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Ryan Selkis Shares His 2024 Crypto Predictions

Bankless

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Crypto Market Dynamics and ETF Implications

This chapter explores the entry of major Wall Street firms into the cryptocurrency landscape through ETFs and the competitive positioning of firms like BlackRock and Grayscale. It delves into the predicted implications of a potential spot Bitcoin ETF approval, the future of Ethereum, and the challenges facing both Bitcoin and Ethereum in terms of market dynamics and security. The discussion also highlights the complexities of private versus public crypto markets, the potential for IPOs, and the evolving regulatory challenges for crypto entities in the US.

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