Bitcoin miners saw substantial shifts in their revenue during 2024, a pivotal year marked by the network’s fourth halving event. As bitcoin’s block reward dropped from 6.25 BTC to 3.125 BTC at block 840,000 in mid-April, the dynamics of mining profitability shifted dramatically, influencing revenue trends throughout the year. From Peaks to Valleys: The Dramatic […]
PRESS RELEASE. Singapore, December 30, 2024 – LBank, a leading global cryptocurrency exchange, has released its 2024 Annual Report, showcasing a year of extraordinary achievements across various domains, including leap growth, product innovation, global branding, and compliance. In 2024, LBank reached remarkable new heights in growth. The platform achieved over 15 million registered users worldwide, […]
2024 has been colossal for bitcoin, and with just a handful of days left in the year, its dominance now stands at 56.8% of the $ 3.29 trillion crypto economy. Back in January, bitcoin held a lower 50.3% of the market, which was then valued at $ 1.65 trillion. Bitcoin’s Meteoric Rise in …
The intersection of cryptocurrency and artificial intelligence is no longer a distant vision—it’s happening now. Projects like $ GOAT, $ ACT, and $ AI16Z have propelled AI Agent tokens into market prominence, highlighting a breakthrough in crypto and AI integration. Top venture capital firms such as Y Combinator and a16z have recognized …
Bitcoin and ether ETFs approved in January and July respectively, played a vital role in the industry’s record-breaking year. Crypto Gives ETF Industry a Second Wind Global exchange-traded funds (ETFs) averaged $ 4 billion in daily inflows and closed out with a record-breaking total of $ 1 trillion in annual inflows for 2024, …