Q1 2021: Institutional Growth Slows Down, Retail Ramps Up
The institutional investment that drove crypto markets in late 2020 is starting to slow down, but retail activity is on the rise.
CoinDesk Research presents its 2021 Q2 Quarterly Review of the cryptocurrency market, exploring trends, developments and new narratives for investors.
Bitcoin does consume a lot of energy, but it also incentivizes renewable energy through improving economics and distribution.
Plus: China’s Bitcoin crackdown, and why bitcoin isn’t a “boomer coin.”
Trading volume on decentralized exchanges also saw a similar pattern of steady growth and a slight decline near the end of the first quarter.
These three events and two metrics show how ether markets are maturing.