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Showing posts from January, 2025

Cryptocurrency Highlights of 2024

The year 2024 was a big year for cryptocurrencies. It saw many important changes, new technologies, and shifts in the market. This article will cover the main highlights of the year and look at what might happen next, including how President-Elect Donald Trump might affect crypto policy in Q1 2025. 1. Bitcoin's Halving and Market Impact Bitcoin's halving in April 2024 was a big event. It cut the reward for mining Bitcoin in half, from 6.25 BTC to 3.125 BTC. This has often led to higher prices because there's less Bitcoin being made and demand stays strong. Before the halving, Bitcoin's price went up a lot. This was because more people wanted to buy it and the media was talking about it a lot. After the halving, Bitcoin's price went up and down a lot. It even hit $50,000 for a short time before settling down. Experts said that more people and companies were buying Bitcoin, and worries about inflation helped push the price up. 2. Regulatory Developments Across the Glo...