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All in all (and Black Swan events aside), 2024 is shaping up to be more of the same for crypto asset prices. My base case scenario is that the market will bottom out and begin recovering more ...
The S&P 500 gained 23% in 2024, nearly matching the 24% rally last year. Analysts are expecting the bull run to continue next year, though at a slower pace. Stocks slip but cap off 2024 with a 2nd ...
It's interesting to take into account what happened with Litecoin during the previous crypto bull market rally back in 2020-2021. In October 2020, Litecoin was trading at around $50 and wasn't ...
In January 2024, the first 11 US spot bitcoin ETFs began trading, offering direct exposure to bitcoin for the first time on American stock exchanges. [ 55 ] [ 56 ] In December 2024, bitcoin price reached $100,000 for the first time, as US president-elect Donald Trump promised to make the US the "crypto capital of the planet" and to stockpile ...
TerraUSD and Luna, two stablecoins run by Terra, lose their pegs to the US Dollar and collapse, with the former being worth $0.10 and the latter nearly nothing. [51] 12 June Celsius Network, a crypto exchange, announces the halt of all withdrawals and transfers. [52] Bitcoin falls 15% the following day to nearly $22,500, while Ethereum falls to ...
It now has a market cap of $15 billion, and is up 62% for the year. Long-time crypto investors will remember Chainlink from the previous crypto bull market of 2020-2021, when Chainlink soared ...
This year is approaching an end, but investors shouldn't ignore some fairly priced stocks before the calendar flips to 2025. Often, fund managers reposition their portfolios in December, which can ...
In 2024, however, the new Ethereum challenger making waves is Sui (CRYPTO: SUI), which is up 137% for the year. There are several factors responsible for Sui's meteoric rise.