Bankless VanEck’s 2024 Crypto Predictions with Matthew Sigel
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Dec 12, 2023 Matthew Sigel, Head of Digital Assets Research at VanEck, shares bold predictions for the cryptocurrency landscape in 2024. He discusses the potential impact of a recession and future Bitcoin halving on prices. Expectations for Bitcoin hitting new highs, Ethereum’s challenges, and the rise of decentralized exchanges are key highlights. Sigel dives into Solana's growth and the evolving world of stablecoins. With insights on regulatory changes and the future of corporate crypto, his analysis illustrates an exciting year ahead for digital assets.
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2024 Crypto Predictions Overview
- VanEck's predictions for 2024 cover a range of crypto areas, from market trends to specific technologies.
- These predictions aim to guide investment strategies, acknowledging the inherent speculation in crypto.
Recession and Spot Bitcoin ETF
- VanEck predicts a US recession in 2024, potentially impacting crypto markets.
- They also anticipate the arrival of the first spot Bitcoin ETF, which could offset recessionary pressures.
Bitcoin Halving Impact
- The fourth Bitcoin halving is expected to proceed smoothly, impacting miners' profitability.
- Publicly traded miners, with stronger balance sheets, are better positioned for the post-halving period.