Human evolution is a set of ideas based on scientific evidence and efforts to achieve a better life. Human evolution is a very complex process that we find starting from seeking to play the game of blackjack online and ending with dealing with virtual currencies called cryptocurrencies.

Cryptocurrency is any form of digital or virtual currency that uses encryption technology to secure transactions. These cryptocurrencies have no central issuing or regulatory authority that manages and maintains the value of the cryptocurrency. But instead, these cryptocurrency users rely on their online users.

Cryptocurrency made a huge feat from an academic concept to a (virtual) reality when Bitcoin was created in 2009. Most people are familiar with the most popular versions such as Bitcoin and Ethereum, but there are more than 19,000 different cryptocurrencies in circulation.

The future of Cryptocurrency in 2023

Cryptocurrencies have boomed in the middle of the financial world in the past years, so it is not surprising that the popularity of cryptocurrency trading is growing day by day.

We start by noting that for part of 2022, the first half of it has been very bad for the cryptocurrency market. The cryptocurrency market has been trending downward. So far, it has lost more than two-thirds of its market value, and most cryptocurrency prices have fallen by between 60% and 90%.

However, cryptocurrencies are about to make a comeback and explode in 2023. This is considered one of the highest growth potentials in the currency markets, because it has proven to be the most resilient, so it is expected that it will come back stronger and faster.

Best Cryptocurrencies to Trade in 2023

From now on, the majority of cryptocurrency analysts, investors and thought leaders in the world of finance are convinced that the market is ripe for recovery and that the majority of cryptocurrencies will return to their previous peak and race to new highs. Some of these cryptocurrencies are:

• Ethereum (ETH): A promising and bullish currency to buy in 2023.
• Ripple (XRP): A currency with ever-increasing potential.
• Cardano (ADA): A currency that has not taken its true value despite its huge promising potential.
• ApeCoin (APE): Best new cryptocurrency to buy before 2023.
• Solana (SOL): Best Ethereum alternative to invest in before 2023.
• Shiba Inu (SHIB): Best meme to buy before the next cryptocurrency race.
• Binance Coin (BNB): One of the most traded flexible cryptocurrencies.
• Bitcoin (BTC): A stable cryptocurrency with great popularity in its use.

Latest exclusive news about cryptocurrency

Tesla is the best-selling electric vehicle company in history, located in the USA. Almost a year after Tesla CEO Elon Musk said the company would keep its cryptocurrency, the company revealed in its quarterly earnings report that it had sold 75% of its bitcoin investment (about $936 million in bitcoin). The company began accepting bitcoin payments for its cars in March of last year. However, the company has sold the majority of its coins to raise the largest amount of its financial investment. Tesla also ended the second quarter with just $218 million worth of bitcoin, down from $1.26 billion in the previous three quarters.

Bitcoin fell about 1.7% to $23,300 immediately after the earnings report, but bounced back to its previous levels after the Tesla chief made his comments on the earnings call.

Coming to the final point, cryptocurrency is not just a form of digital currency, but the technology behind it has the potential to revolutionize the financial sector and many other industries as well.

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• Source: Plato Data Intelligence: Platodata.ai