Beyond Trump: What Drives Cryptocurrency in 2024

2024 is the time when cryptocurrency develops into a legitimate factor in the global financial landscape.

Opinion by: James Toledano, CEO of Unity Wallet

2024 is the year of cryptocurrency growth. Throughout the short but tumultuous history of the industry, this year marks a turning point in legality, integration, and increasing acceptance worldwide for digital assets.

It is tempting to narrow the story of 2024 down to the meteoric rise of Bitcoin. Even more enticing is attributing this growth to the so-called "Trump bump," driven by the pro-cryptocurrency stance of the incoming U.S. president.

The story of 2024 is much richer than politics and price volatility. 2024 is the year cryptocurrency transitions from a niche speculative asset to a significant factor in the global financial system.

ETF: Bridging the Gap Between TradFi and DeFi

The biggest transformational moment this year for cryptocurrency is the emergence (and subsequent boom) of exchange-traded funds (ETFs). ETFs have overcome the biggest barrier to the maturation of cryptocurrency as a mainstream financial instrument, bridging the gap between decentralized finance and traditional finance (TradFi). #TrumpBTCBoomOrBust