Month: January 2022
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Total Crypto Market Cap Will Reach 5 trillion USD In 2022 According to AvaLabs CEO
In 2022, John Wu, the CEO of Ava Labs, a blockchain business that creates the software for the Avalanche (AVAX) blockchain, offered a lot of fascinating forecasts for the cryptocurrency industry. Wu began by presenting Avalanche in an interview with Kelly Evans, anchor of CNBC’s “The Exchange,” on December 31, 2021: Avalanche is the fastest…
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U.S. Inflation Hits 7% First Time In 40 Years And What It Means To Bitcoin (BTC)
Inflation in the United States just reached 7%, the highest level in 40 years. The recent Consumer Price Index (CPI) data boosted Bitcoin and Ethereum prices by more than 3% and 4.5 percent, respectively, bringing their unit values above $43,000 and $3,300. While historical trends imply that the $11 trillion gold market is the best…