• The lead analyst from CryptoSlate shared a potential 2024 timeline for BTC.
• The analyst predicted that ETFs will receive approval in January and expects liquidity to flow between May and November.
• Michael Saylor revealed that the FASB has officially adopted fair value accounting for BTC.

The lead analyst at CryptoSlate, James Van Straten, shared a potential 2024 timeline for Bitcoin (BTC) in an X (formerly Twitter) post. The very first milestone that the analyst listed in his expected timeline is the approval of Spot Bitcoin exchange-traded funds (ETFs) in January next year.

Next on Van Straten’s timeline is ETF trading. Thereafter, he expects the first interest rate cut to take place in the U.S. This will then be followed by the highly-anticipated Bitcoin halving event, estimated to take place in April 2024. 

The analyst believes that interest rate cuts will cont…

The post Bitcoin’s 2024 Evolution: A Look at Key Milestones and Dates appeared first on Coin Edition.

• The lead analyst from CryptoSlate shared a potential 2024 timeline for BTC.
• The analyst predicted that ETFs will receive approval in January and expects liquidity to flow between May and November.
• Michael Saylor revealed that the FASB has officially adopted fair value accounting for BTC.

The lead analyst at CryptoSlate, James Van Straten, shared a potential 2024 timeline for Bitcoin (BTC) in an X (formerly Twitter) post. The very first milestone that the analyst listed in his expected timeline is the approval of Spot Bitcoin exchange-traded funds (ETFs) in January next year.

Next on Van Straten’s timeline is ETF trading. Thereafter, he expects the first interest rate cut to take place in the U.S. This will then be followed by the highly-anticipated Bitcoin halving event, estimated to take place in April 2024. 

The analyst believes that interest rate cuts will cont…

The post Bitcoin’s 2024 Evolution: A Look at Key Milestones and Dates appeared first on Coin Edition.