If you have ever heard of cryptocurrencies, by now, you may have heard of Bitcoin investment. The Future of Bitcoins Revolution has provided a simplified platform for trading. Cryptocurrencies have been sweeping the globe in the past few years, and experts are saying that it's going to make waves for years to come.
With such significant growth already, some are wondering how high Bitcoin can go in 2022. To answer this question, let's take a look at some of the upcoming Bitcoin news and events that could affect the value of this cryptocurrency over the next five years.
Latest Bitcoin News and Events That Crypto Investors Should Know
What will the price of Bitcoin be in 2022? The price of Bitcoin has been on an impressive run over the past year, and it’s currently approaching the $5,000 mark at the time of writing this article.
Many experts believe that crypto-currencies are going to be more widespread in the next few years and even decades. Is this true? Let’s explore the latest Bitcoin news and events to help you have an overall better idea.
The New York Stock Exchange Announces Plans to Begin Trading Cryptocurrencies
The New York Stock Exchange (NYSE) has recently announced the acceptance of cryptocurrencies on its exchange platforms. This is, no doubt, a big move as cryptocurrency legitimization. This is mainly because NYSE is known to be one of the most reputed stock exchange platforms out there. The move will also make it easier for mainstream investors to get involved in the cryptocurrency market.
The US Federal Reserve has approved plans for a major financial institution, Signature Bank of New York, to purchase and sell cryptocurrencies, resulting from a big move towards the acceptance of cryptocurrencies.
Launch of Crypto Index Fund At Coinbase For Investors
Coinbase, one of the most popular cryptocurrency exchanges, has announced the launch of a new Index Fund for institutional investors. The fund will track the Coinbase Index, a basket of the top cryptocurrencies traded on the Coinbase platform. The Crypto Index fund is known to be available only for accredited investors who are ready to invest a minimum of $250,000.
NASDAQ Has Started Offering Blockchain-Based Digital Securities
The world's second-largest stock exchange by market capitalization, Nasdaq, has announced that it will offer digital securities using blockchain technology. This move could signal mainstream adoption of blockchain-based assets. With this news, Nasdaq joins a growing list of traditional financial institutions that are exploring blockchain technology.
Square Cash App Supports Crypto Payments
The popular Cash App by Square now supports cryptocurrency payments. This is big news for the crypto community, as it could help to increase mainstream adoption of digital currencies.
With this app, the traders can easily buy and sell Bitcoins as well as make payments effortlessly. While this is a great step forward, it's important to remember that Bitcoin is still a volatile asset and should be treated as such.
Goldman Sachs Acquires Trading Platform in Preparation for Bitcoin Futures Trading
This is another exciting news for cryptocurrency lovers. However, some experts always advise being cautious while making investment decisions. With huge figures in cryptocurrency market price, the risks of scams continue to rise. However, with proper research, investing in Bitcoin can result to be quite worthwhile.
Crowdfunding Campaign Raises $70 Million USD in 4 Days, ICO Now Underway
A new cryptocurrency called Bitcoin is making waves in the virtual currency world. This cryptocurrency operates in a free environment. All the transactions are executed between two users. Rather, it relies on peer-to-peer networking and cryptography to maintain its integrity.
Wrapping it up !!!
As we've seen in the past, Bitcoin is a volatile currency. Its value can rise and fall quickly, making it a risky investment. Due to the increasing market demand for Bitcoins, popular businesses from all around the world have started accepting Bitcoins as their preferred payment methods. So, what does the future hold for Bitcoin? Only time will tell. It is too early to make any prediction and make a conclusive answer to it. But one thing's for sure: it's sure to be an eventful year for the world's most famous cryptocurrency.