Perspectives on Cryptocurrencies for 2021
Here's what to expect for the high volatile cryptocurrency market in 2021.
The post Perspectives on Cryptocurrencies for 2021 appeared first on LUXUO.
Image: Unsplash
Looking at the way the markets have kicked off 2021, you?d be forgiven for thinking that money doesn?t matter not just tonight, but every night thereafter as well.
“Money don’t matter 2 night
It sure didn’t matter yesterday
Just when u think u’ve got more than enough
That’s when it all up and flies away
That’s when u find out that u’re better off
Makin’ sure your soul’s alright
Cuz money didn’t matter yesterday,
And it sure don’t matter 2 night?”
? Money Don?t Matter 2 Night by Prince and the New Power Generation, off the album Diamonds and Pearls Â
Excess liquidity has flooded the financial markets and lifted asset classes from commodities to cryptocurrencies.Â
From a fledgeling movement in response to the (at the time) unprecedented fiscal stimulus that bailed out banks in the 2008 financial crisis, Bitcoin and cryptocurrencies have since taken on a life of their own and emerged as a nascent asset class in their own right.Â
So what does 2021 have in store for cryptocurrencies"Â
Expect More Regulation
Image: Unsplash
The nomination of cryptocurrency and blockchain-savvy Gary Gensler to helm the Biden administration?s Securities and Exchange Commission could finally see a more concerted push to regulate the digital asset s...
The post Perspectives on Cryptocurrencies for 2021 appeared first on LUXUO.
Image: Unsplash
Looking at the way the markets have kicked off 2021, you?d be forgiven for thinking that money doesn?t matter not just tonight, but every night thereafter as well.
“Money don’t matter 2 night
It sure didn’t matter yesterday
Just when u think u’ve got more than enough
That’s when it all up and flies away
That’s when u find out that u’re better off
Makin’ sure your soul’s alright
Cuz money didn’t matter yesterday,
And it sure don’t matter 2 night?”
? Money Don?t Matter 2 Night by Prince and the New Power Generation, off the album Diamonds and Pearls Â
Excess liquidity has flooded the financial markets and lifted asset classes from commodities to cryptocurrencies.Â
From a fledgeling movement in response to the (at the time) unprecedented fiscal stimulus that bailed out banks in the 2008 financial crisis, Bitcoin and cryptocurrencies have since taken on a life of their own and emerged as a nascent asset class in their own right.Â
So what does 2021 have in store for cryptocurrencies"Â
Expect More Regulation
Image: Unsplash
The nomination of cryptocurrency and blockchain-savvy Gary Gensler to helm the Biden administration?s Securities and Exchange Commission could finally see a more concerted push to regulate the digital asset s...
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