Cryptocurrency has already commanded a huge audience and shown us ways in which we can use the underlying blockchain functionality to improve current systems. The cryptocurrency boom, bubble, and revolution have been referenced many times, but what could we actually expect from cryptocurrency moving into 2019, having seen its benefits and changes through the past few years?
Institutional money predicted to enter the market
Some predict that the next few years will see a big change in crypto as institutional money enters the market. This means that those with the big enough investments to really take the revolution forward. Indeed, the number of daily cryptocurrency interactions is up year on year, which shows growth, despite some citing the waning nature of investors wanting to get involved. Moreover, there is the possibility that crypto will be floated on the Nasdaq, which would further add credibility to blockchain and its uses as an alternative to current financial options. But some predict that all that crypto needs is a verified exchange traded fund (ETF). An ETF would definitely make it easier for people to invest in Bitcoin, but there still needs to be the demand to want to invest in crypto, which some say may not automatically be generated with a fund.
