Author: CryptoHoppers

Ava Labs introduces Avalanche ICTT, or Avalanche interchain token transfer, an efficient and harnessed service for builders to set up contracts for token transfers on Avalanche. This advancement simplifies the conventional complications and high-cost procedures associated with developing and auditing smart contracts that are intended to facilitate the transfer of tokens between layer 1 blockchains. Avalanche ICCT facilitates the uninterrupted bridging of tokens, such as USDC and BTC, among multiple L1s on Avalanche through pre-built, permissionless, and extensively audited smart contracts. This allows for faster transactions while also maintaining safety and quality standards throughout all cross-chain transactions. In the ever-shifting…

Key Takeaways Ethereum spot ETFs will begin trading on July 23, 2024, following SEC approval. Major financial institutions like Grayscale and Fidelity are set to launch these ETFs. Share this article The US Securities and Exchange Commission (SEC) has given the green light for the launch of multiple Ethereum spot exchange-traded funds (ETFs), with trading slated to begin on July 23, 2024. It’s official: Spot Eth ETFs have been made effective by the SEC. The 424(b) forms are rolling in now, the last step = all systems go for tomorrow’s 930am launch. Game on. pic.twitter.com/9MaBDBA8co — Eric Balchunas (@EricBalchunas) July…

On July 17, KnownOrigin.io announced a significant decision to wind down its on-chain marketplaces and minter. This move signals growing uncertainty in the NFT market, raising questions about the sustainability of these platforms as the industry faces mounting challenges. Over the coming weeks, KnownOrigin will direct users to secondary marketplaces, marking a pivotal shift for the platform. https://x.com/KnownOrigin_io/status/1813576642058698830 The Implications of Shutting Down On-Chain Operations KnownOrigin’s decision to cease on-chain operations is a blow to the NFT community, which has relied on the platform for innovative and creative CryptoArt experiences. This unexpected development highlights deeper issues within the NFT marketplace…

India supports the idea of an independent BRICS payments system but stresses the importance of a cautious and systematic approach. According to Ash Narain Roy, Director of India’s Institute of Social Sciences, thorough discussions among all parties are essential before making any decisions. He noted that many BRICS members share this cautious perspective. India Supports […] Source link

XRP price started a fresh increase from the $0.540 zone. The price is now rising and eyeing an upside break above the $0.600 resistance zone. XRP price started a fresh increase above the $0.580 zone. The price is now trading above $0.580 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with support at $0.5880 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could extend gain bullish momentum if it clears the $0.60 resistance zone. XRP Price Eyes More Upsides XRP price remained stable above the $0.540 level and started…

Dogwifhat, Helium, Core, and Pepe have emerged as the top gainers in the crypto market over the past week. Each token experienced a price surge exceeding 40%. Dogwifhat Dogwifhat (WIF) is up over 50% for the past seven days, exchanging hands at $2.56 at the time of writing. The crypto assets had a daily trading volume of $311 million, while its market cap had surpassed the 2.55 billion mark per data from CoinMarketCap WIF price chart | Source: CoinMarketCap Despite lacking any clear utility, WIF — the dog-themed meme coin based on Solana — has become one of 2024’s top-performing…

Cboe, the Chicago Board Options Exchange, is preparing to list five new ether exchange-traded funds (ETFs) on Tuesday, pending regulatory effectiveness. These five spot ethereum ETFs are from 21shares, Fidelity, Franklin, Invesco Galaxy, and Vaneck. The U.S. Securities and Exchange Commission (SEC) approved Form 19b-4 filings for eight spot ether ETFs in May and has […] Source link

 The whole point of crypto and blockchain is privacy, security, and decentralization. You want your transactions and stored assets to be untraceable, secure, and completely private. That’s why we’ve compiled a list of 5 best anonymous crypto wallets that don’t require KYC. No need to share your name, address, ID document, or even an email.  These wallets are a path to crypto storage and transactions where privacy and security come first. But why should you trust these wallets? What makes them stand out in the crowded crypto space? And more importantly, do they really deliver on their promise of anonymity? …

In the latest analysis by blockchain data provider Lookonchain, Ethereum has emerged as the clear leader in blockchain fee revenue. The analysis shared in a recent tweet ranks the top 10 chains by 1-year fee revenue. Here are the top 10 chains by 1-year fee revenue.#Ethereum earns a fee of $2.728B per year, #Bitcoin earns a fee of $1.302B per year, and #TronNetwork earns a fee of $459.39M per year. pic.twitter.com/ixAiP9g8JA — Lookonchain (@lookonchain) July 3, 2024 Breaking Down the Top Performers Ethereum’s performance stands out as it ranks first. The network has generated $2.728 billion in fee revenue over…

Key Takeaways US spot Bitcoin ETFs saw strong inflows this week, with funds collectively capturing over $1 billion. Crypto market sentiment is turning positive, with the Crypto Fear and Greed Index hitting 74. Share this article US spot Bitcoin exchange-traded funds (ETFs) have drawn in over $2 billion from investors over the past two weeks amid renewed market optimism, with the Crypto Fear and Greed Index hitting its highest level since late June, according to data from SoSoValue and Alternative.me.(Note: ARKB’s Friday flows are not included as there was no update observed at the time of reporting).Data from Alternative.me shows…