Future of CryptoCurrency

What is next in 2022 after the big success of cryptocurrency in 2021. 2021 was a “breakthrough”
said Dave Abner who is head of global development at Gemini. Major companies and states like
the U.S have expressed their interest in cryptocurrency’s new regulations. Also, the U.S bank
recently created bitcoin custody services that enable hedge funds to take a stake in this
amazing digital currency.

Bitcoin also attracts people to it and their attention toward bitcoin skyrockets. It is an amazing
and most interesting topic for investors and also for this popular culture.

Analysts conclusion that the cryptocurrency global market will be triple of today by 2030:
Once cryptocurrency became familiar among fringe communities of anti_establishment
investors, it is now becoming a very household name. Its global market will triple by 2030, and
the evaluation of its future is around $5 billion. No one can ignore the rising tide of
cryptocurrency.

Power to the people:

Investors of cryptocurrency are growing steadily all around the world, and its recent growth is
explosive.
Source: GWI Core Q2 2018-Q2 2021 | Base: 2,045,787 internet users aged 16–64 across 47
markets | Question: What kind of savings/investments do you have? (Cryptocurrency).

Many lawmakers around the world are trying to establish laws and guidelines to make
cryptocurrency safe for investors and to get rid of cybercrimes

Investors of cryptocurrency are probably to get hurt if stricter regulations are not introduced.
All-time regulations of cryptocurrency come with hurdles. “ there are different agencies that may
or may not have jurisdiction to oversee everything ” says wang(king of china).

What a crypto ETFs means for investors:

The first crypto ETF was launched on the New York exchange last October. This new face of
development represents a more effective and traditional way to invest in cryptocurrency.

Crypto ETFs are exchange-traded funds that track the value of cryptocurrency and their trade in
the traditional market exchanges. They permit investors to invest in cryptocurrency without any
inconvenience of utilizing cryptocurrency exchange while providing a hold to its price.

How it works:
A crypto ETF might work similarly, the price of one share of an ETF would fluctuate with the
price of the cryptocurrency. If the value of cryptocurrency increases, also the value of the ETF
increases, and vis_a_vis. Besides, an ETF might trade in an exchange market like the NYSE or
TSX instead of a cryptocurrency exchange.
Broad institutional that adopt cryptocurrency:
Popular and mainstream corporations across multiple industries are interested in cryptocurrency
and some of them are investing in cryptocurrency i-e.AMC announced that it will accept bitcoin
payments by the end of 2021 and some other companies are also taking interest in bitcoin
payments.

Some experts predict that very soon global companies will start adopting cryptocurrency and
also that what they are looking for is the involvement of mainstream corporations in
cryptocurrency.

Future of bitcoin:
A good indicator of the crypto market is bitcoin only. Because bitcoin is the biggest
cryptocurrency by market.

Bitcoin’s price skyrocketed in 2021, and in November it went over $68000 setting the new
all-time high price. Another expert and author of “cryptocurrency Investing For Dummies”, Kiana
Danial predicted that bitcoin will hit $100,000.