The total market capitalization of cryptocurrency surpassed $1 trillion this week. The 2017-18 bull market was led by an irrational ICO craze that saw low quality assets with no use cases like XRP soar, but this bull market feels different. Quality is leading ( BTC + ETH market cap is over 80% of the total market cap) and there's a number of use cases with real traction, from decentralized exchanges to yield-bearing stablecoins to crypto collectibles.The booms and busts in crypto are unlike anything ever seen before in financial markets because of the global nature of crypto and the hyperconnectivity of our world. But it's never been a better time to dive in and learn how cryptocurrency can be useful for you. Our goal for 2021 is to continue surfacing interesting perspectives and great projects to you.
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1confirmation Newsletter - Issue #93
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The total market capitalization of cryptocurrency surpassed $1 trillion this week. The 2017-18 bull market was led by an irrational ICO craze that saw low quality assets with no use cases like XRP soar, but this bull market feels different. Quality is leading ( BTC + ETH market cap is over 80% of the total market cap) and there's a number of use cases with real traction, from decentralized exchanges to yield-bearing stablecoins to crypto collectibles.The booms and busts in crypto are unlike anything ever seen before in financial markets because of the global nature of crypto and the hyperconnectivity of our world. But it's never been a better time to dive in and learn how cryptocurrency can be useful for you. Our goal for 2021 is to continue surfacing interesting perspectives and great projects to you.