In 2024, the cryptocurrency industry witnessed key trends like the rise of Memecoins, AI Agent sector development, leaps in prediction markets, innovations in liquid staking tokens, and threats from quantum computing, shaping a series of memorable moments in the industry's history. Foresight News has selected 10 must-read articles for the year, allowing us to revisit the extraordinary year of 2024 together.
(100,000 USD is just the starting point for BTC)
Recommendation: On December 5, 2024, at 10 AM, Bitcoin officially broke through the $100,000 mark, reaching a historic high and becoming a financial giant with a market value of nearly $2 trillion. At this historic moment, the author briefly reviews Bitcoin's development history, analyzes the current situation, and explains why $100,000 is still just the starting point for Bitcoin.
(US Ethereum Spot ETF Launch, Long-Term Significance Greater than Short-Term Impact)
Recommendation: On July 23, 2024, the US Ethereum spot ETF was officially launched for trading, marking another milestone in the crypto world following the approval of the Bitcoin spot ETF. This article provides an in-depth and accessible analysis of the short-term effects on the buying and selling power of Ethereum tokens and the long-term impacts on the crypto ecosystem post-launch, helping readers glimpse the essence of the event through its surface.
(Chronicles of Love and Hate in the Chinese Cryptocurrency Circle)
Recommendation: Why are Chinese people so passionate about the cryptocurrency circle? Why is 70% of the world's Bitcoin mined by Chinese? Why do Chinese control 50% of the Bitcoin market and most trading platforms? By looking at the stories of past cryptocurrency leaders who soared to the peak in an instant but fell from grace just as quickly, we may find answers in our hearts.
(Post-Rate Cut Era: A Deep Dive into the New Economic and Market Landscape)
Recommendation: On September 19, 2024, the Federal Reserve announced a 50 basis point reduction in the target range for the federal funds rate to between 4.75% and 5.00%. This marks the Fed's first rate cut in four years, and upon the announcement, the cryptocurrency market experienced a full rebound. This article analyzes the motivations and consequences of the rate cut comprehensively, from employment market dynamics to asset price fluctuations, allowing readers to clearly perceive how the clarion call for this cryptocurrency bull market was sounded.
(The Shifting Landscape After Trump's Election)
Recommendation: In the early hours of November 6, 2024, 78-year-old Trump defeated Democratic candidate Harris with a crushing advantage, becoming the 47th President of the United States. This 'Crypto President' returning to the White House will bring what changes to future global social relations and financial asset trends? Will it lead to a significant regulatory breakthrough for the cryptocurrency industry? In this article, Yang Ge, founder of Starry Capital, guides us to uncover the more fundamental questions arising from the dramatic shifts in the global landscape and explore the practical significance of various Crypto policies.
(The Original Sin of Finance: Virtual Currency's Retreat from China)
Recommendation: The original sin of finance is never finance itself, but a series of problems and flaws exposed during its development. This article deeply analyzes the regulatory history of virtual currency in China, revealing its original sin and regulatory logic. The Chinese virtual currency market has gone from rampant expansion to complete ban. Currently, Hong Kong has taken the lead in breaking the deadlock. Can it be reborn and find new hope in the future? It is worth looking forward to.
(Vitalik's 42 Days in Chiang Mai)
Recommendation: Vitalik says Chiang Mai is Zuzalu 2.0, where he gave his first face-to-face interview with a Chinese Web3 media outlet. During the nearly 90-minute conversation, Vitalik discussed a large number of new Web3 applications and his thoughts on them, sharing many observations about Chinese elements.
(Full text of He Yi's letter to the American judge: What is a more authentic Zhao Changpeng like?)
Recommendation: On the morning of April 30, local time, former 'Chinese richest man' and former Binance CEO Zhao Changpeng was sentenced to four months in federal court in Seattle, USA, for failing to comply with anti-money laundering regulations. Before the trial, in addition to Zhao's apology letter, there were 161 letters of support from his family, friends, and others, which restore the true Zhao Changpeng from different perspectives. Among the most special letters was from Binance co-founder He Yi, who is also the mother of three children. This letter reviews the complexity of the early cryptocurrency industry, discusses Zhao's merits and faults, and contains a thorough consideration of industry responsibilities, making it worth reading.
(HBO's latest documentary reveals the Bitcoin creator? Documentary protagonist: I am definitely not 'Satoshi Nakamoto')
Recommendation: Who is Satoshi Nakamoto? This puzzle that has troubled the world for over a decade has sparked a heated debate again due to an HBO documentary. The film focuses on the key mysteries of cryptocurrency, deeply exploring and presenting evidence that guides viewers to think about the complexity and mystery behind Bitcoin.
(Is Crypto × AI Narrative 2.0 an AI Agent?)
Recommendation: Since mid-October, the first AI Agent token GOAT (Truth Terminal) has emerged, and AI Agent meme coins have quickly become the new focus of the market, with the AI Agent sector experiencing rapid development. This article delves into the core features and underlying logic of AI Agents, making it a worthwhile read for those wanting to understand this sector.
Recommended Reading:
2024 Web3 Investment and Financing Annual Report: Total financing exceeds $10 billion, with AI sector capturing 30% of the funding.
2024 On-Chain Data Annual Summary: Our Top Ten Key Points
Overview of the 2024 Memecoin Supercycle
2025 Airdrop Treasure List | These 30+ projects are worth paying attention to
2024 Crypto Annual Keywords: Airdrop, Meme, AI ...
Top 10 Crypto Moments of 2024: Trump's Election, Spot ETF Approval, Bitcoin Breaks $100,000 for the First Time