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Cryptocurrency News Articles
The State of Cryptocurrency in 2024: Bitcoin (BTC) Surpasses the $100,000 Mark for the First Time in History
Jan 11, 2025 at 12:07 pm
The cryptocurrency sector has entered a new phase of maturity in 2024, with over 400 million wallets having a positive balance, notes a new report by Chainalysis.
Crypto Surges to New Heights in 2024: Key Takeaways from Chainalysis Report
A new report by Chainalysis reveals several milestones attained by the cryptocurrency sector in 2024.
Key highlights include:
- Over 400 million wallets now have a positive balance, indicating a significant increase in cryptocurrency adoption.
- Bitcoin (BTC) price achieved all-time highs several times in 2024, notably climbing above $70,000 in March and again in December, surpassing $100,000.
- Transfer activity across all digital assets surpassed the previous peaks of late 2020 and 2021.
- The decentralized finance (DeFi) sector activity approached record levels observed between 2021 and 2022.
- Stablecoins emerged as a major use-case, especially in emerging markets, outpacing Bitcoin and Ethereum in adoption.
- According to Chainalysis, stablecoins accounted for over half and in some cases up to 75% of recent on-chain transaction volumes.
- The launch of BTC and ETH ETFs drove another wave of adoption in 2024.
- Daily Bitcoin ETF volumes soared, approaching $10 billion in March, and BTC ETF flows surpassed those of the first net gold ETF from its 2005 launch, making it the fastest-growing ETF in history.
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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- Rollblock (RBLK): The Best Crypto to Buy Now as Ethereum Whales Eye It for Massive 2025 Returns
- Jan 11, 2025 at 06:45 pm
- The recent crypto market volatility has again spotlighted the worthy frontrunners that every savvy investor should focus on this year. Two rising stars are already making headlines with their innovative strides: Algorand's self-sufficient L1 network and the new Rollblock GambleFi protocol have emerged as the best crypto to buy now.
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- Top Altcoins to Invest in This Weekend: Qubetics, Stellar, Monero, and AAVE
- Jan 11, 2025 at 06:45 pm
- As January 2025 begins, the crypto world is alive with market-shaping news. Blockchain interoperability and cross-border transactions are dominating discussions, bringing attention to projects like Qubetics, Stellar, Monero, and AAVE.
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- Japan to give Indonesia two high-speed patrol boats to boost regional maritime security
- Jan 11, 2025 at 06:40 pm
- Japan will give Indonesia two high-speed patrol boats, Prime Minister Shigeru Ishiba said Saturday, as Tokyo seeks to boost regional maritime security cooperation in the face of growing assertiveness by China.
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