Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • Nice giants and fast collapses: herb animals in Tanzania
    • 3 days in Santorini – the best things to see and do
    • Children’s animals in Tanzania: A video article from Tarangy, Nugurongoro, and Serinjiti
    • This professional traveler reveals how to tour the world without any remorse
    • Spring of 2025 external equipment and new books guide
    • The 18 best beaches in the world
    • River mares in Tanzania: Heavy weights in Africa
    • How to decide which one chooses
    Facebook X (Twitter) Instagram
    ZEMS BLOG
    • Home
    • Sports
    • Reel
    • Worklife
    • Travel
    • Future
    • Culture
    • Politics
    • Weather
    • Financial Market
    • Crypto
    ZEMS BLOG
    Home » Top Cryptocurrency Predictions for 2024 ⋆ ZyCrypto
    Crypto

    Top Cryptocurrency Predictions for 2024 ⋆ ZyCrypto

    ZEMS BLOGBy ZEMS BLOGJanuary 1, 2024No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The most important cryptocurrency predictions for 2024

    As the Bitcoin halving approaches and people anticipate SEC approval for spot Bitcoin ETF applications, many expect Bitcoin to cross the coveted $100K mark.

    But what about the rest of the market? Here are the most important cryptocurrency predictions for 2024.

    DeFi will catch its second wind in 2024

    2024 could be the year that DeFi makes a comeback although its performance saw a slow burn at the beginning of 2023.

    This optimism comes from the performance of several DeFi projects that are slowly gaining momentum.

    For example, optimism saw a 321% year-over-year increase, most of which occurred in December 2023.

    “We see 2024 as the year where DeFi projects drive legitimate traction for DeFi and establish the beginning of long-term mainstream adoption.”Julian Deschler, CEO of Web 3 Protocol Elusive, told CoinTelegraph.

    Binance will not be the leading exchange in 2024

    “Binance will lose the top spot in spot trading to competitors like OKX, Bybit, Coinbase and Bitget,” the official channel of investment firm VanEck tweeted.

    While the collapse of FTX allowed Binance to consolidate its size in the cryptocurrency market, the leading cryptocurrency exchange is now in a fragile position with the departure of Changpeng Zhao.

    However, as reported by Bloomberg, Binance's trading volume has been declining since September 2023. Furthermore, OxScope recently reported that Binance's share of the spot trading market has declined by 40%.

    US banks will give a chance to token payments

    With institutions like JPMorgan rolling out token payments on enterprise apps, many cryptocurrency enthusiasts say more US banks will adopt them.

    With token payments, the process will accelerate, allowing TradFi banks to be more efficient and diversified.

    In a research report titled “Beyond Crypto: Tokenization,” Bank of America predicts that tokenization of traditional assets may reshape banking infrastructure in public and private markets over the next five to 15 years.

    The performance of Metaverse tokens will get back on track again in 2024. CoinMarketCap shows that tokens like Gala surged as much as 189% in December. While many quickly chalk this up to a last-minute buying frenzy, experts say the Metaverse will be back.

    Organizations will balance the enormous potential with emerging challenges in XR, according to Alex Howland, president of Virbela. The founder also believes that artificial intelligence will drive alien creation, making decentralized virtual worlds more feasible than before.

    Conclusion

    2024 could be the year when cryptocurrencies finally enter the hot zone after languishing in the market winter for so long. However, whether these expectations come true or not will depend on what happens during the first quarter of 2024.

    Source link

    ZEMS BLOG
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleIllegal aliens arrested using fake passports to pretend to be minors to cross Biden's open borders – Guinea government may contribute | Critic portal
    Next Article The video appears to show Panthers owner David Tepper throwing a drink at a rival fan
    ZEMS BLOG
    • Website

    Related Posts

    A security engineer was imprisoned for 3 years for hacking cryptocurrencies worth $12 million

    April 12, 2024

    6 Common Risks in Self-Directed IRAs and Bitcoin Checkbooks

    April 12, 2024

    Asset tokenization, artificial intelligence attracts focus from IOSCO Fintech team

    April 12, 2024
    Leave A Reply Cancel Reply

    Nice giants and fast collapses: herb animals in Tanzania

    June 23, 2025

    3 days in Santorini – the best things to see and do

    June 22, 2025

    Children’s animals in Tanzania: A video article from Tarangy, Nugurongoro, and Serinjiti

    June 9, 2025

    This professional traveler reveals how to tour the world without any remorse

    May 30, 2025
    Recent Posts
    • Nice giants and fast collapses: herb animals in Tanzania
    • 3 days in Santorini – the best things to see and do
    • Children’s animals in Tanzania: A video article from Tarangy, Nugurongoro, and Serinjiti
    • This professional traveler reveals how to tour the world without any remorse
    • Spring of 2025 external equipment and new books guide
    About

    ZEMS BLOG in partnership with Holiday Omega keeps you informed. Bringing you the latest news from around the world with fresh perspectives and unique insights. Your daily source for news from around the world. All perspectives, all curated for a global audience.

    Facebook X (Twitter) Instagram YouTube Telegram
    • About Us
    • Contact Us
    • Privacy Policy
    • Disclaimer
    Subscribe For latest updates

    Type above and press Enter to search. Press Esc to cancel.