2024 Crypto Sector: ETF Approval and Challenges

Bitcoin ETFs approved by U.S. regulators, including major players like BlackRock and Fidelity, launched on January 11th, 2024.

Some entities in the cryptocurrency sector are rebranding as "cryptofinance," signaling a shift towards a more stable image.

Google updated its marketing rules to allow advertising of crypto ETFs online, indicating increased acceptance in mainstream finance.

Exposure of scams and bubble-prone tokens alongside market recovery has doubled the digital asset industry's valuation in the past year.

Reliability challenges persist in the cryptocurrency sector, highlighted by a five-hour outage on the Solana blockchain in February 2024, hindering integration into the broader financial system.

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