6 crypto trends for the next 3 years
2019 was a great year for Cryptocurrency, and we expect to be even more wonderful in 2020 and the years ahead. Despite all the odds, cryptocurrencies are witnessing a great rise. More and more people are now investing in Cryptocurrency. This is just one of the few ways in which cryptocurrencies are transforming our lives. In this blog, we will explore six popular crypto trends that will lay the foundation stone for the transformation in the years to come.
Six crypto trends to look for:
- Rise of national currencies- Yes, it’s a fact that cryptocurrencies are now more than a decade old, and we have new currencies coming in, some of them are Bitcoin, Litecoin, Pi, Altcoin, etc. The rise of these currencies is no more restricted to certain companies; rather, several nations are looking forward to creating their national cryptocurrencies. China, Russia, Japan, Sweden are a few nations that are marching towards the launch of their national digital currencies.
- Big names are also not lagging- The impact of the rise of cryptocurrencies can be felt even in big industries. Companies like Facebook, Tencent, AirAsia, J.P. Morgan, and Mitsubishi are now exploring digital assets. They have a separate division hiring cryptocurrency experts who can help them analyze the benefits of digital assets and their use in different segments.
- AI Accountants- Another trend that we will be observing in the times to come is that the accounting experts will start using smart tools to help their clients make informed decisions. But, you don’t need to rely on real accountants, rather we will have smart AI tools that are going to minimize human interaction and let the machine do the task. Concepts like crypto cost basis can challenge even the most intelligent accounts. Hence, they need to pick up these concepts by going for cryptocurrency certification that will eventually help them assess the working of the crypto world. In the times to come, we are going to see a great demand in cryptocurrency experts who have the idea of cryptocurrency trading, which can eventually help the investors to invest in digital assets.
- A new career- Well, when we talk about the growing crypto trends, we cannot miss how it influences the career options. Many companies are now looking for cryptocurrency experts who have cryptocurrency trading certification or have cryptocurrency online degrees, which makes them have expertise over this concept such that they can implement the best knowledge. Cryptocurrency certification has become one of the most sought-after skills of many organizations.
- Halving of Bitcoin will eventually lead to a higher demand for cryptocurrency trading- 2020 is a remarkable year in any sense. One such dramatic event that will happen this year is the halving of Bitcoin. It will decrease the amount of Bitcoin rewarded to the miner; this wil reduce from 12.5 to 6.25 BTC. Halving creates scarcity in the crypt market, which eventually has a supply-side increase.
- Rise of DeFi- Decentralized Finance or DeFi is also going to rise in 2020 and the year to come. DeFi’s secured platform promotes margin trading and free lending possibilities. As per Nasdaq, CDPs or collateralized Debt Positions will promote digital assets to be used as collateral to get loans. This is a great development, and we will see it rising from the year 2020.
These were a few of the many developments in the field of Cryptocurrency. Crypt trading is also becoming a popular concept. But for any individual to indulge in it, it is important that they must have the right knowledge. Cryptocurrency trading certification is a great option. One can not only learn about the concepts of Cryptocurrency, but at the same time, it helps in understanding the application part.
Parting Shot-
Cryptocurrency is going to become one of the most promising changes in the time to come, and with the cryptocurrency trading certification, you can join the bandwagon of this change. Blockchain Council offers this lucrative opportunity wherein you will learn about Cryptocurrency and trade in it. So, join the course today and master the crypto world.