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Ethereum’s Dencun Upgrade: Boon for L2 tokens or just hype?
15.3.2024
One of the most-awaited updates in the blockchain market is now live: the Dencun Upgrade. Ethereum initiated the clock for its launch in early February. Speculations were that layer-2 tokens would get a boost, and Dencun Upgraded reported a commitment to bring down the average cost. It has done...
Beyond the Hype: Smog Token’s Rise as a Trailblazer in Crypto Alongside FLOKI and Pepe
11.3.2024
Meme coin mania is in full swing as the new trading week begins. Among the Ethereum-based tokens gaining traction, Smog (SMOG) is catching investors’ attention alongside the surge in prices of Pepe (PEPE) and Floki (FLOKI). The speculative mania surrounding the sector has propelled these...
Coinbase Says Value of Many AI Tokens is “Overstated” as Sector Surges 37% in Past Week
8.3.2024
The AI token market has experienced a surge in prices that, according to a research report from leading crypto exchange Coinbase, may be driven more by hype than actual utility.
The post Coinbase Says Value of Many AI Tokens is “Overstated” as Sector Surges 37% in Past Week appeared...
Sentix Media Insights on Crypto: Wave Goodbye to Hype and FOMO
5.3.2024
News media is one of the three top powerful sources that influence crypto coin prices. Yet, thousands of news sources mean a trader can’t follow all of them to get the point of how the market sees a coin price potential at a certain period. Sentix is an AI-powered assistant that analyzes...
Bitcoin Could Slide to $42K After Halving Hype Subsides, JPMorgan Says
29.2.2024
The bitcoin production cost has historically acted as a lower boundary to the cryptocurrency’s price, the report said
Bitcoin Reaches All-Time High Against Chinese Yuan, Exposing Central Bank Practices
28.2.2024
Bitcoin has hit an all-time high (ATH) against the Chinese Yuan (CNY) in the early morning. This follows a remarkable rally in the price of Bitcoin in the last two weeks as hype around the Bitcoin halving event builds.
The post Bitcoin Reaches All-Time High Against Chinese Yuan, Exposing Central...
Layer 1 Injective Introduces ‘CW-404’ to Capitalize on the ERC-404 Hype
23.2.2024
Injective has partenred with DEX DojoSwap to introduce the CW-404 standard
Bitcoin ETFs Return To Outflows Amid GBTC Sale Revival
22.2.2024
Bitcoin ETFs had their first day of net negative outflows for the month of February on Tuesday – a possible sign that hype around the investment vehicles is starting to die down.
The post Bitcoin ETFs Return To Outflows Amid GBTC Sale Revival appeared first on Cryptonews
Beyond hype: A critical look at Ripple’s technology and XRP’s potential
21.2.2024
The Ripple Network was developed to address the issues faced by financial systems in cross-border transactions. The traditional financial systems are sluggish, with unnecessary complications and delays. Often, these fiat-based transactions take days to process, with receivers and senders...
Liquid Restaking Tokens or 'LRTs' Revived Ethereum DeFi. Can the Hype Last?
20.2.2024
New liquid restaking platforms like Puffer and Ether.Fi have attracted billions of dollars in deposits, but they've birthed a speculative "points" frenzy that carries some risks
Dune: Part Two Early Reactions Are Impossibly Positive
16.2.2024
Dune: Part 2, the long-awaited follow-up to January’s erotic popcorn bucket, is less than two weeks from release. Among the most anticipated films of the year, Dune missed its original October bow because studios were trying to bankrupt writers and actors, forcing the film to compete in the shadow...
Coinbase to Report Strong Earnings, ETF Benefits May Surprise Wall Street, Analysts Say
14.2.2024
Coinbase is expected to report strong revenue numbers, given an uptick in crypto trading volume towards the end of 2023
The BlockDAG Success Story: Sells 1 Billion Coins in Presale, Kills Hype Around Ethereum ETFs and Pushd Presale
13.2.2024
Since the creation of Bitcoin (BTC), the largest crypto by market capitalization, the crypto industry has never had a boring day. There is always something happening in the market. Today, Ethereum (ETH) exchange-traded fund, Pushd (PUSHD), and BlockDAG are making headlines after headlines. While...
Bitcoin Price Prediction: BTC Stays Bullish Near $48,500; More Buying Ahead?
12.2.2024
Bitcoin maintains a bullish trajectory, trading near $48,500 on Monday, underscoring a positive outlook for Bitcoin price predictions. Amidst evolving market strategies, Kraken’s executive decision to bypass Super Bowl LVIII advertising highlights a shift from broad, hype-driven exposure to...
Tom Brady NFT Fetches $40K as Super Bowl Legends Hype Digital Collectibles
11.2.2024
The NFL All Day digital collectibles brand, developed by Dapper Labs, entered Super Bowl weekend with a surge of momentum. The sports-themed, digital-collectible brand issued promotional packs of NFTs during the NFL playoffs in January, resulting in several high-profile sales. Notably,...
$WEN Sheds More Than Half Its Value as $GFOX Hype Grows Stronger
11.2.2024
As one of the top Solana-based meme coins, $WEN gained a lot of attention before its airdrop. The expectation drove the memecoin’s price to rise quickly after its launch. However, just as soon as its price rose, it plunged, losing more than half of its value in the process. Meanwhile, Galaxy...
AI Tokens are Back in the Limelight – Meme Coin Investors Scoop Up Scotty the AI Before the Presale Ends
9.2.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Scotty the AI ($SCOTTY) is a new meme coin that has both utility and purpose integrated into its framework. In a market characterized by hype and speculation, $SCOTTY stands out with advanced...
Shiba Inu price and ShibaSwap v2: Hype, hope, and uncertainty
2.2.2024
Shiba Inu is basically a dog-themed altcoin that is considered to be a decent alternative to Dogecoin. Despite market volatility, primarily due to dominant tokens like BTC and ETH, the value of SHIB continues to fluctuate. ShibaSwap is a DeFi platform that features all the essential elements of...
Dogecoin’s Path to $1: Hype, Growth, and Elon’s Shadow
31.1.2024
Dogecoin is one of the most popular meme coins on the market. Despite its market status, DOGE remains one of the best-performing cryptocurrencies. Recently, the original meme coin witnessed massive network growth. Its market activity near the 0.083 dollar level enticed traders to liquidate their...
AI Hype: CFTC Urges Investors to be Wary of AI-Created Crypto-Asset Arbitrage Algorithms
28.1.2024
The Commodities Futures Trading Commission has urged investors to be wary of artificial intelligence-created algorithms which promise dubious returns on crypto asset investments. The commission said investors should conduct background research on the companies or individuals who offer such...