Stablecoin issuers, led by Tether (USDT) and Circle, captured over 40% of on-chain revenue in December 2024, totaling $664 million of the $1.5 billion generated. Tether's impressive $532 million performance made it the top earner, with stablecoins continuing to play a crucial role in the crypto ecosystem. Ethereum led blockchain networks with $162 million in revenue, while Layer-2 networks like Base saw moderate activity. Interestingly, Telegram trading bots emerged as a new revenue source, contributing $91 million, signaling the growing influence of crypto bots in the market. . . . . #stablecoins #tether #circle #ethereum #cryptostan #stocks #thecryptocountry
CryptoStan
IT Services and IT Consulting
Lahore, Punjab 286 followers
- The Crypto Country 💵 Where we help you learn A to Z of crypto to make you earn from 0 to 1.
About us
CryptoStan is a news and learning website dedicated to share and educate the masses about cryptocurrency, trading and other related terms. With large masses seeking interest in the cryptocurrency market, we aim to provide information easy to digest for customers. From A to Z all topics related to cryptocurrency are covered here. Our goal is not just to report on the latest news, but also to provide a learning hub for the newcomers and experts to know everything about encompassing the crypto industry. From the state of the market, insider statements, comments from investors, government’s action and more are all covered here.
- Website
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http://www.cryptostan.co/
External link for CryptoStan
- Industry
- IT Services and IT Consulting
- Company size
- 201-500 employees
- Headquarters
- Lahore, Punjab
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- Privately Held
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- 2019
- Specialties
- cryptocurrency, cryptonews, tradingsignals, cryptocurrencytrade, latestnews, predictions, learning , blockchain, exchangedevelopment, and cryptoexchangeexperts
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Lahore, Punjab 54800, PK
Updates
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USDC's market cap has surged by 80% since its 2023 lows, now approaching $44 billion. Data reveals that the stablecoin’s supply is diversifying across blockchain networks, with Ethereum now holding 65% of USDC's circulating supply. Significant growth has also been seen on Solana, Base, Arbitrum, and Hyperliquid, as more users migrate to these alternative networks. Analysts predict that USDC's market capitalization could double in 2025, fueled by increasing DeFi adoption and speculation around Solana-based projects. This growth signals a shift in the stablecoin landscape and its role in decentralized finance. . . . . #usdc #market #stablecoin #stocks #cryptostan #thecryptocountry
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There are speculations that X Money, the platform's long-awaited payment mechanism, may soon emerge after recently released code from X (previously Twitter). CEO Linda Yaccarino revealed X Money's 2025 debut a few days prior. Some have speculated that X may start without the approval of all 50 states, despite having already obtained money transmitter licenses in 39 of them. In addition to integrating cryptocurrency payments, specifically, Bitcoin and Dogecoin. The system would enable users to tip content creators, many believe that these coins will be crucial to X Money's success as Musk's receptiveness towards crypto. . . . . #x #money #tech #updates #cryptopayments #twitter #cryptostan #thecryptocountry
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The Pentagon has concluded its pilot program exploring the use of AI chatbots in military healthcare. Managed by the Department of Defense’s Chief Digital and Artificial Intelligence Office (CDAO), the program focused on using large-language models (LLM) for tasks like clinical note summarization and medical advice. Over 200 healthcare providers and analysts participated, identifying over 800 potential vulnerabilities and biases in the chatbots' application for military medicine. The findings will guide future research and development of Generative AI (GenAI) systems, aiming for better tools in military and defense operations. This move comes as AI is being increasingly integrated into defense tech, with firms like Meta offering their models for national security purposes. . . . . #pentagon #ai #chatbot #military #cdao #llm #noncrypto #cryptostan #thecryptocounttry
