Crypto Chronicles of 2024: A year of resurgence and promise

$100,000 and counting—this figure has become the centrepiece of crypto conversations in 2024. Bitcoin rallied to this landmark price just hours after US President-elect Donald Trump appointed crypto advocate Paul Atkins as the new chair of the US SEC.

This year also saw crypto make significant strides into the financial mainstream, as the US SEC approved Bitcoin and Ethereum ETFs earlier in the year. Crypto scaled to unprecedented heights and became a central topic in the recently concluded US elections.

Mainstream adoption takes off

Earlier this year, the SEC’s approval of ETFs for multiple crypto players created a ripple effect. Financial giants like BlackRock and Fidelity significantly increased their crypto investments. Enhanced…

Source link