Author: CryptoHoppers

Cryptocurrencies have taken up the fintech industry by storm. This revolutionary alternative to fiat currency or real money is decentralized and peer-to-peer, which means that transactions are fulfilled in real-time since users don’t have to wait for a central entity to process and approve the transfer of funds.Aside from the ease of sending and receiving these digital assets, people are trying their hand at trading them to expand their cryptocurrency wallets. As with traditional stock trading, you should look for the best Forex brokers for crypto for a secure platform.Here are the top Forex brokers for cryptocurrency trading:1. eToroeToro is…

Vitalik Buterin, co-founder of Ethereum, and Sandeep Nailwal, co-founder of Polygon, have pledged $100 million to help accelerate COVID-19 research and relief efforts in India.  With COVID-19 variants continuing to emerge and spread, and with a very high number of people experiencing long-term symptoms speeding up, research efforts are critical. How The Donation Will Be Used To Support COVID-19 Research The donations from Buterin and Nailwal are some of the largest philanthropic contributions ever made in crypto. Buterin made the announcement in a Twitter thread and according to the thread, the fund will be donated to Crypto Relief, with the…

In the ever-evolving digital data arena, Blockchain technology has changed the nature of the playing field. Blockchain’s increased transparency, better security, and real-time traceability are driving the technology’s dynamic growth. To illustrate, a 2023 Grand View Research report valued the worldwide Blockchain technology sector at $10.02 billion in 2022. From 2023 to 2030, the aggregate Blockchain market is predicted to expand at an impressive 87.7 percent compound annual growth rate (or CAGR). A huge influx of venture capital funding is driving this aggressive market expansion. Leen Kawas, PhD, is well versed in venture capital’s impact on emerging biotech and life…

Imagine a currency that is not controlled by any government, bank, or institution, but rather by a decentralized network of computers around the world. This is the essence of Bitcoin, a digital currency that has been making waves since its inception in 2008.But what sets Bitcoin apart from traditional currencies is its unique monetary policy, which is determined by a series of halving events that occur every four years.The next halving event is scheduled to take place in 2024, and it has the potential to impact the entire cryptocurrency market.In this elaborately written article, we’ll dive into the world of…

Key highlights:The total cryptocurrency market cap increased from $ 1.05T to $ 1.06T in the past 24 hours, representing a 0.82% changeThe Bitcoin price at press time is $ 25,817 after growing by 1.24% in the last 24 hoursThe total crypto trading volume increased by 0.82% in the past 24 hours, and is currently at $ 240.31BAll prices and changes are presented at the time of publication: June 11, 2023, at 06:00 UTCMarket OverviewThe total cryptocurrency market cap is currently $ 1.06T after a 0.82% increase on the day. The total crypto trading volume increased by 0.82% in the same time frame.Bitcoin is trading at…

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Organization for Economic Cooperation and Development (OECD) has introduced a new tax framework specifically designed for crypto. OECD unveiled its Crypto-Asset Reporting Framework (CARF) at the end of a two-day ministerial-level meeting of its council held between June 7 and 8. Our new international tax transparency standards cover the updated Common Reporting Standard and the new reporting framework for crypto assets, further strengthening efforts to tackle tax evasion in a digitalised & globalised world economy.➡️ https://t.co/GMcvZOQXCc pic.twitter.com/8Z595Vutrn— Mathias Cormann (@MathiasCormann) June 8, 2023 Alongside amendments…

The rise of the cryptocurrency industry, alongside the high profits that people can earn through the purchase, trade, and investment of digital currencies have encouraged governments throughout the world to update their taxation policies, in order to take crypto-based profits into account. However, cryptocurrencies are very dynamic, whereas keeping track of all transactions for taxation purposes is bound to be a difficult endeavour. Additionally, regulatory taxation frameworks lack standardization, thus leading to a status-quo that confuses most digital currency holders. The appropriate philosophy behind taxes is that the process should be streamlined and easy to follow – however, we are…

Ongoing regulatory pressure has created a difficult working terrain for the banking partners of Binance.US. Binance.US has told its customers that they may not be able to buy crypto with their US dollars from June 13. The Thursday announcement follows after the Securities and Exchange Commission (SEC) filed a lawsuit against the exchange and its founder Changpeng Zhao (CZ) on Monday. SEC insists that Binance had violated the country’s securities laws. The exchange, on the other hand, says the regulator is only leveling “unjustified civil claims” against its business. The official announcement reads in part: “Today we are suspending USD…

Uniswap achieved a significant milestone by surpassing 250 million swaps. UNI declined by over 13% as V3 dominated TVL. Uniswap [UNI] has been making waves recently, as the platform crossed a significant milestone in the number of swaps. However, it’s not just the sheer volume of swaps that highlighted its growth since its launch.  How much are 1,10,100 UNIs worth today? Uniswap sees record swaps On 9 June, Uniswap reported an astounding achievement in the form of a groundbreaking number of swaps conducted on its platform. The figure, supported by data from Dune Analytics, recently surged past the 250 million mark.…

Cryptocurrency offers privacy, as it is a virtually untraceable payment method. The technology supporting these currencies is highly secure, which is another draw for those interested in cryptocurrency trading.Cryptocurrency trading is the practice of trading one cryptocurrency for another. People use this form of trade to enhance their crypto-wealth by making the correct market decisions. There are two types of trading in the crypto world: centralized and decentralized exchanges.Centralized exchanges allow for the storage and purchase of currencies, while decentralized eliminate the “go-between” when exchanging or trading cryptocurrency. Given the sensitive financial nature of these exchanges, security is paramount.While most…