View moreBlockStreet 72: Crypto Capsule — 2024 in Review
In This Week’s Recap:
- 2024 in Review
- DLT Adoption soars
- Banner Year For Crypto
- BankSocial Corner
- Hot Topics
The Big Idea
2024 In Review
2024 was a landmark year for crypto, solidifying its place at the heart of mainstream finance. From January’s Bitcoin ETF approval to December’s historic surge past $100k, the year was powered by regulatory clarity and institutional momentum. The EU’s MiCA framework set a global standard, while the U.S. welcomed its most crypto-friendly Congress yet, signaling a new era for digital assets. Wall Street’s embrace — led by firms like BlackRock and Fidelity — cemented crypto as a legitimate asset class, no longer seen as speculative but as an integral part of the financial landscape.
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Adoption News
DLT Adoption Soars
2024 saw an explosive rise in enterprise Distributed Ledger Technology (DLT) adoption, with businesses across various industries embracing DLT to enhance operations and drive efficiency. Major banks, logistics companies, and healthcare providers led the charge, integrating blockchain for real-world transactions, improving transparency, and streamlining supply chains. Beyond finance, businesses in sectors like energy, retail, and manufacturing partnered with blockchain innovators to unlock new capabilities, from decentralized finance (DeFi) solutions to secure data sharing. This growing trend proves that DLT is no longer just a buzzword — it’s becoming essential infrastructure for companies looking to stay competitive in the digital age.
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Crypto News
Crypto Booms in 2024
Bitcoin’s surge past $100k in December capped an incredible year, but crypto’s real progress is seen in how it’s being integrated into everyday life. Crypto companies are delivering real-world solutions — from decentralized finance to blockchain-backed supply chain tools — reaching more people than ever before. What’s even more fascinating is how many users across the globe have interacted with crypto and decentralized tech, often without even realizing it, through apps, payment systems, and tokenized services. The technology is quickly becoming a part of daily life.
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BankSocial Corner
Letter From Team BankSocial
To our amazing community — 2024 has been an incredible year! The BankSocial team and community have grown immensely, and your support has been crucial to our success. This year, we’ve launched exciting products like BSL Staking and have continued to push the boundaries of what’s possible in the DeFi space. Looking ahead to 2025, we’re more committed than ever to trailblazing open banking and bringing you more first-ever events with the BSL DAO. We can’t wait to collaborate with our business partners and the DAO to make the year ahead evolutionary and amazing.
Warm wishes for a joyous holiday season. May Christmas bring you moments of peace, love, and connection.
All the love and all the power,
The BankSocial Team
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While anyone can access the BankSocial ecosystem, certain features including the exchange require Verifiied®- our simple KYC solution. Login to My.BankSocial.io and start the process now.
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Hot Topics
What’s on everyone’s mind?
According to Coindesk, APAC crypto adoption is driven by a desire to seek systematic change and financial independence. APAC stands for Asia-Pacific, a geographic region that includes parts of East Asia, South Asia, Southeast Asia, and Oceania.
While Crypto adoption is spreading rapidly, reports indicate that less than 10% of the global population have yet to own any crypto.
According to Cointelegraph, 31% of all known BTC holdings are int he possession of governments, ETF’s, and Microstrategy, up more than double from last year.
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All The Love and All The Power!
was originally published in BankSocial News on Medium, where people are continuing the conversation by highlighting and responding to this story.
