Memecoins were ‘most profitable crypto narrative’ in Q1 2024 — CoinGecko

    The memecoin sector has emerged as the most profitable narrative so far this year, according to a recent report by CoinGecko. According to the report, memecoins recorded the highest returns of 1,312.6% on average across the top tokens by market capitalization. Memecoins that were launched in March made it to the top 10 largest memecoins list by…

    AI token prices soar: Is it all hype, or is there real potential?

    The artificial intelligence (AI) token market has been on a remarkable upswing over the last few months, with things reaching a fever pitch last month as trading volumes and market valuations skyrocketed across many exchanges. Data from the crypto platform Bitget revealed that the dedicated AI token zone witnessed an astonishing 400% surge in trading volume throughout February alone, reaching a…

    Ethereum layer 2s to hit $1T market cap by 2030: Van Eck

    Ethereum’s layer 2 scaling networks will hit a $1 trillion market capitalization in six years and will be made up of thousands of use case-specific chains, according to analysts from investment manager Van Eck. Layer-2 blockchains are set to capitalize on Ethereum’s “primary challenge” — its “limited capacity to process, store, and compute data,” Van…

    Play-to-earn is out: ‘Challenge and Earn’ is the next major trend in Web3 gaming

    As Web3 space continues to evolve and expand, gaming has become a natural addition to what blockchain and its user-centric approach can improve. The gaming world met with decentralized finance (DeFi), and a new term — GameFi — was born. Web3 gaming has become an instant hit because it offers players an opportunity to earn real-world value…

    Memecoin madness is breaking the Bitcoin halving cycle

    Crypto industry analysts are calling the current Bitcoin halving cycle the “weirdest” bull market on record, following a premature Bitcoin all-time high and a massive rush into memecoins. On April 1, Chainlink community liaison Zach Rynes aka ‘ChainLinkGod’ said “this bull market has been weird” in a post to his 171,000 followers on X. Historically,…

    SEC’s closed-door policy stifling crypto innovation — Hester Peirce

    US Security and Exchange Commission Commissioner Hester Peirce has taken another swipe at her agency, criticizing the regulator’s guidance on crypto custody while calling for more interaction with the public. Speaking at the annual SEC Speaks Conference on April 2, Peirce — also known by crypto enthusiasts as ‘Crypto Mom’ — said that a “particularly pernicious weed”…