3 Signs that 2018 will be Big for Cryptocurrencies
- Exchanges Restricting New User Account Registration.
image source: Cointelegraph.com
Due to overwhelming demand, the larger exchanges cannot keep up with new user requests. They have to upgrade their infrastructure in order to handle the increased traffic.
- Low Supply of Hardware Wallets.
image source: ledgerwallet.com
Supply cannot keep up with global demand for secure hardware wallets. There is currently a shortage of the very popular leadger nano s wallet and orders cannot be fulfilled until March according to ledgerwallet.com
- Listing of Bitcoin ETF's on NYSE
image source: Cointelegraph.com
This will make cryptocurrency investment more accessible and acceptable to institutional investors. The result could be more volatility for Bitcoin.
These 3 signs are evidence that more people globally are getting involved in cryptocurrencies and we could see massive price fluctuations in 2018. Do you agree?