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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

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    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

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    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

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    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

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    FC Barcelona unveils Barca Pass crypto wallet, NFT avatars

    Guild of Guardians Leads Despite Dip as SuperRare and Panini Skyrocket

    Guild of Guardians Leads Despite Dip as SuperRare and Panini Skyrocket

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    Official Hyperliquid NFTs Hit All-Time High of $65,000 on OTC Desks

    NFTs Weekly Sales Surge 24% to $142M, Guild of Guardians & Immutable Dominate in Sales

    NFTs Weekly Sales Surge 24% to $142M, Guild of Guardians & Immutable Dominate in Sales

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    NFT sales pump 37% to $144.8m, Immutable dethrones Ethereum

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    Pudgy Penguins Joins Lufthansa for Real Travel Rewards

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    Solsniper Closes NFT Marketplace After 3.5 Years, Shifts Focus to Trading Bot Development

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    Ethereum Token Platform Zora Sues Deloitte Over AI Trademark Dispute

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    How ‘MapleStory N’ Is Fighting Back Against Thousands of Hackers

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    Doodles NFT Sticker Launch on Telegram Sells Out in 24 Hours

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  • Guides
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    Long and Short Positions in Crypto Explained for Beginners

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    What Is Fully Diluted Valuation (FDV) in Crypto?

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    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

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    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

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    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

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    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

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    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

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    Experience to Earn: Everdome’s Metaverse Frontier

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    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

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    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

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    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

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    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

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    Carrieverse and Disney Ink Content Deal

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    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

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    Somnia Launches Playground App to Empower Metaverse Creators

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    FC Barcelona unveils Barca Pass crypto wallet, NFT avatars

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    Guild of Guardians Leads Despite Dip as SuperRare and Panini Skyrocket

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    Official Hyperliquid NFTs Hit All-Time High of $65,000 on OTC Desks

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    NFTs Weekly Sales Surge 24% to $142M, Guild of Guardians & Immutable Dominate in Sales

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    NFT sales pump 37% to $144.8m, Immutable dethrones Ethereum

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    Pudgy Penguins Joins Lufthansa for Real Travel Rewards

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    Solsniper Closes NFT Marketplace After 3.5 Years, Shifts Focus to Trading Bot Development

    Ethereum Token Platform Zora Sues Deloitte Over AI Trademark Dispute

    Ethereum Token Platform Zora Sues Deloitte Over AI Trademark Dispute

  • Gaming
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    How ‘MapleStory N’ Is Fighting Back Against Thousands of Hackers

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    Animoca Brands partners with Cross the Ages to support the launch of blockchain game

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    IN-Match3 Joins Forces with Adventure Layer to Scale GameFi, Boost Accessibility & Profitability

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    Civitas Migrates to Immutable zkEVM to Power Low-Cost, Scalable Web3 Gaming & Web3 Network Growth

    Doodles NFT Sticker Launch on Telegram Sells Out in 24 Hours

    Doodles NFT Sticker Launch on Telegram Sells Out in 24 Hours

    Crypto Casinos Made Over $80 Billion in 2024

    Crypto Casinos Made Over $80 Billion in 2024

    A16z-backed Spekter Games founder shares Telegram gaming ethos

    A16z-backed Spekter Games founder shares Telegram gaming ethos

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    How Mobile Apps Are Quietly Adopting Web3 Tech

    Location-Based Gaming NFTs: How GPS and Blockchain Are Changing the Way We Play

    Location-Based Gaming NFTs: How GPS and Blockchain Are Changing the Way We Play

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

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    LFG Boosts Token Launches with Community Power

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    Polyhedra Network launches Proof Cloud in open beta

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    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

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    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

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    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Does DCA Mean in Crypto? A Simple Breakdown – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    A Step-by-Step Guide for Beginners

    Long and Short Positions in Crypto Explained for Beginners

    Long and Short Positions in Crypto Explained for Beginners

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    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

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    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

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    What Is Asset Tokenization? Types, Why It Matters Now [2025]

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    Key Innovations, Challenges, and What Comes Next

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

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    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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‘Miracle year’ for ‘Godzilla’ Bitcoin – What this exec expects from 2024

February 5, 2024
in Bitcoin
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‘Miracle year’ for ‘Godzilla’ Bitcoin – What this exec expects from 2024
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  • Edan Yago believes Bitcoin is the unassailable leader in crypto
  • 2024 promises to bring groundbreaking enhancements and wider adoption for BTC

In the world of cryptocurrencies, Bitcoin (BTC) stands as the undisputed leader, a fact that was emphatically highlighted in a recent episode of the Wolf Of All Streets Podcast featuring Edan Yago. Yago, CEO and Founder of Epiphyte, offered an illuminating vision of BTC, not just as digital gold, but as the foundational layer for a new, decentralized financial system. He stated, 

“Bitcoin is the Godzilla of crypto. It’s the most secure and the only one that we can be sure is going to be here in five years and 10 years.”

Bitcoin’s bullish case

According to Yago, the king coin’s growth is centered on several technological and regulatory milestones beyond mere price appreciation. The recent approval of spot BTC exchange-traded funds (ETF) presents a potential watershed moment for institutional adoption. Moreover, the upcoming halving event is poised to tighten supply and trigger possible price hikes. 

