There are a few days to 2021. Cryptocurrencies markets have experienced very active days. Considering the events in 2020, it is certain that 2021 will be more active. Let's take a brief look at the important events in 2020. Let's share our views for 2021.
Covid-19 started to spread rapidly, and all markets, including cryptocurrencies, had a huge crash. There have been historical collapses in Bitcoin, Ethereum and coins. March 12 went into crypto currency history as "Black Thursday".
The third halving of Bitcoin took place. Bitcoin mining rewards have halved after the halving. 11 May
We have seen the great development of the Decentralized Finance (DEFI) market. The DEFI market closes the year 2020 with a market volume of approximately $ 18 billion. Chainlink (LINK), Yearn.finance (YFI), Uniswap (UNI), Aave (AAVE) projects have contributed significantly to the development of DEFI.
PayPal has joined the crypto money market and started buying and selling Bitcoin and altcoins of its users.
The Bitcoin Cash (BCH) network has been split into two new blockchains. The split occurred in November between Bitcoin Cash ABC (BCHA) and Bitcoin Cash Node (BCHN).
Ethereum 2.0 went live on December 1st. With this upgrade, the Ethereum network will transition from Proof of Work to Proof of Stake. It will provide many advantages to Ethereum. DEFI will continue to attract projects
S&P Dow Jones Indices announced that it will launch cryptocurrency indices in 2021. This development has created a great excitement in the cryptocurrency community ..
In 2020, crypto fraudsters stole over $ 1.8 billion. In 2020, the value lost as a result of crypto crimes has increased by 160%.
The development of the DeFi industry has become the new domain for fraudsters. The DeFi boom also brought huge profits. It gave crypto scammers the ability to dispose of large sums. Money laundered in kind.
Twitter accounts of well-known names have been hacked by cryptocurrency gift fraud.
The scam market is estimated to have increased by 2500% since 2017.
2021 Expectations…
The adoption of cryptocurrencies, especially Bitcoin, as an investment tool by major financial and investment firms (MicroStrategy, Square, Ruffer, American Express, JP Morgan, Citibank, Deutsche Bank…) has been an important development. S&P Dow Jones Indices announced that it will launch cryptocurrency indices in 2021. With the trust provided by cryptocurrencies, the age of blockchain technology has started. I am sure that 2021 will be a dizzying year. We must be open to all kinds of developments and make the most of opportunities. Take care of yourself and your family. I congratulate all living creatures on the New Year in advance.
See you in the blockchain age ...