Wednesday, September 28

Arcane Research Releases Its Cryptocurrency Predictions For 2022 By CoinTelegraph

© Reuters. Arcane Research publishes its crypto predictions for 2022

Arcane Research, the blockchain data research company, has taken a look at the year reported in its final 2021 report and offered its predictions for the cryptocurrency markets heading into 2022.

Arcane Tuesday’s report “The Weekly Update” focuses on () and Ether (ETH), but delves into other major currencies, decentralized finance (DeFi), memecoins, non-fungible tokens (NFTs), derivatives and others. Arcane offered a prediction of what will happen in 2022 with each topic covered in the report.

  • “Bitcoin Will Replace the Dollar”: Possibility or Delusion?

“Bitcoin will outperform the S&P 500 in 2022” The report noted that through 2021, Bitcoin has outperformed the S&P 500 index. Bitcoin is up 73%, while the S&P 500 is up 28% this year, and Arcane estimates that Bitcoin will continue with this performance next year. The S&P 500 benchmark index encompasses the 500 largest companies listed on US exchanges.

Read the full article on Cointelegraph

Legal warning: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Leave a Reply

Your email address will not be published.