Q1 2017 Data Analysis of Blockchain

 Nowadays, the Blockchain space takes a large part in life. For the first quarter of 2017 , initial coin offerings, or ICOs, continue to gain interest despite unclear regulatory guidance from agencies like the US Securities and Exchange Commission (SEC). Bitcoin and Ethereum still occupy a large part in the industry market. And many projects that based on public ethereum have been launched in February, 2017.

From above chart, we can see Bitcoin’s dominance over cryptocurrency market cap falls under 70% as price rise outpaced by smaller assets.

Meanwhile, Ether most heavily traded with Bitcoin, and USD continues to rise.

From the Bitcoin and Ethereum Sentiment Survey, 94% feel positive about the current state of ethereum, almost double the amount who feel positive about the state of bitcoin.

ICOs and new token sale structures continue to evolve with limited guidance from industry groups, specialized legal and advisory groups.

From above chart, we can see the future appears more centralized for Bitcoin mining, while Ethereum leans towards decentralization.

And the young males using cryprocurrency primarily for cross-border payments.

In China market, the projects including Largest VC deal, Bitfury, and ICO, Qtum and so on. The PBoC investigated the operational policies behind numerous domestic bitcoin exchanges, causing freezes, fee increases and drastically cut volume. And it issues public warnings after meeting with major domestic exchanges around operational and regulatory policies.

Further, the industry saw the People's Bank of China, the country's central bank, take on a more active role as a watchdog of the domestic bitcoin exchange ecosystem. This lead to a months-long user balance withdrawal freeze and a shift in the makeup of the world's trading volume.

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