2017 has been an extraordinary year for cryptocurrencies and blockchain. The price of bitcoin has increased by almost 2,000%, rising from € 840 ($ 1,000) in January to more than € 15,900 ($ 19,000) at its peak in December. Ethereum, Litecoin, Ripple and other cryptocurrencies have seen similar peaks as well as the arrival of new cryptocurrencies. 3.1 billion euros ($ 3.7 billion) were raised using ICO (Initial Coin Offering), questioning the future of venture capital. And finally, CryptoKitties became a busy blockchain: its sales reached 10 million euros ($ 12 million) the first month.
What about 2018?
2018 will also be an important year for cryptocurrencies.
Here are some predictions:
1- The cryptocurrency market will continue to evolve with the involvement of institutional capital
2- ICOs will become professional as experienced investors enter the market
3- Regulators will position themselves firmly against ICOs which will cause a slowdown in the short term
4- Concerns about the growth and performance of this new sector will lead to new platforms and new approaches
