5 Key Crypto Events of 2018 (Year Review)

The video discusses the challenges and growth of the crypto industry in 2018, predicting a slow recovery in 2019 driven by robust business models. Ethereum's potential is highlighted, along with the significance of Bitcoin ETFs and regulatory concerns. Institutional adoption and investment are expected to rise, with Ohio accepting Bitcoin for tax payments. The video anticipates increased use of blockchain beyond cryptocurrencies, with major companies investing in DLT. A breakthrough project is needed for massive adoption, though it's uncertain if it will happen in 2019.

What was the main reason for the crypto industry's need to mature in 2018?

• The spending of profits from 2017

• Technological advancements

• Rising competition from traditional finance

• Increased government regulations

What is the primary reason for Ethereum's price drop, according to the video?

• Technical issues with the platform

• Regulatory challenges

• Diminishing interest in ICOs

• Increased competition from other platforms

Why is the approval of a Bitcoin ETF not expected in early 2019?

• SEC's concerns about fraud and custody risks

• Technical limitations of Bitcoin

• High volatility of the crypto market

• Lack of interest from investors

Which state in the US is the first to accept Bitcoin for tax payments?

• California

• New York

• Ohio

• Texas

What is a key benefit of security tokens mentioned in the video?

• They have intrinsic value

• They can be mined like cryptocurrencies

• They are immune to market fluctuations

• They are not regulated

Which major corporation is mentioned as investing in DLT despite its CEO's opposition to Bitcoin?

• Apple

• JP Morgan

• Microsoft

• Facebook

What is the optimistic prediction for blockchain technology in 2019?

• Blockchain will replace traditional banking systems

• All governments will adopt blockchain for voting

• A breakthrough project will achieve massive adoption

• A new cryptocurrency will surpass Bitcoin