The following is a guest post by Peter Curk, CEO at ICONOMI.
The year 2024 has marked a turning point for digital assets, highlighted by Ethereum’s Dencun upgrade, the approval of Bitcoin exchange-traded funds (ETFs) and the implementation of the Markets for Crypto Assets (MiCA) regulation.
Bitcoin’s record high following the U.S. presidential election has driven major asset management firms into action, with Bitcoin ETFs alone attracting over $621 million in new investments.
With Bitcoin’s market cap projected to reach nearly $1.5 trillion by the last quarter of 2024 and the total crypto market cap approaching $2.5 trillion, interest in digital assets remains stronger than ever.
The crypto market cap is approaching $2.5 trillion, following Bitcoin’s all-time high. Source: CoinMarketCap
Surveys indicate that more than half of institutional investors are now engaged with digital assets, and companies across various industries are eager to enter this dynamic sector.
The decentral
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