China News Daily TheBitTimes.com

Although cryptocurrency prices have been falling for a while, the overall feeling in the market remains positive. Recently, Bitcoin (BTC) has been struggling to get back to $70K and above, and Ethereum (ETH) is striving to stabilize at $2,700. However, identifying the next cryptocurrencies to explode might take some work as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify coins with some potential and inform investors and traders about each token.  Next Cryptocurrency To Explode Today’s article discusses the performance of potentially explosive cryptos that investors should add to their watchlist. It also includes a special mention of Pepe Unchained, a new Pepe-themed meme coin launched on its Ethereum Layer 2 blockchain. Within minutes, it attracted over $150,000 in investments. The details of its presale and the performanc...

Flipsides say the ongoing demand for economical alternative s to Ethereum, will drive more layer-2 projects to prioritize reducing end-user costs this year. Ethereum is set to confront heightened competition in the blockchain space in 2024, driven by the persistent demand for cost-effective alternative s and the proliferation of Ethereum Virtual Machine (EVM)-compatible layer-2 networks, Flipside, a blockchain data platform, said in a recent research report. Is the bull is really here? How can we tell? Data. Sentiment isn't the only thing that's changed lately. According to the data, user behavior is shifting — and with it, crypto markets. We cover it all in The Onchain Crypto User Report pic.twitter.com/IsclNOZhJk — Flipside (@flipsidecrypto) January 25, 2024 As per analysts, a substantial portion of EVM users are now actively exploring alternative options to Ethereum due to the allure of lower fees and faster transactions offered by emerging layer-2 solutions. T...

The long-awaited Dencun upgrade has finally arrived for the Goerli testnet , although low participation resulted in it failing to be finalized in the expected time. The Dencun upgrade , which includes a major update known as “proto-danksharding” designed to help reduce layer-2 transaction fees, went live on Ethereum’s Goerli testnet on Jan. 17, according to Tim Beiko, community manager at Ethereum Foundation. Goerli forked @parithosh_j currently monitoring things live: https://t.co/MGaF9S3Qth — timbeiko.eth ️ (@TimBeiko) January 17, 2024 Beiko acknowledged that the participation among validators for the upgrade was “not great,” but noted that a similar outcome “was expected.” It also appears the upgrade resulted in a “chain split” as not all validators synced with each other for the update. And it seems like we have a chain split! Client teams are looking into it, but it's likely to a while to pin down + fix the ...