Discover the top news in crypto for the week!
This week, Sygnum previews its predictions for crypto in 2022 while more countries turn digital assets into a booster for their economies. Next year will register many more developments in crypto, including Ethereum’s consensus shift, play-to-earn gaming, NFTs, and more. Find out the top 5 crypto news of this week.
Digital Asset Outlook 2022 Preview: User adoption
2021 was a full year for crypto, with many developments pushing the industry forward. Sygnum is previewing its Digital Asset Outlook with predictions for crypto in 2022. Sygnum experts envision the mainstream adoption of cryptocurrencies for payments, offering decentralised, fast, and cost-effective transactions compared to legacy alternatives. Bitcoin will experience more adoption as a safe haven asset, while the applications securing the decentralised infrastructure will emerge. Read more
‘Blockchain Rock’: Gibraltar moves to become world’s first cryptocurrency hub
Will Gibraltar become the first global crypto hub? A blockchain firm, Valereum, is looking to buy the Gibraltar Stock Exchange (GSX), turning it into the first hub where investors can trade bonds and crypto. If regulators approve this corporate takeover, it will have deep implications for crypto worldwide, starting a new phase of integration with traditional markets. The risks for Gibraltar are high, but the finance sector already plays a big role in the country’s economy, while crypto could grow it even more. Read more
Video games and their communities are influencing the Metaverse
Gaming is leveraging the growth of cryptocurrencies and their mainstream adoption by incorporating tokenization. At the same time, technology companies like Meta (formerly Facebook) are investing in the Metaverse and gamification of its platforms to attract people. The new digital world will open the door for people to generate income from their hobbies, even turning them into full-time careers. Read more
How Ethereum will be transformed in 2022
2022 will be a significant year for Ethereum’s development, with its change to a Proof-of-Stake (PoS) consensus coming to fruition amid ETH 2.0. The shift in Ethereum’s underlying consensus will cause many changes, including increasing the decentralisation and scalability of the network. Transaction fees may remain similar or slightly increase, but the network’s energy consumption will reduce while ether’s economics will become deflationary, increasing its value. Read more
The biggest tech trends of 2022, according to over 40 experts
Crypto, blockchain technology, NFTs, decentralised finance (DeFi), Web 3, and the Metaverse are among the top tech trends for 2022. Venture capital investors, crypto executives, and entrepreneurs gave their top predictions for Fast Company, and the rise of crypto adoption is a joint expectation. Web 3 is also a pivotal area for awareness in 2022, with issues circumventing security and privacy in the current Web 2 product suite leading people to experiment with decentralised alternatives. Read more
This document is purely for educational purposes and has been issued by Sygnum Group. It is not intended for distribution, publication, or use in any jurisdiction where such distribution, publication, or use would be unlawful, nor is it aimed at any person or entity to whom it would be unlawful to address such a marketing communication. It does not constitute an offer or a recommendation to subscribe, purchase, sell or hold any security or financial instrument. It contains the opinions of Sygnum Group, as at the date of issue. These opinions and the information contained herein do not take into account an individual‘s specific circumstances, objectives, or needs. No representation is made that any investment or strategy is suitable or appropriate to individual circumstances or that any investment or strategy constitutes personalized investment advice to any investor. Therefore, you must verify the above and all other information provided in the document or otherwise review it with your external advisors. Some investment products and services, including custody, may be subject to legal restrictions or may not be available worldwide on an unrestricted basis. The information and analysis contained herein are based on sources considered as reliable. Sygnum Group uses its best efforts to ensure the timeliness, accuracy, and comprehensiveness of the information contained in this document. Nevertheless, all information indicated herein may change without notice.