OK Group founder starokg feels optimistic about 2023 for the cryptospace, here's why Bitcoin elonmusk
, expressed hope that the upcoming year 2023 is going to be more optimistic than 2022, which is almost over now.In his tweet,"Star" Xu mentioned several key events that upset the space and put selling pressure on the crypto market — the bankruptcy of the Three Arrows Capital fund , the FTX exchange and SBF, the crash of the LUNA token, the problems with liquidity faced by Genesis and so on.
The recent collapse of the FTX giant pushed Bitcoin from the $18,200 peak it had managed to reach by early November to the level lower than the 2017 all-time high, $16,573. Ethereum sank back under $1,200, and many other digital currencies were thrown down on charts too. However,"Star" Xu looks into the coming 2023 with optimism. He tweeted that, while there have been many blows to the crypto industry in 2022, there were also positive developments in this tech-driven space. The influencer mentioned the invention of Ethereum, proof of work, the implementation of SegWit, DeFi and others.All of these, he added, pushed the cryptocurrency market to grow to the value of a trillion USD.
Luna,3AC,Ftx,Genesis…A lot of accidents make crypto guys feel frustrated.But look back to the history of crypto,it's a technology driven industry,Pow,ETH,SegWit,Defi ,ZK drive the whole market cap grow to trillion size. I'm optimistic to the 2023.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Eastside Community Development Corp CEO optimistic about 2023 for historic neighborhood - Jacksonville Business JournalEastside has a lot to look forward to between projects, residents and further establishing the historic community’s position as more development happens.
Read more »
Eastside Community Development Corp CEO optimistic about 2023 for historic neighborhood - Jacksonville Business JournalEastside has a lot to look forward to between projects, residents and further establishing the historic community’s position as more development happens.
Read more »
First Mover Asia: 3 Crypto Predictions for 2023 From Digital Asset Manager 3iQ's Research HeadThe head of research for digital asset manager 3iq_corp expects crypto prices to rise by Q3 in 2023, and offered other predictions for the year ahead. Bitcoin rises slightly even as it limps home in 2022. JPRubin23 writes
Read more »
Italian Parliament Approves 26% Crypto Gains Tax Under 2023 BudgetItaly's parliament has backed Prime Minister GiorgiaMeloni's 2023 budget, which introduces a 26% capital gains tax for crypto. iamsandali reports
Read more »
2023 CMC Crypto Playbook: According to CMC | CoinMarketCap[CMC Playbook] 🔎 🔹Crypto Market Overview 🔹Bitcoin and Ethereum Key Events 🔹Understanding Crypto Through CMC 🔹Frontier of the Crypto Market 🔹Around the World With CMC Here's the last of CMC's Wrap-Up Report of 2022! 😉
Read more »
FTX, Congress, Stablecoins: What 2023 May Bring for Crypto RegulationsCrypto regulations made strides this year, and 2023 may see some of the proposed rules actually take effect. CoinDesk's policy team explains what people should watch for this upcoming year. nikhileshde writes in this week's State of Crypto newsletter.
Read more »