On December 18, 2024, NFT trading volumes on marketplaces hit 27,000 ETH, setting a new yearly high, according to DefiLlama analytics.
The popular NFT collection Pudgy Penguins has introduced its official coin. The cryptocurrency, named PENGU, is set to launch in December 2024.
On December 5, 2024, STEPN GO revealed its partnership with adidas to release a limited-edition collection of running sneakers.
The news page Wu Blockchain, managed by Colin Wu, notes on X that most "Zombie Tokens" from Forbes’ March 2024 list have seen significant upward movement.
November 2024 saw hackers exploit vulnerabilities to steal $71 million, with cumulative yearly losses nearing $1.5 billion, 12% lower than the same period last year.
Magic Eden, operating across Ethereum, Solana, Bitcoin, Base, and other EVM networks, has revealed plans to list its native token, ME, on December 10, 2024. The team shared this update via their official Twitter (X) profile.
On November 25, MicroStrategy CEO Michael Saylor announced the acquisition of 55,500 Bitcoin at an average price of ~$97,862, totaling $5.4 billion. As of November 24, 2024,
Bitcoin mining remains highly lucrative, with profitability on the rise, as noted in JPMorgan’s latest report. The network’s hash rate, an indicator of overall computational power for BTC mining, has grown by 5% since November 2024, pointing to increasing interest and competition in the sector.
Donald Trump is Time's Person of the Year for 2024, marking the second time he has received the title, the first being in 2016 after his U.S. presidential election victory.
On December 5, 2024, U.S. President-elect Donald Trump announced the appointment of former PayPal COO David Sacks as the White House "White House A.I. & Crypto Czar." This move signals a major shift in U.S. policy on cryptocurrency and artificial intelligence.
On November 4, 2024, HAWK, a meme coin launched by blogger Haliey Welch (known as Hawk Tuah), debuted on the Solana network. Soon after, its price plunged by 90%, sparking controversy over its manipulative nature.
Current Bitcoin market trends are fueling optimism among investors. David Puell, Research Associate at ARK Invest, predicts significant growth in Bitcoin’s value by the end of 2024, with a target range of $104,000 to $124,000.
The Solana-powered memecoin platform Pump.Fun attracted massive attention in November 2024 through its live streaming tool. However, the feature’s misuse triggered widespread criticism, forcing a suspension.
