![]() Tether, the world’s biggest stablecoin, appears controversial over whether it has enough assets in its reserves to justify being tied to the dollar. Another area of regulator interest is likely to be stablecoins, which are tokens whose value is tied to the price of assets such as the U.S. Ayyar told CNBC that he expects to see some clarification on the legal “gray zone” of cryptocurrencies other than Bitcoin and Ethereum. Vijay Ayyar, vice president of corporate development and global expansion at crypto exchange Luno, predicts 2022 will be a big year on the regulatory front. Crypto Prediction #5: Regulators Have Their Eye on CryptocurrencyĬryptocurrency regulation is expected to be a key issue in 2022. However, entrepreneurs such as Elon Musk and Jack Dorsey remain skeptical. Web3 calls for a new, decentralized iteration of the internet incorporating blockchain and non fungible tokens. Supporters of Web3 assert that online platforms are under the control of a few companies, such as Amazon, Apple, Alphabet, and Facebook’s parent company Meta. Deposits into DeFi services surpassed $200 billion in 2021, and demand is expected to grow in 2022.Ĭarol Alexander said that investors looking to make gains in smaller areas of crypto will want to watch Ethereum, Solana, Polkadot, and Cardano coins in 2022.ĬNBC reported that DeFi is part of a broader trend called Web3. ![]() DeFi aims to recreate traditional financial products without middlemen, while DAOs could be considered a new internet community. However, because the market is now large and mature enough to support it, analysts believe a Bitcoin Spot ETF will be approved.Ĭrypto Prediction #4: Moving Toward Decentralized Finance (DeFi)Įmerging crypto developments such as decentralized finance (DeFi) and decentralized autonomous organizations (DAOs) are “likely to be the highest growth areas of crypto,” believes Bryan Gross, network steward at crypto platform ICHI. The Securities and Exchange Commission allowed the launch of ProShares’ Bitcoin Strategy ETF last year, but that just tracks Bitcoin futures contracts. Some crypto investors predict that the first spot Bitcoin exchange-traded fund (ETF) in the United States could be approved this year, giving investors direct exposure to the cryptocurrency itself. Crypto Prediction #3: The First Spot Bitcoin ETF Could Get Approved CoinTelegraph, BlockFi co-founder Flori Marquez agrees, crediting regulatory clarity and improved understanding of the industry for helping drive greater adoption. Crypto Prediction #2: A Lot More Investors Will Adopt BitcoinĬrypto prediction: According to The Ascent, Ric Edelman, founder of the Digital Assets Council of Financial Professionals, predicts that more than 500 million people worldwide will own Bitcoin by the end of 2022. In short, crypto predictions are all over the place. Others write that Bitcoin won’t reach more than USD $70,000 by the end of 2022. In Analytics Insight, Sanyal says that market analysts predict that Bitcoin could hit USD $100,000 by the end of 2023, and others say it can climb to the mark in the first quarter of 2022. Sayantani Sanyal reported that many factors point to higher Bitcoin prices, namely greater acceptance by businesses in higher demand from Bitcoin ETFs. He thinks it has been decided and is probably priced in. ![]() Yuya Hasegawa, a crypto market analyst at Japanese digital asset exchange Bitbank, believes the most significant risk factor is by the Fed. Carol Alexander, a Sussex University professor of finance, expects Bitcoin to plummet to a low of $10,000 in 2022, which would erase most of its gains in the past year and a half. ![]() They leaped to a record high of almost $69,000 in November, but they are now below $50,000, down nearly 30 percent from its high. Some interesting crypto predictions to watch out for in 2022 include:Ĭrypto Prediction #1: Heading for a Crypto Crash or an Exciting Climb?Ĭryptocurrency prices could fall further in 2022. Looking at the future of cryptocurrency, if the past is any indication, investors in cryptocurrency are in for an exciting ride. ![]() The digital currency has been up nearly 70 percent since the start of 2021, driving the entire crypto market to a combined $2 trillion in value. exchange-traded fund linked to Bitcoin launched in October.Īccording to CNBC, the best-known cryptocurrency, Bitcoin, had a good year. Coinbase debuted in April 2021 (the first major crypto company to go public), and the first U.S. There are as many predictions as there are analysts charting the future of cryptocurrency.Ĭrypto continued its popularity in 2021. Will cryptocurrency soar, plummet, or tease investors along an unpredictable path for the foreseeable future? Will Bitcoin continue its volatility? Will regulation play a more significant role? Which type of cryptocurrency will be the best bet this coming year? ![]()
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