3 Breakthroughs in Blockchain Technology: Cryptos Riding the Tech Wave of 2024

Investors are rushing to find the top cryptocurrencies of 2024 as the market for digital currencies recovers in a risk-on macro-environment, with blockchain technologies leading the charge of the new technological wave.

Indeed, institutional demand for Bitcoin has been greatly boosted by the introduction of spot Bitcoin ETFs earlier this month by the Securities and Exchange Commission (SEC).

Market participants anticipate a supply shock due to the impending Bitcoin halving event, which is scheduled for late April 2024 and would cut the Bitcoin block rewards in half.

Many people are hoping for a Bitcoin bull run because of the extraordinary demand and the imminent decrease in supply.

Similar to what happened in 2021, 2017, and 2014, this may cause the bitcoin industry to see significant growth.

Forerunner blockchain initiatives: the expected tech tsunami in the bitcoin industry in 2024 lays the groundwork for substantial benefits. We will look at three of the best investing prospects in this field.

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