In 2024, the cryptocurrency industry experienced a significant revival, driven by Bitcoin's surge to over $100,000 by December, which helped restore investor confidence. Despite this bull run, challenges remained prominent, including Germany's costly decision to sell 50,000 BTC for about 2.6 billion euros, which later would have been worth over $5 billion. There was minimal growth in Bitcoin ATM installations due to regulatory crackdowns, and the introduction of Bitcoin Runes, a new protocol, initially thrived but then saw a decline. Global regulatory measures prompted the closure of several crypto services, with major exchanges like Binance facing legal issues and tax disputes. Nevertheless, Binance retained investor trust, solidifying its position in the market. The events of 2024 demonstrated the industry's resilience and pivotal lessons regarding strategic decision-making and regulatory adaptation as global acceptance of cryptocurrencies grows.

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