• bitcoinBitcoin(BTC)$23,699.002.65%
    BITCOIN
    24H : 2.65%
    Volume : $45,108,164,069.00
    Marketcap : $456,687,998,056.00
  • ethereumEthereum(ETH)$1,665.635.07%
    ETHEREUM
    24H : 5.07%
    Volume : $12,633,927,750.00
    Marketcap : $200,622,150,885.00
  • tetherTether(USDT)$1.00-0.14%
    TETHER
    24H : -0.14%
    Volume : $57,599,646,683.00
    Marketcap : $67,866,202,146.00
  • usd-coinUSD Coin(USDC)$1.00-0.20%
    USD COIN
    24H : -0.20%
    Volume : $4,169,715,101.00
    Marketcap : $42,329,660,751.00
  • rippleXRP(XRP)$0.4142.93%
    XRP
    24H : 2.93%
    Volume : $1,288,307,671.00
    Marketcap : $21,020,149,072.00
  • cardanoCardano(ADA)$0.4036.15%
    CARDANO
    24H : 6.15%
    Volume : $675,249,499.00
    Marketcap : $14,134,741,776.00
  • dogecoinDogecoin(DOGE)$0.0931.62%
    DOGECOIN
    24H : 1.62%
    Volume : $1,391,799,971.00
    Marketcap : $12,758,779,141.00
  • okbOKB(OKB)$39.807.19%
    OKB
    24H : 7.19%
    Volume : $39,239,446.00
    Marketcap : $9,808,761,325.00
  • litecoinLitecoin(LTC)$99.614.93%
    LITECOIN
    24H : 4.93%
    Volume : $973,686,774.00
    Marketcap : $7,184,605,227.00
  • tronTRON(TRX)$0.0642.50%
    TRON
    24H : 2.50%
    Volume : $404,505,507.00
    Marketcap : $5,871,052,412.00
  • daiDai(DAI)$1.000.100%
    DAI
    24H : 0.100%
    Volume : $235,303,296.00
    Marketcap : $5,111,873,576.00
  • cosmosCosmos Hub(ATOM)$14.784.19%
    COSMOS HUB
    24H : 4.19%
    Volume : $407,150,685.00
    Marketcap : $4,325,085,238.00
  • chainlinkChainlink(LINK)$7.235.48%
    CHAINLINK
    24H : 5.48%
    Volume : $401,797,857.00
    Marketcap : $3,552,737,868.00
  • moneroMonero(XMR)$178.450.560%
    MONERO
    24H : 0.560%
    Volume : $109,841,989.00
    Marketcap : $3,238,201,040.00
  • leo-tokenLEO Token(LEO)$3.38-0.48%
    LEO TOKEN
    24H : -0.48%
    Volume : $845,618.00
    Marketcap : $3,147,635,358.00
  • ethereum-classicEthereum Classic(ETC)$22.575.44%
    ETHEREUM CLASSIC
    24H : 5.44%
    Volume : $255,298,353.00
    Marketcap : $3,141,114,037.00
  • bitcoin-cashBitcoin Cash(BCH)$139.145.71%
    BITCOIN CASH
    24H : 5.71%
    Volume : $583,300,908.00
    Marketcap : $2,685,475,770.00
  • stellarStellar(XLM)$0.0934.13%
    STELLAR
    24H : 4.13%
    Volume : $82,751,635.00
    Marketcap : $2,445,018,729.00
  • crypto-com-chainCronos(CRO)$0.0813.28%
    CRONOS
    24H : 3.28%
    Volume : $38,004,703.00
    Marketcap : $2,044,663,030.00
  • algorandAlgorand(ALGO)$0.2609.43%
    ALGORAND
    24H : 9.43%
    Volume : $132,102,676.00
    Marketcap : $1,869,615,521.00
  • vechainVeChain(VET)$0.0259.14%
    VECHAIN
    24H : 9.14%
    Volume : $118,450,946.00
    Marketcap : $1,792,576,710.00
  • eosEOS(EOS)$1.084.53%
    EOS
    24H : 4.53%
    Volume : $142,085,145.00
    Marketcap : $1,177,476,780.00
  • theta-tokenTheta Network(THETA)$1.098.42%
    THETA NETWORK
    24H : 8.42%
    Volume : $39,163,770.00
    Marketcap : $1,085,296,176.00
  • tezosTezos(XTZ)$1.116.18%
    TEZOS
    24H : 6.18%
    Volume : $37,039,214.00
    Marketcap : $1,020,839,141.00
  • huobi-tokenHuobi(HT)$5.6910.89%
    HUOBI
    24H : 10.89%
    Volume : $15,079,245.00
    Marketcap : $923,757,615.00
  • paxos-standardPax Dollar(USDP)$1.00-0.23%
    PAX DOLLAR
