Author: John Smith

On Dec. 24, 2024, the amount of mined bitcoins crossed the 19,800,000 mark, leaving less than 1.2 million bitcoins remaining until the total supply is exhausted. After the 2024 halving, approximately 450 bitcoins are mined each day. According to one of the earliest websites collecting various Bitcoin data, Clark Moody, December 24 saw achieving a 19.8 million mined bitcoins milestone.  As many of you might know, Bitcoin has a supply cap of 21 million units. Does it mean that all the bitcoins will be mined soon, and what happens when the remaining supply is exhausted? Why does the Bitcoin scarcity…

Over 15 X accounts were recently compromised, with hackers launching scam Solana meme coins and pocketing an estimated $500,000. A threat actor targeting Solana (SOL) meme investors and X pages has made about half a million dollars promoting scam tokens via hacked social media pages, blockchain sleuth ZachXBT revealed on Dec. 24. Popular accounts like Brett (BRETT), Kick Streaming, and Alex Blania were all breached. In each case, the hijacked page would announce a new coin and share a contract address, inviting unsuspecting victims to invest SOL. ZachXBT has spotted over 15 incidents since Nov. 26, all leading back to…

Solana on-chain activity reached a new all-time high, coinciding with a 30% surge in Pudgy Penguins token Pengu. Pengu (PENGU), the native token of blue chip NFT series Pudgy Penguins, bounced to within 50% of its previous peak price, buoyed by a Solana (SOL) uptick and a broad market recovery on 2024’s Christmas Eve. Pudgy Penguins released its PENGU crypto last week to 7 million eligible wallet addresses. Users have 88 days to claim 23.5% of 88 billion tokens or 20.6 billion coins. PENGU debuted at a $3.5 billion fully diluted valuation, quickly peaking at %0.06 cents after launch. Price…

Bitcoin slipped 12% from its all-time high of $108,353, erasing gains from the second week of December. As Christmas nears, crypto traders ponder whether the market will see a “Santa Claus” rally this year.  A CoinGecko report states that eight of ten times between 2014 and 2023, crypto markets rallied around the Christmas holidays. Bitcoin’s recent price decline has quashed hopes of a Santa rally this year, and declining institutional investment inflow has dampened the sentiment further.  Will crypto markets see a Santa rally in 2024? A “Santa Claus” rally refers to price gains in crypto in the last five…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Looking for the next big thing in cryptocurrency amid the downward trend of Cardano and Ethereum? Discover the underdog token with 800% growth potential. The crypto market is very volatile, and the last few weeks were no different. Cardano (ADA) and Ethereum (ETH) suffered price drops, which left investors looking for more options. In this environment, DTX Exchange (DTX) has bucked the trend with 500% growth. This phase six presale star has already onboarded 300k users and raised over…

Decentralized exchange platform PancakeSwap had a remarkable 2024 as growth across decentralized finance drove trading volume to over $310 billion. In a report summarizing the DEX platform’s year-over-year performance, PancakeSwap (CAKE) said its global trading volume reached $310.6 billion. The protocol achieved the milestone across nine blockchains, representing a growth of 179% by year. Notably, PancakeSwap’s total trading volume in 2023 hit $111.3 billion. According to PancakeSwap, the huge jump in its 12-month trading volume came amid staggering increases for layer-2 networks Arbitrum and Base. Meanwhile, PancakeSwap recorded its single largest daily trading volume of $3.47 billion on December 16, 2024. The…

Floki has announced that its crypto education platform University of Floki is now live. The Floki (FLOKI) crypto project revealed the launch of its University of Floki as part of a major roadmap in March. After months in the making, the educational platform has launched amid bullish projections for what it can achieve in the quest to “bridge the knowledge gap for the next wave of crypto users.” Floki says the official opening of the platform will help make blockchain technology and web3 accessible to the global community. Experts will bring courses across decentralized finance, smart contracts, non-fungible tokens and…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Shiba Inu whales eye Lightchain AI at $0.003, a rising altcoin poised to outshine Dogecoin and XRP in growth. As the cryptocurrency market continues to evolve, Shiba Inu (SHIB) whales are now turning their attention to a new contender — Lightchain AI (LCAI). Priced at just $0.003, this emerging altcoin has garnered significant interest from investors, including major players who believe LCAI will outperform Dogecoin (DOGE) and XRP in the race to hit $1. In this article, we will…

Cryptocurrencies are becoming increasingly integrated into the modern financial reality, and like any other asset, they are subject to taxes. As a relatively new and rapidly growing asset class, cryptocurrencies attract increasing interest from investors and governments. As the global economy adapts to this digital innovation, countries take different cryptocurrency regulation and taxation approaches. How do cryptocurrency tax policies work around the world? Which countries require you to pay taxes on cryptocurrencies? In the United States, it is simply impossible not to pay taxes — the authorities are very strict about this and tax almost everything, including digital assets. Crypto…

BounceBit, the native Bitcoin restaking blockchain, is one of the cryptocurrency projects enjoying a bumper Santa rally as its token jumps over 16%. On Dec. 24, the price of BounceBit (BB) rose to above $0.43, and this came after the token’s dip in the past week, which saw bears push it to under $0.32. As Bitcoin’s (BTC) price recovered to above $97,000 amid a fresh holiday-driven bounce, BB reached a new seven-day high. These gains came a day after the BTC restaking platform announced a major partnership agreement with cloud computing giant Google Cloud. In their announcement, BounceBit and the Google cloud…