2018 was crypto’s year of reckoning, but there’s hope ahead

2018 has been a tough year for cryptocurrencies. 

As I write these lines, the prices of major cryptocurrencies such as Bitcoin, XRP, and Ethereum are the lowest they’ve been in over a year. The price decline, which started roughly in January, has been relentless: The cryptocurrency market cap shrunk from its all-time high of about $830 billion to just over $100 billion. The sentiment on crypto-related chats, groups, and subreddits is grim: Everyone expects the prices to fall further. Some vocal critics, like Nouriel Roubini, are gloating over what they see as annihilation of the crypto bubble.  Read more…

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