2018 ended in a surprising turn of events for popular cryptocurrencies like Bitcoin and Ethereum. Both denominations fell down in value with BTC nearing the $3,000 mark and ETH lingering around $140. While ICOs have yet to experience another peak season, insiders are optimistic that cryptocurrency is still a great investment in 2019 especially with the increased interest of institutions towards up and coming cryptocurrencies. Here are some new and not-so-new players to be reckoned with. Stellar Lumens (XLM) A Stellar Lumen or XLM is the in-house digital.
2018 was an eventful year in general when it comes to blockchains and cryptocurrencies. Digital currencies such as Bitcoin and Ethereum suffered huge trading losses last year with the former nearing towards the $3,000 mark by the end of the year. Another notable trend from last year is the rise of blockchain and cryptocurrency related lawsuits, triggering SEC chairman Jay Clayton to announce a crackdown on the industry. This is why different industries have called 2019 the make or break year for these technologies. Now what is in.
Since its development in 2009, cryptocurrency has been in the financial space as both a threat and an innovation to the business and economic scene. Budget investors have been swayed by the virtual monetary device that offers anonymity, easy international transactions, and feasibility as an investment instrument. Its familiarity has bred numerous investors in the market. Their rising number has now been converted to the increased value of crypto coins and the addition of shops that credit virtual currency as payment. Top Cryptocurrencies Websites such as CoinMarketCap track.