2024 Crypto Twitter Recap – Key Highlights:
Gary Gensler Resigns – SEC Chair Gary Gensler announced his 2025 departure, signaling the end of a strict regulatory era. Paul Atkins, a pro-crypto figure, is set to replace him.
Trump Goes Pro-Crypto – Once a critic, Donald Trump embraced crypto, promising to end regulation hostility and make Bitcoin “Made in the USA.”
Elon Musk’s DOGE Move – Musk tweeted a meme linking Dogecoin to the new “Department of Government Efficiency,” blending memes and real policy.
Crypto & AI Hit the White House – Trump appointed David Sacks as “A.I. & Crypto Czar,” aiming to push innovation and regulatory clarity.
Saylor’s Bitcoin Stack Grows – MicroStrategy now holds 439,000 BTC (~$27.1B), solidifying its position as the largest corporate holder.
Ripple vs. SEC – Ripple Wins Big – A court slashed the SEC’s $2B fine to $125M, marking a major legal victory for Ripple and crypto.
CZ Critiques Meme Coin Craze – Binance founder CZ warned the meme coin frenzy is getting “weird,” urging a focus on real blockchain use.
Inverse Cramer Still Winning – Jim Cramer praised gold over crypto in August. By December, Bitcoin had outperformed gold 10x, fueling the “Inverse Cramer” meme.
Peter Schiff’s Bubble Talk Returns – Schiff declared Bitcoin a bigger bubble than dot-com stocks. Crypto Twitter responded with sarcasm, as Bitcoin hit new highs.