CryptoUpdates #2 - Coindesk - State of Blockchain Q2-2017

in #cryptocurrency • 7 years ago (edited)

Coindesk published their regular State of Blockchain Q2-2017, key findings:

  • Prices: big rally with valuation increasing to $100 billion, up from $25 billion at the start. This is a 4x increase
  • General Interest: also on the rise, Google searches for the technology hitting an all-time high in Q2
  • ICOs: key factor in this interest/price rise. Supply of new tokens exploded and investment risen to all time high.
  • ICO Sentiment: generic unease about ICOs, their valuation and usefulness
  • Diversification: bitcoin's dominance shrunk further. down to 40% from 90%. Primary gainer is Ethereum

For more pls see CryptoUpdates #1 - Cambridge University - Global Cryptocurrency Benchmarking Study

#cryptoportfolio #blockchain #money #investing
7 years ago in #cryptocurrency by
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