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Samuel Stokes
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Samuel Stokes   My Press Releases

Where Will Crypto Be in 2019? (Part 1)

Published on 6/16/2018
For additional information  Click Here

Where Will Crypto Be in 2019? (Part 1)


Cryptocurrency is still a major trend in 2018. In just two years, the digital currency market went from being worth under $20 billion to over $500 billion.

And now some experts are projecting that the value of the market will be in the trillions by the end of 2018.

But is that the truth? Are digital currencies here to stay or are they just an investment fad driven by hype?

For investors who are still critical, there are a few events taking place that set crypto up for long-term growth and help highlight where the industry will be by the end of the year.


Exchanges Are Growing, and There Are Now More Ways to Invest

One of the best ways to gauge the growth of the digital currency market is by looking at the exchanges and investment channels.

Why? Well, after 2017, Bitcoin transitioned away from being an investment for rebels and nerds. Suddenly, 90% of Americans knew what Bitcoin was and wanted a piece of the action. And this meant exchanges and investment channels had to change to meet the needs of retail investors.

At the start of 2017, digital assets were still hard to get ahold of. Investors had to go through crypto-to-crypto exchanges for many altcoins. These routes are better suited for the technically savvy and could pose security risks for the traditional retail investor.

To fix this problem, fiat-to-cryptocurrency wallets like Coinbase need to offer more tokens. There also needed to be more mainstream ways for investors to access crypto.

And now these things are happening.

In just the last year, over a hundred hedge funds have been launched for crypto.

Beyond that, the main exchanges and software wallets have started to step up their game. Just a few weeks ago, Coinbase acquired Paradex, a platform that allows investors to trade ERC20 tokens between their peers.

The acquisition means that soon Coinbase could offer more ERC20 tokens on its platform. For those of you newer to crypto, an ERC20 token is any token built on the Ethereum platform. Today, some of the more notable ERC20 tokens include VeChain, OmiseGo, Golem, Storj, EOS, Tron, and Binance Coin.

New tokens on Coinbase will likely attract more investors and encourage demand. It will also boost market liquidity.

All of that is exciting news, and it indicates that the digital currency space is going to grow rather than shrink. But there is still one important question.

Will the big government allow digital currencies to succeed? After all, didn't we see sweeping regulatory measures at the start of 2018?

The answer here may surprise you.


Written by

Alexandra Perry



To Our Mutual Success in 2018,


Samuel Stokes
Phone #: 253.576.3570
Skype- darkstar1957



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