Research: Cryptocurrency is dying

Cryptocurrency exploded like a supernova as prices soared to nearly $20,000 in December 2017. But like a dying star, the crypto-market may now be facing an implosion. According to a new report from technology research group, Juniper Research, the cryptocurrency “industry is on the brink of an implosion.” The research highlights some key market metrics, all of which display cryptocurrencies as being on a downward spiral. “During Q1 2018, cryptocurrency transactions totaled just over $1.4 trillion, compared with less than $1.7 trillion for 2017 as a whole,” the report notes. “However, by Q2 2018, transaction values had plummeted by 75…

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