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With forecasts that it may eventually reach up to $200K, Bitcoin is now rising slowly but consistently, circling around $96,000. However, Ethereum (ETH) is becoming more and more prominent. Analysts believe that $5,700 will be the next significant milestone for ETH after it has passed three important price retests. This is the beginning of a possible altseason in which Ethereum is at the forefront. Since many altcoins have already hit all-time highs, ETH's ascent may represent the start of a larger altcoin rally. Ethereum's expansion is expected to propel the next major wave in cryptocurrency, which is probably going to begin this quarter, as Bitcoin's recovery continues. . . . . #ethereum #altseasin #cryptoseason #thecryptocountry #cryptostan #price #trading
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Here are today's crypto updates. #cryptolisting #tradepools #ascendex #bioprotocol #xtdotcom #ascendex #lbank #cryptostan #thecryptocountry
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Bitcoin's price is currently hovering around the critical $88,000 support zone, with analysts closely watching its next move. A dip below this level could push Bitcoin towards the $71,000 support mark, igniting concerns of intensified market volatility. Holding above $88K would signal stability and investor confidence, potentially fueling further price growth. In addition, Bitcoin recently experienced a significant dip following $42B in profit-taking by investors in December. This massive liquidation highlights market volatility, as many Bitcoin holders capitalized on the recent price surge, leading to a rapid sentiment shift from accumulation to liquidation. With uncertainty lingering, Bitcoin’s future direction hinges on maintaining key support levels amidst evolving investor sentiment. . . . . #bitcoin #btc #profits #price #cryptostan #thecryptocountry #forecast
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The crypto exchange with over 30 million users worldwide, MEXC has unveiled its new feature: MEXC Convert, allowing users to seamlessly exchange digital assets, even for beginners. With zero transaction fees, instant conversion, and no slippage risk, MEXC Convert simplifies the trading process. Users can exchange a variety of major cryptocurrencies such as BTC, ETH, MX, and USDT in just a few clicks as it has a system for auto selecting the best conversion path. Lastly there are zero transaction fees or slippage risks. Disclaimer: The information provided in this article about cryptocurrencies is for market analysis purposes only and does not represent MEXC's official stance or investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully evaluate market fluctuations, project fundamentals, and potential financial risks before making any trading decisions. . . . . #mexc #cryptoexchange #cryptotrading #cryptostan #thecryptocountry
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Here are some of the crypto updates for today. #altcoins #cryptocurrency #blockchain #cryptostan #thecryptocountry #cryptoexchange #cryptolisting #tradepools
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2024 was a year of significant advancements in the crypto space. Amid market fluctuations, these 10 projects successfully launched major upgrades or new products, showcasing real innovation in the blockchain ecosystem. These projects demonstrate the continued evolution of blockchain technologies, each bringing significant improvements to their respective networks in 2024. 👇👇👇👇👇 1️⃣ Avalanche9000 Upgrade - Avalanche launched its biggest protocol upgrade to date, reducing subnet deployment costs by 99.9% and lowering network fees by 96%. 2️⃣ Sui's Mysticeti Engine - The Sui blockchain implemented the Mysticeti consensus engine, enhancing transaction speed and efficiency. 3️⃣ Sonic Mainnet Launch - The Fantom Foundation introduced the Sonic Chain, an Ethereum-compatible layer-1 blockchain with sub-second finality and 10,000 TPS. 4️⃣ Hyperliquid’s Token Launch - Hyperliquid's token airdrop was one of the largest in history, and staking was enabled in late December. 5️⃣Ethereum Dencun Upgrade - Ethereum reduced Layer-2 fees by up to 99%, though it led to a temporary decline in Layer-1 fees. 6️⃣ Cardano’s Chang Hard Fork - Cardano introduced on-chain decentralized governance, allowing ADA holders to vote on network upgrades. 7️⃣Near Protocol’s Nightshade 2.0 - Near improved its architecture by enabling stateless validation, lowering hardware requirements for validators. 8️⃣ Movement Mainnet - The Movement Network launched its Ethereum scaling solution, enhancing transaction speeds with the Move programming language. 9️⃣Chainlink CCIP - Chainlink's Cross-Chain Interoperability Protocol facilitates seamless cross-chain token transfers and smart contract communication. 1️⃣0️⃣ Stacks Nakamoto Upgrade - Stacks enhanced Bitcoin’s scalability by introducing 100% Bitcoin finality and increased throughput. . . . . #cryptocurrency #defi #blockchain #network #ecosystem #cryptocurrency #chainlink #avalanche #ethereum #cryptostan #thecryptocountry