229018
viktor🎩🌈🔵🍿✈️🌐
@viktorfren3 #229018
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Amid the change in the leadership of the Aptos blockchain project, the APT price has fallen by ~25% over the past seven days.
The asset now occupies the 33rd line of the CoinGecko rating, competing in capitalization with Bitget Token and the USDS stablecoin.
The new CEO will be the co-founder and CTO of Aptos, Avery Ching, who, according to former CEO Mo Sheikh, “will lead the company to the next stage of growth.”
In a conversation with The Block, a representative of Aptos Labs said that Ching will focus on technological innovations and will try to bring new products to the market as quickly as possible “to support the ecosystem.”
The Aptos blockchain platform operates on the basis of the AptosBFT consensus algorithm, using parallel execution technologies. Move programming is used to create smart contracts.
The project was founded by former employees of Diem (formerly Libra), a division of Meta Corporation, which was closed in early 2022.
The asset now occupies the 33rd line of the CoinGecko rating, competing in capitalization with Bitget Token and the USDS stablecoin.
The new CEO will be the co-founder and CTO of Aptos, Avery Ching, who, according to former CEO Mo Sheikh, “will lead the company to the next stage of growth.”
In a conversation with The Block, a representative of Aptos Labs said that Ching will focus on technological innovations and will try to bring new products to the market as quickly as possible “to support the ecosystem.”
The Aptos blockchain platform operates on the basis of the AptosBFT consensus algorithm, using parallel execution technologies. Move programming is used to create smart contracts.
The project was founded by former employees of Diem (formerly Libra), a division of Meta Corporation, which was closed in early 2022.
Collect The Tales of Web3 S2 with Andy (Episode 021) from The Tales of Web3 on Pods!
Cryptocurrency mining has become 50% more difficult over the past year
Bitcoin mining difficulty has set a new record. On the morning of December 16, during another recalculation, the indicator grew by 4.43% and for the first time reached 108.52 T (trillion). This means that miners now need to perform more than 108 trillion calculations required to mine one block in the Bitcoin network and receive a new 3.125 BTC.
A year ago, Bitcoin mining difficulty was at 72 T. Since then, it has grown by 50%. The increase in difficulty is due to the fact that miners are connecting more and more equipment to mine the first cryptocurrency.
BTC mining is automatically complicated or simplified approximately every two weeks. This is necessary so that the rate of emission of new bitcoins does not change. Difficulty increases to compensate for the growth in the amount of equipment connected to cryptocurrency mining.
Bitcoin mining difficulty has set a new record. On the morning of December 16, during another recalculation, the indicator grew by 4.43% and for the first time reached 108.52 T (trillion). This means that miners now need to perform more than 108 trillion calculations required to mine one block in the Bitcoin network and receive a new 3.125 BTC.
A year ago, Bitcoin mining difficulty was at 72 T. Since then, it has grown by 50%. The increase in difficulty is due to the fact that miners are connecting more and more equipment to mine the first cryptocurrency.
BTC mining is automatically complicated or simplified approximately every two weeks. This is necessary so that the rate of emission of new bitcoins does not change. Difficulty increases to compensate for the growth in the amount of equipment connected to cryptocurrency mining.
VanEck analysts predict that at the peak of the current bull cycle, the price of the second-largest cryptocurrency by market cap will exceed $6,000, while Solana and Sui will reach $500 and $10, respectively.
Analysts predict that the cryptocurrency bull market will reach a “medium-term peak” in the first quarter of 2025, updating the maximum in the fourth.
As before, VanEck analysts are confident that the target price of Bitcoin in the current cycle will reach $180,000. Previously, Matrixport specialists indicated $160,000 as the target mark for Bitcoin.
Analysts predict that the cryptocurrency bull market will reach a “medium-term peak” in the first quarter of 2025, updating the maximum in the fourth.
As before, VanEck analysts are confident that the target price of Bitcoin in the current cycle will reach $180,000. Previously, Matrixport specialists indicated $160,000 as the target mark for Bitcoin.
Solana has become the most attractive blockchain for new developers in 2024, according to data from venture capital firm Electric Capital.
Of the 39,148 developers who joined the industry this year, 7,625 chose to build applications on Solana. This is the first time since 2016 that the ecosystem has grown faster than Ethereum.
Ethereum maintains the overall lead in the number of programmers engaged in creating code in all five inhabited continents. Solana is the number two choice.
