CoinDesk 2021 Annual Crypto Review

2 years ago

Overall, 2021 was an bonzer twelvemonth for the cryptocurrency and blockchain industry.

Bitcoin and Ethereum asset prices touched all-time highs portion implicit $20 cardinal of task superior and backing flowed into crypto companies. Coinbase went public, much bitcoin made its mode onto MicroStrategy’s equilibrium sheet, and a bitcoin ETF yet began trading successful the United States.

Meanwhile, accepted businesses, nonrecreational athletes and celebrities were aping into NFTs, arsenic DeFi took the virtual satellite by tempest with promises to remake the bequest fiscal system.

Politicians routinely discussed crypto policy, China banned bitcoin mining and crypto trading, and a sovereign federation made bitcoin ineligible tender.

On the tech front, Bitcoin and Ethereum implemented protocol-wide improvements arsenic morganatic furniture 1 smart contract competitors to Ethereum began making waves.

George Kaloudis is simply a probe expert for CoinDesk Research.

Edward is an expert connected the CoinDesk Research squad focusing connected Ethereum and DeFi. He holds ETH, AVAX, OHM and a tiny magnitude of different cryptocurrencies.


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