Author: CryptoHoppers

Exxon Mobil Corp (XOM.N) in coming days will sharply ramp up diesel and gasoline production at its Beaumont, Texas, refinery, people with knowledge of the matter said, winding up a $2 billion expansion first considered nine years ago. Initial startup of a 250,000 barrels per day (bpd) crude distillation unit (CDU) at the 369,000 bpd refinery is expected by Jan. 31, the sources said, making the Beaumont refinery the second biggest in the United States. It is the first big expansion to U.S. oil processing in almost 10 years, adding the equivalent of a mid-sized refinery, and beginning operations as…

The beauty of technology is that it is committed to producing tools and processing activities, and it just becomes better over time. Once in your lifetime, you might have heard or come across the term “Blockchain”.“Blockchain”, isn’t it, sounds like a hardcore buzzword. OR too techie!!!But do you know, What is it? & Why it’s introduced?  Why it is becoming vital in the digital world.Well, let me help you understand that in a simple and easier manner.In 1991, blockchain was introduced to overcome the flaws of a centralized network, which possesses a single point of failure, if the primary server…

Today’s world is more connected than ever before and as such, communication infrastructure has become the lifeblood of the global economy. No matter if you are a small business owner, a multinational corporation, or an individual, your life wouldn’t be the same without the ability to communicate instantaneously across the globe.For this seamless flow of information and data to be possible, the world depends on many critical components, with telecom carriers playing a pivotal role. These unsung heroes of the digital age play a vital role in enabling the transmission of information, data, and voice across vast distances.Unfortunately, most people…

Death Cross! This is one such topic that’s been discussed in a wide range today. But you might have come across questions like,What is this death cross?  How does it happen?  How do you calculate it?  Then you’re at the right place. This article will help you understand all about death cross in a much simpler wayWhat is Death Cross?Death Cross is a technical measure indicating a more bearish trend to come. Analysts use the term death cross to check & analyze the future of an Asset so that they can take better decisions on their next trade Now let’s understand how to…

Welcome to the world of Memecoins, where dog-themed currencies and internet memes collide to create a financial phenomenon like no other.Have you ever heard of a currency based on a Shiba Inu dog meme or a joke about a popular TV show?Well, that’s exactly what Memecoins is all about!These digital currencies are not only generating massive hype but also a fair share of controversy, with some even calling them a bubble waiting to burst.But what makes Memecoins so intriguing? For starters, their rise in popularity has been nothing short of remarkable.Take the infamous Dogecoin, for instance.Created as a joke by…

As one of the most significant innovations in the crypto market today, Lama is a user-friendly platform allowing crypto lovers to pay and receive payments in fiat and cryptocurrencies easily and instantly.Established to bring innovative blockchain financial services to the mass market in a way that is easy, uncomplicated, friendly, and trustworthy, the platform offers various financial features to save, store, earn, and manage digital currencies through one app.The cryptocurrency industry has been growing over the past decade since its humble beginnings with Bitcoin in 2009. To date, the innovation industry has grown with thousands of different digital assets ranging…

Bitcoin almost broke its record for the longest streak of daily green price candles in January, but most think that its recent surge might be short-lived. While Bitcoin (BTC) has experienced a strong price jump to kick off the New Year, most industry pundits are not convinced that the crypto will continue its upside trajectory – at least in the near-term and mid-term. The impressive price surge – which saw BTC experience 14 days of consecutive price increases earlier this month – has called on many to consider whether the surge marks a considerable “breakthrough” or is indicative of a…

Walmart Inc (WMT.N) on Tuesday said it will increase average hourly wages for its U.S. store workers starting in February, as it aims to attract and retain employees in a tight domestic labor market. Walmart’s new wage hikes raise its average hourly wage pay to $17.50 from the current $17 an hour and will show in March 2 paychecks, the company said. The minimum wage will increase by as much as $2 for workers at its U.S. stores to a range of $14-$19 per hour, depending on location, a spokesperson said in an email, adding that nearly 340,000 workers at…

The Web3 Foundation, which supports the Polkadot protocol, has once more presented its argument that its native DOT token is not a security. The Foundation reminded the world that, in its eyes, it has conformed to SEC requirements and DOT should no longer be considered a security. In a recent Twitter thread, the foundation insisted on its Efforts to comply with the United States securities laws, and Securities and Exchange Commission guidance concerning the digital assets, and declared that DOT had successfully “morphed” and is software, not security. The Web3 Foundation reposted an excerpt from a December Twitter Space where…

Binance added support for iconic NFTs like Bitcoin Punks and Bitcoin Frogs. The exchange came up with a rewards program to boost trading activity on the marketplace. Binance [BNB], the world’s leading cryptocurrency exchange, announced support for Bitcoin [BTC] non-fungible tokens (NFTs) on its dedicated NFT marketplace platform. Read Binance Coin’s [BNB] Price Prediction 2023-2024 The exchange has thrown its hat in the booming Bitcoin NFT ring. The development will enable users to list, explore and trade NFTs from the network via their Binance accounts, eliminating the need to have a taproot-compatible Bitcoin wallet to do so. Furthermore, users will be…