<ul><li>Bitcoin’s price is likely to experience a rise next year owing to the Bitcoin halving event and Bitcoin spot ETFs.</li><li>Fed let the interest rates remain the same while showing signs of cutting rates for three times in 2024.</li><li>Court results for the Ripple and Grayscale cases were good; only the Binance case was settled by paying a hefty sum.</li></ul>A series of explosive events have happened this year, like the Binance settlement and resolution of lawsuits for Ripple and Grayscale. Fed stops interest rate cuts while showing signs of possible rate cuts in the coming year. John E Deaton, a crypto-based lawyer, posted on X about the perfect storm that is likely to happen and has happened in the dynamic crypto landscape.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/af56ec92520742ddbab2841e340ada5f.png" />One of the most important events in Bitcoin’s blockchain is the halving event. A halving event signifies a drop in the rate at which the number of coins are mined. The current reward for mining is 6.25 BTC per block, and after Bitcoin halves in April 2024, the rewards will drop to 3.125 BTC per block. The halving only happens when 210,000 blocks are mined, which is approximately every four years.Another turn of events that speculated investors was the narratives running about the possibility of spot BTC ETF approvals. The spot ETFs pose an opportunity for traditional investors to gain exposure to the price movements of Bitcoin through their brokerage accounts. Spot ETFs are different from future-based ETFs, where in spot ETFs, investors actually own bitcoins because they invest in the underlying asset and not the derivatives. The approval for Spot Bitcoin ETFs is pending, but it’s looking in the <a href="https://www.binance.com/en/blog/markets/spot-bitcoin-etfs-exploring-potential-impacts-on-the-crypto-landscape-7488010010338549466" rel="noopener noreferrer nofollow">positive</a> direction.Read full article a<a href="t%20CryptoTale." rel="noopener noreferrer nofollow">t CryptoTale.</a>

XRP Attorney Flags a “Perfect Storm” for Crypto, Signals Potential Developments

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