We’ll go through the several factors that influence demand for a particular crypto, but before we do that, it’s important to note that cryptocurrencies don’t fit comfortably into our existing asset categories.
Blockchain. A permanent online ledger that functions as a public accounting of cybercurrency transactions that have been executed. New “blocks” are added to the blockchain after the confirmation of each set of transactions.

NEW BUSINESS: Binance.US, the American arm of the world’s largest cryptocurrency exchange, hired its first lobbying firms last month, newly filed disclosures show, as policymakers in Washington face calls to rein in the rapidly growing and mostly unregulated industry. Hogan Lovells’ Ivan Zapien, a Democratic lobbyist who previously was chief of staff to now-Senate Foreign Relations Chair Bob Menendez (D-N.J.), and former House GOP aides Aaron Cutler and Chase Kroll will lobby for the exchange.
As users choose the more robust and convenient option, the service will see a fall in traffic that will translate to fewer transactions. This will disincentivise BTT staking, which is likely to make its core function largely obsolete.