From Nasdaq, Inc.:

Bitcoin is expected to come back stronger in 2024 with multiple factors supporting its growth. The introduction of a Bitcoin spot ETF will contribute to higher investor participation and wider adoption. Furthermore, potential rate cuts by the Federal Reserve and expansionary monetary policies are expected to support Bitcoin.

Riot Platforms (RIOT) is said to be an attractive investment opportunity with strong financials and plans for expansion. The company’s hash rate capacity is expected to increase significantly over the next few years, positioning it for strong growth.

Coinbase (COIN) stock has surged in the last 12 months and is likely to continue its upward trend in 2024. The company’s global expansion and plans to launch crypto derivatives in the European Union will contribute to its growth.

Bitfarms (BITF) is an attractive penny stock due to its aggressive growth plans, strong balance sheet, and increased mining capacity. The company’s liquidity buffer and debt-free status further support its strong fundamentals.



Read more: Bitcoin’s Ripple Effect: 3 Crypto Stocks Eyeing 200% Gains in 2024