The year 2024 has been a period of major milestones in technology and cryptocurrencies, marking a turning point in several key areas. Below, I explore four news events that defined the landscape of the past year.
1. Donald Trump’s Victory and Its Impact on the Crypto Market
In November 2024, Donald Trump returned to the presidency of the United States, generating a wave of optimism in financial markets, particularly in the cryptocurrency and technology sectors. His victory brought promises of economic deregulation and a pro-innovation approach that revitalized interest in digital assets.
Analysts point out that expectations of more favorable fiscal policies, coupled with a rollback in regulatory restrictions, fueled significant growth in Bitcoin and other cryptocurrencies like XRP and XLM. Additionally, tech companies experienced an increase in valuations due to the perception of a more investment-friendly environment for emerging technologies such as blockchain and Web3.
2. Google’s Quantum Chip Willow
In December 2024, Google unveiled its quantum chip “Willow,” a breakthrough that promises to redefine modern computing. This chip represents a significant step toward the real-world applicability of quantum computing, with the potential to solve complex problems ranging from logistics optimization to improving machine learning algorithms.
In the context of cryptocurrencies, Willow presents both opportunities and challenges. While the ability to break current cryptographic algorithms is concerning, it also paves the way for new security solutions based on post-quantum cryptography. Although its general applicability is still years away, Willow symbolizes a technological future full of possibilities.
3. Bitcoin Breaks the $100,000 Barrier
The year 2024 also made history as the year Bitcoin surpassed $100,000 for the first time. This milestone was achieved due to several factors, including the approval of Bitcoin ETFs in the United States, increased institutional adoption, and a favorable macroeconomic outlook following Trump’s victory in the U.S. presidential election in November.
The psychological threshold of $100,000 sparked renewed confidence in the crypto market. Many experts believe this is just the beginning, projecting that Bitcoin could reach new highs in 2025, depending on factors such as global adoption, the growth of Web3 applications, and the establishment of clearer regulations.
4. Advances in Generative Artificial Intelligence
Generative artificial intelligence also made great strides in 2024, with the arrival of new versions of advanced models such as GPT-5 and Bard-X. These tools have transformed entire industries, from content creation to programming and design.
One of the most notable applications has been the integration of generative AI into business solutions. Tools like automated code assistants and interface designers have significantly reduced software development times. Additionally, generative AI is playing a crucial role in scientific research, accelerating the discovery of new materials and medical solutions.
Despite its benefits, ethical and regulatory concerns have also emerged, particularly regarding labor impact and misinformation generated by these tools. However, the general consensus is that generative AI will remain a key driving force in the coming years and a precursor to a new level of general artificial intelligence.
In conclusion, the year 2024 has been a defining one for technology and cryptocurrencies. From historic achievements in the crypto market to technological advancements like quantum computing and generative artificial intelligence, each of these events has left a profound mark on their respective industries. Undoubtedly, these milestones are just the beginning of what promises to be a new era of innovation and technological disruption, set to be realized in 2025 and especially after 2030.