2024 Crypto Trends: Unveiling the Bitcoin Surge, Ethereum’s Momentum, and PulseChain’s Strategic Moves

As of the latest data in 2024, Bitcoin is soaring hitting a high of $64,000, Ethereum hitting $3,500, with the ETH/BTC ratio at 0.054. In this blog, we’ll delve into some intriguing aspects of the crypto market, including insights into the Bitcoin halving, Richard Heart’s strategic moves with the PulseChain, and the ever-evolving landscape of AI and DeFi protocols.

The Bitcoin Halvening and “The Final Dip”:
One recurring pattern in the world of Bitcoin is the -40% correction following each halving event, lasting 1-2 months, followed by a recovery. If this occurs in March, brace yourselves for what enthusiasts are calling “The Final Dip.” Historically, this has been an opportune time to secure Bitcoin at relatively lower prices before witnessing a rebound. This does not mean the pattern will follow the same path in 2024 but as they say, the trend is your friend.

Richard Heart’s PulseChain Wallet and Yield Farming:
Richard Heart has deployed a whopping $200 million DAI into MakerDAO, aiming for a 5.00% yield, translating to about $830k per month. This strategic move positions him to potentially invest in PLS, PLSX, HEX, and INC in the event of a significant crypto crash or dip. Keep an eye on the dynamics, as $100 million could trigger a 4x price increase, while $600 million might lead to a substantial 25x price surge.

The Rise of AI in Crypto:
The field of artificial intelligence has been steadily gaining momentum, and investors are taking notice. However, a cautious approach is necessary. Not all AI coins will actually make it in the future, there is just a lot of hype around AI right now which is driving the price momentum. AI is being used as a trading tool in the crypto trading world, with machine learning algorithms allowing traders to make even more informed decisions. These algorithms can analyze massive amounts of data in real-time, providing valuable information into market trends, price movements and trading opportunities that give traders more accurate predictions, reduced risks and maximizing their profits.

AI has also made a big impact on crypto mining by using machine learning to optimize energy consumption, reducing costs and improving mining efficiency, making mining operations more profitable and sustainable.

DeFi Protocols and Ethereum L2 Chains:
The decentralized finance (DeFi) space is undergoing significant upgrades and implementations. Additionally, numerous Ethereum Layer 2 (L2) chains are making their debut. However, caution is advised, as a staggering 99% of coins launched are deemed scams on various chains, resulting in instant rug pulls. Vigilance and due diligence are imperative for navigating this dynamic landscape.

As the crypto market continues to make waves, staying informed and vigilant is key to successful investing. Whether it’s anticipating “The Final Dip” following a Bitcoin halvening, tracking Richard Heart’s strategic moves, exploring AI investment opportunities, or navigating the DeFi and Ethereum L2 landscape, a well-informed approach is crucial in this ever-evolving world of cryptocurrency.

The Wolf of Bitcoins

As an eCommerce entrepreneur, that started my journey with Bitcoin back in 2014, after going down the cryptocurrency rabbit hole. I came to the conclusion that this technology is going to change the world.

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