Author: Yueqi Yang
Compiled by: Block unicorn
Introduction
In the past four months, cryptocurrencies have swept through the traditional financial system, penetrating deeper into banks and stock markets than ever before. These dizzying changes have created billions of dollars in profits for the industry while also bringing more risks for investors and regulators.
The changes have come so quickly that it’s hard to keep up. We review the past few months to help readers understand the four major trends driving the cryptocurrency boom. We will also tell you what to watch for in the remaining months of this year. Will stablecoins thrive or collapse? Will there be more cryptocurrency trading on the stock market? Will stocks be traded on cryptocurrency exchanges? Can the good times continue?
The biggest factor driving these four trends is President Donald Trump’s support for cryptocurrencies. He transformed regulators from adversaries of…
