The cryptocurrency market entered December with major movements and remarkable innovations, consolidating its global relevance. Check out the recent highlights:
1. Bitcoin at New All-Time High
Bitcoin has hit the $100,000 mark, reflecting growing interest from both institutional and retail investors. Despite swings to as high as $90,000, trader confidence remains high, driven by expectations surrounding the upcoming halving and the inflow of institutional capital  .
2. Asset Tokenization Gains Traction
The tokenization of real-world assets (RWAs) continues to advance in Brazil and abroad. This process allows traditional assets, such as real estate and shares, to be transformed into tradable digital tokens, promoting greater accessibility and efficiency. It is estimated that, in 2024, the Brazilian market for tokenized assets will reach the R$2.2 billion mark .
3. Promising Cryptocurrencies for 2024
In addition to Bitcoin, coins such as Avalanche (AVAX), due to its partnership with JP Morgan, and Polygon (MATIC), with its interoperability upgrades, stand out as solid bets. Cosmos (ATOM) has also been standing out for its innovations in blockchain security .
4. More Favorable Regulations
The Czech Republic has announced a tax exemption for Bitcoin holders who hold their assets for more than three years and for transactions below $4,200 per year, reflecting a global trend toward clearer and more favorable regulations for the crypto market.
5. Corporate Adoption and Popularization
Brazilian and international companies are increasing their presence in the sector. The adoption of cryptocurrencies as a strategic reserve by large corporations and the distribution of significant profits to investors show the maturity of the market. In Brazil, for example, more than R$4.5 million was distributed to investors in Solana, Bitcoin and Bitcoin Wrapped recently .
The crypto scene remains buoyant, with technological advances, promising regulations, and high demand for new use cases. Stay tuned for opportunities and developments in 2024!