    24H : -0.23%
    Volume : $2,492,724.00
    Marketcap : $906,988,208.00
  • dashDash(DASH)$61.774.26%
    DASH
    24H : 4.26%
    Volume : $109,109,829.00
    Marketcap : $686,669,646.00
  • iotaIOTA(MIOTA)$0.2356.42%
    IOTA
    24H : 6.42%
    Volume : $17,245,665.00
    Marketcap : $653,552,762.00
  • makerMaker(MKR)$685.807.65%
    MAKER
    24H : 7.65%
    Volume : $27,858,467.00
    Marketcap : $617,616,338.00
  • zcashZcash(ZEC)$46.884.34%
    ZCASH
    24H : 4.34%
    Volume : $78,681,303.00
    Marketcap : $605,132,645.00
  • basic-attention-tokenBasic Attention(BAT)$0.2723.70%
    BASIC ATTENTION
    24H : 3.70%
    Volume : $55,662,349.00
    Marketcap : $405,190,136.00
  • ravencoinRavencoin(RVN)$0.0308.13%
    RAVENCOIN
    24H : 8.13%
    Volume : $18,059,014.00
    Marketcap : $354,510,281.00
  • nemNEM(XEM)$0.0392.22%
    NEM
    24H : 2.22%
    Volume : $12,870,581.00
    Marketcap : $352,412,515.00
  • decredDecred(DCR)$23.364.00%
    DECRED
    24H : 4.00%
    Volume : $1,969,992.00
    Marketcap : $343,394,643.00
  • bitcoin-goldBitcoin Gold(BTG)$17.476.74%
    BITCOIN GOLD
    24H : 6.74%
    Volume : $9,285,017.00
    Marketcap : $298,192,754.00
  • qtumQtum(QTUM)$2.766.34%
    QTUM
    24H : 6.34%
    Volume : $30,535,111.00
    Marketcap : $288,424,308.00
  • wavesWaves(WAVES)$2.648.40%
    WAVES
    24H : 8.40%
    Volume : $116,803,942.00
    Marketcap : $264,283,247.00
  • omisegoOMG Network(OMG)$1.488.13%
    OMG NETWORK
    24H : 8.13%
    Volume : $22,924,062.00
    Marketcap : $208,239,098.00
  • iconICON(ICX)$0.2246.40%
    ICON
    24H : 6.40%
    Volume : $18,274,441.00
    Marketcap : $201,288,040.00
  • 0x0x(ZRX)$0.23710.77%
    0X
    24H : 10.77%
    Volume : $26,882,825.00
    Marketcap : $200,665,359.00
  • ontologyOntology(ONT)$0.2166.75%
    ONTOLOGY
    24H : 6.75%
    Volume : $12,488,943.00
    Marketcap : $189,566,052.00
  • liskLisk(LSK)$0.9674.64%
    LISK
    24H : 4.64%
    Volume : $2,382,202.00
    Marketcap : $139,999,509.00
  • augurAugur(REP)$6.136.02%
    AUGUR
    24H : 6.02%
    Volume : $4,205,529.00
    Marketcap : $47,484,881.00
  • bytomBytom(BTM)$0.02320.61%
    BYTOM
    24H : 20.61%
    Volume : $1,266,425.00
    Marketcap : $41,649,036.00
  • bitcoin-diamondBitcoin Diamond(BCD)$0.1613.34%
    BITCOIN DIAMOND
    24H : 3.34%
    Volume : $115,284.00
    Marketcap : $30,310,956.00
  • monacoinMonaCoin(MONA)$0.4393.95%
    MONACOIN
    24H : 3.95%
    Volume : $185,443.00
    Marketcap : $0.00
Cryptotelegraph
  • bitcoin
    Bitcoin
    $23,699.00
  • ethereum
    Ethereum
    $1,665.63
  • tether
    Tether
    $1.00
  • binancecoin
    BNB
    $327.39
  • usd-coin
    USD Coin
    $1.00
    • News
      • Bitcoin News
      • Ethereum News
      • Crypto News
      • Crypto Technology
      • Analysis
      • Blockchain News
      • Industry News
      • NFTs
      • ICO News
      • Press Releases
    • Market Cap
    • Exchanges
    • ICOs
    • Videos
      • Bitcoin Videos
      • Ethereum Videos
      • Altcoin Videos
      • Blockchain Videos
      • ICO Videos
    • Submit Press Release
      • Read Press Releases
    • Contact Us
    No Result
    View All Result
    Cryptotelegraph.com
    No Result
    View All Result
    Home News Ethereum News

