Ethereum

Bitcoin ETF

Bitcoin

Read

Bold

<ul> 
 <li>Ryan Rasmussen predicts Bitcoin highs, ETF success, and crypto milestones.</li> 
 <li>The Bitwise expert outlines Bitcoin, Ethereum, NFTs, and AI projections.</li> 
 <li>He makes bold forecasts for 2024 whilst making it clear to not be taken as investing advice.</li> 
</ul> 
<p>Cryptocurrency expert Ryan Rasmussen from <a href="https://bitwiseinvestments.com/" target="_blank" rel="noreferrer noopener nofollow">Bitwise Asset Management</a>, a leading crypto index fund and advocate for a <a href="https://cryptonewsland.com/massive-liquidity-approaching-crypto/">Bitcoin ETF</a> in the U.S., has shared intriguing forecasts for Bitcoin in the upcoming year.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">In 2024… Bitcoin will set a new all-time high, the spot bitcoin ETF will be the most successful ETF launch of all time, Coinbase’s revenue will double, and more…<br><br>Here are <a href="https://cryptonewsland.com/10000-xrp-at-100-per-coin/">10</a> Crypto Predictions for 2024 by the team at <a href="https://twitter.com/BitwiseInvest?ref_src=twsrc%5Etfw">@BitwiseInvest</a><br><br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"></p>— Ryan Rasmussen (@RasterlyRock) <a href="https://twitter.com/RasterlyRock/status/1734956139580936658?ref_src=twsrc%5Etfw">December 13, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>To start off, Rasmussen believes that Bitcoin (BTC) will first set a new attl-time high (ATH). In fact, he says this new Bitcoin ATH is expected to surpass $80,<a href="https://cryptonewsland.com/cathie-wood-remains-confident-bitcoins-potential-to-reach-1000000-by-2030/">000</a>, driven by a spot ETF launch and April halving.</p> 
<p>Next he says <a href="https://cryptonewsland.com/blackrock-and-bitwise-present-revised-spot-bitcoin-etfs-amidst-price-surge/" target="_blank" rel="noreferrer noopener">Bitcoin ETFs</a> will be triumphant. He adds that it will be the most successful ETF launch ever. Following this, the next prediction says <a href="https://www.coinbase.com/" target="_blank" rel="noreferrer noopener nofollow">Coinbase</a> will soar. That is, Coinbase revenue to double, exceeding Wall Street projections by 10x, buoyed by new product success.</p> 
<p>The next prediction talks about stablecoin dominance. Wherein, more transactions to settle using stablecoins than Visa, marking stablecoins as a “killer app.” Moreover, he states JPMorgan’s tokenization. Here, he says JPMorgan will tokenize a fund, venturing into on-chain assets as Wall Street embraces tokenization.</p> 
<p>The sixth prediction has to do with an Ethereum surge. Rasmussen says he reckons seeing Ethereum revenue to surpass $5 billion, driven by user influx into crypto applications. The Seventh prediction stars none other than music sensation <a href="https://cryptonewsland.com/ftxs-sbf-speaks-now-about-failed-partnership-with-taylor-swift/" target="_blank" rel="noreferrer noopener">Taylor Swift</a> herself. Rasmussen says the icon will launch NFTs, exploring connections with fans through Spotify and token-gated playlists.</p> 
<p>The last three prediction talks about AI assistants using crypto for online payments, solidifying crypto as the “native currency of the internet”, a market boom over $100 million staked in prediction markets, emerging as a crypto “killer app”, and Ethereum transaction costs dipping below $0.01 with EIP-4844 upgrade, fostering mainstream adoption.</p> 
<p>As a final bonus prediction, Rasmussen talks about financial advisors and crypto. He says one in four financial advisors will be expected to allocate to crypto in client accounts by 2024. In conclusion, Rasmussen acknowledges the speculative nature of predictions, emphasizing the complexity of future events, and makes no guarantees.</p> 
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4> 
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/bitwise-2024-crypto-predictions-bitcoin-etfs-ai-and-more/">Bitwise 2024 Crypto Predictions: Bitcoin, ETFs, AI, and More</a></li>
 <li><a href="https://cryptonewsland.com/why-a-bitcoin-etf-could-skyrocket-u-s-bitcoin-adoption/">Why a Bitcoin ETF Could Skyrocket U.S. Bitcoin Adoption</a></li>
 <li><a href="https://cryptonewsland.com/blackrock-and-bitwise-present-revised-spot-bitcoin-etfs-amidst-price-surge/">BlackRock and Bitwise Present Revised Spot Bitcoin ETFs Amidst Price Surge</a></li>
 <li><a href="https://cryptonewsland.com/boldest-btc-calls-for-2023-1400-rally-or-a-70-plunge-on-cards/">Boldest BTC Calls For 2023; 1,400% Rally or a 70% Plunge on Cards</a></li>
 <li><a href="https://cryptonewsland.com/crypto-influencer-will-clementes-bold-bet-on-bitcoins-monetization/">Crypto Influencer Will Clemente’s Bold Bet on Bitcoin’s Monetization</a></li>
</ul> 
<p>The post <a href="https://cryptonewsland.com/bitwise-researcher-unveils-10-bold-bitcoin-predictions-for-crypto-in-2024/">Bitwise Researcher Unveils 10 Bold Bitcoin Predictions for Crypto in 2024</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.</p>

Bitwise Researcher Unveils 10 Bold Bitcoin Predictions for Crypto in 2024

Crypto News Land

Other articles published on Dec 14, 2023

XRP to go up: analyst predicts bullish cycle ahead

IMF & South Korea Calls For Swift Regulations To Mitigate Crypto Risks

Flipster Debuts ‘The Dragon’s Treasure’ Trading Competition Series with 1 million USDT worth of p...

Bitcoin (BTC) Price Prediction Post 2024 Halving, will it Match the Potential Growth of Retik Fin...

Why Is Bonk Price Up Today?

Ledger ConnectKit Breach Sparks DeFi Protocols’ Security Crisis

Join our free newsletter for daily crypto updates!