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BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
12/23/2024 fundamentals

Top 10 Crypto Highlights of 2024: From Bitcoin Hitting $100K to Pro-Crypto Policy

2024 left a defining mark on the history of the crypto industry, with a wave of major events shaping the future of the market. Here are the 10 most notable moments — from Bitcoin's explosive price surge to landmark political and regulatory shifts. 1. Trump Wins the U.S. Presidency: A New Era for Crypto On November 6, Donald Trump officially defeated Kamala Harris to become President of the United States. A vocal crypto supporter, he pledged to advance friendlier policies — including plans to overhaul financial regulation, expand CFTC authority, and resolve the ongoing dispute between the SEC and crypto businesses.

Top 10 Crypto Highlights of 2024: From Bitcoin Hitting $100K to Pro-Crypto Policy

2024 left a defining mark on the history of the crypto industry, with a wave of major events shaping the future of the market. Here are the 10 most notable moments — from Bitcoin's explosive price surge to landmark political and regulatory shifts.

1. Trump Wins the U.S. Presidency: A New Era for Crypto

On November 6, Donald Trump officially defeated Kamala Harris to become President of the United States. A vocal crypto supporter, he pledged to advance friendlier policies — including plans to overhaul financial regulation, expand CFTC authority, and resolve the ongoing dispute between the SEC and crypto businesses.

2. Spot Bitcoin and Ethereum ETFs Approved: Crypto Meets Wall Street

Early in 2024, the SEC approved a spot Bitcoin ETF — a major milestone marking crypto's entry into traditional financial markets. Just months later, a spot Ethereum ETF also received the green light, opening a new investment era for both institutions and retail investors.

3. Bitcoin Breaks $100K: A Historic Milestone

On December 5, Bitcoin officially crossed $100,000 for the first time in history. Market cap surpassed $2 trillion, making Bitcoin the seventh most valuable asset in the world and cementing its irreplaceable place in the digital economy.

4. DOGE Explodes on the Back of Musk's "DOGE Dept"

Backed by Elon Musk and the U.S. government, the Department of Government Efficiency (DOGE) was established, delivering a massive boost to Dogecoin. The price of DOGE surged nearly 6x, peaking at $0.48 by year's end.

5. CZ Completes Prison Sentence and Relaunches His Career

Changpeng Zhao (CZ), founder of Binance, completed his 4-month prison sentence in September. Upon his return, he shifted focus to the educational platform Giggle Academy — a notable reinvention for one of crypto's most powerful figures.

6. Polymarket Steps Up: Leading Election Predictions

Prediction platform Polymarket set a record with over $2.5 billion in trading volume in November, becoming the most trusted forecasting tool during the U.S. election. The prediction market demonstrated crypto's power to reflect real-world outcomes.

7. MicroStrategy Joins the Nasdaq 100

On December 14, MicroStrategy was officially added to the Nasdaq 100 index — a major win for the crypto industry. Holding over 423,650 BTC, MicroStrategy solidified its role as a pioneer in driving corporate Bitcoin adoption.

8. HBO Releases Documentary on Satoshi Nakamoto

HBO's "Money Electric: The Bitcoin Mystery," released in October, once again ignited debate over the true identity of Satoshi Nakamoto. Although the named subject, Peter Todd, denied the claim, the film sparked a wave of lively discussion across the crypto community.

9. Stablecoin Market Cap Reaches $200B

Driven by the widespread adoption of stablecoins like USDT and USDC, the total stablecoin market cap hit a peak of $200 billion in December — reinforcing their critical role in the digital financial ecosystem and global commerce.

10. SEC Chair Gary Gensler Resigns: Fresh Air for the Market

On November 22, SEC Chair Gary Gensler announced his resignation, ending a tenure marked by controversy. The news brought renewed optimism to the crypto industry, with expectations that more open policies would follow and drive market growth.

In summary, 2024 was a breakout year filled with pivotal moments. From political and regulatory developments to advances in technology and markets, crypto is increasingly asserting its place in the global financial and technology landscape.