    Institutional Crypto Predictions For 2023: Ethereum, BTC, L2s, NFTs

    Andy K by Andy K
    December 28, 2022
    in Ethereum News
    Reading Time: 5 mins read
    15.6k 157
    0
    Institutional Crypto Predictions For 2023: Ethereum, BTC, L2s, NFTs
    2.7k
    SHARES
    68.3k
    VIEWS
    Share on FacebookShare on Twitter

    No less than three renowned crypto institutions have recently given their predictions for the coming year 2023 – and there seems to be one favorite: Ethereum. Other main themes for Coinbase, Darma Capital, and Cumberland include the migration of investors to quality projects, the burgeoning innovation from creative destruction, and some fundamental reforms for the crypto industry as a whole.

    The largest U.S. cryptocurrency exchange, Coinbase, estimates that crypto markets will not yet decouple from traditional financial markets in early 2023, with investors focusing on quality projects with sustainable tokenomics and mature ecosystems with liquidity.

    Coinbase Predicts Ethereum Ecosystem To Flourish

    Coinbase also predicts that the market for layer-1 competitors to Ethereum is oversaturated and that the coming year could be the year of layer-2 blockchains. Thus, Ethereum’s competitors will have a tough time, according to Coinbase. While ETH and the Binance Smart Chain (BSC) will hold up well, TVL will migrate to layer 2 solutions such as Polygon, Optimism, and Arbitrum.


    Get 30 FREE SPINS at Punt Casino – NO DEPOSIT REQUIRED! Start Playing Now.

    5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

    Coinbase also predicts another boom for NFTs, which will see an evolution to integration with personalized IDs, ticketing, subscriptions, real-world assets (RWA) tokenization, and supply chain logistics. In addition, more companies will integrate NFTs for brand building and customer engagement.

    Related Reading: Ethereum Price Downtrend Intact for this Reason, Market Muted

    As a result of human error in the demise of FTX and other projects in 2022, the American exchange expects regulatory clarity to be critical to the next cycle. Perhaps surprisingly, to some, Coinbase also says institutional lending will sprout and flourish in 2023 with improved due diligence processes – once the bottom is reached.

    As for the largest cryptocurrency by market cap, Bitcoin, Coinbase predicts that Mt Gox distribution will not be the big event in 2023, as some analysts claim. Those who wanted to sell have already sold. Moreover, the distributions will be staggered.


    BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?

    With regards to Ethereum, Coinbase shares a bullish outlook due to the Merge. ETH is able to be more efficient as a result of the move to proof of stake and is also deflationary. Moreover, the U.S. exchange predicts that the amount of liquid ETH will continue to decline once withdrawals from the deposit contract are possible after the Shanghai hard fork.

