The Highs and Lows of the 2018 Year in Cryptocurrency

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Luno is on a mission to make buying and selling crypto from your mobile easy and in doing so, “upgrading the world to a better financial system.” While pretty much everyone agrees that 2018’s been one long stint in bear country, this blockchain firm has taken the time to analyze the highs and (mostly) lows of the crypto industry in 2018. Crypto Industry in 2018 –  Quarters 1 and 2 Working on a month by month basis, you’ll see that the 2017 bull run came to a resounding halt in January, as Bitcoin lost over 40 percent of its value and, by February, almost half of the ICOs held in 2017 had failed to hit their targets. March brought about some brief respite with the G20 Financial Stability Board stating that while cryptocurrency could be problematic for uneducated investors, blockchain technology could lead to financial inclusion. It wasn’t a victory dance for crypto, but the overall sentiment was positive. April and May passed by without major developments apart from the first teaser announcement from Nasdaq about entering the market and rumors of Goldman Sachs doing the same. Neither of these has materialized yet and, in fact, Goldman Sachs denied the rumors as “fake news.” June saw some more positive actions for the space as Facebook lifted the crypto ban for certain companies. In hindsight, it now seems almost absurd that the yardstick of a company’s legitimate operations should be defined by Facebook. Source: https://www.luno.com/ Quarters 3 and 4 Google also…
Source: The Highs and Lows of the 2018 Year in Cryptocurrency

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