Analysis: It’s in the Numbers – the ICO Market is Cooling Off

[kreslik.news]

In September of this year, Ethereum founder Vitalik Buterin said that he “indeed [thinks] that we are in a bubble because all the cryptocurrencies are rising and people have a feeling that they will always continue to rise.” However, “In the end the market will need to cool down….A lot of projects will fail and people will lose money.”

That cooling appears to be taking place right now. Cryptofinancial research firm Smith + Crown reported that the amount ofICOsplanned to close over the last four months has been increasing – there were 31 in July, 45 in ... (read more)