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2019-07-19 06:30:31

Venture investments in blockchain take a suicidal plunge in 2019: CB Insights reports

The general market sentiments on Bitcoin and other digital currencies are on the rise as Bitcoin continues to smash record highs. The venture capitalists, on the other hand, beg to differ, as reported by CB Insights, a one-stop destination for all market analysis and global tech trend needs. The company has released a report that estimates a drop of sixty-one percent (61%) in blockchain and cryptocurrency-related investments around the world. The startling CB Insights report figures While last year witnessed a substantial chunk of capital flowing into the blockchain’s line of business, close to over four billion dollars ($4 billion), this