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Bitcoin Hits $100,000: What Experts Are Saying About This Historic Milestone

by THEFUTURE.TEAM

December 5, 2024

Bitcoin has shattered the $100,000 mark, reaching $103,225 and marking a 45% surge since Donald Trump’s election victory on November 5. This record-breaking milestone is a testament to the cryptocurrency’s growing adoption and institutional interest, fuelled by expectations of a favourable regulatory environment under the incoming U.S. administration.

The surge has been largely driven by strong inflows into U.S. bitcoin-backed exchange-traded funds (ETFs). Analysts agree that this level is more than just a number; it signifies Bitcoin’s increasing legitimacy as both an asset and a financial tool.

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The Key Drivers Behind Bitcoin’s Rally

The nomination of Paul Atkins as chair of the Securities and Exchange Commission (SEC) is widely seen as a turning point. Atkins, known for his less aggressive stance on cryptocurrency regulation, has boosted market confidence, encouraging investors to pour capital into the sector.

Experts suggest that institutional money has played a pivotal role in driving Bitcoin’s price upward. Around 3% of Bitcoin’s total supply has been acquired by institutional investors in 2024, signalling a shift from retail-driven trading to broader adoption by large-scale investors.

Additionally, Bitcoin’s psychological breakthrough at $100,000 has attracted fresh interest from retail investors, further driving momentum. Analysts believe that this milestone could inspire a new wave of adoption, especially as Bitcoin ETFs gain traction.

Broader Implications for the Crypto Market

This achievement reflects the growing maturity of the cryptocurrency market. Bitcoin’s role as a store of value, akin to gold, is becoming more entrenched, particularly in a world facing economic uncertainty and geopolitical risks. Investors increasingly view Bitcoin as a hedge against inflation and a safe haven amid fiscal challenges in traditional economies.

The milestone has also brought renewed attention to other cryptocurrencies like Ethereum, which many believe is undervalued in comparison. As Bitcoin’s dominance grows, analysts predict that institutional interest will soon expand to Ethereum ETFs and other digital assets.

Caution Ahead Despite Optimism

While the $100,000 milestone is being celebrated, some analysts caution that profit-taking could create short-term volatility. There are also questions about how Bitcoin will perform during potential market corrections or economic downturns.

Despite these concerns, the consensus remains optimistic. Bitcoin’s resilience in navigating regulatory challenges and its growing integration into mainstream finance suggest a bright future. Many experts anticipate that Bitcoin could climb even higher, potentially reaching $120,000 by 2025, as institutional and retail adoption continues to accelerate.

A Defining Moment for Cryptocurrency

Sixteen years after Bitcoin’s first block was mined, reaching $100,000 is a symbolic moment that highlights its transformation from a niche asset to a globally recognised financial tool. With a total market capitalisation of $2.1 trillion, Bitcoin now stands alongside gold and tech giants like Apple and Microsoft as one of the world’s most valuable assets.

As adoption widens and regulatory clarity improves, Bitcoin’s journey is far from over. This milestone is not just about breaking records—it’s about the cryptocurrency’s growing role in shaping the future of global finance.

Dubai International Airport (DXB) Retains Title As The World’s Busiest International Airport In 2024

by THEFUTURE.TEAM

January 17, 2025

Dubai International Airport (DXB) has once again earned the title of the World’s Busiest International Airport with a total of 60.2 million seats in 2024. This follows its similar achievements in 2023 and 2019, underscoring the UAE’s strategic position in global aviation. DXB’s capacity saw a significant 7% year-on-year growth compared to 2023, as well as a 12% increase over pre-pandemic levels in 2019.

OAG’s report, which calculates the busiest airports based on international airline capacity, placed DXB in the lead, with Atlanta Hartsfield-Jackson International Airport (ATL) coming in second overall when including both domestic and international flights. The rankings highlight DXB’s role in shaping the global aviation sector, aided by the UAE’s efficient infrastructure and positioning as a key air traffic hub.

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Top 10 Busiest International Airports In 2024

Following DXB, London Heathrow Airport (LHR) secured the second spot with 48.4 million seats, marking a 4% increase in capacity from 2023. Seoul Incheon International Airport (ICN) made an impressive leap, moving up four places to claim third with 41.6 million seats, reflecting a 24% capacity growth compared to 2023.

Other notable airports in the top 10 include Singapore Changi (SIN) in fourth place with 41.5 million seats, and Amsterdam Schiphol (AMS) in fifth with 40 million. Istanbul Airport (IST) showed the most substantial growth in capacity among the top 10, increasing by 20% to reach 38.6 million seats, securing sixth place.

Noteworthy Changes In Rankings

Paris Charles de Gaulle (CDG) followed in seventh place with 38.5 million seats, while Frankfurt Airport (FRA) ranked eighth with 35.7 million. Hong Kong International Airport (HKG) had the most significant year-on-year capacity increase in the top 10, up by 40%, although still 23% behind 2019 levels. Qatar’s Hamad International Airport (DOH) rounded out the top 10 with 32.5 million seats, experiencing a 13% increase from 2023.

Global Overview: Top 10 Busiest Airports In 2024 (Including Both Domestic And International Flights)

The busiest airport globally in 2024 was Atlanta Hartsfield-Jackson (ATL), with 62.7 million seats. It maintained its top position from 2023 and 2019, although capacity was up just 2% year-on-year and slightly down from 2019 by 1%. Tokyo Haneda Airport (HND) secured third place with 55.2 million seats, a 5% increase from 2023.

Dallas Fort Worth International Airport (DFW) moved into fifth place, surpassing its pre-pandemic capacity by 18%. Denver International (DEN) saw the highest growth among the top 10, with a remarkable 24% capacity increase, moving it to sixth position.

Shanghai Pudong International (PVG) saw a 29% increase in capacity compared to 2023, largely driven by China’s post-pandemic recovery in air travel, propelling PVG from 15th in 2023 to 9th in 2024.

The rankings of the busiest airports reveal the resilience of global aviation and the recovery of regions like China, while also underscoring the growing importance of airports in the Middle East and North America. With substantial growth expected to continue, these airports will play a pivotal role in the global recovery and expansion of air travel in the coming years.