    Darma Capital Predicts ETH To Outperform Bitcoin

    Just like Coinbase, Darma Capital views the Ethereum Merge as a key development that will have a positive impact on the ETH price. The same goes for the Shanghai hard fork, which will lead to increased ETH staking.

    Related articles

    Total Ethereum (ETH) Staked On Lido Finance Reaches New Milestone

    Total Ethereum (ETH) Staked On Lido Finance Reaches New Milestone

    February 2, 2023
    Bitcoin and Ethereum Whale Activities Plummets, Are Whales Getting Bored?

    Bitcoin and Ethereum Whale Activities Plummets, Are Whales Getting Bored?

    February 2, 2023

    On a technical level, Darma sees proto-danksharding as a game-changer for ETH, while it expects innovations from Lido Finance and Obol Network. Fundamentally, Darma predicts that L2s will be key to adoption by the next wave of consumer-facing applications, mentioning Arbitrum, Optimism, and Immutable.

    “Vaporwave Chains” like EOS and Cardano will die out as they lose mainstream interest due to lack of on-chain adoption, Darma says.

    Related Reading: Bitcoin Price Keeps Fighting Near $17K, What Could Spark Upside Break

    The forecast for Bitcoin is not rosy either. According to the institution, BTC will lose market share to altcoins while Ethereum will accomplish the “flippening.” Responsible for this, according to Darma Capital, could be a lack of utility, ESG concerns, and a “failure as a digital gold.”

    In general, the digital asset risk management advisor expects that the macroeconomic situation will result in a freeze on interest rate hikes by the U.S. Federal Reserve until the second quarter of 2023. Consequently, the crypto market will see another bull run in Q3 2023.

    Three Emerging Narratives

    Cumberland DRW LLC expects challenging market conditions and clear regulatory frameworks in 2023 that will lead to innovative solutions. With this in mind, retail investors will focus on exchanges that can score with transparency, spot trading without prefunding, ISDAs & CSAs, the institution says.

    As three emerging narratives, the company identifies Bitcoin and Ethereum as reserve currencies, NFTs for IP tokenization, loyalty programs, and customer engagement, specifically citing MATIC, LOOKS, XMON, and GameFi.

    At press time, the Ethereum (ETH) price stood at $1,218.

    Ethereum ETH USD 2022-12-27
    ETH price, 4-hour chart

    Featured image from Moritz Knoringer / Unsplash, Chart from TradingView.com

    Tags: 2023bitcoincoinbaseethereumMATICNFTPolygonprediction

    Read More From Original Source

    Tags: 2023bitcoinMATICnftPolygonPrediction
    Share1094Tweet684
    Andy K

    Andy K

    Andy is a former Forex Trader who got involved in the crypto industry early January 2013. Since then Andy has been writing about cryptocurrencies and blockchain technology within various online crypto news publications. He is also one of the main contributors to Cryptotelegraph.com

    Fun Fact : Despite other staff members helping themselves daily - Andy has a 'never-ending' container of 'Jelly beans' always sat on his desk, it's magic!

    Related Posts

    Total Ethereum (ETH) Staked On Lido Finance Reaches New Milestone

    Total Ethereum (ETH) Staked On Lido Finance Reaches New Milestone

    by Andy K
    February 2, 2023
    0

    Ever since Ethereum transitioned to a proof of stake (PoS) consensus mechanism, the popularity of liquid staking protocols such as...

    Bitcoin and Ethereum Whale Activities Plummets, Are Whales Getting Bored?

    Bitcoin and Ethereum Whale Activities Plummets, Are Whales Getting Bored?

    by Andy K
    February 2, 2023
    0

    Over the past few weeks, Bitcoin and Ethereum have moved significantly, initiating a bull run. While the rally seems to...

    Ethereum Price Hits $1,700 and ETH Is Poised For More Upsides

    Ethereum Price Hits $1,700 and ETH Is Poised For More Upsides

    by Andy K
    February 2, 2023
    0

    Ethereum is up over 5% and trading above $1,650 against the US Dollar. ETH could rise further if it clears...

