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ROLLUP: Top 5 Biggest Crypto Events Of 2024

44 snips
Dec 27, 2024
2024 was a landmark year for crypto, highlighted by Bitcoin soaring past $100,000 and the game-changing approval of spot Bitcoin and Ethereum ETFs. El Salvador faced challenges as it rolled back Bitcoin initiatives under IMF pressure. A surprising political twist saw Donald Trump embrace the crypto world, dubbing himself the 'Crypto President.' Meanwhile, memecoins surged in popularity, and Ethereum's capacity spiked. Join a reflective journey through these pivotal moments as the crypto landscape continues to evolve!
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INSIGHT

Bitcoin Pullback

  • Bitcoin's price drop is a normal, healthy pullback.
  • Higher prices are expected in the future.
INSIGHT

Ethereum L2 Scaling

  • Ethereum's layer 2 scaling factor grew from 4x to 15x in 2024.
  • This growth suggests a healthy and promising scaling trajectory.
INSIGHT

Ether Issuance and Burn

  • In 2024, two ether were burned for every three issued.
  • This resulted in a net issuance of 276,000 ether, demonstrating deflationary pressure.
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