The document discusses trends in cryptocurrency and blockchain from 2018 and predictions for 2019. In 2018, Bitcoin and Ethereum saw high volatility, regulation increased, and costs of token sales, bounties, and listings rose. In 2019, the author predicts a new wave of hybrid deals combining equity and tokens, regulation continuing, and crowdsales/bounties becoming tools for early adopters. Venture capital firms, family offices, capital markets and derivatives are also predicted to increasingly engage with cryptocurrency.