VegaX 2021 “Top 5” Predictions for Digital Assets 🎯

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#1 Bitcoin hits $50,000 by the end of the year 🚀

The supply dynamics will contribute significantly to the growth in price as only ~900 coins are being mined on a daily basis compared to double that in 2017.

#2 Ethereum approaches $2,000 within 2021 📈

Ethereum has just pierced its all-time high of approximately $1,400 in the first few weeks of 2021.

#3 Additional Regulatory Turmoil Due to Lack of Clarity and Lawsuits Creating Major Changes in the Top 20 Protocols by Market Capitalization ⛔

Ripple is being sued by the US Securities and Exchange Commission (SEC) with an unregistered securities lawsuit, regarding whether the early distribution of pre-minded XRP constitutes as a securities offering and if XRP stock should have been registered accordingly.

#4 Consolidation within the Global Cryptocurrency Industry 🌐

There is sentiment amongst deal sponsors that crypto exchange consolidation is coming, because according to Dushyant Shahrawat, a director of FinTech Investment Banking, “There is greater appetite for acquisitions, which is matched by an ability to pay for assets.” Binance leads the way with its purchase of leading data provider CoinMarketCap, and Gojek’s $72 million stake in Coins.ph.

#5 Inclusion of Digital Asset Investment Products into Traditional Asset Management Portfolios ✅💰

A number of high profile investors such as Paul Tudor Jones, Bill Miller and Stanely Druckenmiller have added bitcoin to their portfolios and have revealed their positive outlook for long term investment in bitcoin and it’s ability as a safe haven asset.

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VegaX Holdings

VegaX Holdings

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VegaX: The Future of Digital Asset Management — Innovation of Proprietary Indices and Next-Gen Digital Asset Management Products. https://vegaxholdings.com