Crypto Starts 4th Phase of Development

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A recent Andreessen Horowitz report says crypto is in its growth stage, but critics say the industry is yet to create end-use value. The crypto space is well over a decade old with more than 5,500 different cryptocurrencies and a market capitalization north of $250 billion. According to the report, every new stage begins with a massive increase in Bitcoin’s price that triggers renewed interest in cryptos leading to the emergence of new ideas and startups.

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