The Future of Crypto, AI, and the Metaverse.
German investment bank Berenberg predicts that Bitcoin may regain the attention it lost during the crypto winter and become a sensible alternative among crypto tokens and within a global financial context. As US regulators crack down on the industry, almost every token appears at risk of being branded a security and becoming subject to an enforcement action, except Bitcoin, which is characterized as a commodity rather than a security. The recent banking crisis in the US and concerns over the Federal Reserve's interest-rate policies have led some countries to reduce their exposure to the US dollar, which could help to highlight Bitcoin's value proposition.