system controls upgrades to the protocol and is run by those holding the project’s native TORN tokens. The governance system approved on May 20 an upgrade that was purportedly the same as a previous upgrade that had passed. Yet that wasn’t true as the attacker had added an extra function, according to a pseudonymous security researcher…

Microsoft has gone ahead and formed an exclusive collaboration with Goldman Sachs. This occurrence took place with the aim and intention of working on the building of a new blockchain network going by the name of the Canton Network. Along with the two entities, there will also be the participation of various other financial institutions, as well as technology organizations. The Canton Network, on its part, is intended to be a privacy-oriented and interoperable blockchain network. It will be created keeping in mind that it should be able to form a connection with previously ignored financial markets. Some of the…

Bitcoin is up more than 1% in the last 24 hours, so many crypto enthusiasts are curious about the potential uptrend of BTC in the next few months. Nebraskangooner is a U.S.-based Bitcoin trader who is famous for its BTC price prediction. Nebraska is active on Twitter and predicted an uptrend of Bitcoin after breaking the resistance of the last nine months. In the last few days, Bitcoin has been hovering around $24,000 amidst various geopolitical events, like Hong Kong’s decision to include crypto providers in the same field as traditional financial ventures. Bitcoin has observed selling pressure on the…