Story by: Billy Bambrough
The bitcoin price, which rose from under $1,000 per bitcoin to almost $20,000 over the course of 2017, fell sharply last year before rebounding somewhat so far in 2019.
Now, it’s been revealed bitcoin and cryptocurrency investor darlings Coinbase, a San Francisco-based crypto exchange, and Ripple, the payments group behind the XRP cryptocurrency, have crashed out of a top 10 U.S. startups list for 2019–each dropping over 20 places.
Coinbase, previously ranked third on the startup list, has fallen to 29th, while Ripple has slipped from seventh to 28th.
The ranking of U.S.-based firms, put together by professional social network LinkedIn, analyses companies’ popularity using employee growth, job seeker interest and member engagement.
Meanwhile, Gemini Trust Company, the custodian of the Winklevoss twins’ Gemini crypto exchange, and ethereum development firm ConsenSys dropped out of the list entirely from the 25th and the 26th spots respectively last year.
Original story: https://tinyurl.com/y4mrtbw8by