Another year comes to a close, and the cryptocurrency world has just gone through a tumultuous yet exciting journey. 2024 is not only a year of impressive numbers but also a year that marks moments we will always remember.
PART 1: THE BIGGEST STORIES
1️⃣ 2024: The year of cryptocurrency ETFs
This year, cryptocurrency ETFs not only attracted attention but also officially brought crypto into the mainstream of traditional finance:
Bitcoin ETF: Leading with $36.1 billion in net inflows.
Ethereum ETF: From a rocky start, it has surged with $2.3 billion in net inflows.
Total: $38 billion, far exceeding the initial expectations of the traditional market.
This is not just a number. This is acceptance. And more importantly, it is a new breakthrough for crypto in the eyes of traditional investors.
2️⃣ Memecoins and the strangest race of the year
If 2024 has a symbol, it is indeed memecoins.
From $WIF, the first memecoin to reach a market cap of $4 billion in just 4 months, to the Pump.Fun platform, where revenue reached $93 million/month thanks to the 'strangeness' in its operation.
Even: The first AI chatbot became a memecoin millionaire, a story that only crypto could create.
3️⃣ The US cryptocurrency industry has new hope
On January 20, 2024, Gary Gensler, the head of the SEC, announced his retirement. With heavy regulations of the past gradually being lifted, the US market stands before a promising new chapter.
4️⃣ Trump wins the election, Bitcoin surpasses $100,000
In November, Donald Trump was re-elected and declared his support for cryptocurrency. The result is:
Bitcoin hits a new peak, surpassing $100,000 for the first time in history.
The market has gone through a true 'crazy election year'.
5️⃣ Halving and the Bitcoin price explosion
In April, the Bitcoin block reward halving event took place. The amount of new Bitcoin created each day was halved, combined with liquidity from central banks, leading us to...
"Banana Zone": When Bitcoin and other digital assets witness incredible increases.
PART 2: UNFORGETTABLE HIGHLIGHTS
1️⃣ Memecoins and new millionaires: A year where craziness brought incredible opportunities.
2️⃣ Ethereum ETF rebounded strongly: After the election, ETH price jumped from $2,400 to $3,900, marking a spectacular market comeback.
CONCLUSION: THE YEAR OF NEW BEGINNINGS
2024 is the year that crypto not only survived but thrived. From ETFs to memecoins, from Bitcoin surpassing $100,000 to new hopes in regulation, we have witnessed a historic chapter.
But the story doesn't stop here. 2025 promises to hold even more surprises. So, get ready.
And don't forget: The market may be volatile, but opportunities always await those who are persistent. 🎉
Wishing you and your investment portfolio a spectacular new year! 🚀
