Sleeping Bitcoin Worth $613M Shifts in December, After Years of Dormancy, Fueled by Record-High Prices

During the first week of December and the last month of the year, the leading cryptocurrency bitcoin crossed the $100,000 mark for the first time in history. Two weeks later, its value climbed past the $108,000 range. Meanwhile, 139 long-dormant bitcoin wallets, created between 2010 and 2017, stirred back to life after years of inactivity. … Read more

Meme Coins, L1s, and Stablecoins—Coin Metrics Breaks Down 2024’s Crypto Revolution

The year 2024 marked a pivotal chapter in the cryptocurrency market, characterized by unprecedented developments, record-breaking milestones, and evolving trends, as reported by Coin Metrics’ “State of the Network” analysis by Tanay Ved. Inside 2024’s Crypto Transformation The cryptocurrency industry experienced substantial growth in 2024, spurred by the launch of spot Bitcoin exchange-traded funds (ETFs) … Read more