State of Blockchains Q3 2018

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"title": "State of Blockchains Q3 2018",

"subtitle": "Summarizes key trends, data and events in Q3 2018.",

"publishDate": "December 1st, 2018",

"slug": "state-of-blockchains-q3-2018",

"summary": "CoinDesk's Q3 2018 State of Blockchains summarizes key trends, data and events in Q3 2018",

"highlights": "

– The entire market lost about 11 percent, falling from $243 bn to $215 bn. However, when analyzing MoM, we find that the negative growth is diminishing. September saw -7 percent compared to prior months this year being in the negative double digits.


– Bitcoin’s (BTC) price grew by 3 percent with news of positive adoption development on the Lightning Network and Square Cash, however, the ETF rejection might have slowed growth.

EOS transaction counts jettisoned 7255 percent in July. This is the result of its blockchain launching in June. It hit negative growth of 68 percent in September.


– ICO funding for Q3 settled at a total of $2.3 bn, which was down 68 percent since the last quarter.


– 52 percent of survey respondents agreed that we are in a bear market, but 58 percent consider prices undervalued.

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"pages": 246,

"tableOfContents": [

{

"title": "Introduction",

"page": 4

},

{

"title": "Price",

"page": 9

},

{

"title": "Network",

"page": 32

},

{

"title": "Exchange",

"page": 103

},

{

"title": "Social",

"page": 131

},

{

"title": "Developer",

"page": 147

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{

"title": "Market Interest",

"page": 166

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{

"title": "Investment",

"page": 174

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{

"title": "Enterprise",

"page": 187

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{

"title": "Regulation",

"page": 197

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{

"title": "Survey",

"page": 202

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CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk offers all employees above a certain salary threshold, including journalists, stock options in the Bullish group as part of their compensation.