Author: CryptoHoppers

Key Takeaways A federal judge denied Ripple and the SEC’s joint request to scrap a permanent injunction and reduce a $125 million penalty. The court emphasized that modifications to final judgments require extraordinary circumstances under Rule 60(b). Share this article A federal judge on Thursday denied a joint request from the SEC and Ripple Labs to slash a $125 million penalty and lift legal constraints on Ripple’s institutional XRP sales, keeping in place the injunction imposed in 2024, as announced by defense lawyer James Filan.The motion, submitted earlier this month, marks the parties’ second bid to convince the court to…

Bitcoin’s long-term holder spending plummets to a two-week low. Long-term holders are aggressively stacking despite market volatility, reflecting high market conviction. For the first time in two weeks, Bitcoin [BTC] has recorded significant gains for three consecutive days. BTC has surged from a local low of $98k to $106k, signaling recovering upward momentum.  Although BTC has made a significant recovery, restoring profit margins for both STHs and LTHs, long-term investors are eyeing further gains. Inasmuch as so, Bitcoin’s long-term holders have refused to sell.  Spending by Bitcoin LTHs plummets According to Glassnode, spending by long-term holders was at a two-week…

TLDR: Bitcoin broke $106.6K as short liquidations and spot volume signaled a bullish reversal. The bear trap played out with falling funding and rising open interest, triggering liquidations. Rekt Capital sees $109.4K as a springboard; the next resistance lies at $111.7K. Spot buying rose as open interest dropped, confirming a momentum shift in real-time data. Bitcoin is showing renewed bullish momentum as key technical and on-chain signals converge. A breakout from previous resistance zones and a textbook bear trap played out in recent sessions.  Traders using real-time data with price action gained a critical edge. Market reactions reflected precision-driven movements,…

Key Takeaways zkLend is shutting down after a security exploit and the ZEND token’s delisting from Bybit and KuCoin. The protocol will use its remaining $200,000 treasury to support affected users and is open-sourcing its codebase. Share this article zkLend, a decentralized lending protocol built on Starknet, has announced it will cease operations in the wake of a February 2025 exploit that led to the loss of nearly $10 million and the delisting of its ZEND token from major crypto exchanges.The protocol will allocate its remaining treasury of $200,000 toward a recovery fund to support affected users rather than relaunching…

An analyst known for calling the November 2021 crypto bull cycle top says he’s looking to heavily accumulate Bitcoin (BTC) if it drops below $100,000. Pseudonymous analyst Pentoshi tells his 867,700 followers on the social media platform X that he’s long-term bullish on Bitcoin, and he thinks dips below the six-figure price level are golden opportunities to stack more BTC. “I bought 25 BTC to start to scale in. Spot, of course. But I think the biggest area I want to buy is around $94,000 if given, where I would go pretty heavy. I think in the next few years…

What does Pulte’s FHFA crypto mortgage signal actually mean for American homebuyers, and could it rewrite lending norms for those who store wealth in Bitcoin and stablecoins? Mortgage, Pulte, and FHFA enter the crypto conversation In a recent announcement, Federal Housing Finance Agency Director Bill Pulte has publicly stated that the agency will “study the usage of cryptocurrency holdings as it relates to qualifying for mortgages.”  The announcement, posted on X on Jun. 24, introduces the possibility that Bitcoin (BTC) and other digital assets could soon factor into U.S. home loan evaluations. We will study the usage pf cryptocurrency holdings…

Key Takeaways Aptos Labs and Jump Crypto launched Shelby, a decentralized hot-storage protocol designed for speed and high-frequency Web3 workloads. Shelby offers global, high-performance infrastructure and chain-agnostic compatibility, enabling real-time decentralized applications across multiple blockchain networks. Share this article Aptos Labs has joined forces with Jump Crypto to unveil Shelby, a new decentralized hot-storage protocol designed to support real-time, high-throughput web3 applications, according to a Tuesday announcement. Storage is broken. Big Tech controls data. Web3 can’t rely on Web2 infra. It ends now.@ShelbyServes, Web3’s 1st cloud-grade infra, by @jump_ @AptosLabs.Decentralized, monetizable storage for data-rich apps. Hot by design. Chain-agnostic. Incentivized.https://t.co/5upCfuzVT5…

The crypto financial firm Anchorage Digital integrated Uniswap Labs Trading API to give its institutional access users streamlined access to the liquidity of the decentralized exchange (DEX) Uniswap.Institutional clients of Anchorage Digital’s self-custody wallet Porto can more easily swap tokens and access decentralized finance (DeFi) liquidity directly from the firm’s platform, removing reliance on third-party platforms.”Anchorage Digital’s wallet integration with the Uniswap Labs API empowers institutions in DeFi to move at crypto-native speed — without compromising security,” said Anchorage Digital CEO and Co-Founder Nathan McCauley in a statement.More institutions are eyeing investment opportunities in the DeFi space — and crypto…

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Crypto communities are buzzing again as blockchain platforms roll out real use cases that reward users directly. One project making waves is FUNToken, which has just launched a Telegram bot that automatically rewards helpful and funny content with real crypto. The feature is already proving that user engagement and gamified incentives can drive value at the protocol level. But this isn’t the first time FUNToken has grabbed attention with innovation. Historical data suggests that the token often experiences significant momentum after major releases like this one. Previous spikes followed quarterly token burns, wallet rollouts, and staking upgrades. With over 95,000…