How We Will Remember the Year of the Dog? ICO Market Decline, Trend Toward Compliance and Other Takeaways

As the Year of the Earth Pig has come, it is time to look back at what happened during the previous year.

Happy Chinese New Year! As the Year of the Yellow Mountain Dog has drawn to a close, it is time to look back at what happened.

While there was a promising start in January 2018, when most altcoins were enjoying their all-time highs, the bear eventually took over, and the market delved into the so-called “Crypto Winter.” Nevertheless, there was good news, too: The United States regulators expressed their desire to stick to “positive regulation,” while big league investors poured some funds into a number of promising, compliant crypto projects (mostly stablecoins).

Here is what was happening month-by-month, along with the main takeaways.

January 2018

Japanese crypto exchange Coincheck was hacked, overtaking the infamous 2014 Mt.Gox collapse — an industry-record-breaking $532 million worth of NEM tokens…

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2019-02-10 17:15:00

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Written by Cointelegraph

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