After a short New Year’s break, we’re back with our cryptolunch. We take a look at the live Bitcoin price and the prices of the top 25 crypto. In addition, we zoom in on crypto trends and a special development in NFTs.
Of course, we won’t get started without wishing you, also on behalf of the entire team at WANT, a healthy, happy and prosperous 2022.
We begin our cryptolunch as usual with a review of the live Bitcoin price and the prices of the top 25 crypto.
Live Bitcoin price flat, prices top 25 crypto negative
At the time of writing, the live Bitcoin price is quoting EUR 41,261.33 ($46,637.18). This is 0.13% lower than yesterday at lunchtime and also lower than during our last crypto lunch last year.
Even among the top 25 crypto, it is currently a flat market. Many crypto currencies remain neutral with prices between + 1% and – 1%, but of course there are outliers to note. Today, the crypto coin with the most losses in 24 hours is Polygon (MATIC), which loses 3,38%. The biggest winner of the day is ChainLink (LINK), which records 7.26% gain. Of course, also in the new year you can find all live crypto prices 24 hours a day on the site of Tradeincrypto.com.
Are these the crypto trends of 2022?
In the first days and weeks of the year people always look ahead and we will also pay a lot of attention to the expected trends, developments per crypto and predictions. To give you an impression, we listed what influencers think will be the trends. These are their thoughts:
Bitcoin is not expected to do well. They expect a big crash that could lead to prices below $ 10,000. They also expect increasing regulatory pressure.
People are even less enthusiastic about the stable coins. The lack of audits on the investments which should guarantee stability is expected to be a problem. It is expected that the U.S. authorities will be the first to respond with strict regulations. In time, insiders say, this will lead to the disappearance of stable coins because, as contradictory as it sounds, they will pose too high a risk.
There is less certainty about the future of NFT. There are doubts about the viability of these digital (art) properties, but because marketplaces are probably qualified as ‘art dealers’, the regulatory burden may be a lot less stringent.
Two notes on these crypto trends
When I see these predictions it strikes me that these are the most negative predictions I’ve read so far. Although Amy Castor claims that her predictions for 2021 all came true I don’t expect that next year. If only because these predictions concern the American market. Outside of America, there is also enough market to profitably trade Bitcoin, stable coins and NFTs. Moreover, many niches, such as NFTs, are emerging and large companies are entering them.
You can now enjoy your NFT offline
One of the developments is to make digital art visible offline. With the possibilities that are now being developed it is possible to view your NFT’s with art when you are not online. You can read how that works on technologiesite.nl.
Spotting other investments besides crypto?
Of course, many investors use a mixed portfolio. For them, we bring you our weekly price overview via our sister site MANNERS.nl. In the special investment year overview, you can see the results of important investments in 2021 and we look ahead to the expectations for the start of 2022. We are also working hard on our crypto annual review. You will find it next weekend on the site as the Crypto weekend special.
Want to stay informed about the latest price developments?
You can always follow the developments yourself with our WANT crypto analyses or the background articles and previews on the crypto market and Bitcoin. Of course, you can also follow the live quotes 24 hours a day if you want to stay informed in real-time. Are you interested in other investments besides crypto? Then you might want to read our weekly price forecast.
Note: We never give financial advice, so our contributions should not be interpreted as such. Always do your own research and decide rationally if, when, what and how much you want to invest.