Despite the daily stream of news that points to a bright future for cryptocurrencies, there is the equivalent that predicts a gloomy future.

What indicators can give clues about the future

There are several clues that can indicate that cryptocurrencies have an exciting future and are a good investment, among them I highlight the number of companies being funded with projects in the world of cryptocurrencies (funding), for example.

Taxbit, a platform for calculating taxes payable on cryptocurrency investments has already received funding of $100 million.

OpenSea, a marketplace for NFT and collectibles has also received funding of $100 million.

Many other projects have been funded which gives some indication that we have entered a new phase of digital currencies, a clear institutional bet on the future of the sector.

Other good indicators are the expansion of the possibility to purchase cryptocurrencies from several major players in the market, such as Mastercard, Paypal, Revolut, etc.

The amount of Defi projects that have emerged and gained notoriety, such as PancakeSwap, Uniswap, among others.

These are the most important benchmarks of how the future of cryptocurrencies is shaping up, it's not the news oracles predicting bright or gloomy futures, again it's analyzing the data.

What do you think? Bright future for cryptocurrencies or gloomy?