As 2018 comes to close, a number of analysts expected a “Santa Claus” rally, whereas the crypto market would undergo a positive reversal in the holiday season. Yet, the value of Bitcoin, along with the altcoins it reigns over, has continued to suffer. Amid this market turmoil, this industry’s news cycle has also faltered, with discussion regarding promising product releases and institutional forays becoming a rare sight. Still, there remain many optimists that are hopeful for what’s to come in 2019.
After over a year of hype surrounding Bitcoin (BTC) futures, as CBOE and CME launched contracts, and Bakkt unveiled plans for its own, a new contender is expected to enter into crypto’s alternative investment vehicle scene. This, of course, is Ethereum (ETH), which formerly sat at Bitcoin’s side as the second-most valuable capitalized cryptocurrency.