Top 10 CRYPTO Milestones of 2024
1️⃣ #Bitcoin Surges to $107,796: Bitcoin reaches an all-time high, signaling widespread adoption and market growth.
2️⃣ SEC Greenlights Bitcoin & #Ethereum Funds: Bitcoin and Ethereum exchange-traded funds receive approval, attracting billions in capital inflows.
3️⃣ #Trump Returns to Presidency, Champions Crypto: Trump expresses strong cryptocurrency support, appointing a blockchain innovation lead.
4️⃣ Federal Reserve Lowers Interest Rates: Rate cuts by the Fed fuel economic recovery and market optimism.
5️⃣ Mt. Gox Begins Restitutions: Compensation to victims of the 2014 Mt. Gox collapse officially starts.
6️⃣ CZ and SBF Face Legal Sentences: CZ penalized for regulatory violations; SBF sentenced for fraud related to FTX.
7️⃣ VC Coins Decline, MEME Tokens Shine: Venture-backed assets lose traction as meme coins like PEPE gain momentum.
8️⃣ MicroStrategy Enters Nasdaq-100: MicroStrategy becomes part of Nasdaq-100, holding $27.7 billion in Bitcoin reserves.
9️⃣ Ethereum Cancun Upgrade Deployed: Ethereum’s latest upgrade enhances scalability and cuts transaction costs for DeFi and gaming applications.
🔟 Bitcoin #Halving Ignites Innovation: The halving event inspires advancements like Runes and Inscriptions in the blockchain ecosystem.