Cryptocurrencies
Smart Money Said ‘Skip Bitcoin, Bet on Blockchain.’ Not Any More
- Venture funding in blockchain startups may tumble 60% in 2019
- Meanwhile, Bitcoin’s price has more than doubled this year
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As cryptocurrency prices tumbled across the board last year, venture capitalists focused their attention on the promise of the underlying technology, the ledger known as blockchain. That, many said, was the smarter bet.
Now, the tables have turned.