Ric Edelman, one of the leading names in investment advisory and the founder of Digital Assets Council of Financial Professionals, announced his 22 forecasts for 2022. Cryptocoin. com we transfer the details
Ric Edelman’s 22 predictions about Bitcoin and altcoin space
- Crypto market cap will end the year higher than it started.
- By the end of the year, more than 500 million people worldwide will own Bitcoin.
- The combined market share of Bitcoin and Ethereum will fall below 50%.
- Tokenization will skyrocket, both in terms of quantity and asset class.
- The US Securities and Exchange Commission (SEC) will approve a Bitcoin ETF.
- NFTs will be widely used in trading.
- “Metaverse” will be well known by the end of the year.
- Professions such as DeFi farmers and NFT speculators will pave the way.
- European Commission to pass cryptocurrency regulations.
- Over 50 members of Congress will announce that they personally own crypto.
- Jamie Dimon will stop saying Bitcoin is worthless.
- By the end of 2022, more than a third of American adults will own Bitcoin.
- Tens of thousands of millennials will replace or refinance debt with crypto loan opportunities.
- Supply chains will continue to be monitored via Blockchains.
- At least one more country will accept Bitcoin as legal tender.
- At least one more country will issue a CBDC.
- When asked in surveys whether Bitcoin will hit zero, less than 10% of financial advisors will say yes.
- The standard allocations for financial professionals recommending digital assets to clients will be between 3% and 5%.
- More than 10% of American adults will become a DAO member.
- FASB will review its rules explaining how cryptos should be recorded on corporate balance sheets.
- The inclusion of cryptos in the traditional 60/40 portfolio will be heavily debated.
- More than ten thousand financial professionals will enroll in the Blockchain and Digital Assets Certification program.
