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2019-09-04 02:37:32

Blockchain and cryptocurrency investments witness slump in 2019, report suggests

Blockchain and cryptocurrency investments are crash driving as this year’s data shows no enthusiasm from funders or investors, as opposed to last year. 2019 may have been a year of Bitcoin keeping investors on edge with its suspenseful price movements, leading to several big corporations taking notice of the futuristic currency and the groundbreaking technology behind it, blockchain. However, it has not managed to spur enthusiasm when it comes to backing blockchain or cryptocurrency-related deals. Crunchbase released a report on Monday stating that the private funding in the cryptocurrency space in 2019 has descended rapidly when compared with last year.