Events That Shaped the Crypto Market in 2024
The post Events That Shaped the Crypto Market in 2024 appeared on BitcoinEthereumNews.com.
Last year was a year of major changes in the crypto market. There were many events that took center stage, such as new laws and new trends. Everyone was watching, as Bitcoin’s price was moving up and down. So, what were the moments that left a mark? Read on to find out more about each impactful moment. BTC ETFs Approval The approval of Bitcoin ETFs changed the crypto market. Big financial firms like BlackRock and Fidelity led this change. These ETFs allowed people to invest in Bitcoin without owning it directly, which made crypto investing easier. Bitcoin’s price jumped by 15% shortly after BlackRock’s ETF approval – this shows how much influence these financial products had on the market. Institutional investors doubled their activity compared to past years. Retail investors also enjoyed benefits, as ETFs provided more legitimacy and less risk to Bitcoin investments. Growing Interest in Bitcoin Casino Gaming The wider crypto acceptance also impacted many other industries. For instance, more online casinos began to accept BTC and other cryptocurrencies. This changed casino gaming, as cryptocurrencies offer many benefits, like faster transactions and increased privacy. Players found it easier to deposit and withdraw funds from Ignition Crypto Poker without going through banks or paying high fees. The number of crypto-friendly casinos grew rapidly. Some Bitcoin casinos give special bonuses for using digital currency. These promotions can include free spins or real money, so it becomes more profitable to choose this type of casino over others. Some online crypto casinos may provide bonuses of up to 1 BTC, which is a big advantage for players who use Bitcoin. Bitcoin Halving Every four years happen Bitcoin Halving, because miners started to receive half of the rewards for mining a block on April 12. This event slashed the reward from 6.25 to…
Filed under: News - @ February 26, 2025 2:26 pm