Author: CryptoHoppers

Investor Luke Gromen believes that the winds are shifting in the US, creating conditions that could boost Bitcoin (BTC) to price levels never seen before. In a new interview on the Julia La Roche Show, the macro guru says he has “very high conviction” that policymakers in the US will weaken the dollar this year in an effort to rebuild the country’s defense industrial base. Last month, Gromen said that the US realized it was facing a national security crisis after being defeated by Russia in Ukraine. The investor noted the Department of Defense is now willing to debase the…

Jupiter Airdrop Lead Mei has shared a detailed update addressing community concerns and challenges surrounding 2024’s airdrop. In a X post, the team member acknowledged the complexities of the current distribution, attributed a larger user base, increased transactions, and a more complex macro environment compared to last year. Jupiter Community Feedback on Airdrops   Jupuary feedback review First of all, I wanted to say a big thank you to everyone for being a user, voter and for being so passionate about this Jupuary. The whole team is working their ass off to make this a meaningful drop for everyone, and…

Key Takeaways Robinhood plans to distribute crypto rewards to eligible users accessing their countdown screen at a specific time. Rewards must be maintained in users’ Robinhood accounts for one year, with the possibility of involving Bitcoin or other digital assets. Share this article Robinhood plans to distribute crypto rewards to eligible users who access the platform’s countdown screen at 8:30 PM Eastern Time, according to social media reports. Have you seen the new countdown in your Robinhood app? 👀 We have a surprise coming. Update your app and make sure to be on the countdown screen at 8:30 PM ET…

NYDIG, the Bitcoin-focused subsidiary of Stone Ridge, is exploring the integration of float financing into its Bitcoin-backed lending services, according to the firm’s 2024 investor letter.  The strategic move strives to provide Bitcoin holders with enhanced liquidity options while retaining their exposure to the cryptocurrency. 🚨 BREAKING: NYDIG to launch HODL Loans — efficient, low-cost Bitcoin-backed fiat loans designed to empower HODLers. “Borrow at a low rate, in the right amount, at the right time — keep #Bitcoin off the market and accelerate fiat debasement.” 💥 pic.twitter.com/z7gQxnEfK9 — Swan (@Swan) December 30, 2024 NYDIG To Revolutionize Bitcoin Lending Float, a…

Agentic AI platform ai16z’s native token has rallied following the project’s plans to launch its own Layer-1 blockchain. ai16z (AI16Z) rose 38% to an all-time high of $1.77 on Dec. 31, while its market cap surged from $1.4 billion to past $1.9 billion at that time per data from crypto.news. The rally was fueled by heightened trading activity, with its daily volume doubling over the past day to $330 million. Zooming out to its weekly and monthly charts, the gains were significantly higher at 156% and 383%, respectively, making it one of the best-performing assets among the top 100 cryptocurrencies…

Key Takeaways Genius Group stock rose 11% after the firm expanded its Bitcoin Treasury to $30 million. The company reported a 1,649% BTC yield since its initial acquisition in November. Share this article Genius Group Limited (GNS) stock rose 11% to approximately $0.72 in early US trading Monday after the AI-driven education company said it had expanded its Bitcoin holdings to $30 million, according to Yahoo Finance.The company increased its Bitcoin Treasury by $10 million, bringing its total holdings to 319.4 Bitcoin, according to a Monday statement.The expansion comes as Genius Group reported a 177% increase in net asset value…

A country in Central America continued to invest in Bitcoin as the nation beefed up its BTC reserves to more than $500 million. El Salvador purchased additional coins to increase its holdings to over 6,000 units, allowing the Central American country to join the 6,000 Bitcoin club. BTC Investment Up By 108% El Salvador President Nayib Bukele further solidified Bitcoin as the country’s primary treasury asset after bolstering the nation’s Bitcoin reserve. It is a move that showed how El Salvador has embraced and adopted cryptocurrency in its treasury management strategy. With the purchase, the portfolio tracker of the National…

Key Takeaways Sberbank, TBank and Tochka Bank are now part of the digital ruble pilot program. By July 2025, major Russian banks must support digital ruble functionalities or face fines from the CBR. Share this article Sberbank, Russia’s largest lender, has joined the digital ruble pilot program along with TBank and Tochka Bank, according to a statement from the Central Bank of Russia (CBR) reported by Interfax on Dec. 28.The program previously included 12 credit organizations, with expectations for an additional 14-15 banks to onboard in 2025, said Olga Skorobogatova, former First Deputy Governor of the CBR in an October…

The Sui network, a rising star in the blockchain world, has been making waves with its innovative approach to decentralized applications and transactions. The blockchain experienced a rare service interruption today on November 21, 2024. In an announcement on social media, Sui informed its users that the network had temporarily ceased processing transactions due to unexpected outage. Sui from its official social media platform informs its users about the outage and restoration (Source: X Post) The outage, which lasted for approximately two hours, was due to a bug in the transaction scheduling logic. This issue caused validators – critical nodes…

Key Takeaways ProShares has filed for ETFs that track the S&P 500, Nasdaq-100, and gold priced in Bitcoin. These ETFs will use Bitcoin futures to achieve Bitcoin-denominated returns rather than directly investing in Bitcoin. Share this article ProShares, a prominent asset manager overseeing more than $75 billion in assets, is seeking SEC approval to offer three new ETFs that would track the performance of the S&P 500, the Nasdaq-100, and gold relative to Bitcoin.The proposed funds — ProShares S&P 500 Bitcoin ETF, ProShares Nasdaq-100 Bitcoin ETF, and ProShares Gold Bitcoin ETF — will measure returns in Bitcoin terms rather than…