2024 has been a remarkable year for both Bitcoin and RockItCoin. From major industry milestones to our own significant achievements, it’s been a year of growth and progress. Bitcoin reached new heights, and RockItCoin worked hard to bring crypto to more people than ever before. These advancements reflect the growing importance of Bitcoin and the role we play in its adoption. As the year ends, we’re excited to reflect on some of the most memorable moments and milestones.
Cryptocurrency Value Growth in 2024
This year was phenomenal for the cryptocurrencies RockItCoin offers at our ATMs. Each coin experienced notable growth. Below is a table showing the price appreciation of these cryptocurrencies from January 1, 2024, to December 19, 2024.
The table shows how cryptocurrencies offered at RockItCoin ATMs performed over the year, reflecting their increasing popularity and adoption. Whether you’re buying Bitcoin, Ethereum, or other digital assets, RockItCoin’s ATMs make transactions quick and simple.
As we look back on 2024, these trends set the stage for some of the biggest stories and achievements in both the crypto world and at RockItCoin. Let’s look at what stories shook up the crypto world and how RockItCoin “rocked it” in 2024!
Spot Bitcoin ETFs Approved in the U.S.
The SEC made history this year by approving spot Bitcoin ETFs in the United States. This was a major breakthrough for the cryptocurrency industry. Unlike futures-based ETFs, spot ETFs directly hold Bitcoin, offering a simpler and more transparent way to invest. For many traditional and institutional investors, this opened the door to Bitcoin as a mainstream asset. The approval signaled growing trust in Bitcoin and helped bring in a wave of new institutional and retail investors.
While Bitcoin ETFs have done great work in raising awareness of Bitcoin, there is still one important thing they lack; custody of crypto. We encourage you to learn about the importance of self-custody in cryptocurrency and put it into practice with the RockItCoin app.
The 2024 Bitcoin Halving
April brought us one of the most talked-about events in crypto: the 2024 Bitcoin halving. This event cut mining rewards in half, reducing them from 6.25 BTC to 3.125 BTC per block. Halvings are built into Bitcoin’s code and happen roughly every four years. They’re designed to limit Bitcoin’s supply and reinforce its scarcity, which often impacts its value. Historically, halvings have been followed by price increases, and this year was no exception. Bitcoin’s new highs later in the year proved the halving’s lasting impact.
RockItCoin Achieves 2,500 Bitcoin ATMs
This year, RockItCoin hit an important milestone: we now have over 2,500 Bitcoin ATMs nationwide! Our Bitcoin ATMs make buying and selling Bitcoin faster and easier for customers in areas across the country. We’re proud to be part of bringing Bitcoin closer to home for so many people. This achievement reflects both the growing demand for crypto and the trust customers place in us. It’s a big step forward, and we’re excited to continue growing in the year ahead.
Spot Bitcoin ETFs Hold 1M+ BTC
The approval of spot Bitcoin ETFs wasn’t just big news—it also led to incredible results. By the end of the year, these ETFs held over 1 million BTC. That’s a huge amount of Bitcoin being managed! It shows how much institutional investors are embracing Bitcoin as a long-term asset. This milestone is a sign of Bitcoin’s increasing integration into the financial system and its recognition as a valuable part of the global economy.
RockItCoin Launches in Australia
2024 was a big year for expansion at RockItCoin. We took our first step into the global market by launching operations in Australia. With growing interest in crypto, Australia was the perfect place to bring our trusted services. This expansion introduced RockItCoin’s easy and secure Bitcoin ATMs and mobile app to a whole new audience. It’s exciting to see how our mission of making Bitcoin accessible is resonating in markets beyond the U.S. We’re thrilled to continue building our presence there and exploring new opportunities worldwide!
RockItCoin Debuts New Website
Our new website launch was another highlight of the year. Designed with our customers in mind, the site features improved navigation and a fresh, modern design. Whether you’re looking for a Bitcoin ATM, learning about crypto on our blog, or buying Bitcoin online, our updated site makes it easier than ever.
Bitcoin Continues to Hit New All-Time Highs
Bitcoin shattered records in 2024, reaching an all-time high of $108,268 in December. For crypto enthusiasts, this performance reaffirmed Bitcoin’s strength as a store of value. And for newcomers, it highlighted the excitement that comes in the cryptocurrency space. The record-breaking year reminded us all why Bitcoin remains the cornerstone of the crypto industry.
Wrapping it Up
Looking back on 2024, it’s clear that this has been a year of progress for Bitcoin and RockItCoin. From key industry milestones like spot ETFs and the halving to our own achievements like expanding to Australia and reaching 2,500 ATMs, there’s much to celebrate. We’re grateful for the trust our customers place in us and excited about the future. As we look to 2025, we’re ready to keep growing, innovating, and helping even more people explore the possibilities of Bitcoin.
