By the end of 2022, Bitcoin will reach rock bottom

The World Is Gloomy

Many cities in mainland China, including Shanghai, are caught up in a covid-related lockdown, and this is negatively affecting companies around the world.

Governments are taking harsher positions on crypto.

The Indian government is against cryptocurrencies.

The government has introduced a flat 30% tax on cryptocurrency profits

The experiment in El Salvador’s failing.

There will be crypto exploits and scams in 2022.

$615 million in losses from Ronin, $326 million from Solana Wormhole, $181 million from Beanstalk flash loan attack, and $80 million from Qubit

Investors are using too much crypto leverage.

The hype around the metaverse is dent.

The announcement that Bored Ape Yacht Club NFTs were for sale on Otherside Metaverse