Trends in cryptocurrency
Bitcoin is nearly 10 years old now since it was introduced to the world in 2009. Thanks to the pseudonymous Satoshi Nakamoto’s invention of this first decentralised cryptocurrency that gave birth to countless other cryptocurrency types that are in use today. Having majorly disrupted the financial system already, the limitless capabilities of cryptocurrencies have become more widespread across businesses, the financial sector, governance, and consumer retail.
The cryptocurrency phenomenon has also witnessed both highs and lows over the years, affecting many investors. Most of them lost their assets during the market crash in 2017 wherein they lost their assets; however, the year 2018 was a bit relief as the market rose up maintaining a balance. The year 2019 can be seen as a positive year where the emerging trends suggest how cryptocurrencies will be welcomed into the financial sector. Those interested in investing in crypto coins or still speculating if it is worthwhile to pursue, must read further.
Below are some of the trends to expect.
Rise in the number of decentralised exchange platforms
Several exchange platforms offer flexible payment methods, allowing purchase of digital coins. Cleveland, Tennessee-based Check Into Cash is one such renowned financial services retailer in the United States that offer such a service. With an increasing number of interested investors, exchange platforms around the world will have to adapt to an advanced mode of conducting transactions.
In 2019, one can expect growth in decentralised exchange platforms that remove the need of intermediaries who earn a percentage of the money for their service. These platforms, which run on the blockchain technology, are extremely secured and immutable in nature so much so that even the third-party hackers find it difficult to get into them. Once the number of these platforms is on the rise, only prominent cryptocoins like Bitcoin, Ripple, and Ethereum wil
Trends in cryptocurrency
Bitcoin is nearly 10 years old now since it was introduced to the world in 2009. Thanks to the pseudonymous Satoshi Nakamoto’s invention of this first decentralised cryptocurrency that gave birth to countless other cryptocurrency types that are in use today. Having majorly disrupted the financial system already, the limitless capabilities of cryptocurrencies have become more widespread across businesses, the financial sector, governance, and consumer retail.
The cryptocurrency phenomenon has also witnessed both highs and lows over the years, affecting many investors. Most of them lost their assets during the market crash in 2017 wherein they lost their assets; however, the year 2018 was a bit relief as the market rose up maintaining a balance. The year 2019 can be seen as a positive year where the emerging trends suggest how cryptocurrencies will be welcomed into the financial sector. Those interested in investing in crypto coins or still speculating if it is worthwhile to pursue, must read further.
Below are some of the trends to expect.
Rise in the number of decentralised exchange platforms
Several exchange platforms offer flexible payment methods, allowing purchase of digital coins. Cleveland, Tennessee-based Check Into Cash is one such renowned financial services retailer in the United States that offer such a service. With an increasing number of interested investors, exchange platforms around the world will have to adapt to an advanced mode of conducting transactions.
In 2019, one can expect growth in decentralised exchange platforms that remove the need of intermediaries who earn a percentage of the money for their service. These platforms, which run on the blockchain technology, are extremely secured and immutable in nature so much so that even the third-party hackers find it difficult to get into them. Once the number of these platforms is on the rise, only prominent cryptocoins like Bitcoin, Ripple, and Ethereum wil