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Perspectives of business and crypto trends in 2024: the analysis by Gracy Chen of Bitget

According to Gracy Chen from Biget, in 2024, the crypto landscape will follow several trends: it will evolve with technological innovation and a focus on integrity and security, while artificial intelligence will transform the way cryptocurrencies are traded and invested in.

Let’s see below all the details. 

Trends 2024: evolution towards greater transparency and security in the crypto sector

As anticipated, according to Chen from Bitget, with the current cryptocurrency market showing signs of a gradual rise, 2024 promises to be a crucial year for the evolution and transformation of the sector.

After a period of consolidation lasting almost two years, the cryptocurrency business is preparing for new directions. But what are the main trends that will shape this evolving landscape?

First of all, the artificial intelligence (AI), which continues to revolutionize the way investors and traders interact with the cryptocurrency market.

With the availability of trading bots, oracles, assistants, and mentors powered by AI, users have advanced tools at their disposal to maximize their profits. 

The rapid development in the AI sector results in a constant flow of new solutions, with numerous startups focusing on the development of AI and machine learning technologies.

The era of closed and reserved cryptocurrencies is now behind us. Companies in the sector, like Bitget, are embracing transparency as a fundamental principle.

This is manifested through the regular publication of reports on the state of reserves and the size of insurance funds, as well as the adoption of open and direct communication practices with users. 

This new transparency standard not only increases investors’ trust, but also helps promote a more secure and sustainable crypto environment.

Education on blockchain technology

Furthermore, to ensure sustainable growth in the cryptocurrency sector, it is essential to improve understanding and awareness of blockchain technology. 

In this context, companies are intensifying educational and informative efforts, aiming to engage an increasingly wider audience, including the new generations. 

Initiatives like the educational campaign Blockchain4Youth by Bitget, which collaborates with universities around the world, illustrate the sector’s commitment to a future where knowledge and adoption of blockchain are widespread on a global scale.

2024 is shaping up to be a crucial year for the cryptocurrency sector, where innovation, transparency, and education play a key role in shaping the future of the crypto business. 

Crypto and social responsibility: a future of commitment and use

The cryptocurrency business, through a growing regulatory development, is breaking away from the shadows to embrace greater social responsibility. Thus contributing to solving society’s problems. 

More and more crypto companies are launching charitable and social initiatives, offering support to victims of natural disasters, pandemics, and conflicts. This trend is expected to grow in the near future.

Bitget, for example, has launched a series of social initiatives, including assistance to victims of natural disasters and the Blockchain4Her program to support women entrepreneurs. 

Through this program, participants not only receive valuable advice from experts, but also financial grants for the development or start-up of entrepreneurial activities.

Another trend that will drive the future of the industry is the use of cryptocurrencies as a means of payment. Already today, several countries are accepting cryptocurrencies for the purchase of goods such as real estate, software, jewelry, and luxury goods. 

With the development of cryptocurrency processing technologies and the increasingly widespread adoption of credit cards with crypto payment functionality, it is likely that an increasing number of users may use cryptocurrencies to pay for goods and services in the next five years.

These trends highlight a significant transformation in the way cryptocurrencies interact with society and integrate into the global economy. 

As the sector embraces greater social responsibility and promotes the adoption of cryptocurrencies as a mainstream form of payment, it paves the way for a more inclusive and sustainable future.

Alessia Pannone
Alessia Pannone
Graduated in communication sciences, currently student of the master's degree course in publishing and writing. Writer of articles from an SEO perspective, with care for indexing in search engines.