THE value of Bitcoin has surged, as experts are predicting that successful new crypto coins will be released next year.
While the meme coin Shiba Inu has baffled experts this year with its growth, experts predict other cryptocurrencies will perform better in 2022.
Avalanche, Stellar and Qtum are all expected to do well, according to Nasdaq.
Meanwhile, Bitcoin, Shuba Inu, and Ethereum are up at the end of Christmas week, after booming this past year.
According to Coinbase, Shiba Inu is up over 22 percent, Ethereum is up almost three percent, and Bitcoin is up over seven percent.
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Russia considers crypto investing ban
Russia’s central bank is reportedly looking to ban cryptocurrency investments amid its longtime skepticism of digital currency.
The ban by the country’s financial authority would prevent future transactions, Fortune reported, but it wouldn’t require current holders to divest their portfolio.
The central bank gave digital currencies legal status in 2020 but did not authorize their use as a…
