Blockchain technology has been making waves across various industries, promising enhanced security, transparency, and efficiency. One of the most exciting developments in this field is the emergence of smart contracts. These automated contracts, with terms of agreements directly written into their base code, are transforming how transactions are conducted and recorded. Understanding Smart Contracts Smart contracts are programs stored on a blockchain that automatically execute actions when predetermined conditions are met. The concept was first proposed by computer scientist Nick Szabo in the 1990s, but it gained traction with the advent of blockchain technology, particularly with the Ethereum platform. Unlike
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Bitcoin Whale Wallets Increase as Bullish Sentiment Builds
The number of Bitcoin (BTC) wallets containing 1,000 or more BTC has increased by nearly 3.5% over the past 52 weeks. This growth is accompanied by a 75% increase in the number of wallets holding 0.0001 BTC or less. On the surface, these numbers indicate growth at both ends of the spectrum. However, a categorical examination reveals that Bitcoin’s middle class—those holding between one and ten BTC—appears to be shrinking. This data, derived from BitInfoCharts, shows the percentage change in the number of wallets containing specific amounts of BTC between Oct. 1, 2023, and Sept. 23, 2024. While the approximately CryptoIntelligence
Elon Pumps Solana Memecoin to Rally 19,000% Before Exchange Listing, As SHIB and DOGE Lag
Elon Pumps could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Elon Pumps (ELONPUMP), a new Solana memecoin that was launched today, is poised to explode over 19,000% in price in the coming days. This is because ELONPUMP is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Elon Pumps can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to CryptoIntelligence