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- Crypto 2024: Halvings, Hype, and the $100K Question?
Crypto 2024: Halvings, Hype, and the $100K Question?
This Week in Crypto
đď¸This week Tracey, Blake & Craig are doing a full 2024 wrapped episode and itâs the listen youâve all been waiting for! From Bitcoin smashing its own ceiling, to the launch of it ETFâs; âThe Halvingâ (not halvening), Trump, Memecoins and so much more. Tune in, catch up, live a little - itâs last Crypto Curious of the year! đ
This happened.
2024 Crypto Wrapped: The Year of ETFs, Moonshots, and Policy Plot Twists.
Well, folks, 2024 has been wild for crypto. If the past year was a Netflix series, weâd call it âBreaking FUDââa record-breaking romance between digital assets and institutional investors. As any good romance will demonstrate, whilst life is not always smooth sailing, itâs always worth an over-share on social media.
Buckle up as we wrap this year tighter than your mate clinging to their cold wallet.
Halving hype.
Delivering the much-hyped Bitcoin âhalvingâ in April, mining rewards were sliced and diced from 6.25 BTC to 3.125 BTC per blockâ itâs like eating only half pizza and telling yourself âIâm full!â. With less Bitcoin up for grabs, supply tightened, prices soared, and miners collectively sighed, âGuess weâre working twice as hard for half the pizza.â
As always, the halving sparked endless debates, FOMO, and Twitter threads longer than your last group chat. Love it or hate it, the halving proved one thing: Bitcoin loves a good plot twist, and the markets always eat it upâŚplus as always, the crypto natives âshowed themâ!!! and decided that trading memes was a good use of âhalveningâ time đ
Bitcoin Hits the Big Leagues.
Bitcoin didnât just walk to the moon this yearâit sprinted past $100k like it was late for a hotđĽ date. In January, the U.S. finally approved Bitcoin ETFs, and Wall Street said, âWeâll take one of those, thanks.â Investors loved it. Memers loved â¤ď¸ it. Even your skeptical uncle who still calls it âfake internet moneyâ raised an eyebrow.
By December 17, BTC peaked at $107k, and suddenly everyone who said âIâll buy at $20kâ was feeling the full effects of FOMO, in fact, is there a word that is a more FOMO version of FOMO because thatâs actually far more accurate!!
FROM THIS đđź - Bitcoin Reaches $65,000âNow Only 6% Away From Its All-Time High
TO THIS đđź - Bitcoin Breaks $107,000 in Parabolic Advance As âCrypto Presidentâ Trump Acquires DeFi Coins
Policy Shifts and Regulatory Landscape.
Ah, 2024: the year Trump swapped his âcryptoâs a scamâ hat for a âBitcoinâs cool nowâ cap. Yep, a friendlier U.S. government vibe had the markets vibing too. While weâre not saying politics runs crypto, it certainly gave BTC a motivational push.
FROM THIS đđź- Donald Trump is âNot a Fanâ of Bitcoin and Crypto, Citing High Volatility
TO THIS đđź- Donald Trump Says Bitcoin Is Going To The Moon: âUnited States Will be The Crypto Capital of The Planetâ
Meanwhile, over in Hong Kong, Asia launched its first Bitcoin and Ethereum ETFs. With regulation that didnât feel like detention, they proved that crypto and compliance can actually get along.
ETH, Altcoins & A Few Surprises.
While Bitcoin stole the headlines, Ethereum quietly pumped its bags too climbing over 55% on the year. Not bad for cryptoâs king of utility. And the rest of the altcoin (ahem sh*tcoin) squad? Some hits, some misses, and a lot of ânext cycle, surely.â
Specifically, though - the Memecoins?
If 2024 taught us anything, itâs that memecoins refuse to take a backseat. From doggos to frogs (and even bananas), tokens like Doge, Shiba, Pepe, Bonk, and WIF (yes, thatâs short for dog with hat) had their 15 minutes of fameâsome more than once. Even amidst ETFs and institutional suits, memecoins pumped, dumped, and reminded us that vibes are still a market indicator. Chaos? Check. Community? Absolutely. And memes? Always. Just donât ask your accountant to explain why your mate made 10x on Floki.
The pumped! - A Look at Flokiâs First Half Year 2024
And the pumpest! - 10 Best New Meme Coins to Buy in December 2024
Conclusion: The Year Crypto Grew Up (a Bit).
From ETFs and moonshots to regulators finally getting out of bed, 2024 was a glow-up year for crypto. If youâre already saving small change in Bitcoin, give yourself a pat on the backâyouâre ahead of the curve. And if not? Well, 2025âs just around the corner, and this rollercoaster isnât slowing down anytime soon.
So, hereâs to more saving, less spending, and maybeâjust maybeâHODLing your way to that next holiday.
Quick crypto news.
Microstrategy Buys More Bitcoin: Another $1.5 Billion Added To Holdings
Bitcoin Surpasses $107,700âGlobal Crypto Market Explodes!
Major implicationsâ for gaming tokens as CyberKongz hit with SEC Wells notice
This big super fund just became the first to buy into crypto!
Savvy Trader Turns $6 Into $87,000 Trading Newly launched PENGU Token
Ohio Bitcoin Reserve Act: Will This Revolutionize the U.S. Economy?
So dogey!
Members of the Own the Doge DAO will vote in the coming weeks to potentially bestow official IP status on one of many Neiro meme coins.