🗞 December 27 2024 cryptocurrency news highlights
【Cryptocurrency】
NEW: 🇿🇦 South African parliament member Mzwanele Manyi said "Bitcoin is coming in full force. It will devalue gold. It's unstoppable." 🔥
【Economy】
The Japanese government said they remain cautious about holding Bitcoin in its national reserves, citing crypto’s exclusion from foreign exchange categories and concerns over security, liquidity, and volatility.
【Indicators】
Bitcoin more than doubled from $43,665 on Christmas Day in 2023 to $98,200 in 2024. Historically, BTC is up 98,199,900% from 2010 at $0.10. 😎
【More】
Matt Hougan: Bitcoin could reach $500,000 if governments treat it as a strategic reserve, with rising demand from ETFs, corporations, and institutions outpacing its limited supply, potentially driving prices higher 💡📈