In third place are:
in Asia and South America — Polygon;
in North America — Base;
in Africa — ICP;
in Europe — Polkadot.
Of the 39,148 developers who joined the industry this year, 7,625 chose to build applications on Solana. This is the first time since 2016 that the ecosystem has grown faster than Ethereum.
Ethereum maintains the overall lead in the number of programmers engaged in creating code in all five inhabited continents. Solana is the number two choice.
In third place are:
in Asia and South America — Polygon;
in North America — Base;
in Africa — ICP;
in Europe — Polkadot.
Binance, the world's largest cryptocurrency exchange, has announced a strategic partnership with Circle, the issuer of USDC, the second-largest stablecoin by market cap, to accelerate its global adoption. The companies announced this on Wednesday at the Abu Dhabi Finance Week, which is taking place in Abu Dhabi from December 9 to 12.
Circle's USDC is the main competitor to Tether's USDT stablecoin. USDT has a market cap of $138 billion, while USDC is worth about $41 billion, according to Coinmarketcap as of December 11. Both companies use primarily US government bonds as collateral to peg their exchange rates to the dollar.
Circle's USDC is the main competitor to Tether's USDT stablecoin. USDT has a market cap of $138 billion, while USDC is worth about $41 billion, according to Coinmarketcap as of December 11. Both companies use primarily US government bonds as collateral to peg their exchange rates to the dollar.
It took me one year on the Layer 3 platform to reach level 40. Cube collecting helped me in this process.
What are your achievements by level?
What are your achievements by level?
The city is ready to celebrate the New Year, only there is not enough snow 🤷🏻
The price of the BNB token from the Binance exchange has updated its maximum. Over the past day, the coin has grown in price by more than 20%, and its trading volume on exchanges has almost reached $5.63 billion.
BNB is trading at $771 with a capitalization of more than $110 billion. The token remained the fourth largest asset by capitalization for a long time, but in November it was tested by XRP and SOL.
BNB is trading at $771 with a capitalization of more than $110 billion. The token remained the fourth largest asset by capitalization for a long time, but in November it was tested by XRP and SOL.
Ripple's XRP has surpassed USDT and Solana to become the third largest crypto asset by market capitalization.
Over the past month, XRP has risen in price from $0.5 to $2.49. The token's market capitalization has exceeded $134 billion.
The all-time high for XRP was recorded in January 2018 at $3.3.
Over the past month, XRP has risen in price from $0.5 to $2.49. The token's market capitalization has exceeded $134 billion.
The all-time high for XRP was recorded in January 2018 at $3.3.
AITAP picturesque place to relax
On November 29, the Hyperliquid platform held a genesis airdrop of the native HYPE token. During the day, the asset price increased by 44% - from the starting $3.2 to $4.6.
According to the developers, over 333 million HYPE were released into circulation. At a price of $4.6 per token, the total market capitalization of HYPE is about $1.5 billion. The trading volume on the first day exceeded $300 million.
310 million HYPE were distributed within the community as part of the airdrop dedicated to the genesis event.
The amount of the hallmark depended on the number of points accumulated by Hyperliquid platform users over six months until May 2024. Each such point brought them five tokens in the airdrop.
Many distribution participants are satisfied with the rewards. One user received more than $300,000. He noted that he had accumulated about 15,500 points in the rewards program and promised to name his daughter Jeff, likely after the platform's lead developer from Hyper Labs.
According to the developers, over 333 million HYPE were released into circulation. At a price of $4.6 per token, the total market capitalization of HYPE is about $1.5 billion. The trading volume on the first day exceeded $300 million.
310 million HYPE were distributed within the community as part of the airdrop dedicated to the genesis event.
The amount of the hallmark depended on the number of points accumulated by Hyperliquid platform users over six months until May 2024. Each such point brought them five tokens in the airdrop.
Many distribution participants are satisfied with the rewards. One user received more than $300,000. He noted that he had accumulated about 15,500 points in the rewards program and promised to name his daughter Jeff, likely after the platform's lead developer from Hyper Labs.
The market cap of stablecoins has grown by 46% since the beginning of 2024. The total value of stablecoins as of November 24 was $190 billion. The market value of the USDT stablecoin represents approximately 70%, or $133 billion, of the total stablecoin market.
According to CoinGecko, the total value of the digital asset market has increased by almost $1 trillion since the US presidential election in early November 2024.
