Posted 12/8/2023, 5:01:06 AM
Bitcoin and Crypto Poised for Growth Despite Looming Halving and Regulatory Uncertainty
- Bitcoin predicted to hit new all-time high in late 2024, potentially fueled by first US spot BTC ETFs and over $2.4B in inflows
- Bitcoin halving in April/May 2024 expected to see minimal disruption but drive post-halving price rise
- Ethereum will continue leading smart contract platforms but face challenges from Solana and other chains
- Decentralization can counterbalance AI models controlled by tech giants, crypto networks will compensate data/compute contributors
- Binance to lose top exchange spot as competitors like Coinbase and OKX contend for leadership amid regulatory pressure