State of Bitcoin Q3 2014: Ecosystem Maturing Amid Price Pressure
$60m of new venture capital was invested in bitcoin startups this quarter, despite a sharp drop in price.
Last updated on Oct 18, 2014 at 12:09 BST. Based on the following values:
| USD | |
|---|---|
| BTC-e | $380.00 |
| Bitstamp | $382.88 |
| Bitfinex | $382.03 |
| LakeBTC | $378.80 |
| CNY | |
| BTC China | ¥2,334.38 |
| OKCoin | ¥2,337.12 |
| Huobi | ¥2,333.26 |
CoinDesk’s State of Bitcoin reports aim to provide an overview of key cryptocurrency trends, challenges, and opportunities, while also highlighting the most important developments in bitcoin. New reports are released at the end of every quarter.
$60m of new venture capital was invested in bitcoin startups this quarter, despite a sharp drop in price.
This report focuses on data and events in the second quarter of 2014 through to the present day.
Venture capital raised by bitcoin startups in 2014 has already surpassed last year's figure by over $27m.
The growing sum of venture capital that has been invested in bitcoin startups is now up to $154m.
Just a month ago, the 2014 run rate for venture capital invested in bitcoin startups stood at $100m.
Analysis of key cryptocurrency trends, challenges, opportunities, and the outlook for Bitcoin in 2014.
The world’s first decentralized currency features a relatively decentralized geographic investment footprint.
The first article in a two-part series looking at the trends in venture capital investment in bitcoin.