As 2022 approaches, cryptocurrencies are only one hand away from becoming a fully valid part of the world’s major finances, according to most financial analysts. And that’s just right, given that this year has been marked by huge events for cryptocurrencies.
El Salvador’s acceptance of bitcoin as legal tender, China’s heavy restrictions on cryptocurrency mining, India’s threat to ban all private cryptocurrencies, and record highs for bitcoin are just some of them.
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The investment bank said in which assets it is better to invest next year and forecasts the growth of cryptocurrencies
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More and more big investors are entering the crypto game, even the social network Facebook itself is entering the world of virtual money directly through its metauniverse.
Here are some of the best forecasts for the cryptocurrency sector for 2022, according to industry experts quoted by Business Insider:
- If the countries take a hostile position, the adoption of cryptocurrencies will be much slower, predicts Vitek Radomski, co-founder of the blockchain platform Enjin.
- The price of ether, which is second only to bitcoin in terms of market capitalization, will rise at a much faster pace than its rival, according to Tom Higgin, CEO of the Gold-I asset management platform.
- Video games in which you have to pay with cryptocurrencies will become very popular, says Nick Saponaro – co-founder and CEO of the decentralized payment ecosystem Divi Project. He adds that larger companies such as GameStop and Epic will start making many such games next year.
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Cryptocurrencies modeled after bitcoin are collectively called altcoins and are often tried to be presented as modified or improved versions of bitcoin
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- Bitcoin will gain dominance over stocks in 2022, says Mike McGlone, chief crypto analyst at Bloomberg Intelligence.
- The first remote Fortune 500 company will announce its official headquarters in one of the competing metauniverses, predicts Brandon Arvanaghi, CEO of crypto startup Meow.
- The metauniverse will become the new interface through which people engage with the network and with each other, says Justin Bannon, co-founder of the decentralized Boson Protocol network.
- The market capitalization of the crypto economy will rise from a peak of $ 3 trillion in 2021 to over $ 7.5 trillion, according to Rohit Talwar, CEO of Fast Future. According to him, by the end of next year at least 25 countries will use digital currency of their central banks.
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For a little over 10 years, bitcoin has made more and more people comply with the currency
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