Bitwise Invest's senior researcher, Ryan Rasmussen, envisions a doubling of Ethereum's revenue to $5 billion in 2024. He also anticipates a significant boost in Coinbase's revenue, attributing it to the widespread acceptance of the exchange's newly launched products. Rasmussen's predictions extend to various aspects of the crypto landscape for 2024, including a bullish outlook for <a href="https://www.cryptoknowmics.com/news/bitcoin-pauses-pre-fomc-potential-surge-to-45k/">Bitcoin</a>. He asserts that Bitcoin will reach a new all-time high, surpassing $80,000, driven by the launch of a Spot Bitcoin ETF and the Bitcoin Halving.

[embed]https://twitter.com/RasterlyRock/status/1734956139580936658[/embed]
<h2>JPMorgan On-Chain Fund, Taylor Swift NFTs, Stablecoin Surge Predicted</h2>
Additionally, Rasmussen foresees JPMorgan tokenizing a fund and launching it on-chain to leverage the efficiency of on-chain assets. In a unique prediction, he suggests the possibility of Taylor Swift launching non-fungible tokens (NFTs) to engage with her fan base, potentially using the music app Spotify as a platform. Moreover, Rasmussen predicts that stablecoins will play a pivotal role in 2024, with more money settling using stablecoins than through Visa.

2024 Forecast: Analyst Predicts Bitcoin, Stablecoin Surge

Breaking news! Analyst predicts a dramatic rise for Bitcoin and stablecoins in 2024. Explore the insights shaping the future of crypto. 🚀💹 #Bitcoin2024

Sonakshi is into the crypto world ever since she heard about it and is pursuing her interest through Cryptoknowmics. She is a sensational poet, technical writer and content strategist.

2024 Forecast: Analyst Predicts Bitcoin, Stablecoin Surge

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