Author: CryptoHoppers

Bitcoin has just made a significant stride in the world of non-fungible tokens (NFTs) with the introduction of the BRC-721E token standard. This new development, created by Ordinals.market and Xverse Bitcoin Wallet, is set to revolutionize the NFT landscape and further establish Bitcoin’s presence in the market. Let’s explore what this means for the world of NFTs and how it simplifies the process for NFT collectors to migrate to the Bitcoin network. The BRC-721E Token Standard The BRC-721E token standard is a groundbreaking protocol that enables Ethereum-based ERC-721 projects to seamlessly transition to the Bitcoin network. The process involves sending…

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Reserve Bank of Australia (RBA) recently released a report discussing the potential of stablecoins and CBDCs, highlighting the importance of regulatory mechanisms for digital assets. In an update from Australia, the RBA has released more information from an ongoing inquiry concerning a digital assets bill. The bill will regulate crypto platforms, custody services, and particularly stablecoins, a form of digital currency. The RBA has put a spotlight on stablecoins in its review. Although the bank acknowledges stablecoin activity in Australia as being limited at present,…

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Apple’s new Vision Pro MR headset, with dual processor architecture and a dozen cameras, is not likely to be a realistic purchase for the masses just yet, despite its impressive specifications. The device was announced on June 5, and is years ahead of competitors such as Meta. It is priced starting at $3,499, a cost that will most likely be prohibitive for most consumers. The Vision Pro, unveiled by Apple, is a wearable computer with a three-dimensional user interface that blends digital content with the real…

Data from Glassnode shows that the current Bitcoin price is where the cost basis of a large number of coins lies. Here’s what this means. 780,000 BTC Was Acquired Near The Current Spot Prices According to data from the on-chain analytics firm Glassnode, 4.6% of the entire circulating Bitcoin supply has its acquisition price near the current spot prices of the asset. The relevant indicator here is the “entity-adjusted UTXO Realized Price Distribution (URPD),” which, in simple terms, tells us about how the cost basis of the investors is distributed right now. The cost basis here refers to the price…

UNI’s supply on exchanges increased while supply outside of exchanges decreased. Metrics suggested that the token was under selling pressure. On 3 June, Uniswap [UNI] witnessed a massive spike in its adoption as it reached a new milestone. As per Uniswap’s latest tweet, Uniswap wallet downloads crossed the 200,000 mark in six weeks since its launch.  200k wallet downloads in just 6 weeks ???? Thanks for your support and feedback as we work to make this the best wallet in crypto ???? If you’re not one of those 200k…download here:https://t.co/AbDJspGvlx — Uniswap Labs ???? (@Uniswap) June 3, 2023 At first…

FewoWorld is about to experience a cosmic explosion of creativity with the arrival of FEWOs, the inhabitants of this imaginative realm. Created through the power of Paint, these 20,000 unique characters are set to make their debut from August 21-25. Let’s delve into the intriguing lore behind FEWOs and what sets them apart from other projects.   Unveiling the FEWOs: FEWOs are not your ordinary profile picture (PFP) project. Each FEWO possesses a distinct set of traits and characteristics that are ingrained in their DNA. From captivating squiggly eyes to intricate linework bones, every trait has been meticulously hand-drawn by…

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.Internet Computer is down -3.19% today against the US DollarInternet Computer is currently trading 12.06% above our prediction on Jun 10, 2023Internet Computer dropped -18.29% in the last month and is down -36.60% since 1 year agoInternet Computer price$ 4.69Internet Computer prediction $ 4.19 (-10.76%)Sentiment BearishFear & Greed…

The multichain protocol has been compelled to block all cross-chain services for the sake of safeguarding the interests of connected users. At the present moment in time, the protocol is going through a rough patch of functional interruptions because of factors they were completely unaware of. This important bit of information was received through a formal statement made by MultichainOrg. All of this means that it will not be possible to make calls to the chains that have been impacted. Incidentally, the Multichain protocol was previously known by the name, Anyswap.  The primary issue that the company seems to be…

I. Introduction Welcome to the comprehensive guide on the challenges of Web3 gaming and Non-Fungible Tokens (NFTs). As the gaming industry evolves and embraces blockchain technology, Web3 gaming and NFTs have emerged as exciting innovations that offer unique opportunities and experiences. However, along with their potential, these advancements also bring several challenges that need to be addressed for widespread adoption and success. In this guide, we will explore the various issues surrounding accessibility, knowledge gaps, fear, uncertainty, and doubt (FUD), as well as game feel and feedback loops in the context of Web3 gaming and NFTs. By understanding these challenges,…

Payrolls rose 339,000 in May, exceeding expectations and indicating a resilient labor market. The US economy continued to generate employment in May, despite macroeconomic challenges. Nonfarm payrolls increased to 339,000, significantly surpassing Dow Jones’ expectations of 190,000, as a result, May marked the twenty-ninth consecutive month of positive job growth in the country. According to the US Bureau of Labor Statistics, although the unemployment rate rose to 3.7% compared to the estimated 3.5%, the labor market remained strong. Similarly, average hourly earnings increased by 0.3%, as expected, while annual wages rose by 4.3%, slightly below the estimate. The term “payrolls”…