Stablecoin

<p>The post <a href="https://coinpedia.org/news/top-10-reasons-why-massive-crypto-bull-run-is-imminent-in-2024/" rel="noopener noreferrer nofollow">Top 10 Reasons Why Massive Crypto Bull Run is Imminent in 2024</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Crypto Banter, a prominent figure in the crypto community, recently shared a bullish outlook for the year 2024 on the <a href="https://twitter.com/crypto_banter/status/1737474413400842676" rel="noopener noreferrer nofollow">X platform</a>, presenting ten compelling reasons for a more promising year ahead than 2023.</p>
<h2 class="wp-block-heading" id="h-btc-etf-amp-halving-hype"><strong>BTC ETF &amp; Halving Hype</strong></h2>
<p>In the first quarter of 2024, Crypto Banter predicts the <a href="https://twitter.com/crypto_banter/status/1737474389224935934/photo/1" rel="noopener noreferrer nofollow">approval</a> of the Bitcoin ETF, featuring major players. This move is anticipated to legitimize Bitcoin even further, potentially injecting up to $2 billion into the market.</p>
<figure class="wp-block-image size-full"><img decoding="async" width="976" height="444" src="https://image.coinpedia.org/wp-content/uploads/2023/12/21140808/btc-etf-approval-timeline.png" alt="" class="wp-image-255332" srcset="https://image.coinpedia.org/wp-content/uploads/2023/12/21140808/btc-etf-approval-timeline.png 976w, https://image.coinpedia.org/wp-content/uploads/2023/12/21140808/btc-etf-approval-timeline-300x136.png 300w, https://image.coinpedia.org/wp-content/uploads/2023/12/21140808/btc-etf-approval-timeline-768x349.png 768w, https://image.coinpedia.org/wp-content/uploads/2023/12/21140808/btc-etf-approval-timeline-150x68.png 150w" sizes="(max-width: 976px) 100vw, 976px">
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<p>Scheduled for Q1/2 2024, the Bitcoin Halving is expected to align with the ETF’s impact on demand, reducing the supply side. Historically, Bitcoin tends to peak about a year after the halving event.</p>
<h2 class="wp-block-heading" id="h-fed-pivot-amp-global-liquidity-surge"><strong>FED Pivot &amp; Global Liquidity Surge</strong></h2>
<p>FED Chairman Powell’s <a href="https://coinpedia.org/price-analysis/bitcoin-price-jumps-post-fomc-meeting-btc-price-to-record-new-yearly-high-soon/" rel="noopener noreferrer nofollow">recent FOMC</a> shift suggests potential changes in monetary policy. Anticipated rate cuts in mid-2024 could create a more favorable monetary environment, positively impacting liquid asset prices.</p>
<p>With global rates being cut and monetary policies easing, there’s a surge in liquidity, especially from China. This liquidity influx is expected to attract more funds into various markets.</p>
<h2 class="wp-block-heading" id="h-election-year-amp-fasb-rules-change"><strong>Election Year &amp; FASB rules Change</strong></h2>
<p>Historical bullish trends during <a href="https://twitter.com/crypto_banter/status/1737474402847989866/photo/1" rel="noopener noreferrer nofollow">election years</a>, coupled with the stock market breaking all-time highs, present an intriguing dynamic. A crypto-friendly presidential candidate Donald Trump’s new regime adds further layers to the optimism.</p>
<figure class="wp-block-image size-full"><img decoding="async" width="940" height="525" src="https://image.coinpedia.org/wp-content/uploads/2023/12/21140758/us-election.png" alt="" class="wp-image-255331" srcset="https://image.coinpedia.org/wp-content/uploads/2023/12/21140758/us-election.png 940w, https://image.coinpedia.org/wp-content/uploads/2023/12/21140758/us-election-300x168.png 300w, https://image.coinpedia.org/wp-content/uploads/2023/12/21140758/us-election-768x429.png 768w, https://image.coinpedia.org/wp-content/uploads/2023/12/21140758/us-election-150x84.png 150w" sizes="(max-width: 940px) 100vw, 940px">
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<p>Meanwhile, New <a href="https://coinpedia.org/research-report/how-new-crypto-accounting-rules-fuel-bitcoins-institutional-adoption-ahead-of-btc-halving-event/" rel="noopener noreferrer nofollow">FASB rules</a> in 2024 allowing real-time value reflection of Bitcoin on balance sheets are set to catalyze corporate adoption by showcasing its dynamic asset potential</p>
<h2 class="wp-block-heading" id="h-eth-etf-approval-amp-sol-futures-etf"><strong>ETH ETF Approval &amp; $SOL Futures ETF</strong></h2>
<p>Ethereum’s spot ETF filings echo Bitcoin’s journey, with <a href="https://coinpedia.org/price-analysis/how-high-can-ethereum-eth-price-surge-after-blackrock-etf-approval/" rel="noopener noreferrer nofollow">expectations of approval</a> in Q3/4 2024, positioning ETH as the next crypto star.</p>
<p>Following the trajectory set by Bitcoin and Ethereum, the logical progression leads to SOL or XRP. Crypto Banter leans towards SOL, anticipating a futures ETF to garner attention and diversify investment portfolios.</p>
<h2 class="wp-block-heading" id="h-alt-coin-frenzies-amp-stablecoin-mass-adoption"><strong>Alt-coin Frenzies &amp; Stablecoin Mass Adoption</strong></h2>
<p>However, growing liquidity is expected to entice investors to explore the crypto risk curve, paving the way for alt-coin frenzies throughout the year.</p>
<p>With BlackRock’s involvement in Circle and Tether’s record market cap, Stablecoin are poised for <a href="https://twitter.com/crypto_banter/status/1737474413400842676" rel="noopener noreferrer nofollow">explosive growth</a> in 2024. Rising concerns about currency debasement in developing countries further fuel this trend.</p>
<p>Crypto Banter’s 2024 projections offer a multifaceted view of the anticipated crypto boom, providing enthusiasts and investors with a nuanced perspective on the potential driving forces shaping the crypto landscape in the coming year.</p>

Top 10 Reasons Why Massive Crypto Bull Run is Imminent in 2024

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