I’m super grateful to everyone who has interacted with my posts this year, every single interaction have contributed to helping me grow and get closer to my moment, every interaction fueled my passion and desire to keep going, negative responses helped me to re-access my self for correction and improvement, as positive responses fanned my flame, I’m thankful everyone.

January, February, March

Let’s have a general crypto recap in this post. January, February and March was a lull, markets were in the trenches, the price of Bitcoin was struggling to stay above $20k, April and May, while slow, BTC recovered to $31k, I remember in February, Balajis said the price of Bitcoin will be $1m by May and put a bet on it, I remember how it woke the entire place up and everyone couldn’t wait for the month of May to arrive.

April, May June

May arrived but the price of Bitcoin didn’t go to $1m, Balajis lost the bet and we never heard anything about it again, but something else happened, a meme coin mooned and sent shockwaves through the financial space, Pepe memecoin on Bitcoin blockchain mooned to a marketcap of $1B from zero in the space of 3 days, it was indeed a shocker.

Then proper action started in June when the SEC went hard with regulatory clamp down, pressing the necks of exchange giants like Binance and Coinbase, but Binance didn’t give in and took the matter to court, Coinbase did the same leading to several blows from the Judges, calling the SEC out for lack of regulatory clarity and exposing their inefficiencies.

This back and forth of regulatory tussle lasted for more than 3 months, leading to heavy market manipulation during that time, it was super annoying, the SEC announces to go to court, prices go down, the SEC looses case in court, prices go up,it was a roller coaster. Then another shocker happened, Ripple won its lawsuit against the SEC as federal judges declared XRP as non security according to the securities law, this sent ripples down crypto and XrP gained 70% in a day.

As if that was not enough, BlackRock, a trillion dollar asset management firm applied for a BTC ETF. This sent another wave of shock through the financial space as it showed tradFi interest in Bitcoin further legitimizing crypto assets, not long after, Fidelity, another trillion dollar asset management firm filled for BTC ETF followed by others, the SEC had their hands full all through the month of July till September.

October November December

Markets took an aggressive turn in October, we didn’t get a summer run but we did get those green candles in the following months, looking at the charts now, the price of Bitcoin is about $20k away from its last all time high of $60k, still looking at this same charts and zooming out, the entire year has been on an uptrend, especially October, November and December.

What made those months perform like that? BTC ETF applications signifying tradFi interest in Bitcoin? Or BTC ETF applications signifying big players and trillions of dollars worth buy power for Bitcoin? Alarming inflation of the dollar and other local national currencies? Or just fomo or combination of all. Or SECs cluelessnes. Certainly something is drawing this interest. Or The Halving which is scheduled for around April!

Personally I think this coming bull run will make other bull runs feel like child’s play, there’s so much at play. Many are saying 2024 is the year, they may be wrong, they may be right, but these occurrences have never happened like this before, the convergence and significance of these things happening together is nothing like we’ve ever seen before in Bitcoins 11 years of evolution.

So what’s next?

I think January will take off from where December stopped. Discussions about BTC ETF approvals will intensify, discussions about Bitcoin halving will also be intensified, the SEC will be forced to do something and it won’t be in their favor, they will open the floodgates to TradFi and there will be so much speculation than there is now.

Everyone’s grandmas cats will hear about Bitcoin, Bitcoin will be in almost every AD possible, yes now, Tradfi will bring not just money but tradfi steez to the table, the steez that makes them trillion dollar asset holding management companies. The price of Bitcoin will easily crawl back to its all time highs at $60k, crypto marketcap will pump again,…

On the Hive side of things, Leofinance did a major facelift, revamped Ui/UX, revamped value and business prop, became an all inclusive platform for everyone, with the idea to mirror Twitter but on Web3. It’s growing a traceable active community and economy.

On Splinterlands, fresh life has sprung up within that space since Rebellion and Lands went live, the price of DEC has been performing as predicted, same with SPS which seems to be on an uptrend in the past weeks, with a web3 game like Splinterlands, the future of NFT gaming remains expansive and hopeful, this is just few of the good things happening on Hive as we speak. A whole year passed and Hive is still the most unique, decentralized, social protocol layer for the decentralized world, that’s a flex.

The world of DEX’s didn’t have any breathing space either, Thorchain held it down pretty hard and kept delivering features that make centralized exchanges go obsolete, the price of RUNE had an interesting run from what it was at the beginning of the year to what it is now, one of the best performing crypto assets that isn’t a meme.

I’m looking forward to the innovative ventures we are going to be exploring in 2024! If there’s a slight chance that everything we’ve been talking about comes to be, even in the slightest, it’s going to be so cool. I look forward to the new adventures we will embark upon, I look forward to exploring other new dimensions of growth and establishment.

May your new year be fruitful and May you discover God and yourself. Thank you again.

Posted Using InLeo Alpha