Record Figures for Crypto Airdrops With Almost $15 Billion Distributed in 2024

Airdrops are transforming blockchain engagement with almost $15 billion given to crypto users in 2024. Massive Surge in Rewards via Airdrops Airdrops have become highly valuable tools for marketing new crypto projects. According to an onchain analysis by Dropstab, a crypto aggregator, $14.91 billion was disbursed by various projects in 2024 to crypto users via … Read more

Report: Wall Street Giant Morgan Stanley Eyes Crypto Services Through E-Trade

As reported by The Information, E-Trade, the online trading arm of Morgan Stanley—an asset management titan handling $1.2 trillion—is contemplating a leap into cryptocurrency services. The buzz surrounding more lenient crypto regulations during the Trump administration may have sparked E-Trade’s interest in this potential venture. Morgan Stanley’s E-Trade Reportedly Poised to Dive Into the Crypto … 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

Crypto Conundrum: Aussie Treasurer Chalmers Pushes for Balance Between Regulation and Innovation

Australian Treasurer Jim Chalmers believes cryptocurrency can modernize the country’s financial system. RBA Governor Skeptical of Bitcoin Australian Treasurer Jim Chalmers says cryptocurrency can help modernize the country’s financial system and should not be hindered by excessive regulation. While acknowledging legitimate concerns about crypto’s use by criminals, Chalmers noted that Donald Trump’s re-election has prompted … Read more

Crypto Chronicles: 5 Transformative Events That Shaped the Industry in 2024

2024 was nothing short of a rollercoaster for crypto aficionados, featuring key milestones that shook the industry. The U.S. Securities and Exchange Commission (SEC) greenlit both spot bitcoin and ethereum exchange-traded funds (ETFs), Bitcoin experienced its fourth halving event, and the digital asset smashed through the $100,000 threshold. Buckle up as we revisit the year’s … Read more

2024 in Review: VIRTUAL Top Gainer After 23,000% Surge; Memecoins Dominate

The cryptocurrency market experienced a surge in 2024, with VIRTUAL, the native token of Virtuals Protocol, leading the charge with a staggering 23,000% plus increase in value. Memecoins and AI Popular Narratives in 2024 VIRTUAL, the native token of the decentralized platform Virtuals Protocol, was the top-performing large-capitalization digital asset in 2024, surging more than … Read more

Crypto Market Cap Surpassed Global Inflation-Linked Bond Market in Q4: Grayscale Report

The Q4 2024 crypto valuation surge saw the digital asset market cap surpass that of the global inflation-linked bond market. Crypto Market Cap Dwarfs U.S. High-Yield Bond Market The crypto market capitalization surged from $1 trillion to over $3 trillion in the last quarter of 2024, surpassing that of the global inflation-linked bond market, according … Read more

2024 Fiat-Pegged Economy Swells—Stablecoins Reach $200B, Tether’s Market Soars 50%, New Players Emerge

With bitcoin (BTC) cruising past the $100,000 mark and the crypto economy swelling dramatically in value this year, multiple sectors saw significant expansion. Stablecoins, a major player in the digital asset realm, now exceed $200 billion in total valuation, reflecting a $73 billion increase in this subset of fiat-pegged cryptocurrencies. Stablecoins Flourish While Rankings Shift … Read more

Hyperliquid Launches HYPE Staking to Amplify Network Decentralization

According to the Hyper Foundation, the organization associated with the Hyperliquid ecosystem, users can now stake HYPE on the network. The foundation detailed that users can stake HYPE to a trusted validator and earn staking rewards in HYPE. Hyperliquid’s HYPE Staking Debuts Amid Rapid Growth Over the last few weeks, Hyperliquid, the decentralized perpetuals exchange … Read more