Latest Crypto News (May 2024)

Table of Contents

1. Bitcoin and ETF Outlook

The Bitcoin halving scheduled for April 2024 is expected to boost the price of Bitcoin. In particular, the expected approval of a US spot Bitcoin ETF is expected to further increase Bitcoin's market value. According to Van Eck's prediction, Bitcoin may reach a new high by the end of the year(CoinMarketCap)

2. Ethereum and the Growth of Layer 2 Networks

Ethereum continues to show strong performance, with Layer 2 networks (e.g. Polygon, Arbitrum) expected to lead in terms of total value locked (TVL) and transaction volume. In particular, the proto-dunk sharding of EIP-4844 is scheduled for 2024, which is expected to significantly improve Ethereum's scalability.CoinMarketCap)

3. The NFT market is back

The NFT market is predicted to make a big comeback in 2024. Bitcoin-based NFT trading volumes are expected to increase, with Ethereum collectibles and new crypto games expected to drive the market. The battle for market share between centralized and decentralized exchanges (DEXs) is also in the spotlight, with advances in high-throughput chains and wallet technology influencing trends.CoinMarketCap) (CoinDesk)

4. Solana and other Layer 1 blockchains

Solana is set to continue growing in Q2023 4 and could rank among the top three blockchains by market cap and TVL. It has also been suggested that it could surpass Chainlink with the introduction of a new price oracle, Pyth.CoinMarketCap)

5. Corporate Cryptocurrency Holdings Increase

New accounting practices (FASB reporting) are predicted to increase corporate cryptocurrency holdings, which is expected to allow companies such as Coinbase to benefit from reporting Layer 2 blockchain revenuesCoinMarketCap)

6. GameFi Progress

In the blockchain gaming space, at least one game is predicted to surpass 1 million daily active users, signaling the maturity of the sector. Also, the rise in GameStop stock price could spark an altcoin rally, signaling the start of the 1 altcoin season.Cointelegraph) (CoinMarketCap)

Details

Latest Posts

Trump supports Bitcoin tax breaks! White House confirms2025-07-19
仮想通貨情報局ニュース：トランプ氏がビットコイン税制優遇を支持！ホワイトハウスが発表。日々の利用促進へ！ —#ビットコイン #トランプ #仮想通貨
Decoding the Future of the Metaverse! What are Crypto Alliances and Interoperability? [Updated for 2025]2025-07-19
Metaverse Information Bureau | Article Introduction: It's not too late! The key to seizing the future of the metaverse lies in "crypto alliance" and "interoperability"! Check it out now! #metaverse #interoperability #crypto
A complete guide to BNSOL: How Binance Staked SOL works and its future prospects, even for beginners2025-07-19
Cryptocurrency Information Bureau | Currency Introduction] Are you letting SOL sit idle? Increase your rewards with BNSOL! Binance Staked A thorough explanation of the mechanism and future potential of SOL. Check out this new option for asset management! #BNSOL #Liquid Staking #Binance
Tartarus Complete Guide: Making money with the NFT card game! A comprehensive guide from how to get started to strategies and future prospects2025-07-19
GameFi Information Bureau | NFT Game Introduction: Did you know? You can earn money while playing Tartarus! A thorough explanation of how to get started with the NFT card game, strategies, and future prospects! #GameFi #NFTGame #Tartarus
Cardiologists recommend these often overlooked wonder foods!2025-07-19
INFINITY News: We discovered a surprising food that supports heart health! What is the secret behind the ingredients that even specialists recommend? #HeartHealth #DietImprovement #SpecialistRecommendation
Get HVLO Tokens on the Binance App! The Future of Hivello's DePIN Ecosystem2025-07-19
Metaverse News: HVLO tokens are now available on the Binance app! It's now easier to join the DePIN ecosystem. #HVLO #Binance #DePIN