As 2024 unfolds, the crypto scene is ditching its usual end-of-year rally for two major events poised to shake things up big time. The first is the introduction of the first spot Bitcoin ETF in the US market, a development eagerly awaited by institutional investors. The new Bitcoin-backed ETF is set to reduce the usual ups and downs tied to crypto, offering a more stable option for investors. Its approval, potentially in early January, could attract substantial investment, potentially up to $25 billion. The anticipated wave of investment following early January’s approval could ignite a robust and enduring market rally, setting it apart from the ephemeral gains typically seen during end-of-year rallies and charting a new course for cryptocurrency narratives.
The second major event is the Bitcoin halving scheduled for April 2024. By halving the miners’ rewards, Bitcoin’s incoming supply gets a trim, making it rarer and potentially more valuable. Looking back, every time Bitcoin’s reward
We współpracy z: https://cryptodaily.co.uk/2023/12/5-rising-stars-in-the-crypto-world
