|
Edited by Niti998 at 21-12-2023 11:28 AM
The Bitwise research team has released 10 predictions for the cryptocurrency market in 2024.
Bitwise research analyst Ryan Rasmussen posted on social media that the team has released 10 predictions for the cryptocurrency market in 2024.
Prediction #1: Bitcoin's trading price will surpass $80,000, setting a new all-time high.
Prediction #2: Spot Bitcoin ETFs will be approved and, overall, become the most successful ETFs in history.
Prediction #3: Coinbase's revenue will double, exceeding Wall Street expectations by at least 10 times.
Prediction #4: Funds settled with stablecoins will outnumber funds settled using Visa.
Prediction #5: As Wall Street prepares to tokenize real-world assets, JPMorgan will tokenize a fund and launch it on the blockchain.
Prediction #6: With users flocking to crypto applications, Ethereum's revenue will more than double, reaching $5 billion.
Prediction #7: Taylor Swift will launch NFTs to connect with fans.
Prediction #8: AI assistants will start using cryptocurrencies for online payments, confirming that cryptocurrencies are the ""native currency of the internet.""
Prediction #9: The prediction market will attract over $100 million, becoming the new ""killer app"" for cryptocurrencies.
Prediction #10: Ethereum's significant upgrade will reduce the average transaction cost to less than $0.01. Bonus Prediction: By the end of 2024, 1 in 4 financial advisors will allocate cryptocurrencies in client accounts. |
|