7 Best Cryptocurrencies To Invest In December 2022 – Here's Trending List

Cryptocurrencies To Invest In December 2022: Before investing in Crypto one needs to know the right coin to invest in, as this can reap big rewards.  Entering the crypto space can be very overwhelming at times as the coins keep on going up and down.

Timeline of Cardano, Bitcoin, Compound, Ethereum, Polygon, Uniswap, Xrp

In a recent interview, Catherine Wood, Founder, CIO, and CEO at ARK Investment Management, LLC (aka “ARK” or “ARK Invest”), recently shared her thoughts on Bitcoin and Ethereum. Wood's comments were made on Wednesday (23 November 2022) during an interview with Carol Massar and Tim Stenovec on Bloomberg Businessweek Radio.

Anthony Pompliano, a podcast host, Bitcoin minimalist and cryptocurrency investor, said sometime back that a large portion of the Ethereum network is hosted on third-party clouds like AWS.

The latest update for ConsenSys' Infura API tool has caused a big outcry in the Ethereum community. As was announced yesterday, Infura will start collecting and assigning IP and Ethereum addresses of MetaMask users with immediate effect.

If a no-coiner friend or relative asked you this question, how would you answer? It is worth bearing in mind that so far this year, the Bitcoin price (trading around $16,430 as of 8:50 a.m.

As the Bitcoin market faced turmoil surrounding the possible bankruptcy of Genesis Trading and Digital Currency Group (DCG), chatter kept surfacing that Michael Saylor's and MicroStrategy's Bitcoin bet could be in jeopardy if the price continues to fall.

Bitcoin and Ethereum ended two-day rallies as both coins fell slightly, although prices held at crucial support levels following indications the US Federal Reserve will soon slow down the pace of interest rate rises. Bitcoin, the largest coin by market cap, fell 1.5% to US$16,443.

XRP price is surging, decoupling from the entire crypto space. Marking more than 8% gains since the early trading hours, the price now aims to reclaim the levels above $0.45 at the earliest.

Ardana, a DeFi and stablecoin ecosystem building on Cardano (CRYPTO: ADA), halted development on Thursday, citing "funding and project timeline uncertainty." What happened: Ardana Labs said it will keep the project open-source for builders, while “treasury balances and remaining funds will be held until another competent community dev(eloper) team takes over our work.

 Bitcoin has continuously dropped over the last couple of weeks, largely due to the FTX crash Institutional investors like the Purpose Bitcoin ETF Holdings have not yet bought back despite the discount. The latest Bitcoin (BTC) crash has done more harm than good to investors' sentiment.

The crypto markets have turned extremely volatile and uncertain ever since the popular exchange FTX collapsed and created a ripple of fallouts. Meanwhile, Bitcoin and popular altcoins attempted to begin with a recovery phase, but the bears perceived the fact of their growing dominance despite minor bounces.