State of Blockchain 2018

AccessTimeIconFeb 6, 2018 at 10:22 p.m. UTC
Updated Oct 18, 2021 at 1:58 p.m. UTC
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"subtitle": "Summarizes key trends, data and events in 2017.",

"publishDate": "February 6th, 2018",

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"summary": "

CoinDesk's 2018 State of Blockchain summarizes key trends, data and events in 2017.

",

  • • After uncertainty around fork ends, bitcoin's price breaks free and topples multiple milestones. Meanwhile, BTC dominance shrinks to all-time lows.
  • • Bitcoin fees increase dramatically. While Coinbase hits #1 app on iTunes, it and all exchanges struggle to cope with demand.
  • • $3.23bn for ICOs and $200mn for VC. However, forks were the largest token generating event of the year with $44bn created.
  • • CME & Cboe launch with high interest but low volume. Large traders shorted and small traders longed.
  • • Sentiment Survey: 81% did not go into debt to buy crypto. Of those that did, 52% already paid it back. 94% check prices at least every day.
  • • Key metrics up across public blockchains.
  • • 'CoinDesk Releases 'State of Blockchain' 2018 Research Report'
  • • 2018 Blockchain Sentiment Survey

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