Biggest Crypto Stories of 2024: Crypto Year in Review

Crypto New Year is here, and the biggest crypto stories of Crypto 2024 are back in the spotlight alongside VanEck crypto predictions for 2025.

U.S. investment firm VanEck just released their conservative crypto predictions for 2025. Thoughts?

If 2025 is the destination, 2024 was the year crypto hit full throttle. Spot Bitcoin and Ethereum ETFs became real, the Halvening dropped like clockwork, and a crypto-friendly U.S. cabinet took power. Oh, and a squirrel named Peanut inspired a meme coin frenzy. It was a year of absolute mania, the kind you can’t script.

So perhaps VanEck crypto predictions 2025 aren’t so unrealistic after all?

Let’s take a trip down Memory Lane. Here are the top crypto stories from 2024.

Bitcoin Halvening Is About to Make Crypto Explode

I got into Bitcoin in 2019, and when the 2020 Halving happened, I didn’t really know what to expect: Was my BTC going up, sideways, or down?

Well, I’m glad I held – Bitcoin crabbed post-halving, gaining a meager +6% despite the major event, but my holding behavior was rewarded when the price later exploded by 548% to new all-time highs.

We’re about to see a similar trend in 2025. Despite the 2024 Bitcoin Halvening in April and Bitcoin breaking $100k, sentiment is still mixed. Looking at the market today, especially on crypto X, much FUD (fear, uncertainty, doubt) is going around – that’s by design.

The Bitcoin Halving implements a reduction in the block reward given to Bitcoin miners. In 2024, mining rewards will be reduced from 6.25 BTC to 3.125 newly minted bitcoins.

This process gradually raises Bitcoin’s price floor over time – with a 50% reduction in fresh supply – which can grip price action for up to 14 months. Strap in; we’re still within the range for a BTC supply shock.

The Biggest Story of the Year

Skipping ahead a bit, the biggest story of the year has to be President-elect Donald Trump coming back from the political graveyard.

Think about it:

• They falsely persecuted him for Russian collusion (failed Steele Dossier)
• They tried to impeach him for colluding with Ukraine (calls to Zelensky)
• They went after him again and failed for taking political documents (something every president has done)
• They shot at him
• They called him Hitler 

And Trump still won. Not only that, but he is now the first pro-Bitcoin president and has the most pro-crypto congress in American history.

If Trump can create a BTC Strategic Reserve, free Silk Road creator Ross Ulbricht, and make America the crypto hub of the world, then $100k BTC will be the only beginning.

Microsoft Rejects Bitcoin Investments

And lastly, Microsoft isn’t biting. While flashy names like Tesla and MicroStrategy gamble on cryptocurrency, the tech giant stuck to its steady approach. A proposal from the National Center for Public Policy Research (NCPPR) and Michael Saylor pitched Bitcoin as an inflation hedge, but Microsoft seemed unimpressed.

With $78 billion in cash and marketable securities, the NCPPR suggested allocating 1%—a relatively small portion—to Bitcoin to explore the potential for higher returns.

It was always going to be unexpected if Microsoft bought. Low risk characterizes Microsoft, and that is why they are still here. Bitcoin could skyrocket past $200k, and Microsoft wouldn’t flinch. This company is Warren Buffett in a pillow factory. When they finally step into crypto, expect them to hold for decades.

With that said, it was never about getting Microsoft to buy Bitcoin. It’s about sending a message. In the next cycle, they might think differently once they realize their missed gains.

EXPLORE: The 18 Best New Cryptocurrencies to Invest in 2024

MicroStrategy’s Executive Chairman, Michael Saylor, is trying to convince these companies to trade billions of worthless fiat that banks keep printing for literal gold (which is scarce).

He sees at least 20 years into the future and tries bringing others along, like Microsoft. No banks will cuck this man, and no government will seize away his digital gold like they did in 1930. Nevertheless, the board remained firm, emphasizing the risks associated with Bitcoin’s infamous price instability, which makes it less suitable for long-term corporate strategies. It’s a fitting end to 2024.

This year ends with a sense of momentum—what we’ve achieved matters, but the bigger fight is still out there waiting.

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