The launch of the US bitcoin spot fund ETF, the Sam Bankman Fried verdict, halving, the proliferation of the clicker game Hamster Combat on Telegram, President-elect Donald Trump's crypto-crusade and an FBI warning were among this year's top stories.
BREAK There's always something going on in the #cryptocurrency world, and this year was no exception.
From #bitcoin ETFs to Sam Bankman Fryd, Hamster Combat, Donald Trump and half-falls - the best of 2024 to enjoy this Christmas. Here are 12 stories.
January 11, the U. S. Securities and Exchange Commission approved a proposal to create several bitcoin spot ETFs ahead of schedule. Ark Invest/21Shares, Bitwise, BlackRock, Fidelity, Franklin The Ark Invest/21Shares Bitwise, BlackRock, Fidelity, Franklin Templeton, Grayscale, Invesco, Valkyrie (now CoinShares), VanEck and WisdomTree ETFs began trading the next day; the Hashdex spot ETF and the Grayscale mini bitcoin fund were launched in March. These bitcoin funds, which became the most successful ETFs in history, attracted more than $36 billion in net inflows and about $110 billion in assets under management as bitcoin prices rose significantly this year.
BlackRock's IBIT Spot bitcoin fund dominated by most metrics, holding more than 70% of the market with about $54 billion in assets and trading volume.
The same month saw one of the craziest stories of the year. An unknown user transferred 26.9 #BTC worth $1.2 million to a Genesis wallet created by pseudonymous blockchain creator Satoshi Nakamoto, who is unlikely to receive or return the funds.
analysis According to the Arkham platform, the transaction was made from a wallet linked to the Binance cryptocurrency exchange for an unusually high fee of $100, bringing the Genesis wallet balance to nearly 100 BTC ($4.3 million at the time).
Satoshi woke up and either bought 27 bitcoins on Binance and put them in his wallet or someone burned a million dollars,
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