As we wrap up 2024, the world of crypto has seen some major shifts. From political changes to new rules and tech advances, this year has set the stage for what could be a new chapter in digital money. Let's break down what happened and what it means for people involved in crypto.

Trump's Win and Crypto's Boost

Donald Trump winning the election has made crypto fans pretty excited. Why? Because Trump says he wants to make the U.S. a "crypto capital" and even create a bitcoin reserve. This has already had some big effects. Bitcoin hit over $100K again in December. Other cryptocurrencies, especially those linked to Trump's friends (like Dogecoin), saw big gains. Wall Street seems happy about Trump's win, which shows in how people are betting and investing. For traders, this could mean a friendlier environment for crypto. More big companies and banks are slow getting involved, which is making the market flourish. It might be a good time to think about buying more crypto, but you should still be careful and not risk too much.

Europe Gets Strict

The E.U. put new, tough rules in place for cryptocurrencies, especially for stablecoins. This has made things tricky for big stablecoin companies like Tether and USD Coin. If you're trading in Europe, you need to be extra careful with stablecoins now.

America Takes a Different Path

The U.S. banned the idea of a government-made digital dollar and passed a new law called FIT21. This law makes it clearer who's in charge of different types of crypto. The CFTC will watch over decentralized coins like Bitcoin and Ethereum (and don't forget Solana), while the SEC will handles centralized coins, like those company-made coins tokens. This could make it easier for crypto businesses to operate in the U.S. and might encourage more investment.

A.I. Joins the Fight Against Crypto Crime

In 2024, we saw AI getting better at spotting crypto crimes before they happen. A company called Hexagate, which was bought by a bigger firm, created A.I. that can catch almost all hacks before they occur. For people trading crypto, this means:

• There are new tools to help assess risks.

• It's easier to spot weird trading patterns.

• You can protect your digital money better.

What's Next? 

As we head into 2025, the crypto market looks promising, especially for DeFi and stablecoins. But there are still risks to watch out for, so mix up your investments with different types of tokens. Keep an eye on new rules, especially in Europe and the U.S. Become proficient and use A.I. tools to help manage risks and stay secure. Meme are ultimately worthless so focus on projects that have utility, good technology, and solid plans. Lastly, don't get too excited by good news, always think about the risks too. The coming year will be big for crypto, with chances for growth and new ideas. But in this fast-changing market, staying alert and ready to adapt is key to doing well. And always remember, FOMO is a M🤬R.

CHEERS!!! See You Next Year