Author: CryptoHoppers
Edwin Rojas Ulo, President of the Central Bank of Bolivia, referred to the recent change in stance that the institution had on crypto and stablecoins. According to reports, Rojas Ulo stated that he believes adding crypto to the national financial system might be beneficial as an alternative and remarked on the function of stablecoins as […] Source link
What’s the buzz around decentralized prediction markets for the 2024 elections? See how you can predict the next president and cash in on your insights. Ever wondered if you could predict the outcome of an event and profit from your foresight? Decentralized prediction markets make that possibility a reality. Recently, these markets have seen explosive growth, particularly with the 2024 U.S. presidential elections approaching. Polymarket, a leading crypto-based prediction market platform, has experienced a dramatic surge in activity. According to Dune Analytics, Polymarket’s volume surpassed $100 million in June alone, marking a record month in the platform’s breakout year. The…
Biden and Trump’s crypto stances in the first presidential debate of 2024 could sway voters. TREMP and BODEN memecoins saw fluctuations. On the 27th of June, President Joe Biden and former President Donald Trump will face off in the first presidential debate of the 2024 election. Hosted by CNN, this debate marks their first joint appearance on a debate stage since 2020. Given that both candidates have contrasting approaches to cryptocurrency, this debate might also serve as a platform for them to express their actual views on the subject. This could significantly influence the decisions of the crypto voters in…
Key Takeaways Bitcoin dropped 2.7% after Fed Chair Powell’s remarks on maintaining higher interest rates. Crypto markets face potential volatility due to Fed’s cautious approach to rate cuts. Share this article The Fed’s Chairman Jerome Powell spoke at Sintra yesterday and doubled down on his moderate tone shown recently. Powell reinforced that the Fed needs to be more confident before cutting interest rates, highlighted that a 4% unemployment rate is “still very low,” the return of disinflation, and that he doesn’t see 2% inflation this year or the next.As a result, Bitcoin (BTC) registered a 2.7% pullback in the past…
In an exciting fusion of technology, art, and the vibrant culture of NFTs, the ‘Decentral Eyes – Safe Passage Variant‘ by Coldie is making waves in the digital art world. This unique piece, featuring the enigmatic Jack Dorsey, is being offered through a thrilling blind mint event. Once the blind mint concludes, each token will reveal art and metadata for one unique still frame from the 240-frame, 8-second animation. Each of these frames is a 1/1 edition, making every piece a unique collector’s item. The Blind Mint Experience Blind mints add an element of surprise and excitement to the NFT…
The U.S. Commodity Futures Trading Commission (CFTC) filed a case against Sam Ikkurty, Ravishankar Avadhanam, and Jafia LLC for civil violations of the Commodity Exchange Act (CEA), specifically involving cryptocurrency investments. The court granted the CFTC’s motion for summary judgment on Monday, finding that the defendants misrepresented the performance of their crypto funds, operated a […] Source link
Mesh, a U.S. fintech company backed by Paypal Ventures, has partnered with Italian digital asset wallet Conio to enhance cryptocurrency exchange access for Conio’s 430,000 customers. This collaboration allows users to access 10 leading crypto exchanges, including Binance and Coinbase, through the Conio app, and seamlessly transfer bitcoin purchases directly into their Conio wallets. By […] Source link
The Polkadot ecosystem is facing a set of unique challenges in the Web3 ecosystem. To start, it is facing a funding crisis. A recent report released by the Polkadot Treasury for the first half of 2024 has raised concerns over another collapse like FTX. One use on X Web3 Philosopher by the tag @seunlanlege writes, “It’s insane to me how much money the Polkadot treasury is wasting on misplaced marketing. Did we learn nothing from FTX and http://crypto.com?” Polkadot faces reputable challenges There is an uproar in the crypto community especially Web3 concerning Polkadot. Let’s unpack victorji.eth on X, the…
Key Takeaways XP platform promises significant savings on ticket fees. The system uses tpNFTs for enhanced security and authenticity in ticket sales. Share this article Solana just dropped a new video to promote XP, a decentralized alternative to TicketMaster. The release focuses on the problems with the US ticket industry and how XP solves this so-called ‘Ticketmaster problem’ with Solana. imagine not having to use ticketmaster ever again pic.twitter.com/ajKHGbg2MV — Solana (@solana) July 2, 2024The video highlights excessive fees and lack of transparency in ticket pricing, where a $455 ticket to join a Taylor Swift show can end up costing…
A JPMorgan report reveals that JPM Coin has processed billions of dollars seamlessly with Ant International, the global arm of Ant Group, which owns and operates Alipay. The report emphasizes plans for client-hosted blockchain nodes, currently controlled by JPMorgan, to increase decentralization and direct client connectivity. JPMorgan Explores Programmable Banking and Payments With JPM Coin […] Source link