Blockchain market forecast in 2021, with the development of CyberVein

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1. Coinbase will become the first IPO case in the crypto field, with a market value of more than 30 billion US dollars.

Highlights: Coinbase, which was established in 2012, initially only provided simple Bitcoin purchase services, but now it has extended a variety of businesses and entered multiple areas of the cryptocurrency industry. In addition to meaning that Coinbase will become the first publicly listed cryptocurrency exchange, it is also an important milestone for the platform currency and cryptocurrency to move towards the mainstream, and finally it will no longer be a "side room" of the financial market.

2. The industry will witness two cases where the purchase amount exceeds 500 million U.S. dollars and one purchase exceeds 1 billion U.S. dollars.

Highlights: It can make the industry's business and transactions more standardized, and will also invest in some more valuable and potential blockchain technology teams. Future mergers and acquisitions and elimination of the market will become the norm.

3. The issuance volume of stable currency market (such as USDT, USDC, libra, DAI) anchored to USD will exceed 150 billion USD.

Highlights: Stable coins will make the digital currency market more standardized, which will help protect market stability and develop institutional investors. At the same time, stable currency currencies are becoming more and more abundant, and their use scenarios are becoming more and more abundant, such as derivatives market, liquid mining, DeFi and NFT.

4. The total market value of the top three DeFi governance tokens will increase from 33% of the total market value of ETH to 66%.

Highlights: The emergence of DeFi governance tokens has two main purposes: one is to stimulate liquidity, and the other is to raise funds on the platform. It indicates that the market still has huge room for innovation and profit, and we can look forward to the emergence of more new products and solutions that will interact with cryptocurrency and legal currency.

5. The balance of loans in the DeFi agreement will increase 10 times to more than 30 billion U.S. dollars.

Highlights: For mature financial markets, richer financial instruments will bring higher market liquidity, and Defi decentralized lending will have equity products and derivative products that will gradually enter the public’s field of vision. Opportunity to further open the financial system of the blockchain world.

6. There will be 33% of the cryptocurrency spot trading volume from DEX (decentralized exchange).

Highlights: Decentralized exchanges may be the fastest growing field in open finance. Liquidity will generate large-scale capital transactions, thereby attracting more users to experience the safety and convenience of decentralized exchanges.

7. WeChat and Alipay will support DCEP (Digital Renminbi).

Aspect: Digital RMB will not choose to compete with WeChat Pay and Alipay, but is compatible.

8. The SEC approved the custody business of the first Bitcoin ETF and the first digital asset broker-dealer.

Highlights: Bitcoin is a "digital gold". Comparing with the price trend of gold, it can be found that since the first gold ETF was approved for listing in 2003, gold has ushered in a ten-year bull market. This not only means that a fund product that directly targets the Bitcoin price index will appear, but also means that more and more institutions and various investment portfolios are gradually increasing the allocation of digital currencies.

9. The market value of Bitcoin has grown from 4% to 10% of the market value of gold.

Why it's worth it: It's different from the purely speculative rise in 2017 driven by retail investors. At present, the devaluation of paper currency is serious. Residents from many countries have poured into the Bitcoin market to use it as a safe-haven asset. In the future, it will attract more retail investors’ interest. Bitcoin will lead other types of encrypted assets into the mainstream financial market. A lot of room for growth.

10. The market value of CyberVein has entered the top 30 in the world.

Highlights: In 2021, CyberVein will let DAVE and CROSS launch more mainstream public chain operations, derive and launch more "DeFi+NFT" products with actual value and circulation value, and continue to expand the market volume and become the first batch A public chain with stable revenue. With the continuous expansion of the DAVE Alliance, the three major technical cooperation institutions of oracle + cross-chain + distributed storage have been assembled to solve the problem of data islands in smart cities, connect smart cities and smart cities, and serve more of the world Countries and regions.

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Origin blog.csdn.net/CyberVein/article/details/113100025