2024 Blockchain Trends:

First, let's talk about last year, and the best way to do it is visually with a short recap:

2023 Was a difficult year, we started with a BTC price of around $16,500 and ETH of $1200 approx. We witness the downfall of FTX, and CZ, saying goodbye to Binance.

But of course one of the main topics all 2023 was the #BTC Etf approval, which now is a reality.

What is coming this 2024:

Bitcoin Halving

Let's remember that BTC has a fixed supply of 21 Million Bitcoins, from which are missing to be mine around 1 Million, with the Halving happening every 4 years the mining rewards are cut in half.

Let's explore the previous Btc cycles because in April, we will be entering the BTC spring season:

First BTC cycle from 2012 to 2016

Second BTC cycle from 2016 to 2020:

Third BTC cycle 2020-2024*

RWAS:

One function of Blockchain Technology that we think will grow this year is the idea of tokenizing Real-World-Assets, for that we have many use cases, for example:

AI Blockchain Tokens:

AI was one of the most discussed topics last year and we think that the trend this 2024, will continue, because the convergence of AI Technology and Blockchain is imminent, here we can see some examples of some crypto assets taking advantage of this synergy:

Layer 1 Wars continue:

Meaning: We can see a clear trend for what can we expect this 2024, information coming from Defi lama, TLV means Total Lock Value. So the winner and More Bullish L1 is #Solana.

But, everything can change, remember ETH ETF may be coming this year too...

That's it for today, thanks for sharing and commenting on today's newsletter. If you haven't done it subscribe now.

Finally:

We at BlockCzech Software House expect an exciting and busy 2024, if you need help with development Blockchain and Web3 Development, now is the right time to start, before the bull market comes.

David N.