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December 1, 2024
Bitcoin’s strength has pulled several altcoins higher, with SHIB, FIL, MNT, and AAVE showing promise in the near term. Bitcoin (BTC) is consolidating just below the $100,000 level, suggesting that the bulls are not rushing to the exit as they anticipate the uptrend to continue. Global Macro Investor founder and CEO Raoul Pal posted a...
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According to CoinMarketCap, Ripple’s native XRP token has a maximum supply of 100 billion and a circulating supply of roughly 57 billion. Ripple’s XRP (XRP) token flipped Solana’s (SOL) market capitalization for the first time during the current market cycle on December 1, 2024 — making XRP the fourth-largest cryptocurrency by market cap. According to...
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According to Immunefi, year-to-date losses from crypto hacks, exploits, and scams have topped $1.4 billion as of November 2024. Spectral Labs announced it detected a vulnerability that affected select tokens on its Syntax platform — a no-code environment that allows users to create onchain AI agents — allowing a hacker to make off with $200,000...
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According to data from CryptQuant, there is currently less than 2.5 million Bitcoin available for purchase on digital asset exchanges. Bitcoin (BTC) recorded a 129% year-to-date gain, primarily driven by the outcome of the 2024 United States Presidential election and the April 2024 halving event. According to data from ICO Analytics, Bitcoin also experienced a...
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Bitcoin has nailed something never seen before — $26,400 BTC price upside in a single monthly candle. Bitcoin (BTC) has made history as the largest cryptocurrency seals its largest ever monthly candle. BTC/USD 1-month chart. Source: Cointelegraph/TradingView Data from Cointelegraph Markets Pro and TradingView confirms the single biggest BTC price gain ever seen in a single...
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Pump.fun’s weekly revenue peaked at $33 million in November before dropping to $11 million the following week. Solana memecoin launchpad Pump.fun saw its weekly revenue drop after disabling its livestream feature in response to reports of harmful content being broadcast.  The Solana memecoin generator’s revenue began November with an upward trajectory before it peaked in...
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NFTs had a monthly sales volume of over $562 million in November, surpassing October’s record of $356 million. Non-fungible tokens (NFTs) have maintained their monthly sales momentum, surging by 57.8% in November as digital collectibles continue to recover.  On Dec. 1, data company CryptoSlam showed that NFTs recorded $562 million in sales in November, a...
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South Korea’s Democratic Party previously pushed back against another delay, saying it was a political trick by the ruling party. South Korea’s Democratic Party has backtracked on its push to implement the country’s crypto gains tax in 2025, agreeing to another two-year delay. In a press conference on Dec. 1, the Korea Democratic Party (KDP)...
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The SEC claims Touzi Capital misled investors, saying their funds would be financing crypto mining operations, but were actually spent on unrelated expenses. The United States regulator has taken legal action against investment firm Touzi Capital over allegedly misleading investors about the liquidity and profitability of its crypto asset mining fund. Touzi Capital allegedly defrauded...
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Ether is forming a pattern on the price chart signaling a 97% upward move by the end of the first quarter of 2025, according to a crypto analyst. Ether is forming a convincing pattern on the price chart, signaling a potential surge of up to 97% within the next four months, according to a crypto...
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