Author: CryptoHoppers

The Bank of England (BoE) and UK Treasury are set to back the development of the British central bank digital currency (CBDC), popularly known as “Britcoin” or “digital pound.”   The discourse of a British CBDC began in April 2021, when the UK Treasury, then under the leadership of current UK Prime Minister Rishi Sunak, launched a joint task force with the BoE to evaluate the feasibility of a “digital pound” for British businesses and households. Since then, there have been multiple discussions and reports as both financial authorities weighed the potential benefits and risks a “digital pound” could bring to…

On-chain data shows the Bitcoin short-term holder cost basis has now risen to $25,300; here’s what this tells us about the market. Bitcoin Short-Term Holder Cost Basis Has Gone Up Recently According to data from the on-chain analytics firm Glassnode, the average acquisition price of the short-term holders continues to approach the spot price. The relevant indicator here is the “realized price,” a metric derived from the “realized cap.” The realized price is a capitalization model for Bitcoin that puts each coin’s “real” value in the circulating supply as the price at which it was last moved on the blockchain,…

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied With the presale underway and Tradecurve launch imminent, investors could buy the token at a discount. Once launched, Tradecurve could revolutionize the trading industry, possibly displacing established altcoins such as apecoin (APE) and avalanche (AVAX).  This article explores the potential of Tradecurve and why it has garnered significant attention from traders. As the launch of Tradecurve nears, investors appear to be positioning themselves, possibly recognizing the potential of this hybrid trading platform. This is ahead of the second phase of the presale of Tradecurve’s native token,…

APE sees an increase in volume among ETH whales, but this might be selling pressure A look at the minimum level of downside that investors should anticipate If you are thinking of purchasing some ApeCoins [APE], you might want to delay that decision. The monkey-themed token showed bearish signs at press time, which might convert into a good shorting opportunity. How many APEs can you buy with $1? According to a WhaleStats analysis on 6 January, APE breached the list of top 10 tokens by trading volume among the 500 biggest ETH whales. At first glance, one can assume that…

The world of crypto is filled with fascinating possibilities and unexpected growth. In a recent series of tweets, Adam Cochran, a partner at CEHV, sparked a wave of Ethereum discussions by presenting a compelling case for Ethereum’s token, ETH, to potentially surge to as high as $457,081. Revealing The Analysis Cochran addressed skeptics who questioned the feasibility of ETH experiencing a 20x increase, comparing it to the market capitalizations of tech giants like Apple and Amazon. He emphasized that Ethereum should not be viewed as a traditional company, but rather as a groundbreaking blockchain-based infrastructure that transcends conventional boundaries. Cochran’s…

Nevermind The Bear: Developer Interest In Bitcoin Keeps Growing, New Study Shows | Bitcoinist.com This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source link

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.Zilliqa is down -3.20% today against the US DollarZIL/BTC decreased by -2.40% todayZIL/ETH decreased by -2.45% todayZilliqa is currently trading 9.22% above our prediction on May 26, 2023Zilliqa dropped -26.74% in the last month and is down -55.29% since 1 year agoZilliqa price$ 0.023477Zilliqa prediction $ 0.021494 (-8.54%)Sentiment…

The head of the European Commission’s (EC) digital innovation and blockchain unit expanded on the pros of distributed ledger technology (DLT),  and the current state of the regulatory framework in Europe.Balancing Blockchain Innovation and Regulatory ComplianceIn an interview with The Banker, a subsidiary of Financial Times, the head of the EC’s digital innovation and blockchain unit discussed the potential of blockchain technology to drive innovation across Europe. The interview was published on Thursday (April 2, 2020).The head of the EC’s blockchain unit, Pēteris Zilgalvis, pointed out that DLT provides a plethora of opportunities for governments, fintech firms, and other organizations…

With increasing concern over data leaks, AI tool makers are working to assure concerned users that their data is safe. Apple has banned the use of the AI tool ChatGPT among its employees in a bid to prevent data breaches and leaks. This was reported by the Wall Street Journal, which cited an internal memo from the company. Apple and Other Companies Are Concerned about Data Safety The restriction makes Apple one of several businesses that are limiting the use of the software by some of its workers. The release said that the reason for this is that the iPhone…

The Terra Classic (LUNC) price experienced a bull run a few days ago in the midst of an overall crypto market correction. However, the currency is now experiencing a massive pullback and is facing uncertainty due to Terraform Labs founder do kwon do kwon co-founder and ceo at terraform labs Do Kwon is a cryptocurrency developer who is the Co-Founder and Chief Executive Officer of Terraform Labs. With terraform labs, he also founded the telecommunication company Anyfi and served as its CEO, a peer-to-peer communication solution using mesh network technology. And eventually, in 2018, he founded Terraform Labs along with…