Cryptocurrencies such as Bitcoin and Ethereum and Initial Coin Offerings (ICOs) have been a hot topic in finance circles this year.
Bitcoin skyrocketed to almost $20,000, causing some businesses to get involved in bitcoin primarily to ride the hype.
It then lost 30 percent in one day which led to suspended trading. 16+ million Bitcoins valued at more than $213 billion are now circulating with 21 million left to mine.
As of January 1, 2017, one Bitcoin was worth about $950, but its value has escalated rapidly over the past year, particularly since November 14, 2017.
