Author: CryptoHoppers

Key Takeaways Clearpool received $400,000 in XPL tokens from Plasma to boost PayFi, its credit infrastructure for stablecoin payments. Plasma is a blockchain network focused on improving stablecoin liquidity and facilitating global money movement through its native XPL token. Share this article Clearpool, a DeFi protocol focused on embedding credit infrastructure into stablecoin payments, secured $400,000 in XPL funding from Plasma, a blockchain network designed for stablecoin liquidity and global money movement.The funding uses XPL, the native token of the Plasma network used for incentives and ecosystem growth, to support Clearpool’s expansion of PayFi, a credit layer concept that provides…

Forget theory. Artificial intelligence is already on the ground floor of decentralized finance, overhauling everything from market-making bots and profit-seeking strategies to how we borrow money on the blockchain. We’re witnessing a pivotal moment where a new class of projects are using AI to make DeFi smarter, faster, and more intuitive. Let’s look at the teams who are actually shipping code and making a difference right now. Code and applications Lending in DeFi has always had a big catch – You have to put up more money than you borrow because nobody knows who you are. AI is starting to…

Key Takeaways ProCap BTC has appointed Jeb Hensarling, former Chairman of the US House Financial Services Committee, as a senior advisor. Hensarling brings significant regulatory experience, valuable as ProCap BTC focuses on Bitcoin treasury operations. Share this article ProCap BTC, a Bitcoin treasury company with the ticker symbol $BRR, has appointed Jeb Hensarling, former Chairman of the US House Financial Services Committee, as a senior advisor. The appointment brings regulatory expertise to the company’s Bitcoin treasury operations.The US House Financial Services Committee oversees banking, securities, and financial regulations, making Hensarling’s experience particularly relevant as Bitcoin treasury companies navigate evolving regulatory…

Key Takeaways How did Bitcoin make a new all-time high? Steady BTC demand and a wave of short liquidations spurred the leading crypto beyond $125k. What is the next bullish target? The immediate resistance level to keep an eye on is the $133.5k level, which could be a potential resistance zone. On the 5th of October, Bitcoin [BTC] set a new all-time high at $125,599, per data from CoinMarketCap. At the time of writing, BTC was trading at $125k and appeared likely to jump higher quickly. Source: BTC/USDT on TradingView The price chart showed that two key supply zones (red)…

Bitcoin jumped to a record high, boosted by safe-haven bets, increased exchange-traded funds inflow, and the rising Fear and Greed Index. Summary Bitcoin’s latest surge underscores a renewed wave of investor optimism driven by improving market sentiment, expectations of Federal Reserve rate cuts, and mounting inflows into spot ETFs. The convergence of macroeconomic tailwinds, seasonal strength, and risk appetite has positioned BTC for another potential leg higher — signaling that the world’s largest cryptocurrency may be entering a new phase of institutional-led momentum.  Bitcoin price rises as Crypto Fear and Greed Index jumps Bitcoin (BTC) price continued its strong rally…

Key Takeaways Approximately $80 million in crypto short positions were liquidated in one hour. Short positions bet on price declines; their liquidation often signals bullish momentum. Share this article Around $80 million in crypto short positions were liquidated in the past 60 minutes as digital asset prices surged higher, forcing bearish traders to close their positions at losses.Recent market activity has shown bearish traders increasingly under pressure from sudden price surges across major digital assets. The forced closure of short positions often signals strengthening bullish sentiment in the crypto market.Liquidations typically occur when traders’ positions move against them beyond their…

TLDR VanEck has officially registered its Lido Staked Ethereum ETF in Delaware. The filing is an important step before seeking approval from the U.S. Securities and Exchange Commission. Lido Staked Ethereum offers investors exposure to yield-generating digital assets. LDO token saw a significant price surge of 7% following the registration announcement. Delaware’s favorable trust laws make it a popular jurisdiction for registering new funds. VanEck has officially registered its VanEck Lido Staked Ethereum ETF in the state of Delaware. If approved, this marks a significant expansion of its crypto ETF offerings. The registration indicates VanEck’s growing interest in offering new…

TLDR: Ripple provided $1.3M in stablecoin to fund UC Berkeley’s new Center for Digital Assets and blockchain research. The center will study blockchain, digital twin technologies, and valuation methods for real-world and digital assets. UC Berkeley and Ripple extend their seven-year partnership with a new accelerator for XRPL blockchain startups. The center will support research, education, and digital asset innovation while nurturing global academic and industry ties. Ripple and UC Berkeley have joined forces to push digital assets into a new chapter.  The university’s College of Engineering is opening a Center for Digital Assets, backed by Ripple’s $1.3 million contribution.…

Key Takeaways World Liberty Financial, a DeFi project with real-world asset tokenization focus and Trump family connections, sold tokens to mining firm Hut8 at $0.25 each. The sale is part of a growing trend where crypto projects partner with mining firms to build treasury reserves, linking DeFi and traditional asset management. Share this article World Liberty Financial, a DeFi project linked to the Trump family that emphasizes real-world asset tokenization, sold tokens to Hut8, a cryptocurrency mining company expanding into treasury management, at $0.25 each for treasury reserves.The transaction comes amid a broader trend of crypto projects building treasury reserves…

TLDR: Bill S.8518 taxes energy for proof-of-work crypto mining, with rates rising above 2.25M kWh in New York. Taxes scale from 2¢ to 5¢ per kWh for crypto miners above set thresholds under new NY plan. Exemptions apply if mining uses off-grid renewable energy not tied to electric grid. All collected funds would support energy affordability programs across New York State. Crypto miners in New York may soon face a new cost shock. A state senator has introduced a bill targeting energy use in proof-of-work mining.  The proposed law would levy an excise tax on electricity consumed by mining operations.…