Bye Bye Speculators, Hello Real Crypto Investors: New Research Shows Bitcoin Bear Market Effects
One Alpha, a research firm that specializes in the crypto market has issued a study which says that recent development in blockchain space is a slowly evolving process. It shows that most blockchain projects are plagued with issues such as security and scalability that is yet to be solved.
The firm reminds its readers that it is still early days for cryptocurrencies as only 10 years have passed since the release of the legendary Bitcoin whitepaper. Other major crypto project did not appear till 2013 when Vitalik Buterin launched Ethereum.
Even in those days, the popularity was almost negligible, with only a few paying a close attention to it. It has been only 2-3 years since the ecosystem has received a big push. The report says:
“Entrepreneurs and investors, don’t be threatened by the overwhelming pressure of the outside world to prove blockchain is real. There is also no need to get on every stage and prove that blockchain is the solution to world hunger and that we have all the answers.”
One Alpha is a crypto data intelligence, research, and analysis company. Their aim is to give institutional investors, VCs, traders, analysts, and the entire crypto industry the data they require to make better and smarter data-driven business decisions. Through our platform, one can get access to data, research, analysis, and insights on traded crypto assets, ICO projects, market movements, trends, and market-changing events even before they happen. They provide real-time data feed directly from exchanges, blockchains, open source developer libraries, social media, news, and wallet monitors.
Being an Israeli firm, they released a report that states that Israeli startups raised over %600 million USD in ICO in 2018 alone.