Binance participated in Web Summit 2024, one of the largest Web3 and technology events in the world, in Rio de Janeiro. On April 17th, at 10am, the exchange presented the Masterclass with the theme "BTC, ETH and the crypto journey towards greater security assets", in yet another action to contribute to knowledge and education about the market.

The appreciation of assets, amid a challenging macroeconomic scenario around the world, has led to an increase in the adoption of cryptocurrencies. Specific events such as the approval of spot BTC ETFs in the United States at the beginning of the year, the expected Bitcoin halving in April and the growth of second layer activity have contributed to this movement, both by institutional and retail investors.

The Binance Masterclass aimed to educate participants on how the crypto journey can improve investment growth and facilitate their financial activities, listing security concepts and strategies and analyzing opportunities in a safe way.

US$2.49 trillion transacted

In March, the global volume of cryptocurrency trading reached US$2.49 trillion, the highest level since November 2021, according to The Block, a news website and data agency on the sector. Cumulative spot BTC ETF trading volume has surpassed $211 billion since its approval in mid-January.

What happened at the Binance Masterclass at Web Summit Rio?

The Masterclass covered topics intrinsically connected to Binance's products, services and expertise in the blockchain and cryptocurrency market, offering a comprehensive view of the current scenario for the industry.

Among the topics that were discussed were:

1. Halving do BTC

Impacts of the Bitcoin halving on the market and how investors can prepare for the halving of the incentive to mine the most famous cryptocurrency in the world.

2. Growing adoption by institutional and retail investors

Analysis of the increased participation of institutional and retail investors in the cryptocurrency market and how this is shaping the future of the sector.

3. ETF the BTC

Discussion on the implications of spot Bitcoin ETFs in the United States, highlighting their role in democratizing access to these digital assets.

4. Correlation of crypto, gold and stocks

Investigating the correlation between cryptocurrencies, gold and stocks, and how this interconnection can influence investment strategies.

5. Usability

The importance of usability and product quality in the user experience, as well as the evaluation of risk-weighted assets.

6. Challenges for the crypto sector in increasing adoption

Analysis of the challenges faced by cryptocurrencies in terms of mass adoption and strategies to overcome them.

Additionally, Binance reiterates its commitment to education and user-centricity. Through initiatives like this Masterclass, Binance aims to empower its users and the broader community by providing valuable knowledge and insights into the ever-evolving world of cryptocurrencies and digital assets.

Follow Binance Brasil's official social media channels to check out full coverage of the event.