Binance Projects 8 Key Themes for Bitcoin, Crypto in 2024

A report from the crypto exchange lays out its outlook not just for the bitcoin market but for the industry.

Key facts:

Bitcoin ordinals will see major developments, Binance says.

Real-world assets will be a "bright spot" in 2024, the report says.

Crypto exchange Binance has shared its predictions for 2024 in a report , outlining eight key themes it believes will shape not just the bitcoin (BTC) market but the entire cryptocurrency industry.

The topics covered in the research from the world’s largest crypto exchange by trading volume range from bitcoin development to the tokenization of real-world assets (RWAs) to spot bitcoin exchange-traded funds (ETFs) and the institutional adoption of digital currencies.

Growing Institutional Adoption of Bitcoin

Zooming in on the institutional investor sector, the report notes that the recently approved spot bitcoin ETFs in the U.S. “introduce a substantial source of liquidity into the crypto market and signify the mainstream recognition of bitcoin as a legitimate asset class.”

Looking ahead to 2024.