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Title: Bitcoin Soars, marking Start of Crypto Super Cycle: GAVE Public Blockchain Poised for Growt
United States, 8th Dec 2023 - Driven by the anticipated approval of Bitcoin spot ETFs and bets on U.S. interest rate cuts, Bitcoin (BTC) has set a new 19-month high, momentarily surpassing $44,000, propelling the total market value of cryptocurrencies to exceed $1.5 trillion. A prominent business journalist at a leading financial news agency recently suggested that this is just the beginning of a new crypto super cycle, predicting the bull market will push Bitcoin beyond the $500,000 mark! This forecast is seen as a sign that cryptocurrencies are reshaping the traditional financial and monetary order.Bitcoin ETF Approval Imminent, Triggering Major Gains in the Digital Currency MarketIn the cryptocurrency market, the role of public blockchains is always central. It is anticipated that the approval of the Bitcoin ETF early next year will undoubtedly make the RWA (Real World Assets) track one of the engines of the new bull market. In the last bull market, many public blockchains saw hundredfold increases in value. What will be the points of interest in this bull market, and what miracles will GAVE create?GAVE, as an emerging public blockchain token, stands at the crossroads of potential success. Challenges faced by Ethereum, such as performance bottlenecks and high transaction costs, have rapidly inflated the market demand for a new generation of public blockchains. Reviewing Ethereum's history, which has long dominated the crypto market, it is evident, as mentioned earlier, that the landscape of public blockchain tracks in bull markets is changing. Review of the Last Bull Market: The Rise of Public Blockchains and GAVE's Strategy in the RWA TrackDuring the 2021 bull market, major public blockchains like Binance Smart Chain (BNB Chain), Polygon, and Solana rose to pro...
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