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Wednesday, May 14, 2025

Crypto Fest 2022: Looking Up to Post-Winter Opportunities - Cryptonews

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
The festival is set to be the largest gathering of crypto-minded experts, amateurs, and enthusiasts in Africa, to explore the technology’s impact on Web 3.0 and emerging opportunities for investors.
CAPE TOWN: 23 August 2022 – Conflict in Europe and skyrocketing interest rates in the US have put cryptocurrencies in the midst of one of the worst market crashes in the technology’s history. Bitcoin and Ethereum dropped more than 70 percent since the peak of last year’s bull run, while several high-profile crypto companies shut their doors as the size of the industry fell below USD 1 trillion – a significant decrease from just a few months prior when the industry was worth more than triple that.
While market volatility might deter some investors, those with an appetite for high-risk, high-reward innovation can see the opportunity on the horizon – and nowhere else is this greater than in...



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