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Tag Archives: Hype

WeChat Blocks Bitmain Sales Account as Well as Further Crypto ‘Hype News’ Channels

WeChat, the 1 billion-user Chinese social media platform developed by Tencent, has blocked the official sales channel of Bitcoin (BTC) mining giant Bitmain, according to an announcement posted to its channel yesterday, September 10. As of press time, Bitmain’s other Wechat accounts, including after-sales services and its official account, remain active. The official sales channel, which operates under the WeChat ...

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Cryptocurrency Hype | Going Beyond the Hype with Blockchain

Bitcoin has been on a roller coaster ride in its price, its value reached as high as $20,000 in late 2017 to as low as $6,000 within a time frame of just six months. The highly volatile nature of Bitcoin is certainly a blotch on its reputation and certainly this could be why Goldman Sachs’ head of Global Investment Research, ...

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Tron (TRX) Erases Upside Rally despite TVM Launch Hype

At the beginning of this week, Justin Sun’s TRON was probably the only top cryptocurrency that recorded massive gains, in contrast to the rest of the bearish market. Strong fundamentals, including the Tron’s recent acquisition of BitTorrent and uTorrent, the launch of their Tron Virtual Machine (TVM), and a secret project (announced later as Project Atlas), combinedly helped TRX token rise ...

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Coinbase App | Downloads are Dropping with Falling Cryptocurrency Hype

The bear market for Bitcoin (BTC) and all other cryptocurrency has dragged down Coinbase, the US’s most popular cryptocurrency exchange. Prices continue to plunge moving into Q3 of 2018, and the exchange’s download ranking for its Coinbase app has suffered because of this. Dropping Hype The Coinbase app has fallen to the download level it experienced in April of last ...

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Why Apple’s Co-Founder Believes Ethereum Will Outlive the Blockchain Hype

Steve Wozniak, the co-founder of $913 billion technology giant Apple, has said that Ethereum is one of the few blockchain protocols that will outlive the dotcom bubble-esque blockchain hype. Only Bitcoin and Ethereum Will Survive In an interview with CNBC, Wozniak stated that Ethereum has the potential to outlive the false hype surrounding blockchain technology because its smart contract protocol ...

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Blockchain Hype Overstates Reality, Says Steve Wozniak

Technologist and Apple Inc. co-founder Steve Wozniak played contrarian at the NEX technology conference in late June, comparing the hype around blockchain to the fervor he witnessed just before the implosion of the dot-com bubble. Still, Wozniak stood by his unflinching loyalty for Bitcoin, even in the midst of the market’s 2018 downturn. To be sure, Wozniak believes blockchain technology ...

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VeChain Hype Intensifies With Major Partnership and Mainnet Launch

VeChain has gained support from new partnerships with DB Schenker and PwC, ahead of its highly anticipated mainnet launch. VeChain in Last Stages of Preparation Before Mainnet Launch VeChain has posted their official launch schedule to Twitter comments are a mixed bag of congratulations and questions about how to convert existing VEN to the new VET token. The VeChainThor Blockchain ...

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‘Cryptocurrencies Are at ‘Height of Hype,’ Will be More

In an interview on Bloomberg Businessweek on June 5, Adena Friedman, president and CEO of Nasdaq Inc., said that cryptocurrencies are at “the height of a hype cycle” and can become a “financial element of the Internet.” Speaking on how Nasdaq looks at disruptive technologies and instruments like cryptocurrencies, Friedman said that the corporation has been taking a research-oriented approach ...

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