Developers are adapting innovations like roll-ups, initially developed for Ethereum (ETH), to enhance Bitcoin’s functionality. These roll-ups promise to bring scalability, low-cost transactions, and the ability to execute complex smart contracts on the platform. in fac, Yago believes that the first notable roll-outs could potentially occur even before the middle of this year.

“Bitcoin in 2024 is going to have a miracle year it’s going to be like nothing we’ve ever experienced.”

This expansion is further supported by groundbreaking technologies such as Ordinals and BRC-20 tokens. These developments position it as a comprehensive platform for a wide array of applications, from non-fungible tokens (NFTs) to decentralized finance (DeFi) projects. It also eliminates the need to fork or alter the core code.

See also  Why Bitcoin may not be out of the woods just yet

Moreover, Bitcoin’s market size is threefold to that of Ethereum’s. So, projects that integrate DeFi into Bitcoin have the potential to scale significantly, he added. 

Are altcoins over?

The rise of Bitcoin does not necessarily spell the demise of altcoins like Ethereum and Solana (Sol). On the contrary, Yago believes it may lead to a diversification of the blockchain landscape, where each network finds its niche.

“I think, with Ethereum, there’s going to be a culture that develops around it probably where people become Ethereum loyalists maybe it becomes like the woke chain.”

He highlighted that Bitcoin’s dominance has a unique pattern. It typically fluctuates between 40% and 70%. Ethereum, on the other hand, has never really surpassed a 20% market share. Any shift in market dominance will not be a swift process, it may span over five to ten years. Nevertheless, Yago expects a gradual decline in Ethereum’s dominance during this timeframe.

Mainstream adoption of Bitcoin

The speaker also articulated how the convergence of digital adoption, mobility, and institutional skepticism, accelerated by the COVID-19 pandemic, solidified Bitcoin’s appeal. The inefficiency of current global transaction methods, exemplified by gold shipments for oil trades, starkly contrasts with Bitcoin’s simplicity and security.

Next: Bitcoin Halving 2024: How Bitcoin’s next halving will shape the crypto industry?

READ ALSO

Bitcoin nears $91K as buying pressure soars, but challenges emerge

Spot Bitcoin ETF Options – How U.S exposure is set to soar after CFTC’s notice


  • Edan Yago believes Bitcoin is the unassailable leader in crypto
  • 2024 promises to bring groundbreaking enhancements and wider adoption for BTC

In the world of cryptocurrencies, Bitcoin (BTC) stands as the undisputed leader, a fact that was emphatically highlighted in a recent episode of the Wolf Of All Streets Podcast featuring Edan Yago. Yago, CEO and Founder of Epiphyte, offered an illuminating vision of BTC, not just as digital gold, but as the foundational layer for a new, decentralized financial system. He stated, 

“Bitcoin is the Godzilla of crypto. It’s the most secure and the only one that we can be sure is going to be here in five years and 10 years.”

Bitcoin’s bullish case

According to Yago, the king coin’s growth is centered on several technological and regulatory milestones beyond mere price appreciation. The recent approval of spot BTC exchange-traded funds (ETF) presents a potential watershed moment for institutional adoption. Moreover, the upcoming halving event is poised to tighten supply and trigger possible price hikes. 

See also  Stacks network speeds up with Nakamoto upgrade, unveils sBTC

Developers are adapting innovations like roll-ups, initially developed for Ethereum (ETH), to enhance Bitcoin’s functionality. These roll-ups promise to bring scalability, low-cost transactions, and the ability to execute complex smart contracts on the platform. in fac, Yago believes that the first notable roll-outs could potentially occur even before the middle of this year.

“Bitcoin in 2024 is going to have a miracle year it’s going to be like nothing we’ve ever experienced.”

This expansion is further supported by groundbreaking technologies such as Ordinals and BRC-20 tokens. These developments position it as a comprehensive platform for a wide array of applications, from non-fungible tokens (NFTs) to decentralized finance (DeFi) projects. It also eliminates the need to fork or alter the core code.

Moreover, Bitcoin’s market size is threefold to that of Ethereum’s. So, projects that integrate DeFi into Bitcoin have the potential to scale significantly, he added. 

Are altcoins over?

The rise of Bitcoin does not necessarily spell the demise of altcoins like Ethereum and Solana (Sol). On the contrary, Yago believes it may lead to a diversification of the blockchain landscape, where each network finds its niche.

“I think, with Ethereum, there’s going to be a culture that develops around it probably where people become Ethereum loyalists maybe it becomes like the woke chain.”

He highlighted that Bitcoin’s dominance has a unique pattern. It typically fluctuates between 40% and 70%. Ethereum, on the other hand, has never really surpassed a 20% market share. Any shift in market dominance will not be a swift process, it may span over five to ten years. Nevertheless, Yago expects a gradual decline in Ethereum’s dominance during this timeframe.

See also  Bitcoin on edge: Short sellers vs a $86,600 BTC breakout

Mainstream adoption of Bitcoin

The speaker also articulated how the convergence of digital adoption, mobility, and institutional skepticism, accelerated by the COVID-19 pandemic, solidified Bitcoin’s appeal. The inefficiency of current global transaction methods, exemplified by gold shipments for oil trades, starkly contrasts with Bitcoin’s simplicity and security.

Next: Bitcoin Halving 2024: How Bitcoin’s next halving will shape the crypto industry?
Tags: BitcoinexecexpectsGodzillaMiracleYear

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