Leading investment management firm VanEck in the first quarter of 2024 Bitcoin He believes there will be a strong inflow of over $2.4 billion into his ETFs.
The latest prediction, cryptocurrency It attracted attention ahead of the anticipated launch of the first spot Bitcoin ETFs, paving the way for a potentially transformative period in the market.
This sentiment stems from the need for ‘stablecoin’ assets that cannot be easily affected or canceled by US authorities. In the current environment, BTC’s flexibility and limited correlation with traditional financial markets position it as an attractive investment.
Despite expectations of significant volatility, analysts are confident that Bitcoin price will maintain its strong position. Analysts believe that it is unlikely that the Bitcoin price will fall below $30,000 in the first quarter of 2024.
The report predicts that the Bitcoin halving in April 2024 will proceed smoothly, followed by a possible growth in the BTC price.
Bitcoin price is predicted to reach an all-time high in late 2024, coinciding with significant global political changes and the anniversary of previous peaks. This could lead to Satoshi Nakamoto being named “Man of the Year” by Time Magazine if it reaches $100,000.
In 2024, blockchain gaming is expected to reach a major milestone with the title surpassing 1 million daily active users, led by platforms like Immutable and its high-budget games. It is estimated that Solana will be among the top 3 blockchains in terms of market value and TVL.
Koinfinans.com As we reported, a shift towards KYC-enabled DeFi applications is expected and Uniswap is leading this change. This could potentially increase institutional liquidity and token value.