Crypto Market Outlooks for 2024 from a16z, Fidelity, Coinbase, Pantera and More

Quick Take Summary is AI generated, newsroom reviewed. Ethereum ETFs recorded $60.82 million in net inflows on November 26. Bitcoin ETFs saw $21.12 million in net inflows, with Fidelity’s FBTC posting an outflow. ETFs provide easier, safer access to cryptocurrencies for both retail and institutional investors. Steady inflows indicate growing confidence in crypto markets and wider adoption potential.References On November 26, Ethereum spot ETFs recorded a total net inflow of $60.82 million, marking four con

- XRP confirmed an hourly golden cross as two U.S. XRP ETFs drove $164M inflows, boosting price 7.05% to $2.20 amid broader altcoin rebound. - Long-term XRP holders sold 84M tokens (56% weekly increase), signaling profit-taking risks despite short-term accumulation and $3 price targets. - Shiba Inu saw 1.36T SHIB volume spike near support levels, suggesting strong-hand accumulation but failed to break above $0.0000080 resistance. - Bitcoin faces bearish "dead cat" pattern near $90K, with ETF outflows and t

- Monad (MON) surged to $0.048 with 140% weekly gains, driven by mainnet launch boosting TVL to $150M and 8.9M transactions. - $269M Coinbase token sale and 3.3B airdrop fueled growth, while 50.6% token supply locked until 2029 aims to stabilize supply dynamics. - Wormhole's MON cross-chain gateway targets Solana liquidity, but fake transfers and 27% team allocation raise decentralization concerns. - Bitstamp's Hayes forecasts $10 price target as $1.2B daily volume triples market cap, though TVL sustainabi