The crypto market has been down for months, but the industry’s long-term future is brighter than ever, writes Guilhem Chaumont of Flowdesk. Here’s why.
It’s no secret that the crypto industry is currently going through a rough patch with its market cap losing US$2 trillion since November 2021.
But while it will take time, crypto’s recovery will tell a much more complete story. Here are three reasons why the crypto industry is not going away anytime soon and will survive this Crypto Winter.
Crypto is increasingly useful
The cryptocurrency market is poised to bounce back because digital assets have clear, long-term benefits. Crypto companies are diligently working to provide more transparent and effective financial services that have real utility, such as affordable remittances, instant settlements, and more efficient cross-border payments. Crypto is beneficial from a verification perspective as well. Tremendous amounts of money are spent by traditional financial institutions on...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...