Blockchain Insider Podcast by 11:FS

203. Insights: Our crypto predictions for 2024

19 snips
Jan 3, 2024
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INSIGHT

2023 Crypto Regulation and Innovation

  • 2023 saw US regulators respond strongly to crypto collapses like FTX and showed growing interest in stablecoins and digital fiat currencies.
  • Innovation in Bitcoin, NFTs, DeFi, and real-world asset tokenization progressed but DeFi regulation remained limited.
INSIGHT

NFT and Bitcoin Ordinals Impact

  • NFTs have shifted from expensive collectibles to millions of low-cost micro NFTs, enabling broad social and digital asset use.
  • Bitcoin's ordinals revived developer interest but also caused higher transaction fees, reflecting a growing ecosystem complexity.
INSIGHT

Bitcoin's Decade of Super-Bitcoinization

  • Bitcoin has experienced a super-Bitcoinization, appreciating over 5% monthly versus USD for a decade amid global currency depreciation.
  • Factors like supply chain crises and long-term trends signal continued bullish momentum for Bitcoin despite economic uncertainties.
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