Bulletpoints: • Bitcoin had a year-to-date performance of -65% in 2022, the second-worst year since 2011. • Physical gold outperformed digital gold, Bitcoin, due to high inflation. • Arcane Research predicts that Bitcoin will trade in a mostly flat range in 2023, but finish the year with a higher price than it started. In 2022, […]
Monthly Archives: December 2022
Solana Plunges 20% After FTX Implosion, Needs New Support
• Solana has been on a downtrend since the implosion of the FTX crypto exchange, losing more than 20% of its value in the last 7 days alone. • The collapse of FTX, the asset’s biggest supporter, has caused a lack of faith in the digital asset and put added pressure on its price. • […]
Crypto Predictions for 2023: Money Laundering, SEC Pressure and More
• Gabriel Shapiro, a US attorney with more than a decade of experience, has made predictions for the coming year 2023 in terms of US crypto law. • He predicts that there will be a money laundering issue related to cryptocurrencies uncovered on a national level. • He also suspects that, under regulatory pressure from […]