Author: CryptoHoppers

The team of Pods recently announced the mainnet launch of its 3rd strategy on Pods Yield: FUD Vault, which now complements ETHphoria and stETHvv. FUD Vault provides a way for users to benefit from market downturns by offering a mechanism to hedge against significant price drops in ETH while preserving the deposited principal. Who is this product for? The FUD Vault is designed for individuals who have uncertainties about the future performance of ETH and want to find a way to potentially profit even when the market is experiencing a downward trend. By depositing funds into the FUD Vault, users…

Canadian technology company VitalHub is deploying its COVID-19 electronic screening tool to the Region of Waterloo-owned Sunnyside Home Long-Term Care, in support of their response to the deepening COVID-19 crisis. The development of this screening tool followed Sunnyside Home’s request for a solution to manage and conduct ongoing resident screening for symptoms typical of COVID-19. “Ensuring the safety of residents and staff is our highest priority,” said Julie Wheeler Administrator, Sunnyside Homes. “When we reached out to VitalHub to help us with resident screening they were able to develop and implement something in 24 hours. Every minute counts when it…

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.NEO is up 3.13% today against the US DollarNEO is currently trading 8.31% below our prediction on Jun 22, 2023NEO dropped -16.83% in the last month and is down -13.22% since 1 year agoNEO price$ 7.91NEO prediction $ 8.62 (9.21%)Sentiment BearishFear & Greed index 47 (Neutral)Key support levels$ 7.69,…

The project increased DAI’s savings rate since the community voted in support. Maker’s TVL in the last 30 days decreased but transactions using its stablecoin increased. MakerDAO [MKR], the Decentralized Finance (DeFi) project behind the stablecoin DAI, has announced an increase in the DAI Savings Rate (DSR). The move comes after a voting procedure that ended on 15 June.  Realistic or not, here’s DAI’s market cap in MKR terms For the unfamiliar, the DSR is funded out of Maker stability fees and helps to balance the supply and demand of DAI. Higher DSR but a second-fiddle TVL According to Maker,…

UK’s Competition and Markets Authority (CMA) has given a go-ahead to the deal noting that Amazon is not violating any competition concerns. Earlier today on Friday, June 16, Britain’s competition regulator gave a go-ahead to Amazon for its planned acquisition of the Roomba vacuum cleaner maker – iRobot Corporation. UK’s Competition and Markets Authority (CMA) said that they have cleared the deal which would not lead to any competition concerns in the country. Earlier in April 2023, the CMA started investigating the deal that Amazon.com Inc (NASDAQ: AMZN) made in August of the previous year. Amazon wanted to add more…

EigenLayer Stage 1 has been positioned on the Ethereum mainnet, through which Ethereum stakers can take part in EigenLayer, control their liquid staking tokens, and shift their funds. This is made possible with the help of EigenLayer contracts. Another option is building an EigenPod and shifting the funds to the EigenPod addresses. In the next stage, Eigenlayer will be bringing in operators who will carry out the confirmation activities related to Actively Validated Services (AVSs) that have been duly created on the EigenLayer protocol. The third stage will witness the protocol setting off the deliverance of various AVSs by utilizing…

ADA and DOGE could be affected by the Celsius’ decision to hold only BTC and ETH. ADA’s price could go downward and DOGE may not be faring any better. The decision by Celsius Network to liquidate the altcoins in its reserves could have a severe impact on Cardano [ADA] and Dogecoin [DOGE]. On 15 June, the crypto lending platform disclosed that it planned on converting all its altcoin holdings into Bitcoin [BTC] and Ethereum [ETH] only. Celsius will be selling all altcoins from all customers (except Custody and Withhold accounts) starting July 1st and will be converting them into Bitcoin…

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bakkt has delisted solana (SOL), polygon (MATIC), and cardano (ADA), citing regulatory uncertainty in the US. The exchange says it’s awaiting further clarity on how to offer more altcoins compliantly.  The current regulatory dark clouds in the US continue to impact the crypto industry, as Bakkt has announced the delisting of SOL, MATIC, and ADA.  The decision comes as the U.S. Securities and Exchange Commission (SEC) continues its onslaught against web3 market participants in the country, despite failing to formulate clear-cut guidelines for the fledgling industry. SEC’s…

Introduction: In a thrilling turn of events at Sotheby’s Grails: Part II live auction, Ringers #879, famously known as “The Goose,” achieved a groundbreaking sale of over $6.2 million, inclusive of fees. This generative piece of blockchain artwork by Dmitri Cherniak has captivated NFT enthusiasts and garnered attention due to its unique history and artistic merit. Let’s delve into the remarkable journey of “The Goose” and the implications of its record-breaking sale. The Rise and Fall of Three Arrows Capital’s Starry Night Collection Once hailed as the crown jewel of Three Arrows Capital’s Starry Night Capital fund, “The Goose” originally…

Widely followed crypto analyst Justin Bennett called yesterday’s Bitcoin (BTC) rebound hours before it happened. Yesterday, Bennett told his 112,400 Twitter followers that a Bitcoin bounce could be on its way after a rough week for the crypto king. “Pretty spot on from BTC so far but maybe a bounce soon to flush some shorts.  Still a ton of long liquidations at $24,000. Let’s see.” Source: Justin Bennett/Twitter Hours later, Bennett’s predicted bounce occurred, taking BTC from a 24-hour low of $24,936 to a 24-hour high of $25,746, an over 3% leap. “And there’s the Bitcoin bounce.” Source: Justin Bennett/Twitter BTC is trading for…