COINTURK NEWS – Bitcoin, Blockchain and Cryptocurrency News and Analysis

The Pudgy Penguins NFT project successfully launched its own token, PENGU, on the Solana $209 blockchain, significantly boosting the network’s activity. Solana, recognized as a cost-effective alternative to Ethereum $3,668, reached its highest transaction volume since 2020 by December 2024. Solana VolumePENGU Token Launch Solana Volume The number of transactions on Solana surpassed the total…

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World’s Largest Digital Asset Company Announces It Will Offer a Fund for This Altcoin to Wealthy Clients

Grayscale Investments, the world’s largest digital asset company, has announced the launch of the Grayscale Bittensor Trust, a fund designed to provide qualified investors with exposure to Bittensor (TAO) in the form of securities. By eliminating the hassle of directly purchasing, storing, and safeguarding TAO, the Trust represents one of the first securities to invest…

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Meme coins drive Solana DApp revenue to $365m record

Decentralized application revenue on Solana reached a new record high, mainly generated from meme coin-related transactions and tools. According to Syndica’s research, Solana (SOL) native DApps garnered $365 million in revenue during November 2024, a new monthly high for the popular layer-1 blockchain network. Solana’s decentralized finance ecosystem was the leading port of call for…

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Binance.US Charts 2025 Comeback, CEO Norman Reed Reflects on Challenges and Plans for Growth

Building on the momentum of anticipated changes to U.S. crypto policy, Binance.US said it aims to restore its USD services in early 2025,  according to a statement shared with Decrypt. It marks the exchange’s first major operational shift as regulatory pressure forced the exchange to suspend fiat trading last year. The platform has operated under…

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Bitcoin’s Astronomical Returns: 14,211 New Millionaires and 4 New Billionaires Emerge

Bitcoin’s surge past $100,000 has created 14,211 new millionaires and four new billionaires, a new study NFT Evening has revealed. Bitcoin Investors Outshine Blue-Chip Stock Investors According to findings from an NFT Evening study, bitcoin’s surge past the $100,000 mark has created 14,211 new millionaires and four new billionaires. The report explains that bitcoin (BTC)…

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Securing Bitcoin’s Future & Empowering Developers

On HODL Day, a celebration of resilience and long-term commitment, Nexo proudly announces its donation of 1 BTC (~$105K) to Brink, a leading non-profit funding Bitcoin Core development. Nexo has generously donated $105,000 to Brink, a non-profit organization dedicated to open-source Bitcoin development. Like any complex system, Bitcoin requires ongoing care and improvement to function…

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