Rabu, 25 Desember 2024

🎅BTC Santa rally; Stablecoin predictions for 2025


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Your Daily Digest of the 🔥Hottest News in Crypto

Today's top stories:

🎅 Santa rally talk returns

🧐 Stablecoin predictions for 2025

👀 Strange, but true: 2024's most outlandish crypto tales

📰 Keep reading to find out more about all of today's top stories

Bitcoin 'Santa rally' buyers step in to drive BTC price to $98K

Bitcoin bulls everywhere may be in for a green Christmas as BTC price action sees a snap rebound.

Bitcoin passed $98,000 after the Dec. 24 Wall Street open as "large spot buyers" lifted deflated BTC price action.

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting new local highs of $98,020 on Bitstamp.

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Stablecoin predictions for 2025: What's next for the $200B market?

Crypto stablecoins have seen massive successes in 2024, reaching an all-time high circulating supply of over $200 billion in December.

Stablecoins — cryptocurrencies designed to mimic the value of a currency, most popularly the US dollar — are an integral part of the crypto ecosystem and account for 5% of its market capitalization.

With 2025 fast approaching, Cointelegraph has rounded up the industry's forecasts and predictions on the key stablecoin trends to expect next year.

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Strange, but true: 5 outlandish and weird crypto stories of 2024

From failed memecoin stunts and attempted teenage rug pulls on Pump.fun to fake FBI tokens, 2024 didn't disappoint.

While 2024 will likely be remembered as crypto's coming-of-age year, with spot Bitcoin and Ether exchange-traded funds launched in the United States and the industry winning support from once-skeptical politicians, don't be fooled — the weird and wacky world of crypto hasn't gone away.

Here are some of the craziest crypto stories from 2024.