Earlier this month, Pudgy Penguins came within striking distance of dethroning CryptoPunks as the most expensive NFT collection in the world. It’d been a long, long time since any other brand had come close to accomplishing that feat, and Pudgy had wind in its sails: Riding momentum from an upcoming token airdrop, the collection soared to unbelievable highs, exploding from…
Month: December 2024
Solana’s Meme Coin Contender Lightchain AI Breaks 7.5M Sold in Presale in 30 Days
PRESS RELEASE. AI-powered blockchain is no longer just a buzzword—it’s the future. And Lightchain AI, Solana’s newest meme coin contender, is proving just how big that future is. With an astounding 7.5 million tokens sold in just 30 days, the Lightchain AI presale is making waves, drawing blockchain enthusiasts, tech investors, AI developers, and crypto […] Source: https://news.bitcoin.com/solanas-meme-coin-contender-lightchain-ai-breaks-7-5m-sold-in-presale-in-30-days/
NFTs record $8.8B sales volume in 2024 — CryptoSlam
December was the fifth-strongest month for NFTs in 2024, with sales volumes reaching $877 million. Source: https://cointelegraph.com/news/nft-total-sales-volume-2024-data-december?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Euro Usage Tanks, Leading Decline Among Currencies on SWIFT Over the Last 10 Years
According to data released by SWIFT, the use of the euro as a settlement currency for international payments has fallen significantly. Its utilization share has decreased by 6.83% compared to 2014, with only 22.29% of global payments employing it. Euro Tanks, Dollar Thrives in Swift Share Charts The future seems bleak for the euro, as […] Source: https://news.bitcoin.com/euro-usage-tanks-leading-decline-among-currencies-on-swift-over-the-last-10-years/
Expert Insight: Cryptocurrency Mining Accounts for Nearly 1% of Russia’s Energy Resources
Alexey Zhikharev, director of the Renewable Energy Development Association (REDA), revealed that cryptocurrency mining accounts for almost 1% of Russia’s energy consumption. He stated that as the industry grows, miners will increasingly employ renewable energy sources. Russia’s Cryptocurrency Mining Energy Expenditure Nears 1% of the Nation’s Total The growth in Russia’s cryptocurrency mining industry energy […] Source: https://news.bitcoin.com/expert-insight-cryptocurrency-mining-accounts-for-nearly-1-of-russias-energy-resources/
Bitcoin targets $120K in January amid record Binance stablecoin reserves
Bitcoin analysts predict a rally to $120,000 during the first month of 2025, with nearly $45 billion worth of stablecoin reserves awaiting deployment on Binance. Source: https://cointelegraph.com/news/bitcoin-120k-january-effect-binance-stablecoin-reserve-45b?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Latam Insights Encore: El Salvador’s Bitcoin Push Persists, Undeterred by IMF Deal
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines the defiant stance of El Salvador’s government on bitcoin and how Bukele will continue to push for its adoption and purchases despite the recently issued IMF deal. Latam Insights Encore: El […] Source: https://news.bitcoin.com/latam-insights-encore-el-salvadors-bitcoin-push-persists-undeterred-by-imf-deal/
Tangem wallet collected user seed phrases via email glitch
Tangem said it resolved a bug in its app that risked exposing private keys, but users have criticized its muted response. Source: https://cointelegraph.com/news/tangem-security-vulnerability-fixed-private-key-leak?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Slinky Launches Airdrop to 27.7 Million Wallets on Solana
Slinky, a blockchain project that uses ZK compression, has launched an airdrop to distribute 10% of its total supply to 27.7 million wallets on Solana. The project utilizes ZK-compressed token accounts, a storage mechanism that allows launching a massive airdrop and keeps costs low. Slinky explained that by employing traditional methods, such an operation would […] Source: https://news.bitcoin.com/slinky-launches-airdrop-to-27-7-million-wallets-on-solana/
Franklin Templeton predicts Bitcoin reserves to expand globally in 2025
Politicians in Germany and Hong Kong have signaled their interest in adopting strategic Bitcoin reserves for their nations. Source: https://cointelegraph.com/news/bitcoin-reserves-growth-2025-franklin-templeton?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound