Search
Elon Musk Criticizes NFTs, Gives Nod to Inscriptions: ‘At Least Encode the Jpeg on the Blockchain’
28.12.2023
Elon Musk, the chairman of X, has referred to non-fungible tokens (NFTs) and the defects of their implementation, indirectly making the case for inscriptions. Answering a post on X on the topic of NFTs, Musk suggested saving the jpeg (an image format) of the NFT on the blockchain, like inscriptions...
Assessing Market Trends: Why Solana (SOL) and Retik Finance (RETIK) are the tokens for Long Term Profits
28.12.2023
In this article, we embark on a journey across the cryptocurrency seas, steering toward the shores of long-term profits. Our compass guides us to two promising tokens: Solana (SOL) and Retik Finance (RETIK), showing noteworthy potential amid the ever-changing market trends. Solana creates ripples...
PancakeSwap Developers Launch Proposal to Reduce CAKE Token Supply by 300 Million Tokens
28.12.2023
Adobe Stock / JorgeEduardo Decentralized exchange (DEX) PancakeSwap has introduced a proposal to significantly decrease the maximum supply of its native ecosystem token, CAKE. The developers seek to reduce the token supply from 750 million to 450 million, aiming to better align it with the current...
2 Billion CHMPZ Tokens Will Be Burnt As Chimpzee Gets Set To Launch on P2B
28.12.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Chimpzee (CHMPZ) has done so much to win the crypto community over and the excitement is palpable. The project’s presale has been a stunning success, with this eco-friendly token that has committed...
Elon Musk Weighs in on NFT Technology — Here’s What He Thinks
28.12.2023
Image Source: YouTube/Fox News Elon Musk has again shared his opinion about the current structure of non-fungible tokens (NFTs), noting that embedding JPEG images into a blockchain can establish exclusive ownership for enthusiasts. On December 27, Musk responded to a comment on his platform,...
Best Crypto to Buy Today December 26, 2023 – Ordi, Sui, Aptos
27.12.2023
Ordi, Sui, and Aptos surged in price over the past week, positioning themselves as potentially the best cryptos to buy today. Image by cryptonews.com. The cryptocurrency market continues to see volatility and new developments, with some tokens making notable moves recently. Ordi, Sui, and Aptos...
ORDI’s Record Rally — Leading the Charge in Bitcoin’s BRC20 Token Boom
26.12.2023
On Dec. 26, 2023, the Bitcoin-based BRC20 token, ORDI, soared to a record $81.34 per coin before declining over 14% from its peak. BRC20s have emerged as significant players in the crypto asset arena, with several tokens mirroring ORDI’s trajectory. Bitcoin’s BRC20 Token ORDI Peaks...
Defi Rebounds: Total Value Locked and Token Prices Surge as 2023 Marks a Year of Recovery and Growth
26.12.2023
On April 3, 2022, decentralized finance (defi) protocols held approximately $163 billion total value locked (TVL). By the start of January 2023, this amount declined to $38.30 billion. Concurrently, in April 2022, the leading defi tokens by market capitalization were collectively worth $135...
Ondo Finance Expands With Solana (SOL) – Everlodge (ELDG) to Become Major Force in $4.548T Market
26.12.2023
Ondo Finance has expanded their U.S. Treasury-backed tokens to the Solana (SOL) blockchain and ecosystem applications. As a result, investors can now use them as collateral and in Decentralized Finance (DeFi). These tokenized treasuries spearheaded the real-world asset boom to bring traditional...
Ethereum (ETH), Dogecoin (DOGE), Bitcoin (BTC) Plunge After Holders Capitalize On Gains, Analysts Eye Pullix Presale After It Sells Over 5 Million Tokens In Less Than A Week
26.12.2023
Cryptocurrency markets have witnessed a notable downturn, with major players like Ethereum (ETH), Dogecoin (DOGE), and Bitcoin (BTC) experiencing significant price plunges. This trend has been largely attributed to holders capitalizing on recent gains, leading to a substantial sell-off. Could heads...
This Shiba Inu Alternate Has the Power To Pump Like SHIB
26.12.2023
The “meme coin” phenomenon, sparked by Dogecoin (DOGE) and amplified by Shiba Inu (SHIB), has captured the imagination of investors and the crypto world alike. These tokens, often featuring dog-themed branding and lighthearted communities, have achieved astonishing price surges, leaving...
Biggest Crypto Gainers Today on Uniswap – METIS, MIND, BEAM
25.12.2023
As the broader crypto market slows down after weeks of price surges, a number of tokens on Uniswap UNI) continue to remain key performers, drawing the focus of both investors and traders. One of these top performs is METIS, which has seen its value reach $50, increasing by more than 32% in just...
This Shiba Inu Rival will match the Market cap of SHIB in 2024, reckon experts
25.12.2023
In the dynamic world of cryptocurrencies, the emergence of new and innovative tokens regularly reshapes the market landscape. Shiba Inu (SHIB) has been a remarkable success story, capturing the imagination of investors worldwide. However, as we move towards 2024, a new contender is emerging, poised...
Epic Games Store Changes Policies to Allow Blockchain Games in Its Platform Again
25.12.2023
The Epic Games Store, the digital distribution storefront owned by Epic Games, has made changes that will allow some blockchain games to be listed on its platform again. Epic Games has announced that it will now admit games rated as “Adults Only” due to having non-fungible tokens (NFT)...
Lado Okhotnikov and Meta Force Announce the Launch of the Fair Price Program for Metaverse Tokens
24.12.2023
CEO and founder of the Meta Force Metaverse Lado Okhotnikov talks about the current situation of Forcecoin during the multi-mining period and forecasts how a fair price will affect the value of the token after entering the open market. “Meta Force is committed to providing ecosystem participants...
NFT Sales Dip — Bitcoin Dominance and Solana’s Rise Challenge Ethereum’s NFT Authority
24.12.2023
In the last week, sales of non-fungible tokens (NFTs) have fallen by 12.26%, totaling $463.87 million, marking a decrease from the previous week. NFTs centered around Bitcoin topped the chart, amassing $265.61 million in sales, despite a 13.71% decline from the preceding week. Meanwhile, Solana...
Central Bank of Nigeria Lifts Crypto Ban Following New SEC Regulation
23.12.2023
Source: AdobeStock / Faraz The Central Bank of Nigeria (CBN) has reversed its ban on dealing with companies involved in digital tokens. According to a report by BusinessDay, the CBN has now instructed lenders to open accounts for crypto firms, marking a reversal of the ban it imposed in 2021. ...
Bitcoin Network Fees Reach $40 in Surge; Polkadot & Borroe Finance Eye Massive Growth
23.12.2023
Bitcoin network activity increase has triggered a significant spike in transaction fees, soaring to as high as $40.00. In the face of market fluctuations, Polkadot is dominated by new proposals. Meanwhile, Borroe Finance ($ROE), one of the new DeFi projects, introduces an AI and NFT-powered funding...
$HBAR Pumps as $MNT Dumps; $GFOX Primed for $2 Million
23.12.2023
Amid recent market volatility, as some coins drop by double digits, three crypto tokens have taken center stage, hailed by several analysts as among the best cryptos to buy – each offering its own unique solution to the complex decentralized market. Hedera ($HBAR), propelled by strategic...
Biggest Crypto Gainers Today on Uniswap – CPOOL, METIS, ALPH
22.12.2023
In today’s crypto landscape, several tokens on Uniswap have emerged as significant gainers, capturing the attention of investors and traders. Among these, CPOOL experienced a notable increase of above 4.5% in a day, reaching $0.1235. Similarly, METIS witnessed an impressive surge of around...