OK Blockchain Capital released its September Blockchain Industry Report on 24 Octomber 2018. According to the report, September is still not an optimistic month for the crypto market. The monthly report showed that the market value of global digital assets continued its downward trend in September, but the trading volume rebounded significantly at the end of the month.
Read More: Interview with Jeffrey Kofman, CEO and Founder at Trint
Some highlights of the Industry Report include:
- The market survey showed the situation was rather bleak. 25.47% of investors had small losses (-30% <= market returns < -10%) in September, 24.53% had essentially flat (-10% <= market returns < 10%) and 23.58% had large losses (-100% <= market returns < -30%). However, over 69% of investors are bullish on the long-term market. The top 3 of currency holdings in September were BTC, EOS and ETH.
Read More: Fluor Uses IBM Watson to Deliver Predictive Analytics Capability for Megaprojects
- OK Blockchain Capital took stock of major industry events and selected the key events of the month. The blockchain industry keywords for September were the Ethereum “Difficulty Bomb”, stablecoins, bitcoin mining machines, and Bitmain.
- In terms of policy, the Iranian government approved the cryptocurrency mining law, and the Bank of Indiaappealed to cancel the cryptocurrency ban. The United States and Japan promoted cryptocurrency regulation.
As the strategic partner of OKEx, OK Blockchain Capital has accumulated rich experience in blockchain research and development and is devoted to assisting promising entrepreneurs and teams grow and succeed in the blockchain industry by offering exclusive consulting services, technological support and funding.
Read More: The Top 5 “Recipes” That Give AI Projects a Higher Likelihood of Success
