Cryptocurrencies
Ranks of Crypto Users Swelled in 2018 Even as Bitcoin Tumbled
- University of Cambridge center releases benchmarking study
- Number of cryptocurrency accounts also rose, research shows
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It turns out that cryptocurrency enthusiasts were committed well beyond the HODL rallying call that urged them to hold on during this year’s digital-asset market collapse.
The number of verified users of cryptocurrencies almost doubled in the first three quarters of the year even as the market bellwether Bitcoin tumbled almost 80 percent, according to a study from the Cambridge Centre for Alternative Finance. Users climbed from 18 million to 35 million this year.