    Ethereum Price Could Take-off If It Clears This Key Resistance Zone

    Ethereum Price Could Take-off If It Clears This Key Resistance Zone

    by Andy K
    February 1, 2023
    0

    Ethereum is attempting a fresh increase above the $1,580 resistance against the US Dollar. ETH could gain bullish momentum if...

    Litecoin Basks In Green As LTC Inches Closer To $100 Mark

    Litecoin Basks In Green As LTC Inches Closer To $100 Mark

    by Andy K
    February 1, 2023
    0

    Litecoin starts February on a lovely note, as the second oldest cryptocurrency is all aglow in green. According to CoinGecko,...

    Load More

    Discussion about this post

    Partners

    Crypto Prices

    bitcoin Bitcoin
    $23,699.00
    $23,699.00
    EUR: €21,505.09
    GBP: £19,126.37
    7D Chart2.65%
    ethereum Ethereum
    $1,665.63
    $1,665.63
    EUR: €1,511.44
    GBP: £1,344.25
    7D Chart5.07%
    tether Tether
    $1.00
    $1.00
    EUR: €0.908
    GBP: £0.808
    7D Chart-0.14%
    binancecoin BNB
    $327.39
    $327.39
    EUR: €297.08
    GBP: £264.22
    7D Chart5.72%
    usd-coin USD Coin
    $1.00
    $1.00
    EUR: €0.908
    GBP: £0.808
    7D Chart-0.20%
    ripple XRP
    $0.414
    $0.414
    EUR: €0.376
    GBP: £0.334
    7D Chart2.93%
    cardano Cardano
    $0.403
    $0.403
    EUR: €0.366
    GBP: £0.326
    7D Chart6.15%
    polkadot Polkadot
    $6.60
    $6.60
    EUR: €5.99
    GBP: £5.33
    7D Chart7.13%
    litecoin Litecoin
    $99.61
    $99.61
    EUR: €90.39
    GBP: £80.39
    7D Chart4.93%
    uniswap Uniswap
    $7.01
    $7.01
    EUR: €6.36
    GBP: £5.66
    7D Chart8.18%
    wrapped-bitcoin Wrapped Bitcoin
    $23,716.00
    $23,716.00
    EUR: €21,520.52
    GBP: £19,140.09
    7D Chart2.91%
    chainlink Chainlink
    $7.23
    $7.23
    EUR: €6.56
    GBP: £5.84
    7D Chart5.48%
    monero Monero
    $178.45
    $178.45
    EUR: €161.93
    GBP: £144.02
    7D Chart0.560%
    bitcoin-cash Bitcoin Cash
    $139.14
    $139.14
    EUR: €126.26
    GBP: £112.29
    7D Chart5.71%
    stellar Stellar
    $0.093
    $0.093
    EUR: €0.084
    GBP: £0.075
    7D Chart4.13%
    aave Aave
    $90.23
    $90.23
    EUR: €81.88
    GBP: £72.82
    7D Chart11.22%
    eos EOS
    $1.08
    $1.08
    EUR: €0.978
    GBP: £0.870
    7D Chart4.53%
    tezos Tezos
    $1.11
    $1.11
    EUR: €1.01
    GBP: £0.896
    7D Chart6.18%
    bitcoin-cash-sv Bitcoin SV
    $43.31
    $43.31
    EUR: €39.30
    GBP: £34.95
    7D Chart2.34%
    havven Synthetix Network
    $2.59
    $2.59
    EUR: €2.35
    GBP: £2.09
    7D Chart15.79%
    • Trending
    • Comments
    • Latest
    Blockchain | Hack Script 2020 GENERATES Unlimited 100% WORKING bitcoin hacked

    Blockchain | Hack Script 2020 GENERATES Unlimited 100% WORKING bitcoin hacked

    March 14, 2020
    Blockchain unconfirmed transaction hack 100% Working! New proof!

    Blockchain unconfirmed transaction hack 100% Working! New proof!

