Ethereum

Solana

Galaxy

Bitcoin

<figure> 
 <figcaption>
 Cover image via <a href="https://u.today/">U.Today</a>
 </figcaption> 
</figure>
Galaxy Digital, which is led by crypto mogul Mike Novogratz, has <a href="https://twitter.com/novogratz/status/1750217811048190182">predicted</a> a significant surge in activities within the crypto and AI sectors.&nbsp;
The firm anticipates an increase in protocol adoption and venture investment, primarily driven by the growing demand for GPUs.&nbsp;
These GPUs are essential for training and running AI models, with even the most established compute providers now beginning to roll out dedicated servers for AI-related tools.
<h2 id="other-key-predictions">Other key predictions&nbsp;</h2>
Galaxy Digital's analysts have also made several other key predictions for the crypto world. Bitcoin ETFs in the U.S. are expected to attract significant inflows, reshaping the functioning of bitcoin markets and influencing asset managers, brokers, and exchanges across crypto and traditional finance.&nbsp;
The upcoming Bitcoin halving event is anticipated to pose challenges for miners, potentially leading to consolidation. However, this coincides with global central banks' monetary easing, presenting a strong narrative for <a href="https://u.today/arthur-hayes-predicts-crucial-bitcoin-btc-bottom-to-watch">Bitcoin</a>.
Ethereum's journey towards modularity is set to continue, with upgrades supporting Layer 2 solutions and incorporating technologies like restaking.&nbsp;
However, Ethereum will face stiff competition from alternative blockchains like Solana and potentially Bitcoin, which might see renewed interest as a platform.&nbsp;
Despite the growth in decentralized finance (DeFi), it's not expected to challenge traditional finance in 2024. However, innovations within DeFi will contribute to the evolution of on-chain landscapes. The focus on tokenization remains a key trend, even as real-world asset growth on-chain may stall.
Stablecoins, particularly those based outside the U.S., are expected to see an increase in supply and usage, driven by a resurgent crypto market.
<h2 id="novogratz-remains-bullish">Novogratz remains bullish&nbsp;</h2>
As <a href="https://u.today/bitcoin-btc-bull-mike-novogratz-bad-actors-are-out">reported by U.Today</a>, Novogratz remains bullish on Bitcoin in 2024. Countering some bearish pundits, he anticipates that Bitcoin will trade higher.&nbsp;
The crypto mogul believes that while investors might sell their holdings in Grayscale Bitcoin Trust, they are likely to reinvest in other Bitcoin ETFs, with BTCO being a favored option.

Crypto and AI to See Major Activity Boost, Mike Novogratz's Galaxy Digital Predicts

目录

U_Today

发布于 2024年1月24日的其他文章

As Crypto Market Bleeds in Post-ETF Hang-Over $GFOX Pumps Higher

Ripple vs SEC: The Audit And Contract Sparks Legal Firestorm

Cryptocurrencies set to reach $1,000 in 2024

SEC Approves Bitcoin ETF, but Crypto Market Faces Turmoil

Analyst Says Parabolic Uptrend for Bitcoin Approaching, Updates Outlook on Altcoin Markets

BREAKING NEWS: SEC Postpones Verdict on Fidelity’s Ethereum ETF

订阅我们免费的电子期刊，获取每日最新加密领域动态！