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Summer Blues or Crypto Moon? Take CoinDesk's State of Blockchain Survey
This past quarter saw price declines, hacks, regulatory clarity, and many more.
By Peter Ryan
Updated Sep 13, 2021, 8:08 a.m. Published Jul 5, 2018, 8:00 a.m.
Price declines, hacks, regulatory clarity – Q2 held no shortage of surprise for the crypto market.
Exchanges faced hacks and several smaller blockchains were hit with attacks resulting in millions of lost funds. Further, prominent industry critics Warren Buffet, Bill Gates and Nouriel Roubini all launched new rounds of criticism in the media, with Buffet even going so far as to call bitcoin "rat poison squared."
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But it wasn't all bad news. Goldman Sachs opened a bitcoin futures trading desk, renowned VC firm Andreessen Horowitz launched a $300 million crypto fund and regulatory certainty came as an SEC official declared bitcoin and ether, the market's two largest assets, aren't violating U.S. securities laws.
Still, the result of such volatility is that many people are questioning what direction the crypto-industry is headed.
In order to shed light on this, we invite you to take our latest State of Blockchain survey. Our short, anonymous survey should take no longer than 10 minutes to complete. Questions range from asking your sentiment of the recent price dips to the latest software developments.
Responses will be published in our quarterly report. You will be providing insight to market movers and could shape the future of what is to come with your responses.
Make your voice heard by filling in the survey here:
Create your own user feedback survey
Moon image via Shutterstock
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- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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What to know:
- Dogecoin experienced a sharp selloff, losing 5.5% and breaking critical technical levels, which signals a shift in short-term market structure.
- The decline was driven by increased selling pressure amid weaker risk sentiment and thinner liquidity, with volume surging 267% above average.
- DOGE's short-term direction depends on holding above the $0.1290–$0.1280 zone, with $0.1300 as immediate resistance.
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