crypto world including defi nfts metaverse and digital currencies continues to surprise us the tremendous expansion and adoption of crypto assets has garnered much attention throughout and people look up awaitedly to further advancements and predictions in this sectorchainalysis a blockchain data platform published a comprehensive report on the cryptocurrency predictions for 2022 in february we present to you the most important details of the reportheres a look at the predictions that could matter to crypto enthusiasts and investors alike1 governments will be friendlier to cryptothe year 2021 was a decisive year for the crypto sector when it infiltrated mainstream with a booming growth this drew the attention of several countries who started working towards regulating the crypto framework to manage it better at the chainalysis policy roundtable constructive bipartisan discussions on digital assets in december 2021 the viewpoints of us congress and treasury were sought on this matter three of the us congress members jim himes tom emmer and cynthia lummis advocated for cryptocurrencies and showed faith in its promise and potential himes said the blockchain in particular is super intriguing as a way of disintermediating an almost medieval way of doing things around titles contracts and ownership cofounder and ceo of chainalysis michael gronage said that the growing support of us legislators for cryptocurrencies would closely mean promoting it he said that in 2022 more countries will endorse crypto as they see in it an opportunity to create jobs and other forms of value2 nfts will stay in the crypto marketnon fungible tokens nfts find presence now not just in digital art but community platforms events and ticketing and transform majorly the interaction between digital and real world the nfts succeeded in capturing a significant market with ethereum smart contracts associated with the technology earning more than 43 billion in 2021 the chainalysis found that the nft boom was a worldwide phenomenon as no one region made up for more than 40 of monthly web visits since march 2021 the blockchain firm concluded that the nft market will evolve this year as many more artists creators celebrities and even video game makers launch collections catering to their fans along with many other use cases that havent even been invented yet chainalysis economist ethan mcmahon looked closely at nft activity and believes this to be the first step of many as the technology is adopted further3 crypto will be vital to law enforcement investigationsas opposed to the infamous notion about the cryptocurrencies being a facilitator of illicit activities and money laundering chainalysis verified that in 2021 only a meager 015 of cryptocurrency transactions were associated with illicit activities the untraceable and anonymous transactions in cryptocurrencies are considered to be a problem but they could solve many forms of cybercrime it can be used by the law enforcement professionals for investigating crimes where cryptocurrencies have been used with the right use of blockchain technology and other tools chainalysis public sector cto and retired fbi agent gurvais grigg