Bitcoin reached over 100,000 USD in 2024, revitalizing the crypto market and investor confidence. Germany’s misjudged sale of 50,000 BTC led to a loss, as prices soared afterward. Meanwhile, Bhutan and El Salvador benefited from holding their Bitcoin reserves, noting significant unrealized profits.
Global Bitcoin ATM installations stalled due to regulatory pressures. However, Australia saw a rise in installations, doubling its machines in 2024. The global ATM count remained stable at around 38,600 by year-end. Clearer regulations may boost the adoption and promote crypto accessibility in the future.
Legislative actions forced exchange closures in regions like China and Hong Kong. Notable legal issues included Binance executives facing scrutiny, affecting operations. Despite these challenges, the industry displayed resilience, with clearer global regulations expected to aid future growth and stability.