Originally published on Coindesk on February 6, 2018.
Executive Summary
CoinDesk's 2018 State of Blockchain summarizes key trends, data and events in 2017.
Highlights Include:
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.
Features:
'CoinDesk Releases 'State of Blockchain' 2018 Research Report'
Spotlight studies:
2018 Blockchain Sentiment Survey