Time for 2021 predictions!

2021 is certainly starting with a bang with #BTC above $30k and #ETH crossing $1k. Some macro trends are emerging and will play out in 2021. Thread below

1/ Crypto Mass Adoption: It did not take many new entrants to send #bitcoin to all-time high in 2020. With trillions of dollars sitting on the sidelines from retail and institutional investors alike, it is really just the beginning for #crypto #adoption!

2/ Growth of Institutional Crypto Brokerages/Custodians and Asset Managers: Institutions will turn towards institutional facilitators when entering the crypto markets, while others will choose asset managers like Grayscale.

3/ Continued Growth in DeFi: DeFi will continue to grow significantly in 2021 , and the TVL will increasingly be captured by aggregators and decentralized asset managers (like #DeFi Earn), which offer the ability for investors to set-and-forget their investments.

4/ NFTs - Art, Collectibles, and the Tokenization of Everything: We believe #NFTs, especially digital collectibles and art , will continue to trend upwards as creators join in and new platforms emerge. More to share on this space soon!

5/ Smart Contract Chain Scalability: ETH continues to be the platform to watch, especially layer 2 solutions.
We expect some of the activity to migrate to alternative chains with strong #ecosystems, and at an accelerated pace if #scalability solutions fail to deliver on ETH.

6/ Growth in Global Regulatory Frameworks: As crypto becomes more mainstream, we should expect further regulation for all custodial players in the crypto industry and the first attempts to regulate non-custodial players (esp. via the Travel Rule).

7/ Crypto Options Will Finally Hit the Big Time: An ancillary storyline for the institutional adoption of crypto is that crypto derivatives will see a tremendous growth, in particular we anticipate an explosion in crypto #options.

An exciting year ahead for the world and for crypto!
As the fastest-growing regulated player in the space, http://Crypto.com  will continue to drive the industry forward and power our retail & institutional customers to achieve their full growth potential in 2021!