Author: CryptoHoppers

Yamgo has announced receiving support from the HBAR Foundation. The partnership’s objective is to accelerate the adoption of the ecosystem of Hedera, further solidifying the commitment to bringing more brands to the metaverse. The expansion will likely cover retail consumers and brands; however, the focus will be on getting more brands to the platform. Yamgo will prioritize the advertisement partners who have worked with them in the past. What strengthens this partnership is the advertisement arm of Yamgo, AdsDax. The advertisement venture leverages the capabilities of Hedera to create advertisement campaigns that are resistant to fraudulent activities. It combines brand…

Crypto arbitrage scanners allow users to profit from price differences across different cryptocurrency exchanges. Crypto arbitrage scanners enable traders to see what platforms are best for buying a particular cryptocurrency and where it should be sold to maximize returns. In essence, crypto arbitrage is a trading strategy that takes advantage of price discrepancies for a particular cryptocurrency across multiple crypto exchanges. The concept of arbitrage is based on the principle of buying an asset at a lower price in one market and selling it at a higher price in another market, thus making a profit from the price differential. Here…

Although the cryptocurrency market is still drastically lower than it was at the time of Bitcoin’s $20,000 peak, BTC futures volume on the Chicago Mercantile Exchange (CME) has continued to establish new highs over recent months.In other words, contrary to popular belief, futures vehicles have become an integral facet of crypto trading. The U.S. Commodity Futures Trading Commission (CFTC), who oversees this aspect of this embryonic market, has picked up on this trend, with an insider to the agency revealing that it may soon approve Ethereum (ETH/Ether) futures.CFTC Is Amicable Towards Ether FuturesPer an exclusive report from CoinDesk, which cites…

Observers believe Wednesday’s XRP price pump indicates that Ripple has the upper hand in its ongoing litigation with the SEC.  Ripple native token XRP recently experienced an 8{ee212069bfc2680724ddd6b0d505d051cd6a6be760d8da0a6a57844f2abae5c8} price pump following a seemingly ‘favorable’ court ruling. The digital currency’s jump came after the presiding judge in the long-drawn-out Ripple vs SEC case denied a motion filed by the regulator. Ripple’s XRP traded at 46 US cents at 12:45 pm Singapore time Wednesday. Furthermore, XRP’s recent price upswing marks the crypto’s highest climb in seven weeks. This is likely because investors interpreted Judge Analisa Torres’ ruling as favorable for Ripple. XRP remains the…

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a significant development for the digital asset industry, the US Securities and Exchange Commission (SEC) has officially declared filecoin as a security.  On May 17, the crypto investment business Grayscale Investments withdrew its application to launch a filecoin trust fund. Initially, Grayscale voluntarily filed Form 10 to the SEC to gain reporting status for the trust. However, the response from the regulator requires that the application is withdrawn now, as filecoin is treated as security. ????NEW: @Grayscale says the @SECGov has asked it to withdraw…

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The crypto market has been tumbling for the past three weeks, with a roughly $145 billion fall in its global market capitalization. Shiba Inu (SHIB), the second-largest meme coin, hasn’t been a safe haven for its holders. SHIB’s price has been constantly going downwards over the last 30 days along with the global crypto market cap, which plunged from around $1.28 trillion to roughly $1.35 trillion at the time of writing, according to data provided by CoinMarketCap (CMC). Moreover, shiba inu started the month at the…

The price of SUSHI, the native token of SushiSwap, a decentralized exchange, is down 45{ee212069bfc2680724ddd6b0d505d051cd6a6be760d8da0a6a57844f2abae5c8} from February 2023, when prices peaked at $1.63, the highest level in six months. SushiSwap Token Redesign This contraction is despite the successful implementation of a proposal to redesign SUSHI’s tokenomics, making SUSHI, a governance token, more deflationary. The proposal was first made in December 2022 by Chief Chef Jeremy Grey and was voted on and agreed on by the community early this year. The proposal passed with a majority vote and will seek to reduce the SUSHI supply over the years. At the same…

Ethereum Classic faces the weight of the bears as the FUD wave sends ripples across the altcoin market. ETC loses last week’s gains but there is evidence of buyers buying the dip. The crypto market cap fell 4.48{ee212069bfc2680724ddd6b0d505d051cd6a6be760d8da0a6a57844f2abae5c8} in the last 24 hours, at the time of writing. Most of the wiped-out liquidity was from the altcoin market and Ethereum Classic was one of the coins at the forefront of the latest sell-off. Is your portfolio green? Check out the Ethereum Classic Profit Calculator A brief look at CoinMarketCap revealed that the top altcoins shed a substantial amount of value…

Bitcoin price is correcting gains and trading below $27,500. BTC must stay above the 100 hourly SMA to start a fresh increase in the near term. Bitcoin struggled to climb above $27,500 and started a downside correction. The price is trading above $26,600 and the 100 hourly Simple moving average. There is a key rising channel forming with support near $27,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above $26,750 and the 100 hourly SMA. Bitcoin Price Corrects Gains Bitcoin price climbed higher above the…

If you want to buy Bitcoin with a Visa gift card, you’ll most likely have to use a P2P (peer-to-peer) cryptocurrency marketplace. P2P cryptocurrency marketplaces provide a platform where cryptocurrency buyers and sellers can arrange trades directly with each other. Funds are placed into escrow until both the buyer and seller completed their end of the transaction. After both parties confirm the transaction, funds are released from escrow. The pros and cons of buying Bitcoin with a Visa gift card The main advantage of P2P cryptocurrency marketplaces is flexibility. Most importantly, sellers can choose to accept a wide variety of payment…