2024

Bitcoin

<div class="dailyhodl">
 <p>Morgan Creek Capital founder and CEO Mark Yusko is saying that the crypto industry faces positive prospects in 2024.</p>
 <p>In a new interview on The Dales Report, Yusko says that 2024 is “going to be an incredibly powerful” year for crypto, aided by the alignment of various factors.</p>
 <div class="code-block code-block-055f5289fd7e731bb72be7c5a19d18ed code-block-1">  
 </div>
 <p><i>“That’s kind of what we have coming into 2024. We have this celestial alignment of all the things, all the cycles. So we have the four-year cycle in Bitcoin, right? The halving happens in April, or early May, depending on the blocks. But that’s going to happen.</i></p>
 <p><i>We’ve got this wave of liquidity that’s about to be unleashed with the approval of the [spot Bitcoin] exchange-traded fund (ETF).</i></p>
 <p><i>We’ve got this cyclical wave of it looks like the economy is slowing therefore the Federal Reserve’s going to go back to accommodation which will devalue the dollar more, which means if we price Bitcoin in dollars, the price of Bitcoin goes up.”</i></p>
 <p>According to the hedge fund veteran, the crypto industry might also benefit from a “technological wave” as a result of new talent potentially entering the space.</p>
 <p><i>“We’ve got a technological wave where 650,000 people were laid off from Big Tech. That’s a lot. And it turns out, that some of them don’t have enough money to never work again. Some do, but many don’t. And turns out, some of them are like really smart. And so they are starting new companies… </i></p>
 <p><i>Turns out the most powerful force in the universe… …is human creativity.”</i></p>
 <div class="video-container"><iframe title="YouTube video player" src="https://www.youtube.com/embed/WD75Foab0fM?si=JILG62kBgFU-hQQi" width="560" height="315" frameborder="0" allowfullscreen></iframe>
 </div>
 <p><span style="color: #ffffff;">I</span></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/2024-will-be-incredibly-powerful-for-crypto-says-morgan-creek-s-mark-yusko-here-s-why-tbt75330.html">https://thebittimes.com/2024-will-be-incredibly-powerful-for-crypto-says-morgan-creek-s-mark-yusko-here-s-why-tbt75330.html</a></p>

2024 Will Be ‘Incredibly Powerful’ for Crypto, Says Morgan Creek’s Mark Yusko – Here’s Why

TheBitTimes

Ďalšie články zverejnené 2. 1. 2024

Solana Kicks off 2024 With New Listing on This Crypto Exchange, SOL Jumps 11%

Stake.com clinches 2-year naming rights deal for Sauber’s F1 team

Cryptocurrency Market Analysis: Bitcoin, Ethereum, and BNB Coin Technical Insights

SEC Imposes Deadline for Bitcoin ETF; InQubeta Presale Offers Potential for 100x Portfolio Growth

BIXI $BIXI | Low Market Cap | XRP Rewards | LP Burned CA Renounced | Big Marketing Campaigns

Mixed opinions on crypto as investment instruments revealed in Korean surveys

Pripojte sa k nášmu bezplatnému bulletinu a získajte denné aktualizácie kryptomien!