Cryptocurrencies

2022 Crypto Predictions – What to Expect

Everyone in the crypto community knows that crypto predictions are rarely accurate; However, this does not exclude that people like to see a clear picture. Because of this, experts are trying to predict what might happen in the crypto market in 2022. It can be said that 2021 was an average year for the trading sector, even when most cryptocurrencies are currently facing price adjustments. We should remember that on January 1, 2021, the price of Bitcoin was only $32,127. Now, even the most popular digital currency is worth over $47,000. It already means a lot.

However, it was even more important for the crypto market to get it and its recognition this year in addition to the price. The SEC confirmed the Bitcoin ETF. Accordingly, Coinbase began trading on the U.S. Stock Exchange. Will 2022 live up to expectations in terms of cryptocurrency adoption? According to Nasdaq, experts believe this is possible.

In 2021, the crypto community grew significantly; Especially because traditional financial assets did not meet the expectations of investors to maintain or increase their capital. However, this does not mean investors have dispelled doubts about the crypto market. For this very reason, some financial advisors do not advise users to invest in cryptocurrencies. The reason is the lack of a clear regulatory and compliance framework.

It is worth noting that almost half of the financial advisers believe that their clients asked about cryptocurrencies in the last six months. Last year these digits were lower. Consequently, analysts expect that financial advisers will have to leap in 2022 when crypto regulation and the market are maturing. In parallel, it is likely that larger retailers such as Walmart, Amazon will join the crypto community.

What to Expect – 2022

The previous forecast is closely related to the crypto market regulation. Nasdaq believes experts expect a new batch of rules and compliance actions to emerge in 2022. According to the director of Klaros Group, these actions will cause frustration in the crypto community, but they will ultimately be profitable. At the same time, Gemini’s product manager said that the crypto-investor profile will develop significantly in 2022.

Today, according to Gemini’s 2021 American Cryptocurrency Report, only 26% of cryptocurrency owners are women. What can we expect in 2022? It is known that almost two-thirds of adults in the US are crypto-curious. Though they care, they do not own cryptocurrencies, and 53% are women.

Experts expect Microsoft or PayPal to join the crypto market in 2022. More women are also likely to enter the crypto industry. The crypto market has grown significantly, although the debate continues over whether cryptocurrencies have intrinsic value. Some experts believe that crypto has no future. However, some believe that cryptocurrency fermentation will start in 2022.

However, the final picture at the end of the year looks like this – Bitcoin will once again be able to surpass the S&P 500. Ethereum will outperform other layer-1 blockchains. Video game companies will continue to capture the NFT world. At the same time, the number of crypto companies will increase. Most importantly, it is likely that by the end of 2022, Bitcoin ETFs will occupy more than 1 million BTC.

Share
Published by
Vicki Wright

Recent Posts

  • Stock Markets

Doximity Class Action: Key Allegations Ahead of Deadline

Quick Look: Doximity is accused of misleading investors on business growth and profitability from February… Read More

2 hours ago
  • Commodities

Copper Hits Record High of $11,000 per Ton

Quick Look: Copper prices hit a record $11,000 per ton in 2024 due to supply… Read More

2 hours ago
  • Technology

China’s Xpeng AeroHT Aims to Deliver Flying Cars by 2026

 Quick Look: Xpeng AeroHT aims to deliver its first flying car by 2026, targeting the… Read More

3 hours ago
  • Cryptocurrencies

SOL Surges 50% in May, Hits $170 High

Quick Look: SOL surged from $112 to $168 in May, reaching $170 recently, marking a… Read More

8 hours ago
  • Cryptocurrencies

Genesis to Return $3B in Bankruptcy Liquidation Plan

Quick Look: Genesis Global Holdco LLC's liquidation plan, promising $3B to creditors, has court approval.… Read More

9 hours ago
  • Forex

NZD/USD Rises to 0.6150 Amid RBNZ and Fed Speculations

Quick Look: NZD/USD  pair is priced at 0.6150, up from 0.6130, ahead of the RBNZ… Read More

10 hours ago