Investors expect another year of wild price swings, while researchers predict more crypto companies will go public.
As the price of bitcoin, ethereum and others skyrocketed, crypto companies made splashy moves.and Crypto.com aired a commercial featuring Hollywood star Matt Damon.
In perhaps the biggest move to date, the crypto world capped 2021 with Crypto.com buying the naming rights to the Staples Center in Los Angeles and"We will see even more crypto companies going public in 2022 than we saw in 2021 and several of them will have valuations of more than $5 billion," blockchain analytics firm Arcane Research predicted in a researchArcane also seems more crypto ETFs on the horizon, offering investors a way to test the waters while limiting the downside.
Andrea Hardison, a project manager for a technology consulting firm in Nashville, said she expects huge price swings in crypto in 2022 just like last year. But Hardison, who started buying crypto last April, still plans to continue pouring more money into hex, bitcoin, solana and ethereum, noting that some of her betsRobert White III, a workforce development case worker in St. Louis, is similarly unfazed by the rollercoaster crypto market.
"My approach will be consistent and steady," said White, who bought his first bitcoin in 2017 when it sold for $1,100."I'm hoping for three times growth of what I've invested, but crypto is so volatile that it can go so many different ways within a day."
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