Late 2018 brought an ominous downturn on the stock markets that affected indices worldwide. Analysts are already talking of a bear market in stocks. Added to this are signs that central banks would continue raising interest rates in 2019.

Regulatory pressures, on both exchanges and tokenization projects, made the market even more complicated, as trading and fundraising was no longer seen as a free-for-all activity. While the digital asset markets remain less tightly regulated than legacy finance, there are signs of tightening coming in the future.

Cryptovest contacted analysts about other developments expected in 2019.

Usable technology is key, as stated by Marshall Hayner, CEO of Metal:

“I believe tokens that have utility, and are generally considered to be decentralized cryptocurrencies, will live on. However, tokens that existed solely for a funding event, and have no useful purpose, will most likely disappear or become security tokens trading on licensed platforms. The cryptocurrencies that will come out on top will be the ones with the most usable real-world value.”

Others are less optimistic:

“I don’t think that this is the end of a bear trend. At least not yet. As a result of a steady decline in the crypto markets, many blockchain startups have been cutting down their activity or even leaving the market entirely. We’ve seen that many blockchain developers are looking for jobs now — this was not the case a few months ago. Startups liquidating their positions in crypto to survive will continue for some time, as will the bear market,” said Andrey Alekhin, CEO of blockchain art laboratory Snark.art.

Crypto assets …

This article appeared first on Cryptovest

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