Ethereum co-founder Vitalik Buterin has initiated a significant leadership overhaul of the Ethereum Foundation, aiming to refocus the organization on value creation over profit. CryptoQuant CEO Ki Young Ju publicly supports the restructuring, emphasizing the industry’s need for genuine value creation amid potential cryptocurrency slumps.
Remittix introduces a groundbreaking cryptocurrency platform tailored for efficient, cost-effective cross-border remittances amidst Solana and XRP’s legal hurdles. It presents a lucrative opportunity for investors with its promise of low fees, high transaction speeds, and regulatory compliance.
he NFT market witnessed a significant rise in 2024, with a total sales volume reaching $8.8 billion, showcasing a $100 million increase from 2023. Ethereum, Bitcoin, and Solana led the blockchain scene, with notable sales spikes and standout collections like Pudgy Penguins driving the market’s momentum.
Litecoin (LTC) has achieved an unprecedented milestone in the cryptocurrency world, boasting a 100% uptime record since its creation by Charlie Lee in October 2011. This consistent performance underscores the network’s reliability and the efficiency of its proof-of-work (PoW) consensus and Scrypt algorithm over more than a decade.
In a landmark move for decentralized media, Tether has announced a substantial $775 million investment in the video-sharing platform Rumble. This partnership underscores a shared dedication to enhancing freedom of expression and independence within the digital realm.
Hyperliquid, a cutting-edge decentralized trading platform and Layer 1 blockchain, reports over $1 billion in USDC net inflows since the launch of its native token, Hype. The platform’s impressive growth is marked by a surge in its decentralized exchange activity and a notable increase in its total value locked (TVL), making it a standout in the DeFi landscape.
The NFT market experienced a robust start to December, with weekly sales volumes hitting $187 million, showcasing increased investor interest. However, the period also highlighted challenges, such as notable scams and technical issues with new crypto token launches.
Ethereum achieves its first golden cross of 2024, a bullish technical indicator as its 50-day SMA surges above the 200-day SMA. With a history of rallies post-golden crosses, investors eye the potential for Ethereum’s price to soar, despite recent market volatility.
Cardano (ADA) has seen significant whale activity, with investors purchasing 100 million tokens as the price enters a consolidation phase after notable gains. Despite a decrease in trading volume and investor participation, the blockchain’s scalability achievements hint at potential future price movements.
Dogecoin rekindles interest with its new blockchain-based game, Super Doginals, amidst a challenging market position. Simultaneously, IntelMarkets marks a significant milestone, raising $2.5 million in its presale, highlighting the growing integration of AI in crypto trading.
