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Bitcoin had its best quarter ever in the last three months of 2024, research firm Messari said in a March 3 report . Bitcoin had record-breaking growth in key areas, including price, total-value locked (TVL) and institutional adoption. Bitcoin ended 2024 at $93,400, a 48% increase quarter-over-quarter (QoQ) and 121% year-over-year (YoY). The cryptocurrency’s price rally was influenced by post-presidential election sentiment, increasing institutional adoption, and aggressive BTC acquisitions by Strategy, formerly known as MicroStrategy. Strategy purchased approximately 280,000 BTC in 2024 alone, bringing its total BTC holdings to 471,107 BTC. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
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Ethereum Whale Transfers 6022 ETH Worth $12.34 Million to Foundation Address Amidst Staking Activity
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Grayscale’s HBAR ETF Filing Suggests Potential for Broader Altcoin Acceptance in Future Index ETFs
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Bitcoin: The Only Digital Asset Fit for a U.S. Reserve?
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