According to CoinGecko, the total value of the digital asset market has increased by almost $1 trillion since the US presidential election in early November 2024.
Winter is coming, finally the snow has fallen. New Year is coming soon
The cryptocurrency community is preparing for a major token unlock: from November 25 to December 1, 2024, crypto assets worth more than $475.5 million will enter the market.
Token unlocks next week
The largest unlock awaits the Sui (SUI) token. On December 1, the market will be replenished with assets worth $231.74 million, which is 2.26% of the total token supply.
Another significant event for the crypto community will be the unlock of Optimism (OP) tokens worth $64.56 million. About 2.5% of the total OP volume will enter circulation on November 30.
The third largest unlock awaits the ZetaChain (ZETA) token. On December 1, 10.41% of the total asset supply (about $35.90 million) will appear on the market. On November 19, Immutable (IMX) will release $33.83 million worth of tokens, representing 1.47% of its total supply. On November 30, the 1INCH team will unlock $33.67 million worth of tokens (7.72% of its total supply).
Token unlocks next week
The largest unlock awaits the Sui (SUI) token. On December 1, the market will be replenished with assets worth $231.74 million, which is 2.26% of the total token supply.
Another significant event for the crypto community will be the unlock of Optimism (OP) tokens worth $64.56 million. About 2.5% of the total OP volume will enter circulation on November 30.
The third largest unlock awaits the ZetaChain (ZETA) token. On December 1, 10.41% of the total asset supply (about $35.90 million) will appear on the market. On November 19, Immutable (IMX) will release $33.83 million worth of tokens, representing 1.47% of its total supply. On November 30, the 1INCH team will unlock $33.67 million worth of tokens (7.72% of its total supply).
According to CoinMarketCap, Bitcoin's market cap hit an all-time high of $1.93 trillion on Thursday, November 21, at $97,850.
BloombergTV APAC Markets Editor-in-Chief David Ingles wrote in X that "if Bitcoin were a commercial company, it would be the sixth-largest global corporation, just behind Amazon (NASDAQ:AMZN) and just ahead of Saudi Aramco (TADAWUL:2222)." Ingles noted that Bitcoin's market cap has surpassed the Saudi Arabian oil and gas corporation by more than $100 billion.
BloombergTV APAC Markets Editor-in-Chief David Ingles wrote in X that "if Bitcoin were a commercial company, it would be the sixth-largest global corporation, just behind Amazon (NASDAQ:AMZN) and just ahead of Saudi Aramco (TADAWUL:2222)." Ingles noted that Bitcoin's market cap has surpassed the Saudi Arabian oil and gas corporation by more than $100 billion.
We have slowly started to create a New Year's mood at home. How are you doing with the preparations?
The Bitcoin exchange rate exceeded $94,000 on Coinbase for the first time on the night of November 19-20, once again updating the maximum. Prices on the American exchange are outpacing USDT pairs on the largest platforms - Binance and Bybit, where the current record mark was $93,906.
On November 19, the NASDAQ stock exchange launched options trading on shares of the iShares Bitcoin Trust exchange-traded fund (ETF) from BlackRock. The options, which debuted on the exchange, recorded a trading volume of $1.9 billion on the very first day.
On November 19, the NASDAQ stock exchange launched options trading on shares of the iShares Bitcoin Trust exchange-traded fund (ETF) from BlackRock. The options, which debuted on the exchange, recorded a trading volume of $1.9 billion on the very first day.
Solana Price Less Than 10% to All-Time High
The Solana token rate exceeded $240 for the first time since the end of 2021 with a capitalization of $114.2 billion. The record price for SOL was recorded at $260.
Since the beginning of November, the SOL price has grown more than one and a half times, the token has consolidated in 4th place among the largest crypto assets, second only to BTC, ETH and USDT.
The volume of user funds (TVL) on the largest DEX platform of the Solana network — Raydium — has grown proportionally. Due to the activity of users in trading memcoins, Raydium generates up to $10 million per day in fees — more than the entire Ethereum network. The daily trading volume on Raydium exceeds $4 billion.
Solana's share in the total capitalization of the crypto market reached a record 3.79%. At the market peak in 2021, the token's market share was less than 2.8%, and at the beginning of 2024, less than 1%.
The Solana token rate exceeded $240 for the first time since the end of 2021 with a capitalization of $114.2 billion. The record price for SOL was recorded at $260.
