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Ripple President Monica Long shared her forecasts for how the cryptocurrency industry will develop next year: what awaits DeFi projects, and what are the prospects for blockchain.

The CEO of Blockstream expressed the opinion that 2024 promises to be a period of renaissance for Bitcoin, the price of which could well reach $100,000.

The first cryptocurrency continues its growth. On the night of December 6, the BTC rate exceeded $44,000 - this is the highest level since the beginning of April 2022. Bitcoin grew by more than 15% in a week.

According to a team of analysts at Standard Chartered Bank, led by Jeff Kendrick, the first cryptocurrency could reach $100,000 by the end of next year.

On Monday, November 20, according to data from the analytical platform CoinMarketCap, the world's largest cryptocurrency by market capitalization confidently crossed the $37,000 mark and by the evening was trading near the $37,300 level.

Tether, the operator of the largest stablecoin USDT, plans significant investments in mining equipment and companies - investments will amount to $500 million in the next six months.

According to a document posted on the website of the American NASDAQ exchange, investment company BlackRock has filed an application to launch a spot exchange-traded fund (ETF) for ether.

Bitcoin could see a sharp increase in value as soon as it crosses the $36,000 mark, according to the sentiment of options market participants.

Bitcoin's recent rise to $35,000 has boosted daily crypto spot trading volumes to March levels.