Today news
About the same in other media
Bitcoin and Ethereum Price Predictions for 2022
Reading now: 359
______
The past year has been another great year for the cryptoasset market, with bitcoin (BTC) having almost doubled in price year-to-date, and the total crypto market capitalization increasing from just over USD 750bn to almost USD 3trn.
For bitcoin’s part, the price gains this year were fueled by major developments like El Salvador becoming the first country to make the cryptocurrency legal tender, and electric car maker Tesla becoming the biggest company so far to add bitcoin to its balance sheet.
Similarly, ethereum (ETH) also saw major bullish developments this year, with the implementation of the EIP-1559 upgrade which for the first time introduced a supply-reducing token burn mechanism, arguably being the most important one.
And while
Read more on cryptonews.comAbout this in other media
The bigger picture: What does El Salvador’s Bitcoin city mean for the global crypto market? economictimes.indiatimes.com /2 years ago
Paraguayan Senate to Debate Taking Bitcoin Mining ‘Out of the Grey Area’ cryptonews.com /2 years ago
Expert calls El Salvador’s Bitcoin volcano bonds, ‘Michael Saylor playbook for a country’ ambcrypto.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
