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If you’re looking for a blog about smooth sailing, wild success, and genius moves, you’re in the wrong place. This is about being James Young: messy, mistake-ridden, occasionally brilliant, often clueless, and perpetually fascinated by the intersection of humans and technology. Let’s get real.
In 2024, Litecoin (LTC) transcended its reputation as merely “digital silver.” Shattering records for network transactions, hashrate, address activity, opt-in privacy adoption (MWEB aka ‘VPM’), and seen mainstream integration galore. Institutions are betting big on LTC, filing for ETFs, launching Futures and other products, and adding to their Litecoin stacks. And yes, we minted a few memes along the way, propelling Litecoin back into the spot-lite. Without further ado, let’s chew through 2024’s juicy highlights, like a VC devouring Solana’s cap table.
The AI token cumulative market cap rose by 14.9% in the past 24 hours and hit $49B. To put that into perspective, meme coins, a much older sector, now have a $117B market cap with a +8.9% 24-hour change.
While perpetual swap markets suggest a return to the more bullish sentiment that we saw before the recent period of depressed funding rates, a brief rally in short tenor yields over the last 2 days has done little to reverse the month-long trend lower.
Local Chinese banks are now required to flag transactions involving cryptocurrencies.
The new rules will make buying or selling cryptocurrencies with yuan very difficult
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