The bears are not sleeping during the crypto winter. The crypto market remained calm during the last week until early Monday morning when prices started to fall. Bitcoin is down by 4.6% and Ether is down by 8%. Litecoin dropped by 6% and Bitcoin Cash dropped by 11%.
The number of cryptocurrency related conferences and the number of people working in the crypto industry are increasing. Several big crypto related events and conferences occured last week namely Blockchain Economic Forum, the accompanying event at World Economic Forum in Davos, Switzerland, the Unconfiscatable Conference Bitcoin Event in Las Vegas, United States and Binance Conference in Singapore.
During the late 2017 cryptocurrency hype there were so many scam projects. Today the cryptocurrency industry is much more healthier than it was a year ago. The bear market has filtered all the good projects for us. Those who are dedicated and enthusiastic about cryptocurrency space still continue building their products and platforms.