    March 13, 2020
    Blockchain Hack Script 2020 GENERATES Unlimited Bitcoin 100% WORKING bitcoin hacked

    Blockchain Hack Script 2020 GENERATES Unlimited Bitcoin 100% WORKING bitcoin hacked

    February 11, 2020
    🔥 Forsage 🚀 (Fast and Furious) – Fully Decentralized Matrix program on Ethereum Smart Contract 🔥

    🔥 Forsage 🚀 (Fast and Furious) – Fully Decentralized Matrix program on Ethereum Smart Contract 🔥

    March 31, 2020
    Ripple XRP Token

    Ripple and XRP – The Convoluted Truth Behind XRP’s Creation

    0
    Bitcoin cash hard fork. BitcoinCash Hard fork (BCH Hard fork)

    Bitcoin Cash ‘hard fork’ What you need to know about it

    0
    Crytotelegraph - Crypto News & Reviews - Bitcoin & Altcoins

    Bitcoin price news: 10 year forecast shows bitcoin ‘WON’T DIE’ Latest BTC prediction

    0
    BAKKT Futures: BAKKT Warehouse & Bitcoin Exchange

    Will Bakkt Send Bitcoin’s price skyrocketing?

    0
    Total Ethereum (ETH) Staked On Lido Finance Reaches New Milestone

    Total Ethereum (ETH) Staked On Lido Finance Reaches New Milestone

    February 2, 2023
    Bitcoin and Ethereum Whale Activities Plummets, Are Whales Getting Bored?

    Bitcoin and Ethereum Whale Activities Plummets, Are Whales Getting Bored?

    February 2, 2023
    Ethereum Price Hits $1,700 and ETH Is Poised For More Upsides

    Ethereum Price Hits $1,700 and ETH Is Poised For More Upsides

    February 2, 2023
    Ethereum Price Could Take-off If It Clears This Key Resistance Zone

    Ethereum Price Could Take-off If It Clears This Key Resistance Zone

    February 1, 2023

    Cryptotelegraph.com




    The Cryptotelegraph is a Crypto News Magazine ‘Startup’ that hunts high and low to compile the very latest crypto news and reviews from around the web, whilst at the same time producing thought provoking articles and interpretations surrounding the cryptocurrency market today!


    Read More





    Disclaimer

    Information found on Cryptotelegraph is those of referring websites (or) writers quoted. It does not represent the opinions of Cryptotelegraph on whether or not to buy, trade, sell or hold any investments. You are advised to conduct your own research before making any investment decisions. Use all provided information at your own risk. Full disclaimer.

    Crypto News

    Total Ethereum (ETH) Staked On Lido Finance Reaches New Milestone

    Bitcoin and Ethereum Whale Activities Plummets, Are Whales Getting Bored?

    Ethereum Price Hits $1,700 and ETH Is Poised For More Upsides

    Ethereum Price Could Take-off If It Clears This Key Resistance Zone

    Litecoin Basks In Green As LTC Inches Closer To $100 Mark

    XRP Price Prediction: Uptrend Remains Intact Above $0.38

    Donations Welcome




    Bitcoin Address : 3AhxNswMkD5tjJJ544NRCwWhCDXHJ5GTzq

    Ethereum Address : 0x9627FB741C19e1a70E7006F2B0D0c26d14AA1816

    Bitcoin Cash Address : qq93an6n9unnu496vpcx684zekkmn4yk6g79kllf7d

    Litecoin Address : MKVphBBJkBbjSh4D6aFLds9XHE1rnS9iHW





    © Copyrights 2017 - 2021 Cryptotelegraph.com. All Rights Reserved.

    Contact    About    Privacy & Cookie Policy

    No Result
    View All Result
    • News
      • Bitcoin News
      • Ethereum News
      • Crypto News
      • Crypto Technology
      • Analysis
      • Blockchain News
      • Industry News
      • NFTs
      • ICO News
      • Press Releases
    • Market Cap
    • Exchanges
    • ICOs
    • Videos
      • Bitcoin Videos
      • Ethereum Videos
      • Altcoin Videos
      • Blockchain Videos
      • ICO Videos
    • Submit Press Release
      • Read Press Releases
    • Contact Us

    © Cryptotelegraph.com

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.