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Your day-ahead look for Dec. 16, 2024

The FCA's paper also asks for industry input on its incoming markets admission and disclosures as well as market abuse regime.

Bitcoin's price has risen over 28,000% over the past decade. Here's how to invest in Bitcoin for the next decade and beyond.

Bitcoin is back in the headlines today, having vaulted above $105,000 for the first time on record, after a nod from U.S. President-elect Donald Trump to make crypto great again. In an interview on Thursday with CNBC's Jim Cramer, Trump suggested he could go ahead with plans to create a strategic bitcoin reserve, much like the country's strategic oil reserve. "We're gonna do something great with crypto because we don't want China or anybody else - not just China but others are embracing it - and we want to be the head," Trump said.

There's no denying that Bitcoin (CRYPTO: BTC) is having a magnificent year in 2024. One key factor behind this year's rally was the launch of the new spot Bitcoin exchange-traded funds (ETFs) in January. The largest spot Bitcoin ETF, the iShares Bitcoin Trust (NASDAQ: IBIT), now has $53 billion in assets under management.

This year has been nothing short of monumental for the cryptocurrency industry. Bitcoin began the year hovering around $40,000, only to surge past $100,000 in December. The industry shook off the lingering shadows of a prolonged crypto winter, celebrated the landmark approval of a Bitcoin ETF, and found itself increasingly entrenched in the political conversation. In many ways, 2024 marked a turning point, solidifying crypto’s role as a key player in both financial markets and public discourse.

Bitcoin climbed as high as $107,000 on Monday as the Trump trade soared to new heights.