Unmissable: The 12 Biggest Crypto News Moments You Need to Know in 2024!

As the countdown to 2025 begins, excitement bubbles over like a shaken soda can, and the world is ready to celebrate with fireworks and unforgettable parties. Here at U.Today, let’s take a thrilling ride down memory lane and explore the monumental cryptocurrency stories that shaped the wild year of 2024.

12. Farewell to Kabosu, the Legendary Doge (May)

Kabosu, the beloved Shiba Inu who became the face of the iconic Doge meme, sadly passed away in May at the age of 18. Her irresistible charm not only popularized this Japanese breed but catapulted Dogecoin into the crypto hall of fame, now valued at an astounding $47 billion.

In 2024, the Doge meme rode a wave of nostalgia and skyrocketed by more than 250%. Talk about leaving a legacy!

11. Ripple’s Bold Leap with RLUSD Stablecoin (December)

Amid a fierce legal showdown with the U.S. Securities and Exchange Commission (SEC), San Francisco’s own Ripple made a daring move by launching the RLUSD stablecoin. This ambitious project aims to carve out its niche alongside big names like Tether (USDT) and Circle’s USDC, all while boasting a commitment to regulatory compliance. Will it be a game-changer?

10. Celebrity Meme Coin Fever (May)

Iggy Azalea, once the queen of summer hits, made a sensational comeback by launching a Solana-based meme coin that astonishingly peaked at a $250 million market cap. While her mainstream career had dimmed, her foray into the crypto world ignited a trend among other D-list celebrities eager to cash in on the meme coin craze.

9. Germany’s Bitcoin Selling Spree (July)

Saxony stirred up quite a frenzy among Bitcoin enthusiasts after liquidating a whopping 50,000 BTC seized from a defunct movie piracy site. This unexpected move left Bitcoiners cheering as the crypto surged later in 2024.

8. HBO’s Satoshi Documentary: A Letdown (September)

The crypto community anticipated big revelations in HBO’s much-hyped Satoshi documentary, only to be met with disappointment. Instead of groundbreaking insights, it regurgitated old narratives falsely pinning the creation of Bitcoin on Canadian developer Peter Todd. What a letdown!

7. The Bitcoin Halving: A Special Event (April)

quadrennial halving, reducing the block reward to 3.125 BTC. This event raised eyebrows about the sustainability of Bitcoin mining, but it also sparked optimism as Bitcoin historically tends to rally post-halving.

6. Mt. Gox Repayments Begin (July)

The long-awaited Mt. Gox saga reached a turning point in July as repayments finally commenced after nearly a decade of uncertainty. Despite initial fears of a market crash, creditors showed restraint, and the crypto market stabilized.

5. FTX and Binance CEOs: A Fall from Grace (March)

The cryptocurrency world was rocked by the falls of two giants, with former FTX CEO Sam Bankman-Fried sentenced to 25 years in prison and Binance’s CZ serving four months at a low-security institution in California. The dramatic twists kept everyone on the edge of their seats.

4. MicroStrategy’s Market Cap Hits a Stunning $100 Billion (November)

MicroStrategy reached new heights with its market cap soaring by 500% in 2024, surpassing previous records from the dot-com bubble. Co-founder Michael Saylor transformed into an investment rockstar, amassing millions of followers as the firm flirted with becoming a Nasdaq 100 member.

3. Gary Gensler’s Resignation Causes a Stir (November)

When SEC Chairman Gary Gensler announced his resignation, celebration erupted across the crypto landscape. His departure raised hopes for a more supportive regulatory environment as the industry looked ahead to brighter days.

2. Bitcoin Breaks the $100,000 Barrier (December)

On December 5, Bitcoin finally crossed into a six-digit price point, a momentous achievement for the flagship cryptocurrency. Despite some initial disappointment, this milestone marked a significant resilience in the market, especially following the Fed’s first interest rate cut in years and positive regulatory vibes emerging from the U.S.

1. The Historic Launch of Bitcoin ETFs (January)

The launch of Bitcoin ETFs sent shockwaves through the crypto community, fueling a bullish narrative that dominated 2024. With unparalleled inflows and BlackRock’s iShares Bitcoin Trust ETF breaking records, this new investment vehicle is changing the game—drawing predictions of even larger inflows in 2025.

Happy New Year! U.Today wishes you a prosperous and exhilarating 2025 filled with crypto adventures!