What to expect from BTC and Ethereum how altcoins will behave and whether cryptocurrency exchanges have prospects in Russia. In spring 2022, the cryptocurrency market began its so-called crypto winter- a period of prolonged decline in asset capitalization and investors' interest in them against the backdrop of rising financial risks in the world. However, in early 2023, the trend reversed: the total capitalization of the global cryptocurrency market exceeded $1 trillion by January 24 after a strong drop below $860 billion in November.

Three main trends

The emergence of new DeFi ecosystem-based lending protocols (blockchain-based financial services and applications that provide lending via cryptocurrency. - Editor's note).

Gamification of cryptocurrencies and increased use of tokens in games.

Scaling up anti-skimming solutions.

The most active Play-to-Earn trend, which allows gamers to make money by introducing cryptocurrencies into existing top games, will be especially active in the world, says the co-founder of GameFi-platform Cheelee.

"In fact, they already have a vast target audience that is familiar with virtual worlds where you can create and build at will. There's a good groundwork for introducing game tokenomics and NFT with further transformation of games into meta universes in these games."

At the same time, cryptocurrencies will continue to be subject to strict regulatory impact, said Sharov. First of all, it will affect stabelcoins (digital assets that reflect the rate of fiat currencies like the dollar and euro or other assets like gold and oil. Global regulators may oblige issuers of stablcoins to disclose financial statements and comply with certain rules in the financial market. "At the same time, stricter regulation of the crypto market increases the amount of institutional capital (i.e., the size of investments).

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