Luno Divulges What 2024 Has in Store for Cryptocurrency
IT News Africa | Eva Sgroi - Jan 22, 2024
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  • Bitcoin touched a 21-month peak and spot ETFs for Bitcoin were approved.
  • Significant developments anticipated for crypto in 2024 include the Bitcoin halving and the potential growth of altcoins.
  • Crypto licensing in South Africa allows for heightened institutional interest and access to crypto through licensed financial service providers.
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The crypto industry is showing signs of maturity and continued innovation. The approval of Bitcoin ETFs and the integration of AI in crypto are positive developments. The upcoming Bitcoin halving and the potential growth of altcoins provide opportunities for investors. However, regulatory decisions and the outcome of the US elections could have a significant impact on the industry.
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