Since the beginning of November, the SOL price has grown more than one and a half times, the token has consolidated in 4th place among the largest crypto assets, second only to BTC, ETH and USDT.
The volume of user funds (TVL) on the largest DEX platform of the Solana network — Raydium — has grown proportionally. Due to the activity of users in trading memcoins, Raydium generates up to $10 million per day in fees — more than the entire Ethereum network. The daily trading volume on Raydium exceeds $4 billion.
Solana's share in the total capitalization of the crypto market reached a record 3.79%. At the market peak in 2021, the token's market share was less than 2.8%, and at the beginning of 2024, less than 1%.
The Chainlink development team has announced the Chainlink Runtime Environment (CRE), a framework designed to help banks, payment processors, and other traditional financial institutions seamlessly connect to blockchain technology.
The new solution is said to replace older technologies such as COBOL and Java Runtime Environment. Both were revolutionary at the time, but they no longer meet the needs of modern blockchain applications. By introducing CRE, Chainlink is creating a unified, blockchain-compatible system to modernize these legacy infrastructures.
Interestingly, at the SIBOS banking conference last month, Chainlink developers announced a partnership with the world’s leading interbank messaging system SWIFT, allowing banks to use it to connect to blockchain systems.
In addition, Chainlink is exploring the possibility of using artificial intelligence (AI) in combination with its own oracles to create secure, tamper-proof records of financial activity, such as proof of reserves.
The new solution is said to replace older technologies such as COBOL and Java Runtime Environment. Both were revolutionary at the time, but they no longer meet the needs of modern blockchain applications. By introducing CRE, Chainlink is creating a unified, blockchain-compatible system to modernize these legacy infrastructures.
Interestingly, at the SIBOS banking conference last month, Chainlink developers announced a partnership with the world’s leading interbank messaging system SWIFT, allowing banks to use it to connect to blockchain systems.
In addition, Chainlink is exploring the possibility of using artificial intelligence (AI) in combination with its own oracles to create secure, tamper-proof records of financial activity, such as proof of reserves.
Raydium is approaching Uniswap in terms of daily trading volume, as the influx of meme tokens does not stop. Raydium continued its activity, while other markets slowed down after the latest cryptocurrency rally.
The frenzy caused by memes is not going to slow down, as Raydium is catching up with Uniswap in weekly volumes. The Solana DEL ecosystem remains at its peak of activity, and weekly volumes of Radium have reached $ 20 billion. Raydium remains one of the most stable applications, even when the entire cryptocurrency market has slowed down and moved away from peak activity and record valuations.
The frenzy caused by memes is not going to slow down, as Raydium is catching up with Uniswap in weekly volumes. The Solana DEL ecosystem remains at its peak of activity, and weekly volumes of Radium have reached $ 20 billion. Raydium remains one of the most stable applications, even when the entire cryptocurrency market has slowed down and moved away from peak activity and record valuations.
I like pasta and sausages.
Fast and tasty 😋
Fast and tasty 😋
Summing up the results of the ending 2024, CoinGecko analysts presented an overview of the most popular blockchain ecosystems of this year. The first place in terms of traffic and investor interest in 2024 was taken by the Solana blockchain. It is followed by Base, Ethereum and TON. Solana and Base became the undisputed leaders among blockchain ecosystems. In the study, CoinGecko experts took into account only ecosystems with actively traded coins and a non-zero share of traffic.
Memcoins are outpacing other top 100 cryptocurrencies in terms of growth.
PEPE is leading the way after listing on Coinbase, Robinhood, and Korea's Upbit, as well as PNUT and ACT, which Binance recently added to the spot market.
Data: CoinMarketCap
PEPE is leading the way after listing on Coinbase, Robinhood, and Korea's Upbit, as well as PNUT and ACT, which Binance recently added to the spot market.
Data: CoinMarketCap
An anonymous crypto analyst named Ai_9684xtpa calculated that of the 15 memecoins listed on Binance this year, 12 have seen significant price increases since their listing on the exchange.
For example, Moo deng (MOODENG), Dogwifhat (WIF), and Popcat (POPCAT) have all seen over 200% price increases since their listing on Binance, while Neiro (NEIRO) has seen a nearly 7,600% increase since its launch.
For example, Moo deng (MOODENG), Dogwifhat (WIF), and Popcat (POPCAT) have all seen over 200% price increases since their listing on Binance, while Neiro (NEIRO) has seen a nearly 7,600% increase since its launch.