TokenInsight Zhao Wei: It is estimated that in 2020, the transaction value of digital asset derivatives will be twice that of the spot

On February 28th, in the ChainNode live broadcast room, TokenInsight partner Zhao Wei released the "Annual Exchange Research Report" and gave a 9-point outlook:

1. The digital asset market will usher in stronger development in 2020. The arrival of halving the output of several well-known projects will further stimulate the market;

2. The third halving of bitcoin will have a limited impact on the price of bitcoin in the short term, but it will have a positive impact on the price of bitcoin in the long run;

3. Bitcoin's dominance will decline reasonably, and other high-quality projects will allocate market share in a healthier way;

4. After the transaction volume fell by 28% in the fourth quarter, the digital asset spot market is expected to continue to be depressed in the first quarter of 2020, and the spot exchange industry may continue to be under pressure;

5. It is expected that by 2020, the transaction value of digital asset derivatives transactions will reach more than twice the spot transaction volume;

6. More and more traditional financial institutions will enter the stablecoin market to explore new business opportunities;

7. A variety of financial products will be launched in 2020, paving the way for fierce competition;

8. The digital asset industry will be subject to more and more regulations, and the market may be affected in the short term, but the future period will have a positive effect on the development of the industry;

9. More national central banks will launch digital currency projects to explore the potential of blockchain technology.