Avenger Call – 30 Dec 24 – End of Year Review
07:25: SEC launched Bitcoin ETFs on January 11th, with initial market confusion after a fake approval tweet.
10:53: Bitcoin ETFs expanded from 600,000 to over 1 million Bitcoin during 2024.
13:22: Bitcoin price climbed from $42,000 to $64,000 in February, showing significant market momentum.
15:26: Bitcoin breached its all-time high of $73,740 on March 14th.
16:44: Sam Bankman-Fried sentenced to 25 years in prison for cryptocurrency fraud.
18:19: Changpeng Zhao (CZ) sent to prison for four months in 2024.
19:08: Bitcoin halving occurred on April 20th, marking end of four-year crypto cycle.
21:47: Donald Trump embraced pro-crypto stance during 2024 election, potentially targeting young right-leaning crypto demographic.
24:37: Solana became primary network for meme coin creation, with thousands of meme coins emerging daily.
31:32: Ethereum ETF launch performed poorly compared to Bitcoin ETFs, with low institutional interest.
33:46: First interest rate cut in years occurred in September, potentially boosting market sentiment.
36:09: Trump’s election victory triggered 60% Bitcoin price surge, reaching nearly $40,000 with minimal pullback.
37:08: XRP resolved SEC lawsuit, price surging from $0.57 to $3.06 post-election.
39:18: Bitcoin broke $100,000 milestone in December, reaching $108,000 before experiencing pullback.
41:49: 2025 expected to enter crypto’s parabolic phase with potential significant growth in altcoins.
43:20: Key 2025 market factors include potential Trump policies, cryptocurrency regulation, and economic indicators.
45:10: Crypto market cycle expected to bring major gains and volatility in 2025; investors advised on strategic exit planning.
47:10: Bitcoin price prediction ranges between $150-200K, with potential Ethereum and altcoin growth.
49:56: Investor consensus suggests crypto market peak likely in late Q3 or early Q4 of 2025.
59:54: US national debt surge highlights Bitcoin’s alternative investment potential; team anticipates monetary opportunities in 2025.
01:01:08: Team to discuss exit strategies next year