5 crypto predictions for second half of 2022

economictimes.indiatimes.com:

crypto assets to say the least. A series of unfortunate events have seen the industry take one hit after another, throwing away projections that industry experts had made when the year began on the back of Bitcoin reaching an all-time high last November. Even though it seems difficult to predict what might happen hereon, we’ve listed a few predictions about how the rest of 2022 might look like for both — crypto investors and enthusiasts.

Here they are, in no particular order. The industry will stay volatile Volatility will continue to remain the buzzword for the crypto industry in 2022. The year began on an upbeat note for the entire industry but multiple shock events such as the war in Ukraine to decades-high inflation in the US and many countries and rising oil prices spooked equity and crypto markets in equal measure.

Worryingly, most of these issues have not shown any signs of going away anytime soon. This means that volatility will continue in global markets as well as the crypto industry throughout 2022. The winter spell will definitely ease but without any clear incoming signs, it’s difficult to predict when things will start to get better.

Crypto regulations are coming The European Parliament’s Markets in Crypto Assets Law unveiled late last month has become the first comprehensive regulation around crypto assets with many experts saying the law could be a trendsetter globally. On a related note, India’s Finance Minister Nirmala Sitharaman has also raised concerns about cryptocurrencies being used for harmful activities and has called for a global solution. Industry heads in the crypto space themselves are hoping for some kind of government intervention that will allow them to function more freely.