Is 2024 Bitcoin’s Big Year?

While fraud and scams are still rampant, Bitcoin stands to benefit from several global trends and overcome its lingering stigma and regulators’ hate.
Is 2024 Bitcoin’s Big Year?
A visual representation of bitcoin in London, on Dec. 7, 2017. Dan Kitwood/Getty Images
Michael Washburn
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News Analysis

U.S. regulators’ pending approval of the spot Bitcoin exchange-traded fund (ETF), which could come as soon as next week, and severe criticisms of the Securities and Exchange Commission (SEC) for missteps in the prosecution of a Utah-based firm, DEBT Box, and for a general pattern of regulatory overreach, have combined to give the cryptocurrency market unprecedented momentum in 2024, financial and legal expert analysts have told The Epoch Times.

Michael Washburn
Michael Washburn
Reporter
Michael Washburn is a New York-based reporter who covers U.S. and China-related topics for The Epoch Times. He has a background in legal and financial journalism, and also writes about arts and culture. Additionally, he is the host of the weekly podcast Reading the Globe. His books include “The Uprooted and Other Stories,” “When We're Grownups,” and “Stranger, Stranger.”
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