TechFlow news, the Bitwise team has released 10 predictions for the crypto market in 2024.
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Prediction 1: Bitcoin will trade above $80,000, reaching an all-time high.
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Prediction 2: Spot Bitcoin ETFs will be approved, marking the most successful ETF launch in history.
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Prediction 3: Coinbase’s revenue will double, exceeding Wall Street’s expectations by at least 10x.
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Prediction 4: More funds will be settled using stablecoins than via Visa.
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Prediction 5: JPMorgan will tokenize a fund and launch it on-chain, as Wall Street prepares to tokenize real-world assets.
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Prediction 6: Ethereum’s revenue will more than double to $500 million as users flock to crypto applications.
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Prediction 7: Taylor Swift will launch NFTs, connecting with fans in new ways.
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Prediction 8: AI assistants will use cryptocurrency for online payments, confirming crypto as the “native currency of the internet.”
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Prediction 9: Over $10 billion will flow into prediction markets, as they become crypto’s new “killer application.”
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Prediction 10: A major upgrade to the Ethereum blockchain will drive average transaction costs below $0.01, paving the way for broader mainstream adoption.
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Bonus Prediction: By year-end, one-quarter of financial advisors will allocate crypto to their clients’ portfolios.
