Crypto Forecast: How Crypto Develops after the Crackdown?

March 7, 2023
Meiru ZhongThis article was written by Meiru Zhong – Financial Analyst at I Know First.

Summary

  • The cracks within crypto were exacerbated by the meltdown of the stablecoin ecosystem Terra and the bankruptcy of exchange FTX.
  • The role of Bitcoin is still dubious but the blockchain technology behind it is durable.
  • There is no guarantee for profitability even if big money flooded in this digit assets investment.
  • Regulation is a double sword, which hindered most of the crypto-related firms from direct investments. But Fidelity has still embraced the stakes proactively.
  • It is realistic to believe that Bitcoin will return in 2023 as the bubble has disappeared, investors have obtained lower-risk opportunities, and new technologies continue to advance.

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Cryptocurrency Price Prediction: I Know First Crypto Currencies Coverage Update

March 9, 2022

Summary:

  • I Know First updated the cryptocurrency package which covers 106 cryptocurrencies.
  • The updated package has an overall average return of 12.15% in the 7-day horizon from February 24th to March 3rd, 2022 where LUNA/USD is the best pick with a return of 51.45%.
  • I Know First continues to perfect the AI algorithm and provides Cryptocurrency services to both institutional and private customers.
The algorithm of I Know First tracks and provides forecasting for a broad range of cryptocurrencies to help our clients construct an effective portfolio based on their preferences and investment periods from 3-day to 1-year horizons. We have updated the cryptocurrency forecast package which covers now 106 cryptocurrencies.

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