TikTok has set a new record. Since this app was released in 2016, it has always been at the center of multiple controversies. Still, the popularity of this app is increasing. In a groundbreaking achievement, TikTok and its Chinese counterpart, Douyin, have surpassed $6 billion in annual in-app purchase revenue. This is the first time a non-gaming app has touched this milestone. This will have a long-lasting influence on this app’s future innovation and engagement techniques.
Record-Breaking Revenue and Growth Despite Regulatory Challenges
TikTok’s growth has always been prominent across the world. Despite several hurdles, reports from app intelligence provider Sensor Tower revealed that TikTok has generated a record high of $1.9 billion in gross in-app purchases during the fourth quarter of 2024. This surge has allowed this app and its Chinese counterpart Douyin to reach a total of $6 billion as the first non-gaming apps.
After the revenue of the fourth quarter of 2024, only YouTube and Google One subscriptions have crossed TikTok. Aside from them, only Monopoly GO has reached closer with its $2.6 billion IAP revenue, earning second place. The monetization strategies of these apps have significantly contributed to their rapid rise. These two apps have seamlessly integrated shopping experiences within their platforms, allowing users to purchase products directly through the app. This approach has opened a new revenue stream and established it as an e-commerce platform.
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Source : https://www.analyticsinsight.net/news/tiktok-takes-the-crown-6b-revenue-milestone-shattered
President Donald Trump’s special envoy Steve Witkoff said on Sunday that there would be an expectation that U.S. firms may do business in Russia in the event of a peace deal in the Russia-Ukraine war.
Why it’s important
Trump has been pushing for a deal to end the war in Ukraine and held separate calls with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy this month.
“Obviously there would be an expectation that if we get to a peace deal, that you would be able to have American companies come back and do business there. And I think that everybody would believe that that would be a positive, good thing to happen,” Witkoff told the CBS News program “Face The Nation.”
U.S. Treasury Secretary Scott Bessent told Bloomberg Television on Thursday that Russia could win some relief from U.S. sanctions based on its willingness to negotiate an end to its war in Ukraine. Asked whether the United States is prepared to increase sanctions on Russia or reduce them depending on how talks to end the Ukraine war go, Bessent had said: “That’d be a very good characterization.
Context
Trump’s top officials recently met their Russian counterparts in Saudi Arabia in talks that did not include Ukraine. Trump also called Zelenskiy a dictator on Wednesday.
Trump has urged the presidents of Russia and Ukraine to work together on ending the war, which began when Russia invaded Ukraine in February 2022. Russia had annexed Crimea in 2014.
Trump faced criticism domestically and internationally in the past week after he said Ukraine should have never started” the war before reversing course and saying Russia did in fact invade Ukraine.
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This week, the crypto world has turned its attention to two riveting crypto stories: Ethereum’s (ETH) turbulent start to 2025 and JetBolt’s (JBOLT) impressive presale momentum. Ethereum has faced a sharp 9.8% price drop over the previous thirty days, sparking questions about whether it can recover and potentially break the elusive $5,000 mark. Analysts are divided as ETH grapples with market pressures and key support levels.
At the same time, newcomer JetBolt is among the new trending altcoins with its ongoing presale. The emerging altcoin has already sold over 250 million tokens, thanks to its innovative features like Zero-Gas Technology, AI utility, and a user-friendly staking system. What factors contribute to Ethereum’s price challenges, and what makes JetBolt stand out in the crowded crypto space? And Can ETH surpass $5,000 in January? Let’s dive in.
Ethereum: Faces Rocky Start to 2025 Amid Market Selloff and Analyst Optimism
Ethereum has stumbled into the new year with a sharp 3.9% drop over the past seven days, pushing its price to $3,301.39, marking a slight rebound from its recent $3,160 dip which marked its lowest close since November 2024. The altcoin leader has seen two consecutive days of declines and then an uptick in price before the weekend. While bearish sentiment weighs heavily, prominent analyst Ali Martinez suggests that this downturn might set the stage for a bullish turnaround.
Martinez highlights $2,900 as a key level—an “ideal buy-the-dip” zone for long-term investors. If Ethereum stabilizes and reclaims critical resistance near $3,900, it could aim for a long-term price goal of $7,000. Such a rally would finally shatter Ethereum’s elusive $5,000 milestone—a target eagerly anticipated since its 2021 peak of $4,800.
Vitalik Buterin, Ethereum’s co-founder, has emphasized advancing core developments such as scaling solutions and upgrades like Account Abstraction—a vision that balances technical innovation with stronger community engagement to support ecosystem growth.
For now, Ethereum’s price action reflects market uncertainty. With strong support at $3,200 and $3,000, traders are cautiously optimistic that a rebound could follow.
JetBolt: The Young Altcoin Challenging the Norm with 250M Token Sales
As Ethereum faces recent market challenges, a rising star is taking the spotlight in the altcoin scene. JetBolt (JBOLT), a fresh and disruptive token, has already achieved an impressive presale performance, with over 250 million tokens sold since its launch. This extraordinary performance underscores its growing appeal among crypto enthusiasts.
JetBolt’s rapid success is fueled by its state-of-the-art Zero-Gas Technology, which eliminates gas fees for blockchain transactions—paving the way for a smooth and accessible user experience that is rarely seen in new altcoins.
Adding to JetBolt’s allure is a unique staking system that rewards users not only for staking but also for active engagement on the platform while they stake—a stark contrast to traditional staking systems. By challenging the norms, JetBolt is setting a new standard for next-gen altcoins in 2025.
JetBolt also incorporates a whole new level of excitement into its ongoing presale. Early purchasers of JBOLT tokens acquire tokens and receive up to 25% extra tokens. This attractive presale perk is available to those who buy JetBolt tokens in batches or through Alpha Boxes.
Embracing the advancements in artificial intelligence (AI), JetBolt has integrated this technology into its platform. Presale buyers can get immediate access to this young altcoin’s AI-powered utility, which aggregates Web3 news, blockchain market developments, and other blockchain content and stories.
With 250 million tokens sold, it’s not surprising that JetBolt’s presale is flying to new heights—a testament to what next-gen altcoins can showcase in 2025.
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