In 2024, the crypto industry saw the rise of Memecoin, the development of the AI Agent track, the leap of the prediction market, the innovation of liquid staking tokens, and the threat of quantum computing, shaping a series of memorable moments in the industry's history. Foresight News has selected 10 must-read articles of the year, let's review the extraordinary 2024 together.
《$100,000 is Just the Beginning for BTC》
Recommendation: On December 5, 2024 at 10 AM, Bitcoin officially broke through $100,000, setting a new historical high and becoming a financial giant with a market cap of nearly $2 trillion. At this historic moment, the author takes us through a brief review of Bitcoin's development, analyzes the current situation, and tells us why $100,000 is still just the beginning for BTC.
《The Long-term Significance of the US Ethereum Spot ETF Listing Outweighs the Short-term Impact》
Recommendation: On July 23, 2024, the US Ethereum spot ETF was officially listed and traded, which is another milestone in the crypto world after the approval of the Bitcoin spot ETF. This article analyzes the author's insights on the short-term impact on the buying and selling forces of Ethereum tokens, as well as the long-term impact on the crypto ecosystem, helping readers to see the essence of the event.
《The Feud of the Chinese Crypto Circle》
Recommendation: Why are the Chinese so passionate about the crypto circle? Why are 70% of the world's Bitcoins mined by the Chinese? Why do the Chinese control 50% of the global Bitcoin market and the vast majority of trading platforms? Take a look at the stories of the generations of crypto tycoons who have risen to the top and then fallen from grace in this article, and you may find the answer in your heart.
《The Post-Rate Cut Era: In-depth Analysis of the New Landscape of the Economy and the Market》
Recommendation: On September 19, 2024, the Federal Reserve announced a 50-basis-point cut in the federal funds rate target range, bringing it down to the 4.75% to 5.00% level. This was the first rate cut by the Fed in 4 years, and the news triggered a broad-based rebound in the crypto market. This article comprehensively analyzes the reasons and consequences of the rate cut, from the dynamics of the job market to the fluctuations in asset prices, allowing readers to clearly perceive how the trumpet of the crypto bull market was sounded.
《The Dramatic Shift in the Landscape After Trump's Victory》
Recommendation: In the early morning of November 6, 2024, the 78-year-old Trump defeated the Democratic candidate Harris in a landslide victory and became the 47th President of the United States. How will this "crypto president" returning to the White House change the future global social relations and the trend of financial assets? Can he bring a real regulatory breakthrough for the crypto industry? This article, written by Yang Ge, the founder of Xinghan Capital, leads us to discover the more fundamental issues arising from the global landscape changes and explore the practical significance of various Crypto policies.
《The Original Sin of Finance: The Retreat of Virtual Currencies in China》
Recommendation: The original sin of finance has never been finance itself, but the series of problems and drawbacks exposed in its development process. This article deeply analyzes the history of virtual currency regulation in China, revealing its financial original sin and regulatory logic. The Chinese virtual currency market has experienced a period of rampant expansion followed by a comprehensive ban, and now Hong Kong has taken the lead in breaking through. Can it be reborn in the future? It's worth looking forward to.
《Vitalik, 42 Days in Chiang Mai》
Recommendation: Vitalik said that Chiang Mai is Zuzalu 2.0, and here Vitalik had his first face-to-face interview with a Chinese Web3 media. In nearly 90 minutes, Vitalik talked about a lot of new Web3 applications and his thoughts on them, sharing many observations on Chinese elements.
《The Full Text of He Yi's Letter to the US Judge: What is the Real CZ Like?》
Recommendation: On the morning of April 30, local time, the former "Richest Chinese", and the former CEO of Binance, CZ, was sentenced to four months in prison by the US District Court in Seattle for failing to comply with anti-money laundering regulations. In addition to CZ's apology letter, there were 161 support letters from his family, friends and others, restoring the real CZ from different perspectives. The most special letter came from Binance co-founder He Yi, the mother of his three children. This letter reviews the complexity of the early crypto industry, discusses CZ's merits and demerits, and contains a deep consideration of the industry's responsibilities, which is worth a read.
Recommendation: Who is Satoshi Nakamoto? This puzzle that has plagued the world for more than a decade has been reignited by an HBO documentary. The film focuses on the key mysteries of cryptocurrencies, using in-depth discussions and evidence presentations to guide the audience to think about the complexity and mystery behind Bitcoin.
《Is the 2.0 Narrative of Crypto × AI the AI Agent?》
Recommendation: Since mid-October, the first AI Agent token GOAT (Truth Terminal) has emerged, and the AI Agent Meme coin has quickly become the new focus of the market, with the AI Agent track also experiencing rapid development. This article delves into the core features and underlying logic of AI Agents, which is worth a read for those who want to understand this track.
Recommended Reading:
2024 Web3 Investment and Financing Annual Report: Total Financing Exceeds $10 Billion, AI Track Accounts for One-third of Billion-dollar Financing
2024 On-chain Data Annual Summary: The Ten Key Points We Dug Out
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2024 Crypto Annual Keywords: Airdrop, Meme, AI...
Top 10 Crypto Moments of 2024: Trump's Election, Spot ETF Approval, Bitcoin Breaks $100,000
