Even before 2024 began, it had been dubbed the year of Bitcoin. The industry was on the brink of having a spot Bitcoin ETF approved, the price of the token was on the rise, and we were only months away from a halving. All these factors combined made.
The heightened activity among large investors suggests growing confidence in the value of Bitcoin, particularly as the halving event approaches. Additionally, historical trends indicate that Bitcoin often sees gains during the Chinese New Year period, coinciding with the S&P 500 reaching historic highs.
The Ethereum community successfully executed the testnet launch of the Dencun upgrade on the Holesky network, marking the final hurdle before its anticipated mainnet deployment next month.
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