Crypto experts predict which altcoins to look out for in 2022
Last night, The Independent held a virtual event centred around cryptocurrency. Among the topics were forecasts for next year, including which altcoins could see massive growth, and where the price of bitcoin and other leading cryptocurrencies could be heading.
The distinguished panel included experts in everything from trading and investing, to fintech laws and regulations:
- Will Harborne, CEO of the decentralised cryptocurrency exchange DeversiFi
- Dr Iwa Salami, associate professor at the University of East London
- Fred Schebesta, founder of financial comparison platform Finder.
The hour-long session is available to watch for free online, right here.
A popular metric for measuring crypto market sentiment has retreated away from the “extreme fear” territory it was trending within earlier this week.
The recent market downturn saw a significant dip into the rare zone for the Bitcoin Fear and Greed Index, which analyses a variety of factors to estimate the general outlook and feelings of investors and traders.
“Extreme fear can be a sign that investors are too worried. That could be a buying opportunity,” the Index’s creators explain. “When Investors are getting too greedy, that means the market is due for a correction.”