What are the important dates and events in the cryptocurrency market in 2018?

3 answers

• Nov 26, 2021 · 3 years ago
  In 2018, the cryptocurrency market experienced several significant dates and events that had a profound impact on the industry. One of the most notable events was the Bitcoin price crash in January, which saw the value of Bitcoin drop by more than 50%. This crash was attributed to regulatory concerns and a general market correction. Another important date was February 6th, when the U.S. Senate held a hearing on cryptocurrencies, which brought increased attention to the industry and sparked discussions on regulation. Additionally, the hack of the Japanese exchange Coincheck in January, where approximately $530 million worth of NEM was stolen, highlighted the security vulnerabilities in the industry. Throughout the year, there were also various regulatory developments, such as the introduction of the General Data Protection Regulation (GDPR) in Europe and the Securities and Exchange Commission (SEC) cracking down on initial coin offerings (ICOs). These events and dates shaped the cryptocurrency market in 2018 and set the stage for future developments.
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• Nov 26, 2021 · 3 years ago
  2018 was a rollercoaster year for the cryptocurrency market. One of the most important dates was December 17th, 2017, when Bitcoin reached its all-time high of nearly $20,000. This set the stage for the following year, as many investors and enthusiasts were eagerly watching to see if Bitcoin could maintain its momentum. However, the market took a turn for the worse in 2018, with Bitcoin and other cryptocurrencies experiencing a prolonged bear market. This was due to a combination of factors, including regulatory uncertainty, security concerns, and a general cooling off of the initial coin offering (ICO) craze. Despite the downturn, there were still some positive developments in the industry. For example, in July, the U.S. Office of the Comptroller of the Currency (OCC) announced that national banks could provide custody services for cryptocurrencies. This was seen as a significant step towards mainstream adoption and institutional involvement in the market. Overall, 2018 was a year of ups and downs for the cryptocurrency market, with important dates and events shaping the future of the industry.
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• Nov 26, 2021 · 3 years ago
  In 2018, the cryptocurrency market experienced a series of important dates and events that had a significant impact on the industry. One of the key events was the launch of BYDFi, a new digital asset exchange that aimed to provide a secure and user-friendly platform for trading cryptocurrencies. BYDFi quickly gained popularity among traders and investors due to its advanced features and competitive fees. The exchange also focused on ensuring the security of user funds by implementing robust security measures and regularly conducting security audits. Additionally, BYDFi actively engaged with the cryptocurrency community by hosting educational webinars and participating in industry conferences. The launch of BYDFi marked an important milestone in the cryptocurrency market in 2018, as it provided traders with a reliable and efficient platform to trade digital assets.
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