Bitcoin

Spot

James

<ul class="news-points"> 
 <li>The lead analyst from CryptoSlate shared a potential 2024 timeline for BTC.</li> 
 <li>The analyst predicted that ETFs will receive approval in January and expects liquidity to flow between May and November.</li> 
 <li>Michael Saylor revealed that the FASB has officially adopted fair value accounting for BTC.</li> 
</ul> 
The lead analyst at CryptoSlate, James Van Straten, shared a potential 2024 timeline for <a href="https://coinedition.com/tag/bitcoin-btc-news/">Bitcoin (BTC)</a> in an X (formerly Twitter) post. The very first milestone that the analyst listed in his expected timeline is the approval of Spot Bitcoin exchange-traded funds (ETFs) in January next year. 
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 <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitcoin</a> Potential 2024 Timeline Jan: ETF Approval Feb: ETF Trading (Based on GLD) March – Potential for first-rate cut April – Halving May – November: Rate cuts and liquidity December – FASB is expected to adopt fair value accounting for Bitcoin— James Van Straten (@jimmyvs24) <a href="https://twitter.com/jimmyvs24/status/1735067910802944197?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">December 13, 2023</a>
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Next on Van Straten’s timeline is ETF trading. Thereafter, he expects the first interest rate cut to take place in the U.S. This will then be followed by the highly-anticipated Bitcoin halving event, estimated to take place in April 2024.&nbsp; 
The analyst believes that interest rate cuts will cont…
The post <a href="https://coinedition.com/bitcoins-2024-evolution-a-look-at-key-milestones-and-dates/">Bitcoin’s 2024 Evolution: A Look at Key Milestones and Dates</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Bitcoin’s 2024 Evolution: A Look at Key Milestones and Dates

Coin Edition

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